DeFi Yield DuckEDITION #24, 22 December 2021

Crypto Santa, where's the f@cking pomp?!

With Delta.ThetaShare

Hey Moni Maker

I'm not in the mood for another Digest in a row. I'm bored with this market, nothing new, it's the same every year. I look at the guys - hamsters are hamsters... sitting, waiting for x's, like they're downloading porn on slow internet. 

Well, it's not time to get depressed - you'll still have time to lie face down in a salad at a corporate retreat with your fellow idiots. Delta.Theta + Moni Talks. This is Yield Duck, Farm Milka Ranch. Let's walk!

PARSING THE MARKET LIKE LEGO

Overall Legacy of the Week

The charts are drawing us to a market consolidation with signs of a rebound soon... I hope it happens because we're all waiting for a Christmas present from Crypto Santa... And if not, I'll burn the f@ck out of him right down the chimney! 

ETH added a little to TVL, but that's no longer interesting. I wonder about 2.0 and what kind of Kintsuga it is.

Champion of the week: Paladin Finance (+120%). 

BSC TVL is lying around, resting. Henceforth it's not the second blockchain in terms of locked funds.

Gainer of the week: KnightSwap Finance (+111%)

SOLANA  TVL is up 300 million from last week, and old girl Trump will nail the NFT.

Boost of the week: Invictus DAO (+25.24%)

Polygon TVL is up for the first time in a while! And even up 250 million. 

Consolation of the week: Tesseract (+174%)

AVALANCHE overtakes Solana on TVL, gets listed on Kraken and enters the top 10! Pow pow.

Leader of the week: ICE DAO (+205%)

FANTOM is up quite a bit. Perhaps this is due to the recent hack.

Opening of the week: Robo-vault (+319%) 

Projects' News

Yearn Finance

Yearn Finance, a decentralised financial protocol, has announced that it will aggressively buy back its native YFI token. In response, the price has already soared (by more than 30%). This offer has not yet gone through but seems to have impacted the market.

Fei protocol

After less than a month of discussion and voting, both DAOs have implemented one of the most significant mergers in DeFi history. On Tuesday, the vote to merge Rari Capital and Fei Protocol was approved by members of both DAOs. The measure passed by a margin of 93% to 1% among RGT Rari holders and 90% to 0% among those with TRIBE Fei. The projects will be merged under the TRIBE token in the future.

Allbridge

Back in October, Allbridge announced its forthcoming integration with Aurora. And now, the long-awaited cross-chain project with Near and Rose has been launched. NearPad aims to become Aurora's DeFi-hub with a suite of products offering an intuitive DEX AMM, a Launchpad and incubator. Users will place Terra assets on DEX in incentivised pools for profit. Rose is the liquidity tier for Aurora, which will support the UST/USDC/USDT/DAI pool, where users will be able to generate returns on fully stable assets.

Lido

Lido integrates the first of a series of Chainlink price feeds to enable DeFi protocols on leading blockchains to quickly and securely support assets backed by the Lido rate. With the stETH/USD price feed now available on the Ethereum network, DeFi projects can now access the Chainlink oracle at any time to get the current stETH price in essential on-chain functions. The stETH/USD Chainlink Price Feed is already collectively used and sponsored by a decentralised community of users, including Aave, Compound and Enzyme.

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

Many central banks have raised the rate, deposits have become more profitable. But do they compare to the USDC deposit from Robo-Vault?

Medium Risk

Anchor is now growing incredibly fast, as is the entire Terra ecosystem. You can get your profits on Apollo from this. DYOR. 

High Risk

Mojito is the #1 DEX on the Kucoin chain. And on Kucoin itself hasn't listed yet... well, you get the idea. No financial advice, 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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