@ErikVoorhees
@GaryGensler
Please Gary protect me from 12% yield on stables when the average savings account in the US is 0.06% and I’ve been pushed far out on the risk spectrum!! SOS!
Looking to grow your ETH faster?
afETH earns double digit yield for users...none of which comes from printing a worthless governance token. We need more of this real yield in DeFi.
Grow your ETH bags faster with Asymmetry.
Announcing the Asymmetry flagship, afETH.
With double digit real yield powered by
@fraxfinance
,
@ConvexFinance
and a sprinkle of
@eigenlayer
. This is Liquid Staking, Supercharged.
Coming February 20th.
Launch and airdrop details inside... 🧵
Feeling so grateful and lucky that crypto gave me a career I’m genuinely passionate about, fulfilled by, and allows me to be challenged daily, learning endlessly, and surrounded by genuine people.
It’s so not about the money. It’s about the growth, life fulfillment, and frens.
Native
#bitcoin
as collateral.
No liquidation risk
No interest
No permission
If skeptical (always be skeptical), try it with small amount to see how it works.
You can access Thorchain lending at , no account needed ♥️
What is the largest threat to Ethereum and crypto as we know it?
One of the greatest innovations of the space has become one of its greatest risks : Liquid Staking Derivatives.
But there is a solution.
A thread👇👇👇
When it comes to
#interoperability
, bridges — with all their issues — are fast becoming obsolete. 🚷
Fortunately, there are better ways to perform cross-chain transfers! ⚡️
See what we mean below.👇
Here’s a guide to crypto that I threw together for beginners.
By no means totally complete, but it has a ton of resources I’ve vetted and can help you dive into the rabbit hole!
I got my grandma set up earning 10% on her stablecoins
I got my mom set up earning 6% + asset appreciation on her ETH by running a 2.0 Validator Node (while retaining her private keys)
I’m so proud of them🥺🥺
wagmi fam, wagmi
~26 days entry queue for ETH staking now
Lido withdrawals enabled in circa 3 hours, will be interesting to see how it all shakes up.
Expect frxETH to keep gaining on the top 3 due to it's superior APY
This trend is likely to continue, but it’s important to diversify the liquid staked ETH market away from Lido dominance (Lido controls 38% of all ETH validators!!!)
ETH staking should be diversified through protocols like
@asymmetryfin
I always opt for public transit.
1 year in South America.
6 months in Central America.
5 months in SE Asia.
& I have never felt as much fear on a any public transit ride as I just did on the first bus I took in San Fran.
The mental health crisis in the US is a major problem.
1/ So what will trigger an irreversible, catastrophic depegging event for UST?
If LUNA drops 6% further to $53.64, it’s market cap falls below that of UST’s. Then LFG liquidates their 40,000 BTC in an effort to maintain the peg.
Then what?
Where to stake your ETH? Asymmetry has the cheapest gas on the market, while at the same time giving you exposure to the widest validator set of any LST.
Healthy for the ecosystem and saving you money, a win-win.
safETH now has the cheapest gas fees to stake your ETH anywhere.
And you get exposure to 6 LST's instead of just one, in one click.
It's 32% cheaper than staking in Lido.
Don't believe me? Proof below...
Staking 0.1 ETH in
@asymmetryfin
(left) vs 0.1 ETH in Lido (right) just
Optimizing for financial capital is silly.
Optimize for relationships (with others AND yourself), freedom + new experiences, social capital, technical capital, and a sense of purpose.
You’ll never regret investing in the latter areas. You may regret investing in the former.
Why is PayPal’s stabletoken bullish for all of Ethereum?
Last month, Ethereum users peaked at 556,000 active addresses.
PayPal has 435 million users —782x more than Ethereum.
If PayPals ERC20 stabletoken onboards only 1% users, we’ll see an 8x in DeFi users from current peak.