Thor Hartvigsen Profile picture
May 31 6 tweets 2 min read Read on X
4 Yield/Points Strategies For June👇 Image
#1 @blackwing_fi

Posted about this earlier this week but think it's pretty underfarmed.

Best strategy is definitely depositing your PT assets from @pendle_fi to really rehypothecate that yield.

Calculator & invite code below. Return does not display PT yields. Image
#2 @ethena_labs

The sUSDe market on @pendle_fi has just been increased from $250m to $350m.

YT-sUSDe not only leverages points but also the large yield generated by Ethena.

Even with a 25% average sUSDe yield till Sep 2nd, the return is quite significant. Image
#3 @ether_fi

Etherfi S2 ends at the end of June but last-minute YT-eETH purchasers might be eating good.

There is slightly more risk associated here due to the uncertainty of EigenLayer S2

If you are at stakerank level 8, it's a very good strategy imo. Image
#4 @Karak_Network

Many ways to play this, either by depositing LRTs/PT assets from Pendle into Karak directly.

Or alternatively buying into one of the new Pendle Karak markets that just went live.

@PendleIntern did a great breakdown of this strategy on their profile.
I did a complete breakdown of these over at On Chain Times where you can also find the Google sheet containing everything.

Do subscribe if you haven't already.

Post👇

onchaintimes.com/p/yieldfarms-a…

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More from @ThorHartvigsen

Apr 2
0/ My thoughts on the Ethena airdrop and whether you should farm Season 2 🧵

like/RT
1/ Some S1 stats
- campaign went on for 6 weeks
- 360b total shards (points)
- $550m airdropped in total at the current $ENA valuation

How much did people make?
2/ Simply locking $10k USDe on day one would have netted a ~$6.4k $ENA airdrop which is a 64% yield or 560% APY.

Buying $10k YT-USDe on Pendle when it launched resulted in ~$80k worth of $ENA today which is a 802% return or 6989% APY.

Pretty insane
Read 8 tweets
Jan 4
Delta neutral ATOM, INJ and TIA airdrop farming

I built a calculator to show it's possible to farm Cosmos eco airdrops without any price exposure (delta neutral).

+ getting paid $$$ in funding and staking APY

35% and 68% APY for $TIA and $INJ respectively.

A smol thread 1/Image
2/ Current staking yields:

$ATOM - 14.05% APY
$TIA - 16.30% APY
$INJ - 15.88% APY

Simply by staking these assets you're becoming eligible for future potential airdrops.

TIA is most likely the best R/R if you ask me.

But now we are spot long and need to hedge this exposure: Image
3/ There are several perps that pay you to short (via funding rates). These include:

@vertex_protocol
@HyperliquidX
@IntentX_
@aevoxyz
@dYdX

Currently, Aevo seems to have the most skew and hence pay the most to shorts. (for TIA and INJ). But check various platforms.
Read 5 tweets
Dec 21, 2023
I spent the past days reading '2024 Outlook' reports from entities like Coinbase, Binance, a16z and more..

Many of these have similar theses on trends like dePIN, AI, Modularity etc.

A comprehensive summary of the biggest ideas you should pay attention to in 2024👇 Image
1️⃣ AI and Blockchain Synergies🤝

> By using blockchain infrastructure, AI innovation can be democratized instead of concentrated, making the products better & safer for consumers.

> AI agents: can process transactions and store/exchange value on behalf of users.
> A threat present with AI is false/manipulated info from e.g deep fakes.

The transparency of blockchains can be a key in solving this through digital signatures & zkML (zero-knowledge machine learning).

Some projects to monitor:
- @rendernetwork
- @akashnet_
- bittensor
Read 16 tweets
Jul 22, 2023
1/8 @RDNTCapital generates $60k-$100k in fees/day on average.

The TVL sits at an all time high of $277m and the protocol will be launching on Ethereum mainnet soon.

Binance Labs further announced a $10m investment in Radiant to support its future growth and expansion. Image
I first started covering Radiant 5 months ago and since then, the protocol has grown significantly and upgraded to V2.

V2 introduced the dynamic liquidity pool (dLP) where users lock up their $RDNT in a Balancer pool with 20% $ETH to earn $RDNT emissions on the protocol.
As Radiant has grown, protocols have launched on top of this dapp.

@Radpiexyz_io is one of these and is incubated by @magpiexyz_io and works similarly to @Penpiexyz_io built on top of @pendle_fi.
Read 9 tweets
Jul 4, 2023
Your Ultimate Guide To Q3 Narratives 🔮

I've identified the 9️⃣ largest catalysts and narratives in the coming months.

An overview of Q3 innovations you should keep a close eye on + an analysis of Q2 winners👇
Q2 Analysis - On-chain Perps📊

A comparison of Q1 volume vs Q2 volume👇

• Total trading volume down 8% due to a generally bearish quarter

• @Level__Finance, @Kwenta_io, @muxprotocol and @vertex_protocol are the top gainers in this period📈
Q2 Analysis - LSDs💧

A comparison of ETH TVL👇

• The overall sector has grown by over 2m $ETH ($3.9b)🤯

• @Rocket_Pool, @fraxfinance and @LidoFinance continue to grow significantly

• @swellnetworkio has also experienced large growth (strong airdrop campaign and high yield)
Read 15 tweets
Jun 15, 2023
USDT is currently heavily over represented in the 3pool on Curve which is now over 60%🚨

Is this baseless panic or do large entities know something we don't?

I don't want to take that bet so I've shorted USDT on-chain as a hedge. Here's how👇 1/5 Image
Curve is the main place for swapping stablecoins as the protocol has the deepest liquidity.

When the Curve 3pool becomes imbalances it becomes more difficult to swap without experiencing large slippage.

This is what's happening right now because people are selling USDT.
If you want to convert USDT to another stablecoin you have several options such as USDC, DAI, FRAX or decentralized stablecoins like LUSD on mainnet or VST on Arbitrum.

You can additionally short USDT quite easily on-chain:
Read 6 tweets

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