Thread by @2lambro

A DeFi strategy that u can sleep at night while depolying 80% of ur capital in.

its not sexy but it works

🔥 Battle tested Smart contract
🔥 Blue Chip crypto only exposure
🔥 Real non ponzi yield
🔥 prefect DCA product with Yield

Introducing TriCrypto on @CurveFinance
18.45%apr on @arbitrum
13.17%apr on #Etherum
25.15%apr on @avax
35.81%apr on @FantomFDN

In this thread
1️⃣ What is TriCrypto
2️⃣ Why is TriCrypto something i can recommend frens
3️⃣ When should u enter
4️⃣ Tutorial

1️⃣ What is TriCrypto

It is a Curve's v2 liquidity pool with
- stablecoin ( which stables depends on chain)
- BTC
- ETH
with 33% of each asset each.

Its yield is from trading fees & incentivized emission yield from curve

2️⃣ Why is TriCrypto something i can recommend frens
The TriCrypto pool targets to keep 33% of each asset in most time.

Meaning, each 10 usd of tricrypto u hold u are technically holding 3.3 btc, 3.3 eth and 3.3 usd.

If btc & eth goes down in price, because the pool targets to keep at 33% essentially u will be buying the dip.

u will have more number of tokens in btc & eth

If btc & eth goes up in price, tricrypto will essenitally sell some of the eth btc to keep the 33% balance

Why is it good?
🔥 Battle tested smart contract
🔥 66% exposure in btc & eth with auto rebalancing + yield is something you can comfortablely depoly large amount of capital
🔥 if someone wants stress free exposure to crypto with some yield, this is what i recommend

3️⃣ When should u enter
Because it still has 66% delta exposure in btc n eth. ideally u want to enter when u think

🔹 the market is near bottom for a rebound
🔹 market will be sideways for a while

If u are a god tier trader n can time the market
🔹 enter near low
🔹 sideways a bit so u have time to accumulate yield
🔹 as the market picks up u unwind the position into BTC & ETH only so it doesn't sell ur upside

4️⃣ Tutorial

Go to @CurveFinance & to their site
depending on which chain u want to join
(will be using arbitrum for tutorial purpose)

Enter the pool with ur prefered asset.

Do take note on slippage Loss or bonus
when they pool is imbalance, u will get more or less LP token

Also if u are supply BTC ETH, u are essentially selling 33% into stable
and if u are buying with stable u are essentially buy 66% btc,eth

Go to @ConvexFinance for the boosted yield
Select the right chain
deposit ur LP
Claim ur yield time to time

@CurveFinance is old but gold, the typically kol will just shill u the newest thing, i shill things that work.

Face it, market is going stale if people are still talking u into idos either the project is really good or they are not ur friend.

Sometimes boring is what works

Thanks for reading!
Check out my other social where i post earlier n more stuff

Old strategy thats works n u can sleep at night
@milesdeutscher
@CJCJCJCJ_
@DAdvisoor
@CryptoKoryo
@alpha_pls
@0xTindorr
@Chinchillah_
@defi_mochi
@CryptoShiro_
@CryptoDragonite
@rickawsb
@rektdiomedes
@thelearningpill
@0xJamesXXX
@crypto_linn
@DeFi_Cheetah
@crypthoem

Old strategy thats works n u can sleep at night
@TechFlowPost
@Alvin0617
@arndxt_xo
@defitrader_
@0xsurferboy
@Louround_
@ChadCaff
@ThorHartvigsen
@0xSalazar
@WinterSoldierxz
@schizoxbt
@ViktorDefi
@poopmandefi
@Slappjakke
@CurveCap
@mrblocktw

https://twitter.com/2lambro/status/1651020163586859008