deep down the rabbit hole at this point. post about defi mostly.
Tough day for crypto degens but toby on base holding up well. May actually be something.
Do we think W stakers will get me monad? If so W price down only should reverse.
Degen L3 is an interesting play right now. Wait for the rig dust to settle first week and apr first real project. Will do well in short term due to farcaster vibes alone.
Fdv is a meme. Ethfi at 6b fdv. Ldo at 3ish. Make it make sense. Im ngmi this cycle.
Vote best farm right now
(1.) lrt / eigen points on mainet or arbitrum. Easy 100+ apr on eth even on L2. More if levered but taking liquidation risk.
(2.) Prcl points on Solana. Relatively low risk 200+ apr on stables based on current value of points. Current emission rate ending soon but likely continues beyond tge like ethfi has done.
(3.) HL on arbitrum. Volume 2nd only to dydx has printed 70+ apr on HLP since inspection users happy to loose to farm HL points. Any loss mostly offset by points for HLP as well.
(4.) Mantle ethena shards. Something like 50~100 apr depending on how many ape innfor staking MNT for next month.
So yeah I midicurved and sold ethfi drop at 4 now at almost 6. Obvious bet as the only liquid eigen beta atm. I sacrifices for your bags. Lets hope this pumps renzo and the like drops.