Leveraged Yield Farming - A quick Thread🧵
Read on and leave your opinion in the comments👇
Read on and leave your opinion in the comments👇
1/ Leveraged Yield Farming on @oasisdotapp 📈
@oasisdotapp did something truly amazing..
They allow you to use Uniswap V3 (DAI-USDC) with up to 50x leverage. This led to a massive in-flow of liquidity in this pool.
Why should we care about this you might ask yourself🤔
@oasisdotapp did something truly amazing..
They allow you to use Uniswap V3 (DAI-USDC) with up to 50x leverage. This led to a massive in-flow of liquidity in this pool.
Why should we care about this you might ask yourself🤔
2/ Pegs are getting stronger💪
The peg on the DAI-USDC pair has become really strong.
This also showed in the recent crash where even USDT shortly lost its peg and fellt o $0.95. This is huge for DeFi and crypto as a whole.
How will this benefit us?👇
The peg on the DAI-USDC pair has become really strong.
This also showed in the recent crash where even USDT shortly lost its peg and fellt o $0.95. This is huge for DeFi and crypto as a whole.
How will this benefit us?👇
3/ More price stability ⚖️
Projects offering Leverage on Liquidity Mining, especially on Stablecoins + Bitcoin/Ethereum, will result in more price stability across the whole market.
Having more liquidity in DEX’s will help to stabilize prices.
How do we continue?
Projects offering Leverage on Liquidity Mining, especially on Stablecoins + Bitcoin/Ethereum, will result in more price stability across the whole market.
Having more liquidity in DEX’s will help to stabilize prices.
How do we continue?
4/ Leverage done the right way💯
Using leverage needs to be done the right way.
Having inefficient liquidation mechanisms will result in the exact opposite. We really believe in the approach of @LiquityProtocol and the recent auto-deleverage feature of @oasisdotapp. 👇
Using leverage needs to be done the right way.
Having inefficient liquidation mechanisms will result in the exact opposite. We really believe in the approach of @LiquityProtocol and the recent auto-deleverage feature of @oasisdotapp. 👇
5/ The @Grizzlyfi Roadmap🛣️
This is one of our biggest points on the roadmap for @Grizzlyfi
We want to bring more liquidity, stability and profitability to the biggest decentralized exchanges like @Uniswap and @CurveFinance through safe leveraged liquidity mining. ⛏️
This is one of our biggest points on the roadmap for @Grizzlyfi
We want to bring more liquidity, stability and profitability to the biggest decentralized exchanges like @Uniswap and @CurveFinance through safe leveraged liquidity mining. ⛏️
6/ Leave your opinion and follow us for more DeFi content ✅
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