yung eskimo (@yuongeskimo) 's Twitter Profile
yung eskimo

@yuongeskimo

i trade markets, and i also happen to be a masochist. #moneycore

ID: 1718634521757618176

calendar_today29-10-2023 14:23:07

1,1K Tweet

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yung eskimo (@yuongeskimo) 's Twitter Profile Photo

its weekend, markets are closed but you can put your capital to work. one-click loop on venusflux to enjoy upto 24.06% Max leverage APY. collateralize with syrupUSDT or wstUSR (use the in-app dex to swap into these) visit flux.venus.io/multiply/56 to try it

its weekend, markets are closed but you can put your capital to work.

one-click loop on venusflux to enjoy upto 24.06% Max leverage APY. 

collateralize with syrupUSDT or wstUSR (use the in-app dex to swap into these)

visit flux.venus.io/multiply/56 to try it
Venus Protocol (@venusprotocol) 's Twitter Profile Photo

As part of our ongoing response to the $THE pool incident, we have reduced the Collateral Factor (CF) of 6 additional markets to 0, effective immediately, until at least the conclusion of this investigation. This precautionary measure targets markets where a single user holds a

Venus Protocol (@venusprotocol) 's Twitter Profile Photo

On the $THE market incident: here's what happened and what we're doing about it. The attacker spent 9 months slowly accumulating $THE to build a dominant supply position. They then bypassed our supply cap by directly transferring tokens to the protocol contract. This is a gap in

yung eskimo (@yuongeskimo) 's Twitter Profile Photo

Here is the post-mortem on the venus protocol incident. TL;DR ~$2.15M bad debt in THE and CAKE markets, No smart contract exploit. Attacker spent 9 months building up 84% of THE's supply cap, then donated tokens directly to the vTHE contract bypassing the supply cap,

Venus Protocol (@venusprotocol) 's Twitter Profile Photo

Venus Flux markets for USR have been paused in response to an ongoing depeg event. Venus Core is unaffected. All user funds are secure. We are actively monitoring the situation and will provide updates as more information becomes available.

Venus Protocol (@venusprotocol) 's Twitter Profile Photo

Every day, banks lend your money to strangers (and they pocket most of the interest). $1.9B is currently supplied on Venus Core by people who decided to cut out the middleman. Here's how on-chain lending actually works. 🧵

Every day, banks lend your money to strangers (and they pocket most of the interest).
$1.9B is currently supplied on Venus Core by people who decided to cut out the middleman.

Here's how on-chain lending actually works. 🧵
Venus Protocol (@venusprotocol) 's Twitter Profile Photo

Borrowing in DeFi is usually pure cost. You take a loan. You pay interest. Capital splits into two sides: “Assets earning” and “Debt costing.” Venus Flux changes that structure with #SmartDebt ⚡️

Borrowing in DeFi is usually pure cost.

You take a loan.
You pay interest.

Capital splits into two sides:
“Assets earning” and “Debt costing.”

Venus Flux changes that structure with #SmartDebt ⚡️
yung eskimo (@yuongeskimo) 's Twitter Profile Photo

These are the supply rates on binance wallet currently, let your idle capital work for you🔥🔥. Here is how to: - log in to your Binance app (make sure it’s updated) - switch to wallet mode at the top of your screen - tap the "earn" button - then you tap "protocols" you

These are the supply rates on binance wallet currently, let your idle capital work for you🔥🔥. 

Here is how to:

- log in to your <a href="/binance/">Binance</a> app (make sure it’s updated)
- switch to wallet mode at the top of your screen
- tap the "earn" button
- then you tap "protocols" 

you
yung eskimo (@yuongeskimo) 's Twitter Profile Photo

Here are the top yield looping vaults on venusFLUX, what will we be looping today? 1. syrupUSDT Collateral - USDT-USDC Debt 23.52% (Supply 3.81% | Borrow 1.46%) 2. syrupUSDT Collateral - USDT-U Debt 19.56% Max Leverage APY (Supply 3.81% | Borrow 2.06%) 3. syrupUSDT

Here are the top yield looping vaults on venusFLUX, what will we be looping today?

1.  syrupUSDT Collateral - USDT-USDC Debt 
23.52% (Supply 3.81% | Borrow 1.46%)

2. syrupUSDT Collateral - USDT-U Debt
19.56% Max Leverage APY (Supply 3.81% | Borrow 2.06%)

3. syrupUSDT
Venus Protocol (@venusprotocol) 's Twitter Profile Photo

Venus Flux 1 month in. $163M+ already supplied. 📈 $1M launch rewards are still live and there’s still time to earn your share. Supply stablecoins. Earn continuously. 🪙 Total Rewards Pool: $1,000,000 ⏳ ~30 days remaining 💰 Your Share = Your Supply × Time Supply early.

Venus Flux 1 month in.

$163M+ already supplied. 📈
$1M launch rewards are still live and there’s still time to earn your share.

Supply stablecoins. Earn continuously.

🪙 Total Rewards Pool: $1,000,000
⏳  ~30 days remaining
💰 Your Share = Your Supply × Time

Supply early.