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

MakerDAO Mulls Proposal To Boost DAI Savings Rate

 Up to 25% APR on Stablecoins, 6-14% 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.

 provides you with automated management strategies for most trusted protocols. Alongside Stop loss, Take profit and automated leverage, Maker and Liquity users can now rely on the advanced Trailing stop strategy.

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

 – 14.1% APR with wETH/sETH LP staked in Velodrome on Optimism 

To participate, one must deposit and stake in 

 – 5.9% projected vAPR with Curve tBTC2 LP staked in Convex 

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

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

 – 25.39% APR with sUSD/LUSD LP staked in Velodrome on Optimism 

 – 5.9% APR lending AVAX to sAVAX/AVAX pool on Platypus via Vector 

This yield is issued in VTX, PTP, QI, and AVAX.

To participate, one must deposit into the AVAX 

 – 6.51% APY lending stSOL on Tulip Protocol + 5.5% APY from the underlying SOL liquid staking rewards issued to stSOL holders 

This yield is backed by interest paid by borrowers on Tulip + staking rewards.

To participate, one must deposit stSOL in the 

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

 – 17% 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.

 – 19% APR staking ATOM with Keplr Wallet on Cosmos Hub 

rank by APR, choose a validator, and click 

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

 – 13% 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 

 – 22.4% APY staking with HBARX liquid staking derivative by Stader 

The yield is issued in HBAR rewards, as HBARX is earning validator rewards.

To participate, one must deposit HBAR to receive HBARX 

The DeFi Alpha call is held every Monday at 2pm ET in Discord.

check out the recording of this week’s call

Stake ATOM for up to 19% APR with Keplr Wallet

 is an ecosystem of interconnected blockchains that can scale and interoperate with each other. While Cosmos has been in active development for years and launched the Inter-Blockchain Communication protocol (IBC) in April 2021, the Cosmos team has recently released a 

 which proposes to position Cosmos Hub as the center of the ecosystem, improve revenue capture, and reduce ATOM issuance over the next three years. You can learn more about the details through coverage in 

Given the excitement over this and the continued development of DeFi and Web3 applications such as Osmosis on Cosmos-based chains, we’ll show how one might stake ATOMs with Cosmos Hub validators, using Keplr Wallet’s 

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

Smart contract risk in using Keplr Dashboard

Front-end spoof attack on the Keplr Dashboard website

Liquidity, as staking locks ATOMs for 21 days

 and choose the appropriate option for Chrome, Firefox, iOS, or Android. I prefer a browser-based extension wallet so I choose Chrome or Firefox.

, followed by saving a password, and writing down my 12 or 24-word seed phrase on paper, to be stored in a safe place offline, and never shown to anyone.

If I don’t have ATOM already, I can use a centralized exchange to buy ATOM with fiat, before transferring it to my new wallet address in Keplr Wallet.

 option in my Keplr Wallet to get here to 

 with options to choose from Cosmos Hub validators. I rank the validators by APR and consider how much 

When I choose a validator to stake with, I can click 

and follow the prompts to approve the transaction.

Tyler Hobbs’ QQL Raises $17M in 30 Minutes

Boosted Stablecoin Yield With Liquity Chicken Bonds

Liquity is a lending protocol whose LUSD stablecoin is overcollateralized purely by ETH and has a few major advantages when it comes to decentralization and censorship resistance.

Overcollaterized – Liquidations ensure that the protocol remains solvent and maintains the LUSD peg.

100% ETH collateral – No risk of being frozen.

Interest-Free Loans – No interest is charged apart from a 0.50% borrow fee when the debt is created.

Capital Efficiency – Borrow up to 90% LTV against ETH

Decentralized – No governance. All parameters are preset or controlled algorithmically by the protocol. Even the frontends are run by 

Immutable – Smart contracts have no administrator that can halt or modify the protocol.

Liquity’s founder Robert Lauko recently appeared on The Defiant Podcast and explained why the protocol chose to prioritize decentralization over growth. It turned out to be a prescient move, now that we’ve seen the impact of U.S. sanctions on Tornado Cash.

Staking LUSD in Liquity’s stability pool lets you earn ETH from liquidations as well as LQTY tokens. This is a popular yield farming strategy and I covered it 

Chicken Bonds are a new offering from Liquity and are expected to launch on October 4.

Risk Warning: This is an experimental product and hasn’t been tested in real-world DeFi conditions. Ape accordingly!

Instead of simply staking LUSD in the Stability Pool, users will have the option to bond their LUSD in exchange for discounted bLUSD (bonded LUSD) and earn a higher yield.

From the protocol’s perspective, having a new source of protocol-owned LUSD will allow it to deepen liquidity on Curve.

bLUSD is an auto-compounding token that is minted when users ‘Chicken In’, or exchange bonded LUSD for their accrued bLUSD balance.

bLUSD can be redeemed for LUSD at any time.

 This is called a ‘Chicken Out’ and results in the forfeiture of any accrued yield, which is a source of additional yield to the remaining bLUSD holders

The amplified (boosted) yield comes from a reorganization and auto-compounding rather than increased inflation. An in-depth explanation can be found 

As an added twist, participants in the bonding program will be able to earn NFTs that will evolve based on the actions they take (bonding, Chicken in, Chicken out).

 can be used to maximize yields and/or obtain rare NFTs. I’ll discuss them in Monday’s Alpha call.

Yields: Up to 25% APR on Stablecoins, 6-14% 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 aims...

⍺ DeFi Alpha: Boosted Stablecoin Yield With Liquity Chicken Bonds