Yash Shah

Building cool stuff on Ethereum... currently @POKVault ,ex @Lemma_Labs @catnip_exchange

[Yash Shah @roamingRahi]

What if I told you there was a way to reliably earn >4% yield on ETH?

https://t.co/B4eruNoBsP

[Yash Shah @roamingRahi]

Vault depositor: Earn fixed interest on their ETH in exchange for waiting
Swappers: Get ETH back instantly for their stETH. The vault takes on the task of waiting.

The vault makes sure user pay a fair price to exit out of their stETH.

Vault discount: 0.08%
Others: 0.12%

[Yash Shah @roamingRahi]

Hey @kadmil_eth, I would like to put this little vault up for a lido grant consideration.

Check it out!

simple frontend: https://t.co/B4eruNoBsP (WIP)
vault code: https://t.co/drxLMjFO3Y

[Yash Shah @roamingRahi]

https://t.co/WDsBgNeM5B

[Yash Shah @roamingRahi]

I automated it. The idea is spiritually similar to @POKVault so it was easier for me to do it.

Users want to instantly exit out of their stETH/wstETH and the vault depositors are happy to wait.

Check it out : https://t.co/drxLMjFO3Y

[Yash Shah @roamingRahi]

As soon as deposited 5 ETH, it was instantly used because the rate that we give is better rate than others for existing out of stETH

[Yash Shah @roamingRahi]

I automated it. The idea is spiritually similar to @POKVault so it was easier for me to do it.

Users want to instantly exit out of their stETH/wstETH and the vault depositors are happy to wait.

Check it out : https://t.co/drxLMjFO3Y

[phil @philbugcatcher]

State of ETH yields
- Lido stETH APR: 2.4%
- Aave aWETH APR: 1.95%

Meh

- Buying wstETH at market rate and withdrawing for ETH on Lido: 9.3% APR
- Delta neutral yield by doing this with borrowed WETH from Aave: 9.2% APR

Almost 5x more yield for much less risk

[Yash Shah @roamingRahi]

Use this following approach:

Call getConditionId(outcomeTokenId) on the CTFExchange or NegRiskCTFExchange contract.

Then, use the `/markets?condition_ids=[]` endpoint to fetch the corresponding market information.

[Yash Shah @roamingRahi]

If you want to get the market details on @Polymarket given an outcome token ID, there is currently no direct way to do this using the API.

You can either:

Go through all markets and index them by the outcome token IDs (referred to as clobIds in the API), or ...

[Yash Shah @roamingRahi]

Enhance capital efficiency of your arbitrage bot by integrating POK Vault

[POK Vault @POKVault]

POK Vault SDK is now live!
https://t.co/SMuQeCf9l4

[Yash Shah @roamingRahi]

improved the simple search with intelligent autocomplete @POKVault

[Yash Shah @roamingRahi]

@Pedromiranda @solana @Kalshi @dflow Question: The SPL tokens that represent the outcomes onchain, can they be transferred to any other wallet or are there any restrictions on that?

I’m asking to see if there is a possibility to bridge this outcome tokens any EVM chain

[Yash Shah @roamingRahi]

@securezer0 @POKVault Yeah. There is always higher expectation of yield when it comes to stablecoins

[Yash Shah @roamingRahi]

@grok remind me to check the stats of this experiment on 20th March

[POK Vault @POKVault]

Alright, it’s final. We’ve paused new deposits until March 20.

Now let’s run the experiment and see the APY we generate for vault depositors and the profits we enable for arbitragers.

[POK Vault @POKVault]

The vault is at maximum utilisation again. Is this what they call "a good problem to have"?

[Yash Shah @roamingRahi]

There is some heathy discussion happening around @POKVault

Here's my attempt at explaining how it works:

[Yash Shah @roamingRahi]

Arbitragers want to pay you part of their profit to be able to exit early. You just need to provide USDT in a vault, sit back and collect yield. Do it now!

[POK Vault @POKVault]

We are at 98% utilisation. Does ~5.8% APY sound attractive to anyone (USDT on BSC)?

Go to https://t.co/6yDhrFk7IX and help arbitragers out

[Yash Shah @roamingRahi]

@tradefoxintern I am working on cross platform merge and split functionalities @POKVault

[Yash Shah @roamingRahi]

@Defi_Warhol Also, you do not have to wait for market expiration. You can exit early and let someone else wait.

Check this out: https://t.co/O3MI3CPFDm

[Yash Shah @roamingRahi]

Many more markets will be supported very soon!

[POK Vault @POKVault]

https://t.co/6yDhrFk7IX is now 10x faster! Try it out now