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Backlash Profile
Backlash

@backlash_fi

10,238
Followers
2
Following
49
Media
1,782
Statuses

Building @246_club

Don't wanna be here? Send us removal request.
Pinned Tweet
@backlash_fi
Backlash
1 month
Join us
@246_club
244466666
1 month
Delighted to have you join,
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@backlash_fi
Backlash
1 year
Our litepaper is now available!⚙️ Summary 🧵👇🏻
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@backlash_fi
Backlash
4 months
Yes it is coming soon
@Glovin_
Glovin
4 months
Yes it is coming soon
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@backlash_fi
Backlash
10 months
Taking a brief hiatus, we're hitting pause on the project for a few months - To those eager to continue this journey with us regardless, your patience is immensely appreciated. When we resume, our goal is to reboot with a vibrant, dedicated community at the heart of it all.
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@backlash_fi
Backlash
1 year
Hello guys. We are really grateful for all of your interest today! 🙏 Unfortunately, due to high traffic, our bot is having some hard times.😢 Please wait patiently for the reply; it will be back ASAP. #Backlash ⚙️
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@backlash_fi
Backlash
1 year
Fyi; you already have the points if you have received the following reply! " Welcome on board! Hurry up and pick up your 7 points! Tag your friends and claim more points. " We really appreciate all of you folks!🩶⚙️🩶
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@backlash_fi
Backlash
1 year
Announcing the launch of Backlash Discord🎉 We are ready to welcome our earliest Community Members as we together build out the infrastructure of Defi’s Loan Derivatives. Come on board, and Gear Up. It’s about to get interesting.⚙️ #Backlash #Discord
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@backlash_fi
Backlash
1 year
After extensive user interview and research, we've made the decision to pivot directly to V2. While V1 was close to launch, we recognized gaps that needed addressing to truly serve our users. Although we explored current trends like isolation and customizability, our renewed
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@backlash_fi
Backlash
1 year
It was a big day today! 🥈Tier 2 waitlist has ended! 🥉Tier 3 waitlist was supposed to accommodate 1000 people; however, with everyone's eruptive interest, we are changing our plan to 1500 people!🔥 Join your tier 3 waitlist now!⚙️
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@backlash_fi
Backlash
1 year
Dear waitlisters Make sure to follow us. Thank you. Sincerely, #Backlash ⚙️
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@backlash_fi
Backlash
1 year
8⚙️⚙️
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@backlash_fi
Backlash
1 year
Should we drop more points to waitlisters to adjust point value units?
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@backlash_fi
Backlash
1 year
Messages sent to all successful applicants! For those who haven't received it yet, regrettably, we can't accommodate you this time. But as we grow, future chances may arise! If you're keen on some feedback, just hit us up. Seriously, big thanks to each and every one of you 🩶
@backlash_fi
Backlash
1 year
Application is closed! We greatly appreciate everyone who submitted applications for the contributor role. Anticipate a DM from us shortly. Although we may not be able to engage everyone, but for those who stepped forward, your efforts are deeply appreciated. Thank you 🩶⚙️🩶
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@backlash_fi
Backlash
1 year
1️⃣⚙️⚙️⚙️
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@backlash_fi
Backlash
1 year
🚨$GHO Short Position (Borrowing Position) Risk Analysis 🚨 If you've minted GHO on @AaveAave , especially if you've opened a leveraged position with GHO debt, or know someone who has, this is a must-read.
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@backlash_fi
Backlash
1 year
Here is the new link for community contributor application! We didn't expect to have this much of a demand 😂😂 Thank you all again everyone 🩶
@backlash_fi
Backlash
1 year
We're thrilled that 50+ people have expressed interest in becoming contributors! We're seeking bright members ready to grow our community from the ground up⚙️ 13 questions, but only 4 mandatory - feel free to tackle the rest as you see fit!
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@backlash_fi
Backlash
11 months
GM ⚙️ It’s been a long time since we made a public announcement. After pivoting our direction, it took us some time to decide how community could be aligned with the new version of backlash. As the First step, We will introduce and share interest rate arbitrage
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@backlash_fi
Backlash
1 year
NEWEST EP, BACKLOOP by BACKLASH OUT NOW. Check out on our official discord server. Try it, and leave simple feedback for us, you can redeem your Backloop poap. 👇👇👇👇👇👇👇👇👇
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@backlash_fi
Backlash
1 year
Introducing Backloop, the first product of the Backlash project; a tool for streamlined 'leveraged lending farming’. #Backlash #Backloop #sDAI #GHO
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@backlash_fi
Backlash
1 year
Sorry for the delay everyone! Reply to this tweet if we missed you! And again, thank you so much 🩶⚙️🩶
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@backlash_fi
Backlash
1 year
We're thrilled that 50+ people have expressed interest in becoming contributors! We're seeking bright members ready to grow our community from the ground up⚙️ 13 questions, but only 4 mandatory - feel free to tackle the rest as you see fit!
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@backlash_fi
Backlash
1 year
Waiting for our @poapxyz for the first 100 users to be approved
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@backlash_fi
Backlash
1 year
Application is closed! We greatly appreciate everyone who submitted applications for the contributor role. Anticipate a DM from us shortly. Although we may not be able to engage everyone, but for those who stepped forward, your efforts are deeply appreciated. Thank you 🩶⚙️🩶
@backlash_fi
Backlash
1 year
Here is the new link for community contributor application! We didn't expect to have this much of a demand 😂😂 Thank you all again everyone 🩶
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@backlash_fi
Backlash
1 year
晚上好
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@backlash_fi
Backlash
1 year
Why are we so obsessed with bond acquisition? What's the real potential ? A piece of our masterplan : ⚙️🧵
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@backlash_fi
Backlash
1 year
Our Tier 1 waitlist has been completed!🔥 But don't be upset; we still have plenty of seats on our cruise! Join tier 2 waitlist now, and don't miss out on anything anymore.⚙️ #Backlash
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@backlash_fi
Backlash
1 year
Big news! ⚙️ We will host Discord👏exclusive👏 AMA on Friday at UTC 3pm. We will feature different topics to answer your questions on the stage channel of our discord server. Make sure to join AMA, non-fungible rewards may be waiting for you..🫢
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@backlash_fi
Backlash
1 year
Right here right now
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@backlash_fi
Backlash
1 year
Radiant Capitial Exposed. Researched & Written by Backlash team #Backlash #Backloop
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@backlash_fi
Backlash
1 year
Revealing the number of users we reached within ONLY 30 minutes of launch
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@backlash_fi
Backlash
1 year
Fixed!
@backlash_fi
Backlash
1 year
Hello guys. We are really grateful for all of your interest today! 🙏 Unfortunately, due to high traffic, our bot is having some hard times.😢 Please wait patiently for the reply; it will be back ASAP. #Backlash ⚙️
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@backlash_fi
Backlash
4 months
Little update :
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@backlash_fi
Backlash
1 year
🩶⚙️🩶
@0xtrospe
0xtrospe
1 year
couple days ago i discovered @hotnewcrypto . quickly became one of my fav twitter accounts and oh man that telegram is on spot! thanks to them i got to discover @backlash_fi under 60 followers and got on WL 1 if you wanna be early everything gib a follow and thank me later 🤝👽
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@backlash_fi
Backlash
11 months
◦ Stablecoins experience a decreased deposition volume while concurrently displaying a higher borrowing rate on most platforms.
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@backlash_fi
Backlash
2 months
Welcome to the new chapter of Backlash
@246_club
244466666
2 months
Welcome, is this your first time?
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@backlash_fi
Backlash
1 year
The past 2 days of Backloop’s discord exclusive phase have ended, and Backloop by Backlash is finally out now! 🔥🔥 For new updates on APY and risks, check out the posts below👇 #Backlash #Backloop #sDAI #GHO
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@backlash_fi
Backlash
1 year
Closing in a few hours ⌛️⌛️⌛️
@backlash_fi
Backlash
1 year
Here is the new link for community contributor application! We didn't expect to have this much of a demand 😂😂 Thank you all again everyone 🩶
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@backlash_fi
Backlash
1 year
For those who are dealing with similar issues🔨 You can tag your favorite DeFi experts on Twitter.
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@backlash_fi
Backlash
11 months
GM⚙️ We have posted interest rate arbitrages/strategies on our Discord server for the past few days. Here is our weekly recap of what we have presented and the insight we gained. To check the strategies, join our discord server here👇
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@backlash_fi
Backlash
1 year
🔥🔥
@C4dotgg
C4gg
1 year
[Threads/Reads] @DefiMann on market data and thoughts @Castle_Cap analysis on @Arbitrum DAO Airdrops after 2 months 🚀 Launches @steerprotocol live on Optimism @SavvyDeFi live on Arbitrum @ConicFinance ETH Omnipools maybe today on Eth 💎 New Projects @backlash_fi @EonianFinance
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@backlash_fi
Backlash
1 year
We wish we had a server problem too
@Smartecio
SmartecVitalik
1 year
Bullllishhhhhh on @tipcoineth . The traffic is crazy. You guys are amazing. Welcome to the future of socialfi
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@backlash_fi
Backlash
1 year
Tier 1 Waitlist #Backlash
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@backlash_fi
Backlash
11 months
◦ The majority of tokens have a larger volume of deposition compared to stablecoins.
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@backlash_fi
Backlash
1 year
Grand opening to the professional-level Backloop mute button design contest Currently, Backloop does not have a music mute button on its page. The Backlash team has come up with some brilliant designs however we want to share the opportunity with you guys to be part of our
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@backlash_fi
Backlash
1 year
and GHO's growth was mainly driven by leveraging yield bearing assets as collateral and GHO as a debt. Max Leverage ratio / APYs Based on our formula (sans slippage / depeg) : ▶️ wstETH 4.65x -> 11.29% ▶️ rETH 3.9x -> 8.42% ▶️ sDAI 4.3x -> 16.55%
@backlash_fi
Backlash
1 year
The total deposit amount can be also calculated through a formula:
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@backlash_fi
Backlash
1 year
Greetings to everyone I met during ETH SEOUL & BUILD ASIA⚙️ We appreciate everyone for joining our journey. To be worth your time and effort, we are shifting up our gears to max speed.🏎️ Hold tight; we will be reaching out in a short while.🩶 #Backlash #EthSeoul #BuildAsia
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@backlash_fi
Backlash
1 year
it's us
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@backlash_fi
Backlash
1 year
[ Net APY risk 1/4 ] The majority of GHO's collateral, around 31%, consists of wstETH, followed by wETH and wBTC. After that, we've got rETH and sDAI contributing 6.7% and 6.3%, respectively.
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@backlash_fi
Backlash
4 months
Stay tuned sers 🫡
@madiha_right
Madiha
4 months
15/ Our team at @backlash_fi is building @246_club that will bring a new primitive to lending space leveraging Aave’s deep liquidity while maintaining a symbiotic relationship with Aave what we consider as the base layer. Stay tuned if you want to know more!
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@backlash_fi
Backlash
1 year
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@backlash_fi
Backlash
1 year
The net APY derived from borrowing GHO at Max LTV with each yield bearing asset as collateral is as follows : ▶️ wstETH : 2.43% ▶️ rETH : 2.16% ▶️ sDAI: 3.85% Formula 👇
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@backlash_fi
Backlash
1 year
Try it
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@backlash_fi
Backlash
1 year
A few hours ago, a proposal was passed to increase GHO's borrowing rate from 1.5% -> 2.5%, and as of the time of this post, this will be reflected in 9 hours.
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@backlash_fi
Backlash
1 year
Click on the disc to enter
@Christian_0T
chris义 $LIZ
1 year
@backlash_fi Love the chill music on the website 😁
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@backlash_fi
Backlash
3 months
We’re at @EthCC let’s connect
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@backlash_fi
Backlash
1 year
D-DAY in 30 minutes⚙️⚙️⚙️
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@backlash_fi
Backlash
1 year
How Backlash redefined Defi loan derivatives.⚙️ Thread🧵 #Backlash #DeFi #loanderivatives
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@backlash_fi
Backlash
1 year
3/ Bond Liquidity Pool (BLP) compensates the interest on the deposited collateral at a rate higher than the original lending protocol. The BLP offers near-fixed borrow interest rates & dynamic deposit yield based on utilization. Yes, more gains for you! 💰
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@backlash_fi
Backlash
1 year
There you go!
@JongBriller
BRILLER JONG
1 year
@backlash_fi monopolization is about to end 🤝
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@backlash_fi
Backlash
1 year
Since the 16th day of the proposal's introduction, about 1 million GHOs have been redeemed. The borrowers does not seem to be reacting very elastically to the impending increase in GHO's borrowing rate, but that could change once it's implemented.
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@backlash_fi
Backlash
1 year
Sorry if we missed any of your inquiries earlier! Our DMs are now open for all your questions, feedback, and if you're interested in user interviews, or simply just want to say hello. Can't wait to chat with y'all :)
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@backlash_fi
Backlash
1 year
2/ Bonds redefined - Where protocols like Aave don't support direct bond acquisition, Backlash acquires the lender's rights by repaying the debt and migrating the loan to our protocol. Essentially, we’re buying bonds! 💡
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@backlash_fi
Backlash
1 year
Find out your defi personality! Questions are as easy as " Mc Donalds vs Burger king "
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@backlash_fi
Backlash
1 year
Come and find out your lending/borrowing personality? 3 mins long (I got DALS ) Link 👇 #Backlash #Backloop
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@backlash_fi
Backlash
1 year
Apologies for the inconvenience! Our invite link is now updated ⚙️
@backlash_fi
Backlash
1 year
Right here right now
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@backlash_fi
Backlash
1 year
Future of bonds and loan derivatives. Thread🧵 #bond #loan #DeFi #FinancialInnovation #Backlash
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@backlash_fi
Backlash
1 year
🫡🫡
@hotnewcrypto
hotnewcrypto.com
1 year
ALPHA LEAK Alright peeps, You will find downwards a lot of early-stage projects that ticked our radars 📠 They will be listed from oldest to earliest (which mean the earliest are the ones at the end of the tweet) Have fun but as always, DYOR. We will never be sponsored. Act
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@backlash_fi
Backlash
1 year
Out 1000th follower @Segxzz 🫡
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@backlash_fi
Backlash
3 months
✌🏻✋🏻
@Glovin_
Glovin
3 months
Published two papers on IPFS and I already can't wait to share these soon at @246_club
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@backlash_fi
Backlash
1 year
One-Click sDAI <> GHO flash leverager is now available on our discord. Want to check out what 3.8x leveraging looks like? Try, leave feedback, and get yourself a poap! Join our official Backlash Discord server here👇 #Backlash #Backloop #GHO #sDAI
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@backlash_fi
Backlash
1 year
Now, if Aave's borrowing rate inches up from 1.5% to 2.5%, here's how the net APY would adjust: ▶️wstETH 11.29% -> 7.57 ▶️rETH 8.42% -> 5.49 ▶️sDAI 16.94 -> 13.02
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@backlash_fi
Backlash
1 year
GM GN to all the active followers rn Plz Let us know if it's a good timing to announce smtg Plz Let us know if it's a good timing to announce smtg Plz Let us know if it's a good timing to announce smtg Plz Let us know if it's a good timing to announce smtg Plz Let us know
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@backlash_fi
Backlash
1 year
Although using our sDAI leverager is not eligible for airdrops, but it is enough to take advantage of sDAI's stable and attractive APY!
@hexonaut
Sam MacPherson
1 year
Still quite a good yield on ETH market + you get the SPK airdrop.
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@backlash_fi
Backlash
1 year
Until everyone knows the joy of music
@Christian_0T
chris义 $LIZ
1 year
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@backlash_fi
Backlash
11 months
➡️Most stablecoins have a high supply interest on most lending protocols.
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@backlash_fi
Backlash
1 year
Bluechip, a stablecoin risk analysis team, suggests that the sDAI<>GHO position, which maintains an attractive APY, will likely continue to remain as a driving force behind GHO's selling pressure despite the rising borrowing rate. 👇
@bluechip_org
Bluechip
1 year
6/ Users are taking advantage of this low rate with the leveraged sDAI strategy. Here, users deposit $DAI into @MakerDAO to earn 5%, borrow $GHO at 2.5% against the deposit, swap GHO for more DAI, and repeat the loop multiple times. This further increases sell pressure on GHO.
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@backlash_fi
Backlash
1 year
Ready to give it a shot? Comment below - If this thread hits 100 comments, we'll turn off the fee switch. Let's make it happen!
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@backlash_fi
Backlash
1 year
GHO with sDAI as collateral -> Yield bearing stablecoin that earns 3.85% interest. ( 5 - (1.5 x 77%) And you could boost it up to 15% using Backloop
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@backlash_fi
Backlash
1 year
[ Liquidation risk 2/4 ] The most important and most directly damaging risk, liquidation, will not occur with an increase in the price of GHO, as the price of GHO is fixed at $1 on Aave Oracle. However, liquidation is still a possibility with volatile assets like wETH and wBTC.
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@backlash_fi
Backlash
1 year
1/ The liquidation profits from existing lending protocol were traditionally monopolized by the platform. We're here to shake up 🌪️ that status quo.
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@backlash_fi
Backlash
1 year
Buenos días!
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@backlash_fi
Backlash
1 year
One account, which accounted for around 400K of this, was a sDAI collateralized position, but this is still too vague to conclude that even the safest and highest yielding sDAI collateralized positions will cascade redemptions, or vice versa.
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@backlash_fi
Backlash
1 year
For DAI, with sDAI #Backloop 🫡
@hexonaut
Sam MacPherson
1 year
Savings DAI passes the 1b mark 📈 Spark Debt Ceiling increased to 400m 📈 DAI Supply back above 5.5b and still climbing 📈 LFG 🚀
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@backlash_fi
Backlash
1 year
Thus, Net APY, which will dip with the increased borrow rate, could prompt borrowers to close positions. However, as for sDAI, a stable collateral<>debt combo, an APY north of 10% could still hold appeal for borrowers.
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@backlash_fi
Backlash
1 year
Build on top of @backlash_fi and take advantage of existing money market infrastructure to make your innovative ideas a reality. 💫
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@backlash_fi
Backlash
1 year
$GHO does not currently have a PSM, so the main scenario that could bring GHO to peg is if borrowers repay their GHO debt -> borrowers re-purchasing GHO to repay their debt -> increasing the demand and thus the price of GHO. Better explanation 👇
@bluechip_org
Bluechip
1 year
7/ $GHO's stability also relies on users buying $GHO below peg and selling it for $1. However, GHO buyers cannot redeem it for the underlying collateral. The only way they can exit is via on-chain liquidity pools. Without redemptions, users cannot engage in arbitrage.
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@backlash_fi
Backlash
1 year
Before diving into Backloop, a tip: Open a position with a wallet without any live position on Aave V3. Mixing loan positions with conflicting health factors can complicate closing your leverage.
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@backlash_fi
Backlash
1 year
For any other concerns: Whether it’s safe to connect wallet / Approval transaction, please refer to the docs:
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@backlash_fi
Backlash
11 months
How familiar are you guys with lending strategies?
None
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Only when it pops up
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Following up new strategy
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I am the strategist
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@backlash_fi
Backlash
1 year
Good news: GHO and the DAI underlying sDAI are both pegged to $1. This makes the position safer from the 80% liquidation threshold, especially when compared to volatile debt-collateral pairs.
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@backlash_fi
Backlash
1 year
NEW EP BACKLOOP by BACKLASH D-2 Tracklist: - sDAI < > GHO - Flash leverage - 3.9x multiplier #Backlash #Backloop #sDAI #GHO
@backlash_fi
Backlash
1 year
Introducing Backloop, the first product of the Backlash project; a tool for streamlined 'leveraged lending farming’. #Backlash #Backloop #sDAI #GHO
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@backlash_fi
Backlash
1 year
What Made Aave Liquidity Protocol Different from Others. Thread🧵 #AAVE #DeFi #liquidity #Bond
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@backlash_fi
Backlash
1 year
⚙️/ That's a wrap. For more in-depth insights, our comprehensive litepaper is your go-to guide. Stay tuned for more updates. Welcome aboard pit crews!
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@backlash_fi
Backlash
1 year
Flash leverage sure does sound promising, but let’s not rush. We haven’t considered the risks of it yet.
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@backlash_fi
Backlash
1 year
Will backloop make it?
@PendleIntern
Pendle Intern
1 year
DSR utilization% has crept up slightly from 24% to 28% Still a fair distance away from the 35% threshold which is when the ESDR for sDAI permanently drops to ~4.3% APY
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