Daily Crypto NewsEDITION #18, 10 November 2021

Yield Duck: We are high like your friend! Edition №18

Hey Moni Maker

Oh... I remember what highs used to be like! You took a bottle of vodka, went to the mountains and there... and there were such beautiful highs.

Crypto is better ofc than any mountain - but sometimes it hurts more to fall. Ha! But why the f@ck should I think about falling when a bull run knocks on the door like the downstairs neighbour you flooded yesterday?!

The guys from Delta.Theta и Moni Talks came to hear Uncle Yield Duck at Farm Milka Ranch again. My followers love my stories...don't they?!

Okay, the market is waiting. Let's walk!

Astrologers have declared a week of highs! Almost everything is at its peak. And bitcoin and defi and market mooood. It's a good time to ape into XRP! *i joke don't do that plzzzzz *

ETH TVL is now the same as the entire DeFi two months ago. That's what the life-giving Bullrun does!

Champ of the Week: Lyra (+171%)

BSC is slowly but surely getting better! But other than squid-scam, there is not much news…

Gainer of the Week: Growth DeFi (+315%)

SOLANA, SOLAAANA, SOLANA, You’re my heart, you’re my SOL.

Beauty of the Week: aSOL (+1988%)

The POLYGON chart is slowly getting a vertical slope. The obvious and the unbelievable!

Consolation of the week: Parrot Defi (+1106%)

AVALANCHE took a little break and only went up by 2 billion. They can't make 2 or 3 X's every week. Now they integrate USDT.

Cool bro: Growth DeFi (+315%)

Ever played gravity defied on a cell phone as a kid? Here's the TVL FANTOM chart - it's like a map on the last level. It took me two months to get through that shit...

Rocket of the week: Hundred finance (+115%)

Projects' News

Lido Finance

In the forum of Lido there was a proposal to increase the number of users of the service (and at the same time amount of Ethereum in the staking) in an original way - to organize a quest on the platform rabbithole. In the course of the quest, they offer to stake at least 0.025 ETH and get 10 Lido as a reward. A great opportunity to "touch" a new project for yourself and compensate for your gas costs.

Solana

On Tuesday, Neon Labs announced a $40 million fundraising round that was led by Jump Capital and that included IDEO CoLab Ventures, Solana Capital, Three Arrows Capital and others.

The company plans to increase the team from 15 to 30 people. They are looking for developers, marketing specialists.

AAVE

Leading DeFi protocol Aave is currently undergoing a community vote to implement V3. According to a recent publication, an update to the V3 protocol is needed to keep pace with the continued growth of the DeFi ecosystem. The Aave V3 proposal emphasizes the growing importance of cross-chain interoperability and a focus on Ethereum Layer 2. Justin Sun seems to have withdrawn his billions early…

@ALL - 5 minutes of global news

For a long time, DeFi remained the Wild West in global capital markets. The peculiarity of smart-contract-based protocols prevented lawmakers or local regulators from regulating the industry and other financial system elements. However, the significant influx of funds into the sector, along with constant hacks, forced officials to look for the fastest way to change the status quo. The global anti-money laundering agency FATF was the first to articulate its position. The most recent press release specifies that all DeFi protocols are the responsibility of either their creators or participants managing through the DAO. Going forward, the same stance will be taken by local authorities. According to this logic, artists should now be responsible for their paintings, just as the makers of cars or weapons are responsible for their products. Oh, Brave New World!

And now I'm going to share some interesting farming ideas with you. I've listed them down into three parts by risk profile: low, medium, and high (IT’S REALLY DANGEROUS).

Even though Delta.Theta did a good analysis, DYOR on your part is necessary! DYOR is a f@cking mask when you walk into a store! You can't go into projects without it! Gooooo!

Low Risk

Stables are good and safe, but Almond can boost them a little.

Medium Risk

Send Cake to a wheat farm, and (maybe) you'll have an abundance.

High Risk

And here we have a very young Kucoin Chain and the first KuSwap DEX on it. Yields do not reflect auto compounding, so it is much higher in reality. But anything young and new is highly unpredictable; in My Humble Opinion

Anyway, if you lose the money, don't even think about coming to my ranch. I'll cut your ass off and you won't be able to sit in crypto anymore. All right, I'm kidding. I'm gonna go finish my milk and go to sleep.

Follow my homies everywhere. Otherwise, there won't be any more digests!

Delta.Theta: Twitter and Telegram.

Moni Talks: Twitter and Telegram. And leave your feedback in the chat. If you don't, I'll shoot you in the face. See, farmer.