Daily Crypto NewsEDITION #23, 15 December 2021

Is the market in A$$?

Hey Moni Maker

I'm sick of it all... sometimes I wonder why I'm here. I'd sell my ranch and go down south... lie around, drink beer, pick up young chicks... 

So how are you guys doing without me? Delta.Theta and Moni Talks are at the base again. They say there's something wrong with the market. I have to explain everything to them... 

As long as I live, the market lives. This is Yield Duck. Farm Milka Ranch. Let's walk!

DeFi's capitalisation is going down, Chief. TVL too. All because bitcoin, in many people's minds, is still the centre of the universe. Even though it hasn't been that way for a fucking long time! How do you explain it to them?...kick up the ass or something.........

Ether dropped 11 billion TVL, but gas was happy with its discount a couple of days ago. I wish it were always like this!

Champ of the week: Orion protocol (+146%) 

BSC didn't lose that much weight, but to lose something, you have to gain something first...

Gainer of the week: Mars ecosystem (+223%)

SOLANA, of course, also dropped slightly in volume, but took on even tighter games.

Boost of the week: Synthetify (+38.22%)

TVL Polygon is the new Stablecoin! Things are looking rosier for the coin itself, it too will start to be minted as part of the next update.

Consolation of the week: Furucombo (+104%)

AVALANCHE has implemented USDC on its way to new heights!

Leader of the week: GalaxyGoogleDAO (+275%)

It's all kind of quiet on FANTOM. But maybe it's the calm before the storm?

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

Projects' News

AAVE

The project community voted on a critical issue: licensing for the code. The intention was between Business, IIT, and a(GPL) format. They differ in the level of permissible copying without permission from the authors of the code. In the end, the majority of 55% of voters chose "business", which will allow providing legal protection in case of unauthorised copying.

DODO

On the forum, past successful vote to introduce almost zero fees(0.002%) on trading pairs between stablecoins. Now the activity in USDC-USDT (ETH) and BUSD-USDT (BSC) pairs is free ( given that native DODO tokens will compensate for the rate cut).

Badger DAO

The community has adopted a vital protocol update, changing the hacking response process and approving the blocklisting of addresses. Lessons have likely been learned from the last attack, and the update is intended to prevent a repeat of events in the future.

RARIBLE

The community realised that the 900,000 USD per week motivation for nft collection creators was too inefficient at the turn of 2022. The cash pouring mechanism is no longer yielding the same returns as before, and it is time to come up with new ways to increase the value of the RARI token.

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
Four stables in GRO. Try it, bro!

Medium Risk

The Defi gamification trend seems to be gaining momentum. Following Defi Land, ZooKeeper offers a similar feature on the rather exotic Wanchain blockchain.  Buy a lion and go on safari. Just make sure you don't get eaten by funds.

High Risk
Crazy farming on a tulip paired with a stable. Prove you're a farming boss, don't forget impermanent loss! 

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.