• Yields: Up to 18% APR on Stablecoins, 12-19% on ETH and BTC

• Starter Tutorial: Higher Stable Pool Yields with Velodrome on Optimism

• Degen Tutorial: 28% APR in ETH With GMX’s GLP Multi-Asset Pool

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

Motivation

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 and old yield earning opportunities. 

This is DeFi Alpha by The Defiant.

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.

🙌 Together with: 

• DeFi Saver provides you with the only automatic liquidation protection and leverage management options on Optimism. Automate your Aave v3 position management now with drastically lower tx fees.

📈 Yield Alpha

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

• ETH - 12.56% APR with the wETH/alETH LP staked in Velodrome on Optimism

  • This yield is accrued in VELO.

  • To participate, one must deposit and stake in this wETH + alETH LP.

• WBTC - 19.32% projected vAPR with the Curve pBTC 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 Curve pBTC pool and then stake the LP here in Convex.

• Stablecoins - 18.18% projected vAPR with the Curve pusd LP staked in Convex

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

  • To participate, one must first deposit PUSd, USDT, DAI, and/or USDC into this Curve pusd LP and then stake the LP here in Convex.

• AVAX - 13.5% APR lending AVAX to the 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 Stake option here on Vector.

• SOL - 14% APY lending stSOL on Tulip Protocol + 5.64% 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 Tulip lending tab.

  • To obtain stSOL, one can trade on a Solana DEX or mint it here on Lido.

• MATIC - Net 21% APY with LP MaticX-MATIC on Balancer

  • The yield is backed by validator rewards using the MaticX liquid staking derivative + trading fees on Balancer + BAL rewards + SD rewards.

  • To participate on Polygon, one can use the Stader MaticX dApp to mint MaticX.

  • Then, I deposit into the 50/50 MaticX-MATIC pool on Balancer and stake the LP.

• ATOM - 13.5% APR staking pATOMs on pSTAKE on Ethereum

  • The yield earned is issued and claimable in pATOM.

  • To participate, one must first mint a 1:1 representation of ATOM as pATOM on Ethereum by using the pSTAKE dApp under Stake

  • Then, deposit/stake pATOMs to get stkATOMs and earn 13.5% APR 

• FTM - 13% APY staking with 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 here on Stader.

• HBAR - 31.9% APY staking with HBARX liquid staking derivative by Stader

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

  • To participate, deposit HBAR to receive HBARX here on Stader.

  • Caution: This is in beta and withdrawals may not be possible until July 2022 or later.