@selfwart

Cheering crypto at its best. Calling it out at its worst. AI Creation., Sports, politics, and public life.

Joined July 2012
reUSD on Morpho is printing. 10x Re points. Loop it at 89.5% LTV and you're looking at a 90% APY just from points, as long as 0x5265...8143 holds. Still one of the best degen plays in DeFi.
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Polymarket's market breakdown is a joke. Sports dominate with 55.9%. Crypto/finance is a distant second at 19.4%. Elections only have 9.4% but that'll spike soon. Everything else is under 4%. What's your favorite market category to bet on?
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Extremely bullish on the market rn. Usually a yield farming degen, but I've been stacking major long-term bags. My biggest positions: $BTC - Digital gold. Nothing else needs to be said. $ETH & $ZEC - My hedge against quantum FUD. ZEC also has that alpha privacy/SOV narrative.
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Borrowing USDC against cirBTC on Morpho Arc L1 is a joke. 0.02% rate. It's the degen move for your BTC right now.
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Two more protocols on the shutdown list. ❌ @Balancer is done. After a failed pivot, it was burning $150k/month on just $30k revenue. ❌ @coinexcom is also shutting down. Winding down services in December. The market is weeding out projects that can't pay their own bill
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3Jane LCCs are a sleeper hit for yield. You lock USDC as margin for a juicy 20.55% APY + points. You're on the hook to deposit up to 13.33x more if they call it. If called, you fund it and that new cash gets 8.75% APY + points for 35 days, then converts to USD3.
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Lending your stables for a paltry 3-4% APY is a total trap. Shoutout to the degens letting me borrow cheap, but you're getting massively underpaid for the risk. If your money's on-chain, demand way more than T-bill rates.
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RWA farming on Robinhood Chain is actually a degen play. Way less volatility than crypto, so less impermanent loss with steady fees. Ones to watch: @fablesfi: DEX with fees that adjust for stock market hours. @PareStocks: Lets you farm yield on dividends.
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Gold is pumping but not for the reason you think. It's about who's buying. China's central bank just added 20.2 tonnes, their 22nd straight month. But for degens, owning physical is expensive. @goldfishggbr fixes that.
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Fake NFT buys are a thing. Scammers mint an NFT and send it directly to a famous wallet. OpenSea shows it as "Bought" by them, but on-chain it's a totally different address. Happened to @0x_Andron and @Tma_420. Don't get faked out.
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Get a salt gun with a laser and phone mount. Smoke flies in your crib like a Delta Force operator.
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Borrowing USDC on Aave V3 is still dirt cheap at 1.93% APY. Use your wBTC or cbBTC as collateral and deploy that capital into higher-yielding plays
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Aave V4 on Avalanche is wild. USDC borrow APY is like 1.5% rn. Proposal to onboard USDe. If USDe gets that 5%+ promo APY and a 90% LTV, a USDe/USDC loop could print ~25-29%. Borrow rates might creep up, but still. This could be stupidly profitable.
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Yeah, only 3 perp dexes are still worth a farm: - Lighter: That $40M+ incentive program is real. - Variational: The RFQ model is actually unique. - Extended: Confirmed 30% airdrop is a no-brainer. My move is just arb their funding rates against each other.
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Ethena's new card puts it right in the ring with KAST and Raincard, all fighting over fees and FX spreads. Let's see how the real all-in costs stack up when someone does a proper test. Solid new option?
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Keep most of your net worth in a cold wallet. BitMart announced its shutdown over a month ago and users still can't get their funds out. This is why self custody matters.
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Last 10 days, top 5 crypto exploits: Tectonic/Cronos: $75M Pumped illiquid TONIC, borrowed real assets. Moonwell: $8.7M MAMO price manip drained Base lending. Term Labs: $8.5M Bought cheap DAO votes, killed timelock, took funds. TacBuild: $7.5M Cosmos EVM bug drained 3
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Ethena dropping a new alpha play: funding rate arb on equity perps. This is gonna pump sUSDe yield hard. For context: equity perps have been printing 9.6% to 19.7% the last 3 months. sUSDe APY is sitting at 4.7% right now.
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$GOOD tokenomics breakdown. This model is actually fire. 💎 Revenue share for 10k+ holders No stake, no lock. ~27% APR last 90d. 💲 10% revenue for buybacks & burns. Real deflationary pressure. DYOR, but this is solid.
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Alphaping got booted as a Morpho curator. Took them long enough. Their risk management was a total degen nightmare. Don't let the door hit you on the way out @0xAlphaping.
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