A look at the most promising opportunities ahead and my view on the state of DeFi. 🕵️♂️
• the rationale behind my recent investments
• yield strategies for ETH and stablecoins
• projects I'm monitoring
Here's a breakdown of my strategy this month👇
An overview of my top crypto holdings right now:
• ≈50% stables
• a large stack of $ETH
• $GMX - a perpetual DEX
• $GNS - a perpetual DEX
• $KUJI - a L1 for community selected projects
• $JOE - a Multi-Functional DeFi trading platform on #Avalanche
As long as the $ETH price doesn't increase above $2000, I'll continue DCA'ing into it for the long term.
Rationale:
→Ethereum L2s continue to raise in popularity
→$ETH issuance has decreased significantly
→Ethereum Share of Active Devs has increased this year
The best way to make money in uncertain times like this.
Find out:
• how these strategies work
• what are funding rates & why do they matter
• funding rates comparators
• examples of >20% APY delta neutral strategies🤑
A thread👇
Overview
A delta-neutral strategy allows investors to profit no matter which direction the underlying asset moves.
🆙 or ⬇️ your profit is going to be the same.
Delta neutral strategies essentially use the collective positions in a portfolio to neutralize one another.
The most common way to neutralize a position in crypto is by using perpetuals or money markets.
For example: Buy 1 BTC(1 BTC=$20K) and open a BTC short position with 2x leverage using $10k as collateral.
In this way, you're now not exposed anymore to the BTC price.