MBS desks started putting out "no bid" quotes yesterday on agency paper. Non QM rates now >7%. Everyone going into price discovery mode on buys and sells. Last time we had this was the covid plunge.
Starting to get calls from the repo depts of my partner banks asking me if I'm interested in taking some of this paper off their hands. First time I'm getting these calls in volume since 2010. Ominous....
This is huge!! 🤝🤝
Our friends at @BabylonFinance have integrated Concentrator and CLever strategies as a way to access great yields from the @CurveFinance and @ConvexFinance ecosystem within their gardens - and word is there is a dedicated Curve Wars garden coming... oh my
Some very exciting new gardens launching this month on @BabylonFinance that will allow everyone to invest in some cornerstone DEFI protocols without getting rekt by gas fees. Stay tuned.....
While Crypto Twitter hunts for the next passive income ponzi, Babylon Finance continues to innovate.
They're an asset management protocol built for Web3, offering:
• Investment DAOs
• Community-led DeFi strategies
• Transparent governance, tokenomics, rewards
Deep-dive 🧵👇
Excited to announce that I will be working closely with the @BabylonFinance Team to roll out some new focused gardens investing in the top protocols on Mainnet. Look for more announcements soon.
I expect a print below 20 today at closing. My channel checks indicate retail investors are frozen with fear rn and smart money is wading in. QQQ and IWM fighting back valiantly.
"Buy on the sound of cannons, sell on the sound of trumpets." - Nathan Rothschild
$CCF $DEFI
I was pretty burned out on crypto today so I walked outside. There's apparantly a giant orange ball in the sky that rises and sets everyday, regardless of what $BTC, $ETH, and altcoins do that day and people like to look at it. Weird.
$CCF $DEFI #FaaS#DeFi3
@Crosschainfarm
Want exposure to Vitalik "mommy coin"? Pair $METIS with $TETHYS and stake it on $BIFI to get 450% APY compounded daily in the LP. Tethys has positive correlation to Metis, so lower IL possibility. NFA.
$CCF $DEFI #FaaS#DeFi3
@Crosschainfarm @d3protocol
While everyone was watching the Fed, this news came out. 18 months of reserves for $ANC and selling relief on $LUNA. Extremely bullish long term for the Terra ecosystem.
#FaaS#DeFi3
@Crosschainfarm
@d3protocol
Continuing to do homework on different node projects. This is an ultra competitive subdivision of DEFI and it's getting ugly and heated recently. Hoping to pick out a few winners for the treasury once the dust settles. Stay tuned....
$CCF $DEFI #FaaS#DeFi3
Easy Sunday morning alpha for my $CCF and $DEFI fam: Avax is having a Pangolin rush. Go to Beefy $AVAX farms and stake $UST $USDC pair for 53% APY. Rate will go down over time, but get it while it's hot! Off to have eggs benedict. Cheers
#FaaS#DeFi3
@Crosschainfarm
@d3protocol
Despite Solana’s recent issues, it still boasts a massive TVL and I’m discovering some juicy stable coin yields upwards of 60% APR there. $SOL $DEFI $CCF