Oranges 🦇🔊

BD Lead @Alchemixfi 🔮⚗️

Prev BD @VenusProtocol | @Geode_finance

ETH Enjoyoor
COIN Hodler 🛡️

[Alchemix @AlchemixFi]

For the first time in Alchemix history, alAssets are becoming fully composable.

We're hyped to announce a partnership with @ChronicleLabs to launch dedicated oracles for each of our synthetic assets.

What does this mean for alAssets? 🧵

[Oranges 🦇🔊 @0xOranges]

There is always a silver lining to every crash.

V3 yields are up!

[Oranges 🦇🔊 @0xOranges]

@TrustlessState You have changed.

[Oranges 🦇🔊 @0xOranges]

@jeffthedunker Praying for you ser 🙏, I also have options 🫡

[Oranges 🦇🔊 @0xOranges]

@0x_Markets 9% is pretty solid on ETH.

Were working to increase the MYT yield.

[Oranges 🦇🔊 @0xOranges]

I vibe coded a quick calculator on this - I'm getting 10.91% APY on your ETH assuming this LP yield holds for 1 year.

Not bad..

[Alchemix @AlchemixFi]

alETH/frxETH on @StakeDAOHQ is yielding 9.5%.

Yield-on-yield play (NFA)

1 - Deposit ETH into Mainnet MYT: ~3% on your full deposit (deleveraging over time).
2 - Borrow alETH at 90% LTV.
3 - Deposit into alETH/frxETH pool: ~9.5% on 90% of your deposit.

https://t.co/WsSep3LoVk

[Oranges 🦇🔊 @0xOranges]

@logipunk @AlchemixFi Beefy deposits into convex and compounds the rewards into the position.

StakeDAO has a better veCRV boost than convex but it doesn't auto compound (you claim your rewards)

[Oranges 🦇🔊 @0xOranges]

@Ov3rKoalafied

[Alchemix @AlchemixFi]

alETH/frxETH on @StakeDAOHQ is yielding 9.5%.

Yield-on-yield play (NFA)

1 - Deposit ETH into Mainnet MYT: ~3% on your full deposit (deleveraging over time).
2 - Borrow alETH at 90% LTV.
3 - Deposit into alETH/frxETH pool: ~9.5% on 90% of your deposit.

https://t.co/WsSep3LoVk

[Marc Zeller @Marczeller]

It's been a while since global sentiment towards crypto has been that bad.

I said this many times, we're not in 2021/22 end of cycle because this time no SBF/Celsius/Luna. We're in 2018, a slowand lingering despair of "we're not cool anymore" mostly solely due to price not going up.

Back then, when the tourists left, the builders delivered MakerDAO, Compound, SNX, EthLend (Aave) and more with mostly apathetic reception.

It's an exciting time to focus and deliver even if the market will be ungrateful for a while.

[Oranges 🦇🔊 @0xOranges]

The main considerations would be:

- Lower LTV vs ETH or USDC
- Transmute time when using the fixed yield product.

[Oranges 🦇🔊 @0xOranges]

alAssets (alETH & alUSD) could be a very strong form of collateral and replace ETH/USDC in some cases:

-110%+ backed by ETH and USDC
- Trades between a 1-3% discount
- Use Alchemix's fixed yield product to redeem for ETH/USDC 1 for 1 which likely pays off most of your interest.

[Stani @StaniKulechov]

rsETH is now fully restored.

[Oranges 🦇🔊 @0xOranges]

@VitalikButerin @econoar @ethereumfndn @aerugoettinea 🫡

[Oranges 🦇🔊 @0xOranges]

Amazing how 1 tweet can destroy sentiment overnight.

Very interested to see what the Bankless viewership stats look like in 12 months.

[Oranges 🦇🔊 @0xOranges]

@SAMALTCOIN_ETH What a champ.

[Thomas (Tom) Lee (not drummer) FundstratDirect.com @fundstrat]

Agree with @RyanSAdams that a deep bench of leaders and developers are ready to ensure $ETH remains the future settlement layer of finance and AI

- to me, much of bearish sentiment reflects the disdain and despair seen at the nadir of crypto winter (finger pointing at the lows)

Blockchain is arguably the only way agentic AI interacts in commerce. And blockchain vastly improves the profit profile of the financial system

$ETH @BitMNR
$BMNR

[Alchemix @AlchemixFi]

Learn how to deposit into a Mix-Yield Token in 60 seconds.

The MYT wraps a curated set of DeFi strategies into a single token, giving you diversified yield from one deposit.

[Brian Armstrong @brian_armstrong]

The crypto market structure bill has PASSED the Senate Banking Committee with a bi-partisan vote!

Historic day for crypto and for the future of digital assets in America. Grateful for the countless hours from lawmakers and staff to strengthen this legislation. Big improvement from where we were in January on rewards, tokenization, DeFi, and CFTC authority. I'm proud we stood up for our customers in that moment, and the bill is better because of it.

Looking forward to a bipartisan law that cements the US as the world's crypto capital. Let's get CLARITY done.

[Alchemix @AlchemixFi]

Mix-Yield Tokens utilize Auto Finance yield to optimize your capital efficiency.

@autopools provides a versatile set of yield sources for Mainnet mixETH and mixUSD strategies.

A thread. 🧵