
Options master | Devrel | L2 Ecosystem X @LyraFinance 24/7 supporteoor
Moon
Joined June 2022
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Ryan π’ retweeted
Coming soon @lyrafinance V2 will be turbocharging the derivatives trading experience with a series of upgrades:
-Portfolio margin
-Capital efficient spreads
-Multi-asset collateral
-Loss-minimizing partial liquidations
-A frictionless user experience
mirror.xyz/lyra.eth/AmkKdjIgβ¦
Ryan π’ retweeted
From a scaling factor of under 1 to 5.25X in 1 year, Layer 2 Rollups, now process 5X the transactions of Ethereum mainnet.
In another year, this comparison won't even make sense as Layer 2s will process so many magnitudes more transactions.
Ryan π’ retweeted
The trading experience on Lyra v2 will feel like a CEX.
The difference? You will always hold your private keys and maintain complete ownership of your funds and positions. Performance with transparency, no compromise.
Get early access β‘οΈ lyra.finance/v2
Ryan π’ retweeted
i dont know how anyone can look at the exciting tools being built daily in crypto and not be bullish
Ryan π’ retweeted
What do you think crypto looks in 5 years?
I personally think it will be much larger than it is today, and permeate our everyday lives and the entire financial system.
Ryan π’ retweeted
Good Morning, GM Digest #34
Headlines
- Slightly Green Market Today
- Linea & Base TVL
- Pendle RWAs
- Binance Labs x Pendle
- Maple Raised $5M
- Ajna Finance is Live
- Artemis Terminal
- Velocore IDO
- Radpie IDO
- Base Club IDO
- Degen Shit
- Yield Farming
Read More Below π
Slightly Green Market Today
β’ $BTC & $ETH price increases 1.5% & 2.6% Overnight
β’ Both network security & reliability have increased during the down turn in price last week - BTC hash rate & ETH staking rate have shown to continue to improve regardless of the price
Linea & Base TVL Inflow
β’ @LineaBuild & @BuildOnBase seeing top TVL inflow (Both at ATH) with Linea TVL at $16.5m & Base TVL $191.7m
β’ Linea β Main inflow comes from @KyberNetwork (Stables LP offering 15% APY) & @MendiFinance (ETH Liquidity Mining offering 20%+ APY)
β’ Base β Main inflow from @compoundfinance, @SushiSwap, @MagnateFi
Pendle RWAs
β’ @pendle_fi integrates sDAI by @spark_protocol & fUSDC by @FluxDeFi
β’ Users can now speculate, hedge, or earn boosted rewards on top of the RWA yields provided by these assets
Binance Labs Invests in Pendle
β’ @binance has made a strategic move to invest in Pendle for an undisclosed amount
β’ This could potentially lead to Binance integrating at a deeper level with Pendle, democratising yield opportunities for Binance users π
β’ $PENDLE increased 12% in price overnight due to these two bullish news
β’ Reminder that $PNP @Penpiexyz_io remains the best beta play of $PENDLE
Maple Raised $5M
β’ Round led by BlockTower and Tioga to fund expansion to Asia. The RWA race is on in the East led by MatrixDock, OpenEden and stUSDT
β’ Upcoming catalysts: revamped tokenomics, fund treasury for long term growth, Solana re-launch
β’ @maplefinance is an onchain credit marketplace for institutions w $2.2B in loan originations.
β’ FTXβs collapse left the platform w $54M in bad debt but the platform is making a nice recovery (TVL $46M) with Cash MGMT (Tbills) and its own lending arm
Ajna Finance is Live
β’ You can now deploy a pool for any ERC20 pairing and facilitate borrowing and lending for long tail assets and earn $AJNA incentives
β’ @ajnafi is a permissionless money market protocol with a novel mechanism to eliminate external oracles and governance
Artemis Terminal
β’ @Artemis__xyz Introduces a No-Code Interface for Crypto Analysts
β’ Users can freely create dashboards & charts real-time on an intuitive chart builder platform
β’ More Details to Get Started: nitter.gq/Artemis__xyz/staβ¦
Linea's Velocore Ongoing IDO
β’ @velocorexyz successfully filled its private overflow IDO with 235 E (260% oversubscribed)
β’ Public overflow IDO is currently ongoing with 73 E raised (only 16% filled). The overflow farming APR is looking juicy at 5200% at the moment
Radpie IDO
β’ @Radpiexyz_io announced more details on its upcoming $RDP IDO
β’ There'll be 2 Rounds: 1st Round at $5m FDV & 2nd Round at $10m FDV
β’ Whitelisted users (mdLP stakers, vlMGP, etc) will have priority access in both rounds
β’ Mainnet & IDO will happen in September
Base Club IDO
β’ @BaseClubGames will be launching its IDO in 9 Hours. Seed Round of 50 E was quickly filled
β’ Base Club is the First Decentralized Lottery Casino on Base. The platform is pretty sleek and it's getting a lot of support from KOLs
β’ [KEEP YOUR EYES ON DIS -- HIGH PUMPABILITY]
Degen Shit
β’ $PRIZE ponzi getting popular β’ @PrizeTG is Deflationary TG staking prize bot. Send prize for a chance to win payout ($PRIZE gets burnt), losers get $PRIZE refunded
Yield Farming Section
β’ @HMXorg: USDC 40% APR, GLP 19% APR, esHMX 41.5% APR
β’ @tangibleDAO: USDR 17.2% (7.2% Baseline, 10% TNGBL)
β’ @ExtraFi_io: USDC-USDR Up to 94% APR -- Leverage Yields
------------------------------
Personal Note:
Packed episode today. Will start to add more alpha since I have an intern onboard to help out β’ Officially announcing & appointing @pepsinated as Jeff's Intern
Thanks for reading everyone. Will be heading out to @CoinfestAsia Main Event Now. Let me know if anyone is around to meet!
Ryan π’ retweeted
Reflecting on how far the Ethereum ecosystem has come with scaling over the years
From state channels to plasma to rollups & everything in between - it's been a long journey
Still lots of work to do & I have zero knowledge on how the future will unfold, but I am optimistic π
Ryan π’ retweeted
If someone asked you "What is Lyra V2?"
Would you have a good answer?
Bookmark this thread as a TLDR to our most significant upgrade yet. ππ§΅
Ryan π’ retweeted
L2s has now reached an ATH again on Txns processed.
An average of 54.05 TPS, far greater than Txns processed on Mainnet.
Base and friend tech effect in play.
The future of Ethereum still remains
Scaling.
Ryan π’ retweeted
The @lyrafinance V2 protocol is the culmination of 12 months of rigorous research and development.
In these threads lets explore the key features of the protocol's design π§΅π
Ryan π’ retweeted
As the market matures, more protocols join the Options ecosystem. Sometimes we are on top and sometimes we are not, but is nice to see that when volatility hits @lyrafinance is able to lead the market.
And that's with v1, imagine with v2... π
Ryan π’ retweeted
If you don't reflect and learn from your mistakes, the markets will keep teaching you the same lesson.
Upgrade your mental algorithms.
Ryan π’ retweeted
Use the right tools and it will turn your dusts into moon bags.π
I'll show you how to use them to DYOR like a pro!
5 FREE tools to find the next 100x crypto gemsπ§΅π
**Confidential**
Ryan π’ retweeted
Lyra V2 is going to be incredible!
Need more proof? Check the below π§΅
$lyra = π¦π
There's a lot of outdated information being spread about Lyra v2.
One claim that seems to be making the rounds is that v2 has so much horsepower packed under the hood, the DEX will rumble upon wallet connection.
That is actually true.
mirror.xyz/lyra.eth/AmkKdjIgβ¦
Ryan π’ retweeted
There's a lot of outdated information being spread about Lyra v2.
One claim that seems to be making the rounds is that v2 has so much horsepower packed under the hood, the DEX will rumble upon wallet connection.
That is actually true.
mirror.xyz/lyra.eth/AmkKdjIgβ¦
Ryan π’ retweeted
L2s are nearing towards ATH again in TPS.
The last time we saw that was 23rd March, 2023, at an average TPS of 49.93.
Now, it's 48.59, Everything is happening on L2s.
The next bull run will revolve around L2s
This just proves that the future of Ethereum is Scaling.
Ryan π’ retweeted
Tokenomics Tip of the Day πͺ
1. Check the FDV of every token on @coingecko before you invest.
2. If the FDV is significantly higher than the MCAP, go to @Token_Unlocks to see the unlock schedule for your token.
FDV = Fully Diluted Valuation
Or the Market Cap of your token if all locked tokens were suddenly released into circulation.
Why is this important?
It can tell you just how bad your tokenβs future inflation could be.
Is a high FDV always a bad thing?
Not necessarily.
Many tokens may be subject to a long unlock schedule or permanently locked.
Thats why its important to investigate further with Token Unlocks.
Ryan π’ retweeted
disagree.
Solving liquidity fracture across many chains is both incredibly difficult and also pointless when UX reaches the point where you don't need to know what chain you are using.
Appchains are far superior in that endgame as they allow for gasless txs (isolated fee markets) + other customizations.
I think its also the first time we will see true competitive moats form as it actually takes a lot of expertise and resources to launch an appchain with good UX (compared to simply forking a defi protocol).
I'm sure some people will continue to use DeFi as it is now, but it wont be new entrants or institutions.
Ryan π’ retweeted
Sooooo, earn fees, $PENDLE, $OP and $VELO? π
$PENDLE is now (finally) live on Optimism (precisely, on @VelodromeFi)
The upcoming @pendle_fi deployment on Optimism will instantaneously improve DeFi on the L2 by at least 69%.
Boom - the PENDLE/wstETH pool is now live on @VelodromeFi
Starting today, you'll be able to earn Fees + PENDLE by depositing and staking liquidity, with OP + VELO incentives coming later.
With this, the foundation is now set for Pendle's expansion into @OptimismFND π





























