Warning! I’m going on a rant about all the fake people on X.

A lot of people live in an illusion and/or have no idea what they’re talking about. We all know laser eyes have taken the wrong exit 1000 years ago, so the screen shot below is just the obvious top of the ice berg.

I talked to a guy who wrote a lot of threats for some top influencers. This isn’t necessarily a bad thing. They might have other things to do and as long as the content is good, who cares.

The thing is, that I had the impression that some of those influencers actually have no deep knowledge of Defi. And here they are talking about it and giving some horrible advice to their 50k-100k followers.

The moral of the story is that the only way to avoid getting scammed is to cultivate your own skills. If you don’t have the knowledge, you often don’t see behind the curtain. Often, they’re very good with emotional talk.

The meme below is pretty much the same energy.

DeFi Updates

A new token standard ERC-1919. It is not traded on a DEX, but via a smart contract that mints or burns token.

I’m not sure if this is just some hot air or something useful. I have to think about that first.

Suddenly, I’m seeing a lot about Soul recently, which is a pretty obvious sign of a paid marketing campaign.

Soul is a cross-chain lending protocol, so something similar as Radiant. Radiant has also been hyped and is losing feathers.

I don’t even believe that a cross-chain lending infrastructure is even a big deal. I’m doing Defi stuff every single day and this hasn’t been a thing I was missing to be honest. Bridging is so easy and fast nowadays and it develops so quickly, that I wouldn’t see Soul as a long term thing. But it could do pretty well over the bull if cross-chain becomes a thing again.

MGP becomes the overlord of the Magpie eco.

Voyager with some more thoughts to it.

Splice is a fork of Pendle and deployed on Mode. Since it’s a 1:1 fork, the whole code from Pendle V2 was taken without changes. At least that’s what they say in the docs. The whole code can be viewed on Github and if there’re no backdoors, the protocol should be safe.

Since it’s pretty new and there’s not much liquidity, I didn’t go in with much size yet. But I couldn’t resist 50-60% fixed APY so I aped with a little bit.

SOC launches its token. I’m using this platform for quite a while now and I can recommend it. The Telegram notifications are very helpful.

_{(You can find my ref. at the end.)}

Jumper integrated Mantle and Mode recently.

Investing

I feel well positioned for the next leg up. That’s why stop my usual DCAing, which flows into stables for farming now.

I don’t sell anything yet and I will still buy some stuff here and there when I see an opportunity. But I’m preparing myself to DCA out. I definitely want to sell too early than too late and leave half of my portfolio on the road.

Stablecoin farming can be very lucrative if done right, so expect some strategies in the near future.

I like $LNDX at these prices!

It's a highly unique project, which actually helps and not your usual real estate stuff.

With the ETH ETF approval and the tokenization hype, RWAs could see some growing interest in the coming months.

RWAs is an easy to understand concept and as I said the real estate thing is a little over done.

However, there’re some uncertain risks I can really take into my calculation. Things like the local laws and what happens if a farmer isn’t able or doesn’t want to repay his debt. There’s a insurance fund for such things, but RWAs aren’t really my field.

For this reason, I’ve just added very little to my already small position.

Pendle is still the best r/r-play. If there won’t be a serious exploit, this will be the Aave or Maker this cycle.

I’m not really buying Pendle at this point, but I’m farming some via Penpie and Pendle pools.

I closed my xETH position and made a good profit with the pump. I swapped it for fETH and lend it right away on Timeswap again for ~16% and FXN + TIME rewards.

I started to unstake some TIA, but will keep a bunch staked with one wallet. When the next leg up happens, I’ll start selling some into the movement.

I also have a significant amount of milkTIA and stTIA, which I want to reduce.

I hope the Milk drop is going to be good, but I doubt it. At least Stride shows what you’ve earned.

If you’re interested in one of the following projects, I appreciate if you’d use my code!

Rabby Wallet (Best EVM wallet):
https://rabby.io/rabby-points?code=SEXYLIFE
Aurelius Finance (CPD and Lending):
https://app.aurelius.finance/?af=sexy
Spot On Chain (Analytics Platform):
https://platform.spotonchain.ai/referral?code=0r3wi0eg6n33
HMX (Perp Trading, Arbitrum, Blast):
https://hmx.org/arbitrum/referral?ref=SEXYLIFE
Merkle Trade (Perp Trading, Aptos):
https://app.merkle.trade?ref=ISEOW51X
NFT Perp (NFT perp trading, Arbitrum, Blast):
https://app.nftperp.xyz/referral?code=DCAA40EE
Parcl (Real Estate Perp):
mojolife
Karak (Restaking):
wUpY9
c2zNh
LG7bW
TnV1u
YXHjj

Stay Sexy!

I’d appreciate if you give me some feedback and what you like to read in this newsletter, so I can provide the best value for you! Just send me a DM on X or respond directly to this mail.