Liquidity, young man
Happy Friday all, and an impending deadline to meet — quickly, to the bat cave.
- Memory lane
- TVL
- Liquidity provision
- AOB
Memory Lane
2021 I must have taken a break as I skip from last week to next, so who knows? Probably something about the Head of Mexico being advertised. Wen Mexico?
2022 We were counting users
2023 Sinatra (remember him? ;-)) Posted an article on programmable money.
And we had the eternal Reserve Protocol Lodge thread :
Which I’ve just revisited!
TVL
Numba go up!
We’ve had a real surge in ETH+ where the total TVL is nearly $8M!
Hope they are all enjoying the LP.
Nearly at 8% of circulating RSR staked and yields are starting to ramp up again as we get more into crypto and less into bond yield.
Look at that on Base — 7.8% for hyUSD — nice going for just holding a stable. USDC+ also offering some nice staking rewards.
What do we think these will be come the end of the year? I suspect quite high.
It’s worth noting all the protocols you can now yield from holding RTokens — for farmers out there this is great revenue in a bear on stables. I might have a go myself — if I do I’ll take screenshots and do a guide.
Yield overall from eUSD staking hits 7% — and no token emmisions. So for the numbers people out there this is EBITA (I’m not doing depreciation on staking!).
AOB
Nevin is attending a serious attempt at ‘tradfi’ to look at tokenisation — it’s a slow process but I genuinely think it’s coming.
For those interested
We have top quality rangatoni memes
We have a new updated zealy quests look — these will really help you learn about the protocol and you get…. points. And what do points make… ?
Curvance — heard of them? No — me neither, but you can help out on testnet there
Another DeFi PaRtNeRsHiP?
Flamingo Mafia has been on the case — poker night — by all accounts tiring!
Also number 6 in pioneers of progress, this week Patrick McKelvy
Last but not least eUSD issuer mobilecoin / Sentz has teamed up with Jambo phone
Prevalent in Africa, this aims to promote cheap cross border payments on a budget smartphone for $99 you get JamboApp and JamboWallet included, which I guess is a bit like the AliPay / WeChat play.
And there you have it — thanks for reading as ever.
