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So after all these years do we still not have a way to speculate on oil price in defi? I remember sOIL on synthetix, when was it maybe 5 years ago? If there is a way today please let me know.
So after all these years do we still not have a way to speculate on oil price in defi?

I remember sOIL on synthetix, when was it maybe 5 years ago? If there is a way today please let me know.
10000 veVIRTUAL (~$20,000) max 2 yr lock = ~50000 points per day 50000 points per day = ~$600 per day (IRIS example) $600 per day = $219,000 per year Yield of max lock veVIRTUAL (excluding other airdrops) is ~1000% APR Overestimate because future tokens unlikely as good as $IRIS, underestimate because excluding other airdrops. Anyway APR is high even if consider the VIRTUAL lock as a burn. @virtuals_io
10000 veVIRTUAL (~$20,000) max 2 yr lock = ~50000 points per day
50000 points per day = ~$600 per day (IRIS example)
$600 per day = $219,000 per year
Yield of max lock veVIRTUAL (excluding other airdrops) is ~1000% APR
Overestimate because future tokens unlikely as good as $IRIS, underestimate because excluding other airdrops.

Anyway APR is high even if consider the VIRTUAL lock as a burn.

@virtuals_io
Gold up 3% and bitcoin down 3%. That likely corrects over next couple days as investors take over traders influence of bitcoin price. Bitcoin is an even better safe haven asset than gold, but traders dominate the first few hours of surprise negative news.
Gold up 3% and bitcoin down 3%.

That likely corrects over next couple days as investors take over traders influence of bitcoin price.

Bitcoin is an even better safe haven asset than gold, but traders dominate the first few hours of surprise negative news.
Very pleased some of my ETH was fully redeemed on liquity a couple days ago. Will buy back at 20% discount.
Very pleased some of my ETH was fully redeemed on liquity a couple days ago.

Will buy back at 20% discount.
Running a liquity pool at low APR and getting redeemed feels a bit like running out of range on concentrated liquidity. Except with the fees when price goes down again you realise you made a profit inadvertently. Like a reverse liquidation.
Running a liquity pool at low APR and getting redeemed feels a bit like running out of range on concentrated liquidity.

Except with the fees when price goes down again you realise you made a profit inadvertently. Like a reverse liquidation.
The 11 million virtual point bidder has $700k of VADER staked and locked for a year. Probably best way to earn points.
The 11 million virtual point bidder has $700k of VADER staked and locked for a year.

Probably best way to earn points.
The new generation base degens will need use ethereum mainchain for first time to pick up their $IRIS.
The new generation base degens will need use ethereum mainchain for first time to pick up their $IRIS.
I've started locking stuff up for years again. Going to extend my veCRV to 2029 also. Prepping for next cycle.
I've started locking stuff up for years again.

Going to extend my veCRV to 2029 also.

Prepping for next cycle.
Crypto investing isn't difficult. HODL and short USDC.
Crypto investing isn't difficult.

HODL and short USDC.
High yield LPs BTC/USDC, ETH/USDC, ETH/BTC always happy regardless of daily prices. Price up worth more on paper. Price down autobuying more BTC or ETH. Price sideways daily yield ticking along in background.
High yield LPs BTC/USDC, ETH/USDC, ETH/BTC always happy regardless of daily prices.

Price up worth more on paper. Price down autobuying more BTC or ETH. Price sideways daily yield ticking along in background.
USD will collapse in next few years. Bitcoin will be tens of millions of dollars. Billions maybe. This wont be good.
USD will collapse in next few years.

Bitcoin will be tens of millions of dollars. Billions maybe.

This wont be good.
Whilst everyone is following James Wynn, the true whales are relaxing in another league, simply looking forward to the inevitable 5 figure $ETH. https://debank.com/profile/0x28a55c4b4f9615fde3cdaddf6cc01fcf2e38a6b0
Whilst everyone is following James Wynn, the true whales are relaxing in another league, simply looking forward to the inevitable 5 figure $ETH.

https://debank.com/profile/0x28a55c4b4f9615fde3cdaddf6cc01fcf2e38a6b0
As the genesis virtuals launches start their unlocks, expect some shift back to OG virtuals tokens. They are fully distributed with significant amounts burnt already.
As the genesis virtuals launches start their unlocks, expect some shift back to OG virtuals tokens.

They are fully distributed with significant amounts burnt already.
Nothing better than a yield farm when price of your product is going up. Never thought I'd be bull posting $UNI
Nothing better than a yield farm when price of your product is going up.

Never thought I'd be bull posting $UNI
Positive flow into bitcoin ETFs insane over last couple weeks. Ethereum ETF flow not bad either. Data thanks to https://farside.co.uk/btc/
Positive flow into bitcoin ETFs insane over last couple weeks. Ethereum ETF flow not bad either.

Data thanks to https://farside.co.uk/btc/
My back of envelope estimate is 20000 virgen points very roughly has value of about 1000 USD on virtuals. If you turn that into an APR for staked agents it's very high.
My back of envelope estimate is 20000 virgen points very roughly has value of about 1000 USD on virtuals.

If you turn that into an APR for staked agents it's very high.
First make the yield farm then make the utility.
First make the yield farm then make the utility.
Virtuals ecosystem is crypto's best yield farm in disguise.
Virtuals ecosystem is crypto's best yield farm in disguise.
At least my free infinex patrons made up for the losses burning lernitas. Looks like infinex season picking up now.
At least my free infinex patrons made up for the losses burning lernitas.

Looks like infinex season picking up now.
Easy to be retrospective, lets be forward looking on this @virtuals_io genesis insanity: $MAGNUS $BOOKIE and $SOLACE will probably all >10x in next 4 days. Remind me on 1 June and lets see the outcome.
Easy to be retrospective, lets be forward looking on this @virtuals_io genesis insanity:

$MAGNUS $BOOKIE and $SOLACE will probably all >10x in next 4 days.

Remind me on 1 June and lets see the outcome.
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