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DefiRobot.ftm

@RobotDefi

Jun 30

🚜DEGEN AF TRADING STRATEGIES: YIELD FARMING🚜

-*A yield farming primer for beginners*-

👉 What is yield farming?

Strategies deployed to maximize “yield” or returns 👇

🌾/1

This spans across multiple strategies, such as:

· Lending

· Liquidity mining

· Staking

🌾/2

Lending and liquidity mining are basically the same thing – you’re lending your tokens out for others to use.

In the case of lending, that’s pretty straightforward. Someone needs tokens you have, you let them borrow them.

In the case of liquidity mining...

🌾/3

Read 29 tweets

DefiRobot.ftm

@RobotDefi

Jun 4

🤖DEGEN AF STRATEGIES VOL 2🤖

👉 Lending Loops

Let's talk about lending loops. These are far and away one of the most #degen strategies you can employ.

Why?

👇

🧵/1

Because, in a normal lend/borrow situation, you risk your collateral, but you still have the asset you borrowed.

In a lend loop, you risk EVERYTHING;
Your collateral AND your borrowed asset.

If you get liquidated, you have NOTHING.

🧵/2

First, let's talk briefly about how lending and borrowing work, so the loop scenario becomes a bit more clear.

In traditional finance, when you borrow money, you either put up something for collateral (your house or car) or the lender takes a risk based on your credit.

🧵/3

Read 33 tweets

DefiRobot.ftm

@RobotDefi

May 27

TRYING TO EXPLAIN #DEFI TO MY MOTHER

I'm on a mission to help onboard as many "normies" possible into the world of DeFi

It requires choosing the right words & analogies to help explain technical concepts

So heres a 🧵 I hope you find helpful you can send to your own normies 👇

First, let's start with concepts we understand.

INCENTIVES. The world revolves around them. Everything anyone tries to get someone else to do involves incentives.

I mean, what is dessert for a child if not a bribe to finish dinner?

🧵/2

The world of finance is no different.

What bank do you open a savings account with?
Probably the one offering the highest APR (incentive).

What bank do you have a checking account with?
The one with cashback rewards, or lower fees, etc.

🧵/3

Read 19 tweets

DefiRobot.ftm

@RobotDefi

May 26

Today I want to write about risk management.

I wrote awhile back about finding your trading edge & #candlestick basics:
(

https://twitter.com/RobotDefi/status/1511834023676497924?s=20&t=qocrLreyKZVkLCRivJRhrw

)

My friend @Zetoveraleenzet pointed out that knowing this stuff doesn't help much without risk management.

So here's a thread

🧵/1

@Zetoveraleenzet

@Zetoveraleenzet First, what is risk management?

Technically it's the identification of risks and the procedures necessary to minimize them.

However, for trading I think the more accurate terminology would be risk mitigation.

🧵/2

@Zetoveraleenzet

@Zetoveraleenzet So, how do we mitigate risks while trading?

For proper risk management, you need three things:

1. A system
2. A stop loss (also known as an invalidation point)
3. A target

Let's go through each of these...

🧵/3

Read 27 tweets

DefiRobot.ftm

@RobotDefi

May 25

🚨WARNING: DO NOT TRADE BSC TOKENS LESS THAN 24HRS OLD🚨

I'm seeing influencers teaching this "degen trading strategy" but it's really just a way to lose your money. 98%+ of these tokens are scam tokens!!

Here's a quick thread.

🧵/1

First, the reason I'm posting this is because I've seen multiple "influencers" push this as a strategy, claiming they 2x, 3x, 10x their money in "less than X minutes"

And I know that's total bullsh!t

🧵/2

How do I know?

Because I legit spent nearly 2 months FULL TIME building a strategy around this only to discover it can't be done.

Let me explain...

🧵/3

Read 17 tweets

DefiRobot.ftm

@RobotDefi

May 24

@0xLosingMoney

In a continued effort to help my buddy @0xLosingMoney whittle down his overflowing inbox, today I am going to do a quick layman's "security audit" for @SphereDeFi .

Okay...so here's some crazy analysis shit.

🕵️‍♂️/1

@0xLosingMoney

@0xLosingMoney @SphereDeFi As usual I add the disclaimer I am NOT a Solidity developer so I am only looking for glaringly obvious issues. Also, this is NOT a deep dive into the project, only a look into whether any security issues exist that investors should be aware of.

OK, let's get into $SPHERE

🕵️‍♂️/2

@0xLosingMoney

@0xLosingMoney @SphereDeFi First step (as always) is to check the @Token_Sniffer. There are a couple of issues with this one, however, that I'll address.

First, this appears to still be bringing up the V1 token, so it can't see the new liquidity.

🕵️‍♂️/3

Read 16 tweets

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