💥 Headline: Bear 🐻, Bitcoin ₿ & Cryptomarket Crash 📉!
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.
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That's probably the only few keywords you paid attention to in the past few days.

But there's more to it. Here's what else we saw ✨🔴_🔴✨

2/ Rome wasn't built in a day.

So is the new decentralize, permissionless, and transparent space we are trying to create in #DeFi. 

It's easy to be narrow our focus down to the numbers, red candle sticks and negative P&L percentage. 

But don't let that consume you.

3/ Play the long game.

Remember that DeFi has a long term goal. 

It's here to disrupt the traditional financial system & change the way we interact with assets. 

Yes, there will be hiccups & no one knows how long it will take. 

Are you here for the $ or vision?

4/ The end goal should enable both. 

It's understandable & easy to succumb to negative thoughts. 

The pain. It burns - but let it manifest into positive energy to come back stronger.

We are going through a new paradigm shift that may take years.
 

5/ If the current market makes you feel unwell, STOP and...

• Acknowledge the situation & make smart decisions.
• Take time to rest or away from Twitter if needed.
• Go get some fresh air & spend time with real people, in real life.

Do whats needed. 

6/ Find a way that works the best for you. 

Here's a thread that might be a good start on how to approach this tough times.  

https://twitter.com/0xRusowsky/status/1536525573790498817

7/ For us, we will keep BUIDLing. 

At Alpha, we will continue to BUIDL regardless of the market condition. And we believe many BUIDLers also have the same mindset. 

We're here to make DeFi stay. There's still so many things happening behind the scene! 

Here's a few:

8/ @michaelfkong from @FantomFDN at Consensus 2022

Reiteract & Innovate.

Fantom continues to work on improving the network performance & strive for the best user experience.

They aim to bring fast, cheap and secured transactions & much more.

https://twitter.com/NewToTheStreet/status/1535043255309565954

9/ #Optimism  

Optimism continues to scale Ethereum's technology on L2 after its #OPAirDrop. Check out their 1st post on @OPLabsPBC.

@BalancerLabs continues to partner with promising protocols to bring new use cases https://twitter.com/BalancerLabs/status/1534591125197008897

& on that note...

10/ #HomoraV2 Upcoming Development

Our tech team continues to explore chains with potential to expand to. 

We are excited to share that we will be coming to #OPtimism very soon. ✨🔴_🔴✨

Integration with @beethoven_x is also on its way ;)

https://twitter.com/Alpha_HomoraV2/status/1534866289683881989 

11/ We BUIDL on, in multiple aspects.

1️⃣ Helping out other BUILDers in the space

Check out a logic issue discovered by our Head of Tech on @Sushiswap: https://twitter.com/n1punp/status/1536312022966870019

We are committed to making the space more secured at all times. 

12/ BUIDLers helping other BUIDLers (cont.)

2️⃣ Giving our thoughts to other founders from our experience

Check out our Project Lead's take on how to create a winning battle out of this situation:
https://twitter.com/tascha_panpan/status/1524251538755321856

Each cycle, we come back stronger with more resiliency.

13/ "In the midst of every crisis, lies great opportunity".

The bottom line is that the true value of this new space, whether it be #DeFi, #Web3, or #Blockchain, is not simply just the numerical value attached to an asset. 

Hang in there, #WAGMI! 

14/ Lastly, if you have any feedback or things you'd like to see on #HomoraV2, let us know through our feedback form: https://linktr.ee/homora

TLDR; 
• It's a rough period but we'll make it 
• Many projs are working hard to make #DeFi stay
• Homora V2 is coming to #Optimism


You can read the unrolled version of this thread here: https://typefully.com/Alpha_HomoraV2/Cf8SXsN

A Few Thoughts On The Current Market Condition

1/10 #HomoraV2 Monthly Update

During the past few months, our team's been exploring ways to create more involvement with the community. 

That is why we have decided to start by giving our community a sneak peak at what we've been doing & what to look forward to next month 👇 🧵

2/10 Scaling Existing Chain

We are integrating with a new DEX on @FantomFDN to offer more exciting farm pools to users. 

Take a guess on which protocol we are partnering with! 

3/10 Multi-chain Expansion

In Mar/Apr, you may have gotten a hint that we had plans to scale to Terra. However, it will have to be put on pause with the current situation.

But DONT WORRY. We have concrete plans to scale to another chain rn. Big plans coming ahead.

4/10 Feature Update: Pool Delisting Process

We will be implementing a pool delisting process to prevent hacks through price manipulation. 

First batch of delisted pools & details will be announced on June 2

5/10 Feature Update: Price Reversion

We will be adding an error message on the UI when price feeds from #AlphaOracleAggregator are out of sync. 

This warning will help give users a heads up that the price may not be accurate at the time. 

6/10 Feature Update: Farm Position

We are currently in the 2nd Phase of the UI/UX revamp in order to help users achieve the APR as desired more easily and concisely. 

https://twitter.com/AlphaVentureDAO/status/1501181877809741825

If you have any feedback w/ the current one, please DM us. 

7/ Integrations & Partnerships

We are looking to discuss & integrate with several protocols to provide better functionality on Homora. 

For an upcoming one, there should be good news from @Weave_Financial soon. 

Make sure to follow us to be the first to get notified. 😉

8/ User Research

We are currently in the process of collecting feedback from Homora users to better serve the needs of the community. More details can be found via our Discord #HomoraV2 channel https://discord.gg/8dfjautXj5.

Please reach out to us if you are interested to help out.

/9 Moving Forward

We are exploring new ways to communicate and involve our users. 

We will be giving the community more regular updates & streamline the process of receiving community feedback & partnership opps. 

This is simply the start, & we want you to be a part of it. 

/10 Community Engagement

If you have anything you'd like us to know related to #HomoraV2, please reach out to us. 

Make sure to follow @Alpha_HomoraV2 so you won't miss all the new changes & developments 🤝 

Stay tuned! 

1/
Currently, the crypto market seems to be neither bearish nor bullish: A sideway market. 

A situation where overall volatility of crypto assets won't swing too radically. What can we do? 

Here's how you can turn this crisis into an opportunity with #HomoraV2 🧵 

2/
Pseudo Delta-neutral Strategy

AKA delta-hedging: is where you balance out your risk exposure by opening long + short positions to minimize impact from price changes.

Now you know how to use #HomoraV2 to short, you can apply delta-neutral strategies too.

Lets look at how:

3/
Easy way to think about how to apply delta-neutral strategy for A/B coin pool with 3X leverage:

1. Split your initial capital for farming to 25% & 75%

2. Open position with 25% of capital to borrow asset A

3. Open 2nd position with 75% of capital to borrow asset B

How?

4/
Say we farm with $1000 USDC, 3X leverage.

1. Supply $250 of USDC, borrow $500 of USDC = $375 AVAX LONG exposure

2. Supply $750 of USDC, borrow $1,500 of AVAX = $375 AVAX SHORT exposure

3. Total exposure: +$375 + -$375 = 0

Don't forget: you earn APYs from both positions.

Short advertisement: If you are enjoying reading these contents or enjoying using our leveraged yield farming platform so far, please give us a follow so you won't miss any important updates! 

Follow for more: https://twitter.com/Alpha_HomoraV2

5/
What happened?

1. Total position = $750 USDC -> 50% is converted to AVAX. Similar to buying AVAX.

2. $1500 AVAX -> $375 worth of AVAX is converted to USDC. Similar to shorting AVAX.

This makes exposure (close to) neutral when opening both positions at the same time. 

6/
Simple. Of course, this example is simplified with low price fluctuation.

Regardless of which direction the price changes, your yield farming rewards > the risks

If price changes a lot, you can easily rebalance your position on #HomoraV2 by adding/removing collateral.

7/
That's it!

If it's too hard, there's a lot of resources out there on strategies explanations or detailed calculations. For e.g, one from @phtevenstrong.

#HomoraV2 is merely a tool for helping you earn higher rewards. But always DYOR to know the risks!

👍 If you like our content, feel free to LIKE, RETWEET, & SHARE with your friends or peers.

If you are ready to make some beefy yields, let's head to our DApp: https://homora-v2.alphaventuredao.io/

🚂 More content IN COMING. Let us know below what content we should create 👇

You can read the unrolled version of this thread here: https://typefully.com/Alpha_HomoraV2/uBT1aJO

How To Take Advantage of  Current Market with Homora V2 Part 2

The #TerraLuna incident has taught us all valuable lessons. However, one thing certain for us is that the builders' community is still very strong and we are all here to make #DeFi stay.

Regardless of the market condition, #HomoraV2 can help even in sideway market. Here's how 🧵

During a bullish market, everything will be in an upward trend. HODLers can easily profit just by selling tokens at a price higher than when they bought them.

When the market becomes more volatile, profiting becomes much harder and requires more effort to monitor. 

What to do?

Try Shorting with #Leveragedyieldfarm.

Today we'll explore 1 of the many strategies you can apply.

With #HomoraV2, you can customize your strategies even during times like sideway market, or during any market condition.

Shorting

Power of #leveragedyieldfarming on Homora is its ability to short assets without compromising yield farming rewards.

In short, you can do so by leveraging over 3X and converting the borrowed assets to short exposure. 

Let's look at an example:

On #HomoraV2 you can supply any combination of assets to become LP. 

Let's say we want to farm in AVAX/USDC pool & would like to short AVAX. 

Supply USDC to borrow only AVAX. Since Homora optimally swaps assets for you to have 50:50 ratio, you will gain short exposure on AVAX.

Say we farm with $1000 USDC, 3X leverage. 

Homora will borrow $2000 worth of AVAX for you but convert $500 AVAX to $USDC to create 50:50 ratio.

As a result, you'd have $500 worth of short position on AVAX while earning higher yield farming APY from your leveraged position.  

There's the 1st farming option for ya! Part 2 soon.

If it's too hard, there's a lot of resources out there on strategies explanation or detailed calculations. 

#HomoraV2 is merely a tool for helping you earn higher rewards. But always DYOR to know the risks! 

👍 If you like our content, feel free to LIKE, RETWEET, or SHARE with your friends or peers.

If you are ready to make some beefy yields, let's head to our DApp: https://homora-v2.alphaventuredao.io/

🚂 More content IN COMING. If there's any topic you want to know more, let us know below 👇


You can read the unrolled version of this thread here: https://typefully.com/Alpha_HomoraV2/NNQu2hS
