New farm I'm aping into 👀
because of it's transparent points program🔥
+Early, only sitting at 16m TVL
🧵 on @aegis_im 

Twitter

On December 18th, at an important conference chaired by the Prime Minister, Mr. Phan Duc Trung, Chairman of the Vietnam Blockchain Association, gave a direct report on the implementation of the Vietnam Blockchain Network (Viet...).

VNeID begins integrating blockchain technology.

Original article | Odaily Odaily(@OdailyChina)
Author | Asher (@Asher_0210)
On December 17, dingaling, the founder of the prediction market platform predict.fun, announced on the X platform that the platform has been officially launched and airdropped initial points to Meme traders on BNB Chain, Aster participants, and active users of various prediction markets.
Compared to traditional market forecasting firms like Polymarket and Kalshi...

A step-by-step guide to participating in the CZ-supported event predict.fun

Source: ICIJ & CNN

Authors: Ben Dooley, Majlie de Puy Kamp, Curt Devine, Yahya Abou-Ghazala, Kyung Lah, Casey Tolan

Original Title: Retailers keep cashing in on crypto ATMs as scams surge

Compiled and edited by: BitpushNews

---------------...

The "slot machines" hidden in convenience stores are draining Americans' savings.

🔹 Opportunity
• 0.2% of $AEG supply distributed weekly. transparent points program
(0.1% of tokens are distributed to DeFi activities each week)
• Early and only launched on 16th Apr
• ~4% apr
Great to have some yield + early farm while its not as well known

🔹 What is Aegis?
Aegis product offering is bringing you the best of  2 major trends in this cycle ( stablecoins and BTCfi ).
They are a BTC-backed stablecoin protocol, their yield generating stablecoin $YUSD is pegged to $1 via a delta-neutral BTC strategy.
what does this mean? 

🔹 Features of Aegis
• Instant liquidity with no staking/lock-up required to receive yield
• Big on transparency with its open source reserve dashboard + API
• Aegis reserves are held by "off-exchange" custodians

🔹 How Does The Yield Generation Work?
1️⃣ Delta-Neutral Strategy by holding Bitcoin as collateral and selling Bitcoin-margined perpetual ( coin- M futures) contracts simultaneously.
2️⃣ Coin-M Futures: Aegis’s delta-neutral setup holds actual BTC as collateral making it capital 

🔹 Yield Distribution.
1️⃣ You earn yield just by holding YUSD (no lock/stake)
2️⃣ Snapshots are taken every 8 hours
2️⃣  Profit means generation of new $YUSD.
3️⃣ Users can claim their accumulated YUSD rewards every 7 days. 

🔹 Points system
@aegis_im just launched a points campaign that let's users earn a portion of 0.2% of $AEG supply distributed weekly.
You earn yield by holding  $YUSD
+ points (so worst case, you still get yield)
How its earned?
It's epoch 1 so early users gets a 50% boost. 

🔹 Tutorial.
1️⃣  visit- https://app.aegis.im/earn?af=vwmixtnauj (fyi my referral link :)
2️⃣ Connect wallet or sign up
3️⃣ first thing I did was buy $YUSD
4️⃣ then I did the social tasks
5️⃣ last frame is my attempt to add LP on curve finance. 

🔹 My thoughts
in summary i like the point program transparent design and the UX is easy to navigate. I like the fact that the dashboard has an easy swap button when you connect.
hence, dont mind doing this..

I hope u found this insightful or valuable somehow. Feel free to support me on substack, use my referral link, or just come chat with me on Medium Rare. 