2 Stallions, DeFi Juggernaut, and yield opportunities

19 Tem 2022

So I am currently looking at BTCUSDT ETHUSDT and FTMUSDT as a conglomerate thanks to the wonders of DeFi.

In the FFTM ecosystem (on BeethovenX) there is a pool that contains 25% BTC, 25% ETH, 25% FFTM, and 25% USDC. The pool is called "A Late Quartet".

Within Beethoven (beets.fi/ this pool yields ~31 apy (from providing liquidity and getting trading fees). This is DeFi, so there is no clown actor like crypto just experienced with Blockfi, Celcius, and the rest of that s*** show.

You can then move that liquidity pool over to POLONIEX:LQDRUSDT (liquiddriver.finance/) and stake in the related pool for an additional ~11%

This is now essentially holding BTC, ETH, FFTM, USDC - evenly distributed, for ~42% APY paid out in LQDR.

There are multiple routes you can harvest and deploy your LQDR into the fantom ecosystem and get another ~56% on those holdings.

With the distressed prices across each of the tokens listed above, I am willing to enter/average in to these pools over the coming days.

I'm getting bullish prints as you can see on my indicators. The yield does not hurt to get some cushion and make some $ even if the market goes sideways for a while. Not financial advice and do your own DD, but this looks like an asymmetric opportunity to me.

At the end of the day, I am mega bulling BTC and have been in that market for years, and use these opportunities to make some money and ultimately go back to BTC and it is king. Nonetheless, the is a good trading opportunity for myself in an efficient way.

Feel free to message me if you have any questions about anything mentioned above.