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Cyril - DeFi Profile picture
@cyrilXBT
May 18 • 15 tweets • 4 min read Twitter logo Read on Twitter
Magpiexyz created their new product @Penpiexyz_io has recently received massive support from pendle_fi

It's not your average DeFi integration.

Revolutionize how you enjoy DeFi with more flexibility & maximization than ever before.

Ready to explore? This thread's for you 👇🏼🧵 Image
2/ In this thread, I'll cover:

- Introducing Penpie
- Pendle Finance
- Pendle's veToken Model
- Pendle Rush
- PNP Token
- Conclusion

Let's Start!
3/ Introducing Penpie

Penpie is the secret sauce that fuels the growth of Pendle Finance and its ecosystem. As part of Pendle's offering, Magpie extends its reach and amplifies its benefits for DeFi enthusiasts everywhere.
4/ Pendle Finance

Pendle Finance is a DeFi yield-trading protocol on #Ethereum & #Arbitrum.

It converts yield-bearing tokens into standardized yield tokens (SY) and separates them into principal tokens (PT) and yield tokens (YT). Tradable using a custom V2 AMM.
The integration brings the $400 trillion interest derivative market to DeFi, making it easy for everyone to access. PTs act like zero-coupon bonds and YTs resemble coupon payments.
6/ Pendle's veToken Model

@pendle_fi implements veToken model for its governance token PENDLE.

Lock your tokens as vePENDLE to own governance rights, get revenue share, and earn higher APR%.

For maximum benefits, lock PENDLE for 2 years.
7/ Pendle Rush

Magpie launches PENDLE RUSH program: rewards for depositing assets on Penpie.

Limited-time event: 2 days left

Points accrue based on PENDLE deposits, with higher amounts providing more points. Image
Deposit more PENDLE, unlock higher point brackets, and earn bigger PNP rewards.

Here's how the points are assigned:
To ensure maximum participation, the PENDLE Rush event has expanded its reach to users on both the Ethereum and Arbitrum networks.
IDO Fund Usage:

• 40% for Initial PNP/ETH Liquidity
• 30% for Development & Operation
• 20% for Marketing & Business Development
• 10% for Auditing
9/ PNP Token

$PNP: The governance and revenue-sharing token of Penpie.

Lock your $PNP tokens to receive $vlPNP at a 1:1 ratio. With Vote-Locked PNP (vlPNP), not only do you earn passive income, but you also get to share governance benefits on the platform.
10/ Conclusion:

#Pendle Finance and @magpiexyz_io's integration through Penpie is a game-changer for DeFi.

It brings together two powerful protocols with unique offerings, creating more opportunities for users to maximize yield and participate in governance.
They recently launched their $PNP token IDO for those who are interested in participating.

Here you go:

Full transparency: This content was created in partnership with Magpiexyz.

Always DYOR.
And that's it!

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1. Follow me @cyrilXBT for more incredible threads like this.

2. Retweet the 1st tweet of this thread to help inspire others:

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More from @cyrilXBT

Cyril - DeFi Profile picture
May 18
Following smart money in #crypto can turn you into a profitable trader.

With a portfolio worth $394 million in crypto holdings

With $6M made in the last 24 hours.

Here's what we can learn from this millionaire 🧵 ↓ Image
Quick notes.

Let's dive into his holdings and see what he currently holds.

• The most held coin in his portfolio I'll assume is the most bullish project
• this thread will highlight how much he hold in each project
• We will also take a look at his transaction behaviour
In this thread, I'll be using @zerion to analyze his holdings.

I use @etherscan to find whales like these.

At the end of this thread, you can find the whale's wallet in case you want to track him yourself.

let's dive in...
Read 11 tweets
Cyril - DeFi Profile picture
May 17
I spent 24 researching Davos protocol and it's upcoming #airdrop

The dual token model of @Davos_Protocol is loaded with features.

It's providing instant mutations, asset collateralization, borrowing, yield farming, and stable asset staking.

Here's how you can get involved 🧵 Image
Davos Protocol runs diverse low-risk strategies to generate yield from the collateralized assets and redistribute it to DAVOS stakers and DEX liquidity providers.
Davos Protocol's $DGT distribution:
• 54% - Borrowing and Other Incentives
• 10% - Incubation
• 8% - Private Sale
• 8% - Team and Advisors
• 8% - Davos Liquidity
• 6% - Strategic Sale
• 3% - Seed Round
• 2% - Marketing
• 1% - Public Sale Image
Read 16 tweets
Cyril - DeFi Profile picture
May 16
Just spent the last 24 hours researching an up-and-coming player: zkSync.

Here's why you should care:

Low gas fees, the perfect time for a low-cost/low fees #airdrop strategy on zkSync.

- High Airdrop probability.
- Only 20 min estimated time.
- Cost: only $50. Image
Low on cash? No problem. Take advantage of the zkSync airdrop opportunity - it's huge.

Inspired by Arbitrum's criteria, this failsafe strategy is perfect for small budgets looking to get lucky.

Plus, you can enjoy multi-wallet capabilities without breaking the bank ☠️
Ready for zkSync Era?

1. Spend $50 on ETH in Binance, and withdraw to MetaMask on Arbitrum chain (fees $0.6/$0.7).

2. Bridge 0.005 ETH to zkSync Lite and pay only $2/$3 fees: orbiter.finance/?source=Arbitr…

3. Bridge the rest to zkSync Era for just $2/$3: orbiter.finance/?source=Arbitr…
Read 13 tweets
Cyril - DeFi Profile picture
May 15
Following smart money can turn you into a #crypto pro 💰

This whale has a portfolio worth $21 million in crypto holdings

Currently in $6M profit from a single trade

Here's what we can learn from this millionaire 🧵 ↓ Image
Quick notes.

Let's dive into his holdings and see what he currently holds.

• The most held coin in his portfolio I'll assume is the most bullish project
• this thread will highlight how much he hold in each project
• We will also take a look at his transaction behaviour
In this thread, I'll be using @zerion to analyze his holdings.

I used @ArkhamIntel to find whales like these.

At the end of this thread, you can find the whale's wallet incase you want to track him yourself.

let's dive in...
Read 8 tweets
Cyril - DeFi Profile picture
May 15
The @dracula_fi's Bribes Bond Feature has a 1:8750 ratio, delivering high APRs, stability, and growth.

And there's more: the $veFANG airdrop!

Read this thread to learn why you shouldn't miss out 🧵 Image
This thread covers:

- Introduction
- Tokenomics
- Bribes bond feature
- How to use the testnet
- What they offer
- Crew3
3/ Introduction:

DraculaFi is ve(3,3) protocol built on zkSync ERA. It introduces Bribes Bond to improve tokenomics and stability while prioritizing user interests over protocols.
Read 13 tweets
Cyril - DeFi Profile picture
May 14
I spent the past 24 hours researching a promising up-and-coming plyer

With a potential #airdrop is on the way and you can claim $1,000 + with only a few mins interacting with the protocol

Here's how: 🧵 👇 Image
EigenLayer is a protocol built on Ethereum that introduces restacking, a new primitive in crypto-economic security.

This primitive enables the reuse of $ETH on the consensus layer.
Users that stake $ETH natively or with a liquid staking token (LST) can opt-in to EigenLayer smart contracts to restake their ETH or LST and extend cryptoeconomic security to additional applications on the network to earn additional rewards.

Follow these few steps to be eligible
Read 12 tweets

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