tervelix (@tervelix) • Hey
Blockchain | DeFi Enthusiast Mirror: http://mirror.xyz/tervelix.eth
Publications
- Hey @yup_io.lens !
Can you integrate DeBank Stream into your client too?
- Test.
I’m postibg this from @yup_io.lens but i am not sure if X (Twitter) ghost banning the posts i send from this client.
Like it if you saw this on your X timeline.
- It’s suck you can add more tweets (posts) after you posted something on @yup_io.lens
- I also used @yup_io.lens when warpcaster wasn’t work for my location.
Decentralised social layer at it’s finest.
- Using @yup_io.lens to post on 3 different apps at the same time.
Try it, it’s pretty cool.
- I just minted Bridge to Base, celebrating the start of @BuildOnBase bringing billions of people onchain.
It’s Onchain Summer.
https://onchainsummer.xyz/
- I just voted "Against" on "Accelerating Arbitrum - leveraging Camelot as an ecosystem hub to support native builders" https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x6b001068a3aa7f58e0e334a1f717be2145eb4c7b3f3af479cd827020aa2993a6 #Snapshot
- @DeBankDeFi is one of the most used and most succesful tool for #DeFi.
They recently anounced Bonus Reward, Phase 1 for DeBank Hi product which is a cool chatting tool.
There is a hint in the anouncement which might be pointing a potential airdrop.
I will try to cover;
- What are DeBank products?
- How to use them?
- Will there be a token?
- Will there be an airdrop?
- How can we get airdrop?
The second part will be pure speculation based on what i observe so far.
You can read the thread from twitter: https://twitter.com/tervelix/status/1665722249742020608?s=20
- Konsantre Likidite modelleri için Türkçe kaynak soruluyordu.
Trader JOE Likidite Defteri'ni anlattığım yazıyı Türkçe olarak da yayınladım. İster Substack, isterseniz de Mirror üzerinden okuyabilirsiniz.
LB'ye giriş için yazdığım bu yazının devamını henüz getiremedim. Önümüzdeki dönemlerde hem LB hem UniV3 üzerine daha detaylı yazmayı planlıyorum.
Desteklemek isterseniz NFT olarak da alabilirsiniz.
https://mirror.xyz/tervelix.eth/WHm8unWBbn8nFPPj1KFrwX0hx6FLuO4F60Zsl8RqR3c
Yayınlarımı hem İngilizce hem de Türkçe yapmaya çalışıyorum. Substack'da iki ayrı dil için iki ayrı newsletter oluşturdum. Dilediğiniz şekilde ücretsiz abone olabilirsiniz.
https://tervelixsocial.substack.com/p/trader-joe-likidite-defterine-derinlemesine
- I just voted "Yes" on "Add Euro Coin ($EUROC) to Stargate" https://snapshot.org/#/stgdao.eth/proposal/0xcbefd708a0b64d9e9d634e5d7f57c5056b59285b6a5ba18492cfea4db6a53104 #Snapshot
- General is printing 50%+ APR to the LPers even there is 1,2M$ worth of capital which gives deeper liquidity around active bins for traders.
This is an impressive succes!
Traders are happy, LPers are happy.
And i can say $JOE's will be happiest!
- Did you know Rabby.io can save you from phishing transactions?
Lately, there are many phishing bots mirroring your transactions to steal your currencies. As an example;
- you received some $eth from ur cex account or your friend's wallet,
- bot sends same amount of scam $eth,
- user thinks that was the correct adress,
- next time he/she copy paste the adress and send back some tokens.
To prevent this scam method, Rabby flags them as "scam tx" and shows them gray so u don't get confuse. They also do same thing for scammy airdrop transactions.
This is just one example of how Rabby is superior wallet for DeFi.
Go to rabby.io and try it now!
- Did you know Rabby.io can save you from phishing transactions?
Lately, there are many phishing bots mirroring your transactions to steal your currencies. As an example;
- you received some $eth from ur cex account or your friend's wallet,
- bot sends same amount of scam $eth,
- user thinks that was the correct adress,
- next time he/she copy paste the adress and send back some tokens.
To prevent this scam method, Rabby flags them as "scam tx" and shows them gray so u don't get confuse. They also do same thing for scammy airdrop transactions.
This is just one example of how Rabby is superior wallet for DeFi.
Go to rabby.io and try it now!
- Let me show you something cool!
@romeblockchain just released an extension for checking out token tickers wo leaving the page.
It’s really helping for quick search. Check it out from the video below!
- $OP - Optimism fell off the cliff because of recent token unlock however the price is the support level of the trend.
Bedrock upgrade is around the corner, (6 June).
If you are believing Optimism is strong it might be good time to scoop some.
- **"The New Center of Finance; Decentralized Finance"**
I just published my second article on Substack. I aim to introduce #DeFi from ground level to the people. I know most of my followers already in #DeFi and absolute degen users. So whom is it for?
I'm pretty sure there are people who wants to learn what is the fuss around this "DeFi" term. I want to write this article for them.
| The guy who is ur neighboor asking plenty of questions to you about Defi.
| The teacher who is underdogging ur effort on the school when u re trying to explain what is Defi.
| The curious majority on the out there, seeing many content about #DeFi but never find a way to dig in.
| The cautious people who re trying to keep their assets safe first.
What did i cover?
- Bitcoin as a Decentralized Money
- Ethereum as a Decentralized Application Infrastructure
- Decentralized Applications
- Decentralized Financial Applications
- Self Custody
- Comparison with Centralized Alternatives
Immutability, Transparency, Censorship Resistance, Elimination of Intermediaries, Democratic Accessibility (my best reason btw), Interoperability, and more...
**I published this article on @uzmancoin months ago. I finally got some time to translate and publish it on my substack.*
Check out full article on here; https://tervelix.substack.com/p/the-new-center-of-finance-decentralized
- I just voted "For" on "JP-22 : Open a ankrAVAX-AVAX Market" https://snapshot.org/#/joegovernance.eth/proposal/0xd6f8bc90ca4bb45ccf82ab9214daffcf5a5bbadaabd9762c87018dd4f0934894 #snapshotlabs
- Which accounts should I follow on Lens? Any suggestions? 👀
- I just voted "Against" on "AIP 1.05: Return 700M $ARB to the DAO Treasury [REAL]" https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x3ae4c725f7cb82d450b6fe8517178b2a0a51d1105beaad0adb421df1bc8f8cc4 #snapshotlabs
- #KairaTopic: Running Kaira
Running kaira
#firstpost #running #kaira #halfin
- I just voted "For" on "JP-20: Open Money-USDC and Money-AVAX Market" https://snapshot.org/#/joegovernance.eth/proposal/0x25e0e96bd30605ed6cacd924af55194188a5551c21b123cb2efd453daaae5835 #snapshotlabs
- 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
- Remember;
Not your keys,
Not your coins!
Use wallets and don’t hold your coins on centralized entities!
- Note to yourself for new year;
Don’t forget to touch some grass 🍀
- Reminder:
- Distribute your assets across different chains. In this way, you can quickly ape when you see a new alpha.
- Twitter just prohibited promoting other social media protocols even adding a linktree link!
This is stupidist thing i have ever seen. How could u ban users for promoting their accounts? Even linktree is banned lmao. People re trying to create a identity and best way to avoid scams is adding social links on bio.
This is also a proof why we need web3 social media like @orbapp.lens Phaver, Orbis, Lens, @lenster.lens etc.
- Need to more active on lens prtocols…
- LensPort 2.0 has been released! 🚨\n\nThis huge update has:\n- A Lens social timeline 🌿\n- Easy gas-less posting and following 🧑🎨\n- Top collectors for profiles 📈\n\nLensPort is now a marketplace AND a complete Lens social app 🚀\n\nWe’re giving away 500 MATIC to celebrate! 🎉\nJust reply to this post on LensPort: lensport.io/p/30736_60 to qualify! 🧐\n1 replier will get 200 MATIC and 3 will get 100 MATIC! 🥇\n\n\nNow lets get into the new features 💎\n\nNew features:\n1. Your Lens timeline 🌿\n2. Gas-less posting, following, liking, mirroring, collecting 🔮\n3. Top collectors for profiles 📊\n4. Posting with audio, video, gifs, emojis 🧑🎨\n5. Default collect settings\n6. Social notifications\n7. Likes and mirrors for posts\n8. View feed as another user\n9. Share button\n\n1. Your Lens timeline 🌿\n\nYour Lens timeline is now on LensPort! The feed shows posts from profiles you follow + a popular section.\n\nYou can now shop for collects while you browse your Lens feed!\n\n\n2. Gas-less posting, following, liking, collecting, mirroring 🔮\n\nLensPort now fully supports social interactions. They’re as easy and seamless as other Lens apps you’ve used!\n\n\n3. Top collectors for profiles 📊\n\nUsers who've spent the most collecting or trading a creator’s posts will now be featured on the creator's profile! \n\nThis is a powerful tool that will showcase to the community who the top supporters are for each creator\n\n\n4. Posting with audio, video, gifs, emojis 🧑🎨\n\nCreators can spice up their posts with gifs and emojis, while uploading newly created music or videos straight to the marketplace\n\n\n5. Default collect settings 🎁\n\nCreators can choose how their posts are collected and set a default!\n\nWhen posting on LensPort, the default collect limit is 10. So if a post becomes popular, its creator can earn though secondary royalties!\n\n\n6. Social notifications 📣\n\nSocial notifications relating to new follows, likes, mirrors, etc will now appear under a new tab in the notifications page\n\nYou can now see your marketplace and social notifications in one place!\n\n\n7. Likes and mirrors for posts 📊\n\nYou can now see who's liked and mirrored a post. Liking and mirroring are easy 1 click actions!\n\n\n8. View feed as another user 🥸\n\nView the timeline through the eyes of any other user! \n\nPioneered by Lenster, this feature will help users discover interesting collects they wouldn’t normally see\n\n\n9. Share button 🗣\n\nThe share button appears on every post and easily allows you to share to other platforms\n\n\nBy combining social features with a marketplace, LensPort is now a full web3 experience and is something that can't exist in web2\n\nWe’re looking forward to seeing how you unlock the potential of web3 using LensPort and @lensprotocol !\n\nThe future of web3 social looks bright! 🚀
- The most “red flag” thing about SBF was his body health which changed in time imo.
Don’t underestimate someone’s body health, it says lots of thing. Stress of lying and pills he took to get over it made his body unhealthy.
- GM.
Not ur keys, not ur tokens.
GD.
- When all his money is witheld by cefi, tradfi man will understand defi is inevitable. 🫡
- This FTX hack seems very fishy.
- Just voted on Stargate DAO!
https://snapshot.org/#/stgdao.eth/proposal/0x40bd516a25f204ead0c80b20f37ddc6d277b748dbbc757ebb784df935e453814
- Crypto images u should add ur archive;
1/
- Learned about basic fundamentals and mission of @orbapp.lens project, and got a sick NFT 🔥
#orb #orbapp #orbsbt
- Collect event 2
- May i get some invites to share with my frens, pls? @orbapp.lens :)
- Let’s decentralise social media!
- Checking options protocol on DeFi and mentally I'm at this stage
- Sharing is caring.
I think $BTC has finally brokeout the downtrend and we re in an accumulation period. It won't be a suprise to me to see a bullish market at 2023 march-april.
Market conditions are still risky imo but crypto holding strong. There is no contributer on the market to cause blackswan event besides FTX - Alameda thing imo. However i think they will be fine thanks to huge backers behind them.
- Az önce Rtlediğim Zkcasinonun testnetine katıldım.
Baya tatlı bir platform yürür aga.
Casino olduğu içinde muhtemelen airdropta atar.
Yapacaklarınız çok basit;
Via: @AlphaInsiders
Goreli/mumbai test ağıları siteye connect olun
play.zkasino.io
Faucetten zkdleri claim edin.
++Sonrasında test tokenlarinizi içerdeki oyunlar ile harcayın ve dc'ye katılıp feedback verin.
discord.gg/zkasino
[ZKasino](https://play.zkasino.io/)
The first decentralised casino powered by Zero-Knowledge proofs.
- Did u like the Rings of Power? Scenes were great who ever esle says otherwise i really liked. I have missed the middle earth. #rpo #tlotr #lotr #prime
- There are 2 new (kinda new) GMX derrivative, perpetual protocols. Apr for their lp tokens re juicy. I’ll share them on here and twitter with a thread. Probably tomorrow.
- Fck, another depeg happening
- New quest alert!
“Onboarding to Lens” is a Quest to familiarize yourself with all the possibilities of decentralized social media with Lens and Lenster: https://app.rabbithole.gg/quests/lens-onboarding
There will be 7500 rewards for this quest from Domingo Beta. The Quest will be live until Monday at 11PM UTC.
A lens profile is required for completing all the tasks. Since Lens is still in beta, there will need to be multiple snapshots for users holding the NFT credential. There will be three snapshots at 2:00 PM UTC Thursday 8/11, Friday 8/12, or Monday 8/15 to be qualified for a lens profile.
BONUS: There will be an additional prize for being creative with your post. We’re giving the top 10 collected Lenster posts a Lil Noun! Will be determined and announced after the quest expires.
- $BTC daily trend.
- GM ☀️
I miss this day.
- Network and token freeze after Acala exploit raises questions 🧐
[Network and token freeze after Acala exploit raises questions](https://cointelegraph.com/news/network-and-token-freeze-after-acala-exploit-raises-questions)
The Acala hack saw over one billion aUSD stablecoins minted from thin air, but now community members are scratching their heads wondering how a decentralized protocol would handle the clean up.
- This rally hasn’t been over yet imo. We have a bit more to go.
Some targets of mine:
$Avax $35
$Eth $2.2 K
$BTC $27.7 K
*I’ve no financial background. Dyor and don’t act with me. This is pure speculation.
- Longed $Rune at here.
Tp: >3
Sl: <2.6