Octoshi.eth Profile picture
Jun 13 β€’ 11 tweets β€’ 5 min read β€’ Read on X
My current stablecoin farms πŸ§‘β€πŸŒΎ

I'm earning $260,000 per month with my farms, something crazy to me 7 years ago when I started in crypto from $0, but that's another story..

This is what I'm farming πŸ‘‡ Image
This is my current allocation and expected APR for each farm, many of these numbers are speculative, based on the possible prices of the points I am farming

Average APR: 45% πŸ™ Image
First, we have @PlasmaFDN, a stablecoin blockchain (Tether beta) that reached its $1b cap in just a few minutes

Here we are farming allocation to purchase the token at $500m FDV

Based on my expectations (90 days, $1.5b TVL, and $2b FDV), the APR will be 40%

Im top 37 here πŸ§‘β€πŸŒΎ Image
In second place, we have @OpenEden_X , one of the fastest-growing stablecoins currently, related to RWA and backed by Binance

Here I'm farming points with leverage. I expect an APR of 62% for my leveraged position

Im top 8 here πŸ™

Boost link: portal.openeden.com/bills-campaign…Image
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You can calculate the expected value per point on this @Sumcap dashboard



Note: It is advisable to divide the expected value per point by 2, since they are based on an average of 5 points, which has become outdated

I expect around $0.00003 per point sumcap.xyz/points/openedenImage
Next one is @ResolvLabs, the octopus' favorite delta-neutral stablecoin

Here I'm leveraging $RLP. Considering the rates over the last 7 days, I'm earning 36% in real yield here, and I expect at least an additional 10% from S2 points

Boost link: app.resolv.xyz/ref/octoshiImage
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Let's continue with @neutrl_labs, a protocol that hasn't launched yet, but that offered a private deal with different options, where I decided to lock my capital for 12 months for a fixed 30% APR

I won't be able to leverage in DeFi, but 30% is very good for passive farm Image
The next thing I'm farming is Optimism Superstack, taking advantage of the pools with the highest multipliers currently. The APR is quite speculative, but the good thing is that it's liquid and very low risk

I'm hoping for a 20% APR, but we'll see when it ends in 17 days Image
Let's continue with @usualmoney , where I'm earning 60% APR

I don't recommend it right now, as USD0++ could drop in 5 days, due to people who had requisites for the airdrop (like me)

Perhaps after these people leave, it could be a good opportunity if the USD0++ price is good Image
And finally, we have @StreamDefi, by depositing, we let professionals like @0xlawlol farm in defi for us

I'm leveraging farming on @eulerfinance, and with my expectations of 10% real yield + 5% points (and current rates) I'm getting an APR of 38% Image
This thread took me longer than expected, so if you find it useful or interesting, let me know by sharing it β€οΈπŸ™

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More from @0ctoshi

Apr 2
STABLECOINS FARMS πŸ§‘β€πŸŒΎ

Stablecoins are a big part of my portfolio, below I'll show you what I'm farming πŸ‘‡ Image
I'm currently on 10 different farms, I don't usually have that many and it's not the most advisable.

It is better to concentrate the size on the farms that we consider to have the best R/R Image
The first one is @origami_fi USDC Boyco Vault

This one is no longer accessible. It was one of the pre-deposit vaults on @berachain / @roycoprotocol

Currently, the APR is 33% (13% on $BERA + 20% on $KAMI tokens at a conservative valuation of $35M) Image
Read 13 tweets
Oct 31, 2024
The $DETH situation is not only affecting @DuoExchange, but also the entire @blast ecosystem, let me explain why.. Image
On 10/10/24 @ContinueFund/@xhlin's wallet was phished, losing 15k $DETH, which was immediately market sold, bringing the price of $DETH to almost zero.

When a user deposits ETH into @DuoExchange, they receive $DETH in a 1:1 ratio, and when the user decides to close their position, they will need to burn those $DETH.

@ContinueFund will have to buy back the stolen $DETH to close their positions. Image
Read 10 tweets
Jun 19, 2023
Crypto Influencer Portfolios 2

Want to know what your favorite crypto influencer is holding? This is possible thanks to on-chain analysisπŸ‘‡ Image
In some cases, the data could only be a small part of the influencer's total portfolio, if you want to see the previous episode of this series, here it is:

1: @CryptoHayes

I checked 2 of his wallets, which total $27M.

He hasn't been active recently, his only recent move is a purchase of $GMX. Image
Read 13 tweets
Jun 2, 2023
Finding protocols in their early phase can be a very profitable activity, these are the 16 protocols that I am currently following.

None of these protocols have a token, and they are ordered from most to least known. Image
1: @raft_fi

Raf allows people to generate R (a USD stablecoin) by depositing stETH.

You can get up to 11x leverage on stETH. Higher leverage, cheaper than any other protocol. Image
2: @Panoptic_xyz

The perpetual, oracle-free options protocol, built on top of Uniswap V3, it allows options for any token and the team is very smart.
Read 18 tweets
Apr 26, 2023
Crypto Influencer Portfolios

Want to know what your favorite crypto influencer is holding? This is possible thanks to on-chain analysis. Image
Clarifications:

I wasn't sure whether to make this thread, because some wallets are private, but I did it in such a way that they don't lose their privacy.

The data is what I could find on-chain, in some cases it will be the total portfolio, in others, only a small part.
1: @AndreCronjeTech

It's probably only a small part of his portfolio, he bought more $PENDLE in the last drop. Image
Read 13 tweets
Apr 18, 2023
The art of yield farming

This is a guide to the different tools I use to detect good farms, different tips on good habits, risk management, and protocols to avoid. Image
I always have my ETH, BTC and stablecoins working, There are different types of farmers, I consider myself quite conservative.

Earning 5%-20% APR doesn't sound like much, but if farmed correctly it makes a big difference in the long run, thanks to the power of compound interest. Image
Precautions and risk management:

I personally avoid providing liquidity on bridges or new chains (look what happened with Nomad). I also avoid new projects (that are not forks), especially those that allow multi-chain loans or things like that, bec they have more potential risks Image
Read 13 tweets

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