Thanks to @0xBreadguy for the opportunity to chat about @megaeth, an upcoming Ethereum L2 that is one of the first to have a parallel sequencer and lighting fast finality.
I think MegaETH's speed will be a game changer in the ETH L2 space as it will bring superior user experience wether you're a trader, gamer or developer looking to create an entirely new dapp without the bounds of the current data speeds that limit current applications.
Have put nearly $200k of USDC through @peerxyz and made 2% on it.
Have been round tripping less than $20k.
Have been at it for 3 months.
Let’s do the math.
2% of 200k is $4000.
$4000/$20k is 20%
Would you like 20% in 3 months?
Follow for more!
Coinbase, Binance, and Kraken all require verification to start earning on your USDC.
Peer requires you to have USDC.
Last week, Peer LPs averaged 68.9% APR, 20x the yield paid on Coinbase.
USD > USDC onramp
@RobinhoodApp
Debit Card Transfers
Fee: Free
Time: Instant - Limit $1000 (I'm told limits grow with use)
ACH
Fee: Free
Time: 3-4 days with $1000 instant if deposit is $1000
Notes
USDC Transfer to Base is Free network fee ($.0012)
No Limits on Crypto Transfers
Did not work with CashApp Debit Card. Was able to connect my Venmo Debit Card. Will try adding PayPal Debit as well.
Round Tripping from USD to USDC and back with @peerxyz plus PayPal, Venmo and CashApp is a great yield source, but not exactly passive.
Trying out @ether_fi's ACH to on-ramp USDC from Fiat.
Sent $4000 from my bank on Friday.
Received $3991.50 in Ether_FI vault this morning the 19th.
Fees: .21%
Time: 4 days (over the weekend)
Not a bad alternative to Coinbase. ACH was easy to setup, but not as easy as linking a bank in CEX apps. This is one of the lower fees I've seen for on-ramping, but need to test during the week to see if 4 days is normal or just because of the weekend.
On the look out for the fastest and cheapest on-ramps to round trip my @peerxyz liquidity.
What are you all using?
If you have a well established Venmo, CashApp or PayPal account with at least a year of use and have some defi experience on @base I’d like to help you make 5%-10% monthly yield on USDC with no market exposure.
Reply below or dm for info.
Tutorial video coming soon.
I’m not going to gate keep this. I’m using @peerxyz to provide on-ramp liquidity peer-to-peer. The team at PEER has created a large amount of demand for on-ramping through consumer peer-to-peer transactions. I’ll be releasing tutorials on how to earn as an LP. Follow me for more.
Thanks to the team at Peer.xyz for the insights on how to raise my stable yields exponentially!
I'm effectively making 10% monthly by providing off-ramp liquidity.
Have questions? Comment below. I'll be making some video tutorials soon.
ETH’s valuation is completely nuts compared to SOL.
This chart shows Market Cap per Daily Transaction (in USD).
ETH: $160,186
SOL: $553
That’s a 291x valuation gap. ETH is trading at nearly 300 times the multiple of SOL on a per-transaction basis.
Why Crypto is NONSENSE! .... for now....
A crypto project actually trained a 72B parameter AI model from scratch using decentralized GPU compute. Not fine-tuned, not a wrapper: trained from zero. The model benchmarks competitively against Meta's LLaMA 3 on reasoning tasks, and the entire training run cost a fraction of what centralized labs spend. If decentralized compute can produce frontier-class models, the moat around OpenAI and Anthropic is thinner than people think.