0xknightwave

punk #2420
anchor bagholder turned crypto theorycrafter
economics x computer science

[0xknightwave @0xknightwave]

I originally called that $LUNA would go completely to zero on 11th May when it was still trading at $20.

https://t.co/uLnkYmWZIY

It's been a pretty interesting couple of days, and I thought I'd just sum up my thoughts and move on to other topics

🧵

[0xknightwave @0xknightwave]

Unlike other coins that will drop 90% ATH and stay there like a zombie coin, $Luna's mechanics will probably push it all the way to zero.

Let’s Discuss

1/6
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[0xknightwave @0xknightwave]

@ASvanevik @justinsuntron Chinese bailout? One coin one chain project 😂

[0xknightwave @0xknightwave]

@Leorzhang @ConejoCapital Waiting for u to change my mind ser

[0xknightwave @0xknightwave]

@societyofsnobs @franklinisbored @ZeroGwei lmao #unethicallifeprotips

[0xknightwave @0xknightwave]

@itsyeu @ASvanevik i believe thats what the protestant reformation was for 🤣

[0xknightwave @0xknightwave]

@crypto_notte Or one of the two is really over valued 😂

[0xknightwave @0xknightwave]

@itsyeu Ser

[0xknightwave @0xknightwave]

@bee__wells Hi twin 😂

[otteroooo @otteroooo]

BREAKING NEWS: LEAKED LOAN AGREEMENT BETWEEN ALAMEDA & VOYAGER SHOWS "BAILOUT" MORE A GIMMICK THAN A LIFELINE

Otter covers this explosive revelation in detail below

🦦 👇🏼 🦦 👇🏼

[0xknightwave @0xknightwave]

@the_x2y2 Intacted is good 😂

[0xknightwave @0xknightwave]

Looks like @AlamedaResearch just deleted all of their tweets 👀

[0xknightwave @0xknightwave]

For all of Nexo's chest-puffing and signaling (offering to buy distressed debt from Celsius, talking about acquiring from a position of strength), there are some serious potential concerns.

Great thread below.

[otteroooo @otteroooo]

Nexo will undergo a liquidity crisis by the end of 2022 (87% certain)

Of all the CeFi lenders covered, Nexo is the champ in half truths and illusionary otter tactics

Read on as otter uncovers the tricks!

(Part I of II)

🦦 👇🏼 🧵

[0xknightwave @0xknightwave]

@otteroooo @VersusBtc @LC111999 @FINMA_media @ArmaninoLLP @Nexo @elonmusk @Cointelegraph @JoeNakamoto @CoinDesk @OKnightCrypto @nikhileshde @TheOrangeShield @ChainLinkGod @JonGalt14 @Tech_x_games @psygirl604 @Crypto_Quixote @lyraly77 @OneTrueJD @RicardoNunoo @gachasRbad4u @RobHackneyEsq @yieldchad @MikeBurgersburg @DavidBurkeBTC @marekkoznar @NickBaro Pretty much my experience when I post anything anti-Nexo lol.

[0xknightwave @0xknightwave]

@arthur0x You passed the test, how did your financial decisions turn out for you?

[0xknightwave @0xknightwave]

@_ethprincess @bymepuru @coolcatsnft but not the coolest tho? 🤣

[0xknightwave @0xknightwave]

@AlgodTrading For all y’all asking, ES = S&P Futures.

[0xknightwave @0xknightwave]

@gatiencnts @resdegen Lol went back to try again, turns out UI slider maxes out at 80% but you can manually input 100. My b, thanks

[Hasu⚡️🤖 @hasufl]

Bancor’s shell game of IL hiding is collapsing. They print new BNT to compensate underwater LPs and call it “IL protection”. The cost is transferred to BNT holders via inflation, which causes further IL to all other BNT pairs, and leads to further inflation. A death spiral.

[0xknightwave @0xknightwave]

@ASvanevik Defi turning into mob finance

[0xknightwave @0xknightwave]

At this point, you would be risking 20k USDT, but if it repegs you would make 18k.

1:1 risk/reward pretty good if you ask me. Don't think Justin Sun gonna pull a Su Zhu over 700m of pocket change 😂

[0xknightwave @0xknightwave]

Technically there is a $USDD repeg play here if it depegs further.

If USDD depegs to say 0.85 (it briefly did on Huobi, ss below), here is a potential trade

[0xknightwave @0xknightwave]

1. Swap 100k of USDT for 118k of USDD at 0.85
2. Move $USDD to Justlend, which will allow you to borrow 85% of USDD. Justlend hardcodes USDD value at 1, so with 118k of $USDD you can borrow 0.85 x 0.8 x 118k = 80k of USDT
3. Move 80k USDT off chain
4. Stake $USDD for 40% APY