Today we're launching a product that's been in the works for months: Delta Neutral Yields It uses our huge DB to find opportunities where you borrow a token and then farm with it With this you can get >20% APY on BTC, ETH, USDC... Thread on how to get that APY + examples
Leveraged farming of AVAX staking 1. Deposit BTC.B on aave 2. Borrow AVAX 3. Stake it to get sAVAX 4. Deposit on aave to borrow AVAX again 5. Repeat this to leverage the farming This nets you an APY of 21.96% on your BTC with only exposure to aave and AVAX liquid staking!
@DefiLlama Pretty cool! Love your dashboards. Now if only there was a way to quantify the smart contract risks of each protocol in there too 😅 Lost money to DeFi hacks multiple times so tend to be super conservative since then
@DefiLlama you're gonna announce a delta neutral product on a saturday. the balls. i'm sold.
@DefiLlama Met these folks today. They were celebrating your launch
@DefiLlama DefiLlama casually building the best tools in the middle of the bear. Bless. 🦙
@DefiLlama @0xminion God! I finally understand 🥹🥹🥹 @0xpunkgod hallelujah
@DefiLlama What's the link to try it out? Love it. Single-sided yield for $sAVAX, $AVAX, $WBTC, $BTC.b on Vector makes this type of strategy really easy to imagine.
@DefiLlama This is huge thank you for your service to the space 🫡 Does this have an API we can use for @Barn_Bridge & @q_dot_xyz?
@DefiLlama What if we lose money to @avi_eisen 's highly profitable trading strategies
@DefiLlama The amount of SC research to be done to understand the Counterparty risk seems super high to use this at its full potential
@DefiLlama Having a dashboard of these yields means that they will revert to lower yields pretty quickly… not super useful in that respect.
@DefiLlama @mewn21 Amazing tool, exactly what I've been looking for. Will use this in combination with @DefiSafety for checking protocol risk. High yields mean nothing if the protocol you uses gets hacked.
@DefiLlama I'll just leave this here btw : Defillama.com/donations GO Donate.
