Owner of art by @money_alotta @Coldie @Hackatao @hex6c @pascalboyart @trevorjonesart @EclecticMethod @shapiro500 @catswilleatyou @burst_cryptoart @stazienko...
Mirror Stages I-XX
THE COMPLETE COLLECTION | A system in full relief
Botto produced 20 unique video works live at @ArtBasel Hong Kong. Now Mirror Stages comes into full view as a complete collection, one that evolved in five distinct chapters, across five days, each with a different LLM steering Botto’s creative architecture.
Mirror Stages illustrates the scope of future possibilities for Botto’s protocol to be adapted to new environments and audiences, to be embodied in physical spaces, to create continuously and responsively in situated encounters, to iterate its economic model, and much more.
An estimated 16,000 people were observed and considered by Botto while creating Mirror Stages live in Hong Kong. Now, we invite you to explore the final collection via the link below.
*Pictured: the first two minutes of selected works from each day.
#TheNakedMonaLisa is my latest mural.
Painted over 6 days in an underground tunnel… right under the Louvre Museum in Paris.
A few hundred meters from the original.
Full story 🧵👇🏼
Alotta Money will be known as one of the best artists of the OG era. He left us too soon, but his body of work speaks for itself. As time goes by, I think more and more how much Alotta helped establish the lore of crypto art and culture.
Boros could 2x the yield of Taiki's BIG ETH short... here's how:
Taiki previously printed on his 7-figure ETH short, and he's back in the arena shorting.
What would happen if he used Hyperliquid and Boros to help with this trade?
🔹He could short 1m of ETH on HL, building his big short position
🔹Then, he shorts the same notional amount of ETH YUs on Boros
🔹He RECEIVES 7.99% Fixed APR until he chooses to close his YU shorts, protected from negative funding until market maturity
Currently, ETH shorts are receiving 3.16% APR from longs on Hyperliquid.
But with Boros...
🔹Taiki receives more than 2x the funding payout/yield from his short (7.99% vs 3.16%)
🔹 his PNL won't be affected by negative rates!
ETH rates on HL dropped to over -330% briefly on 10/10 - if he's right about another drop, shorting YUs protects him from such negative funding!
(His previous ETH short was on Variational, not HL.
This is a hypothetical example to show how YUs help traders with long-term perp positions save on funding costs)
3 Boros Trade Ideas for a Bullish December
November has been a choppy month for crypto, but the stars might be aligning for a strong relief rally.
Mercury retrograde ends tomorrow, November 29th. We have a full moon on 4th December.
(Full moons = Up? don't know.)
Astrology aside, after setting lows at 80k for Q4, BTC has recovered to over 91k! Even if we've topped for the 4-year cycle, crypto relief rallies are strong and relentless.
Shorts get blown out, longs FOMO in, and traders try to capture the volatility.
Today, @Polymarket is pricing in a 87% chance the Fed cuts rates on December 10th, which could be a catalyst for risk to run over the next few weeks.
And you don't have to wait till then to see what happens to the market...
Because you can use Boros to go long before the rally happens!
Trade Idea #1: Long YUs For Upside
If we get a relief rally, Implied APRs on Boros YUs are likely to increase. Traders will long YUs to hedge against funding rate costs on their longs.
Right now, YUs for BTC-USD (HL) have 8.92% Implied APR, while Underlying APR is 10.95%.
If funding rates for BTC-USD (HL) start rising going into December, long YUs will print from the hourly settlement profits...
And YU longers will likely be able to exit their positions at a higher Implied APR, making a profit on both YU price AND settlements!
Remember, there are 2 ways to make money from YUs:
1. Profit from the Implied APR entry/exit (short high, cover low/long low, sell high)
2. Being paid out from the Underlying APR/Implied APR difference
Trade Idea #2: Long your longs + Boros YUs for fixed funding
If crypto (BTC/ETH/HYPE/SOL) is going to have a good December, you want to be filling longs before the green candles emerge...
AND long Boros YUs so you don't lose any PNL to funding rate spikes!
BTC is a simple long to take now, with a clear invalidation if it loses the 87k level. Long it + BTC YUs for fixed funding and profit?
Remember: when you long a perp market in crypto, you pay the floating funding rate.
When you long YUs, you pay the Implied APR, while receiving the Underlying APR (floating funding rate).
If you long notional perp size and YUs at a 1:1 ratio, you pay in fixed funding!
Trade Idea #3: Short ETH YUs to profit from a hated rally?
Even with the market showing some signs of strength, ETH rates are still lower than HYPE/BTC rates on HL.
In fact, YU-ETH-USD (HL) has Implied APR higher than Underlying APR...
Which means ETH-USD YUs are currently paying out hourly profits to YU shorters!
Remember: token price action =/= YU price action.
With YUs, you're trading the movements of Implied APR and Underlying APR.
ETH could have a god candle to $10k overnight...
But if rates are negative because the candle's fuelled by shorts piling into a squeeze?
YU shorters STILL win.
When you trade YUs, there is both a price and time element to the trade.
Implied APR is your price. Underlying APR is your yield over time.
Nail these, and your Boros PNL will thank you.
TL;DR:
🔹If we get a bullish December, there’s no better way to trade it than with Boros YUs. Easiest move to make? Naked long YUs.
🔹Building up longs on BTC? Long BTC YUs to lock in fixed funding, saving you high funding costs.
🔹Think it’s a hated rally where shorts pile in, fuelling a squeeze? Short ETH YUs for both yield on Underlying APR + possible Implied APR profit.
If Santa’s coming with a rally, position for it on Boros today!
Shayne was an avid collector in the early days 2019/2020. He has a great eye and we would have quite a few bidding wars. I used to get so annoyed with his wins, now I applaud them.
Very important announcement! I have some IRL paintings for sale that would look amazing in your home. Please hit me up with any questions. I'm always happy to share more details about these paintings or any of the other artwork I'm sharing.
ICYMI: Banksgiving is live.
Earn mats from Nov 12 to Dec 12 when you deposit, borrow, and spend across the Bitcoin Stack with Mezo, @trylolli , @add_slice , and @taho_xyz .
Thanks, but no banks.
In almost eight years of constant presence in this space, I can say that I have seen many collectors and influencers come and go. While most artists, especially those from before 2021, are still here.
But there are also good, quiet collectors who have stayed, who don't need masses of followers, who don't preach certainties only to contradict them a few days later, who aren't interested in manipulating narratives, and this makes you think: perhaps their main business isn't exploiting the space but actually collecting digital art. Thank you for being here.
As Botto enters its 5th year of operation, it begins a new era of autonomy: No longer just generating images, but creating with memory, reasoning, agency, and voice.
To show all of this at work, we've created Botto Studio.
🧵
A milestone for BTCFi and Babylon. A new on-ramp for capital markets into BABY.
Baby BTC Strategic Capital, formed with the participation of Babylon Foundation, has signed a term sheet to acquire control of NASDAQ-listed ATA Creativity Global (AACG) through a $100M deal ($30M in equity, $70M in warrants).
AACG will adopt BTC and BABY as core treasury assets and support Babylon's mission to scale Bitcoin staking and BTCFi.