A 🐻 market, or at least a 🦀, is here.
How are you going to sleep well holding 💩 coins that don’t make any 💰 as they lose 75% of their value? ➡️HINT: you’re not.
Here is a 🧵 of some passive income protocols I use to sleep 🛌💤 very well.
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How are you going to sleep well holding 💩 coins that don’t make any 💰 as they lose 75% of their value? ➡️HINT: you’re not.
Here is a 🧵 of some passive income protocols I use to sleep 🛌💤 very well.
👇
1) @CurveFinance is the center of the DeFi ecosystem. 44% APR is possible by perma-locking $CRV into $cvxCRV on @ConvexFinance.
➡️Price action of $CRV is labile due to ⬆️ emissions; emissions ⬇️ every August
➡️Folks dont understand $CRV emissions can be directed to ANYTHING 👀
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➡️Price action of $CRV is labile due to ⬆️ emissions; emissions ⬇️ every August
➡️Folks dont understand $CRV emissions can be directed to ANYTHING 👀
👇
2) @ConvexFinance is a boosting service & yield aggregator for @CurveFinance & @fraxfinance.
➡️$vlCVX aims to be a metagovernance token w/62% APR
➡️CVX has a majority governance over $CRV, & S👀N over $FXS w/$117M locked as $cvxFXS
➡️$cvxFXS LP = 38% APR in $CRV, $CVX, $FXS
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➡️$vlCVX aims to be a metagovernance token w/62% APR
➡️CVX has a majority governance over $CRV, & S👀N over $FXS w/$117M locked as $cvxFXS
➡️$cvxFXS LP = 38% APR in $CRV, $CVX, $FXS
👇
3) @GMX_IO is an @arbitrum & @avalancheavax based decentralized spot & perp exchange w/a $173M MC & a 7 day PE of 4.86 & 30 day PE of 5.4.
➡️$GMX earns fees in the non-native tokens of $ETH & $AVAX + escrowed $GMX @ 35.4% APR
➡️During volatility, $GMX = $1M in fees/day
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➡️$GMX earns fees in the non-native tokens of $ETH & $AVAX + escrowed $GMX @ 35.4% APR
➡️During volatility, $GMX = $1M in fees/day
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4) @DAOJonesOptions is a subDAO of $OHM that is a yield, strategy, & liquidity protocol for options, w/vaults that pay in non-native tokens.
➡️ $37m MC w/plans to expand to treasury management
➡️ Cofounded by @icecream (big 🧠)
➡️$ETH options vault/strategies earns APR in $ETH
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➡️ $37m MC w/plans to expand to treasury management
➡️ Cofounded by @icecream (big 🧠)
➡️$ETH options vault/strategies earns APR in $ETH
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5) @railgun_project is zk snark PriFI that pays fees to $RAIL stakers in whatever tokens are moved thru its smart contract
➡️Railgun can be used for private NFT based voting &/or NFT auctions
➡RAIL integrates w/DeFi dapps for private DeFi
➡️Millions already moving thru RAIL
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➡️Railgun can be used for private NFT based voting &/or NFT auctions
➡RAIL integrates w/DeFi dapps for private DeFi
➡️Millions already moving thru RAIL
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The dApps listed are just a few examples that I like which pay passive 💰 in non-native tokens to help make 🐻 & 🦀 markets more bearable.
TLDR:
➡️Dont settle for 💩 coins that dont pay yield
➡️Dont trust me or anyone else: DYOR so you can 🛌💤 well & feel comfy in your bags
🍌
TLDR:
➡️Dont settle for 💩 coins that dont pay yield
➡️Dont trust me or anyone else: DYOR so you can 🛌💤 well & feel comfy in your bags
🍌
📢Disclaimer:
I am personally invested & collect passive income from several of the tokens mentioned: $CRV, $CVX, $RAIL, $GMX. I am actively researching $JONES.
➡️Feel free to respond in the comments on any other protocols you like that pay in nonnative tokens. 🤝
I am personally invested & collect passive income from several of the tokens mentioned: $CRV, $CVX, $RAIL, $GMX. I am actively researching $JONES.
➡️Feel free to respond in the comments on any other protocols you like that pay in nonnative tokens. 🤝
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