Guys I want to share this cool tooling:
https://jsfiddle.net/3pjcmtaq/
Who is doing some YIELD farming?
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Guys amazing times.
What is your YIELD return at the moment?
I build a portfolio with an stable 15 APY 
And having some more risky assets pools getting bit insane.
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I’m an expat from northamerica ‘stranded’ in Egypt due to Covid19. I’ve come to really like it here so I think I will stay…and would like to do it on crypto primarily.
Now, CeFi here have a guaranteed bond backed by the government with a yield of 15%, payable monthly, and term (locking of capital) is one year. How does DeFi compete with that!
Now with a modest investment*, one can live VERY well here…I live in Roushdi which is the equivalent of upper west side Manhattan or Marina district San Francisco…all for the cost of public housing (I kid you not)…however I cannot participate in this CeFi due to being on extended tourist visa.
I bank with HSBC global and did open an account here but their equivalent is 12%, term of 3 years and there is no way I am locking up capital that long.
Now the underlying currencty is EGP, the egyptian pound note which trades at about 15:1 USD or 17 EURO or 11 CAD give or take. I don’t think it’s Lebanon here either but somewhat sound. Their military is fairly strong.
This is a great course and great introduction to many projects out there. Are there projects that will guarantee returns at rates comparable to this 15% government backed one that will not lock funds for 1 year? Or are there community members who have achieved this with their coin funds for a period of 3 months+?
If a fund could do that I could see it taking off but at present crypto here is just not up to speed with the rest of the world.
Best regards
*PS: When I say modest investment, you could seriously retire and live comfortably on 50,000 Euros with 15% APY payable monthly/dailey. Now, I know no financial advice but in truly living off crypto I have seen on other videos people in NorthAmerica are using ‘coincards.com’. This is regulated and everyone seems to swear on this as a means of living off crypto and not evading taxes…seem clear cut tax evasion to me the second you use those cards…what say you?
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Furucombo is very cool but without knowing the exact arbitrage opportunity combination at a given time it really does not work. Are we going to dive into finding the arbitrage opportunities?
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Hello, Does anyone knows the meaning of this error?
Fail with error ‘SafeERC20: low-level call failed’
I got it by commenting line118 of arbitrage.sol
require(daiBought > totalDebt, “Did not profit”);
At the moment I wanted to run the contract even by losing money just for testing.
@Andrewgaven
It would be that you check the code line that you commented well, I executed the code with the line “require (daiBought> totalDebt, “Did not profit”);” commented and the code was executed without problems.
You can build robots for this but overall this is not really something that is possible to be efficiently done by humans. It is possible to build bots for this that scrap data and act.
The most important thing is that you understand to underlying financial working of the protocol.
Then the next step would be is understanding that the current system is flawed … then build your strategy and build long term wealth and work hard. There will never be a free lunch but you can always make calculated risks.
I will release a basic DeFi investment strategy soon that would help all to make the transition to a new system and incentives us to do so.
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A little early for me to give any Yield Hacking strategies but gaining interest on certain defi and cefi platforms like compound, Aave, Nuo, etc. is better than any centralize bank hands down. Now that i have taking this course i will try some liquidity pools and flash loans. As for now cefi and Nuo gives me good ROI as i known its more of a risk but so far so good. I do think that the gas prices of transaction cost keep many newby’s from investing in some of these ventures.
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The main difference between now and the next wave of finance is the future transparency blockchain offers within accounting. So although whales may get in early and make the first huge gains, the way in which they manage their capital going forward will be much more open to scrutiny and will prevent much of the corruption that feeds the ongoing wealth divide. In the end people who add value should be able to transfer wealth away from idle fat cats.
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So here’s a potential strategy:
- Use ETH to collateralise Dai on Maker (going long eth) https://oasis.app/borrow
- Use 1inch to swap Dai to sBTC https://1inch.exchange/#/DAI/sBTC
- Deposit sBTC in Curve and receive Curve LP tokens https://www.curve.fi/sbtc
- Stake Curve LP reward tokens using Mintr to gain CRV and BAL tokens. Also BPT tokens (the LP token) will accrue and can be unstaked at any time which will be converted to into SNX and REN https://mintr.synthetix.io/
This would be a leveraged strategy that could only be liquidated by a large drop in Eth price, however its also leveraged against the price of BTC since sBTC in the chain.
I’m not sure how to calculate if this strategy would be worth the risk however it sounds like a lot of upside. The best way to mitigate the risk is to have a very highly collateralised ETH to Dai loan. Possibly covering a drop to $100 for Eth.
Would love to hear anyones thoughts on this 
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Cool this makes a lot of sense.
We should have a website where we can share and compet these strategies.
The backtesting and modeling of these strategies is still a bit hard I’m looking into open sourcing some of the models I use for this. Issue rmains that this is indeed high risk but also good return …
If ETH does not drop below $100 you will get ± %20 APY + LONG ETH + LONG BTC
I like this setup.
We can make this into a solid strategy and propose this to PIE DAO for example if interested.
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Cool let me know if you need help I’m in governance board 
So we can make strategy and offer this to Arragon
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A variation to this strategy would be with a bit more security:
It is a good idea from here next step is:
- Instrument listing
- Data input lists (ETH price, BTC Price … etc)
- Model end rules (IF ETH >100 then increase collateral and rebalance SNX, BALL)
- Backtesting
Then see how much you want to risk for how long?
Would recommend: https://www.uniswaproi.com/ or https://www.zapper.fi/ to keep track.
Would maybe start with a bit less risk like:
- Use ETH to collateralize Dai on Maker (going long eth) https://defisaver.com/ auto secure your vault to always have %210
- Use 1inch to swap with DAI into https://www.curve.fi/susdv2/ (Also activate CHI tokens)
This is a bit safer would start here and then explore more check also:
I Will published some more strategies soon.
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Thanks @amadeobrands the https://defisaver.com looks really cool for protecting your loan with it’s automatic collateral top-up feature.
I’ve decided to go for the strategy partly because I really want to start accumulating all the reward tokens SNX, REN, BAL & CRV.
I’ll add protection to the loan by enabling the feature from defisaver.com and leaving some space eth in the account for it to draw upon.
I know I shouldn’t rush into these things but I find it’s the quickest way to learn by putting some real money on the line 
I’m also using zapper.fi to view the status of the investment which is a really nice touch.
Having looked at the curated list of strategies in the Tier List link you shared one that seems like a safe win is the mStable/USDc one: https://tokenbrice.xyz/posts/2020/yield-farmer-tier-list/#contents:the-50-musd--50-usdc-balancer-pool. Since it’s using all stable coins for the input and still generates BAL and MTA tokens it seems like a safe place to park some of your disposable monthly income maybe (without the worry of the underlying asset changing price) - as long as the profit exceeds the tx fees.
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I just found an article that speaks about ‘initial defi offerings’ here https://defiprime.com/initial-defi-offering
It talks about some of the recent governance tokens from protocols like compound and balancer but also provides release dates for BZRX / box (July 13th) and MTA / mStable coins (15th June).
It also explains some yielding strategy so worth a read
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@amadeobrands hi amadeo thanks for your videos I have a question about starting a hedge fund as a business in the space with 500k investment at the beginning and I have no coding experience how do you suggest I start it and start growing the amount invested?
And I haven’t checked actual active hedge funds in the space could you please guide me what do you think it is that differentiates the good hedge funds and what are some things I can do to grow big?
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Hi
I am looking at arbitrage ideas and think that many of them that existed early on will be hard to implement however there should still be some ongoing opportunities if we look hard enough. When there is a dual coin, a utility and an exchange coin that are a pair there will be arbitrage often. The companies or exchanges that setup this kind of system know that the market will correct the spread. This is one of our opportunities to take advantage of. I am just outlining some code structure for this and hope the rest of the course will help with it.
I also think there will be opportunities between Defi and exchanges like Binance where you can take advantage of spread differences but I need to play a bit more with their API to see if I can make it work the way I intend.
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i found a save ‘bet’ to make use of the compond protocol and earn 10.5%.
i calculated the rewards by providing DAI as stablecoin, the rewards are 0.73 COMP tokens by using the protocol as calculated on www.predictions.exchange
The risk a very low because you are not lending.
second step is to lend again DAI and create a savings account on Aave
Rates for DAI on AAve are :
As long as 6.5% is more then you lend DAI it is a extra profit.
So concluding this strategy will do around 13…15% with a low risk profile.
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