DeFi_Dad

🔔 Turn on your Apple/Spotify notifications for a new @edge_pod dropping later today with @ethereumfndn Co-Executive Director, @tkstanczak.

👀 We ask Tomasz if this time's truly different for EF, and how EF's approach will work better on behalf of our dear ETH.

In December 2022, @coinbase $COIN was less than $10B market cap at a $31 low 😲

Up 10x since then, COIN has a $96B mcap at $375 😳

Keeping pace with $BTC the last year, it's up 75% 😱

The future of stock trading is onchain 😈

$COIN is live with 50x leverage on @GainsNetwork_io

Built on @arbitrum, powered by @ethereum

📈 http://gains.trade/trading#COIN-USD

I won't be at @EthCC but wish I was.

I do know quite a few founders / investors attending.

If you're going, like/comment below and I will try to connect you with others if I can help 🙋‍♂️

Am resisting the urge to ape $COIN at ATHs. So bullish it hurts. 🚀

1/ ICYMI Friday, we published a new issue of Yields of the Week in The Edge Newsletter...

Here are the top highlights for yield farmers across:
+ Stablecoins
+ BTC yields
+ ETH yields
+ @pendle_fi yields
+ Looping yields

🗣️ Join us tomorrow for a new Yield Talks space on The @edge_pod at 12 pm EST featuring @avantprotocol!

🟣 Avant CoFounder @RhettShipp will join us to share how they're elevating yield-bearing assets backed by hedge fund strategies onchain.

👉 RSVP: https://x.com/i/spaces/1dRJZYLpQRXGB

🏦 Crypto traders have long desired the same tools as TradFi to measure and trade volatility-risk.

📈 @volmexfinance bridges the gap with the world’s first crypto volatility indices for BTC, ETH, and SOL.

🎙️ Tune in for a new @edge_pod on Volmex!
https://pods.media/edge/yield-talks-how-volmex-helps-measure-track-and-trade-crypto-volatility

A great way to track the price of YTs and buy/sell is through @portals_fi UI. I believe it's the top app for trading @pendle_fi YTs outside of Pendle's own app.

⚡️ @sparkdotfi YT-USDS expiring Aug 13: https://explorer.portals.fi/yield/ethereum%3A0x4eb0bb058bcfeac8a2b3c2fc3cae2b8ad7ff7f6e?range=all&search=0x4eb0bb058bcfeac8a2b3c2fc3cae2b8ad7ff7f6e

As an investor in liquid tokens, what is more important to you when valuing a token, assuming that the token already earns a share of fees?

Fees: Total sum of fees earned by users + protocol

OR

Revenue: Total fees returned to the protocol treasury or distributed directly to tokenholders

And I would love to see comments why + examples of protocols that represent your preference for maximizing Fees or Revenue. Basically, which number matters more to you.

I've seen comments like this before 👀

Best to let @Nomaticcap cook 👨‍🍳

Subscribe for his new post on $SBET soon ☑️

👉http://the-edge.xyz👈

With $4B in deposits, @sparkdotfi is the largest protocol in DeFi without a token.

But that's about to change! $SPK 💥👀

@hexonaut explains it all in a new @edge_pod, plus how Spark Liquidity Layer grew into the largest onchain capital allocator. https://www.the-edge.xyz/p/the-only-top-5-defi-protocol-without-a-token-is-finally-launching-one

I'm still newer to how @FalconStable works for sUSDf holders but a great place to start is their Proof of Reserves page: http://app.falcon.finance/transparency

+ $654M in reserve assets backing $573M USDf minted
+ $628M offchain reserves vs $26.5M onchain
+ Staked USDf (sUSDf) earns 9.98% APY

Too many of you are sleeping on @aave Umbrella!

An updated version of the Safety Module called Umbrella went live to help cover shortfall events.

aToken stakers (lenders) can earn:
9.9% APY (aUSDC)
10.2% APY (aUSDT)
4.95% APY (aWETH)
5.3% APY (aGHO)

👻 http://app.aave.com/staking/?marketName=proto_mainnet_v3

🗣️ On Friday at 12 pm EST, we'll host a new Yield Talks session on The @edge_pod with @ColeGotTweets discussing how crypto volatility indices work with @volmexfinance.

🟠 BVIV for BTC
🟣 EVIV for ETH
⚪️ SVIV for SOL

RSVP 👉

$3000 is pre-programmed this week

$ETH

I cannot understand why Fidelity @DigitalAssets still offers trading only 3 tokens, one of which is $LTC.

It is 2025, not 2017 🥸

Can't we all just get along?

May all our bags teleport to new highs this year😎

You can't sit there and argue BTC is valuable for Bitcoin the network being live for so long, being so reliable, being uncensorable, and being so decentralized...

But then not acknowledge the same for Ethereum.

$ETH is the next most obvious bet in the market now.

This cycle, DeFi has seen the emerging role of “curators” across prominent protocols like @MorphoLabs, @eulerfinance and @term_labs.

So what’s a vault curator? 🤔

@Re7Labs has a new guest post in The Edge Newsletter. https://www.the-edge.xyz/p/re7-the-art-of-vault-curation-and-the-future-of-onchain-asset-management