miri

🔸@origami_fi🔸Tokenised Balance Sheets 🔸

[miri @mirionics]

Crossed $150M TVL today🎉

Honestly so proud of what our team has built at @origami_fi over the past year

>$108M TVL in hOHM (attracting almost 1/3rd of the gOHM supply!)
>$15M+ in oriBGT (50% of all staked iBGT!)
>$13M in incredibly well-loved @InfraredFinance LP auto-compounders and auto-stakers
>The #1 place for $SKY staking and the best risk-adjusted $USDS yields
>Most hyped Boyco vault attracting $69M USDC

Crazy to think the next 12mos may just be even bigger and better

The paper has been creased

Still early🌱

[miri @mirionics]

not even to mention zec top blasters still being down less than eth top blasters

cruel cruel market

[miri @mirionics]

zec may actually be the most hated coin of all time lol

OGs got zcrashed at least once between '16-22 then had to watch it go 20x in a bear

now new blood got taken for their last bit of post-10/10 pocket monies (one of us! one of us!)

no wonder TL looks like it does today

[Udi Wertheimer @udiWertheimer]

btw this isn’t the first time a bug like this was discovered in zcash. last time it was disclosed after being a year+ in the wild and everyone lost faith and zcash went to zero for 7 years, until they found a new generation of buyers who doesn’t know the history (that’s you)

[zooko🛡🦓🦓🦓 ⓩ @zooko]

@TomZarebczan @1MILLIONMRR @robustus We can do a network upgrade which trustlessly proves the effective circulating supply without waiting for coin holders to move their coins!

[miri @mirionics]

@blknoiz06 unfortunate side effect of ZODL app is that it doesnt allow unshielding so easiest way out of the pool is to swap out

[Origami Finance @origami_fi]

More OPAL vaults incoming!

12.5x folded @EtherFi weETH via @aave on Ethereum mainnet

💠 9%+ APY
💠 No caps or fees on deposits / exits
💠 Analytics to track yield spreads and NAV

We simply keep shipping 🤝

[miri @mirionics]

@itszore missed u too brother hope all is well <3

[miri @mirionics]

@TraderYunt nice blast from the past lol

only reason I didnt get rekt on bitgrail is bc mercatox had a bug that would sometimes send your BTC deposit to someone else’s wallet lmao

ended up buying on bitgrail instead and immediately withdrawing to an external wallet

[miri @mirionics]

this is prob the first pepe anyone has seen on the TL in months

death of CT

at least in prev bears we had memes and soupgroup

[miri @mirionics]

"if they do convert, backing goes +10%, everyone can borrow 10% more per OHM => hOHM does another $15m in OHM purchases over the following yr"

[miri @mirionics]

Can follow the vote here: https://t.co/sNsj5JDxTV

[miri @mirionics]

"if they do convert, backing goes +10%, everyone can borrow 10% more per OHM => hOHM does another $15m in OHM purchases over the following yr"

[chud.eth @chud_eth]

a third party proposed increasing the Olympus CDs cap to $60mil with a $5mil/day target

proposer funded directly from large wallet that recently bought $4m of OHM on open market, so clearly wants exposure.

reminder: deposits to CDs have all yield go to buying back and burning OHM => makes the CDs more likely to convert profitably => new deposits to CDs higher +EV => positive feedback loop

$50m of hypothetical CDs (idk how much they want in reality) = extra $5.5m/yr annualized buybacks just from the CDs

if they don't convert, free $5.5m of buybacks and protocol gives nothing back in exchange, win.
if they do convert, backing goes +10%, everyone can borrow 10% more per OHM => hOHM does another $15m in OHM purchases over the following yr, which...

makes it more attractive for someone to ape another $50m into CDs and start it all over again

(idk if the proposer will ape 50mil or anything at all, but seems odd to propose this if you didn't want to use it)

[chud.eth @chud_eth]

a third party proposed increasing the Olympus CDs cap to $60mil with a $5mil/day target

proposer funded directly from large wallet that recently bought $4m of OHM on open market, so clearly wants exposure.

reminder: deposits to CDs have all yield go to buying back and burning OHM => makes the CDs more likely to convert profitably => new deposits to CDs higher +EV => positive feedback loop

$50m of hypothetical CDs (idk how much they want in reality) = extra $5.5m/yr annualized buybacks just from the CDs

if they don't convert, free $5.5m of buybacks and protocol gives nothing back in exchange, win.
if they do convert, backing goes +10%, everyone can borrow 10% more per OHM => hOHM does another $15m in OHM purchases over the following yr, which...

makes it more attractive for someone to ape another $50m into CDs and start it all over again

(idk if the proposer will ape 50mil or anything at all, but seems odd to propose this if you didn't want to use it)

[path.eth 🛡️ @Cryptopathic]

zec 4 fig in june

[DCF GOD @dcfgod]

Any curators willing to lend against this?

Would love to loop my loops!

Note: dcf cap seeded origami

[miri @mirionics]

@origami_fi @merkl_xyz @aave @Plasma @ethena WE ARE SO BACK

[miri @mirionics]

WE ARE SO BACK

merkl loop has been one of the better strategies for size during the bear

now auto-optimised by @origami_fi

[Origami Finance @origami_fi]

The next OPAL vault is here!

9x "Liquid Leverage" sUSDe/USDe @merkl_xyz loop via @aave on @Plasma

💠 15%+ APY
💠 Deep USDT0 liquidity
💠 Folded sUSDe + Merkl yield

Self-optimising to maximise Merkl rewards across campaigns🔋

More @ethena vaults coming soon™️

[Origami Finance @origami_fi]

The next OPAL vault is here!

9x "Liquid Leverage" sUSDe/USDe @merkl_xyz loop via @aave on @Plasma

💠 15%+ APY
💠 Deep USDT0 liquidity
💠 Folded sUSDe + Merkl yield

Self-optimising to maximise Merkl rewards across campaigns🔋

More @ethena vaults coming soon™️

[miri @mirionics]

@Crypto_McKenna interesting coincidence(?) is that ratio of age of the universe over time it takes for light to cross a proton is also ~10^40

same for sqrt of number of particles in observable universe

(see Dirac’s large numbers hypothesis)

[miri @mirionics]

@0xMerp recorded >5y ago

jfc never felt more unc