Spot Wiggum (@spotwiggum) 's Twitter Profile
Spot Wiggum

@spotwiggum

Research and investing @sourcapital. Former @Delphi_Digital. I write about tokens I like.

ID: 1493407584916840449

linkhttps://flipsidecrypto.xyz/Spot-Wiggum calendar_today15-02-2022 02:11:38

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Remember when a "memecoin" was just 100% circulating? We moved away from the extractive tokenomics of utility/infra coins only to introduce them to memecoins 🙃

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Earning 46% APY on delta neutral WETH/USDC LP positions! GammaSwap 👽 is a revolutionary DeFi protocol that enables traders to hedge impermanent loss from LP positions. By borrowing LP tokens, traders can short LP positions and turn "Impermanent loss" into "Impermanent gain".

Earning 46% APY on delta neutral WETH/USDC LP positions!

<a href="/GammaSwapLabs/">GammaSwap 👽</a> is a revolutionary DeFi protocol that enables traders to hedge impermanent loss from LP positions. By borrowing LP tokens, traders can short LP positions and turn "Impermanent loss" into "Impermanent gain".
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The yield on this strategy is now up to 62% APY Your exposure to $ETH and $USDC (in token terms) is fixed while earning this yield. In other words, you're earning 31% APY on $ETH and 31% APY on $USDC Pretty juicy stuff on Gamma👀

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Genuine question: What will Monad do that Sonic from Sonic Labs can't already do? > 10,000 TPS > 500ms block times (Sonic is at 500-700ms live in prod) > Instant finality > EVM compatible What's the hype? Am I missing something?

Genuine question:

What will Monad do that Sonic from <a href="/SonicLabs/">Sonic Labs</a> can't already do?

&gt; 10,000 TPS
&gt; 500ms block times (Sonic is at 500-700ms live in prod)
&gt; Instant finality 
&gt; EVM compatible

What's the hype? Am I missing something?
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There's some juicy arbitrage opportunities available over on GammaSwap 👽 again You can currently earn 30% APY on a USDC/ETH LP position without any impermanent loss. Supply liquidity to the WETH/USDC Uniswap pool and earn 43% APY (from pure fees). Then borrow (open a

There's some juicy arbitrage opportunities available over on <a href="/GammaSwapLabs/">GammaSwap 👽</a> again

You can currently earn 30% APY on a USDC/ETH LP position without any impermanent loss.

Supply liquidity to the WETH/USDC Uniswap pool and earn 43% APY (from pure fees).

Then borrow (open a
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In the span of just a few days the SEC has now dropped their legal cases against: Robinhood Coinbase Uniswap Metamask The disconnect rn between the sentiment around crypto and the future of crypto itself is wild Exciting times

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Lots of people are very unhappy with $XRP and $ADA being included here But if you want retail to come and buy [your bags] then they need to actually make some money first

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Let me get this straight: - Uniswap Labs unilaterally decides to build an L2 nobody asked for - L2 is a flop - $UNI holders asked to fork out up to $60m in incentives for the chain - Also asked to pay $10m for additional Unichain operations - This is despite Uniswap Labs

Let me get this straight:

- Uniswap Labs unilaterally decides to build an L2 nobody asked for
- L2 is a flop 
- $UNI holders asked to fork out up to $60m in incentives for the chain
- Also asked to pay $10m for additional Unichain operations 
- This is despite Uniswap Labs
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For anyone looking for an intro to GammaSwap 👽 set aside some time to watch this short interview. It covers the team, protocol design and use case, future products (yield tokens), $GS token and more. Gamma

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In the past 2 days, both Coinbase and Binance have launched products enabling users to buy tokens on DEXes directly from within the CEX. Coinbase's Verified Pools and Binance Alpha 2.0. DEX to CEX volume is only going to continue trending up over the coming years.

In the past 2 days, both Coinbase and Binance have launched products enabling users to buy tokens on DEXes directly from within the CEX.

Coinbase's Verified Pools and Binance Alpha 2.0. 

DEX to CEX volume is only going to continue trending up over the coming years.
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Movement in a Nutshell TVL: $5.8m 24hr DEX volume: $54k Live dApps: 8 Controversies: Many Funds raised: $41m ETFs Filed: 1 Dodgy MM deals: 1 Dodgy Trump family deals: 1 Politicians schmoozed: Many Valuation: $5bn Gmove 🙃

Movement in a Nutshell

TVL: $5.8m
24hr DEX volume: $54k
Live dApps: 8

Controversies: Many
Funds raised: $41m
ETFs Filed: 1
Dodgy MM deals: 1
Dodgy Trump family deals: 1
Politicians schmoozed: Many
Valuation: $5bn

Gmove 🙃
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Final stages of testing yield token on testnet 🫡 Earn market leading yields without IL exposure soon! I know it says 0% APY here 😂 but we're estimating ETH yields to be around 15-25% in production

Final stages of testing yield token on testnet 🫡

Earn market leading yields without IL exposure soon!

I know it says 0% APY here 😂 but we're estimating ETH yields to be around 15-25% in production
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$PENDLE is one of the best ways to get liquid exposure to stablecoin growth > A Pendle pool is essential for bootstrapping a new stablecoin's growth (see USDS) > Stablecoin PT's are powerful collateral for borrowing (see demand on Aave) > 83% of TVL is stables (and climbing) >

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This is likely your last chance to scoop some $GS tokens before Gammaswap brings perfectly hedged liquidity provision to the masses. Provide liquidity. Earn high yields. No IL.

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It's disappointing that the Pump team haven't shared specifics on $PUMP token utility. How can anyone underwrite this investment with the vague promise that the team will "give thorough consideration" to value accrual (buybacks etc)? Sounds very non-committal to me.