Crypto Gideon🦇🔊 Profile picture
May 13 14 tweets 13 min read Twitter logo Read on Twitter
It's not a secret LSD sector is and will be the hottest narrative in crypto.💰

That's why the 2 biggest innovators partnered up.

@Rocket_Pool 🤝 @Flashstake

Here are multiple ways how you can easily earn instant rewards with #rFLASH.💸

A thread on $RPL & $FLASH 🧵 Image
1️⃣ Background - $RPL

Rocket pool is the third biggest liquid staking provider for $ETH.

They have 620k $ETH staked which is ≈ $1,1 Billion 💰

Right behind $LDO and @coinbase, $RPL holds 7% market share.

With $frxETH, $RPL has the highest TVL inflow in the last 30 days.📈 Image
@coinbase 2️⃣Background - $FLASH

Flashstake allows anyone to:

•Buy
•Sell
•Earn

the future value of their money, today.

In simple words, Flash allows you to get instant upfront yield.

Instead of waiting 1 year to get your APR, you get it immediately.

Details👇 Image
3️⃣ Giant partnership

Up to date, $FLASH only offered $stETH.

But, as of now, you will be able to get an upfront yield on $rETH.

How it works?

1. Go to FlashStake Dapp

2. Select $rETH amount

3. Select the duration you want to lock your principal

4. Voila-you get $WETH Image
4️⃣How does it work behind the scene?

1. You lock your $rETH

2. Your $rETH keeps earning yield from $RPL

3. FlashStake mints fy-rETH

4. fy-rETH is swapped for $WETH

5. You get $WETH as an upfront yield

All of this is done in milliseconds and without you having to worry. Image
5️⃣What is fy-ETH?

fy-rETH represents a Flashstake "Yield Redemption" for $rETH and gives the tokens an underlying value.

fy-rETH holders can burn their fy-rETH to redeem yield from the Yield Pool at any time.

You can earn dual rewards by staking single-side $rETH

Here's how👇 Image
6️⃣Dual mining rewards

You can get dual liquidity mining rewards paid in FLASH + rFLASH.

You have to stake single-sided $rETH on the @xtokenterminal platform

Rewards started on the 12th of May.

Rewards from pool 1 are vested for 4 weeks.

More details are in the tweet below👇 Image
@xtokenterminal 7️⃣Why would you do this?

To earn #rFLASH, a goal-based token🤑

There are only 100 rFLASH tokens.

At a minimum,each rFLASH is worth 1,000 $FLASH.

But, if the Rocket Pool Time Vault reaches 5k $rETH staked (3-month minimum duration), then each rFLASH will be worth 10,000 $FLASH Image
8️⃣How to earn rFLASH?

You can earn it in 4 ways, by:

1. Being early to flashstake $rETH
2. Being a content creator-spreading word
3. Providing liquidity to rETH/fy-rETH
4. Having the largest $rETH flashstake for that day

Choose your way and hurry up! Image
9️⃣Schedule🗓️

Here is a simple schedule to keep in mind.

On May 16th you'll be able to flashstake your $rETH and get an upfront yield in $WETH.

The deadline for earning rFLASH is June 18th.

Details👇 Image
🔟Why earn $FLASH?

Each time you flashstake, you are charged a fee on your yield, not the principal.

The only way to remove this fee is to deposit $FLASH into "Flash Capacitor"

This reduces circulating supply and makes $FLASH more scarce.

1️⃣1️⃣TL;DR

$rETH will soon be available on $FLASH

You can also earn dual tokens (FLASH + rFLASH) by single staking your $rETH on @xtokenterminal

As more people flashstake $rETH, you will earn more fees by providing liquidity to rETH/fy-rETH.

If you made it this far, you are in the top 1%.💎

If you enjoyed:

1. Follow me @CryptoGideon_ so you won't miss more VALUABLE threads.

2. RT the tweet below to help others find more about DeFi and crypto insights.

Hope you found this helpful.

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More from @CryptoGideon_

May 5
$CHR continues to break every record!📊

Currently, it's 3rd biggest project on $ARB by TVL🤯

Just behind $GMX and $UNI!
Even above $RDNT...

In less than 48h, it attracted a staggering $245M TVL.

But, that's not all!⚠️

Are you ready for more mind-blowing @ChronosFi_ stats?👇 Image
@ChronosFi_ When we filter by DEXs on $ARB:

It's the second biggest DEX, just behind $UNI.🔥

But notice it only has $60M less TVL than $UNI.🤏

If they attracted $245M in under 48h, they can another $60M.

What stats show when we compare $CHR to other DEXs in the whole crypto space?🤔 Image
$CHR is ranked 8th among all DEXs by TVL.

It's just behind $VELO by $35M.

Let me remind you $CHR is still under $10M Market cap, while $VELO sits at $30M.

It has more TVL than some well-known DEXs like:

• $JOE
• $QUICK
• $GRAIL

What about fees and volume?🤑 Image
Read 6 tweets
May 3
$THE is dominating ve(3,3)DEXs right now📊

It's beating:

• $VELO on $OP
• $RAM on $ARB
• $EQUAL on $FTM

in terms of:

✅Fees
✅Revenue
✅Holder Revenue

on ALL time frames...🤯

Market cap - $6,5M
TVL - $84,5M

MktCap/TVL ≈ 0,08
@ThenaFi_ is on fire🔥

That's not all!👇 Image
In the last 24h it also did more volume than $VELO👀

$VELO however slightly beats $THE in 7d volume.📊

$RAM and $EQUAL is nowhere near to be seen in terms of 24h and 7d volume...

So, what's the secret behind $THE rapid success?👇 Image
Introduction of concentrated liquidity.👌

They partnered with @CryptoAlgebra and @GammaStrategies

You can see how big of an impact the Fusion pools have on:

✅Fees
✅Revenue

$GAMMA is really a leader in concentrated liquidity management.

So, has $THE room for growth?🤔 Image
Read 7 tweets
Apr 29
Today, we'll address 5 main concerns about $LVL:

1️⃣"It's on $BNB"
2️⃣"Fake volume"
3️⃣"Emissions are too high"
4️⃣"Binance is behind them"
5️⃣"They are burning money"

and why these concerns are nonsense.🤫

Short thread on @Level__Finance and why you shouldn't be worried 🧵 Image
@Level__Finance 1️⃣"It's on $BNB"

First, tell me one crypto project that plans to stay only on one chain?

Good luck finding it...
Even ve(3,3)DEXs can migrate cross-chain in a week.

Future is multichain.

Especially with EVMs, projects can just copy-paste code, and voila.

But, why not $BNB?👇
1️⃣"It's on $BNB"

Second, tell me why are strong projects like:

• $JOE
• $UNI
• $RDNT
• $GAMMA

and many others, STILL expanding to $BNB?🤔

They expand where users are.

And guess what?
$LVL just announced the cross-chain expansion.

What excuse you will find now?
$ARB soon Image
Read 15 tweets
Apr 4
If you are a trader who loves perps, then you are gonna love Option Scalps.

They are more cost-efficient for quick trades, with no closing fees.

Or if you love providing liquidity, Option Scalps offer you NO DOWNSIDE!

A thread on @dopex_io new product & trading competition🧵
1️⃣What is Scalping?

In scalping, you speculate on directional volatility in short time frames.

Positions can be taken in:

🔷Long-price⬆️
🔷Short-price⬇️

Since short time frames allow less volatility, scalpers may choose to leverage positions to amplify their returns/losses.
2️⃣What are Option Scalps?

Option scalps are constructed as isolated pairs consisting of a base asset(e.g. $ETH)and a quote asset(e.g. $USDC)only.

When long $ETH scalp position is opened,trader deposits $USDC as collateral.

$USDC from the $USDC pool is then swapped into $ETH.
Read 15 tweets
Mar 30
Want to earn life-changing money?

Position yourself in upcoming narratives before masses!

LSDfi is a new hot narrative around LSDs.🤫
You can use LSD tokens in DeFi and the real world:

•Buy dream car
•Join token sales
•Take out loans against them

Find out before others 🧵 Image
$27+ billion in $ETH will be unlocked with Shanghai upgrade.

This will flood the market with LSD tokens.

You have 2 choices, invest in protocols that:

🅰️offers LSDs
🅱️offers DeFi for LSDs

Today, you'll discover why option 🅱️ may bring better rewards.👇

Few gems at the end!💎
1️⃣Current state of DeFi

The top 3 main categories of DeFi are:

• DEXs
• Liquid Staking Derivatives
• Lending

Combined they have $49,17B TVL.🤯
Remember we are in a bear market still.

But, there is a problem...👇 Image
Read 22 tweets
Mar 26
Giant @LidoFinance is SHUTTING DOWN liquid staking for $DOT on $GLMR.🤯

While this is bad for $LDO, you can easily capitalize on this opportunity.

Besides $ETH Shanghai upgrade, @BifrostFinance positioned itself to gain this market share as well. $BNC

A quick thread 🧵
1️⃣Reasons:

Lido and @MixBytes stated:

⚠️ Unsustainability
⚠️ Slow protocol adoption
⚠️ Current market conditions
⚠️ Lack of liquidity in @Polkadot DeFi ecosystem
⚠️ $ETH is given more priority than $DOT and $KSM

So the question comes:
Who will benefit from $DOT liquidity?🤔
2️⃣How bad is this?

$LDO is a liquid staking giant.

It's a leader on most chains it deployed.

Currently, they have 3,3M $DOT staked.
This is worth $20M.

All this liquidity will have to go somewhere.
Your goal should be to position yourself for this transition.

Here's how:
Read 13 tweets

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