DeFi Yield DuckEDITION #22, 08 December 2021

Don't worry, kid; the market will be fine!

With Delta.ThetaShare

Hey Moni Maker

Yes, brother, the market is in limbo... you know, when you hook up with a chick at night, and you don't remember shit in the morning, and you realize - are you a dad or not...? 

The guys from Delta.Theta and Moni Talks are here, confused, too. They say, "Well Yield Duck, tell us how to live our lives"...phew, you Zoomers and Millennials! All right, all right. 

This is Farm Milka. My name is Yield Duck. Let's walk!

PARSING THE MARKET LIKE LEGO

Overall Legacy of the Week

DeFi's capitalisation has fallen to September levels, TVL has stopped growing, everyone is sitting nervous and does not know what to do... Take it easy, kid! This is not the first time we have had such turbulence in the market, and there is no growth without corrections! And now, let's talk about the essentials...

Ether has slowed down in the growth of locked assets, which is not surprising in such a market. Read for now how Vitalik sees the future democratisation of his brainchild.

Champion of the week: Universe Finance (+613%) 

The so-called "killers" are still a long way from Ethereum, but BSC is close. CZ, what shall we do?

Gainer of the week: Solo Top (+173%)

SOLANA lost almost $3 billion in TVL for the week. 

Boost of the week: Pole aggregator (+229%)

Building a barn on the farm, I think to use TVL Polygon chart instead of the level... And the token itself, by the way, is actively growing.

Consolation of the week: Crystl Finance (+90.51%)

AVALANCHE has overtaken Solana in terms of locked funds, but it seems that the almost relentless growth of this figure has stopped.

Leader of the week: Maximizer (+247%)

FANTOM dropped $800 million TVL but acquired an interesting DEX in its network.

Opening of the week: ola finance (+56.16%)

Projects' News

BSC

Binance Smart Chain and Animoca Brands are launching a $200M fund to invest in p2e projects. Both companies will contribute up to $100 million to invest in early-stage projects. Animoca Brands is an investor in NFT and metaverse projects.  It owns a majority stake in the metaverse game The Sandbox. It has invested in Axie Infinity as well as the NFT platform OpenSea. The company is valued at $2.2 billion after a $65 million funding round in October.

1Inch

This week, 1inch announced the closing of a $175 million Series B funding round led by Amber Group. The AMM aggregator will spend additional capital on expanding its development team and developing new protocols to enable access to DeFi for institutional investors.


Solana

Neodyme, a team of cybersecurity enthusiasts, tweeted that they had found a vulnerability in the Solana software library (solana-program-library). Using this bug, attackers could theoretically steal millions of dollars from the Tulip, Solend and Larix protocols. The guys helped the developers to fix the vulnerability and wrote a post about how they discovered the bug.

Bancor

Bancor has announced version 3 of its multi-asset AMM protocol, which improves order routing efficiency and introduces significant new protections against volatile losses, which are now available from day one when liquidity is provided unilaterally. Liquidity mining rewards are now also automatically aggregated, and third-party projects can offer LP incentives to their pools.

YELD REVIEW | FARM THEM ALL

I'm not Milen Farmer. I'm a Farmer.

And now I'm going to share some interesting farming ideas with you. I've listed them down into three parts by risk profile: low, medium, and high (IT’S REALLY DANGEROUS).

Even though Delta.Theta did a good analysis, DYOR on your part is necessary! DYOR is a f@cking mask when you walk into a store! You can't go into projects without it! Gooooo!

Low Risk

A farm wizard from Gem City will fly in and give you...fruit ice if you throw in some stables.

Medium Risk

Universe finance offers an exciting option where you can throw in any one asset from a pair or both at once—all in all, a DYOR.  

High Risk

Nuclear auto-compound steaming mojitos on the Kucoin network. Maybe they'll be launching a launchpad soon too. Strong DYOR.

Anyway, if you lose the money, don't even think about coming to my ranch. I'll cut your ass off and you won't be able to sit in crypto anymore. All right, I'm kidding. I'm gonna go finish my milk and go to sleep.

Follow my homies everywhere. Otherwise, there won't be any more digests!

Delta.Theta: Twitter and Telegram.

Moni Talks: Twitter and Telegram. And leave your feedback in the chat. If you don't, I'll shoot you in the face. See, farmer.

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