⍺ DeFi Alpha: Using the Shardeum Testnet for a Potential $SHM Airdrop
Increase Your ETH Staking Yield by Arbitraging the Discount on Liquid Staking Derivatives
Yields: Up to 24% APY on Stablecoins, 20-50% APY on ETH and BTC
DeFi Alpha is a weekly newsletter published for our premium subscribers every Friday, contributed by Defiant Advisor and DeFi investor at 4RC, DeFi Dad, and our Degen in Chief yyctrader. It aims to educate traders, investors, and newcomers about investment opportunities in decentralized finance, as well as provide primers and guides about its emerging platforms.
Two years ago, DeFi investors could easily name every yield farming opportunity without much effort. It was a simpler time, when only a handful of teams had launched with any liquidity to trade, lend, borrow, provide liquidity, or even demonstrate new primitives such as no-loss savings by PoolTogether.
But times have changed! Before the current bear market took hold, DeFi liquidity had grown to hundreds of billions of dollars across Ethereum with new burgeoning DeFi economies taking shape on EVM-compatible chains such as Polygon and Avalanche and non-EVM chains such as Cosmos and Solana. Any given day, a new DeFi or NFT project is launched.
So, after writing and creating countless DeFi guides and tutorials since 2019, we at The Defiant agreed it’s time we publish a more detailed weekly guide on all you need to know to keep up with new opportunities.
This is DeFi Alpha by The Defiant.
Any information covered in DeFi Alpha should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions. Any mention of a token or protocol should not be considered a recommendation or endorsement.
🙌 Together with:
DeFi Saver is the most comprehensive dashboard for Liquity protocol with unique automated liquidation protection features. Now, with full support for the newly launched Chicken Bonds bonding protocol as well.
📈 Yield Alpha
Each week we will provide options to earn yield on ETH, WBTC, stablecoins, and other major tokens.
ETH - 50.9% APY with pETH/ETH Curve LP staked in Convex via Concentrator
BTC - 20.39% projected vAPR with the Curve pBTC+sbtcCrv LP staked in Convex
AVAX - 7.53% APR with AVAX in Vesper Grow Pools
This yield is issued in 8.14% AVAX + 1.38% VSP.
To participate, one must deposit into the AVAX pool here in Vesper
There is a 0.6% fee on withdrawal from Vesper Grow pools and a 15% platform fee on yield generated by the deposited assets.
SOL - 7.41% APY lending stSOL on Tulip Protocol
MATIC - 12% APY with 50/50 MaticX-WMATIC LP on MeshSwap
ATOM - 20% APR staking ATOM with Keplr Wallet on Cosmos Hub
FTM - 4.7% APY staking sFTMx liquid staking derivative by Stader
The yield is issued in FTM rewards, as sFTMX is earning FTM via validator rewards to support Fantom’s PoS network.
To participate, one must deposit FTM to receive sFTMX here on Stader.
HBAR - 9.66% APY staking with HBARX liquid staking derivative by Stader
The yield is issued in HBAR rewards, as HBARX is earning validator rewards.
To participate, one must deposit HBAR to receive HBARX here on Stader.
Stablecoins (USD) - 23.7% APY with USDC in the allape Notional Spool
Please be aware we intentionally do not report the highest yield rates because often, those yields are less sustainable and in some instances, artificially elevated due to less participation.
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📱DeFi Alpha Call
The DeFi Alpha call is held every Monday at 2pm ET in Discord.
In case you missed it, check out the recording of this week’s call.
Unlocking the power of your DeFi portfolio
We all know that managing a DeFi portfolio can be a significant challenge.
Especially during times of market turbulence, keeping your portfolio efficiently balanced can turn into a full-time job. Crypto is a 24/7 market that requires 24/7 monitoring of positions in order to be a competitive investor in the market.
Until now, the tooling needed to monitor your portfolio and ensure that your positions are allocated efficiently has been kept private. Mainly being used by institutional investors who can sit back and relax while their portfolios are maintained for them.
Mero is bringing professional DeFi tooling and automated liquidity management to every DeFi user. Through Mero, users can easily automate their liquidity to react to market conditions and ensure that it is always allocated where it should be.
The Defiant readers have the opportunity to become an early LP on Mero before its suite of portfolio automation products is released. Start earning yield using this link.
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