Jul 16Member-onlyStaking ETH with Lido or Curve ? A 4-month reportIn a pervious post, I compare putting ETH into Lido’s staking pool and using Curve for yield farming. According to my calculation, staking ETH into Lido should yield 4.3% APR while providing liquidity in Curve should yield 7.01%. I want to know if we can see those yield in the…Lido Finance3 min read
Published in Coinmonks·Jun 17Member-onlyI lost 42% of my investment. My Defi yield farming report for May.Oh boy oh boy, so where do I start. My position was liquidated, twice, in May. In the grand scheme, however, I think I’ve learn more than a few hundred dollars worth of lessons. First, some accounting. At the end of May, here is what I have left.Defi3 min read
Jun 6Introducing MonkeyKing NFT: The dream of building a global toy brand.A few years ago, I took my parents on a trip to Japan and Taiwan. When we got the boarding pass for the Tokyo to Taipei leg, I notice something interesting. The boarding pass has a HelloKitty background printed on it. It didn’t occur to me at the time, but…Nft Collectibles6 min read
May 29Member-onlyHow to setup a LikeCoin validator node (Part 2)In Part 1, we went through how to use Ansible to setup a LikeCoin node and sync with mainnet. Here we will start registering the node to become a validator and start enraging staking reward. At this point, your node should be caught up with the mainnet. To confirm, curl…Likecoin3 min read
May 29Member-onlyHow to setup a LikeCoin validator node (Part 1)LikeCoin is a decentralize publishing protocol. It’s a “create-to-eran” platform. Turning your content creation into crypto currency. Another main innovation is the ISCN (International Standard Content Number) standard. They have largely simplified storing and cataloging content on chain. LikeCoin is a proof-of-stake chain built on the Cosmos SDK. Like other…Likecoin6 min read
May 21Member-onlyCrypto exchanges customer support scam!How a failed transaction got me scammed … almost. I almost fell into a trap and got scammed last week. I want to write this down mostly as a reminder for myself in the future. The story started when I initiated a transaction from a centralized crypto exchange to my cold wallet. I have done a few successful transactions…Crypto4 min read
May 14Member-onlyMy DeFi position was liquidated twice in a weekBy now you all know what happen this past week. UST is currently trading at $0.1 and the value of LUNA has basically been evaporated. In the mean time, SOL also fell by almost 50% since the beginning of the month, while I put 2/3 of my portfolio in a…Defi3 min read
Published in Coinmonks·May 1Member-onlyMy monthly DeFi yield farming results for AprilI have been testing different DeFi strategies. One of those are the leverage yield farming strategies provided by Francium. My plan is to test and update different strategies monthly. Below is my April strategy and results. For April, I opened 3 2x Delta Neutral Yield Farming positions on Francium. …Defi4 min read
Published in Coinmonks·Apr 10Member-onlyCreate your own ERC-20 token on Polygon in 5 minutesLet’s create our own crypto token that can be traded in major DeFi platforms like Uniswap and Sushiswap. It’s super easy and it should take less than 5 minutes. Let’s Go. First thing you need is an Ethereum address. I assume you already have MetaMask plug-in installed in your browser. …Erc 206 min read
Published in Coinmonks·Mar 27Member-onlyBorrow Yield Farming on Francium and TulipLast week I discussed the difference between 3 Leverage Yield Farming Strategies. This time I want to talk about similar strategy that is easier to understand. The Borrow Farming Strategy. The idea is simple. In a trading pair, you start with one side of the trade and you borrow equal…Defi3 min read