DeFi

/defi4601

DeFi Dynamics. Exploring the Future of Finance.

Compound Blue is ripping
318911
Paperclip Labs
@papercliplabs·10 hours ago
4 Vaults → 5 Weeks → $55M+ TVL

compound.blue Vaults' success rests on four pillars, a testament to composability

Permissionless infrastructure @morpho
Low fees and high throughput @0xpolygon
Risk-optimized curation @gauntlet
Reward distribution through @merkl-xyz
4 Vaults → 5 Weeks → $55M+ TVL

compound.blue Vaults' success rests on four pillars, a testament to composability

Permissionless infrastructure @morpho
Low fees and high throughput @0xpolygon
Risk-optimized curation @gauntlet
Reward distribution through @merkl-xyz
/DeFi
oh there was a problem with morpho again a few days ago?

farmed a small amount of stables on there, moved everything to aave

there is just too much counterparty risk (strategies + morpho SCs) for not that much more yield

it‘s just not worth it
Simplified my stablecoin farm (savings account) a lot today. Will save me a lot of pain and bridging fees in the future 😺 Also borrowed some more EURe on aave to farm that sweet 6% incentive 👀
What's are the best stablecoin yields out there right now?

Struggling to find anything above 5-6% for stablecoin majors 🥹
What are you excited about in the Defi space on Base?

I am excited about @maxapy
Any interest in a channel focused on DeFi thats not about gambling, memecoins, pure speculation and more about sustainable systems, revenue, and utility.

also whats a good name for that type of defi?
🔔 Weekly industry update

🛡️ OpenCover
🔹 Shadow and @pooltogether are officially live on OpenCover.

🚨 Hacks
🔹$5m worth of ZK tokens were stolen from a compromised ZKsync admin account.

🌀 Protocols
🔹 @euler was awarded a 500k OP grant to bring the lending app to @optimism.
🔹 @superform will launch its Rewards Program on Apr 21 > https://mirror.xyz/superform.eth/gKG0U1vPlsBqgyjexCj5Klj6NazxjKo4igKTEQw6OHM
🔹 @extrafi XLend's total market size reached $3 m+ in 6 weeks.
🔹 @moonwell vaults on @base and Optimism are now tracked on @defillama.
🔹 Staking and governance are live on @termlabs.
While we’re on our 24765th chain being launched…

My thoughts;
If you’re launching a chain and doing pre product token, you’ll be selling yourself short if you don’t have that “click” that’ll keep people coming to your chain.
I'd rather see DAO treasuries raise funds and rotate the cash into this than sitting on cash and handing apparently locked tokens on CEX for market makers to blow up tbh
448086
Davide
@0xdavide·5 days ago
VanEck has proposed a new ETF called $Node that will be exposed only to the crypto world. This is a product that will include 30-60 stocks including:

-Up 25% crypto (ETP and ETF)

-Exchange, miners, data centers

-Hardware, energy sector, TradFi rails

-Consumer, gaming, asset managers (Strategy, Mara Holding, etc)

$Node will therefore provide diversified exposure to the entire sector, without the need to expose oneself to a single stock (thus lowering the risk). The launch will take place on May 14, 2025.
🛡️ NEW COVER LISTED 🛡️

@pooltogether is now live on OpenCover 🚀

Stay safe on PoolTogether - protect your assets against onchain risks with @nexusmutual.

Save $50+ in gas fees on L2.

Learn more and get covered 👇
https://opencover.com/pooltogether
https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/6aa5de7c-a6de-4ca4-f346-f5dc18e76d00/original
On this day in 2020 I locked some $ETH and $PICKLE on pickle.finance for max return in 5 years

Today, I won’t be able to claim the rewards because the address was compromised in late 2022 and the hacker has full control over it

I almost can’t believe what have happened to me in crypto during these years
Losses from smart contract bugs are going down, while losses from counterparty risk and custody are going up.
https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/bfc737df-b951-4f1d-9f70-4021b9073400/original
/DeFi
🛡️ NEW COVER LISTED 🛡️

Shadow is officially available on OpenCover 🚀

🔸 Keep your assets safe on Shadow with @nexusmutual and streamline cover management.

Learn more and find onchain peace of mind 👇
http://opencover.com/shadow
https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/8cbe1e4c-3067-44a1-b78e-3b6bdce41600/original
/DeFi
The MOVE cofounder just market selling is just sad. The new crop of crypto founders don't even have the decency to do what Egorov did and perpetually borrow against your token allocation.

We used to be a society.
Loading...
Your counter asset going up does not inherently help the pair rise in price.
Loading...
Building the future financial system of the Internet with @morpho 🫴🦋

Morpho is the second largest lending protocol, capturing +$4B in deposits
Loading...
/DeFi
My humble political ETH opinion:

Cypherpunk ideals are dumb and we should adopt more of the viewpoints of the extropians. The extropians believed bottom up financial technology is a massive unlock for society and its ability to absorb swaps of time and risk. It allows your society to think longer term and not get rekt, and if you look at how people move from poverty to wealth, its essential to getting there.

Considering the EF has to be begged to use the products, you can see they look down on this. The reality is DeFi is the fundamental thing with traction and use cases that everyone can use to engage in global finance and secure property rights.

The punks are anti-finance to a fault. You cannot gain traction and users with promises of kumbaya. Ethereum is far too punk, where we ostracized financial primitive protocols that give much more power to users than any technology ever could have. By silencing the financiers, you only left the loudest scammers with huge marketing budgets in the room.
880094
anoncast
@anoncast·13:04 15/04/2025
ironically, "believe in something" was a call to build more than just coordinated value extraction.

then a bunch of cabal interns appropriated it to shill ETH.

but hey, I guess we can wait for your kids to learn that you intend to be navel-gazing boomers.