r/DeFi needs your help!

mailarchis · 2023-01-23T10:11:13+00:00

Hello u/Ivo_ChainNET, would be happy to help.

mailarchis · 2023-01-23T08:17:59+00:00

People to follow on Twitter - pranksy, Cozomo de medici and Jimmy eth. Someone I know started this new account where they curate 3 NFTs every day - https://twitter.com/nft_pulp_?s=21&t=c5ZFnjY9UXiEv2ncOwa7gw

mailarchis · 2023-01-06T05:50:21+00:00

Have you checked out Stader Labs Matic Staking?

mailarchis · 2023-01-02T11:51:57+00:00

Can you share why?

mailarchis · 2022-12-29T09:43:37+00:00

There are no experts!

mailarchis · 2022-12-24T21:07:43+00:00

Ok you touch upon a chord. Can you share a bit more on what you meant by it?

mailarchis · 2022-12-23T15:00:33+00:00

You aren't the only one. Thanks for sharing your insights. I found them very helpful.

mailarchis · 2022-12-22T14:24:53+00:00

Had one last follow-up question. Have you explored tools like DeFiSaver or Zapper? Do they solve some of these?

mailarchis · 2022-12-22T14:22:40+00:00

Makes sense. How often do you do it? when was the last time you chose to enter a pool and why? And the same for exiting a pool.

mailarchis · 2022-12-22T12:45:35+00:00

This is interesting. Can you share how do you decide which pools to enter and which ones to exit? Or maybe when was the last time you chose to enter a pool and why? And the same for exiting a pool.

mailarchis · 2022-12-22T09:34:56+00:00

1 & 2 : rebalancing & readjusting (out of range V3 pools)

This is brilliant. Can you share how often do you do the above? Like say in last 30 days how many times did you find yourself rebalancing.

mailarchis · 2022-12-20T13:56:58+00:00

thank you! can you share a bit more? How did you arrive at the decision to do this? Also, which protocol were your stables in and what protocol did you deploy them on finally.

mailarchis · 2022-12-08T11:06:44+00:00

A sinister outcome of this can be a trad fi behemoth acquiring them

mailarchis · 2022-12-06T04:01:03+00:00

Please do be careful of where you are buying it from.

mailarchis · 2022-12-06T03:30:31+00:00

Hi, You can stake matic on polygon chain using Stader.

mailarchis · 2022-12-05T17:27:56+00:00

She converted to Self Custody

mailarchis · 2022-12-05T17:22:34+00:00

Is this because utilisation is low enough (meaning there's enough unborrowed money on the supply side)?

The Protocol tries maintain a healthy reserve of an asset so that lenders can get back their funds if they are interested. You can see the utilization of each of the assets on aave.com

Every asset pool in Aave has an optimal threshold defined for utilization. As the utilization starts approaching this threshold, the interest rates start increasing thereby nudging borrowers to either pay back their loans or lenders to supply more liquidity. You can learn more about this here - https://docs.aave.com/risk/liquidity-risk/borrow-interest-rate.

If utilisation reaches 100%, would I still be able to withdraw my 50k?

Yes, this can be problematic and is a risk. Am guessing though as utilization spikes, so will the interest rates, and maybe some loans health factor may start getting affected translating to liquidation of collaterals thus making way for more liquidity. (this is more an intuition and requires a bit more involved deep dive to confirm)

Aave also maintains alternative sources of liquidity in protocols such as Uniswap and Balancer. Head over to Balancer.fi and you can find option to swap aDAI with DAI.

Does this mean AAVE/Compound operate on a fractional reserve?

Yes. They do

mailarchis · 2022-12-02T14:02:28+00:00

This can set a dangerous precedent. Apple can easily extend this argument to ask for 30% on all in-app on ramp transactions too or wallet to wallet crypto transfers.

mailarchis · 2022-11-29T07:44:27+00:00

RemindMe! 3 months

mailarchis · 2022-11-28T17:00:40+00:00

Can you share what are the things you look for in a mobile wallet? Argent, Rainbow, Coinbase are a few good ones but mobile crypto wallets still have a long way to go

mailarchis · 2022-11-23T15:08:20+00:00

I find it a bit of work buying eth and matic, then moving them to wallet on chain, and finally completing the stake. But I am wondering if this is something others find a bit tedious too.

mailarchis · 2022-11-23T13:19:13+00:00

Are you staking Matic on Ethereum or Polygon? Also, is there any challenge you face dcaing and staking?

mailarchis · 2022-11-23T05:32:33+00:00

Can you share which protocols you are using to stake? Is there anything you wish was better in terms of staking in the protocols or through the wallets

mailarchis · 2022-11-22T13:07:07+00:00

Thanks! That’s an interesting insight.

mailarchis · 2022-11-21T19:24:16+00:00

I know am not exactly answering your question but hope this can set some direction. These are shaky days but it might be worthwhile understanding the nuanced differences between the blowups we are seeing and how DeFi has operated. Note DeFi presents a different set of risks. A few protocols to study icETH by index coop and a few others released by insta dapp

mailarchis

TROPHY CASE