APY.VISION with Tom (Tommy) Chan

Crypto liquidity entrepreneur Tom Chan joins Jay to discuss how APY.Vision enables anybody to become a liquidity provider while providing tools liquidity providers would need to manage and maximize their earnings. They explore how farming, vaults, impermanent loss, and hidden pools work on APY.Vision. 

Allowing anyone to become a liquidity provider is at the heart of APY.Vision’s innovation. The centralized and closed banking system monopolizes liquidity for itself. Chan’s APY.Vision is a DEFI answer to the inaccessible opportunities of being a market maker in today’s mainstream centralized financial system. 

While it's still making early strides in the blockchain space, APY.Vision aims to focus more on automation in the future. 

 

About Guest

Tommy Chan is the Founder and Core Developer of APY.Vision. APY.Vision is a one-stop-shop for liquidity pool analytics and yield farming rewards tracking. Chan and his team on APY.Vision are all liquidity providers.

 

You’ll learn about:  

• Why being able to be a liquidity provider is revolutionary. 
• How to minimize impermanent loss.
• The primary ways a liquidity provider makes money and how to spot profitable pools. 
• Risks to watch out for when farming crypto. 
• How to passively manage and auto-compound your farming rewards with vaults.
• How to find hidden crypto pools with large APYs. 
• How to get involved and contribute to the blockchain space (as a developer or designer). 

 

Resources: 

 

Connect with Tom Chan: APY.vision

Connect with YWhales: Website | BitClout | Twitter

 

DexTools

Galaxy Fight Club 

MetaMask

 

Timestamps 

 

[00:37] Why Tommy Chan (APY.Vision) started mining Ethereum.

[04:53] Building APY.Vision: the gap it was trying to fill. 

[06:58] Becoming a crypto liquidity provider. 

[10:10] Shared layers of data and staying up to date with protocols.

[12:41] APY.Vision platform walkthrough.

[15:47] What is impermanent loss (and how to minimize it)? 

[18:25] APY.Vision platform walkthrough (continued).

[21:20] How to pick which crypto pools to provide liquidity for (and when to get out). 

[25:01] How farming works on APY.vision (and risks to watch out for). 

[27:42] The APY.Vision team. 

[28:29] How do vaults work and how to make one on APY.Vision. 

[33:30] Searching for hidden pools with massive APYs. 

[37:10] What happens when you suffer impermanent loss? 

[39:20] The future of APY.Vision 

[40:12] Chains that APY.Vision is on.

[41:36] Overcoming Ethereum’s gas problem. 

[44:03] Business on Ethereum vs. business on other chains. 

[44:44] What tools to use when trading and evaluating crypto. 

[46:04] Vision token ($VSN) tokenomics. 

[50:04] Why APY.Vision sells NFTs that expire. 

[51:20] Adding utility to the NFT space. 

[53:42] How many NFT games will actually follow through and get made?

[55:06] Where do you find talent in the blockchain space?

[57:01] What languages should you learn if you want to contribute to the blockchain space?

[1:00:02] Are there good alternatives to MetaMask? 

 

DISCLAIMER: yWhales is not affiliated with YPO but at this time only allow for YPO, YPO Gold, and YNG members due to privacy & confidentiality. Support and production for today’s episode was done by Truth Work Media. Nothing in the podcast constitutes professional and/or financial advice, nor does any information on the podcast constitute a comprehensive or complete statement of the matters discussed or the law relating thereto.