MIMBULL11

The first stablecoin with an actual usecase (((maximum shitcoin leverage)))

[MIMBULL11 @mimbull11]

PSA

$MIM $FRAX $USDC $USDT $DAI $BUSD $USDD $PUSD $UST $BEAN $FEI $VOLT

[MIMBULL11 @mimbull11]

I have word from Bean Bull that this is "just the beanginning"

[MIMBULL11 @mimbull11]

@LickMyRomy How is it much higher APY than Convex, dad?

[MIMBULL11 @mimbull11]

@LickMyRomy @usdcbull1 @ubenjammin2 @JackNiewold @vela_exchange oh god oh fuck the exotic stablecoin with a real working profitable usecase in high demand also has massive upside that's so embarrassing

[MIMBULL11 @mimbull11]

can feel my slumber coming to an end...

[MIMBULL11 @mimbull11]

Bulls are hibernating until the next great ponzi sends APY to the stratosphere once more 🫡

[MIMBULL11 @mimbull11]

@beanbull1 im up

[MIMBULL11 @mimbull11]

@SHIBAATTACKNOW @eurocbull1 📠📠📠

[MIMBULL11 @mimbull11]

Bulls are just resting, dw

[0xngmi @0xngmi]

Incredible how many crises MIM has managed to avoid while being at the center of them
- UST depeg with max leverage through degenbox
- FTX fall with FTT collateral being 23% of all MIM backing

[MIMBULL11 @mimbull11]

Great work champ 🫡

[MIMBULL11 @mimbull11]

@SHIBAATTACKNOW fluctuating rates - team can use interest rates as a dial to expand/contract mintage on each vault and find equilibrium ROI per $MIM minted

[MIMBULL11 @mimbull11]

If $MIM “fees as monetary policy” proves reliable, we’ll have a strong mechanism to expand/contract $MIM supply while earning massive (read: face melting) ROI.

With strategic operations like $yCRV, the cost to incentivize liquidity pays for itself. Inf leverage incoming

[FR🟦G 🟦E 🟦NOMICS @e_nomics_]

7M $MIM deleveraged. Will be interesting to see how far cauldrons contract as adjustments to rates are made. @MIM_Spell MIM is not free. @mimbull11 is tired of giving out free wealth.

[MIMBULL11 @mimbull11]

@SHIBAATTACKNOW Another massive side effect is easy integration of naturally interest bearing positions (LSDs, other Yearn-style aggregators eg Vesper)

Abra team doesn’t need to create the strategy themselves or negotiate a partnership, they just manage the interest rates to derive perform. fee

[MIMBULL11 @mimbull11]

Bulls are hibernating until the next great ponzi sends APY to the stratosphere once more 🫡

[MIMBULL11 @mimbull11]

@LickMyRomy Welcome Romy!

[FR🟦G 🟦E 🟦NOMICS @e_nomics_]

Abracadabra Incorporation proposal. Excuse me? What did you just say? Alpha leak on discord. Stay tuned. @mimbull11 @MIM_Spell $Spell

[MIMBULL11 @mimbull11]

@LickMyRomy Great work Romy and team!

[MIMBULL11 @mimbull11]

Now that’s MIM bull energy

[GREEN JEFF @jeffthedunker]

$LUSD at $1.03
$MIM at $0.99

If you think both should ultimately trade 1:1, you can short LUSD on leverage with MIM collateral through UwU.

You can take this position on 6x leverage at a MIM/LUSD rate of 1.04, liquidation at 1.12, with 24% ROI on close and >20% APY while open

[MIMBULL11 @mimbull11]

For those keeping score, every MIM minted through this new Degenbox earns the protocol 4-6% APY

Pretty nutty innit

[🧙🏼‍♂️ @MIM_Spell]

1/🧙🏼‍♂️!

Our @LiquityProtocol #Degenbox strategy is now live!🔥

Leverage up on your $LUSD yield in our latest market👇🏻🔮

-Interest 0.5%
-Liquidation Fee 1%
-LTV 95%
-Borrow Fee 0%

🪄 Leverage now 👇🏻https://t.co/CbC7q7DA38

[MIMBULL11 @mimbull11]

@SHIBAATTACKNOW @fraxbull1 hit piece ?

[MIMBULL11 @mimbull11]

o7