Shallots

I use DeFi 💳
I test DeFi 🧪
I yap DeFi 🗣️
DPGC Gang 👻@deadpixels_club

[Shallots @Defriedshallots]

https://t.co/l26sz1q4Pi

[Shallots @Defriedshallots]

@Crypto_Zh0u @alturax @pendle_fi free money from the sky 🤑

I bet @yichuan_drive cooked quite hard on this

[Shallots @Defriedshallots]

@MarvinHarryP Idk what it's like to be a digital nomad but I like watching your life ahahaha

[Shallots @Defriedshallots]

@infiniteinsi @alturax my guyyyy welcome back man!

I'm glad they distributed it fast, how much did you get and what place were you? I was #447 ahaha

[Shallots @Defriedshallots]

I managed to hold my position and received 20 AVLT for Epoch 4 of @alturax yield run!

Yes it looks little but know that I farmed points with YTs and I didn't lose significant part of my capital because the yield was high

I basically got free money and that's not even including the $ALTU rewards I earned from holding AVLT on the protocol

I'll be pulling my capital out for Epoch 5, cuz there's no way I can keep up with the bigger players with the current YT pool

[Altura @alturax]

YieldRun is going BIGGER.

Altura just distributed 100,000 AVLT. No unlocks, vesting or staking.

We're rolling out another 100,000 AVLT prize pool with new, guaranteed reward tiers. Active deposits are already stacking YieldRun points.

Epoch 5 begins now 🦉

[Shallots @Defriedshallots]

@Dreamer_MNE @Polymarket ahhhh you're right about it though

it's hypergambling

[Shallots @Defriedshallots]

Officially made it into the top 10% of LP-ers on @Polymarket

I earned $12 yesterday from $31 -> $43

I'm hoping that $POLY TGE will be months from now so that I can keep my consistent $10/day minimally to climb higher

If that happens, I will be well over $100 at TGE

[Shallots @Defriedshallots]

@0xSlarmi ye man, it was a hard lesson

[Shallots @Defriedshallots]

Never told many people this

Years back when I was in a dark place I made a dumb decision and lost my entire savings to a "crypto mining" scammer

When I picked myself back up and started learning about investments from scratch, I decided to stay far away from crypto

That was until I chanced upon the term "DeFi" where I searched further and started falling down the rabbit hole

Initially, I got lost in the sauce and ended up trading shitcoins which lost me a huge amount again

Then I returned to my north star and made a decision to start learning properly

I realized I really loved doing deep dives into the "how" of every protocol I farm

Each protocol brought new knowledge and experience which added onto my wins

In the midst of all this, I thought that documenting my journey as a creator was worth the shot since platforms like @RallyOnChain monetized them

I knew my path was right when I started making many friends and seeing my airdrop wins piling in within the first few months

What really kept me going was the genuine interest to learn so that I could earn extra cash to retire earlier

5 months into my journey and here are my wins! It ain't much cuz I'm just getting started 👊

[Shallots @Defriedshallots]

@Cryptnow_io thanks bro!

[Shallots @Defriedshallots]

@Dreamer_MNE @Polymarket thanks so much bro!

why you staying away from Poly?

[Shallots @Defriedshallots]

@mrvarmax @Polymarket thanks G! how's things on your end with Polymarket?

[Shallots @Defriedshallots]

@Crypto_Zh0u @Polymarket At any one time I deploy about ~$50-$100 worth of limit orders

but the rewards earned is based mostly on competition, daily pool reward and how many resting limit orders are placed so it vaires daily

[Shallots @Defriedshallots]

ohh broski, you need to search "xStocks" in my profile and see all my posts, you'll find lots of useful information trust

To give you a brief rundown, xStocks is a protocol that tokenizes stocks to bring them onchain

SPY is an S&P500 ETF while SPYx is the tokenized form of it

The great thing about xStocks is that it maintains your exposure to the underlying stock while making it composable with DeFi protocols with Jup Lend being one of many examples

[Shallots @Defriedshallots]

Borrowing JupUSD on @jup_lend against $SPYx just went negative! 👀

If you're exposed to @xStocksFi, wyd if you're not looping on Jup Lend?

I just turned the degen mode on and increased my LTV from 70% -> 72%

I'm getting paid rn to borrow against my SPYx

Yesterday, $SPYx took a small dip so it's a better entry today

> Get xPoints
> Get paid to borrow
> Maintain exposure to appreciating S&P500

What more do you need?

[Jupiter Lend @jup_lend]

@kashdhanda The borrow APY for the SPYx/JupUSD vault is so low right now, that its actually negative 👀

[Shallots @Defriedshallots]

@Crypto__Riddle thanks for the kind words fren <3 I'm manifesting that too

[Shallots @Defriedshallots]

@Degen_frost @jup_lend @xStocksFi yep, you have to deposit $SPYx as collateral which is tokenized SPY (S&P500 ETF)

[Shallots @Defriedshallots]

@Degen_frost @bulktrade ayeee nice one!

When it goes live I'll be navigating the perps space with you too brother so you're not alone :>

[Shallots @Defriedshallots]

@Degen_frost @bulktrade ayee nice, I'm not in the discord tho ahaha

[Shallots @Defriedshallots]

I'm joining in on @bulktrade S1

I have never touched perps and a perp dex before in my life

Given the hype around this project + it's an early opportunity, I decided, why not?

I will have to learn perps eventually so I might as well do it while earning extra points and potential future rewards

If you're joining too, I'll appreciate if you use my referral!
https://t.co/ZD1yuB9LMK

[BULK @bulktrade]

SEASON 1 IS LIVE… PRE-DEPOSITS NOW OPEN!

It is officially time to start AURAmaxxing

Deposit now on https://t.co/cRn8P7qFoJ

[Shallots @Defriedshallots]

@thetrackk @jup_lend @xStocksFi it's definitely not risk-free ☠️

my LTV is just 3% away from the max xD, I am degen maxxing

[Shallots @Defriedshallots]

@Mi_Tion111 @jup_offerbook @piggybank_fi how so? I'm maintaining exposure to xStocks for a long time and pbUSDC's APY surpasses the borrow rate by 10%

[Shallots @Defriedshallots]

Update on my @jup_offerbook position

I managed to secure a loan and deposited it into @piggybank_fi for 18.40% APY

I pocket the 10.40% spread for 28 days

All while earning xPoints

gud tek

[Shallots @Defriedshallots]

Everyday, Jupiter wants to OWN the whole xStocks market!

@jup_offerbook now offers loans against $pbUSDC and $pbSPYx from @piggybank_fi

So I have an insane strategy right now (VERY HIGH RISK)
1. Deposit SPYx as collateral on Juplend/Kamino
2. Borrow USDC at 70% LTV (0.85%-1.6% APY)
3. Deposit USDC/Swap to SPYx
4. Deposit into
> pbUSDC (~18.5% APY)
> pbSPYx (~7.3% APY)
5. Use either as collateral on Jup offerbook
6. Borrow at 50% LTV at 10% APR
7. Redeposit into pbUSDC

Lower LTVs and higher APRs secure loans quicker since Lenders take on less risk with more rewards

This way you can juice your strategies further and seriously stretch your capital's efficiency to its MAXIMUM

xPansion

[Shallots @Defriedshallots]

@SneakypeekSol @jup_lend @xStocksFi hell yeee hope it keeps up for a while

[Shallots @Defriedshallots]

@yichuan_drive @jup_lend @xStocksFi thanks ma man! im so heavily exposed rn