DeFi

Is anybody using https://www.tokemak.xyz/?

Autopools autonomously rebalance your LP positions across a set of DEXs and assets, while keeping you composable within DeFi.

Tokemak is my reason for why I simply do not care about any metric for personal defi investments except:

Is the amount of locked stablecoins in your protocol going up or down?

If its going down, you need to sell every token you own in the system and walk away.

I lost money and became a community member

CEO and Founder of $BLEU

Developing infinite memetics AI Agent @elefant


lebleuelefant.com

oof https://defillama.com/protocol/tokemak#tvl-charts

Brother I'm going to tell you this because this is what I would do in Carson's shoes:

Tokemak is now an outlay vehicle to pay the original team a solid $50-200K a year for the rest of their lives in a tax efficient way.

Its a trust fund now.

As an individual, you'll make more money taking your ETH and selling covered calls on Derive, or doing the cryptodollar trade (hold pure ETH and short perps). Holding LSDs are silly and I'm sure that team is smart enough to know "optimizing ETH yield" on LSDs is a fools game.

If smart people are doing something that looks foolish, then usually something else is going on.

But there is a nice inflow of ETH since the second half of last year.