Divvy Fam,
Reminder that our weekly game night will take place tonight on discord @ 6pm EST.🎮
Join us for poker, beans, and smash! 💸
https://t.co/aAFglbdble
First 60 to like+rt+ tag will also be added to a special game, like last week, for a chance to win $50👀👇
If I tell you something has 0 volatility, will you still invest? Of course not. But you may use it for payments. Different coins for different purposes. Volatility is a feature for those who want it. Don't buy things you don't want.
My Research on L2s has led exploring more protocols under the Ecosystem
Below are some interesting DeFI & web3 protocols (II) worth to check out 🔥
A Thread
If you want to become a true master of defi you NEED to understand impermanent loss and its impact on liquidity pools🧙♂️.
In this thread I'll try to provide a simple overview of this concept in a way even your grandma will understand🧵 1/15
Two of the most talked about #RealYield defi protocols recently have been
@GMX_IO &
@gains_trade
Both are very exciting and delivers high quality yield to LP providers.
But which one is best? And how are they different?
A 🧵 1/18
While decentralized lending has grown immensely in the past two years, we’re still early in the evolution of DeFi towards the general extension of credit.
Below, we explore the three major categories of on-chain credit: overcollateralized, prime brokerage, and identity-based.
$NOM #Airdrop 2 is coming from @nomicbtc:
- #Cosmos token will be targeted. Initial drop was for $ATOM
- focus on delegations that are not to "biggest validators"
While "biggest" is not defined, it's good practice to stake outside of top 20, even 50 on every chain
Source
(1/)
Love $LQDR but looking for higher APR, or you're looking for some diversification?
We have been building throughout the bear market, and our product lines support our $LQDR/$FTM Pool, yielding >2X that of @Spirit_Swap and >50% more than @LiquidDriver
https://t.co/UNFAZiCGEA
1/It troubles me that some pundits still believe that we should exclude various participants from important financial products, like derivatives, for their own “protection”.