#003

👩‍🌾 Yield Duck: Let's grow, let's grow! And...Let's live, let's live! Edition №3

28 July | by

Hey Moni Maker

Hello, kid! I see the market shook you, ha-ha! You're at the Farm Milka Ranch, Yield Duck is talking to you. This is the third edition of the analytical f@cking farming digest!

Eh, I'd keep eating my milk and smoking hay, but the gentlemen from Delta.Theta и Moni Talks are blowing my mind again. They say the patrons want meat. And I'll give them meat!


1

Parsing the market like Lego

Overall Legacy of the Week

Bitcoin moved out of its old rut last week, breathing some life into the DeFi market as well. As a result, Market Cap and TVL recovered from the fall, becoming even slightly larger than they were before. But it is not the volume that is interesting, but the structure of the market. Or rather its changes. After all, the second protocol by capitalization was...the NFT game (most likely it will be the first). In general, life has become if not better, then certainly more fun!

Ethereum

TVL growth in the two largest DeFi-ecosystems Ethereum and BSC quite logically accounted for most of the total TVL growth. At the same time, BSC grew more in relative terms (by 20% vs. 13% for ETH). In general, the color of the past week is green; most of the projects showed growth. If we talk about the results of individual projects, Flexa stands out in Ethereum, with a weekly growth of 70.39% and BasketDAO (+54.7%).

Recently Vitalik Buterin said that the transition to ETH 2.0 is expected in about half a year. The transition will be gradual and not all features will be available immediately, but they will appear in the subsequent hardforces after the merger.

BSC

Speaking about BSC, ApeSwap added 67.84% and dForce as much as 138%.

The good news is that the widespread pressure on Binance in no way hinders the development of projects on BSC. In addition, the demand for Binance Smart Chain within the Play2Earn NFT boom will clearly be higher than for ETH with its still expensive transactions.

For example, the capitalization of CryptoBlades (SKILL) has grown more than 100 times in a couple of weeks and is now at $90M.

The capitalization of MyDeFiPet is already at the level of $100M. At the same time, the possibility to earn money will only be available in the fall, and the game itself is still, in fact, in beta.

Blockchain funds within the POLYGON ecosystem, after rising to $5.35B, are down to the marks of the beginning of the week at $4.4B. The project continues to announce new partnerships with other teams and increase potential market share.

The main capital-raising activity came from IRON FINANCE (IRON), the second attempt to organize a high-yield decentralized algorithmic stablecoin system. The index of raised funds increased almost by half (+42%) and amounted to $692M.

The rate of development of the Solana blockchain ecosystem is gradually increasing. The amount of funds raised has increased to $1.17B. Stablecoin exchange SABER(SBR) showed impressive growth, closing a $7.7M seed round of investment and raising $119M (+85%) on the platform.

Projects’ News

The protocol updated the interface, giving users the ability to trade, provide liquidity, and vote all at once in one place on a single platform. However, the decision of the UNISWAP LAB development team to ban the use of a large number of synthetic tokens on the platform caused a much greater resonance in social networks. Such preventive self-censorship was not widely understood or welcomed in the community, although blocked tokens are available for exchange through UNISWAP but with the help of other platforms.

The protocol continues to expand the number of user projects. This week several different partnerships were announced, among which NFT-marketplace CHAIRS FINANCE, risk management with RISK HARBOUR platform, and farm liquidity aggregator HARVEST FINANCE. The withdrawal of Polygon tokens - MATIC, from Binance and TrustWallet is now available within the original network.

The staggering success of the game has led to serious talk of a new Play2Earn trend in the entertainment industry. A detailed report allows predicting the successful continuation of the private story of an individual company and many trends in the crypto-economy - from marketplaces and NFT to the growth of transactions and the use of Ethereum blockchain in general.

The project continues to evolve, conducting a public search for employees in the social media development department, apparently seriously determined to compete with Twitter. The grants team also hinted that there would be pleasant surprises for active voting participants shortly. The marketing department continues to attract users to the after-party after rAave, a special dance marathon held last week in Paris alongside the EthCC conference.


2

Yeld review | FARM THEM ALL

I'm not Milen Farmer. I'm a Farmer.

And now I'm going to share some interesting farming ideas with you. I've listed them down into three parts by risk profile: low, medium, and high (IT’S REALLY DANGEROUS).

Even though Delta.Theta did a good analysis, DYOR on your part is necessary! DYOR is a f@cking mask when you walk into a store! You can't go into projects without it! Gooooo!

Low Risk

While we're partying, let's get out of our comfort zone and do some real work. For example: let's go see the guys at Harvest. The guys aren't some kind of simple collective farm. They have their own cool multichain farm with blackjack and tractors! Just add ether and get some great rewards in FARM!

Medium Risk

Biswap is even hotter (there's a reason for the label "hot" on the left). Already $10 million have been thrown, and the yield as much as almost 253% (even without reinvestment)! Come on, and you can’t miss this train. But….DYOR!

High Risk

The most degen degens can go to Polygon with dinosaurs and try their luck there. Almost 900% interest per year without reinvestment, and with it they promise 684K% interest! DYOR: dinosaurs are not always lucky.

Anyway, if you lose the money, don't even think about coming to my ranch. I'll cut your ass off and you won't be able to sit in crypto anymore. All right, I'm kidding. I'm gonna go finish my milk and go to sleep.

Follow my homies everywhere. Otherwise, there won't be any more digests!

Delta.Theta: Twitter and Telegram.

Moni Talks: Twitter and Telegram. And leave your feedback in the chat. If you don't, I'll shoot you in the face. See, farmer.


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