Curve’s Stablecoin Trades Within 0.5% Range For First Month

MakerDAO Mulls Proposal To Boost DAI Savings Rate

 Up to 18% APY on Stablecoins, 10-55% APY on ETH and BTC

DeFi Alpha is a weekly newsletter published for our premium subscribers every Friday, contributed by Defiant Advisor and DeFi investor at 

. It aims to educate traders, investors, and newcomers about investment opportunities in decentralized finance, as well as provide primers and guides about its emerging platforms.

Two years ago, DeFi investors could easily name every yield farming opportunity without much effort. It was a simpler time, when only a handful of teams had launched with any liquidity to trade, lend, borrow, provide liquidity, or even demonstrate new primitives such as no-loss savings by PoolTogether.

But times have changed! Before the current bear market took hold, DeFi liquidity had grown to hundreds of billions of dollars across Ethereum with new burgeoning DeFi economies taking shape on EVM-compatible chains such as Polygon and Avalanche and non-EVM chains such as Cosmos and Solana. Any given day, a new DeFi or NFT project is launched.

So, after writing and creating countless DeFi guides and tutorials since 2019, we at The Defiant agreed it’s time we publish a more detailed weekly guide on all you need to know to keep up with new opportunities.

Any information covered in DeFi Alpha should not form the basis for making investment decisions, nor be construed as a recommendation or advice to engage in investment transactions. Any mention of a token or protocol should not be considered a recommendation or endorsement.

 is the most comprehensive dashboard for Liquity protocol with unique automated liquidation protection features. Now, with full support for the newly launched 

Each week we will provide options to earn yield on ETH, WBTC, stablecoins, and other major tokens.

 – 55% APY with pETH/ETH Curve LP staked in Convex via Concentrator 

This yield is accrued in aCRV + trading fees compounded in the LP.

Then, one must stake/deposit the Curve LP under the 

 – 9.81% projected vAPR with the Curve pBTC+sbtcCrv LP staked in Convex

This yield is accrued in CRV, CVX, and trading fees.

To participate, one must first deposit pBTC, renBTC, sBTC and/or WBTC into this 

 – 6.15% APR with AVAX in Vesper Grow Pools 

This yield is issued in 4.39% AVAX + 1.76% VSP.

To participate, one must deposit into the AVAX pool 

There is a 0.6% fee on withdrawal from Vesper Grow pools and a 15% platform fee on yield generated by the deposited assets.

 – 8.6% APR staking SOL with stSOL by Lido 

This is backed only by Solana staking yield.

To participate, one must deposit stSOL in the 

To obtain stSOL, one can trade on a Solana DEX or mint it 

 – 14% APY with 50/50 MaticX-WMATIC LP on MeshSwap 

The yield is backed by validator rewards using the MaticX liquid staking derivative + MeshSwap trading fees + MESH rewards + SD rewards.

 – 20.9% APR staking ATOM with Keplr Wallet on Cosmos Hub 

rank by APR, choose a validator, and click 

Then, I specify how many ATOMs and follow the prompts to 

 – 4.7% APY staking sFTMx liquid staking derivative by Stader

The yield is issued in FTM rewards, as sFTMX is earning FTM via validator rewards to support Fantom’s PoS network.

To participate, one must deposit FTM to receive sFTMX 

 – 18.32% APR with the LUSD/MAI LP staked in Velodrome on Optimism

To participate, one must deposit and stake in 

Leveraged yield farming – Why most users fail

It comes as no surprise that the majority of the highest yields in DeFi come from utilizing leverage or debt. What is surprising however is that many of these high yields have displayed an astonishingly low rate of alpha decay over the past year. Where normally high yields decline over time as more participants enter the position, leveraged yield farming strategies oftentimes maintain their rate of return. Why is that?

Operating a leveraged yield farming strategy requires that users know:

Which risk parameters to choose for your loan

Furthermore, leveraged strategies require active monitoring and management. A healthy level of collateral must always be maintained in order to avoid liquidation. With so many barriers to entry it’s no wonder that most users don’t utilize leveraged yield farming. That is, until now.

 is enabling any user to create their own leveraged yield farming strategy all within a few clicks. Each strategy is autonomously maintained and users can deposit funds into pre-built strategies or create their own with custom parameters.

The team behind Arkitect has been building in stealth and is giving DeFi Alpha readers the first ever glimpse into the protocol. Using this 

, DeFi Alpha readers can whitelist their address to be 

SuperRare Auctions NFT Subscription Passes For More Than $4M

Magic Eden Launches ‘Fair Mint’ Mechanism

Weekly volume dips below $100M for the first time this year.

Earn Up to 17% APR with wstETH/ETH LP on KyberSwap on Optimism

After another shaky week in the crypto markets, we dug deep for a more basic topic to introduce to beginners. A combination of liquid staked ETH paired in a like-asset liquidity provision (LP) on a DeFi OG automated market-maker feels appropriate in these dark times.

 is both a DEX aggregator and an automated market maker (AMM) with a more recently added concentrated liquidity offering called KyberSwap Elastic. Like other AMMs, liquidity providers can add different combinations of tokens as LPs and earn a proportional amount of trading fees.

 continues to grow deeper liquidity for its flagship liquid staked ETH (stETH) on Ethereum Mainnet and L2s, new programs have emerged on both Optimism and Arbitrum. With so much uncertainty and fear in the markets, it seems timely to focus on the most liquid ETH staking derivative ($5.8B of ETH in stETH as of this writing) paired with ETH on a rapidly growing L2 like Arbitrum, with the potential to earn a future Arbitrum token airdrop.

Today, I’ll show how I could earn up 17% net APR by being a wstETH/ETH LP on KyberSwap AMM on Arbitrum.

Before we get started, please be aware of these risks.

Front-end spoof attack on the KyberSwap website

Exploits in economic design of any protocol

I connect my Ethereum wallet, making sure the network is set to Arbitrum on the KyberSwap dApp. For the wstETH-ETH LP, I click on the + button for 

for the pool with an estimated $1.92M in liquidity as of this writing.

 for the LP, I have to set the price range so that the real price (white line) is between my 

By setting a price range for this stable pair, it ultimately tells me how much of each token I’ll need. In the example below, I’d need about 1 wstETH + ~1.0487 ETH on Arbitrum.

If I don’t already have wstETH + ETH on Arbitrum, I can bridge wstETH using the Arbitrum bridge 

 or alternatively, I can bridge just ETH from Ethereum Mainnet or another chain/L2 using 

 to Arbitrum and then trade for wstETH on Arbitrum using KyberSwap.

Once I have the estimated ratio of wstETH + ETH on Arbitrum, I can return to the 

 for this LP, specify the max of either token, and follow the prompts to Approve + Deposit both tokens to form the LP. Then I head over to the 

followed by the + button for the wstETH – ETH LP to deposit/stake my LP and begin to earn added rewards tokens beyond trading fees to get me to the estimated 17% net APR.

Using the SEI Testnet For A Potential Airdrop

Sei is Layer 1 blockchain in development that’s optimized for trading and DeFi applications. In September, it announced a $50M fund to incubate a DeFi ecosystem and is currently running a public testnet.

On Nov. 16, Sei released its first NFT for testnet participants.

Lucky for us, the window of opportunity remains open as one can still complete 10+ transactions on the testnet and claim the NFT. Hopefully, that will make us eligible for any future $SEI airdrops.

As always, completing these testnet missions is completely free.

Step 1: Set up a Cosmos wallet if you don’t have one already.

. You’ll need to generate a new wallet address and record your seed phrase, similar to Metamask. The Chrome extension can be found 

Once you’ve created your wallet, you can find your new ATOM address on the top-left corner of the 

, a decentralized order book protocol being built on Sei.

Yields: Up to 18% APY on Stablecoins, 10-55% APY on ETH and BTC

DeFi Alpha is a weekly newsletter published for our premium subscribers every Friday, contributed by Defiant Advisor and DeFi investor at 4RC, DeFi Dad, and our Degen in Chief yyctrader. It a...

⍺ DeFi Alpha: Claim a Dawn NFT on the SEI Testnet for a Potential Airdrop