GODI

1.58% $CHIP drop for 8months of farming. This guys, is a new record.

is @apyx_fi $apxUSD the new $thbill ? I couldn't think of a worst product to get exposure to $STRC than this shit run by a gigantic team of griters . Let's check at the facts: - Rugged everyone by showing a much higher cash exposure than real one showing self minted apxusd with no backing - ApxUSD CONSISTENTLY trading 2-4c under redemption value/NAV , completely team gated redemptions - Still unclear where the f arb profit goes when team buys back and redeems against backing , asked a bunch of times, no response. - APyusd has a gigantic fee or 20d cd (when divi comes every two weeks?) - Unclear how much of the divi goes to backing vs apyusd contract ( they just do whatever TF they feel like doing?) Gl to to everyone that uses this to get exposure to $STRC, what a gigantic bunch of grifters.

As expected, @Ostium understands to keep shop open needs to make OLP depositors whole. Happy because it's the first announcement where it's clearly stated. Looks like we might have dodged a big fucking bullet boys

.@0xfluid is rugging its users to benefit themselves. They have a vault called Lite USDC that redirects user deposits into (mostly) loops on Fluid. They pay back a small amount of the yield and keep all the airdrop points (Allo for sUSDai in this case) for themselves. As you can see in the image, the Lite vault currently holds a big sUSDai/USDT loop on Plasma, pushing USDT0 rates high. Instead of reducing this position, they went against their own users and forced a mass reduction of the sUSDai-USDT0/USDT0 LP position — which, as seen in the image, is far less carnivorous in net borrows. But they only care about themselves. It's especially funny that they'd do this just a week after announcing a LaaS service with @USDai_Official, where they were expected to add $100M in LP for sUSDai. So the master plan is: rug the real users providing $60M of liquidity on Plasma, then provide that liquidity themselves (using Lite USDC money and keeping all the Allo, of course) on mainnet — while charging a 2% "LaaS service fee" that we obviously don't see a cent of. TL;DR: - Normal LPers rugged out of their positions - Lite vault depositors rugged out of the real APY their deposits generate - @USDai_Official rugged on liquidity — nearly net-zero increase in depth, plus paying 2% extra for nothing - @0xfluid jews use zero of their own money, gives pennies back to LPers, screws everyone, and keeps ~90% of the financial profit. GGs

more like jaas (Jews-as-a-service). Basically use the fluid lite usdc deposits, to lp in susdai diluting all lpers and get preferencial treatment getting 2% positive carry (fully looped around 15-16% extra) + jew all the allo for fluid, and give back just 8% to lite depositors. They get 20% intrinsic +20-30% from chip and they give you back 8% NICE 80% FEE! Also, nice fuck you to normal susdai lpers, who don't get the pleasure to get this extra 2% but have to compete for borrow rates being pushed higher and into negative carry by fluid themselves. So basically, only fluid wins, users and usdai get completely fucked, amazing tech!

I dont think theres a better farm rn than ostium $OLP, recent changes made it so vault is not exposed to traders pnl, stable 10-15% apy in opening fees and points. Crypto is dead but if theres any narrative left is RWA/stocks which ostium excels over HL as of rn with his rfq mechanism vs OB , also way lower and more predictable funding, thats why we are seeing big traders switch over there. My biggest farm rn

Up 4% arbing apyusd depeg and redeeming, down -20% in strc, amazing

pure comedy pursuing legal actions after sandwitching all the comunity for millions. Fuck you idiot

Aged like fucking fine wine

At least mfers from stream or mainstreet had to work on creating a ponzi to scam, these curators just go like yeah well lend you 100M of depositors money , take 10% and when things go bad they just go “oopsie we didnt know”. JFC give me the 100M i lose them myself lmao. I really think morpho/euler whatever should make this guys post collateral/equity as a junior tranche for them to be able to curate those markets, so they actually have a minimal incentive to not royally rape their LPers.

I don’t know how many more defi projects have to blow up for us to realize curators are the most useless scum of our space. Their only “value prop” Is doing DD on defi projects, which they clearly don’t fucking do, and they get a free cut + incentives anyways after leading LPs to the slaughterhouse.

Current locked $RE higher than my liquid networth, love to see it

Skill issue, crypto is the best thing that happened to me, and up only for the last 4 years