1/11 how much does it cost to farm on @0xconcentrator, to receive their new token $CTR ? What is the minimum amount of your deposit to get your ROI at the end of their IFO ? When could the IFO end ? All the answers in this π§΅here π
2/11 So as today, 233k $CTR has been raised out of the targeted 2,5millions of tokens. So, a projection shows an end of their IFO in about 3,5months, so around mid-November at same TVL.
3/11 @0xconcentrator can now be tracked on defillama and succeeded one big milestone, reaching the 100m$ + of TVL and entering the top list on #Ethereum! Congrat's!!
5/11 Out of ghe 233k raised $CTR, only 21k (<10%) in Balancer Pool. Watch out because it's a pretty illiquid token at the moment, and $CTR is in price discovery mode so with a huge volatily. app.balancer.fi/#/pool/0x80a8eβ¦.
6/11 So now, how can you farm $CTR without spending all your gains or even more in gas fees as @0xconcentrator is only available on #Ethereum network ? One simple tip : use low GWEI during week-end. Example below made with #GWEI at 7. etherscan.io/gastracker
7/11 First, to minimize transaction cost, @0xconcentrator allows you to single deposit a token & everythingelse is taken care by the protocol. As we all have $ETH on our wallet, you can simply deposit $ETH on a pool:
Approve token <1$
Deposit = 21$
8/11 Then, if you want to claime your $CTR, that will cost you 3$.
9/11 So basically, depositing (withdrawing) + claiming will cost you a bit less than 50$. If we take the yield on the $cvxCRV pool of 26% APY & we estimate the #IFO will end in 3,5 months, you'll need to deposit a minimum of 660$. That can vary depending on $CTR price and #TVL
10/11 Finally, if you didn't yet have a look at what i provided as educational content about @0xconcentrator check that tweet :
If you like this thread and like me you want to add a #farming layer on top of @CurveFinance & @ConvexFinance protocols on #Ethereum network, please feel free to share and retweet the tweet π.
Thanks to @svensoon_ for having spotted this small error in my calculation by overlooking the withdrawal Fees of #IFO vaults going from 0,05% up to 0,5%. In my example, then the deposit would increase to 700$ for a vault with 26% APY,
How to earn One OG @BongBearsNFT + access to 10x #Airdrops allocation, Boosted Yield, Private access to protocols & other benefits on the @berachain ecosystem?
=> @0xhoneyjar game starts on March 4th, 00:20 UTC. Are you ready ?
TLDR on How to Participate π
1/ You don't know what is a gate ? I have u covered
You can't access infinity gate anymore except through 2ndary markey but "Bear Gate" is still accessible. Go to mint your articles: mirror.xyz/janitooor.eth
2/ Minting your Honey Comb NFT(s) will take place on #ethereum mainnet
1/ @VelodromeFi locking position are encapsuled in a NFT
This NFT can be sold on a NFT Market Place
veNFT collection from Velodrome is Top 1 in 30days Volume (230 $ETH)
So, how can you benefit from $VELO price action & take profits while locked for 4 years?
A π§΅
2/ In this π§΅, i will show you:
- Where to check the status of a veNFT
- How to reset your veNFT
- Where to list and sell your veNFT
- What is the average price you could expect
3/ First thing first, if you want to get more information on how @VelodromeFi works, please check my Velodrome Deck here. You will be able to find explanatory videos, tutorials, my own strategy, etc... Nothing is financial advice.
1/12 #Crypto is a Niche in the Global Finance system. Finance is Complex!
#Defi is a Niche within Crypto. Crypto is Complex!
So how to invest in #Crypto as easy as 1, 2, 3 with no KYC and non-custodial wallet? Defi just becomes Easy!
2/12 In this thread, i'll present @NestedFi, a decentralized protocol that allows you to:
- Buy #Crypto with #Fiat /Stable
- Set-up a non custodial portfolio with Metamask
- Buy a basket of Tokens in 1click
- Copy famous traders
- Send your Portfolio to mum (BirthDay Present)
3/12 Let me show you how you can create your Own INDEX funds in 2 minutes, following a strict Portfolio Management
3/13 $CTR TOKENOMICS: During the past year of downtrend a lot of peopleβs eyes have been opened to the HIGH FDV LOW FLOAT meme. I called the CTR token distribution charity in a video because itβs the opposite, LOW FDV HIGH FLOAT.