The recently launched Zeromev by @pmcgoohanCrypto has shed light on the dark forest of #MEV.

#MEV had been harmful to us, crypto users. Here's what you need to know about the impact of MEV and how to avoid it.

A thread🧵

1/10

https://twitter.com/pmcgoohanCrypto/status/1541788362931060739

Let's look into the most occurred MEV on Zeromev: Sandwich attack.

What happened here:
1. A victim's tx (swapping $ETH for $USDC) was sandwiched and received a worse swap rate
2. An attacker net a profit from frontrun (sell $ETH at high price) and backrun (buy $ETH at low)

2/10

The current #BEAR market hits hard. I've listed out some strategies you can do to earn juicy APRs.

Disclaimer: Farming strategies can be on different chains. You may need to bridge your asset.

The strategies do not come without risks. Please DYOR!!!

Let's start. 🧵

1/ Strategy 1 : Stablecoin Farming

Stablecoin pools like @CurveFinance normally offer low-risk stable income but earn little APY. However, @defi_sunio provides farmers with a whopping 30%+ APY on their stableswap pools.

sun.io/#/stake?search…

2/

Regards to the current potential crisis $stETH - $ETH can lead to, here's an ELI5 on what's happening

🧵 1/ For context, $stETH is a token that represents a share of staked $ETH on @LidoFinance to earn 3.6% APR.

1 $stETH (theoretically) == 1 $ETH.

$stETH is only redeemable for staked $ETH after the ETH2.0 merge.