Haha Alex beat me to it, this is what I’ve been teasing all along.
Today I’ve officially joined the @VelodromeFi and @aerodromefi team to help accelerate their BizDev efforts to grow the @Optimism Superchain.
The future looks very optimistic.
Couldn’t be more excited @Ace_da_Book is joining us as we head into the Superchain.
He’s joined by @abmisx0, @Bombacem, and a pair of new senior FE and SC engineers.
Welcome to the grindset.
1/ 🚀 IT'S BACK. Aerodrome Lend is LIVE again.
Use your @aerodromefi LP positions on @base as collateral, borrow USDC, and keep compounding AERO the whole time.
Let's go. 🧵
If you still hold Ethereum I would implore you to nuke the entire stack today and buy something else.
.eth's will post salt but end of the day they will make barely any money and most likely lose money as they have attached their ego towards the asset.
Brutal truth but hope someone nukes their stack today because of the tweet.
"The liquidity is moving to decentralized exchanges and away from more costly centralized exchanges ." - the former president and CEO of the Boston Fed
PSA:
It’s impossible to avoid IL when providing liquidity
Anyone claiming otherwise is obfuscating that someone else is covering the hole. That counterparty is likely unaware of the risk and is signing up for outsized losses
Does Bancor trying this long ago ring any bells?
True but that’s assuming you’re able to trade the market perfectly to ensure fees are indeed greater than rebalancing costs
Providing CL liquidity is like selling puts but your premia is made up by trading fees. It’s difficult to continue making that market while remaining profitable
I'm on the side of the company that hasn't had to pay $40B in fines, penalties, and legal settlements for hundreds of violations across mortgage abuses, investor protection failures, and market manipulation.