Daily Degen 2022 July 3 🦍📓

TLDR;

- Where REALLY does the yield come from?

- What does bankruptcy mean for 3AC?

- Why most crypto traders don't make money

- How tokenizing real world assets will elevate DeFi

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1/ @tokenterminal on where the yield comes from in DeFi

Token Terminal @tokenterminal

Where does the YIELD come from in DeFi?💰 • DEXs: trading fees • Lending: interest • Options: premiums • Staking derivatives: block rewards (& tx fees) • All protocols: governance token incentives • Yield aggregators: all of the above

2/ @wassielawyer on what Chapter 15 bankruptcy means for 3A

wassielawyer @wassielawyer

1/ The fact that 3AC has been put into liquidation in the BVI is hitting headlines everywhere. But what does that mean? What is this Chapter 15 that just been been filed in the US? Here is a thread demystifying all of this from a hentai anime penguin in a suit:

3/ @thedefiedge on why most crypto traders don't make monies

The DeFi Edge 🗡️ @thedefiedge

Most Crypto traders aren't profitable. Why? They haven't mastered their trading psychology. And their emotions are sabotaging their potential profits. "Trading in the Zone" is the Bible of Trading Psychology. Here are my biggest takeaways (including common mistakes):

4/ @ChainLinkGod on how DeFi will scale globally

ChainLinkGod.eth @ChainLinkGod

1/ Tokenized Real-World Assets (RWAs) is how #DeFi will scale to a global level A 🧵 covering my thoughts on the opportunities and challenges this present

5/ The state of the world in one screenshot

smolting (wassie, verse) @inversebrah

q3 2022