฿akamoto

Primarily lower-cap crypto project thoughts , nothing I tweet is financial advice. Previously head of liquidity mining committee at @Balancer.

[฿akamoto @bakamoto20]

@TokenBrice (In fact that's not quite right, a quarter of a half of Balancer swap fees accrue to the Balancer treasury: but this is net positive for $BAL token holders also)

[฿akamoto @bakamoto20]

@TokenBrice Apologies, so currently half of Balancer swap fees get re-distributed to those who lock $BAL (in USD).

Soon there'll also be protocol revenue generated from underlying pool tokens deposited in lending protocols (currently all that revenue goes to liquidity providers).

[฿akamoto @bakamoto20]

@TokenBrice Balancer's "Convex" will be launching in the next few weeks also, @AuraFinance. It's @0xMaki's new project.

[Balancer @Balancer]

Big news 📢 @tusd_official launches #TUSD stablepool with @0xPolygon on Balancer Protocol

✅Liquidity mining incentives
✅Swap fees

[฿akamoto @bakamoto20]

@NateHindman I suppose because in most cases the higher yield on farming tokens offsets the IL risk, generally IL protected positions on e.g. Bancor have lower yields than protocols where there is IL exposure.

[solarcurve @0xSolarcurve]

I'll be joined by the composers at @beethoven_x for an AMA at 15:00 UTC on Wednesday October 27th in the @BalancerLabs discord. This is a symphony you won't want to miss!

[฿akamoto @bakamoto20]

@DeFi_Dad @powerpoolcvp In particular the Polygon pools, in terms of longish term APY in that range.

[฿akamoto @bakamoto20]

@DeFi_Dad @powerpoolcvp Balancer pools have been long term solid.

[฿akamoto @bakamoto20]

@AltcoinSherpa I think active concentrated liquidity management will be a major thing next few months, especially when these platforms make it possible for projects to launch liquidity mining on top & trident launches as well.

[฿akamoto @bakamoto20]

@TeddyRoosevalt @SolanaMBS All activity around floor, though. Not much else shifted since beginning of the month.

Find it interesting how that fluxes with everything else.

[yasochka (🇺🇦,🇺🇦) @cryptodrftng]

Thank you so much to everyone who joined us tonight in @BalancerLabs Discord - it was our biggest AMA so far!

Have a great weekend and #LFGro 💜

[฿akamoto @bakamoto20]

$OHM holders might be soon in for a hard lesson about reflexivity & rebasing.

[฿akamoto @bakamoto20]

@NateHindman @litocoen @VisorFinance (When I say challenge is gas: re-balancing incurs gas, so strategies you can run on eth mainnet with the type of TVL they have are limited)

[฿akamoto @bakamoto20]

@NateHindman @litocoen @VisorFinance Main challenge on eth mainnet is gas. I'm going to be curious to see what the performance of strategies looks like on arbitrum by comparison.

[฿akamoto @bakamoto20]

@0xLaoZi @danielesesta sounds like a recipe for a balancer stablepool

there must be folk out there that want to see a $mim/$mai/$ust stablepool on polygon.... right?

[Balancer @Balancer]

Introducing our next project #builtonBalancer, @tempusfinance 🤝 The recent deployment of Tempus Testnet includes a Principal-Yield AMM that increases capital efficiency and provides a user-friendly experience. Happy to have you on V2 ✨🚀

[฿akamoto @bakamoto20]

@DegenSpartan tl;dr: G can't buy enough visr or apw

wait, no, mkr

he can't buy enough mkr

[฿akamoto @bakamoto20]

@Chris2pherChase @fcmartinelli @BalancerLabs @humanDAO @CopperLaunch are the best folk to talk to about doing an LBP on Balancer.