A DeFi strategy that u can sleep well at night
its not sexy but it works
A DeFi strategy that u can sleep at night while depolying 80% of ur capital in.
its not sexy but it works
🔥 Battle tested Smart contract
🔥 Blue Chip crypto only exposure
🔥 Real non ponzi yield
🔥 prefect DCA product with Yield
Introducing TriCrypto on @CurveFinance
18.45%apr on @arbitrum
13.17%apr on #Etherum
25.15%apr on @Avax
35.81%apr on @FantomFDN
In this thread
1️⃣ What is TriCrypto
2️⃣ Why is TriCrypto something i can recommend frens
3️⃣ When should u enter
4️⃣ Tutorial
1️⃣ What is TriCrypto
It is a Curve's v2 liquidity pool with
stablecoin ( which stables depends on chain)
BTC
ETH
with 33% of each asset each.
Its yield is from trading fees & incentivized emission yield from curve
2️⃣ Why is TriCrypto something i can recommend frens
The TriCrypto pool targets to keep 33% of each asset in most time.
Meaning, each 10 usd of tricrypto u hold u are technically holding 3.3 btc, 3.3 eth and 3.3 usd.
If btc & eth goes down in price, because the pool targets to keep at 33% essentially u will be buying the dip.
u will have more number of tokens in btc & eth
If btc & eth goes up in price, tricrypto will essenitally sell some of the eth btc to keep the 33% balance
Why is it good?
🔥 Battle tested smart contract
🔥 66% exposure in btc & eth with auto rebalancing + yield is something you can comfortablely depoly large amount of capital
🔥 if someone wants stress free exposure to crypto with some yield, this is what i recommend
3️⃣ When should u enter
Because it still has 66% delta exposure in btc n eth. ideally u want to enter when u think
🔹 the market is near bottom for a rebound
🔹 market will be sideways for a while
If u are a god tier trader n can time the market
🔹 enter near low
🔹 sideways a bit so u have time to accumulate yield
🔹 as the market picks up u unwind the position into BTC & ETH only so it doesn't sell ur upside
4️⃣ Tutorial
Go to @CurveFinance & to their site
depending on which chain u want to join
(will be using arbitrum for tutorial purpose)
Enter the pool with ur prefered asset.
Do take note on slippage Loss or bonus
when they pool is imbalance, u will get more or less LP token
Also if u are supply BTC ETH, u are essentially selling 33% into stable
and if u are buying with stable u are essentially buy 66% btc,eth
Go to @ConvexFinance for the boosted yield
Select the right chain
deposit ur LP
Claim ur yield time to time
@curvefinance is old but gold, the typically kol will just shill u the newest thing, i shill things that work.
Face it, market is going stale if people are still talking u into idos either the project is really good or they are not ur friend.
Sometimes boring is what works
Thanks for reading!
Go show some love to my twitter!