DeFi Yield DuckEDITION #33, 29 April

We're about to take off! Here we go!... Ugh...

With Delta.ThetaShare

Hey Moni Maker

Hey, dorks! Are you still waiting for the pump? Or a dump? Whatever. I'm not in the mood to speak today. 

The guys from Delta.Theta and Moni Talks came to me. They say we should talk about the market. Let's walk! 


Overall Legacy of the Week

We have established by not entirely clever calculations that we have been at a f@cking plateau in the capitalisation of the defi-sector tops for almost three months now. And all three months, we have been "about to take off, to pump soon".

The total TVL of all blockchains made it down by 5 billion in a week.

Etherchez drained 2.8 billion in a week. There's nothing more boring than commenting on these mouse movements on the down-trend…

Avalanche saves the balance and drops just 300 million in a week. Where's the amplitude? Where's the amplitude?!

Solana minus 150 million... Oh November 2021...we miss you, bro...

Projects' news

The 1Inch DAO has published another proposal. It involves the integration of Balancer Boosted Pools into the 1Inch protocol three weeks after adoption in exchange for a grant of 20K BAL (or the equivalent in stable coins) from Balancer DAO to 1inch Labs. The Balancer Boosted Pools to be integrated should include bbaUSD (DAI/USDC/USDT) and bbfUSD (FEI/LUSD/DAI). According to the description, support for the pools mentioned would unlock $350m of TVL for the 1inch Aggregation Protocol and allow it to access low-cost liquidity for trade routing at the time of integration and much more TVL in the future as Boosted Pools continue to be implemented.

Seven blockchain infrastructure companies have added support for Pyth Network, Solana's blockchain-based oracle. These include Everstake, P2P, Syndica, Figment, Triton, Coinbase Cloud and Blockdaemon. These companies will support Pyth data providers and help them maintain their node infrastructure. Pyth Network's Oracle aggregates off-chain data needed by applications in the decentralised finance sector.

After several years of development, Evmos (formerly Ethermint) has gone live on the Cosmos network. Users and developers can now access it as an L1 blockchain in Cosmos, whose ecosystem contains more than 250 applications and services. In particular, the launch of Evmos will allow users to deploy smart contracts and assets from Ethereum and use them in the Cosmos ecosystem.

DeFi platform Deus Finance confirmed reports of the hack on Wednesday night. Two well-known blockchain cybersecurity companies, PeckShield and CertiK, said Deus Finance had been subjected to a "flash loan attack".  PeckShield said the attacker stole about $13.4 million worth of cryptocurrency but noted that the platform's actual losses could be more significant. CertiK estimates the loss at 5,446 ETH, or about $15.7 million.


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
It's simple: put the DAI in Tokemak, then get the DAI and TOKE. Just find out more about it...

Medium Risk

This is not complicated: you pop into Homora and put Avalanche paired with UST to get 50 per cent APR. Maybe even 25 APR, don't get your hopes up. Or perhaps you'll get rekt :) 

High Risk
Solana can help you make good money if you hold a high hype bego-token. Even without leverage, it's perfect. But no less dangerous, 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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