In celebration of my birthday, little penguin's original plan was: Start 12 months of regular investment in 2023 and sell in 2025. The following results are indicated by average price.
$BTC 29,036 → Switch to public chain $ETH 1,830 → Switch to public chain
$SOL Heavy position 22 → 196 (8.9x) $BNB 237 → 1040 (4.3x) $DOGE 0.07 → 0.217 (3.1x) $SUI Pre-sale 0.1 Heavy position 1 → 2.07 (2.0x) $TON 3 → 3 (0x)
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1. Core Concept: Cycle
2. Strategy: Binance hourly regular investment + wealth management, combined with various mining during the bull market: DeFi on Sui/Solana/Ton and BNB gold shovel. Sell based on daily RSI in the bull market.
3. Switching mainstream coins among other alts: ARB OP MATIC AAVE PYTH OKB BLUR ORDI. The reason for switching is to increase certainty and changes in narrative, etc.
4. Still have SUI SOL staked nodes and LST.
5. Thoughts: - Holding BTC has high stability and good multiples. - It's hard to judge whether mainstream will take off, consider diversifying investments. - Major narrative changes will always happen, always pay attention and maintain flexibility appropriately. - Follow the strategy, don't fall in love with coins, go fall in love with your girlfriend!
🔥 Magma TVL is already the fourth in Sui DEX, really looking forward to seeing how the upcoming TGE will perform Currently, Magma also has Galaxe available, if the market is boring, a little finger movement might bring some blessings You can find the link on Little Penguin's X @p3nchan
Deep Waters: Finding a Safe Haven for Stablecoins, A Simple Storage Guide
Stablecoin holders should reassess their asset allocation. Various protocols are constantly innovating and presenting various incentive policies, but at the end of the day, we must understand the underlying risks while returning to the essence of cash. Little Penguin has investigated top DeFi and CeFi projects, hoping to find a relatively safe habitat that provides stable returns and avoids black swan events. Remember this saying: In the dark forest, the safety of the principal is 1, and all other gains are 0 afterward. Surviving is the key.
Many mainstream DeFi platforms have their own apps, such as Aave, Uniswap, Polymarket, Kalshi, etc. This is also the first time to see a non-wallet app on Sui, which is exciting!
From the released animation, it can be seen that the app includes four main pages: Home, Exchange, Vault, Contract. It is speculated that the pages will be arranged based on services provided by Bluefin, such as assets/positions, DEX, ember+alphalend, contracts, etc.
Looking forward to experiencing the app once it goes live! $BLUE
Cetus DLMM Pool has the price tag of Pyth This feature is a two-way lifesaver
1. For users who want to trade, they can observe the price deviation of some pools to decide whether to trade or not. 2. For liquidity providers (LP), they can monitor the pool's deviation situation and adjust or withdraw funds in a timely manner.
S&P Ratings Original Text on USDT Stablecoin Stability Assessment: Tether (USDT) https://www.spglobal.com/ratings/en/regulatory/delegate/getPDF?articleId=3486415&type=COMMENTS&defaultFormat=PDF
小企鵝阿批 Penchan
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$USDT once again faces FUD, rated "weakest" by S&P 💔
Our purpose in the crypto community for holding stablecoins is to avoid risks, and secondly for financial management and earning interest. However, what we generally do not think about is that stablecoins themselves also carry risks. USDC previously depegged to 0.87, and USDe to 0.65, causing a large number of liquidations.
Among stablecoins, the one worth paying attention to remains USDT (Tether). Although it has never exploded, the debate about USDT in the market has never ceased.
This time S&P gave Tether a "weakest" rating. The reasons include that Tether's disclosed assets contain a very high 5.6% exposure to Bitcoin. Secondly, it holds high-risk collateralized loans, corporate bonds, etc. More importantly, Tether's disclosures are limited. In terms of redeemability, there are indeed questions about USDT.
However, Tether is neither able nor willing to disclose this information. After all, it has the best liquidity, with various public chains and exchanges eager to cooperate. Its financial condition is also very excellent, with individual profitability ranking in the world's top tier. This... can make money, and still make a lot of money, does it need others to point fingers?
$USDT once again faces FUD, rated "weakest" by S&P 💔
Our purpose in the crypto community for holding stablecoins is to avoid risks, and secondly for financial management and earning interest. However, what we generally do not think about is that stablecoins themselves also carry risks. USDC previously depegged to 0.87, and USDe to 0.65, causing a large number of liquidations.
Among stablecoins, the one worth paying attention to remains USDT (Tether). Although it has never exploded, the debate about USDT in the market has never ceased.
This time S&P gave Tether a "weakest" rating. The reasons include that Tether's disclosed assets contain a very high 5.6% exposure to Bitcoin. Secondly, it holds high-risk collateralized loans, corporate bonds, etc. More importantly, Tether's disclosures are limited. In terms of redeemability, there are indeed questions about USDT.
However, Tether is neither able nor willing to disclose this information. After all, it has the best liquidity, with various public chains and exchanges eager to cooperate. Its financial condition is also very excellent, with individual profitability ranking in the world's top tier. This... can make money, and still make a lot of money, does it need others to point fingers?
$CETUS DC Community holds community activities every Thursday, let’s relax and enjoy a cup of coffee 🐳☕️ You can find the entrance on the official Cetus X!
- Compared to traditional AMMs: Concentrated liquidity, higher efficiency - Compared to existing CLMMs: Both concentrate liquidity, while DLMM also provides zero slippage design and flexible strategies
💡 DLMM Feature 1: Zero Slippage Design
We define the price as multiple price bins Therefore, when trades occur within the price bins, they can be executed at the same price, achieving a zero slippage effect At the same time, this will encourage more people to trade in this pool, thereby increasing trading volume, and liquidity providers will also see better returns
- Compared to traditional AMMs: Liquidity is concentrated, leading to higher efficiency - Compared to existing CLMMs: Both concentrate liquidity, while DLMM also provides zero slippage design and flexible strategies
Little Penguin briefly analyzes the features of DLMM for everyone 🔍👇
💡 #DLMM Feature One: Zero Slippage Design
We define prices as multiple price bins Thus, when transactions occur within a price bin, they can be executed at the same price, achieving zero slippage At the same time, this will encourage more people to trade in this pool, thereby increasing trading volume, and liquidity providers will also have better returns
Of course, this is also quite suitable for stablecoin trading pairs, such as @USDC-USDT
💡 #DLMM Feature Two: Diverse Volatility Strategies
- Spot Strategy: Uniformly distributed within a specified range, similar to the rectangular distribution of CLMM, can also be set to asymmetric shapes to reserve space for upward/downward movements - Curve Strategy: Positions concentrated in the middle of the liquidity range, decreasing on both sides, suitable for stablecoin pairs - One-Sided Strategy: Maximum liquidity at the edges, decreasing towards the center, suitable for assets with high volatility, capable of capturing price swings and mitigating impermanent loss. Suitable for DCA buying or selling trading strategies, such as holding $BTC and waiting for price increases to sell gradually, while also earning transaction fees (There are too many pictures, I'll put them in the comments)
- Compared to traditional AMMs: Liquidity is concentrated, leading to higher efficiency - Compared to existing CLMMs: Both concentrate liquidity, while DLMM also provides zero slippage design and flexible strategies
Little Penguin briefly analyzes the features of DLMM for everyone 🔍👇
💡 #DLMM Feature One: Zero Slippage Design
We define prices as multiple price bins Thus, when transactions occur within a price bin, they can be executed at the same price, achieving zero slippage At the same time, this will encourage more people to trade in this pool, thereby increasing trading volume, and liquidity providers will also have better returns
Of course, this is also quite suitable for stablecoin trading pairs, such as @USDC-USDT
💡 #DLMM Feature Two: Diverse Volatility Strategies
- Spot Strategy: Uniformly distributed within a specified range, similar to the rectangular distribution of CLMM, can also be set to asymmetric shapes to reserve space for upward/downward movements - Curve Strategy: Positions concentrated in the middle of the liquidity range, decreasing on both sides, suitable for stablecoin pairs - One-Sided Strategy: Maximum liquidity at the edges, decreasing towards the center, suitable for assets with high volatility, capable of capturing price swings and mitigating impermanent loss. Suitable for DCA buying or selling trading strategies, such as holding $BTC and waiting for price increases to sell gradually, while also earning transaction fees (There are too many pictures, I'll put them in the comments)
- Compared to traditional AMMs: Liquidity is concentrated, leading to higher efficiency - Compared to existing CLMMs: Both concentrate liquidity, while DLMM also provides zero slippage design and flexible strategies
Little Penguin briefly analyzes the features of DLMM for everyone 🔍👇
💡 #DLMM Feature One: Zero Slippage Design
We define prices as multiple price bins Thus, when transactions occur within a price bin, they can be executed at the same price, achieving zero slippage At the same time, this will encourage more people to trade in this pool, thereby increasing trading volume, and liquidity providers will also have better returns
Of course, this is also quite suitable for stablecoin trading pairs, such as @USDC-USDT
💡 #DLMM Feature Two: Diverse Volatility Strategies
- Spot Strategy: Uniformly distributed within a specified range, similar to the rectangular distribution of CLMM, can also be set to asymmetric shapes to reserve space for upward/downward movements - Curve Strategy: Positions concentrated in the middle of the liquidity range, decreasing on both sides, suitable for stablecoin pairs - One-Sided Strategy: Maximum liquidity at the edges, decreasing towards the center, suitable for assets with high volatility, capable of capturing price swings and mitigating impermanent loss. Suitable for DCA buying or selling trading strategies, such as holding $BTC and waiting for price increases to sell gradually, while also earning transaction fees (There are too many pictures, I'll put them in the comments)
- Compared to traditional AMMs: Liquidity is concentrated, leading to higher efficiency - Compared to existing CLMMs: Both concentrate liquidity, while DLMM also provides zero slippage design and flexible strategies
Little Penguin briefly analyzes the features of DLMM for everyone 🔍👇
We define prices as multiple price bins Thus, when transactions occur within a price bin, they can be executed at the same price, achieving zero slippage At the same time, this will encourage more people to trade in this pool, thereby increasing trading volume, and liquidity providers will also have better returns
Of course, this is also quite suitable for stablecoin trading pairs, such as @USDC-USDT
💡 #DLMM Feature Two: Diverse Volatility Strategies
- Spot Strategy: Uniformly distributed within a specified range, similar to the rectangular distribution of CLMM, can also be set to asymmetric shapes to reserve space for upward/downward movements - Curve Strategy: Positions concentrated in the middle of the liquidity range, decreasing on both sides, suitable for stablecoin pairs - One-Sided Strategy: Maximum liquidity at the edges, decreasing towards the center, suitable for assets with high volatility, capable of capturing price swings and mitigating impermanent loss. Suitable for DCA buying or selling trading strategies, such as holding $BTC and waiting for price increases to sell gradually, while also earning transaction fees (There are too many pictures, I'll put them in the comments)
Solana Foundation Chair Lily Liu mentioned that current DeFi projects should focus more on revenue rather than total value locked (TVL)
After looking at DefiLlama, currently, @Haedal🦦 is the tenth overall chain liquidity staking protocol on Sui Continuing to be optimistic about $HAEDAL 👀
🐳 Recent updates for $CETUS 1. Pool open source: CLMM code is now available on Github 2. Ongoing audits: Completed the audit of CLMM in collaboration with Asymptotic, totaling three audits conducted after May 3. Chinese channel launched: Saw super cute discussions 😂