Demex Demo: $milkTIA lending and yield strategy

Transcript

welcome back to the rollup High Roller Community as always nothing on the rollup is to be ConEd as Financial advice we are just an Educators in the defi space toss us a quick like give us a share a repost send it to a friend who may want to watch this and finally give us a sub or a follow it means the world to help support credibly neutral educational content in def5 we're here to educate Empower and enrich you and let's jump in what's going on guys welcome back to today we're doing a demo of IO and some cool steak tea strategy been a lot of hype around tea stickers getting air drops uh and some different U opportunities actually and get some Capital efficiency out of your yield

bearing tier tokens that's what we're going to look at today welcome CJ take what hey everyone nice to meet you this is CJ strategy at dmix and I would love to show some of the Y bearing strategies at DX on what you can do if your STI tier token or specifically milk tier so H over to app. dm. exchange that's app. DX and then basically you'll be able to connect through your Capa wallets as well as your leaps and some other uh social means social Ling in this case I'm just going to use Capa um this is also the same wallet that you would be using for depositing your ti the milk ti so this is after you have deposited your ti into Milky Way uh and

then you'll have your milk TI on osmosis so on the deposit page which you can go by accessing the menu uh you would want to find here and then you'll be able to see a balance on osmosis so you can just type in any amount that you want and then you'll be able to just deposit it into um dmax so it's a IBC transfer um dmax is on carbon which is a c app chain that is connected to many other cosos applications um and then just hit approve once cap comes out and and your transaction should go through in a few seconds okay um so once your your milk is in you can hit over to nitron on the

top this is our money market and you'll be able to scroll down to find milk here so right now the landing capacity is full but we are looking to increase this um and once this increase when you go in you'll be able to see your your milk TI um the can available to land here um so because it's full right now let me just try to withraw some of my M to show how it works so I'm just going to not borrow withdraw here so I'm just going to withdraw let's say one milk just give an example okay and I going to enter my milk into this so as you're entering a mil um as you're

depositing a mil you can also enable it as collateral or you can enable it just purely for landing uh enabling for Catal allows you to be more Capital efficient um because you'll be using your milk T which is a y bearing asset earning about 15% uh APR which is basically the sticking rewards of T and you can also use that to borrow other assets you can me stable coins and then you can sell that into any other asset off your choice and that allows you to be more typ efficient while your milk is gaining about 50% um sticking rewards so one of the strategy that I like to use is I could borrow tiar with my milk tiar and then I could go over

to my balance page and I could go over to T and I will withraw T um to osmosis account then I will hit out to osmosis and then we draw TI onto Celestia and into Milky Way and stick it there to get M so that's one strategy that uh you registered in doing what I call leverage St this is a decent strategy and then I'll take that milk and then deposit it back into nitron um so that I have sort of I'm recol alizing my asset so that's one one way to sort of Leverage Loop your milk uh another strategy that I like to do to be sort of

delta neutral as I'm doing a lot of mil here is I would actually borrow um USD so let me just type in US Kia um seems like a lot of people has bought it so they St they may not be too much when you are seeing this but we will be looking to increasing the borrow CS as well so I borrow let's say 100 USD and this is going to be used as margin on our P trading platform so dmax is an allinone Define Hub where you can do your borrowing and landing and you can also go over to trade you can buy spot you can trade PBS so I can go over to T PB and now I have some um USD collateral that I just SP

and then I could do like a I could place a short order of let's say let's say I put in a $100 I can do a short order of $100 as well to be fully delta neutral or I can be partially delta neutral it's really up to to your strategy and in this way you're earning at 15% and you're paying um way less in in interest rate about 3% in interest rate and you are short um there as a hge and this way you're sort of net earning about 15 minus 3.7 you're earning about 11% AP and they are still getting potential air drops so um if you have heard about dmax uh we are also

doing sort of a dmax point system and this points in the future could lead to an airdrop or other form of rewards and and if you just deposited Mila um you are going to get some points but they going you're going to get way more points if you are also using the trading platform as DX is primarily focused on cup trading um there's one last strategy that I want to share it's not live yet but effectively uh we will be enabling emote for milk chair and tear Landing so right now if you borrow milk CH sorry if you deposit milk CH you have about 60% loan to value ratio so what that just means is for every dollar of P deposit you can borrow up to 60 cents worth but

we are enabling emotes where if you borrow uh ma deposit mil T and you enable emote you can actually borrow TI specifically just here and up to maybe 85% of C efficiency or LTV so every dollar of build T can bow 85 cents of T and this is going to allow you to do that leverage sing um a lot more effective Capital efficiency yeah and one last thing for our TB um you can also go up to 20x leverage to times leverage for more Capital efficiency as well but you just have to make sure that you're monitoring your positions um carefully because 20 times the higher the Leverage The the closer you are to a liquidation price if if T goes up too

much if you're shutting it then you might get into some issues like liquidation and vice versa on the other way yeah so that's like a quick run through of demix and Andy do you have any questions yeah my only questions are regards to the starting point what do you users need to do if they have assets on Cosmos to uh be able to uh get access to this how do they need to they have access on osmosis or you show beginning what's just the process for you using Cosmos from different chains to get to DX that's a great question so diit comes with flexible Network fees and this means that if you are coming from um Cosmos you can deposit atom into it um we also recently enabled milk as gas Fe

so all you have to do actually is to just deposit new no don't need any other asset and you should be able to use um DX while they use your mil as gas se but if it doesn't work um just head on to our our Twitter sry our telegram or Discord and one of our community moderators will help you out but it's as simple as just depositing there from osmosis and you can get started got it so we don't need any any switch you tokens for gas even though this is on the switch Network on yeah that's the beauty of Cosmos we there this module that allows for any gas asset to be used um as gas you should Mo for the uh for

the demo of DX and then any closing thoughts um yeah we are always Laing new put Market uh we have a trading competition with secret so this was a gr from Secret where we're giving I think um up to $5,000 of trading rewards so this will last till maybe another another week or so so if you haven't tried it uh do participate it's it's a basically just a trading competition where you can come in trade and make some um points and then get some trading price pool and look out for our next upcoming uh competitions as well we're having regular trading competitions and and if if you are like a Trader I think this is going to be an interesting platform for you to try out um our a lot

of people has been asking about DMX coins um the UI for that is going to come soon so if you haven't tried out dmax really um try it out because if you have if you try out earlier the earlier you try the more points you you get and it accumulates over time as well so yeah those are some of the closing points so I hope you guys uh enjoy the platform and if you guys need any help just hit on to our social media our Twitter telegram Discord and we will help you out thank you so much CJ all right no problem thank you so much for hearing me