Liquidity Janitor @yield_network. Deploying @y10kcapital. Onchain capital formation, RWA

Joined August 2020
1,605 Photos and videos
Happy to lead and anchor this one with @yield_network and @y10kcapital One of the cleanest launches this cycle. Congrats to the team and everyone who participated!
$18 million cap filled ๐ŸŠ After the anchor liquidity from @yield_network & others, the ctUSD pre-deposit vault opened for public deposits. The first public phase filled in seconds, so the cap was increased. The new cap extension of $3 Million filled under 5 minutes ๐Ÿงต
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Good to see this one fill. 8 days from zero to cap A few weeks ago the structure was still being finalized. Goes to show - when the product is right and LPs have time to do their work, capital finds it
The @pharos_network Alpha Vault on Ember has reached $50M in deposits, filling its full capacity in just 8 days since launch. We thank everyone for the support and for participating! It has been exciting to see the momentum carry through each phase.
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Max Y (APY, TVL arc) retweeted
Pharos pAlpha High Yield RWA Vault is going live on Monday 4pm UTC. - 18% APY โ€” Phase 1 - USDC on Ethereum - Treasury underlying (JTRSY MMF) - Fully withdrawable Curated by Axil. Vault infra by @EmberProtocol Pre-register your wallet: app.yieldnetwork.io/pharos
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Happy to contribute to this piece by Legion. Newer AI models/tooling probably unlocked 50-75% productivity for our team
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Max Y (APY, TVL arc) retweeted
Proof of Liquidity landed in Cannes during @EthCC week ๐Ÿ‡ซ๐Ÿ‡ท Supply side, demand side, and the infra connecting them - all in one room. Proof of Liquidity: Cannes Edition - done. Stay tuned for the next one ๐Ÿ‘€
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Been sitting on it for a while but finally excited to roll out. DeFi has a capital formation problem. Millions spent on incentives, single-digit retention. Protocols rent liquidity for 30 days and call it a launch. We spent the last year building the coordination stack to fix this at @yield_network. Today, we're adding the deployment stack, partnering with @Rockaway_X. The thesis: real opportunities in DeFi aren't on Defillama. In most cases, they're negotiated privately, capped pre-deposits, genesis launches, curated lending markets with defined windows, and terms for institutional LPs. Accessing them requires origination and risk infrastructure, not an aggregator. Y10k Capital - the name is a commitment. Year ten thousand. Deliberately absurd because the current time horizon in DeFi is deliberately short. If you're building an onchain product and looking for aligned liquidity, DM me here or on Telegram
Y10k Capital is an actively managed onchain vehicle providing access to curated yield mandates: pre-deposits, genesis launches, and lending markets. Risk operations by @Rockaway_X. Distribution by @yield_network y10k.capital
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Everyone's racing to tokenize assets. Almost nobody is solving how capital actually finds those assets, commits to them, and stays. That's the gap. Joining this one tomorrow.
Not another RWA talk. A real discussion about what's actually working. Behind the Asset EP2: RealFi Uncovered - Building the Future of Onchain Finance ๐Ÿ“† March 19, 11AM EST ๐Ÿ”— x.com/i/spaces/1oKMvRQjVAeGQโ€ฆ Featuring: - @Alchemy - @glennonchain (Glenn Rothwell, Business Development) - @AquaFluxPro (Jackie, Head of Strategy) - @Dune - @filippoarman (Filippo, Research Lead) - @yield_network - @maxyamp (Max Yamp, Founder & CEO) Hosted by @michellek_web3 (Michelle Kang, CMO) Tokenization โ‰  usable asset. Infrastructure is everything else. Set a reminder ๐Ÿ‘‡
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Built this room because every conference has 200 panels and zero deal flow. Proof of Liquidity is the fix. Capped. Curated. End of March at @EthCC
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Ink is co-hosting Proof of Liquidity with @yield_network & @FundersVC on March 30. The dedicated venue for institutional deal flow at @EthCC - a curated floor for capital and protocol alignment. Capacity is capped. If youโ€™re deploying or raising capital, this is your room ๐Ÿ‘‡
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The 3rd edition of one of the leading onchain capital formation events, co-hosted with the team from @inkonchain - @krakenfx L2 See you at @EthCC in Cannes
Yield Network x @inkonchain, Kraken's chain Proof of Liquidity returns to @EthCC. We are hosting the premier LP & Capital Formation summit in Cannes. No panels. No noise. Just the sharpest allocators and DeFi infrastructure in the same room. Apply ๐Ÿ‘‡ luma.com/yc8j7c70
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we need to graduate from headline TVL to: concentration, time-weighted retention, net inflows, and real economic activity. build for users, not dashboards.
Over the years, TVL has become easier and easier to manipulate. There are many ways to inflate numbers in DeFi protocols. Itโ€™s simpler than you might think, and itโ€™s happening across chains on a wide scale. All you need is a lending pool and an aggregator/strategy/stablecoin: 1. User mints $1M worth of Stablecoin A (could also be a vault, strategy, etc.). 2. Issuer takes that $1M backing and mints $1M of Stablecoin B (e.g., USDC/USDT). 3. Issuer deposits Stablecoin B into a lending pool. 4. User deposits Stablecoin A as collateral in the same lending pool. 5. User borrows Stablecoin B against their Stablecoin A. 6. User swaps borrowed Stablecoin B to mint more Stablecoin A. 7. Issuer uses this new capital to mint more Stablecoin B and deposits it back in the lending pool. 8. Repeat. Each loop inflates TVL. With high Liquidation LTVs, you could easily manufacture $10B to $100B in TVL. If you look onchain, past the headline number, you will usually find a handful of addresses driving most of the activity, with very little genuine user demand underneath. Also, when retail investors make decisions based on widely advertised TVL metrics, it raises serious ethical concerns. Letโ€™s build for users and real economic activity, not for dashboards.
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Max Y (APY, TVL arc) retweeted

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"...We need to move toward models that reward actual loyalty, not just the ability to manage a hedge...." In other words, we need to start optimizing for aligned liquidity - not short-term hedged farm liquidity. This is an example of "don't blame the player, blame the game," where such design models attract the type of user/LP that is only incentivized to farm you while things go well and leave when things go south. There is no way to differentiate between long-term aligned and opportunistic capital, and that's the real problem
Your 100% APR is a hidden trap. The @berachain "basis trade" is a perfect example of how DeFi rewards can turn into a trap. On paper, it looks like a dream: you buy iBGT (the yield-bearing wrapper), short $BERA to stay delta-neutral, and harvest a 113% APY. The real danger is the funding rate. When $BERA pumped 40% recently, short funding rates on some venues hit an impressive 1,000% APR. Farmers who thought they were "risk-free" suddenly found their yields being incinerated by the cost of their own hedge. To make things worse, the iBGT pool is super thin; just $100k in selling pressure was enough to cause a massive depeg. We could see this same "extractive" pattern in other models: > @pendle_fi ($sPENDLE): With the new 14-day lock, I fear farmers will simply short $PENDLE rather than using the protocol's actual yield tools (PTs), creating a cycle of sell pressure. I am convinced that the @nomad_ V3 proposal could be the solution. Decoupling price volatility from the reward mechanics, we stop the "short-and-farm" game. Having a token that generates yield is great, but if it forces every trader to bet against you while the spot market stays dead, the protocol is just a slow-motion exit for extractive capital. We need to move toward models that reward actual loyalty, not just the ability to manage a hedge.
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How exciting! Now I can gamble on Polymarket without gambling on Polymarket
The Prediction Market Economy is now investable. ๐Ÿ”ฎ We are proud to partner with @EmberProtocol and @BluefinApp to syndicate the first-ever onchain vault powered by @Polymarket. The Strategy: Active management of prediction market positions by veteran traders (@DeFiSquared, @Gold_Mansack). The Role: Yield Network is acting as the Syndication Layer, opening access to this institutional-grade strategy to our Yield Syndicate - the deepest network of onchain allocators. ๐ŸŒŠ Allocations open now: app.yieldnetwork.io/launch/pโ€ฆ
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Despite the clickbait title, probably one of the important pieces any aspiring person could read in their 20โ€™s/30โ€™s. Ironically, this is something theyโ€™d never teach in schools. Youโ€™re the only one who wants to take control of your life.
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Glad to support this launch with size
$40M Orchestrated for @InkOnchain ๐Ÿฆ‘ Yield Network has finalized the deployment of $40M (USDT0, ETH, kBTC) to scale the Ink ecosystem We focused on Capital Coordination - sourcing and routing deep liquidity to bootstrap lending markets on @tydrohq (Aave)
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We are running it back. See you in Abu Dhabi
Proof of Liquidity touches down in Abu Dhabi ๐Ÿ‡ฆ๐Ÿ‡ช The premier gathering for Institutional LPs, Yield Architects & Builders Co-Hosts: @NexusMutual @DogeOS @Berachain @FundersVC Partners: @upshift_fi @coinchangeio @PeanutTrade Media: @Cointelegraph RSVP ๐Ÿ‘‡ luma.com/g9ganq3x
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