DeFi Yield DuckEDITION #28, 27 January

Let's get our hands into Polygon!

With Delta.ThetaShare

Hey Moni Maker

Arch... kid, listen up. I was thinking, why should I go out every Wednesday night? When your head's pounding... I'll come out every Thursday afternoon now... 

The guys from Delta. Theta and Moni Talks agree! And who would ask them, ha-ha! Another update - I will now be parsing blockchains in my Digests. You'll see for yourself, kid. 

Let's walk! 

PARSING THE MARKET LIKE LEGO

Overall Legacy of the Week

I jumped off the rocks... said the market it and flopped to the bottom of the canyon. Then hit bottom and flew off a bit. Minus 20 yards of capitalisation from the top 10, TVL almost minus 30. It haven't flown like that in a long time, chief.

ETH, of course, is at the forefront of the plunge: minus 18 billion in TVL! 

Float of the week: Yield Protocol (+222%) 

BSC TVL is down, but the amplitude is not the same as Ether, of course.

Minus 20 per cent TVL at SOLANA.  

Plus of the week: Drift (+8.11%)

Polygon dropped 500 million. We'll be talking about this guy separately today.

Consolation of the week: DODO (+394%)

AVALANCHE, although down, didn't let Solana ahead. 

Leader of the week: YieldWolf (+88.97%)

FANTOM is again the only one on our top list to show growth. Perhaps this time, it's because of the integration with AAVE.

Opening of the week: Morph (+517%) 

Project News. Polygon Edition.

Ecosystem overview.

Since the beginning of 2022, the Matic guys have seriously ramped up - both in terms of technical development of the Polygon platform and marketing activity. Our team of farmer-degen-enthusiasts have noticed their efforts and decided to support a bit with some personal creativity.

GO GO GO HAHA HAHA!!!!

After approval of the EIP-1559 update, similar to an update of the Ethereum network, the block size was halved to 10Mb.  

This allowed the protocol to speed up and significantly reduce the amount of commission. It's worth mentioning the statistics of bridge usage: inflow of funds and growth of total amount of money in accounts. Polygon has become much more liquid, and it's suitable for everyone interested in it: players, developers, arbitrageurs, traders and degen-nft creators. 

The size may be small, it's +80m USD, but potentially pleasing; the main thing is that the trend does not change. All other mega analytics are refined too - more users, lower transactions, gas savings compared to Ethereum was 40 quid per transfer, almost 140m per day. Let's see in summer if Vitalik's brainchild can compete after launching eth2 ( or, as they decided to say now, "consensus layer") on equal footing.

Trends of the last quarter: p2e, DAO, NFT. Let's take a look at how things are going in these areas. 


Games

By far the most popular projects: 

Crazy Defence Heroes 
Revv Racing
arc8

In total, they generated 295k+22k+436k=753k targeted transactions in a week. And the number of active players (= blockchain users) is 80k. 

DAO


Collective meritocracy on a decentralised blockchain has centralised support. Polygon Ecosystem DAO is responsible for the development of this, most recently distributing grants to 9 smaller DAOs (Nexity, AMY DAO, DEFI Options, XSauce, 0xPandemic, Burning Mars, FINT, Hello Frens, Lucky Races). 

There's no one else on that list! There are metauniverses, games, defi, IDO platforms. In short, you can choose crypto-anarchists of all tastes and colours. And, while the chances of future success are still unclear, there's money at the startup - so there's alpha here, too. Probably. 

NFT NFT NFT

Overall, this trend is not as impressive in sales amounts as Ethereum. However, NFT is still popularising blockchain. It's noticeable that degen collectors on the Polygon network are much more active - the low commissions help satisfy the craving for the beautiful much easier and cheaper.

Phew! How was the review?! You can drop your opinion by the chat away now.

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

Today's special series of polygon farming. Plant stables in the Balancer pool from harvest.finance and you'll have a small (but stable!) harvest. 


Medium Risk

Peter Degen picked a peck of degen stables.

A peck of degen stables put in tetu


High Risk

Adamant's black farming is the art of the Necromancer,

he does it all in the Polygon kingdom (He also does 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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