MakerDAO Mulls Proposal To Boost DAI Savings Rate

Blend Drives Surge In NFT Lending Activity

 Up to 20% APY on Stablecoins, 41% APY on ETH

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. It is meant to be highly actionable and shareable.

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.

Before we get started, here are the top headline-grabbing events from this week that every savvy DeFi investor ought to keep on their radar.

US Government Moves $1B Of Seized Bitcoin

MolochDAO Reveals ZK-Powered Crypto Mixer

GBTC Shares Jump on Judges’ SEC Skepticism

Uniswap Labs Releases Self-Custody Crypto Wallet

 enables developers to create an entirely new wave of DApps not previously possible on Ethereum or Layer 2s. It also allows developers to focus on what they’re building instead of where they’re building, or what inconvenient limitations they may otherwise need to contend with.

Why developers are building with Cartesi:

DApps are deployed on their own customizable application-specific rollup chains;

DApps don’t compete with each other in Cartesi’s ecosystem for scarce blockspace;

Cartesi provides Ethereum or L2’s with orders of magnitude more computational capacity;

Developers can code decentralized logic with their favorite libraries, compilers and other time-tested open source components;

DApps preserve the strong security guarantees and censorship resistance of the underlying blockchain;

Cartesi Rollups opens up the design space for more expressive and computationally intensive blockchain applications;

Cartesi Rollups can be deployed as a Layer 2 (on top of Ethereum), as a Layer 3 (on top of Optimism, Arbitrum, zkEVM chains, etc.), or as sovereign rollups;

Reusing existing tooling, having full programmability is a great way to innovate faster without reinventing the wheel!

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

: 41% 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 the Curve LP under the 

: 4.45% APR with the Curve multiBTC​+sbtc2Crv LP staked in Convex

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

To participate, one must first deposit into this 

: 14.3% APY with 50/50 MaticX-WMATIC LP on MeshSwap 

The yield is backed by validator rewards using the MaticX LSD (5.76% APY) + MeshSwap trading fees + MESH rewards + SD rewards.

To participate on Polygon, one may use the 

: 23% 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 

: 21% APY with 50/50 BNB/BNBx Ellipsis LP in a Beefy Finance vault 

This yield is issued in SD, BNB staking yield (thanks to BNBx), and trading fees.

 on Ellipsis and stake the BNB/BNBx Ellipsis LP 

: 7.02% APY staking AVAX with ankrAVAX by Ankr

To participate, one must deposit AVAX for ankrAVAX 

: 6.7% APY staking SOL with stSOL by Lido

: 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 for sFTMX 

: 20% APR with the USD+/DOLA LP staked in Velodrome on Optimism

To participate, one must deposit and stake in 

Please be aware we do not always report the highest yield rates because some high yields may be less sustainable due to high inflation token rewards or fewer LPs participating.

Track Your DeFi Portfolio Using A Customizable Dashboard by Octav

It’s no secret I had the opportunity to work on the 

 core team years ago. Since then, I’ve remained a super-user of both Zapper and the DeFi OG tracker 

However, I remain incredibly bullish on competition driving us forward in DeFi, including popular alternatives for DeFi portfolio tracking like 

One of the drawbacks to each of these portfolio trackers is you are i) limited to whatever assets and protocols the tracker supports and ii) limited to the way they interpret that on-chain data.

A prime example of challenges experienced by DeFi users is the presence of an infinite number of spam tokens being sent on Ethereum and other chains. The goal is to send users fake tokens that might prompt them to visit a website and provide infinite spending approvals to drain their wallets of legitimate tokens.

For those of us living in the US and other countries which require taxes paid on crypto gains, we are forced to export reports of our crypto portfolios and then use alternative tools to meticulously edit the on-chain transactions.

It’s extremely difficult and painful because there’s simply no option to customize the data continually on our DeFi portfolio trackers so we can avoid spending more time editing old transactions in a separate third-party crypto tax software such as 

 is a free, anonymous and editable data analytics platform for deciphering your DeFi investment activity, including cost-basis, profit and loss (P&L) and (with a subscription paid in USDC or DAI) exportable reports.

Here’s a list of my favorite features in the Octav dashboard:

Portfolio KPIs such as total cost basis, total profit and loss (P&L), open and closed P&L, total fees, debt, and cash balance.

7 EVM networks, including Ethereum, BSC, Avalanche, Polygon, Arbitrum, Optimism and Fantom.

You can track positions across 1500 protocols + 30k tokens to get more detail.

A comprehensive transaction history of profit that you can uniquely edit if needed.

Each transaction can be edited based on your input to keep the accuracy of your portfolio up to date, which includes support for 20 different types of transactions (see below)

Today, I’ll show how I can quickly set up my DeFi portfolio in Octav and start tracking a more customizable, accurate view of my portfolio!

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

Smart contract risk in any future farming opportunities I might access via Octav

Front-end spoof attack on the Octav app (if I give spending permissions in the future)

Centralization – currently, Octav is a startup but there are hints a token might be in its future

 and watch the very helpful 2-min overview video.

and opt to connect my Ethereum wallet (or any other supported chain). Under 

I can start to view all my assets + DeFi positions by protocol in Octav. I might choose to connect multiple wallets, search them, bundle them for joint portfolio views, or even label my wallets under 

What really stood out for me is some of the newer KPIs, such as 

which are rather difficult data points to calculate on-chain.

ions, I can begin the process of reviewing my transactions. Similar to other trackers, I can filter and search easily, but what’s unique to Octav is the ability to label transactions as Spam, Deposits, Withdrawals, and other Transaction Types in case Octav has misinterpreted my on-chain data. This is very powerful and sure to be a hit with institutions and other full-time crypto investors like me.

Featured Yields: Up to 20% APY on Stablecoins, 41% APY on ETH

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.

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DeFi Alpha: Track Your DeFi Portfolio Using A Customizable Dashboard By Octav