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Yield Yak π π₯
@yieldyak_
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Tools for DeFi β’ Auto-compounding and strategically managed vaults π₯ β’ Discord: https://t.co/nwpSJeweEF
Farm
Joined March 2021
π₯ rsAVAX is LIVE on @StableJack_xyz V2 as its first collateral integration. You can now choose between 100% yield, or 100% points (or a mix) on your restaked sAVAX. What is StableJack V2 and How Does this Work? SJ V2 is a leveraged yield farming platform but built in a unique way which removes risk of liquidations. To illustrate, here's how it works for rsAVAX. As a user you choose to between the rsAVAX YT (Yield Token) or PT (Points Token). π§βπΎ YT = You forego accruing Milk, @SuzakuNetwork Points, and StableJack Points and maximize your real yield π PT = You forgo your native rsAVAX yield (~5%), and instead earn leveraged Milk, Suzaku, and StableJack points. In this way, a market is created for both the native yield and the points farming, and the amount of points leverage and the percentage in native yield will shift based on demand for each token. In simpler terms: If I choose the YT, all my points go to those who owns the PT but... If I choose the PT token, I give all my sAVAX yield to those who own the YT. But wait! For the hedgooors among us, one attractive strategy could be to simply split your deposit 50/50 between the YT and PT token, and you would then be earning StableJack points with 50% of your rsAVAX, with balanced exposure Additional Info In the StableJack UI, you can see the current APY for the YT. For the PT token, you will have to make your own judgement on its value. Howver, in January Milk Points alone were worth 2% APY π. Note that if you buy the YT or PT tokens with rsAVAX, there is no slippage (same goes for exiting). What are StableJack Discount Tickets? Stable Jack's incentive program, where users receive Discount Tickets (aka points) by performing specific actions on Stable Jack. $JACK is planned to launch later this year. At the end of each epoch, users receive a JACK allocation and a discount based on the number of Discount Tickets they have. This allows them to purchase JACK tokens at a discounted price compared to the spot price. π«‘ A huge shoutout to StableJack for the integration and big congratulations to them on their successful launch.
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RT @StableJack_xyz: your reaction when you discover you can buy YT-rsAVAX and enjoy the HIGHEST 10% $AVAX yield!
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RT @Nutymoon: $AVAX yield through @yieldyak_ x @SuzakuNetwork LRTs: - On @LFJ_gg: 11.7 in $QI + 5.3 from $sAVAX = 17% π€― - On @StableJack_xyβ¦
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RT @SuzakuNetwork: π¨ Points trading is live on @avax thanks to @StableJack_xyz v2! $rsAVAX is the first asset supported and here's the TL;β¦
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On Tuesday weβll be hosting a roundtable on all things @avax Milk Vaults, (re)staking, and how to maximise the opportunity as a yield enjoyer with friends @SuzakuNetwork and @StableJack_xyz. β° Set your reminders.
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RT @StableJack_xyz: You're missing a BIG OPPORTUNITY! @StableJack_xyz is the best place to utilize your idle $AVAX, $sAVAX or $rsAVAX. π’Pβ¦
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RT @real_yakman: this pool helps others enter and exit rBTC.b good strategy for LPs in rBTC.b/BTC.b is to use the bin closest to 1:1. theβ¦
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RT @LFJ_gg: Restaked $BTC is now on #Avalanche. Brought to you by @SuzakuNetwork and @yieldyak_, $rBTC.b is the first BTC LRT for the AVAXβ¦
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@iam_hodling @LFJ_gg Just different time-frames for the calculation. Yield Yak's is more recency-biased than LFJ's.
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RT @ravageur77: Just gave it a spin with some $rsAVAX, very nice product, well done @StableJack_xyz . How it works: If I choose the YT,β¦
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RT @real_yakman: Stable Jack opens a market for you to choose a side for rsAVAX: - Points (PT) - Underlying Yield (YT) As a PT holder, youβ¦
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RT @StableJack_xyz: STABLE JACK V2 IS LIVE! We have been waiting for this time for a while! Want to explore the v2? Head over to 2nd tweeβ¦
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RT @harry_avax: If you'd like to hear about what we've been working on with @Tesseract_avax and @yieldyak_ recently then Wednesday is the dβ¦
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RT @0x_ultra: hey, so this is actually insane! Iβve been waiting for deeper AI x DeFi integration and we are finally gonna get a first gliβ¦
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RT @SuzakuNetwork: π¨ The debut of $BTC LRT has arrived on @avax: say hello to $rBTC.b in the @avax ecosystem! Stakers can now restake $BTCβ¦
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RT @real_yakman: that is our unique approach to make ai agents work for you without wasting your time chatting to them you can still talkβ¦
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