DirtyWolf (@dirtywolfe) • Hey
Investor of $MINA $BRINE #starknet #coinpresale #cryptotop20 #NFTs
http://opensea.io/DirtyWolfe
Publications
- I'm blown away by the quality and creativity. Excited to see what the future holds for this talented artist in the #cryptoart world. #EraNft #digitalart@OfficialEraNft To apply: https://apply.coniun.io/era Code: NRL-425
- How to apply & achieve Quail List. 1) Read & analyze our pinned tweet. 2) Copy & Paste. 3) Tweet. You’ve successfully applied. Now wait for a direct message to arrive into your inbox. #QuaiCommunity #QuaiNFTs #Quails
- **I'm learning about decentralized governance tokens in Layer3's latest Quest! L3.xyz/Gov**
- **I'm learning how to swap on zkSync Era using @spacefi_io on @layer3xyz!**
https://l3.xyz/SpaceFi
- **I'm learning how to deposit on zkSync Era using @rhinofi** **on @layer3xyz!**
https://l3.xyz/rhinofi
- **I'm learning how to LP on zkSync Era using @syncswap** **in @layer3xyz's SyncSwap on zkSync Quest!**
https://l3.xyz/SyncSwap
- I recently joined Myria, and I'm loving the experience so far! It's a great platform to explore new worlds and interact with other magical creatures. Join me using my invite link and get exciting rewards! Link: https://t.co/O4K3ePfTVd
#Myria #FriendInviteCampaign
- Passive Income is a myth! Wondering if is it? I’ve seen many DN vaults on top of $GLP but many of them had some trade-offs such as bad hedge mechanics or lack of UX. Let me introduce you to one of the best DN vault in terms of UX and hedge mechanics. @Neutrafinance
The first time I heard “Delta-Neutral Vault” from Umami team, I was really hyped like everyone else about the idea which gives you the just accumulated fees from GMX and hedge your GLP position via shorting the underlying assets. However, it didn’t end well, right?
Umami couldn’t manage the process and closed the vault like 1 week after their launch. Then, plenty of DN vaults popped up even though they were not DN vaults at all. Those vaults were doing something wrong at first. They just hedge the GLP’s underlying assets without thinking about utilization. However GLP doesn’t work like that.
Neutra does hedging in a correct way. They are balancing out the long short values to keep market exposure near zero. This kept my interest on top level about Neutra and started diving in more. Their backtest results have %10 APY on USDC and steady increase. Not bad.
Another thing is that some DN vaults separate the risk by creating risk-on/off vaults. While this gives them a more secure enviroment it splits the accumulated fees between two separate vaults. They cut some APR from risk on vaults and distribute it to risk off vaults.
Because Risk-off vaults are basically on top of a lending protocol to short underlying assets. While Risk-on vaults deployed to GLP accures more fees and get’s the lion share. However wo risk off vaults there won’t be any DN vault so they rebalance the APRs between them.
I didn’t like this idea because I believe this should be manageable on smart contract level. It should be 1 APR for 1 Vault. This increases the efficiency for the vaults and gives the same apr for every investor without any hair cut on the risk takers.
In the end there is no risk-off thing in crypto, right? @Neutrafinance does this as I want, on a smart contract level, wo showing unnecessary details to the users.
Same goes for GMD. They also have 4 separate vaults for 4 main underlying assets of GLP. This is not the way imo. Even Though they give you gmdTKN versions and promote those assets as liquid versions of your supplies, there is pretty low liquidity to dump on a dex.
However u can simply withdraw your funds from GMD. They enabled this feature after USDC depeg. There will be instant deposit and withdrawal on Neutra’s upcoming nGLP v2 vault. You will deposit and withdraw your assets any time you want.
What have i mentioned so far?
- Simple UX; Deposit to 1 vault, get 1 APR
- Proper Hedging Mechanism
- Deploy and withdraw wo any restriction or waiting period.
Well, Neutra does/will do all of those.
So all is perfect? There is one thing get my nerves. They're using GMX to hedge their positions. I don’t like this because It would be better to separate hedge funds and vault funds on different protocols to mitigate risk imo.
Okay, so their vault is good! What about their tokenomics? They use a similar tokenomic model with their friend, GMX.
1- $NEU for governance and fee sharing.
2- $esNEU for escrowed incentives.
3- Fee Booster is similar to GMX’s Multiplier Points.
4- $nGLP vault token.
Let’s check one by one. | $NEU Neutra has two main incomes.
- %20 of the vaults apr as performance fee
- %2 of yearly TVL as Management Fee.
By staking $NEU u can get %50 of those fees + $esNEU incentives and Fee Boosters. Sitting on a null.4M MC & $12M FDV
| $esNEU; you can accrue those tokens via nGLP vault or staking $NEU.
- Unliquid and untransferable
- U can vest them and vesting requires a portion of capital to stay in staking.
- You can stake to accrue more fees and booster. *I mostly ignore escrowed rewards tbh.
| Well fee booster is the booster. There is nothing more to say. You can get extra boos to your stable coin rewards. Those tokens (esNEU and Fee Boster) mostly about creating a more sustainable flywheel and incentives people to stake their $NEU as similar as their $GLP.
They recently launched NEU Burner . Basically, they deployed $70k to the nGLP vault and they use rewards to buyback and burn $NEU. $70k is not too much to accrue gud amount of rewards so i don’t expect any deflationary effects in a short time frame.
| $nGLP is a version of wrapped GLP. Users an deposit $DAI to the vault -> vault mints $GLP -> Accrues GLP fees and additional rewards from GMX -> distributes the previous week revenues and accrues $esNEU as incentive. 1 Vault 1 APR. Simple as that.
In nGLP v2;
- People can directly stake their GLP tokens rather than DAI,
- They will enable instant deposit and withdrawal,
- They have a floor price fund to support the $NEU price but I'm not getting into that.
You can read original of this thread on twitter; https://twitter.com/tervelix/status/1641081962407370753
- Join Lenster.xyz for a decentralized social media experience and follow my profile! I'm waiting for you to make new friends and discover different content.
Follow me here: https://lenster.xyz/u/dirtywolfe
#Decentralized #socialmedia #Lensterxyz #follow
- Merkeziyetsiz bir sosyal medya deneyimi için http://Lenster.xyz'a katılın ve benim profilimi takip edin! Yeni arkadaşlar edinmek ve farklı içerikler keşfetmek için sizleri bekliyorum. Takip için: https://lenster.xyz/u/dirtywolfe #Decentralized #socialmedia #Lensterxyz #follow
- Rainbow is building a browser extension. Join the waitlist 👀 https://rainbow.me/waitlist?fren=91L9KN3LD
- LimeWire Token: Public Sale. Join the waitlist & win up to 100,000 LMWR @limewire
For Join: https://lmwr.com/?ref=2NRBQB
- AlicΞ lens wordcloud 🌿
you can create your lens wordcloud thanks to @rickydata.lens (and the awesome public lens BigQuery dataset) -> https://lenster.xyz/posts/0x0102cc-0x0110 👏👏👏
- OCEAN
Feel the vibe
#bytes
- My first Lens tx
Collect For 1 wmatic
- Exciting news for the blockchain industry! @QuaiNetwork is revolutionizing the way we think about NFTs and digital assets. Their innovative approach to cross-chain interoperability is changing the game. Don't miss out on #QuaiNetwork's latest developments!
- **I just learned how to swap with @Traderjoe_xyz in @layer3xyz's Swapping on AVAX Quest: L3.xyz/SwapOnAVAX**
- Hey friends, if you're interested in Web3 technology and cryptocurrencies, check out https://layer3.xyz/?ref=YEq1Y! Sign up using my referral link and become eligible for exciting airdrops! #Web3 #cryptocurrency #layer3xyz
- Merhaba arkadaşlar, Web3 teknolojisi ve kripto para birimleriyle ilgileniyorsanız, https://layer3.xyz/?ref=YEq1Y sitesine göz atın! Benim referans linkimden kayıt olun ve airdroplara katılmaya hak kazanın! #Web3 #kriptopara #layer3xyz
- Robin Hood cüzdanı, kripto para birimlerine yatırım yapmayı kolaylaştırıyor ve harika bir öğrenme aracı. Hadi, Robin Hood cüzdanına şimdi katılın ve kripto para birimlerinin heyecan verici dünyasını keşfedin! https://robinhood.com/web3-wallet/f5bcaf65…#RobinHood #KriptoPara #Yatırım #Web3
- Arbitrumpad, yeni bir #Airdrop fırsatı sunuyor! Whitelist'e kaydolun ve projeye yatırım yapabilme hakkı kazanın. Hemen kayıt olmak için: https://swee.ps/dHakMw_hbJZGoy#Crypto #Blockchain #NFT #Arbitrumpad #Whitelist #Giveaway
- DHL ile kazanma şansı seni bekliyor! Bir VIP deneyimiyle hayatınızın fırsatını yakalamak için şimdi bir dünya birleş! Kırmızıları VIP tarzında izlemek için bir arkadaşınla birlikte Manchester'a yolculuk yapabilirsin. Koltuğunuza oturmadan önce Old Trafford turuna çıkacak ve kulüp efsaneleriyle tanışacaksınız. Sanal Theatre of Dreams'te koltuğunu ayırtmak için linke tıkla! https://pbs.twimg.com/card_img/1631251008335609856/etCQ2NjU?format=png&name=small
- I am now registered in @SnowFlakeDAO It's going to snow on the #Arbitrum ecosystem soon
- DAO Maker'da Degen Zoo'ya katıldım! Dünyanın dört bir yanından gelen NFT hayvanlarının benzersiz bir koleksiyonu, harika bir oyunla birleşiyor. Ön satıştan yararlanın ve hayvan krallığının bir parçası olun! #DAO #kripto #NFT #oyun
Katılım Linki: https://daomaker.com/company/degen-zoo/Dp2hpnEnZj
- I'm so excited to apply for the #RaiseFinance private testnet and get my hands on the #RaisePay wallet! I can't wait to test out some awesome features! Register here: https://raisepay.io/early-access #blockchain #Zk #AccountAbstraction #RaiseFinance
- I'm learning about the basics of Bitcoin and Ethereum in @layer3xyz's Fundamentals of #CryptoHistory Quest!
- I just claimed my Xballs on @KlubX_ ! I received 3 Xballs: 3 Classics. Claim yours NOW before it's too late. https://balls.klubx.io/dirtywolfe.eth
- gm i just created an @ordinalswallet on https://ordinalswallet.com! you don’t want to miss this
- gm KINGS! I just signed up for mint alerts on @ordinalswallet! join here: http://ordinalswallet.com plz RT
- DAO Maker'ın CryptoGPT projesine kaydoldum ve seni de davet ediyorum! Projenin akıllı sözleşmeleri ve yapay zeka teknolojisi sayesinde, daha akıllı yatırım kararları alabilirsiniz. #DAO #kripto #yapayzeka #yatırım Katılım linki: https://daomaker.com/company/cryptogpt/BcchunY0DE
- Buradaki tüm projelere başvuru yapın! freenft.xyz
- Değeri ne olur bilemiyoruz ama her türlü “easy money” https://ethermail.io/?afid=630328ec60f9fcf145acc102
- I just deposited $2.01 into my @pooltogether.lens prize savings account! Join me and thousands of others saving $46,192,217.75 and winning 129 prizes daily. #PoolTogether
https://app.pooltogether.com?utm_campaign=in-app-share&utm_source=app&utm_medium=lenster&utm_content=deposit
- Just won 289 $DUCK on Slingshot's waitlist 🔥
Use my referral link to earn your rewards:
https://slingshot.finance/mobile/8QPIR4JDT84K
[Slingshot](https://slingshot.finance/mobile/8QPIR4JDT84K)
Join the waitlist for Slingshot
- Pyme to access incredible rewards including crypto, NFTs, airdrops and allow lists.
https://pyme.team/?ref=dirtywolfe
[Pyme](https://pyme.team/?ref=dirtywolfe)
Start your crypto journey. Pyme gives you access to earn crypto, NFTs, allowlists, exclusive airdrops and so much more.
- GIVEAWAY TIME We have partnered with our favourite birb
[@chirpley](https://twitter.com/chirpley)
to give away a massive $1000 worth of [$CHIRP](https://twitter.com/search?q=%24CHIRP&src=cashtag_click)! Click the [#Gleam](https://twitter.com/hashtag/Gleam?src=hashtag_click) link below, follow the instructions and get your chance to [#WIN](https://twitter.com/hashtag/WIN?src=hashtag_click) those tokens!
<https://wn.nr/56HmjS>
- Ezu is the one of big potential project now at crypto space!
- The #MagicSquare Early Access Waiting List registration is now open!
#Giveaway to Magicians that Complete the Tasks
[Magic Square Early Access Waiting List](https://gleam.io/OFJIZ/magic-square-early-access-waiting-list-sign-up)
$250 GIVEAWAY We're giving away 50 $USDT to 5 lucky people that will join the Magic Square Early Access Waiting List! Complete the Gleam Tasks Share with Friends Complete the Tasks to Enter the Early Access Waiting List and the Giveaway Raffle
- Lens protocol is the next thing. Don't miss it!