humble intern @origami_fi || DN enthusiast
Joined May 2024
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- Following175
- Followers913
- Likes6.2K
Origami Intern retweeted
OPAL @ethena vaults looking good here.
By popular demand:
9x "Liquid Leverage" @ethena sUSDe/USDe OPAL vault via @aave on mainnet!
💠 13%+ APY
💠 Deep USDT liquidity
💠 Folded sUSDe + Merkl yield
Self-optimising to maximise @merkl_xyz rewards across campaigns🔋
blz read and cek out our Discord for further discussion / details <33
intern wanted to make a thread about it but is pretty self-explanatory
streaming thoon, gOpal <3
We are sunsetting all existing @berachain vaults following the upcoming changes to PoL.
Naturally, all vaults on Ethereum & Plasma will remain operational.
See the full announcement on Discord below👇
End of a b/era!🐻
remember the time when intern spent 1 eth assembling her first ever team (it was all she’s got), went super duper bullish on it and made it all back in 1 month. Peak crypto gaming time. Game was actually fun as hell too if you’re into nerdy deck builder stuff.
Two years ago, one of the most epic comebacks in @AxieInfinity history.
Axie Classic at its best.
Origami Intern retweeted
More OPAL vaults incoming!
12.5x folded @EtherFi weETH via @aave on Ethereum mainnet
💠 9%+ APY
💠 No caps or fees on deposits / exits
💠 Analytics to track yield spreads and NAV
We simply keep shipping 🤝
OPAL is live.
Deposit into the first vault now:
"Perpetual PT sUSDe"
9x folded @pendle_fi PT sUSDe via @aave on @Plasma
- Auto roll-over at expiry
- No entry/exit fees
- Deep USDT0 liquidity
30d annualised RoE: 10%
More @ethena vaults coming soon™️
working on fixing intern’s camera still,
will be streaming non-stop once imtern gets it all sorted >,<
onwards and upwards 🗻
Origami Intern retweeted
"if they do convert, backing goes +10%, everyone can borrow 10% more per OHM => hOHM does another $15m in OHM purchases over the following yr"
a third party proposed increasing the Olympus CDs cap to $60mil with a $5mil/day target
proposer funded directly from large wallet that recently bought $4m of OHM on open market, so clearly wants exposure.
reminder: deposits to CDs have all yield go to buying back and burning OHM => makes the CDs more likely to convert profitably => new deposits to CDs higher +EV => positive feedback loop
$50m of hypothetical CDs (idk how much they want in reality) = extra $5.5m/yr annualized buybacks just from the CDs
if they don't convert, free $5.5m of buybacks and protocol gives nothing back in exchange, win.
if they do convert, backing goes +10%, everyone can borrow 10% more per OHM => hOHM does another $15m in OHM purchases over the following yr, which...
makes it more attractive for someone to ape another $50m into CDs and start it all over again
(idk if the proposer will ape 50mil or anything at all, but seems odd to propose this if you didn't want to use it)
intern is still going through mid-life crisis
mix of a jungle asian and thy coloniser (love you mum)
[redacted]$$ in 9x Liquid Leverage in sUSDe/USDe on @origami_fi ‘s newest OPAL vault
life is spicy yummy macaroni 🥰
Origami Intern retweeted
The next OPAL vault is here!
9x "Liquid Leverage" sUSDe/USDe @merkl_xyz loop via @aave on @Plasma
💠 15%+ APY
💠 Deep USDT0 liquidity
💠 Folded sUSDe + Merkl yield
Self-optimising to maximise Merkl rewards across campaigns🔋
More @ethena vaults coming soon™️
OPAL is live.
Deposit into the first vault now:
"Perpetual PT sUSDe"
9x folded @pendle_fi PT sUSDe via @aave on @Plasma
- Auto roll-over at expiry
- No entry/exit fees
- Deep USDT0 liquidity
30d annualised RoE: 10%
More @ethena vaults coming soon™️
do you remember when Gami Intern joined X?
it’s been 2 years 🎉! #MyXAnniversary #StayDegen
onwards
Here's what happened in April @ethena:
• Announced a planned diversification of $USDe backing.
• USDe was listed on @aave's @megaeth instance.
• Crossed $600m in Ethena Whitelabel stablecoin supply across USDm, jupUSD, and suiUSDe, with more to come.
• @BitGo integrated Ethena-powered dollar savings for institutional clients.
• @krakenfx became the first US exchange to support Ethena rewards on $USDe.
• Partnered with @lifiprotocol on LI.FI Earn, a new product enabling any wallet, app, or fintech to offer onchain savings to their users.
• Launched new Ethena pools on @pendle_fi across the full range of Ethena assets.
• @origami_fi launched a new vault built on Ethena assets.
• @3janexyz added Ethena assets to their credit-based money market.
• $BASED claiming for all eligible sENA holders went live.
• $4m in rewards distributed to reUSD and reUSDe holders in under a year via @re.
• @etherealdex began alpha testing Ethereal Predict, a USDe native prediction market
• Opened new roles. ethena.fi/careers
• Operated through the rsETH incident without any issues - billions in $USDe mint and redeem flows handled cleanly, with Ethena contributing to the recovery.
Onwards.
Origami Intern retweeted
hOHM now has $2.7M+ in rolling buying power following the activation of OIP-194A!
That is $15k+ in automated buybacks every day for 181 days (until October 27).
All hOHM is bought from the market and subsequently burned🔥
Origami Intern retweeted
OIP-194A has passed! 🏛️
An estimated $2.6M+ in hOHM buyback and burn capacity will be effected by the proposal
(i.e. ~$14.5k/day over the course of 6 months)
This increases OHM exposure per token and is equivalent to ~$50k daily buy pressure on OHM!
Origami Intern retweeted
The first OPAL vault is live! 🎉
"Perpetual PT sUSDe" on @Plasma
Fully hands-off 9x looping via @aave (incl automated PT roll-overs at expiry)
Bear markets are for building and we are far from done 🌱
Perpetual PTs are just the beginning.
More OPAL vaults coming soon™️
OPAL is live.
Deposit into the first vault now:
"Perpetual PT sUSDe"
9x folded @pendle_fi PT sUSDe via @aave on @Plasma
- Auto roll-over at expiry
- No entry/exit fees
- Deep USDT0 liquidity
30d annualised RoE: 10%
More @ethena vaults coming soon™️
Origami Intern retweeted
OPAL is live.
Deposit into the first vault now:
"Perpetual PT sUSDe"
9x folded @pendle_fi PT sUSDe via @aave on @Plasma
- Auto roll-over at expiry
- No entry/exit fees
- Deep USDT0 liquidity
30d annualised RoE: 10%
More @ethena vaults coming soon™️
Your crypto vault is managed by a 40 year old virgin who pretends to be an e-girl (not intern though :3)
if something starts looking risky it rebalances itself,
and guess what?
you can take your funds out whenever.
Your share is just a normal token, you can use it as collateral or send it to your grandma or whatever.