Michael Ong

crypto curious

[Michael Ong @mic0ng]

@cashcitydotfun 9qKoiamwCxYFpYbD5pHiCv5shmorzEn5Xsr4hMM2Krtc

[jussy @jussy_world]

Everything’s happening on Solana right now:

▫️ Solana Staking ETF crosses $81.9M
▫️ $BONK hits new local ATH after $PUMP mania
▫️ $TUNA next with community sale

Your weekly recap starts here👇🧵

[Cogent Crypt◎ by SOL Strategies @Cogent_Crypto]

Enjoy that juicy yield with cgntSOL using @KaminoFinance Multiply.

100 cgntSOL weekly incentive still up for grabs!

[Graphite Protocol @GraphiteProto]

We are going to be starting our buy back and burn program shortly.

So far for the week we have 968.84 $SOL to buy back $GP with.

This equates to around $23,000/day.

We'll be placing a DCA order via jup that is placing orders per day over the 7 day period.

[Kamino @kamino]

1/ Kamino Season 3 has concluded, and a total 350M KMNO will be distributed to users in May

This amounts to a ~$26M distribution, with a substantial benefit to users who staked KMNO throughout the season

Airdrop checker, S3 analysis, & S4 info below⤵️

[Michael Ong @mic0ng]

@KaminoFinance Let’s go Kamino

[itscorrekt @itscorrekt]

No it's not like FTX. FTX was insolvent. ByBit is highly profitable but they got hacked.

No Ethena is not like UST. The negative reflexivity is capped. UST's is of orders higher.

No Hyperliquid is not the same. The same attack vector ByBit suffered does not even exist on HL which is self-custodial.

It's easy to buy free puts here and fud the demise of crypto and its' exchanges. I prefer to be constructive and support our fellow crypto frens thru this tough time. @benbybit did a good job with the communication after the hack. Let's give them some quiet to sort stuff out.

It's not a repeat of 2021-2. Don't be an idiot and definitely don't be an ass. We are going to be fine.

#Bybit

[Green Max(i) @MaxBrsNFT]

How to optimize your stable coins yield ?

Stablecoins are the backbone of DeFi, offering a way to earn yield while minimizing volatility. But with so many options, how do you maximize your returns while managing risk?

Here's a guide to optimizing your stablecoin yield on Solana, from secured 5% up to risky 20+% !

What we will cover in this thread :
1. What are the stable coins ?
2. How do stable coins generate yield ?
3. What are the top 25 Solana protocols ?
4. What are the best strategies ?

[Michael Ong @mic0ng]

@synatraxyz Wen update?

[Der Trainer 《TYR》 @chillhart]

I'm currently helping test @parallel_bot by @TaiyoRobotics , the first actual one-stop-shop DLMM copytrading solution on SOL.
- no shitty TG bot, proper Web interface
- no need for running cloud servers or fiddling with clunky additional tech, all you need is the website
- absolutely *wild* performance in terms of execution, truly mindboggling in fact

Feel free to bookmark the link - app is not public yet tho ;) Oh, and if you're a Taiyo / @GraphiteProto holder (thresholds not confirmed yet) you'll get access to feeds with profitable wallets. That's gonna be the killer feature, bc frankly, none of the currently available tools to look for good dlmm wallets actually give you good results.

Oh, and DLMMs are just the beginning, more "never been done" copytrading stuff is in the pipeline as well

Never been as bullish on a new platform in my life.
Accelerate. Beep. Boop. 🤖

[Defi Dungeons @DefiDungeons]

You and the girlfriend you would've gotten if Melania never dropped that token.

[jussy @jussy_world]

@FabianoSolana Let me buy more today

[Michael Ong @mic0ng]

@degenbrody 9qKoiamwCxYFpYbD5pHiCv5shmorzEn5Xsr4hMM2Krtc

[Michael Ong @mic0ng]

@jussy_world $300!

[Pudgy Penguins @pudgypenguins]

He sold?

[Punkmonke.hl🇪🇺 @Punk_Monke]

Some midcurvers keep trying to convince themself sol metrics are fake, its only shitcoins, not sustainable, a bubble etc

Meanwhile, i'm earning 80-120% apy on my stablecoins for over a year and i'm printing 6 figs of fees with my LPs

The yield doesn't lie my friend

If you want real and sustainable performances so you need volume and users using your liquidity

only happening on solana

[Michael Ong @mic0ng]

@FabianoSolana @synatraxyz prints 35% on both ySOL and yUSD, but is missing on the table

[jussy @jussy_world]

PENGU LAUNCHES TODAY AT 1 PM UTC!

You can make a lot of money whether you're eligible for the Airdrop or not.

Here’s how you can take advantage of the launch: 🧵👇

[Michael Ong @mic0ng]

@0xShadowban @itsafwog Fwog good

[The Heist @playtheheist]

Hop in bro.

Next stop Peel City 🍌