Daily Degen 2022 July 4 🦍📓

TLDR;

- $SOL has a lot of NFT volume

- Are you sure you want to be your own bank?

- How you can get 25% yield on USDC

- Puerto Rico rugs Peter Schiff

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1/ $ETH vs $SOL NFT volume

Alex Svanevik🐧 @ASvanevik

NFT volume 🖼 Ethereum (left) vs Solana (right)

2/ @0xJim on the different ways to lose everything in crypto

jim @0xJim

Crazy how many ways you can get rugged in crypto Phished for your private keys Sign a malicious transaction Bought the wrong coin/NFT with the same name Team rugs a project RPC gets compromised Token economics break (TIME, Luna) Protocol exploited Cefi institution loses ur money

3/ @DegenSensei on how @UmamiFinance maintains a 25% yield on USDC

Degen Sensei | DeFi Scavenger 🔎 @DegenSensei

New substack post that discusses how @UmamiFinance can deliver 25% yield in their USDC vault. It dives into providing yield for customers and adopting risk management through @TracerDAO and how @dopex_io will tie it together through Atlantics. Enjoy!

degensensei.substack.comThe Delta Neutral Yield Strategy25% APY, how is that possible?

4/ @PeterSchiff rugged by Puerto Rico

Peter Schiff @PeterSchiff

Despite no evidence of crimes, Puerto Rico regulators closed my bank anyway for net capital issues, rather than allow a sale to a highly qualified buyer promising to inject capital far in excess of regulatory minimums. As a result accounts are frozen and customers may lose money.

5/ My unborn kin can't wait to inherit @CryptoDickbutts

MaxineRyan.eth @MaxieRyan

Showing my son all the NFTs he’ll inherit.