Andotlas

Founder of Cardinal | Disrupting Legacy Finance

Prev: Founder of Kwenta (Acquired by Synthetix)

[Andotlas @Andotlas]

@CL207 @The_Forty_Four its a really small stadium tho tbf

[Andotlas @Andotlas]

My whole thesis for being here is building with programmable money. I don't care if that's with a bank or a blockchain.

Find something people want that doesn't exist, and go build that.

[Andotlas @Andotlas]

I didn't realize how little the ecosystem understood looping.

[Andotlas @Andotlas]

Being pre-product right now feels like being stuck in the lobby of a battle royale fight, and everyone's getting wiped tf out.

[Andotlas @Andotlas]

Cardinal was absolutely made for days like today.

Looping, and most of DeFi, is going through a maturation phase.

Position accordingly.

[Andotlas @Andotlas]

@androolloyd I'm actually quite bullish on this. It's very unlikely to ever happen, but it would open doors to more flexible lifestyle builds and tax setups.

[Andotlas @Andotlas]

Ayyy we're at that part of the ai cycle already?

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Allbirds stock, $BIRD, surges over +200% after announcing they are pivoting from shoes to AI.

[Andotlas @Andotlas]

@litocoen Solved recently:

Italy does have s-tier coffee but it won't have the telltale signs you're used to. Look for a buzzing passticheria or caffeteria with a community/family vibe, dedicated barista area, and a big 'ol machine.

And instead of a cappuccino, get a doppio macchiato.

[Andotlas @Andotlas]

@CloutedMind "Nick is o̶n̶e̶ ̶o̶f̶ the best"
fixed it

[Andotlas @Andotlas]

Theoretical scenario:

Polymarket posts a market for whether target X will be found by a given date. FBI loads up the no side.

This effectively puts a bounty on someone's head for anyone who could find the target and win the market.

FBI VC capital coming soon.

[Andotlas @Andotlas]

@DeFi_Dad @edge_pod 🐂

[DeFi Dad ⟠ defidad.eth @DeFi_Dad]

🎙️ New @Edge_Pod

🤗 Why Onchain Options Are Finally Working: Derive's 90% Market Share and What's Next?

0:00 - Intro
2:27 - Betting on onchain options in 2021
4:10 - Largest onchain options exchange
5:28 - Building “the infinite payoff factory”
11:59 - Why they never pivoted to perps
14:00 - The inflection point
16:37 - How RFQ works for size
18:04 - Yieldmageddon
22:19 - Vaults to be built on Derive
24:17 - Is there an LP pool-style product?
25:17 - From Lyra's AMM to Derive's CLOB
28:20 - What markets are live today?
29:09 - Which networks Derive supports
30:26 - HYPE options driving new growth
31:36 - What if HL launched options?
35:53 - Options have strong network effects
39:17 - RWA options markets coming
44:14 - Who trades on Derive?
46:13 - Growth charts
48:43 - Why options are countercyclical
51:09 - All value flows to DRV
55:08 - Synthetix’s acquisition proposal
57:43 - How big can Derive get?
1:00:27 - What's next?
1:02:03 - Closing

🙏 Thanks to @DeriveXYZ CoFounder & CEO @nickforster for joining us!

[Andotlas @Andotlas]

@mastermojo83 @DeriveXYZ How are you supposed to feel alive if there's no liq risk?

[Andotlas @Andotlas]

This is cool, but as a founder, this sounds like self-incarceration, and I would rather just raise a normal round.

You frequently need to change fundamentals in a business; it's extremely rare that a pure waterfall trajectory works.

[DeFi Dad ⟠ defidad.eth @DeFi_Dad]

In the early 1900s, the Dodge brothers sued Ford for spending 10% of revenue on charity, instead of maximizing shareholder value.

They won and established corporations must act primarily in the interest of shareholders.

According to @TheiaResearch, this is why @MetaDAOProject exists, as a tokenholder protections platform.

[Andotlas @Andotlas]

I watched 15 minutes of this and stopped because it was so bad...

[Polymarket @Polymarket]

BREAKING: One Battle After Another wins the Oscar for Best Picture, as predicted by Polymarket.

[Andotlas @Andotlas]

@nickforster I'm so aligned rn 😤

[Andotlas @Andotlas]

@TheiaResearch Nick mentioned 🚨🕶️🚀

[Andotlas @Andotlas]

@defiprime You probably need to rebrand to tradfiprime mate

[Andotlas @Andotlas]

Derive to 20b

[Andotlas @Andotlas]

Wut

[Polymarket @Polymarket]

JUST IN: Sweden urges citizens to keep a week’s worth of cash at home in case of major global crises.