Andy's Alpha #3
Hot DeFi opportunities, market trends, timely news, data analysis and more!
The markets are on fire this week and the froth is returning in a big way. You excited? Well, after today’s alpha newsletter you’ll surely have some action steps to take to outperform the market. Let’s go!
Andy’s Alpha will remain a free newsletter . If you wanna contribute, you can send any ERC20 here: andysalpha.eth!
Todays Inspiration
"The individual investor should act consistently as an investor and not as a speculator." - Benjamin Graham
High ROI Actionables
Deposit stETH on Raft.Fi & borrow R, sell half, then get great stablecoin yields on Beefy Finance: R is the stablecoin of Raft protocol, and when you pair it up with DAI on Balancer, then deposit on Beefy for yield aggregation there are some very great yields to be had in a passive manner.
Deposit onto DoveSwap: Throwing it back to the DeFi Summer liquidity mining days with DoveSwap’s current LP pools. 3 weeks left on these insanely high yielding pools. Definitely an opportunity for those savvy enough to watch the video I recently did on bridging over to Polygon zkEVM (takes 3 mins).
Use Pendle.Fi: The $PENDLE token is pushing local highs and the chart looks amazing. They have amazing yields on stETH, bond buying programs, GLP offers and much more. Arbitrum is the home base. Listen, you just want to be paying attention to this.
Get Into Opepen Before 007 Drop: Everyone likes James Bond right? Opepen is easily the most innovative NFT project on the market right now and its just plain ol’ fun! I’ve been thoroughly enjoying the process of each reveal, opting in, and seeing if I hit! So far I’ve only hit 004, which has the second highest post reveal floor price. Every time Jack announces a new drop, the FP rips higher (currently at 0.69ETH)…I do own some of these, so take what I say w/ with a grain of salt…but I think the unrevealed FP will be 2 ETH sometime in Q3, a nice 3x from here. DYOR. NFA.
Approved Alpha
Aura deploys on Arbitrum with nice yields available:
My pengu fren Jay lays out the main upcoming catalysts in the market:
Vitalik with a very good article on L2s / L1 interopability:
Parallax with great LSDFi yields:
DeFi Mochi on the best LSDFi projects/opportunities out now:
Linn on Pendle:
Opportunity for zkSync pioneers:
Tindorr on Pendle:
New Catalyst AMM testnet, potential airdrop:
Sisyphus telling you that ARB token & OP are undervalued:
James Ho explaining why:
Polygon 2.0 and moving to zkEVM Validium:
Alpha on using Maverick Protocol:
Coopahtroopa still pushing hard on music NFTs:
themerge.eth on SNX yield opportunities:
Chainlink tokenomics upgrade:
DeFi OG Vance on his mental models for bear market investing:
Eli5 on crvUSD and getting great yields:
Kunal on LSTs and LST-Fi:
Timely News
Deutsche Bank aping into crypto:
MetronomeDAO adding new features:
New exchange backed by CS & Citadel:
Omni launching testnet for rollup, potential airdrop:
Tommy on the news for the week:
Perpetual Protocol partnership with Yearn:
JPOW bullish on crypto and recognizing stablecoins as legit:
Maverick Protocol completes $9m raise:
Gnosis Chain L2 with upgrade coming:
Tree of Alpha on GG getting fired:
BNB Chain to launch on Optimism:
Data Analysis
Swell Network absolutely chadding with TVL increases hitting close to $50M. Tons of opportunities with $swETH yield farming available now. Good yields.
A quick look-in to the financial statement of Instadapp thanks to Token Terminal pro:
