defi tycoon

it's all just a game

accumulate tokens that generate eth/usdc rewards

build protocols that generate eth/usdc rewards

[defi tycoon @defi__tycoon]

@exposurerisk Would you buy oil on this?

[Small Cap Scientist 👨‍🔬🧪🥼 @SmallCapScience]

One of the largest pieces of crypto legislation will be introduced this Tuesday (6/7).

It includes definitions of which coins are commodities, coins considered securities, stablecoins, CBDC framework, and NFT direction.

Let's dive into why you should be paying attention. 🧵

[defi tycoon @defi__tycoon]

@exposurerisk Why did this go black (risk off)?

[defi tycoon @defi__tycoon]

@exposurerisk I ask because TC being above the line doesn't exactly correlate to the green risk-on etc.

[defi tycoon @defi__tycoon]

@exposurerisk Thanks for sharing! How do you determine when to flip from risk on to risk off and vice versa?

And do you use the TCs to trade crypto? Or anything other than spy?

[defi tycoon @defi__tycoon]

@exposurerisk Would love to see other commodities like agriculture, and maybe emerging markets/European indexes

[defi tycoon @defi__tycoon]

Algo traded ETH
- QME from sw dao
- Dynaset from singularity dao

[tokenbrice @TokenBrice]

I'm a simple man, I like gud #DeFi tokens

What is it you ask? Simple:
1. Non dilutive yields paid in either $ETH or stable, or both
2. Coming from fees collected by the associated protocol

There aren't that many: $CRV, $CVX, $GMX, $LOOKS, $LQTY

Any other major I'm missing?

[defi tycoon @defi__tycoon]

Don't be fooled. The great liquidity pull from crypto will last another full 12 months

[defi tycoon @defi__tycoon]

Bear market done when everyone bought the 'dip' then panic sold a few more times

[defi tycoon @defi__tycoon]

March - July 2023 rebuy period

[defi tycoon @defi__tycoon]

#crypto #bearmarket not over until your last remaining friend bought the dip and it dips another 20%

1. Too much money sitting on the sidelines waiting to rebuy. Needs to clear out

2. #Defi TVL continues to exit smart contract risk. This then cycles into further selling

[defi tycoon @defi__tycoon]

Defi TVL slowly pulling out for a whole year

[defi tycoon @defi__tycoon]

@benjamincowen Borrow ETH against WBTC

[defi tycoon @defi__tycoon]

The most patient is likely going to win in this bear market. Resist the urge to FOMO back

Mentally prepare for Q2, 2023. If the time comes earlier, then you're ready anyway

@benjamincowen