Wajahat Mughal Profile picture
Jun 4 11 tweets 5 min read Read on X
Wow, almost half way through the year already, time goes fast and so do the juicy yields.

Here is how to take advantage of them with Farms Of The Month - June 2024

The best ETH and Stablecoin farms for you to enjoy this month 👇 Image
Have a look at last months farms for some of the best opportunities, many of which will still have great yields for you to earn from.

Lets jump into this months opportunities with some of them below!

USD3 - RTokens @reserveprotocol

USD3 is a new stable backed by USDC, PYUSD and DAI all of which are in yield generating strategies in AAVE, Compound and DSR.
Due to @reserveprotocol's gov power, $USD3 itself can be incentivised.

Some juicy yields on @CurveFinance & @AerodromeFi Image
Basis trade on Hyperliquid / HLP

With funding rates increasing on certain alts, manually doing the basis trade by holding spot and shorting on @HyperliquidX is one that can generate you some income + points.

HLP is also another option as it has been for quite some time. Image
Timeswap @TimeswapLabs

Consistently one of the best places for high yields in DeFi. Back again with another banging pool introducing @pendle_fi PT pools for USDe

Get leveraged USDe exposure or lend stable for high double digit yields. Image
Protocol FX @protocol_fx

As has been the case for some time, FX stable coins have consistently offered high double digits yields for you farmers.

Here’s my ref link if you wanted to mint some yourself! fx.aladdin.club/assets/?code=0…
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Ethena @ethena_labs

Funding on both BTC & ETH has increased in recent weeks. Consequently sUSDe yield jumped above 30%

There’s also some good farms with @pendle_fi PT tokens
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Synonym @synonymfinance

Following their recent announcement now being live on Scroll, farm a combination of:
Scroll marks
Yield upto 26%
$SYNO
$W and $ARB via BIPS

Pretty underrated farm imo. Will be sharing my thoughts on this tomorrow. Image
JLP @JupiterExchange

JLP is the liquidity pool token powering Jupiters perps. 30% APY, solid appreciation. Not a bad option for you guys.
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Pendle @pendle_fi

Always one of the best. Plenty of opportunities for stables, ETH and alt coins. PT tokens or Liquidity pools - theres yield for you!
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Let me know what and where you're farming, as always will be back again next month!

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More from @0xMughal

Jul 4
The market has been dumping and many of you reading this will be sat in some stables and ETH waiting to eventually redeploy.

In the meantime, looking for some opportunities? 📈

Here are 13 different strategies for the month of July 💰

Lets dive in below 👇 Image
See last months farms for some of the opportunities previously available!

Without further a-do, let's go through what we have available this month!

1. pxETH - @redactedcartel

pxETH remains to be one of the highest yielding LSTs in the space today.

Use Uni V3 manager protocols like @ArrakisFinance to handle the management work and earn 15%+ APY with additional $BTRFLY rewards Image
Read 16 tweets
May 4
Have been playing around with bridges a little more recently

In this thread I'll cover all the main bridges comparing:
Fees
Time
Asset/Chain support

Here are the best ones! 👇 Image
Below we'll cover:
@Orbiter_Finance @circle @BungeeExchange @AcrossProtocol @wormholecrypto @deBridgeFinance @LayerZero_Labs @SynapseProtocol @squidrouter

I'll also include my preferences when it comes to bridging too

Fees are based on bridging 1 ETH or equivalent in $ value.
Orbiter Finance @Orbiter_Finance

Fees - $3-5 (0.05% + withholding fee)
Time - Sub 30s
Support - Most L2 chains, (not L1's/NonEVM)

Also has no token - points mean prizes! Image
Read 12 tweets
Mar 21
Anchor Protocol was one the most popular DeFi apps last cycle attracting tens of billions of dollars of deposits.

We have a better version now & it's called USDe by @ethena_labs

In this deep dive we will cover everything you need to know it & how it pays a REAL yield of 60% APY Image
In this thread we'll cover:

The issue with stablecoins today
What is Ethena
Where does the yield come from?
Mechanics
USDe v Other stables
Investors
Commonly asked Questions
Wen Token? Airdrop farming
Bull Case
Bear Case
3/ Lets start with the issues we have with stables today

- Fiat backing - Like USDT/USDC
- Not resistent to inflation - Most stables
- Centralisation
- The ones that earn yield are TradFi dependent - Like DAI and FRAX
- Lack of governance
- Peg issues (CDP stables)
- Low yields Image
Read 17 tweets
Nov 13, 2023
Trader Joe pools currently offer massive triple digit yields.

Lets learn about @TraderJoe_xyz liquidity book and how can you benefit! Image
2/ Trader Joe like Uniswap offer concentrated liquidity with the constant sum formula rather than constant product, so that users can define the specific price ranges they want their liquidity to be active within + have zero slippage!

TJ have many other features, lets explore! Image
3/ One of these is its liquidity book which enables zero slippage trades. This is all due to a feature known as liquidity bins.

These are domains of liquidity within a price range that you can customise to your choosing. Image
Read 15 tweets
Oct 29, 2023
Maker DAO v FRAX

Both RWAs, lets compare the two DeFi giants

Which is the best, @MakerDAO or @fraxfinance? Image
2/ What we will cover in this thread:

What are DAI and FRAX?
Backing
Yields + Source
Revenue
Future
FXS v MKR
My Personal Thoughts
3/ Maker and Frax are 2 of the leaders in the DeFi space.

What do they even offer?

Maker offer the $DAI stable coin, an overcollateralised decentralised stable coin.
Frax offer the $FRAX stable coin, a decentralised stale coin + a range of financial products built around it
Read 12 tweets
Aug 19, 2023
Crypto Narratives and trends emerge from Primitives. Spot them early, and you could end up making life changing gains.

@hmalviya9 and I went all in, investing over 100 hours of research, to hook you up with the ultimate list of the top 15 DeFi primitives, with examples. Image
1. Ethereum Re-staking

Ethereum Restaking is the hottest DeFi primitive of this year. It offers crypto-economic security to middleware services and new chains by harnessing the staked supply of Ethereum.
This is achieved through allowing validators to restake within a set of smart contracts referred to as restaking contracts. Validators can earn additional rewards by restaking their ETH to support those in need of bootstrapping economic security.
Read 63 tweets

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