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DeFi Dad

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DeFi Dad ⟠ defidad.eth is a prominent DeFi super-user and educator, dedicated to demystifying decentralized finance. He shares valuable insights through his podcast, 'The Edge Pod,' and via comprehensive newsletters and engaging video content, guiding his audience through the complexities of the Web3 space.

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Latest X Posts

DeFi Dad ⟠ defidad.eth@DeFi_Dad18h

Great interview here, bookmarked to watch in full, nice work @andyyy and @robbieklages 👏

31161.8K3
DeFi Dad ⟠ defidad.eth@DeFi_Dad18h

It would be the worst move ever, if ETH staking issuance was lowered. Maybe in the future—but not now.

60193.1K
DeFi Dad ⟠ defidad.eth@DeFi_Dad19h

Larry Fink says: “Ethereum is the toll road to tokenization.” It's not a prediction anymore. It's what's happening. In a new @Edge_Pod, @VivekVentures from @Etherealize_io elaborates on what they mean by Ethereum and The Era of Productive Money. "We saw how big AI got, how fast that accelerated. The same thing is happening in the blockchain space. So it is an Ethereum bull market and we think it's inevitable that ETH, the asset, has a significant repricing... stablecoins are gonna become the default for using dollars onchain or using dollars anywhere, ETH will become the productive money in this whole economy."

38376.8K4
DeFi Dad ⟠ defidad.eth@DeFi_Dad20h

The irony of my timing above—this was shared less than 1 hour later. Glad to see @LayerZero_Core stepping up. Better now than never! Best wishes to @aave on next steps with the restoration plan and all teams involved.

20131.6K1
DeFi Dad ⟠ defidad.eth@DeFi_Dad20h

I was talking to a friend who sits in @LidoFinance earnETH vault which is paused now for deposits/withdrawals due to the rsETH impact on Aave. In case you weren't aware, you can sell earnETH on a DEX but the issue is there's no liquidity to sell. So instead, you can set a Limit Sell order on @CoWSwap. I'd set the price to sell at, lower than the market price ($2305) in the hopes of someone seeing opportunity to buy below current market prices. 1⃣ Go to: http://swap.cow.fi/#/1/limit/earnETH/USDC?tab=open&page=1 2⃣ Specify price to sell 1 earnETH (bottom line) 3⃣ Specify how much earnETH to sell 4⃣ Or specify how much USDC you want It'll fill in the math for the third input, whichever of these you leave blank or in case you want to sell to USDT or ETH, etc. I'm hopeful this Aave restoration plan for rsETH backing is executed soon, so affected users in a product like this one can withdraw if needed. If you don't need access to the funds, I'd just wait but if you do, this might help.

75234.5K9
View more on →

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Latest X Posts

DeFi Dad ⟠ defidad.eth@DeFi_Dad18h

Great interview here, bookmarked to watch in full, nice work @andyyy and @robbieklages 👏

31161.8K3
DeFi Dad ⟠ defidad.eth@DeFi_Dad18h

It would be the worst move ever, if ETH staking issuance was lowered. Maybe in the future—but not now.

60193.1K
DeFi Dad ⟠ defidad.eth@DeFi_Dad19h

Larry Fink says: “Ethereum is the toll road to tokenization.” It's not a prediction anymore. It's what's happening. In a new @Edge_Pod, @VivekVentures from @Etherealize_io elaborates on what they mean by Ethereum and The Era of Productive Money. "We saw how big AI got, how fast that accelerated. The same thing is happening in the blockchain space. So it is an Ethereum bull market and we think it's inevitable that ETH, the asset, has a significant repricing... stablecoins are gonna become the default for using dollars onchain or using dollars anywhere, ETH will become the productive money in this whole economy."

38376.8K4
DeFi Dad ⟠ defidad.eth@DeFi_Dad20h

The irony of my timing above—this was shared less than 1 hour later. Glad to see @LayerZero_Core stepping up. Better now than never! Best wishes to @aave on next steps with the restoration plan and all teams involved.

20131.6K1
DeFi Dad ⟠ defidad.eth@DeFi_Dad20h

I was talking to a friend who sits in @LidoFinance earnETH vault which is paused now for deposits/withdrawals due to the rsETH impact on Aave. In case you weren't aware, you can sell earnETH on a DEX but the issue is there's no liquidity to sell. So instead, you can set a Limit Sell order on @CoWSwap. I'd set the price to sell at, lower than the market price ($2305) in the hopes of someone seeing opportunity to buy below current market prices. 1⃣ Go to: http://swap.cow.fi/#/1/limit/earnETH/USDC?tab=open&page=1 2⃣ Specify price to sell 1 earnETH (bottom line) 3⃣ Specify how much earnETH to sell 4⃣ Or specify how much USDC you want It'll fill in the math for the third input, whichever of these you leave blank or in case you want to sell to USDT or ETH, etc. I'm hopeful this Aave restoration plan for rsETH backing is executed soon, so affected users in a product like this one can withdraw if needed. If you don't need access to the funds, I'd just wait but if you do, this might help.

75234.5K9
View more on →