watanabe

yield farming research

[watanabe @neverliquidated]

@HerroCrypto why would it be valued the same as Crypt?

[watanabe @neverliquidated]

New points farm alert: @phygitals

Physical TCG marketplaces have risen in popularity in recent months and I believe they have a found a PMF with a low friction gambling on collectibles that have a more sustainable value proposition than NFTs.

Their main product are gacha packs, which you can purchase between 25-5000 usd, with different EV+ estimates and buyback ratios. The estimates are likely inflated, you have to account for the trading fees or just the assume the 90% buyback Phygitals offers on most packs will be the real value you get out of it.

Personally I like the the Mythic Pokemon pack, I spent ~70k on it with the value of my cards estimated at ~95k. I believe some of my grails are undervalued by their engine, but if I sold everything to their buyback I would get 82k right away. I expect this pack to be EV-, however if your cost isn't too high (or you get lucky like me lol) it could justify spending money on this in hopes of an airdrop. The 3x larger competitor @Collector_Crypt is valued at 350M, turning over 3M would put you in the top 10 of users and unlike most crypto apps the gacha marketplace earn real revenues, so unless the interest in collectibles dies down it could become a sustainable business.

[watanabe @neverliquidated]

@ssmccul @re @YuzuMoneyX @USDai_Official max leverage calculated on data from fluid and apy from usdai website

[watanabe @neverliquidated]

Wata's weekly yield update:

- PT-reUSD-25JUN2026/USDC on Mainnet Morpho: 55% APY (@re)
- syzUSD/USDC on Monad Morpho: 31.13% APY (@YuzuMoneyX)
- PT-USDai-18JUN2026/USDC on Arbitrium Morpho: 30.15% APY (@USDai_Official)
- sUSDai/USDC on Base Fluid: 23.55% APY (@USDai_Official)
- YZM/USDC on Monad Morpho: 27.93% APY (@YuzuMoneyX)
- yzPrime/USDC on Monad Euler: 21.59% APY (@YuzuMoneyX)
- eEarn/USDC on Suilend: 34%APY (@EmberProtocol)

For more farming ideas check my website in the bio :)

[watanabe @neverliquidated]

@phygitals watanabe

[watanabe @neverliquidated]

@HelloKittyTimo @phygitals i can list on my own, dont need their bid

[watanabe @neverliquidated]

.@phygitals ty

[watanabe @neverliquidated]

@0xAsta @phygitals this is the old pfp

[watanabe @neverliquidated]

@chainbrain @phygitals i've been into pokemon until 23 lol, nice way to get back into it

[watanabe @neverliquidated]

@ImperiumPaper says bro with a mega eth badge

[watanabe @neverliquidated]

@mageeclegg i got scammed out of the san cristobal view jaja

[watanabe @neverliquidated]

@mejmpl @MattPeace850639 w Chicago też są Polacy niestety

[watanabe @neverliquidated]

@BuySellBA least dishonest PM residents

[watanabe @neverliquidated]

@diogenes concertas good too

[watanabe @neverliquidated]

@dcfgod what if btc goes in the way of nft

[watanabe @neverliquidated]

@AllThingsETH @peerxyz @coinbase @RampNetwork @AlchemyPay peer can be negative apr too if you don't mind waiting

[watanabe @neverliquidated]

@BowTiedMara frio :(

[watanabe @neverliquidated]

@ImperiumPaper should've just made it unredeemable and called it revenue when users without the right connections have to sell out of it at a depeg

[watanabe @neverliquidated]

@D2_Finance bro forgot he was a protocol and started cooking