
JACK
METAVERSE DEGENERATE - Bitcoin, ETH, AAVE, ARBITRUM, GMX, GLP, TRX multichain & chain sovereignty🔮
About Me
I am Jack.
I reached financial independence before getting into Cryptocurrency. I did this by building an e-commerce brand for over a decade and then selling it. I've been into the FIRE movement early on (Financial independence, retire early). I've always lived a frugal life and invested in index funds.
I've been in Cryptocurrency since 2013 I entered again in the 2017 Bull Cycle. Built a 7 figure portfolio and saw it crash -90% with Crypto winter.
• I entered DeFi again in late 2020. I built a large portfolio through early investments in BNB, PancakeSwap, Spell, DeFiKingdoms, Luna, and others.(And by taking profits aggressively)It's because of this that I'm interested in being on the edge of DeFi.. I'm one of the founders (METADEGENZ) DeFi Team and with that we all work together as an active team of Web3 Dark Magicians, Community Managers, Project Advisors. BAYC, MAYC, Cryptopunks & Virtual Lands/Assets Collectors.. There's a chance that WAGMI 🚀
What Can I Do For You?
I'm focused on understanding the cutting-edge innovations in Cryptos DeFi,Nfts and Web3 I want to take this research and break it down into easy-to-understand concepts for you to understand.
Everything that I share is backed by the highest quality research. I'm not re-writing content that I find on YouTube.
I read the documentation straight from the source. I try to talk to the team members to go an extra level deeper.I go the extra mile to edit and explain things in a way that's easy for you to understand.I'll keep you updated on "The Current crypto/NFT Market, What is Trending, the Market Psychology, Personal Stories, Interviews, My Crypto Predictions, Happenings in the DeFi world, and Educational Content on NFTs and the Blockchain!"
I will also provide some Alpha on how I thrive in this space, please make sure to use the information I provide as an educational source and you can also contact me personally to give you some insights on what to do or what to buy.. I hope I can help educate my students, more people on the Web3 Crypto Space and even you reading this!
Who are The MetaDegenz?
MetaDegenz was founded by us, a team of degens for degens! As the Ivy League of Web 3, we are one of the top and most battle-tested community out there. From our humble beginnings majorly based off cryptocurrency investment club, we soon became the headquarters for all things NFT and Web 3 after establishing 100s of partnerships with Tier 1 - Tier 3 marketplaces, VCs, as well as the top NFT collections, tools, and platforms. We provide unparalleled value to our community through exclusive early-access to our partners, airdrops, and other benefits, leading to over $3 million+ profit for our members in the past year.
Some of My Investing Philosophies
There are many ways to become profitable in Crypto. Here are some of the things I believe in.
1 Ride the Waves. Spot trends early and hop on them.
2 Risk Management First. Don't use leverage and diversify.
3 Always Take Profits . Don't get too greedy.
4 Master Your Psychology. Understand your own biases and weaknesses.
5 Keep it Simple. Don't try to time the market. Dollar-cost average into it.
A Brief History of Yield Farming
As we established in the intro, modern-day yield farming began in June 2020 with the COMP liquidity mining program.From its launch in September 2019 up to that fateful June, Compound was just another on-chain money market. At that time, few people were on-chain, and even fewer were using protocols like Compound. This, of course, means Compound wasn't attracting much liquidity.The problem with this is that Compound, like all DeFi protocols, needs liquidity like people need air. The more liquidity a protocol has, the more volume it attracts, which in turn increases rewards to liquidity providers, which attracts more liquidity, and on and on it goes.To break out of this cycle, Compound needed to bootstrap some liquidity.Enter COMP liquidity mining.The idea was simple: reward borrowers and lenders on Compound with COMP tokens, which would juice APRs and give people a reason to use the protocol.It worked like a charm.#RealYield#RealYield protocols are protocols where their yields are derived from revenue. Similar to traditional dividend stocks, the more money the protocol earns, the higher the rewards for token holders.#RealYield protocols have been delivering healthy APRs and holding up relatively well price-wise throughout this bear market.But where are the opportunities?#RealYield OpportunitiesDeFi 1.0/2.0 yields were unsustainable because they were reliant on native tokens, #RealYield is sustainable because it's based on revenue, and they have proven themselves during this bear market.Let's now talk about three different protocols you can use to immediately start earning a #RealYield.This will be kept brief for the purposes of this article, but contact me directly for more extensive explanationsGMXGMX is a decentralized exchange on Arbitrum and Avalanche specializing in perpetual futures. On GMX, anybody can come and leverage trade BTC, ETH, UNI, LINK, or AVAX.Users have to pay a small fee to GMX on each trade. With GMX's volume, small fees quickly turn into something much bigger.Of these fees, 70% is given to GLP liquidity providers, and 30% goes to GMX stakers. APRs on Arbitrum is currently at 28.41% for GLP and 21.83% for GMX. On Avalanche, these numbers are 28.63% and 21.84%, respectively. The best part? Rewards are paid in ETH and AVAX.GLP holders receive a bigger slice of the pie because they are the house to the leveraged traders. If traders make money, their rewards are taken from the GLP liquidity pool. This makes GLP riskier than just staking GMX. Fortunately for GLP holders, just like in Vegas, the house always wins. Most traders are unprofitable, meaning GLP holders don't have to worry too much about losing money.CurveX YieldCurveX Yield takes a different road for earning its revenue. Instead of operating completely on-chain like GMX and Umami, CurveX Yield makes its money from real-world entities.The higher-ups at CurveX Yield recognized two things:Institutional borrowers are capital-starved and are willing to pay a high-interest rate for easy access to capital.
People in DeFi are desperate for a sustainable and healthy source of yield.
You can now probably guess where this is going. CurveX Yield connects institutional borrowers with DeFi lenders, enabling both sides to get what they want. The borrowers get the accessible capital they've been searching for, while the lenders get the sustainable yield they desire (currently at 40%, paid out in USDC). Win-win.I'm leaving out some of the details here, but that's the gist of it. If you want to learn more, I highly recommend you contact me directlyLooking AheadThese are but just three examples of #RealYield protocols. The complete list is long and constantly growing as more and more protocols join the fray.Yields and token prices aside, the best thing about the #RealYield trend is that they force protocols to be the best they can be. No longer can protocols just float out an inflationary token and call it a day. Instead, they have to build and continuously improve a product that people actually use, or else they won't generate any revenue.In the world of #RealYield, not having revenue and a sustainable tokenomics model is a death sentence.This only means good things for us, both as yield farmers and protocol users. Not only will we have sustainable yields, but we will have teams building the best projects they can to attract our business.Just as it should be.
Get in touch
if you want to invest to earn real yield in the top DeFi projects or other opportunities right now & enjoy over 40% APR weekly. Contact me directly to know exactly where to start.



