13
@Ikebillion_
IkeBillion.eth
Skipped detailed analysis: Personal account of a Growth & Comms Lead; individual role at a company, not a project/protocol/token itself.
AI Analysisneutral
Confidence
30%
Skipped detailed analysis: Personal account of a Growth & Comms Lead; individual role at a company, not a project/protocol/token itself.
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.@PharosWatch has more stablecoin data than all other stablecoin data providers combined. Let that sink in.
I have been paying closer attention to @protocol_fx lately as its supply continues to climb.
Here are the three yield opportunities I am currently watching:
1. fxSave
Auto-compounding stablecoin vault with $43M already deposited. Current APY sits at 6.97%.
2. fxUSD Agentic Stablecoin Vault on @Morpho
This is the one I am most focused on right now. $351.9K deposited with $182.41K in available liquidity, offering 9.47% net APY on @base.
Still early enough that the yield is at its most attractive. I am looking to grow my exposure on Base and this vault sits right in the middle of where I think the agents meta is heading.
3. USDC/fxUSD Curve Pool
$7.7M in TVL with an APR range of 4.11% to 10.12%.
If I missed any worth watching, drop them below.
I just donated to four projects on @Giveth. Two days left in the QF round and 500 ETH in matching still on the table.
Here is where I put my money and why.
1. @PharosWatch was my biggest donation. Pharos is bigger than just me or @TokenBrice. It is the future of stablecoin risk analysis and transparency. Donating here is me putting skin in the game for a safer stablecoin industry.
2. @defiscan_info shares a similar vision to Pharos but focused on protocols, assessing and monitoring the maturity and risks of DeFi protocols to foster transparency and security. If we want a safer stablecoin industry, we need to understand what is happening deep inside each protocol. DeFiScan is doing that work.
3. @RevokeCash because in a market where getting drained has become routine, managing your token approvals across 100 plus networks is not optional anymore. If you have ever been exploited, you already know why this exists.
4. @SEAL_911 because I came across a story narrated by @TrustlessState that made me go deeper into what SEAL 911 actually does. They deserve to be known for it. If you have not read that thread, find it here https://t.co/rw1AIJmNVq.
Every donation I made was tied to something I could genuinely connect with. Security infrastructure does not build itself and it does not fund itself either.
If you believe in a safer DeFi and stablecoin industry, the QF round is still live for two more days. Here is how to participate:
1. Visit https://t.co/g4SnX3dVLb
2. Connect your wallet
3. Complete the human verification
4. Search for the projects you want to support, add to cart.
5. Select your amount, and confirm.
Two days left. Let's play our part.
I have been tracking BOLD by @LiquityProtocol and I don't think people have clocked what the rate mechanic actually unlocks.
Most protocols set your rate for you. BOLD doesn't. You set it. And because you set it, you can set it low. rETH at 0.5%. wstETH at 1%. ETH at 3%.
Not an algorithm. Not a governance vote. You.
@DeFiSaver lets you visualize this with its discovery dashboard. $500k wstETH, $250k debt. Liquity V2 with BOLD: +4.20% net APY. The next best venue on mainnet: +1.96%. Same collateral, same debt. The rate is the entire gap.
That rate doesn't disappear. 75% of whatever borrowers pay flows directly to Stability Pool holders. Borrow cheap on one side, earn 7.46% APY on the other. The same mechanic that benefits the borrower is what funds the yield BOLD holders collect.
Supply is up 10% in the last 30 days. Still only $34.87M. The design is ahead of where the market has it priced.
Dashboard ss credits: @SamExotic3 🫡
Tom Wan recently listed the top OFT tokens still standing after the Chainlink migration wave. USDe, thBILL, USDT0, and weETH made the cut. frxUSD by @fraxfinance was not on the list. I pulled the data to see how they actually compare.
I ran all three through @PharosWatch compare tool.
frxUSD scores B at 74/100. USDe and thBILL both sit at B- with 68 and 69 respectively. But the gap runs deeper than the headline score. USDe holds an F in Resilience and a D in Decentralization. thBILL holds an F in Decentralization and publishes zero proof of reserves. frxUSD has no F across any category.
Then I looked at yield. I did the math on $10,000 invested for one year.
At USDe's current rate, sitting 0.70% below the T-bill benchmark, you end the year at $10,285. At thBILL's 3.75% APY, you close at $10,375. At frxUSD's 10.06% APY, you end at $11,006.
That is $631 more than thBILL and $721 more than USDe on the same capital.
And that 10.06% is not the ceiling. frxUSD has additional yield opportunities on @Morpho and the recently launched pool with @Eva_Markets on Curve, which has already crossed $1M in TVL. The yield routes are expanding, not static.
frxUSD also uses OFT, but not the way most projects do. It runs its own DVN and its own libraries that no external entity can upgrade, on a 3/3 DVN consensus policy moving to 5/5 soon.
The OFT landscape has more depth than the headline list suggests. frxUSD is worth adding to the conversation.
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