My understanding (dumb, incomplete) is there are three sensible ways to make money in DeFi and then a bunch of “other stuff”. All the sensible ways are providing a service/compensation for risk.https://twitter.com/quantian1/status/1405173556317769733 …
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For all of these you can additionally earn governance tokens for participating, which confer voting rights (and sometimes other benefits) and could be valuable because of that. Usually the price of governance tokens is super volatile though.
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Most of the “other stuff” is variations on the above, usually by adding extra risk or extra leverage.
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Finally, and hopefully this is obvious so goes without saying, you can do all of the above but put it in THE TRANSMUTER.
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Someone who knows this please come and correct me
@TheStalwart@SBF_Alameda@AlamedaTrabucco@EvgenyGaevoy@0xElm0@roshunpatel@aaronlammer@tackettzane@dfauchierShow this thread
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