GMX Investment Thesis
Elevator Pitch GMX is a decentralized spot and perpetual futures exchange that live on Arbitrum and Avalanche. Their claim to fame is zero impact price swaps completely obliterating other DEX’s and AMMs that can only provide low slippage. Tech GMX uses an OTC-based model for trades leading to less impact on the price to benefit users during swaps. And in order to fulfill these OTC trades, GMX acquires large sums of liquidity by letting people deposit assets in exchange for their tokens. This ...
GMX Investment Thesis
Elevator Pitch GMX is a decentralized spot and perpetual futures exchange that live on Arbitrum and Avalanche. Their claim to fame is zero impact price swaps completely obliterating other DEX’s and AMMs that can only provide low slippage. Tech GMX uses an OTC-based model for trades leading to less impact on the price to benefit users during swaps. And in order to fulfill these OTC trades, GMX acquires large sums of liquidity by letting people deposit assets in exchange for their tokens. This ...
YFI Investment Thesis
Elevator Pitch Yearn is a yield optimizer that focuses on maximizing defi yield by automatically switching between different lending protocols. History Andre Cronje had a bunch of stables and was waking up every day looking for juicy APY on a bunch of different dapps like AAVE and Compound. He got tired of browsing and decided to optimize this. YV1 was made up of pools of stable coins, users would receive yTokens for deposited stables and the pooled stable would be automatically moved for the...
YFI Investment Thesis
Elevator Pitch Yearn is a yield optimizer that focuses on maximizing defi yield by automatically switching between different lending protocols. History Andre Cronje had a bunch of stables and was waking up every day looking for juicy APY on a bunch of different dapps like AAVE and Compound. He got tired of browsing and decided to optimize this. YV1 was made up of pools of stable coins, users would receive yTokens for deposited stables and the pooled stable would be automatically moved for the...
Anchor Mirror Yield Strategy
TL;DR ●This strategy goes as follows, you start with 20,000 UST, 10k goes into Anchor for 8200 aUST and then you enter short on Twitter, and in two weeks buy an equal amount of Twitter and then pair your Twitter shares with the equivalent in UST in a long farm and you earn closer to 35-45%. ●The Terra chain is a proof of stake blockchain that is focused on quick decentralized payment processing. They have a protocol built on it called Anchor focused on becoming a decentralized savings bank gi...
Anchor Mirror Yield Strategy
TL;DR ●This strategy goes as follows, you start with 20,000 UST, 10k goes into Anchor for 8200 aUST and then you enter short on Twitter, and in two weeks buy an equal amount of Twitter and then pair your Twitter shares with the equivalent in UST in a long farm and you earn closer to 35-45%. ●The Terra chain is a proof of stake blockchain that is focused on quick decentralized payment processing. They have a protocol built on it called Anchor focused on becoming a decentralized savings bank gi...
