New Avalanche Projects and Ecosystem Overview

Transcript

[Music] d5 slate team [Music] it's your boy andy and welcome back to the defy slate youtube channel smash the like button on this video that really helps us out and sit back and enjoy the content thank you very much y'all welcome to the avalanche ecosystem overview walkthrough we're going to go over everything you need to know about avalanche ecosystem it is absolutely going crazy right now i mean crazy avalanche is hitting all-time highs it's been amazing to see that um just absolutely pumping um just seeing a lot of just activity new wallets new users um new just everything

on avalanche so let's go over um what we can see on avalanche what i'm looking at the place that i'm making some of the farms that we're in and kind of what we think is going to be doing well um there is going to be some rated r content on this i don't mean anything sexual or anything crazy but we're going to get into some pretty degen plays specifically one of them um and so i want you guys to take that i'll make sure that i let you know that we're getting to the dj and play when we get there i think it's got huge potential but you never know with those type of plays so let's get right into it guys and go over the avalanche ecosystem alrighty so we're looking at uni whales dot io super sick website shows you all sorts of bridge tracking from all sorts

of ecosystems today we're looking at avalanche and we are just seeing an absolute steady rise here since the end of october in the amount of bridging that is happening this is total bridge transactions and we're seeing again a steady rise from the beginning of the month in terms of deposits so a lot of these bridge transactions are indeed deposits and you can see here on the net flow daily that all of these are pretty much majority green except for this one and this one um this one looks pretty close to being half right and so we're seeing a lot of deposits into avalanche one large withdrawal you know at times you see these large whale wallets withdrawal but

really we're seeing a lot of deposits um and as you can see um this is this is showing the amount of total deposits and total withdrawals um on avalanche this is just in the last 15 days if you would like to expand it to 60 days we can probably see that there's been an absolute enormous amount of growth over this past time we're seeing just a lot of green come in more green than red and even now we're seeing this this you know if you had a trend line here it's breaking up as avalanche breaks new all-time highs and we're seeing more bridging than we have in the past so this is the

last 60 days and avalanche is getting bridge too why is avalanche getting bridge too well here's why guys you come to yield yak and you can just get pretty solid rates on things like avax single asset 25 25 percent 21 23 36 percent 70 right so we're seeing on yield yet guys all you need to do to access yield yak and to use yield yak is go ahead and head over to the platform um whichever one it is figure out the tokens that you need joe and avax you can literally press get lp tokens and it'll bring you right to the

lp position and you go ahead and add avex and joe if you don't have avax and joe you're going to want to basically trade for one of the two you know so once you go over the bridge which i'll post a link to in the description to make sure you guys have that um you can you know we have a tutorial on how to use a bridge you basically just swap get 50 50 of each pool or of each token supply the liquidity and come back and deposit here on yield yak so guys yodiak is super interesting it has a lot of great farms and honestly this is why a lot of people are coming over to avalanche because we are seeing this type of action with yield yak and other platforms so this is avalanche yoyak i would continue

to check it out marker is a really good site as well to find farms it pretty much tells you what is happening on yield yak um so you know there's quite a few farms here that are available for you um you know from d-gen all the way to you know more safe and sound a lot of these are just really solid yields guys and i think they're worth it you know i think it's it's a decent place to be using your d5 capital especially with the low fees and quick transactions so marker kind of shows us that we're seeing rapid amounts of liquidity hit the avalanche ecosystem over the last you know few weeks and it's going to keep on growing i think so yeah avalanche is definitely continuous um

in terms of growth and i'm i'm definitely excited to see you know where we go so let's get to the d-gen stuff guys let's absolutely do it so we're going to start with the less djinn stuff which is wonderland.money so wonderland.money guys is an algorithmic oh olympus dow fork it's an algorithmic reserve currency is kind of what they call it and as you saw on marker there was a really large amount of apy that was hitting it off of it i think it might be dot phi is that it no okay

hey here we go so enter app so this is the app guys and basically you can get time on um on trader joe and you can stake it here into this and earn this apy now this is not the apy that you'll be getting you get a smaller apy based on the amount that you stake so what you need to do is you need to get time from trader joe so you can trade for time it's on here right time and then you can once you buy it all you have to do is connect your wallet and go to the stake tab and stake it now you know i'm not saying that you should definitely do this or anything

you know obviously we're seeing some pretty massive growth in terms of of time um let's see if it's not showing up here for some reason but um yeah it's uh it's been up at about ten thousand now ten thousand dollars for one time obviously it started at like you know less than less than a few hundred or whatever it is oops uh okay maybe it's not on kick tools either oops um um now these are all just sites that you guys can use to see um different types of token charts especially in the advance or the avalanche ecosystem

so yeah as you guys can see time is already up quite a bit and so guys imagine if you rode this while you were earning that yield it would be insane right so um yeah this is something that i think could sustain itself for a while i don't know what the price is going to do i don't know if it's going to go super high or what's going to happen but i think it'll stay somewhat steady as a lot of people aren't selling this you know people just don't want to sell um so i you know i think i i think it's definitely something to keep in mind um and try out this is about half dgen i would consider it guys um you know this is definitely something that it is sketchy um but let's get to the fully degen stuff right now and

let's go for over over to snowbank snowbank is a brand new ohm fork it is offering an apy that is um doesn't even fit in the screen so it's absolutely absurd but the apy is um it's had an insane pump um already over the last few days just absolutely absurd just just quick really quick pump in the thousands and all the way up to about 8 000. so basically did what time did in you know a few hours you know it took time a few a few weeks but the apy is much higher and it's basically like a ramped up version of this so what you need to do to get sb is you need mim so you can get mim which is a stable coin magic internet money you trade it for sb

and then you come here and you go to the state tab again um and and then you can just stake your um your sb tokens here in the state tab so you can see that every eight hours you're gonna get four percent yield and then every five days you're looking to about double your investment again this is absolutely degenerate i'm not saying that anybody should do this i'm just letting you know that these two opportunities are available the kind of big model with these is 3-3 which is like the best thing to do is to buy steak and auto compound for everybody involved because it takes off the supply and and you earn more yield over time so it helps everybody evolve but that's

also kind of like the huddle mindset so do with these as you please i would not risk much of your portfolio on these types of of projects but it's something that is something that is worth looking into at the very least because it's it's available and it's you know the earlier you get in quote unquote the more potential there is um it really it sounds like a scheme it very much is a scheme if if you if you know you want to address it as such um so again do this do with this info as you please and i'm just letting you know about these opportunities that are available with wonderland and snow bank but really i think more importantly is the yield yak opportunities for any avax or any just holders of stable coins right

you know if you can get a decent bit of stable coins ramped up into these pools you can really do well um you know if if you can deposit some yak or some eath and just earn yield on your assets i mean that's kind of what d5 is all about and that's why i think avalanche is doing so well is because of that ability to just really earn yield on your assets you know without having to pay astronomical gas fees and it's all really fast as well so yeah i'm an aetherium head for life shout out to the ens airdrop today but i think avalanche is definitely a place to come and yield yak is a really cool place to start for yield farming so check it out guys enjoy i i hope you don't go to gen with wonderland or snowbank um

and yeah get to farming guys earn that yield and i hope you're enjoying the pumps make sure you guys take some profits and you know get enough cash on hand for your family and your free yourself for amount of time and you know be safe and have fun guys so thanks for watching and i hope you'll learn