DeFi_Dad

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

And now I am bullish $CRCL

Recently, @songadaymann published his 6000th song!

⚡️Crypto Tax Nightmare⚡️

Although, I've not experienced the same extraordinary circumstances, I have been through my own crypto tax nightmare.

Here's some advice I wish someone gave me years ago...
https://www.the-edge.xyz/p/the-crypto-tax-trap-lessons-from-a-3m-windfall-and-a-personal-close-call

The last few years, there has been nothing I am more proud of than investing in, and sometimes just showing support through content, for great builders working on positive sum products onchain.

As an investor, I clearly want to bet on these teams but due to liquidity / bandwidth constraints / portfolio construction I can’t bet on everything. However, I sure AF try to be an open ally to those teams.

With The @edge_pod and The Edge Newsletter, @Nomaticcap and I will continue to lean into this philosophy of supporting great DeFi builders because if they succeed, DeFi succeeds, and we have maximum exposure there to capture the upside.

Don’t hesitate to hound us with interest any of the following:

+ Be a guest on the @edge_pod
+ Write a guest post in The Edge Newsletter
+ Get coverage in Yields of the Week
+ Ask for our attention on new ideas / protocols so we might start posting about them
+ Raising money for a new project

We do not charge for any of these things, it’s our job. Content first, above all else.

Holy ⁦@worldcoin⁩, looks like I need to get verified to earn 125% on USDC with ⁦@MorphoLabs⁩ 😳

Recently, I've been on the hunt for ways to get exposure to the upside on AI without going offchain, avoiding memecoins, focusing on real world AI demand linked to protocols/tokens onchain.

@gaib_ai is one of the best giga plays.

A yield-bearing asset backed by real AI demand (tokenized GPUs).

AID is the first AI synthetic dollar, offering yields backed by real-world AI demand from GPU financing deals.

AID is live on Ethereum and coming soon to @Arbitrum and @Base.

Here's the simple strategy:

+ On May 12th, GAIB's Spice Harvest campaign launched a liquidity bootstrapping program for AID, where users earn 1 Spice per USD per day on their deposits, which can be increased with early deposits warranting 10x the points in the first phase.
+ To get more leveraged exposure to this emerging protocol financing GPUs, go to @pendle_fi and search for these YTs: YT-AIDaUSDT or YT-AIDaUSDC, the USDT one has much deeper liquidity but both offer the equivalent of 40-41x leverage earning points.
+ Sit on those YTs through expiry in 68 days to maximize points towards a future airdrop.

YT-AIDaUSDT (41.5x leverage) 👉

Recently, I've been on the hunt for ways to get exposure to the upside on AI without going offchain, avoiding memecoins, focusing on real world AI demand linked to protocols/tokens onchain.

@gaib_ai is one of the best plays.

A yield-bearing asset backed by real AI demand (tokenized GPUs).

AID is the first AI synthetic dollar, offering yields backed by real-world AI demand from GPU financing deals.

AID is live on Ethereum and coming soon to @Arbitrum and @Base.

Here's the simple strategy:

+ On May 12th, GAIB's Spice Harvest campaign launched a liquidity bootstrapping program for AID, where users earn 1 Spice per USD per day on their deposits, which can be increased with early deposits warranting 10x the points in the first phase.
+ To get more leveraged exposure to this emerging protocol financing GPUs, go to @pendle_fi and search for these YTs: YT-AIDaUSDT or YT-AIDaUSDC, the USDT one has much deeper liquidity but both offer the equivalent of 40-41x leverage earning points.
+ Sit on those YTs through expiry in 68 days to maximize points towards a future airdrop.

YT-AIDaUSDT (41.5x leverage) 👉

One of my favorite crypto analysts on YouTube—@intocryptoverse really does an amazing job delivering objective insights using onchain analytics. This is a great 6-min video to watch. https://youtu.be/Is7v_45oxoM?si=opKKeZrSyhr-xOdJ

Friendly reminder, slvlUSD is earning an eye-popping 10.72% APY with underlying yield sources of only @aave + @MorphoLabs.

You can mint lvlUSD and stake it for slvlUSD on @levelusd or just go direct from stablecoins (ie USDC or USDT) to slvlUSD using @CoWSwap.

🐮

Here's a simple strategy more ought to know about, especially if you've got size to earn with stables onchain. Even if you have $100M or more, it can easily be put to work with Coinshift csUSDL thanks to CoWSwap's integration with csUSDL. Here's how:

1⃣ Borrow wUSDL on Morpho for under 1.6%
2⃣ Swap wUSDL for csUSDL on @CoWSwap
3⃣ Sit back and earn 11.77% APY (includes SHIFT rewards) or loop it up to 6.3x on @GearboxProtocol

This is strategy is ideal for anyone holding on Eth L1:
+ cbBTC
+ WBTC
+ wstETH
+ PAXG
+ csUSDC

Or if you just hold stables and want to put them to work!

First, you can borrow wUSDL against these collaterals on @MorphoLabs on Ethereum L1. wUSDL is a yield-bearing stablecoin backed by t-bill yield (3.7% APY).

So you're borrowing wUSDL for under 1.6% and earning 3.7% APY for just holding wUSDL, but wait, there's more!

🦋 Borrow wUSDL on @MorphoLabs: https://t.co/P1oDUIsGHj

Step 2 is deposit the wUSDL into @0xCoinshift's csUSDL earning 11.7% APY, including bonus SHIFT points towards a future SHIFT token airdrop, estimated currently at 7.5% based on a $150M FDV for SHIFT.

🐮 Swap wUSDL or any stable for csUSDL:

On Feb 5th, @Nomaticcap wrote a post in The Edge Newsletter arguing why the cycle's not over according to onchain indicators.

After a new ATH of $109k, BTC dropped to $95k by Feb, and would go on to bottom around ~$75k.

Here's his latest update... 🐂📈

Three types of men walk into a bar...

A crypto guy
A poker guy
A golf guy

The catch is they're all just one guy, @JMPlusEV!

Tune in for a new @edge_pod Friday on @GolfNApp, a new rewards app built on @solana, about to launch with 40k+ golfers waitlisted to get paid to golf ⛳️