DeFi Alpha Call #19 Recap

Hello Defiers! This is the recap of our latest DeFi Alpha Call that took place on 9/19/2022 in Discord.

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Today, we had Zachary Dash with us, a core contributor to Flashstake. The Flashstake protocol lets users get up-front yield on assets that they deposit at a fixed rate for a certain amount of time.

Zachary explains how the protocol works with popular DeFi apps like Aave. Flashstake is currently looking to bootstrap liquidity using $FLASH token incentives.

Check out the tutorial and earn an instant upfront 15.64% APR by Flashstaking ETH.

DeFi, NFT & Web3 Insights – The Defiant ⍺ DeFi Alpha: Earn 60% APR On Cosmos’ ATOM With Stride Liquid Staking Yields: Up to 30% APR on Stablecoins, 14-16% on ETH and BTC Starter Tutorial: Earn An Upfront 15.64% APR By Flashstaking ETH Degen Tutorial: Earn 60% APR On ATOM With Stride Liquid Staking DeFi Alpha is a weekly newsletter published for our premium subscribers every Friday, contributed by Defiant Advisor and DeFi investor at… Read more 2 months ago · 10 likes · yyctrader

Market Overview

ETH

• Ethereum miners have been selling off their holdings. They were buying ETH right up until the Merge, and since then they’ve been selling heavily.
• There’s still an overhang of more than 240,000 ETH sitting in miner wallets. And we don’t know how many of them plan to stake under proof-of-stake so that’s a headwind for ETH.

ATOM – Slow And Steady Rise

• ATOM has a much more positive chart.
• Interchain security is an upcoming catalyst, along with Cosmoverse next week.
• Interchain security will let new projects build their own chains in the ecosystem and then use the ATOM validator set to secure it, rather than their own native tokens.

Bitcoin – Looks Like Death

• So far, this chart has been the weakest, but we are at support and bulls could pull off a miracle and turn it around from here.
• Investor sentiment is in the dumps and has been for some time.

Macroeconomic conditions

• Global markets continue to trade lower with the Fed on Wednesday
• I think the chances of a 100bps hike are low and the U.S. central bank will go with another 75bps.
• Cautiously bullish since we’re at support but will be quick to bail if we start to break down. Not financial advice, just sharing my positioning.

NFT Roundup

Overall a decent week, even though sales volumes continue to slide, it seems that the majority of liquidity is going to the so-called blue chips.

Renga is the newest kid on the block and topped OpenSea’s chart last week. To get the characters, you burn these black boxes, which were the original mints.

Doodles moved higher last week after raising $54 million at a valuation of 700 plus million, which is amazing in this market.

ENS is consistently in the top 10 as collectors find new permutations and combinations. People minted negative numbers last week.

.sol Names

.sol names on Solana have been picking up, and they are still cheap.

Yields and Tutorials

• Yields: Up to 30% APR on Stablecoins, 14-16% on ETH and BTC
• Starter Tutorial: Earn An Upfront 15.64% APR By Flashstaking ETH
• Degen Tutorial: Earn 60% APR On ATOM With Stride Liquid Staking

DeFi, NFT & Web3 Insights – The Defiant ⍺ DeFi Alpha: Earn 60% APR On Cosmos’ ATOM With Stride Liquid Staking Yields: Up to 30% APR on Stablecoins, 14-16% on ETH and BTC Starter Tutorial: Earn An Upfront 15.64% APR By Flashstaking ETH Degen Tutorial: Earn 60% APR On ATOM With Stride Liquid Staking DeFi Alpha is a weekly newsletter published for our premium subscribers every Friday, contributed by Defiant Advisor and DeFi investor at… Read more 2 months ago · 11 likes · yyctrader

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