robΞrto 👽
@iamrobmart
23 | building @gammaswaplabs | prev eng @meta
ID: 1434632928412246016
http://robertom.xyz 05-09-2021 21:42:16
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This is a game changing product LPing just turned into buying a token + yield Start your engines, extremely bullish GammaSwap 👽
Giga quants at GammaSwap 👽 figured out how to run Ethena-style basis trade on AMM yields. Works with any token. First up is ETH. Currently 38% APY. Read that again.
The TVL of GammaSwap 👽 just hit $20M in TVL and I think it'd be worth to keep an eye on it Some pools are great, and you get to automatically hedge Impermanent Loss and get esGS rewards look at this great $BTC / $ETH LP with 213% APY for example 👇
You don't know how big this thing is 🤫 GammaSwap 👽 just introduces beta version of gETH. You might argue: "What's the point of going through complex strategies to earn $ETH yield when you could simply hold stETH or eETH?" The point is stETH and eETH detive their yields
The argument of Solana’s higher TPS makes it better than the ETH eco falls flat because of ETHs unmatched innovation in DeFi. That’s where the edge is. Here is the list to name a few. I don’t see any of this happening on Solana. Pendle Fluid 🌊 GammaSwap 👽 f(x) Protocol