i like that @mezzanine_fi gives us a reason to discuss the risk behind the apy too
and the start looks strong: according to the team update, the hastra optimizer added $2m in 5 days, reaching $5.59m
rates at the time of the update:
• senior — 13.7% apy
• junior — 32.3% apy
credit to the team for making a complex strategy more accessible
you don’t have to build positions and manage borrowing yourself and you can choose your risk level
senior earns less but has a buffer from junior capital
junior earns more because it takes losses first
to me that’s a thoughtful product
not everyone wants the highest yield, and it’s good that the team accounted for that
personally, i’d look at senior first
13.7% apy with an extra buffer interests me more than a higher rate that comes with taking the first losses
of course, the buffer has limits and rates change
but that clear choice between yield and risk is what keeps me following mezzanine
which strategy would you choose senior or junior?
🤝 Paid partnership
ethereum holds 9x more stablecoins than solana
so why is solana doing nearly 70% of its weekly dex volume?
the comparison gets interesting when you look beyond tvl ↓
@ethereum
→ $136.6b in stablecoins
→ around $43b in defi
→ $15.15b in weekly dex volume
@solana
→ $14.8b in stablecoins
→ around $5.3b in defi
→ $10.23b in weekly dex volume
ethereum lead in capital is huge
but the gap in trading activity is much smaller
these figures cover the base chains,without adding ethereum l2s
volume also doesn’t tell us how many real users are behind those trades
i rate ethereum for the capital its ecosystem attracts
and solana for the trading activity it supports with much less tvl
both give me a reason to pay attention
in crypto it’s easy to feel like you’re always missing something
a new project, a new narrative, a new opportunity
while you’re still trying to figure out the last one
i’m learning not to chase everything at once
better to understand a few things properly than be half involved in everything
13
27
418












