Gm friends,
Welcome back to another Premium Investor Report. Today we’ve got an alpha packed lineup so let’s not waste any time.
Let’s go!
Here’s what’s in today’s issue:
- Rekt Capital has the latest technical analysis for you on the market.
- Defi Dad has a tutorial on how to earn up to 47% APY auto-compounding Pendle ETH LP yield.
- Jesse has a ton of hot new airdrops for you.
For any crypto related questions please comment on the website.
In today’s edition of the Wealth Mastery Newsletter, the following cryptocurrencies will be analysed & discussed:
- Ethereum (ETH)
- Dogecoin (DOGE)
- Coti (COTI)
- Avalanche (AVAX)
- Theta Token (THETA)
- VeChain (VET)
- Kyber Network (KNC)
Ethereum — ETH/USD
What a difference a week makes.
Ethereum has performed a phenomenal rally, closely following history in the sense of forming a bottom near the orange circled area much like in mid-2021 before reversing.
In mid-2021 upon reversal, Ethereum needed a Weekly Close above the orange box top followed by a retest in order to continue higher.
While a retest of the blue circle would be healthy on this run, the catalyst is a strong run and so price may not need such a retrace to continue moving higher.
It will continue to be a point of interest just in case, nonetheless.
Generally however, the goal for ETH is to revisit the green $3956 resistance and perform a Weekly Close above it to set itself up for a retest of the green level, much like it did back in late 2021 (green circle).
Dogecoin — DOGE/USDT
Over the past few weeks, we’ve been discussing DOGE’s Macro Downtrend and the Macro Retest of it as new support:
Since then, the Macro Downtrend Retest has been successful but we also discussed how DOGE needed to reclaim the green level to move higher and build on that newfound momentum:
Here’s today’s update:
DOGE has pressed beyond this green level and any dips into the green level, if at all, would serve in building out a base at these current prices in preparation for further upside.
TO READ THE REST OF OF REKT’S MARKET ANALYSIS, CLICK HERE
Beefy Finance Strategy: Earning Up To 47% APY Auto-Compounding Pendle ETH LP Yield
Before we get started, this is not a recommendation or endorsement to buy any token(s) mentioned.
This week, we cover a strategy recently tweeted by the team at Silo Finance for an auto-compounding Beefy vault! Previously in Wealth Mastery, we have covered the following protocols:
- Silo Finance – isolated lending markets on Ethereum and Arbitrum
- Pendle – yield tokenization, points speculation, and fixed lending
- Equilibria – yield boosting for Pendle LP rewards
- Beefy – multichain yield optimizer across 27 chains
Combining all this knowledge, let’s explore a new strategy for a Pendle LP comprised of ETH lent on Silo, boosted on Equilibria, and auto-compounding the yield into the LP via Beefy.
Source: Tweet by Silo Finance
Today, let’s get right into the tutorial and cover how I can start earning an estimated 47% APY with this four-part automated yield farming strategy for ETH, on Arbitrum.
How to Earn Up To 47% APY with an ETH Pendle Beefy Vault
Before we get started, please be aware of these risks.
- Smart contract risk in Silo, Pendle, Equilibria, and…
Hi! My name is Lark Davis!
I’m a cryptocurrency investor with years of experience and I’ve been making consistent profits in the crypto space.
I’m passionate about helping others do the same, so I run multiple educational channels on crypto investing.
