Derek Russo (@derek_russo) header
Derek Russo (@derek_russo) profile picture

stablecoin renaissance @reservoir_xyz

Joined March 2010
probably something @reservoir_xyz
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One thousand United States military backed dollars deposited into all American newborn accounts S&P 500 at all time highs United States World Cup match tomorrow How can you not be bullish?
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Setting your annual goals on July 4th instead of January 1st is the most American thing you can do.
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These are negative aura. Send $SNAP to zero
Evan Spiegel showing off the new Specs AR glasses to the public for the first time.
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Are you paying attention now?
Reservoir is one of the few protocols earning revenue and doing token purchases. We keep cooking. Choose Reservoir.
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You don't get it? Reservoir is one of the few stablecoin protocols generating revenues and doing token purchases. And you still don't get it?
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I ain’t reading all that. Just use @reservoir_xyz
Dear Community, - One month ago, PiggyBank got into a new position for $100k (~2% of the portfolio at the time), as part of the strategy’s scope of deploying into mid-cap basis trades. - The strategy involved purchasing locked $LAB tokens at a significant discount through a Tier-1 OTC desk and hedging that exposure through perpetual shorts. During the holding period, $LAB experienced violent manipulation, including chaotic price movements on thin liquidity, and deeply negative funding rates. - Maintaining the hedge became economically irrational and would have caused us to cross our risk thresholds. We therefore decided to close our short to cap the downside. - In accounting terms, the total value of our $LAB locked position is $1.35m at current prices. However, due to the illiquid nature of this position, Piggybank is excluding it from the NAV until the first unlock on August 14. Even though this is an evolving situation that could still generate substantial returns, this is the fairest and most transparent way to let users manage their liquidity. - Accordingly, today’s NAV will show a ~15% drawdown on the USDC vault, ~12% on SPYx and ~9% on JitoSOL. - A detailed report will be published next week with next steps.
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Borrowing size with @reservoir_xyz on @Morpho is made easy. Over 125M borrowed.
Finally someone said it. @dcfgod and we have been saying this for years. DeFi borrowing is brutal at SIZE. Curators squeeze borrowers. Onchain rates stay crushed. ( As we stop play that game) Far better to get leverage through @HyperliquidX perps where @chameleon_jeff is not countertrading you in your sleep. Not all DeFi yield is created equal. That is the problem @LucaProsperi and @adcv_ just nailed on @theempirepod. The solution is agents. Trading. On Hyperliquid. Through our audited coreWriters already live in our strategies.
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Reservoir has the easiest / most transparent reserves and scalable stablecoin protocol in defi. It’s no coincidence we continue to build and ship with top tier teams across the ecosystem. So much higher.
Introducing the first USD1 vault on @Morpho Powered by Reservoir, @worldlibertyfi, @SteakhouseFi and @monad We are thrilled to announce the first Morpho vault for USD1 with collateralization facilitated by Reservoir. Curated by Steakhouse Live on Monad Starting today, users can bridge USD1 to Monad via @LayerZero_Core and deposit into the vault. app.morpho.org/monad/vault/0… Another use case now live for LibertyVoir 🦅
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Just use Reservoir
Reservoir over 200m TVL, we are so back (we never left) Choose Reservoir and find the best yield opportunities below app.reservoir.xyz/yield
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Derek Russo retweeted
Reservoir has added the most TVL over the last 30 days across all yield bearing stablecoins with a TVL over 100M. When you choose Reservoir you get cheap borrow rates, pristine underlying collateral, and new cross chain opportunities. Let the DAM flow.
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With Reservoir you got options Borrow at low rates Loop for high yields Deposit into the eco vault for easy liquid high yield Not to mention minting and redeeming 1:1 with no surprises. These are just a few of the major advantages of using Reservoir and why you should choose Reservoir
Reservoir is the most efficient stablecoin in DeFi - Highest yield for looping on @ipor_io - Cheapest borrow rate on @Morpho - 1:1 minting and redeeming Choose Reservoir and you get the highest yields, cheapest borrow, and no slippage.
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Reservoir has the best stablecoin infrastructure for users. Consistent above market unlevered yields Liquid minting and redeeming Available across multiple chains Are you paying attention?
We said we weren't leaving. Reservoir TVL back above 100M, up ~600% over the last 30 days. Onward we go, choose Reservoir
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we vibe code companies' products into features built diff
Before you ask AI another dumb coding question… watch this.
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Are you paying attention now?
Another week, another top spot in TVL gained. Reservoir has the highest yield in the list, consistently beating the market for our users. There are no coincidences. Choose the Reservoir.
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Normies always be like: hOw iS rEsErVoiR yiELd sO HigH?? Us: We actually have the best risk management processes and ability to allocate into onchain yield while other stablecoin protocols are focused on the wrong things. Choose Reservoir and we will continue to deliver you high, safe yields.
Over the last 30 days, Reservoir has produced the highest, liquid, no lock up, yield bearing stablecoin in DeFi - and it's not even close. Users also earn points, rewards and the value always flows back to the users. Choose Reservoir for high liquid yield backed by products on @Morpho, @eulerfinance, @0xfluid, @aave, and @pendle_fi
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How can you not be bullish Reservoir Consistently high yields Liquid redemptions Always 1:1 for redemptions Backed by blue chip collaterals Primed for institutional lending
Over the last 30 days, Reservoir has produced the highest, liquid, no lock up, yield bearing stablecoin in DeFi - and it's not even close. Users also earn points, rewards and the value always flows back to the users. Choose Reservoir for high liquid yield backed by products on @Morpho, @eulerfinance, @0xfluid, @aave, and @pendle_fi
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