_yb llama
@llamaintern
Llama @yieldbasis, ex @defillama
Despite some categories like lending surpassing their 2021 TVL highs, arguably one of the other key primitives, DEXs, are still a third of what they used to be back in 2021 Left DEX TVL peaked shy of ~$80 billion Right Lending TVL peaked ~$50 billion
Went from bandeja to revers slicé, high-fives to poignées de main, cage match to duel sur terre battue.
Share a piece of health/fitness lore about yourself
We're pretty close to where we'll see Curve's growth accelerate, from a DEX that is best known as the place to swap stablecoins to what I can see as the main source of liquidity for blue chip assets on ETH mainnet, starting with BTC. In a world where you, as the liquidity…
$FLUID should catch up with $CRV - TVL: Fluid $1.5B vs Curve $2.5b - Trading volumes: Fluid does 2x the Curve volumes - Monthly fees: Fluid generates $5.37m vs Curve's $1.9m At $10m annualized revenue, $FLUID will start buy backs. That number is $6,6m now. I love Curve, but…
_What if L2 has Curve and crvUSD Deploy YB L2 deposits L2 tokens into YB > Improved liquidity for L2 token on-chain > Earn fees without IL, fees to buy ETH > More on-chain liquidity, better params for the L2 token to be used in DeFi (e.g. higher LTV and borrow caps on lending)
- Layer 2s acquire $ETH for their treasury. - The treasury is owned by L2 token holders, such as $ARB or $OP. - L2 tokens are sold for $ETH until assets under management align with the L2 token market cap. - L2 tokens become investible. Implementing a strategy playbook for L2s…
⚡ @newmichwill, Founder of @CurveFinance revealed a new way to eliminate impermanent loss using compounding leverage and interest-funded rebalances. It boosts capital efficiency and unlocks new markets like FX and gold. Full talk on AMMs and volatility: youtube.com/watch?v=DdLzII…
Not unrealistic for crvUSD to be the next stablecoin to surpass $1B in supply _yb
remember the days that “defending the peg” meant something
dwf comes in with freshly funded wallet to defend the peg, let's see how it plays out
Would be cool to see if tokenised stocks would be possible on @yieldbasis, the volatility profile would be good enough
Introducing The Robinhood Chain. The first Ethereum Layer 2 optimized for real-world assets via @arbitrum—from public to private to global. You shouldn’t have to rely on a broker to trade assets. Instead, you should be able to seamlessly trade real-world assets in seconds.…
This situation with Resupply caught me off guard. Every project that builds on-with Curve is important to me, and I tend to take everything that happens in our ecosystem quite personally—maybe even too emotionally at times. But my intentions are sincere: I truly want to make DeFi…
We have published our post-mortem on the exploit in the wstUSR market as well as the recovery plan. Please use the links below. Post-mortem: mirror.xyz/0x521CB9b35514… Recovery Plan: gov.resupply.fi/t/resupply-rec…
Was observing recent attack and resolution process for @ResupplyFi as a bystander. Some takeaways: - Resolution process goes as professionally as it can. Great top-tier team there; - Some people from community made false accusations, especially a bunch of people connected to…
Here’s the concept of @yieldbasis : An AMM that 2x leverage your liquidity to mitigate the impermanent loss with boosted yield. 🔸Cryptoswap with Stableswap Invariant: In theory, maintaining a 2x leverage can mitigate IL, but in Uni V2 it only 2x your losses. Simulation shows…
Make Crypto Yields Great Again _yb
Although starting from earning yield on Bitcoin and major cryptos, implications of @yieldbasis could be broader than those news.curve.finance/yield-basis-ho…
went on a call with mitch I told him the past 4 years of crypto have been insanely boring and it's time to revert back to the times when we were all just having fun there was a time everything was up only, and people just released things because they should exist, not for…
went on a call with ultra she told me the past 4 years of crypto have been insanely boring and it's time to revert back to the times when we were all just having fun there was a time everything was up only, and people just released things because they should exist, not for…
> be llama, check recent dash on DL > scroll down > dash filled with risk curators > wtf.jpg
Slippage for wBTC when selling 1M USDC is 0.03%. At 10M USDC, slippage is 0.55%. Deeper🕳️_yb
We’re gonna win so much, you may even get tired of winning. And you’ll say, ‘Please, please. Your yields are too high, your liquidity is too deep. We can’t take it anymore, @newmichwill, it’s too much.’ And I’ll say, ‘No it isn’t. We have to keep winning. We have to win more! _yb
_ @yieldbasis is coming github.com/yield-basis/yb…