Rainforest Stack #004: Best DeFi Yields (Dec 8, 2023)
Discover the latest in DeFi yields with Rainforest Stack. Uncover various strategies and opportunities in yield farming, presented in an easy-to-understand format for DeFi rookies and experienced farm
Bitcoin Futures Open Interest is up big across the board. Notably, Open Interest in the CME outpaces even that of Binance. Is crypto entering a new era? More suits trading than degens. Financial institutions want in, and it is an all-out race to front-run the Spot ETF approvals.
Speculative appetite is raring, and following a bleak two years, the corner has been turned. It will not be without heavy retracements, but the bull market has blatantly started. Congratulations to everyone DCAing throughout the bear who are already tasting the fruits of their conviction.
Money sloshes about, and yields are also slowly trending up. Exotic pairings or leverage on lending protocols- pick your poison.
Welcome to the Rainforest Stack. A guide for the intrepid into the dynamic world of DeFi yield.
Constituted of four distinct layers: undergrowth, understory, canopy, and the emergent layer. Each layer boasts a different level of risk broadly categorized in line with the Lindy effect- the longer something has survived, the more likely its continued existence becomes.
An impact with oversized ramifications in the crypto space where hundreds of new protocols live and die each quarter.
More details about the Layers of the Rainforest stack are here.
Emergent Layer — Enduring Yields
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