Crypto winter has you running to stablecoins? Only want to hold in ASSET backed non-algo coins post @terra_money $UST disaster? Still want decent/safe yield? Here is a 🧵 on a hidden gem @hummusdefi for great yield on $USDC, $USDT, and $DAI + how it compares to other options
It’s an honor to have passed the State Competitiveness Fund bill with bipartisan support today. The bill will help create jobs, strengthen the resiliency of our energy grid, and promote clean energy in Minnesota.
@erichhartmann Disagree, you can and should respect the men and women doing the work - while being disgusted by our nations policies to subsidize established highly profitable industries that make money by depleting finite resources and creating local and global air, water, and soil pollution
@CryptoCapo_ Where do you park your USDT Capo? Have you looked at @hummusdefi the seem to have the best yield on USDT around right now due to the Métis marathon incentives
$HUM has come down a little bit - No longer earning 200%+ APR on asset backed stablecoins on @hummusdefi - only $100%+ tough life huh. Blows my mind only 18.5M of the 125B in USDC, DAI, and USDT are taking advantage of these huge yields. Get $HUM stake for veHUM make $$ - simple
Our new fee distribution is LIVE! The basics: $veHUM holders are now earning $METIS rewards. The more you have, the bigger share you get. Simple & satisfying—just like hummus!
🌿 Only on @MetisDAO 🌿
https://t.co/56xzEUW0iB
@ico_desk @xD3nz0 Note: you calibrate the tool based on the @hummusdefi calculator then it calculates how much you should add or subtract from the different pools to get all of them equal total yield.
@ico_desk @xD3nz0 Saved me ~5-6 transactions = 10-12 gas fees + swap losses by using this spreadsheet to get my account optimized with all coins doing nearly equal total yield - and boosted my average yield across all coins by about 35% by optimizing - fun making such high yields right now.
Nealy doubled by stablecoin position on @hummusdefi , and thanks to re-optimization spreadsheet still earning nearly 250%! on safe asset backed stablecoins. This is how you beat the bear market, now just need to time my re-entry int investment coins right. . .
Bet you wish you had been staking $HUM for as long as I have ;) @hummusdefi the fork of @Platypusdefi on @MetisDAO is killing it right now with the marathon incentive from Metis boosting asset backed stable yield.
Time to re-optimize my deposits with - https://t.co/PnMGfl3C1e
🧵 let’s check in to see how APRs have changed in our main pools since https://t.co/y2n2UJ3dx7 entered the @MetisDAO Marathon two hours ago…🏃♂️ 👀
First up! m.USDC 👇
Base APR 51%
Median boosted APR 43%
Total median APR… 94% 👀 🔥
The #MetisMarathon kicked off on @hummusdefi and the rewards are even larger than I expected. Averaging ~100% on stables with $9M+ of TVL.
~$750k volume for the day meaning more swap fees for anyone stacking $veHUM. 1 Hr. in and a bigger TVL + Volume jump is incoming for $HUM 📈
@xD3nz0 Good thread - FYI, If you want to keep those stablecoin deposits optimized for maximum yield on your Hummus account - check out this helpful tool
https://t.co/LD2Ydx3npL
@hummusdefi@MetisDAO FYI you can optimize your deposits on Hummus for max combined base+boosted yield easily with this helpful tool - https://t.co/9LSVrwPUl8
The Hummus Hangout #2: Introducing a New Fee Distribution Strategy by @hummusdefi
Only on @MetisDAO 🌿
Swap. Stake. Boost. (🫒,🍋)
https://t.co/quCcpw881x
Look at @hummusdefi the fork of @Platypusdefi on @MetisDAO! Been on a nice run - driving up value of the staking coin users hold, and the yield on their Stablecoin pools - Getting over 100%! right now on optimized deposits of USDC, USDT & DAI aided by https://t.co/9LSVrwPUl8
Got my paycheck moved in and rebalanced. Upward movement in $HUM offset my increased deposits now getting >40% on all my Hummus pools. Still shocked there hasn't been more adoption of HUM but loving that I get such a big share of the monthly HUM staking rewards as a result.
Just saying @hummusdefi is still producing healthy yields on quality asset backed stablecoins. Haven't been on for a while an need to rebalance my deposits for max yield using - - https://t.co/WL3GkEaXfb - but I ain't mad with >30% yield on USDC, USDT, DAI.