Just completed a thorough test of Pendle and Euler on the Plasma network and I'm genuinely impressed with what I'm seeing. Speed & Cost Comparison vs Base - Transaction Speed: Plasma is noticeably faster than Base - Gas Costs: Actually cheaper than Base - we're talking pennies per transaction - Multiple approvals and swaps executed with minimal gas spend The network handled USDT approvals and PT swaps smoothly, with negligible slippage throughout the process. Euler + Pendle Borrowing Strategy Walkthrough The Setup Swapped into PT (Principal Tokens) on Plasma to use as collateral on Euler, with the goal of borrowing stablecoins against the position. Key Challenge: LTV Limitations Initial Plan: Borrow at 84% LTV Reality: Platform limited me to 70% LTV This adjustment changed the math significantly: - At 70% LTV on a $25k position → ~$17,435 borrowing capacity - Required position size increased to $7,500 to maintain strategy viability Critical Discovery: Wrong Market Link Found that Pendle's link was directing to the USDE market instead of the correct sUSDAI market. Always verify you're on the right market before executing - this could have been costly. Risk Assessment: The De-Peg Scenario Before committing to the 70% LTV, I analyzed the sUSDAI token's historical performance: Token Analysis (via CoinMarketCap) - Identified past de-peg event from October - Measured maximum drawdown: 4% de-peg - Recovery timeline: ~30 days (regained peg in November) Position Sizing for Safety With a 70% LTV, ran the numbers through my DeFi flight simulator: - Position size: $7,500 - Health score after opening: 1.07 - Verdict: Can comfortably weather a 4% de-peg event Technical Notes & Considerations Oracle Issues Encountered adapter staleness warnings during setup: - "Adapters maximum staleness, 87,000 seconds, is insufficient for the feed's heartbeat" - Using Chainlink oracles - always check oracle parameters before borrowing Approval Management

GM everyone! 🌅 Let's talk about something that's quietly become MASSIVE: tokenized commodities. The market just crossed $7.05 billion in total market cap with over $17.3 billion in monthly transfer volume. This isn't a cool experiment anymore—it's an active component of global trade finance, collateral management, and DeFi infrastructure. And most people are sleeping on it. 😴 Today we're breaking down: - ⚡ The gold duopoly (XAUT vs PAXG) - 🔬 The wild stuff beyond gold (uranium, soybeans, energy) - 🛠️ The infrastructure making it institutional-grade - 💰 Four ways to earn yield on commodities - ⚠️ The risks you MUST understand Let's dive in! 👇 🥇 The Gold Duopoly: XAUT vs PAXG Gold is the anchor of on-chain commodities, especially with prices hitting historic highs around $4,520/oz. But not all tokenized gold is created equal. The market is dominated by two players serving VERY different audiences: Tether Gold (XAUT) — $2.67B Market Cap The "Trader's Gold" 🎯 What it is: - Each token = 1 troy ounce of a specific London Good Delivery bar - You can literally look up which bar is tied to your address - Deeply integrated into CEXs (Bitfinex, Gate.io, OKX) The edge: - ✅ ZERO custody fees (this is huge) - ✅ Built for velocity—move between risk-on crypto and risk-off gold instantly - ✅ Never leave the ecosystem The catch: - ❌ Redemption minimum: 430 oz (~$2M at current prices) - ❌ Most holders will NEVER redeem physical gold - ❌ Less DeFi integration than PAXG Best for: Traders who want gold exposure without leaving crypto, don't need DeFi collateral features Paxos Gold (PAXG) — $2.31B Market Cap The "Institution's Gold" 🏛️ What it is: - Regulated by NYDFS (New York Department of Financial Services) - Each token = 1 fine troy ounce of London Good Delivery gold - Stored in Brink's vaults The edge: - ✅ Only viable option for U.S. institutions and fintechs - ✅ Dominates DeFi — preferred collateral on Aave and MakerDAO - ✅ Bankruptcy-remote — if Paxos fails, gold belongs to token holders, not creditors - ✅ DAOs prioritize this because it's the safest legal structure

What's good, systematic traders! 🎯 I just launched The Traders' Bible — a complete reference guide for pyramiding, trailing stops, position sizing, and professional trade management. And it comes with a FREE interactive web app with 8 different calculators so you can actually BUILD these systems yourself. Open the app here: https://traders-bible.web.app This isn't just another trading guide. This is a SYSTEM—a complete framework synthesizing techniques from Jesse Livermore, the Turtle Traders, Nicolas Darvas, Chuck LeBeau, and Rob Carver into actionable, calculable strategies. Let me walk you through what's inside. 👇 🎯 What Is The Traders' Bible? It's your complete toolkit for systematic position management. Every concept has a matching interactive calculator in the web app. The Flow: Read the concept (in this post or in the app) Open the calculator (keyboard shortcut F1-F8) Input your trade parameters Get exact numbers, charts, and guidance Execute with ZERO discretion Navigate the app with keyboard shortcuts: F1 — DASH (Dashboard & data management) F2 — PYMD (Pyramid Planner) F3 — STOP (Trailing Stop Calculator) F4 — TRCK (Position Tracker) F5 — FREE (Free Roll Calculator) F6 — SURV (Survivability Analyzer) F7 — RISK (Expectancy Calculator) F8 — EDUC (Education Hub) Or use the sidebar codes if you prefer clicking. Let's break down each module! 🚀 🔺 Module 1: Pyramiding — Adding to Winners (F2 PYMD) We covered this in the previous post, but here's the quick recap with the app integration: The Three Scaling Methods Equal Unit Scaling (Turtle Method): Add the same size at each level (100-100-100-100) Simple and aggressive Raises your AEP fast Used by Turtle Traders at 0.5N intervals (up to 4 units max) Tapered Scaling (50%): Each add is half the previous (100-50-25-12.5) Keeps your center of gravity LOW Way more resilient to corrections The preferred method for most traders Fibonacci Scaling (61.8%):

Anyone here using Borosfi? Hoping for feedback, or better yet a tutorial if anyone is feeling generous with their time! 😅

Quick observation from the charts: Bitcoin and IGV (iShares Expanded Tech-Software ETF) have been moving in near-lockstep since 2023. What we're seeing: - Both assets rallied hard through 2024, peaking around the same time - The recent pullback? Nearly identical trajectory - BTC currently at ~$69.9k, IGV at $82.46 - both down from recent highs Why this matters: This tight correlation tells us Bitcoin is still trading as a risk-on tech asset, not the "digital gold" narrative many hoped for. When software stocks sneeze, BTC catches a cold. For DeFi investors: - Macro tech sentiment matters MORE than you think - Fed policy, tech earnings, and Nasdaq movements should be on your radar - Diversification within crypto alone isn't true diversification if you're ignoring the tech correlation The days of "BTC is uncorrelated" are behind us. We're in the institutional era now - which means macro matters. What are you watching to gauge risk sentiment? Drop your thoughts below. 👇 Not financial advice. Chart analysis for educational purposes.