⛲ The Fountain of ETH

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1/12 ⛲ The Fountain of ETH is the #1 place to deposit your $ETH. Grow your ETH gas-free 🤯 Current APY: 40%* Target APY: 15%* 🧵 on why other alternatives don't come even close

2/ Making mainnet great again First of all, you can deposit WETH on mainnet gasfree 🤯 You only need to approve WETH and then sign. At @BabylonFinance, we have worked really hard to make this happen: medium.com/babylon-finance/introducing-gasless-deposits-51e2d31ccd3f

3/ 🛡️ Tax Consolidation The fountain of ETH may perform dozens of DeFi operations on your behalf but you may consolidate all of them into just one taxable tx, the withdrawal. *Babylon Finance does not provide tax or legal advice. Consult with your tax professional.

4/ 💰 Fewer fees, More Profits The cost of executing DeFi strategies is shared by all members. 372 Babylonians are members of the Fountain of Eth. You only pay 1/372th of the cost vs executing the strategies yourself.

5/ 🌱 Own a piece of Babylon By joining this garden you will earn BABL mining rewards on top of the staking returns. BABL holders own the protocol and treasury and receive all the fees through the Heart of Babylon. medium.com/babylon-finance/the-heart-of-babylon-epoch-2-7f3aaf02e19

6/ 🗞 Speed up learning by investing with experts Gardens are investment DAOS owned by the community. A few leaders actively manage the strategies 24/7. Now, let's talk about the main strategy in the fountain.

7/ ⛲ 3x stETH $3.7M are allocated to a ~3x leverage using stETH by: - Lending stETH on AAVE - Borrowing WETH - Converting WETH back to stETH and lending it Repeated x4 to achieve a 3x leverage and 10-15% staking returns with no liquidation risk (except major stETH depeg)

8/ Here is the cool part The cost to execute this strategy was only $550. Less than $2 per member!!! Already generated 0.16 ETH is less than 24 hours. etherscan.io/tx/0xf64cb26e93dd4aa27ee297238418a7fb767861d59ed6f2ab84f902f67ab4ebdd

9/ How does it compare with $icETH ⛽ Requires gas to enter 2x fee (1% in streaming and redemption fees) Lower APY. No flexibility, it's a structured product with a fixed strategy. No BABL rewards but they have G-UNI LP rewards. No referral program. twitter.com/crypto_texan/status/1512421404305674245

10/ What about @Galleondao pirates and $ETHMAXY? ⛽ Requires gas to enter. 4x the fee!! (1.95% management fee). Lower APY No flexibility, it's a structured product with a fixed strategy. No BABL rewards and no Referral Program

11/ One last thing.... If you refer a friend, you both earn a piece of Babylon. For every 1.6 ETH deposited, you each receive 0.5 BABL medium.com/babylon-finance/babylon-referral-program-871a829191d7

12/ Join the fountain of ETH garden here babylon.finance/garden/0xB5bD20248cfe9480487CC0de0d72D0e19eE0AcB6 #DeFiTogether