Degenerate Passive Income is a channel dedicated to discussing passive income in the form of Crypto Currency buying, selling, and investing in the DeFi space.
🔥 THE NUMBERS ARE STACKING UP FOR LSTEAK 🔥
Whether you're looking to enter directly with ETH or put USDC to work through the Accumulation Vaults, current conditions are creating a seriously interesting opportunity.
🥩 xl-LSTEAK Redemption Ratio growth: ~21.84% APR
📈 BPT growth: ~32.65% APR
🚀 Combined relative growth: ~61.62% APR
But that's BEFORE accounting for the current discount between LSteak's market price and BPT.
Factor in that price disparity and the current opportunity represents approximately:
🔥 ~94.56% RELATIVE BPT APR 🔥
And that's without needing another huge vault cycle.
You can enter LSteak directly with ETH through the dApp, or use USDC in the Accumulation Vaults to automatically target market opportunities.
With the crypto bull market finally looking like it may be starting to wake up, LSteak enters it with growing backing, a rising xl-LSTEAK redemption ratio and a significant market-to-BPT disparity still available to capture.
🐂 If the bull really is coming, there couldn't be a more interesting time for LSteak.
🥩 Buy. Accumulate. Stake. Compound.
🌐 https://t.co/qy9fH6LxN5
💬 https://t.co/PISwCFBJrd
⚠️ APR figures are annualized from current rates and are not guaranteed future returns. Market prices, BPT, redemption ratios and vault performance can change.
⚡ ONE YEAR OF PLAZM. $1,000 TO GIVE BACK. ⚡
10 winners. $100 worth of PLAZM tokens each. 🎉
The first year of PLAZM isn’t just our story. It’s yours. Share your experience for a chance to win.
HOW TO ENTER:
1️⃣ Follow @Plazm_io on X and join our official Telegram.
2️⃣ Quote this post with your honest PLAZM story. Start with #PLAZMContest and mention @Plazm_io.
3️⃣ Tag at least TWO other people or projects in your quote-post.
What brought you here? What have you learned? What moment stands out?
A few sentences is all it takes. Community and AMA experiences count too. Photos and videos are welcome, but optional.
🏆 Winners chosen LIVE on Tuesday, October 6 at 8 PM Eastern during our AMA with @DegenPassiveInc. Enter before the livestream begins!
We’re judging originality, specific details, and clarity : not likes, follower count, or praise.
💰 Each winner receives $100 worth of PLAZM tokens, valued at distribution.
One entry per person. No purchase or token holding required. Full eligibility and rules below.
Your story. Our community. Just the beginning. ⚡