0xGrecko

DeFi for D̶e̶g̶e̶n̶s̶ Dummies |
BTC since 2012, DeFi in 2022 |
I demystify DeFi so you can get alpha

[0xGrecko @0xGrecko]

BTW, I sold all of my UST here:

[0xGrecko @0xGrecko]

@cryptocevo Lost nothing on $LUNA but bought 2 UST worth while it was at 0.00001 expecting some day it would be worth it.

Got $1800 worth of New Luna for those 2 UST now :)

[0xGrecko @0xGrecko]

Nice overview of different options for locking your $CRV from @CFrogE1

[MoonFrog || $CRV Booster || ve(👑,👑) @CFrogE1]

Choose your Lock wisely. 🐸😉
$veCRV - Curve DAO original Locker, lock for 1 week to 4 years. Gives you maximum voting power if locked for 4 years. Linearly degrades voting power over time. $CRV is released when 4 years expire.

[0xGrecko @0xGrecko]

@cryptouf @beefyfinance @0xavarek @MIM_Spell @cryptorisksteam @WormholeOracle @dopex_io @OndoFinance @telcoin_team @justinsuntron @hasufl @CurveCap @VotiumProtocol @DefiMoon @CFrogE1 Thanks for the shout-out!

[0xGrecko @0xGrecko]

(2/2)
- $/vlCVX at $0.13, down 65% from $0.38 last round.

Expect the $1.64 per $1 on bribes ratio to move closer to $1 over the next weeks.

So theoretically bribes per $vlCVX could go up from $0.13 to $0.21 assuming similar price.

But likely CVX price will go up in meantime.

[0xGrecko @0xGrecko]

(1/2) $vlCVX bribes on Votium closed with big changes after last week:

- No more UST bribes so profitability has taken a short-term hit
- Frax still bribing and making a killing, will get ~50% of veCRV
- $1.64 of value per $1 on bribes -> protocols are leaving money on the table

[0xGrecko @0xGrecko]

@CryptoHarry_ If you still think that’s crazy, maybe better to take a break from crypto Harry…

[0xGrecko @0xGrecko]

@WestieCapital @pedroexplore1 Yup, was probably part of the deal from the start.

[0xGrecko @0xGrecko]

@DefiMoon Think it's good for people to remember this is not the same as the UST losing it's 1:1 peg, even if Aave liquidations start happening there is no reflexive loop that Terra and UST had.

[0xGrecko @0xGrecko]

@WestieCapital CZ just washing his hands here and distancing himself from the Ponzi.

[0xGrecko @0xGrecko]

@retrogrademoney @reactor_money Feels like walking through an abandoned post-nuclear apocalypse city...

[0xGrecko @0xGrecko]

@retrogrademoney , @reactor_money raising money through lockdrops of $Astro only 4 days ago...

Feels like ancient history...

[Vortex Protocol @VortexProtocol]

New Milestone Achieved - 20M $xASTRO

This represents ~60% of all DAO owned $xASTRO

[0xGrecko @0xGrecko]

@USTmarketcap Don’t buy UST, it will go to 0:

https://t.co/w80N48vCdj

[0xGrecko @0xGrecko]

People trying to 'buy the dip' getting rekt. 😬

Normally with other shitcoins that dump and you can trade the bounces up and make good money.

With Luna's reflexive mechanics it doesn't work like that though: 👇

[0xGrecko @0xGrecko]

@thedefiedge This is why you got those followers man. Great, honest writing. Congrats.

[0xGrecko @0xGrecko]

@AnonymHodler Sorry to hear!

[0xGrecko @0xGrecko]

People trying to 'buy the dip' getting rekt. 😬

Normally with other shitcoins that dump and you can trade the bounces up and make good money.

With Luna's reflexive mechanics it doesn't work like that though: 👇

[0xGrecko @0xGrecko]

@AnonymHodler That was the theory yes, but the big, flawed assumption is that Luna will always be worth something.

It won't be worth anything very soon so no way to redeem UST anymore then which will mean it will go to 0 too.

[0xGrecko @0xGrecko]

@PrrplFrog @stablekwon 2 cents? 🤔

Worth more than Luna will ever be again:

https://t.co/srwws17XHd

[0xGrecko @0xGrecko]

People trying to 'buy the dip' getting rekt. 😬

Normally with other shitcoins that dump and you can trade the bounces up and make good money.

With Luna's reflexive mechanics it doesn't work like that though: 👇

[0xGrecko @0xGrecko]

@CryptoHarry_ Dude, you're incredible. You really fucked peoples lives up and keep doing it...

Buying dip = getting rekt

https://t.co/srwws17XHd

[0xGrecko @0xGrecko]

People trying to 'buy the dip' getting rekt. 😬

Normally with other shitcoins that dump and you can trade the bounces up and make good money.

With Luna's reflexive mechanics it doesn't work like that though: 👇

[0xGrecko @0xGrecko]

@richard53378670 @terra_money Terra is not like normal shitcoins, its reflexive mechanism with UST makes it different. And it will go to 0

[0xGrecko @0xGrecko]

Found a hidden gem coin. Just entered the top 100, up 114% in the last hour.

Somebody know if the team is any good?

[0xGrecko @0xGrecko]

@nateliason Yeah not sure people will understand the sarcasm here.

People, beware of doing this. Everybody who bought Luna over the last days really thought this and got rekt:

https://t.co/srwws17XHd

[0xGrecko @0xGrecko]

People trying to 'buy the dip' getting rekt. 😬

Normally with other shitcoins that dump and you can trade the bounces up and make good money.

With Luna's reflexive mechanics it doesn't work like that though: 👇