DeFi Maxi | Doggy Dad Fmr: @instadapp 💭 All Opinions Are My Own
United States
Joined June 2018
- Tweets2.7K
- Following779
- Followers1K
- Likes4.7K
Twitter is dying I might delete soon.
All my latest followers are BOTs, tons of accounts I see are also BOTs and the real content is getting flooded by a lot of really lazy content.
I feel I'm getting almost nothing out of Twitter these days, no good finds, no great stories
Seb the last DeFi-Degen retweeted
Happy birthday to Ethereum! 🥳
💥 10 years
🔥 100% uptime
🥇 1 in client diversity
🏆 1 in TVL
🧑💻 1 in number of ecosystem devs
Here's to another 10 great years 🦾
Seb the last DeFi-Degen retweeted
Never seen a protocol make it this easy to run a liquidation bot as @0xfluid
They expose all active liquidation opportunities via a single method in the periphery resolver contract called getAllVaultsLiquidation()
To identify liquidations all you gotta do is poll this method
Seb the last DeFi-Degen retweeted
fluid added $30m in smart debt capacity and it got filled instantly
that debt is doing over $100m in daily trading volume - subsidizing debt costs of borrowers
smart debt means fluid has structurally lower borrowing costs than any other lending protocol while also offering higher rates for lenders
demand for smart debt is unlimited and they are going to continue to ramp it up over the next weeks
imo there’s no better stablecoin play than fluid
any stablecoin issuer will want to have similar pools
who wouldn’t want to pay less for their liquidity?
The problem with A.I currently is that it feels really impressive until its not. . . and it starts to fail miserably
Sometimes the time saved doesn't justify the mess it can create (which it cannot clearly explain how it got there in the first place)
Seb the last DeFi-Degen retweeted
re $FLUID fud:
what you see right now are scared incumbents jubilating at the first opportunity to discredit their strongest competitor who has completely disrupted them
a few clarifications:
1) the ETH - USDC pool is around 20% of Fluid's DEX volume. stableswap pools have taken off massively, they make collateral on Fluid more productive and discount debt of borrowers. No one can compete with this offering.
2) Fluid has just passed $2b in TVL for this reason, $900m in active loans
3) yes the ETH-USDC (the only volatile) pool hasn't performed well - as well all know, concentrated liquidity amplifies IL and on leverage this is exacerbated even further
in DEX v1 the range is chosen for LP's and rebalanced automatically and given the crazy price volatility in last 3 months, LP's haven't been profitable
DEX v2 will let users choose their own range and come with other improvements to make volatile pairs on Fluid a long lasting success
but the TLDR; is that even if there wasn't a V2 and Fluid would scrap the only volatile pair pool it would still be completely fine and eclipse the volumes of its fuming competitors
happy for the fud though - i'll buy more 🍿
Seb the last DeFi-Degen retweeted
coffee cup #2 is the real productivity hack no one is telling you about:
- the first cup of coffee is to warm up your brain.
- the second is when things actually start to happen.
Seb the last DeFi-Degen retweeted
Happy #Pi Day! 🥧
Introducing Pye: Bond markets for validators & stakers on Solana.
🔒Validators, can offer better rates for longer-term lock-ins.
🥩Stakers, can use staking deposits across Solana's DeFi ecosystem:
- Lending protocols
- Restaking
- Yield forwarding
- Fixed-yield
- Stablecoin collateral
Read more:
medium.com/@pyefi/pye-market…
Seb the last DeFi-Degen retweeted
We have officially been accepted into the @HeliusLabs Startup Launchpad! xitter.cf/heliuslabs
Pye.fi is building bond markets for validators and stakers, enabling validators to offer better rates for long-term lock-ins on @solana.
Let's accelerate!
Seb the last DeFi-Degen retweeted
How peeps be Vibe Coding the @levelsio flight simulator.
DeFi Legos on Solana, LFG!!!!!
Shinchan spotted another @pendle_fi like yield trading protocol on @solana that is called @pyefinance.
- Won @Colosseum defi hackathon
- protocol yet to go live
- early access application is currently open
- Alpha: saw there'll be points program soon
Here's a few differences between @RateX_Dex + @pyefinance you might want to know.
(1) Trading mechanism + yield tokenization mechanism
Pye uses orderbook trading + jupiter router for liquidity aggregation; RateX built its own custom AMM optimizied for YT trading (with a Uni V3 + time-decay model). Also Pye focuses on liquid staking bonds splitting staked SOL into principal SOL redeemable at maturity + ySOL as the traded staking rewards; RateX uses a unified framework instead that standardized all type of yield-bearing assets.
(2) Yield trading strategies
RateX gives more diversities for traders to speculate on yield changes as they offer leveraged yield trading; pye is more on structured staking yield
(3) Use cases beyond yield trading
As per Pye's documentation it will allow pSOL to be used as collateral + they have plans for restaking pSOL in protocols like @jito. If you are a passive yield farmer looking for collateralization + restaking atop yield trading, Pye might be a better option.
Join the @pyefinance Discord I'll be making it cozy and homely for you 🤗🏠
Plus where else are you gonna get your alpha 🔥
We have something spectacular coming for the Solana community.
We're going to unleash liquidity for all staked SOL no matter the validator or stake size.
Join us on the Pye Finance Discord:
discord.gg/b2hHaW95yM
Whoa Lyn Aldens account was hacked and included an AI generated video of her promoting a scam coin 😮 scary stuff
