ETHEUR
Ethereum / Euro
crypto Composite

>**Subsidy or cry,**
>**Cutting yield would kill DeFi,**
>**Rhetoric bullseye.**
~Daily haiku until we’re at least at 0.178 on the ETH/BTC ratio or highest market cap

[WTB] 3 1/10 AGE with ETH

Not sure If It is going to age well, selling ETH for a loss and converting into BTC, you will be lucky If you 3x that next cycle.
It has probably been the most painful bear market ever for altcoin holders, now one has to hope that economic expansion changes the course.

If you're trading ETH, then exit. If you're investing in ETH, then hodl

You aren't missing out on anything. I started investing in crypto 9 years ago, and had I only bought BTC, my portfolio would be 30x bigger. Altcoins do many x's when it's their season, but they always return back to their low point when the hype cycle ends. BTC never returns that low (and so far neither has ETH, but ETH can be replaced whereas BTC can't).

Any tool you use through DeFi Saver that you could use directly on Aave, such as withdraw, supply, borrow, etc... are all free (just like using the protocol directly.)
We make our money on advanced tools that include a swap, and automations. For example - one tool is "Repay", which uses collateral from your position to repay debt (so it doesn't require any money in your wallet). Repay works like this:
\-> Flash loans the amount of debt you wanted to repay
\-> Repays the debt
\-> Withdraws enough collateral to repay the flash loan
\-> Swaps the collateral to the debt asset
\-> Repays the flash loan
So this would be an advanced tool that includes a swap - and has three "tiers" of fees:
\- 0.01% for stablecoin swaps
\- 0.1% for swaps of correlated assets (say wstETH and ETH)
\- 0.25% for non-correlated assets (ETH and USDC, for example)
On top of that, our automations also perform these advanced actions, but just automatically based on the users input. So, someone might say "if my Aave position's health factor falls below X, I want you to repay enough debt so that my health factor goes to X" - essentially automatically keeping them safe from getting liquidated.
We take an extra 0.05% automation fee along with the transaction fee whenever the automation is triggered.
That's pretty much our whole business model, and where we make our money. The rest, such as Telegram notifications, breaking down the history of your Aave position, etc... are all free to use on our app.

Borrowing against BTC/ETH generally isn't a disposal for CGT purposes — HMRC taxes you when you dispose of the asset, not when you pledge it as collateral. The risk is if the platform liquidates your collateral to cover the loan — that liquidation counts as a disposal.

**ALL HAIL THE ETERNAL CRAB**
🐻 ⚡ 📈 🌊 📈 ⚡ 🐻
⚡ ⚡ 📉 📈 📉 ⚡ ⚡
📈 📉 📈 🐋 📈 📉 📈
🌊 📈 🐋 🦀 🐋 📈 🌊
📈 📉 📈 🐋 📈 📉 📈
⚡ ⚡ 📉 📈 📉 ⚡ ⚡
🐻 ⚡ 📈 🌊 📈 ⚡ 🐻
**$1000---$1868-------------$5000**
**2021----------2026----------∞**
*Saylor: Sells hundreds of millions in BTC.*
*Lee: Buys tens of millions in ETH.*
*Ratio: Dumps.*
*The Crab cannot be defeated.*

Hi,
I wondered if anyone could enlighten me on today’s dump?
Bitcoin / ETH etc has been doing so well for the past week and now it’s giving all those gains back.
I’ve been trying to find news, but I must be crap at
It.
Is it liquidations? Trump? Saylor news?

>Such an equilibrium cannot form
Yes it can.
> because stakers as you say are in a losing proposition
Ah! But that won't happen. Market equilibrium ensures no one will stake beyond the point where home stakers become unprofitable. In the same way market equilibrium protects home stakers under the changed curve, it's exactly the same scenario. Under the proposed curve, yield *could* go to 0%, there's no mechanism built into the proposal that will prevent this, but we don't need to worry about it because market equilibrium guarantees that it's not going to happen.
>But holders are even more so
But that's not going to be an issue anyway when 100% of ETH is staked.

Such an equilibrium cannot form because stakers as you say are in a losing proposition. But holders are even more so, when more and more ETH is staked you get more and more diluted so you may as well stake your own. Particularly if slashing loses its bite because, anyway everyone is staking so what's there to lose. With the lowest friction way possible they will likely become LST holders.
This is how the stake growth spirals into very high stake ratios.
For that equilibrium to happen you need get the yields observed between staking and holding closer and closer. Such that you can ensure there is always a point at which the equilibrium can form.

Well you’re in a crypto sub so of course they’re going to advocate for it.
I think stocks are better. They have actual cashflows, dividends, and real world businesses. Crypto is pure speculation. ETH has real world uses? Then why has it underperformed so much? I don’t get it.
I think they’re too volatile and sensitive to safely hold, many might buy the top and sell the bottom.
Perhaps BTC does recover to ATHs eventually, but it could not. I used to be into crypto, but I think you’d be better off trying stablecoins or providing liquidity on DeFi stuff than just holding some coins.

I’d stay BTC heavy and use a small amount for ETH/SOL if you’re curious. No need to completely change what’s already working for you just because you feel like you’re missing out.

WETH totalSupply at block 25,674,041: exactly 2,301,231.1877320125 ETH is wrapped right now

ETH/Iran is the most powerful ratio out there

It's hopium at best, and misinformation at worst.
Your money is safer in the market than in ethereum right now. "What ifs" don't make people rich, constant and steady growth do. And ETH has done nothing in 5 years, whereas your money could be doubled by now from SPY 2021-2026.

> It’s also there no matter the price of ETH or what the market is doing
But in a hugely volatile and unstable market place it's irrelevant.

The universe is just BTC & ETH and something's i put in more coins in the model according to my understanding of the regime
When running this with Momentum 2 + Carry + A directional mean reversion and an intraday strategy the overall portfolio looks quite cool

And here’s me buying ETH this year lol
Smart contracts on a hugely known, secure chain which is just getting adopted by institutions? Hell yeah, sign me up

BTC heavy is smart. SOL and ETH are not shitcoins though, they have actual utility.