#degen-trading no more
The birthplace of DeFi is shutting down! Synthetix Discord was THE PLACE to be in 2019. So many blue chips of DeFi summer started there. Ideas were formed, knowledge was shared, we were off to change the world... Aave, Curve, Optimism, Illuvium, Infinex, xToken, Kwenta, Derive, dHEDGE... So many projects were kicked off from that Discord. $6 memes, Garth’s promised (and rugged) boat party to celebrate it all, Hobo Joe, Nikhil, the great trolls whose posts were ironically filled with insights, Spartan Council... My interactive Discord bots, before anyone had Discord bots and AI was a thing... It will all always have a special place in my heart. There would be no Overtime, and I wouldn’t be where I am professionally and personally, were it not for Synthetix and that very Discord. Alas, the greats have fallen hard. Not many have paid the price of vesting coming to an end as much as Synthetix. As soon as DeFi summer started winding down, no team member from the original crew was left, at least not in a full-time capacity. The downfall has been slow but steady. Honest attempts were made to drive it forward in the meantime, but without proper guidance and direction, all failed and missed their chance. So in nutshell, it's been constant bleeding over five years. Atm, it’s a ghost town: - No one knows who is even on the team anymore, if there is a team. - sUSD has been wound down, with holders promised vested SNX. - The treasury seems to be out of runway and offloading SNX and INF to pay wages (To whom?!) - Discord is dead. No proper comms on the path forward, just vague messages about things in store. Synthetix and its first team taught me DeFi, the values of a DAO, and the ethics of how to spearhead a community-owned protocol. Alas, I fear I might be the only one still adhering to those values these days. As for Synthetix, it might be time to call it a day and spoil the good memories no further.
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vfat.eth retweeted
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Bonus tools page vfat.tools/arc/aero/
One-click deposits, liquidity management, automation, and more. Now available for all Aero Lite pools on @arc via @vfat_io.
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vfat.eth retweeted
We are live with @aeroxyz on @arc! Direct link: vfat.io/yield?chains=5042&pr…
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vfat.eth retweeted
Small MCP update, you can now include non-whitelisted tokens (i.e. anything) and filter for recent ones: VFAT MCP mcp.vfat.io/mcp search_yield_opportunities { chainIds:[4663], sortBy:"tvl", sortDirection:"desc", createdAfter:"<now-24h ISO>", includeNonWhitelisted:true }
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vfat.eth retweeted
Replying to @ethdaily
The ticker is ETH.
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Everyone says DeFi is dead. I took it personally. Meet Equilibra: a custom AMM with adaptive fees, concentrated depth + optional auto-repeg. Deployed on Robinhood Chain. Testing now. What would make you care about DeFi again?
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vfat.eth retweeted
Most APYs you see are projections. The number displayed is rarely what you earn. That changes today with Verified APY by DefiLlama: the real yields earned by real depositors, measured onchain. Live now for Pro subscribers: 260+ pools representing $99B in TVL across 47 protocols on 12 chains. We executed 473,632 onchain withdrawal simulations. Daily measurements going back to May 2022. If your exit value grew 0.02% today, that’s your yield. No assumptions needed.
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Btw any recommendations for Solana auditors? Asking for a friend
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gm
Announcing our MCP server vfat.io/mcp
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Sure
Hey @vfat0, can you please add the 24hr growth rate of Backing per NET?
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vfat.eth retweeted
vfat.tools is back what a time to be alive used to find all the best apr farms on here back in the day
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