Read on Twitter
Structured Tokens as an Anti-Tactical trade:
Why would you want to put money in @iearnfinance vaults and sit on low double digit returns?
Because of the capital protection (bar smart contract risk)
That's nice (and much better than TradFi alternatives)
But can you do better?
Why would you want to put money in @iearnfinance vaults and sit on low double digit returns?
Because of the capital protection (bar smart contract risk)
That's nice (and much better than TradFi alternatives)
But can you do better?
#ETH #BTC 
#DeFi tokens are all 
Maybe you can invest your stablecoins in these?
In hindsight it would have been much better but the same volatility could have been on the downside...
You need to HODL to make it work and tollerate all the vol
#DeFi tokens are all Maybe you can invest your stablecoins in these?
In hindsight it would have been much better but the same volatility could have been on the downside...
You need to HODL to make it work and tollerate all the vol
Final alternative is to trade in and out and be tactical
If you are right often this is the holy grail... I just don't think many ppl are right in a statistically significant manner
If you are wrong you can lose your shirt
If you are right often this is the holy grail... I just don't think many ppl are right in a statistically significant manner
If you are wrong you can lose your shirt
What's your preference?
Structured Floored Tokens provide another solution that combines the best of both:
- the capital is floored at 100 (like your farm)
- it gives you exposure to the upside of Crypto
This gives you the opportunity to be anti-tactical: you can HODL but only participate to the upside
- the capital is floored at 100 (like your farm)
- it gives you exposure to the upside of Crypto
This gives you the opportunity to be anti-tactical: you can HODL but only participate to the upside
The guys at @dextfprotocol launched this note on the 22 Dec and is now up 30% (what's the APY ?!?)
https://twitter.com/dextfprotocol/status/1341320007859331072?s=20
Now you would have a comfortable time liquidating it and rolling it to another higher floor without needing to have predicted the #ETH rally in advance
https://twitter.com/dextfprotocol/status/1341320007859331072?s=20
Now you would have a comfortable time liquidating it and rolling it to another higher floor without needing to have predicted the #ETH rally in advance
If instead #ETH went down, you would be sitting on your 100USDC floor and would be able to liquidate it and buy ETH cheaper
Win - Win
Win - Win
To the @dextfprotocol team a few questions:
- are you going to list a new one with higher strike?
- what's the issuance plan in the future?
- are u issuing any other underlying?
- are you going to list a new one with higher strike?
- what's the issuance plan in the future?
- are u issuing any other underlying?
Also can you try to increase the Participation Rate?
call spread, knock-out, increase maturity, use higher yielding tokens inside, etc.
Degens want higher returns and can tollerate higher risks
call spread, knock-out, increase maturity, use higher yielding tokens inside, etc.
Degens want higher returns and can tollerate higher risks
Any other suggestions?
@Fiskantes
@codingalex
@krugermacro
@zhusu
@Arthur_0x
@QwQiao
@redphonecrypto
@scott_lew_is
@AriDavidPaul
@calchulus
@cburniske
@twobitidiot
@DegenSpartan
@cryptarbitrage
@kyled116
@Fiskantes
@codingalex
@krugermacro
@zhusu
@Arthur_0x
@QwQiao
@redphonecrypto
@scott_lew_is
@AriDavidPaul
@calchulus
@cburniske
@twobitidiot
@DegenSpartan
@cryptarbitrage
@kyled116
Link to another post on the topic with some more background https://twitter.com/Be1garat/status/1345265142330662914?s=20
