1/ The calm of crypto winter brings its own advantages.
Among them is the chance for builders to build sustainable tokenomics, and move away from 8000% APYs, non-productive lockups, and other models designed only for the short term.
We explain how…
Every episode of Odd Lots
Joe: Why is _____ so expensive
Guest: Capacity was really hollowed out do to chronic underinvestment during the 2010s
Tracy: Can this be fixed?
Guest: No
All in all the r/r on the larger blocks <$4 looks good, (can’t mine them out though) and seems like an especially good way to play a long Jewel trade. S/o @Aidonaks for the screensnip and @blknoiz06 / @satsdart for pumping the bag up til now.
Time to start of my alt with a block lift, inspired by @Aidonaks I went down a rabbit hole looking for the best trade around xJewel as the unlocks hang over DFK’s future. At current MCap of 1.2B and ~60m circulating supply we can simply back out the market discount.
we know some details about the potential for Jewel-esque tokens on other chains as DFK moves to AVAX and other chains, this dilutes Jewel a bit but also strengthens overall ecosystem w/ user growth and attention. Can we hedge? Maybe a short basket of alts and metaverse tokens.