Can TON DeFi stablecoin nesting yield an annualized return of 20%? Recently, while preparing the weekly report content and podcasts for @yie1dclub, I happened to see a few updates from @TorchTon regarding stablecoin yields. Overall, the TVL of @ton_blockchain has retraced from the peak of over 700 million USD last July to now about 150 million USD. Nevertheless, this wave of TON ecosystem projects feels more solid and closer to the essence of DeFi. In addition to simple stablecoin staking, it also integrates interactive gameplay with yield tokens (yield trading). Here are a few highlights summarized by the new sauce:
> Torch is a TON ecosystem project supported by @CurveFinance, currently featuring two core products: (i) Stableswap; (ii) A stablecoin for DeFi yields, tgUSD. > tgUSD currently has an annualized yield of about 10%, with a TVL of roughly 3M USD, and the underlying stablecoin is allocated to ETH/Aptos/TON. > tgUSD has launched an airdrop event for 2 months, where participants can earn points by completing DeFi operations such as providing DEX liquidity. > The interaction volume on decentralized exchanges on TON is relatively low, so the annualized returns for several DEX stablecoin LPs are not high without official subsidies. It is recommended to stake tgUSD in @FivaProtocol for a three-fold benefit: the implicit yield of tgUSD, a 10% annualized yield from the FIVA pool, and FIVA protocol points. However, be mindful of the expiration dates and regularly check the yield changes of your positions.
If you're interested, you can check the current airdrop task page for participation opportunities:
Gm frens @yie1dclub ui/ux is revamped a bit to show: 🏦 TVL measured by K/M 🪙 Whether it's single-token or multi-token deposits ℹ️ Actual yield sources across protocol(s) ⛵️ Sorting by TVL or APY
UI/UX will go live once we hv fixed all optimizations!
Also merch coming soon for @yie1dclub OG stay tuned kek
Listening to the podcast on @hyperdrivedefi by @2lambro + @ManoppoMarco
interesting highlights: > hyperliquid may surpass binance in 3 yrs (just predicting) > u need to counter-trade cain on hyperliquid to become the best trader > hyperdrive is live and as a money market u can supply + borrow assets atop but pools are capped tight for risk management; total value supplied is already over 9M+ > 11:56 - 17:00 u need to check out the ui/ux walkthrough + airdrop alpha
CT shud definitely consider enabling the emoji reaction feature for audience, i want a post a 😂 every 15 sec
Currently using $BTC assets to borrow stablecoins $USDS, $USDC, or $DAI on the @sparkdotfi platform for mining or other trading operations, and by writing content on Twitter, you can earn SNAPS points from @cookiedotfun. This time, the new sauce recommends if you borrow $USDS with $BTC from @TheTNetwork to earn double-digit annualized returns 🧵
> Currently, the Spark platform can cater to three demands simultaneously, including (1) supply; (2) as collateral; (3) the borrowed Bitcoin assets are only $cbBTC and $tBTC. If you want to borrow $BTC wrapper, the lending rate for BTC is lower than that of other borrowable assets, with the current rate for $cbBTC at 0.1% APY and $tBTC only requiring < 0.01% APY. > The minting mechanism of $tBTC is relatively simple and direct compared to $wBTC. You just need to send BTC to a specific Bitcoin address managed by https://t.co/h538fiPuAO to lock it. The Threshold node will monitor the Bitcoin blockchain to verify whether this deposit transaction is valid. Once the Bitcoin deposit is confirmed, the Threshold smart contract will mint an equivalent amount of tBTC tokens on Ethereum. The minted tBTC maintains a 1:1 peg with the locked BTC. > So if I deposit $tBTC, where should I store the borrowed $USDS / $DAI? Currently, the borrow APY for stablecoins on the Spark platform is 5%. Converting stablecoins to $crvUSD or other types of stablecoins on Ethereum also yields quite good returns: (i) The yield for depositing $reUSD in @ResupplyFi's insurance pool is 21% (ii) The $fxSAVE automatic compound vault of @protocol_fx has an annualized return of 11% (iii) Depositing $USDC in @TokemakXYZ, the project will allocate stablecoins to other DeFi projects to optimize returns, with an annualized return of about 10% (iv) Many stablecoin pools on @ConvexFinance can provide veCRV boosted returns of over 20-30% annually (v) Finally, of course, is the yield pool of @pendle_fi, where several LPs including @levelusd, @GHO, @ethena_labs, @protocol_fx, etc., can offer double-digit returns. Directly depositing $USDS into Pendle's LP or buying YT can also earn you an additional 25 SPARK points daily.
Here’s the registration link for the new sauce on Spark:
AI electricity consumption could exceed BTC mining by end of 2025 driven by specialized AI hardware production + deployment according to a research published by Alex de Vries-Gao from Vrije Universiteit Amsterdam
Some quick digests: - AI vs BTC Energy Consumption: While BTC relies on specialized mining rigs, AI depends on dedicated chips (primarily NVIDIA, with some from AMD). Alex estimates AI’s energy consumption could reach 46–82 TWh annually by 2025, potentially surpassing BTC mining footprint, which is known for energy-intensive. - The projected 46–82 TWh for AI hardware matches the annual energy consumption of entire nations like Switzerland = this speaks for the massive scale of AI’s energy demand. - Seems like AI’s rising energy needs could strain electrical grids and increase fossil fuel reliance which could complicate global decarbonization efforts
Stablecoin savings yield in @bucket_protocol on @SuiNetwork looking decent
> You deposit stables to mint $BUCK, PSM fee is 0% now > Bucket helps u stake your $BUCK in the pool to earn 30% APR in $SUI tokens > No lockup and you can withdraw anytime
Share a strategy for collateralizing Ethereum to earn multiple benefits @pendle_fi @protocol_fx @Equilibriafi @MorphoLabs
> By collateralizing $ETH through @AltitudeFi_, earn @LidoFinance rewards and $ALTI tokens, currently with an annualized return of about 10%, then borrow $USDC. The unique aspect of the project is that unused LTV will be automatically allocated to @MorphoLabs to earn income to repay borrowing interest. > The borrowed $USDC can be directly deposited into @pendle_fi's $fxSAVE LP pool through @Equilibriafi, currently yielding about 18% annually with Equilibria's vePENDLE 1.9X boost. > For information on the fxUSD + fxSAVE mechanism and risks, please refer to @ViNc2453's tweet: https://t.co/1VrymTZSLq > After deducting Altitude's 4% borrowing interest, the annual yield is 24%. > Previously, @protocol_fx offered a retrospective airdrop to leveraged trading players; it's uncertain whether future fxSAVE deposit users will receive any good benefits, but storing this annual yield for now is quite appealing.
Shinchan spent only crypto for my trip to croatia this week using @0xinfini debit card. Gd thing abt infini card is that they have reduced the commission fee and it is now as low as 0.1%. Plus I settled everything with my apple pay which is quite convenient.
Feel free to apply one for trial if u r interested: https://t.co/9CRm1K8gif
One tip if you are traveling in croatia - if they give you an option to settle credit card conversion in euro or usd, choose euro only as there involved an intermediate conversion charge for USD at like 6-8%.