ETH price

WEEKEND MATH The @protocol_fx BTC basis trade trumps the wstETH basis trade BY A FACTOR OF THREE. The wstETH Basis Trade: ► Long wstETH ► 2x Short notional wstETH value in ETH Example: $10,000 wstETH: +2.8% APR (+$280) $5,000 Margin 2x Leverage: +5% APR (+$250) Principal: $15,000 Yearly Yield: $530 Effective APR: 3.5% Delta Neutral The f(x) BTC Basis Trade ► 2x Long BTC (no funding / no interest) ► 2x Short BTC (+20%) Example: $7,500 Margin 2x Long: 0% APR (+0) $7,500 Margin 2x Short: +20% APR (+$1,500) Principal: $15,000 Yearly Yield: $$1,500 Effective APR: 10% Delta Neutral Notes: ➢ ETH Funding Rate is averaging 2.5%, at 2x leverage, that's 5% on the principal. ➢ Likewise, BTC funding is averaging 10%, at 2x leverage, that's 20% on the principal. ➢ There is a ONE TIME 0.3% fee on the notional to open and a 0.1% fee on the notional to close on f(x). At 2x Leverage, that's 0.8% on the principal for entry and close. At 10% APR, that would take 15 days before being all profits.

Yesterday, when $pope was released, I happened to be out, narrowly avoiding a loss. I checked the wallets I follow, and everyone who got in lost money—none made a profit. This is because they kept withdrawing from the single-sided pool, so I wasn’t interested in joining. A few days ago, I kept seeing people posting about the $jager airdrop but didn’t pay much attention. It wasn’t until yesterday when someone asked me if I had joined the LP that I decided to take a look. They spent 1.3 $bnb and could earn 40-50u in daily returns, which piqued my interest. After researching it carefully, I found there are currently three ways to play: claim the airdrop, hold for dividends, or earn LP rewards. **Airdrop** The Bnbchain, Sol, and ETH chains are all eligible. The more requirements you meet, the more tokens you get. When claiming, there are two options: unlock immediately to get 65%, or wait 72 hours to claim 100% and receive additional dividends from the tokens of those who chose the 60% option. The more people who claim, the fewer dividends others will receive, so choosing to claim now is somewhat disadvantageous. **Bnbchain Requirements:** - Trade over 1000u on PancakeSwap - Trade over 50u on the Fourmeme internal market - Have a Bnb chain balance exceeding 0.05b - Hold more than 150 $tst tokens - Hold more than 200 Mubarak tokens **Sol Requirements:** - Trade over 50u on Pumpfun’s internal market - Trade over 5000u on Raydium - Hold at least 1 $trump token **ETH Requirements:** - Hold more than 1.55 million $pepe tokens **Dividends** No staking is required. Just keep the airdropped tokens in your wallet and ensure you have at least 14.6 million tokens. Rewards are distributed every 10 minutes. These rewards come from the 10% buy and 10% sell tax on $jager transactions, with 50% of the tax revenue used for dividends. **LP Rewards** LP rewards require a 14-day lock-up period, during which withdrawals are not allowed. The rewards come from the 60% of unclaimed tokens from the immediate unlock airdrop option, as well as all unclaimed airdrop tokens. This means that the airdrop claim period is 7 days, and on the 8th day, LP rewards will peak. LP rewards are released linearly and are not locked. **Why am I suddenly interested in this?** 1. It’s been a long time since anything interesting came out on Bnbchain. 2. I tweeted the other day hoping for a dividend platform reminiscent of the peak period in 2021, and this seems somewhat similar. However, there’s some risk involved. If you use the airdropped tokens to join the LP, it’s fine, but if you buy tokens to join, there’s a risk of token depreciation. If you’re unsure, just stick to claiming the airdrop.

Daily runners are fun for quick cash but looking back I’ve made most my money by holding All my bags from previous months are pumping $COCORO just printed a new ATH

Daily runners are fun for quick cash but looking back I’ve made most my money by holding All my bags from previous months are pumping $COCORO just printed a new ATH

distinguished KaitoAI Yappers ： If you’re active on @KaitoAI @ethos_network @base and @HyperliquidX , comment below. I’ll follow everyone, let’s support each other. 🤝🏽 support Punks Club!！@grok