APR / APY – I know, it’s the only thing most of you look at. Take a look at Farms scanner to compare yields. TVL – Total Value Locked is important here from two aspects: a) If it’s low it might mean the APR is going to decline soon when other investors will follow you.… Continue reading Things you need to consider before investing with stablecoins
Month: November 2021
How to invest in Frax Finance (Polygon) to get ±50% APR
Edit Jan 19 2022: their APR dropped dramatically, due to non voting for this pool. Since Polygon users can’t vote (according to time of writing), it seems unfair and I’ve complained in their Telegram – they doesn’t seem to care so I encourage everyone strongly to withdraw funds from Frax Finance ASAP and if you’re… Continue reading How to invest in Frax Finance (Polygon) to get ±50% APR
DeFi Tools
Portfolio viewer – DeBank, Zapper, ApeBoard (supports non EVM networks!). Swapping – I prefer using aggregator like 1Inch instead of directly DEX. Firebird and Paraswap works great also. Unfortunately the native DEXes don’t give results which can challenge those DeFi aggregators, however it worth mentioning some of them, even for reference – TraderJoe & Pangolin… Continue reading DeFi Tools
Mirror – Short, Long Buy Neutral (how to)
Background Anchor on Terra gives fixed ±19.5% APY. Mirror on Terra lets you trade popular US stock market assets. It’s not directly those stocks/securities, but crypto tokens backed by those assets, usually costs higher than market value of those shares. Mirror also have the option to short those assets, and also farm the assets –… Continue reading Mirror – Short, Long Buy Neutral (how to)
Risks
Well.. here is the ‘fun’ part. Smart Contract risk – bugs, hacks, etc. ‘Bank run’ – all investors will ask for their money back almost at the same time, the last ones will be left without liquidity. Stablecoin losing it’s peg – we’re talking almost exclusively on USD-pegged stablecoins. Some of them might get value… Continue reading Risks
Introduction to stablecoin yields
What is it all about? So… you’ve got some lousy interest from your traditional bank account. Something like 0.1-0.5% a year. They are actually taking your money and earn higher interest behind your back. With your money. You can invest in stock market, bonds, etc., they say ±10% a year is a fine one for… Continue reading Introduction to stablecoin yields
Stablecoin yields materials
My Portfolio – updated interactively
Background This portfolio was intended to share DeFi stablecoin yields and farming ideas. On the past months I’ve transitioned the vast majority of the funds into CEX for trading, cause after all trading in DeFi still doesn’t get close to CeFi yet – from liquidity and UX. Since it’s hard to maintain trading portfolio interactively,… Continue reading My Portfolio – updated interactively