Head of Community @ Nexus Mutual DAO
🗳️ SAFE Guardian
🔎 Researching risk in DeFi
State of DeFi Yields | Issue 7 📈
This week's issue is live! I provide updates on DeFi's base rate, as well as stablecoin & ETH yield opportunities
Read for updates on Pendle, $GHO yields, new yield strategies, and more 👇
mirror.xyz/nexusmutant.eth/EHaWrlPyfOdgLmqKaI2g0GChrby6yh1nzMOtJTGIfks
The standouts in Issue 7
🔹 @contango_xyz yield for stables + ETH
🔹 $GHO yields
🔹 @fraxfinance yields for Fraxlend markets
🔹 @curvefinance LlamaLend markets
🔹 @inverse_finance $DOLA strategies
🔹 Pendle, @gearboxprotocol & @ether_fi for continued 🆙 yields
Upcoming Special Issue on Decentralized Stablecoins
I'm looking to cover more decentralized stablecoins in future issues, and I'll be working on a special edition to put out in May on decentralized stablecoins. If you see new stablecoins in each issue, DYOR, but know I'm eager to cover more over time since it's a growing market.
Points programs have been an improvement on old liquidity mining programs. While people have been upset in the past when they receive non-transferable tokens, everyone loves points and secondary points markets where speculation is half the fun/excitement.
Seems like we’ve moved to the next evolution of broad and more targeted incentive programs, like Aave’s Merit, which has been successful in the seasons 1 & 2.
State of DeFi Yields | Issue 6 📈
This week's issue is live! I provide updates on DeFi's base rate, as well as stablecoin & ETH yield opportunities.
In Issue 6, you can read about double- & triple-digit $GHO yields, ETH yield strats above the base rate and more 👇
mirror.xyz/nexusmutant.eth/VtbiXvlCr2kGlPDOCUcjmwcCFm42r6IPa7E17hz8t18
Right now, Pendle yields are truly unbeatable.
LPs can earned fixed yield on their PT-rswETH and points with the YT-rswETH portion. Best of both worlds and the highest yield Pendle mainnet liquidity markets 👀
Absolutely knocked over that you can use 20 ETH worth to LP and earn 3.49 ETH in 81 days 😲
At Nexus Mutual we're all in on growth. The results from Q1 2024 show we're off to a good start!
⬆️ Cover sales up 29% since Q4 2023
⬆️ Cover fees earnings up 162% since Q4 2023
⬆️ Commissions earnings up 254% since Q4 2023
Heading into Q2 with the same focus + drive 🐢
Check out the Q1 2024 Insights Report on the Nexus Mutual governance forum 👇
forum.nexusmutual.io/t/first-quarter-q1-2024-insights-nexus-mutual-dao/1419
State of DeFi Yields | Issue 5 🐢
This week's issue is live! I provide an update on DeFi's base rate, as well as stablecoin and ETH yield opportunities.
There's also a summary on MakerDAO <> Ethena <> Morpho at the end of Issue 5
mirror.xyz/nexusmutant.eth/zEPmfAQcvvyWFgm1MJyNLQ2I2WcdCCeE6RYz_OU7m8I
Standouts from Issue 5
🔹**** $GHO yields across DeFi
🔹**** f(x) Protocol LP strategies
🔹**** Gearbox v3 Passive Earn markets
🔹**** Pendle PT & LP strategies
🔹**** Ether.fi Liquid Vault
Thanks to Vaults FYI for giving me an easy way to establish the DeFi base rate, provide an overview of lending markets, and highlight other protocols.
If you haven't checked out Vaults FYI yet, you should!
They're my go-to for finding yield on mainnet and L2s ✌️
www.vaults.fyi/vaults
Friday: $0.91
Saturday: $0.96
Seems like we all got some sleep and decided to wait for redemptions on Monday.
But make no mistake: we need a decentralized stablecoin with minimal if no centralized stablecoin backing that can scale.
In honour of International Women's Day, I want to highlight the incredible women working on @NexusMutual.lens 🛡️
Rox, expert engineer who is incredible at managing all the projects the engineering team tackles. She is always responsive and quickly answers any questions I or anyone else asks. Rox is a true wealth of knowledge 👩💻
Kayleigh, Head of DAO Operations who keeps an open line of communication across all teams working across the DAO and Foundation. She ensures nothing is overlooked, teams are making progress on their stated deliverables, and is working to improve transparency within the DAO 🦸♀️
Andreea, a talented frontend engineer whose work on the Nexus Mutual V2 UI has been incredible. Since she started working on the engineering team, Andreea has tackled so many different tasks and been such a valuable addition to the engineering team.
@semturan.lens, Nexus Mutual's community manager whom I've greatly enjoyed working with over the last year. Sem's research and willingness to learn has been an inspiration. In addition to her work for the mutual, Sem has contributed several great articles to Hackernoon: hackernoon.com/u/semturan
I am incredibly fortunate to work with and learn from Rox, Kayleigh, Andreea, and Sem 😎