mhonkasalo

Suppose Uniswap didn't have a token.

If they could choose IPO or ICO route, the IPO would do better price-wise (as they'd get a portion of Circle's flows).

Trad markets simply aren't oversupplied like the token markets are.

Easier to create "bubble" valuations.

Prediction markets with the same trading UX and quality as e.g. Bybit.

Excited for the day the products reach that level of maturity.

Onchain is where price discovery will happen for equities, commodities, tokens, & everything else.

Long-term this is clear no matter what (stupidity) happens in the interim.

High inflation is good for treasury ponzi because even if your revenue is just nominal (=token issuance), in the market you can pretend it's real & assign a multiple to it.

This is the power of crypto.

Quality of the REV discussion just indicates what a soft market crypto is.

Be happy you were early.

SOL performance over the past few weeks is quite mediocre considering how much public buying there has been from the treasury accumulators (& others).

Spreads on TradFi exchanges (for supposedly liquid securities) are beyond criminal.

No way crypto doesn't change this market structure.

The highest BTC weekly close is at ~$104.5k. Knocking at the door right now.

Criticism of Solana's zero-day bug fix makes me realize people have no idea how it would work on Ethereum.

TLDR; mostly the same process except feeling "holier" to the ETH community.

Conceptually, I really like the new @TradeNeutral Hyper JLP vault.

JLP but ETH replaced with HYPE. Yield-bearing versions of the SOL & stablecoin collateral.