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I was in @0x_b1 wallet for the hundredth time snooping for alpha. Boy, does he love waffles aka $YFL.
Time for a thread.
Time for a thread.
This neat Zerion dashboard displays 0xb1's capital assets and debt allocation. The following tweet is peculiar.
0xb1 has allocated $51.87M to 5 AMMs.
Linkswap @YFLinkio, a community-run dex.
Uniswap, 1inch, Sushiswap and Balancer.
Linkswap @YFLinkio, a community-run dex.
Uniswap, 1inch, Sushiswap and Balancer.
Linkswap @YFLinkio is leading with 54% of the AMM allocation. @Uniswap, @1inchExchange, @SushiSwap, and @Bancor follows at 34%, 4%, 4% and 0.22% respectively.
Of the $19.4M USD LP'd on Uniswap, $1.1M is allocated to @YFLinkio YFL/stETH pair.
Note that the allocation accounts for 100% of the YFL/stETH liquidity on Uniswap.
Note that the allocation accounts for 100% of the YFL/stETH liquidity on Uniswap.
While Linkswap is a community-run dex in the larger @YFLinkio ecosystem, there is no doubt that it is enjoying the support of the largest wallet in Defi. It is in fact enjoying more support than any other AMMs.
It can be assumed that $YFL is backed by a billionaire.
It can be assumed that $YFL is backed by a billionaire.
The tokenomics of YFL are ultra bullish.
6 mil./day volume with 38% YFL staked in the gov vault means that each $YFL earns you $0.14/YFL/day.
16% APY at current prices.
The numbers changes with volume and price.
http://calculator.yflink.io
6 mil./day volume with 38% YFL staked in the gov vault means that each $YFL earns you $0.14/YFL/day.
16% APY at current prices.
The numbers changes with volume and price.
http://calculator.yflink.io
If #Linkswap hits $200M per day volume with 38% of $YFLs staked in the gov vault you earn $4.211/YFL/Day at today's price of $320 per #YFL.
If volumes reaches Uniswap levels, daily returns will be astronomical. Each #YFL will be like an army of ants harvesting yield 24/7.
If volumes reaches Uniswap levels, daily returns will be astronomical. Each #YFL will be like an army of ants harvesting yield 24/7.
0xb1's open strategy shows that liquidity on Linkswap will not be a problem when the volume grows. In the medium and long-term, this is a race for sustainable APY.
Which bring me to this tweet. Why is YFLink one of the most undervalued project? Within the next few weeks, I think it will no longer be undervalued. https://twitter.com/defiantevidence/status/1360497474646003713?s=21
One $YFL is going to be like the golden goose that keeps laying golden eggs. DeFi is just getting started. Prepare for the flight.
