Looks like the UK is down more than my bags which is impressive. @ZiaYusufUK @Nigel_Farage @reformparty_uk pls fix.

GG WP @elonmusk 🫡

Imagine looping a 14% carry trade... alAssets as collateral will unlock this.

For the first time in Alchemix history, alAssets are becoming fully composable. We're hyped to announce a partnership with @ChronicleLabs to launch dedicated oracles for each of our synthetic assets. What does this mean for alAssets? 🧵

There is always a silver lining to every crash. V3 yields are up!

I vibe coded a quick calculator on this - I'm getting 10.91% APY on your ETH assuming this LP yield holds for 1 year. Not bad..

alETH/frxETH on @StakeDAOHQ is yielding 9.5%. Yield-on-yield play (NFA) 1 - Deposit ETH into Mainnet MYT: ~3% on your full deposit (deleveraging over time). 2 - Borrow alETH at 90% LTV. 3 - Deposit into alETH/frxETH pool: ~9.5% on 90% of your deposit. stakedao.org/strategy?protoc…

It's been a while since global sentiment towards crypto has been that bad. I said this many times, we're not in 2021/22 end of cycle because this time no SBF/Celsius/Luna. We're in 2018, a slowand lingering despair of "we're not cool anymore" mostly solely due to price not going up. Back then, when the tourists left, the builders delivered MakerDAO, Compound, SNX, EthLend (Aave) and more with mostly apathetic reception. It's an exciting time to focus and deliver even if the market will be ungrateful for a while.

rsETH is now fully restored.

Amazing how 1 tweet can destroy sentiment overnight. Very interested to see what the Bankless viewership stats look like in 12 months.

Agree with @RyanSAdams that a deep bench of leaders and developers are ready to ensure $ETH remains the future settlement layer of finance and AI - to me, much of bearish sentiment reflects the disdain and despair seen at the nadir of crypto winter (finger pointing at the lows) Blockchain is arguably the only way agentic AI interacts in commerce. And blockchain vastly improves the profit profile of the financial system $ETH @BitMNR $BMNR

Learn how to deposit into a Mix-Yield Token in 60 seconds. The MYT wraps a curated set of DeFi strategies into a single token, giving you diversified yield from one deposit.

The crypto market structure bill has PASSED the Senate Banking Committee with a bi-partisan vote! Historic day for crypto and for the future of digital assets in America. Grateful for the countless hours from lawmakers and staff to strengthen this legislation. Big improvement from where we were in January on rewards, tokenization, DeFi, and CFTC authority. I'm proud we stood up for our customers in that moment, and the bill is better because of it. Looking forward to a bipartisan law that cements the US as the world's crypto capital. Let's get CLARITY done.

Mix-Yield Tokens utilize Auto Finance yield to optimize your capital efficiency. @autopools provides a versatile set of yield sources for Mainnet mixETH and mixUSD strategies. A thread. 🧵

Last week, the United States refused to participate in the UN’s review of the Global Compact on Migration. The United States objects to the Global Compact on Migration and UN efforts to facilitate replacement migration to the United States and our Western allies.

Transmuter Update. We are raising Transmuter caps, starting with 115 alETH and 100k alUSD today, followed by further raises every 2 days over the next two weeks. We have also extended transmutation times. 🧵

If you're a fan of @AlchemixFi , consider LPing into alETH/frxETH. ~7% APY via @StakeDAOHQ rn with 0 impermament loss extra yield if when you exit go 100% to alETH and transmute. 🔥

v3 so far is off to a good start. For the first time in over a year, @AlchemixFi is growing in TVL and borrowing, and we are seeing the dynamic between debt expansion and the fixed-duration transmuter redemption module playing out just as we had modeled. I don't expect things to rocket up in an instant (as our modeling didn't indicate they would) but it is so satisfying to see it play out like we thought it would. Due to the duration mismatches for CDP and redemptions, we can expect a constant grind upwards in TVL and debt as the system churns. If things continue like they are now, I wouldn't be surprised to see a net growth of 3-5% month over month indefinitely. It may take some time for the pegs to stabilize at our target of 0.99 , so alUSD and alETH are more-so 'bonds' right now and less-so stable-synths, but when (not if) we hit our targets, Alchemix will be the premier destination for looping yields and maximizing the effectiveness of your savings. Up Only.