Let's start with the idea
[Screen: Think of the song Professional Rapper. You is Snoop Dogg. I is Lil Dicky. You are firing off these questions to us and we are answering them in as truthful a manner as we can.] LFG.Why Ξ? You talk the same story as Ξ maxis. I hate maxis.Many great arguments about this. Our favorite is ___. Don’t have the same ideals as us? It’s ok. Look at ___What if you are wrong and Ξ crash and burn?Then it’s game over, bye bye baby. So please, only invest what you are willing to lose to Ξ. If you ...
Let's start with the idea
[Screen: Think of the song Professional Rapper. You is Snoop Dogg. I is Lil Dicky. You are firing off these questions to us and we are answering them in as truthful a manner as we can.] LFG.Why Ξ? You talk the same story as Ξ maxis. I hate maxis.Many great arguments about this. Our favorite is ___. Don’t have the same ideals as us? It’s ok. Look at ___What if you are wrong and Ξ crash and burn?Then it’s game over, bye bye baby. So please, only invest what you are willing to lose to Ξ. If you ...
A new new mental model for Defi Treasuries
I agree but that’s because we don’t consider native tokens as Treasury at all, but as shares. THis model cannot be extended to flexible Treasury models like Maker, where the treasury supply is not fixed and varies. Tokens have no relation to treasury. Tokens are just a representation of the project’s shares. What’s important is not whether you count them towards your treasury or not. What’s important is that you On the buyback and burn vs. buyback and reinvest debate,For variable supply proje...
A new new mental model for Defi Treasuries
I agree but that’s because we don’t consider native tokens as Treasury at all, but as shares. THis model cannot be extended to flexible Treasury models like Maker, where the treasury supply is not fixed and varies. Tokens have no relation to treasury. Tokens are just a representation of the project’s shares. What’s important is not whether you count them towards your treasury or not. What’s important is that you On the buyback and burn vs. buyback and reinvest debate,For variable supply proje...
Why is Kenny so angry?
There’s something called dark pools. As the word imply, it’s sinister AF.A short lesson in history.For people to trade, they need a location.When it comes to stocks, this location is the stock exchange.You see an opportunity and decide to be a market maker. You stand ready to quote prices for bid and ask, soaking up all the trading activity. By providing liquidity, people are more willing to trade with you, as trades could potentially have a tighter spread, and gets cleared faster (since it i...
Why is Kenny so angry?
There’s something called dark pools. As the word imply, it’s sinister AF.A short lesson in history.For people to trade, they need a location.When it comes to stocks, this location is the stock exchange.You see an opportunity and decide to be a market maker. You stand ready to quote prices for bid and ask, soaking up all the trading activity. By providing liquidity, people are more willing to trade with you, as trades could potentially have a tighter spread, and gets cleared faster (since it i...
Anon anon anon
You are seriously going to be anon?Well, our rationale is …*drumroll* … this helps us to be most focused in what we set out to do - generate alpha for ourselves and the community. By staying anon, we can avoid dealing with people and certain entities questioning our motivations, experience, education credentials, mother’s maiden name, what we had for breakfast today… … and just focus on generating returns. This means scouring through information sources (Twitter, Discord, Reddit, far corners ...
Anon anon anon
You are seriously going to be anon?Well, our rationale is …*drumroll* … this helps us to be most focused in what we set out to do - generate alpha for ourselves and the community. By staying anon, we can avoid dealing with people and certain entities questioning our motivations, experience, education credentials, mother’s maiden name, what we had for breakfast today… … and just focus on generating returns. This means scouring through information sources (Twitter, Discord, Reddit, far corners ...
Free alpha: Creating a non-custodian fund management service
https://twitter.com/balajis/status/1298490644638228480 We believe in this too.
Free alpha: Creating a non-custodian fund management service
https://twitter.com/balajis/status/1298490644638228480 We believe in this too.
