Bennett Victor

[Bennett Victor @BennettVictor_]

@mattyklein_ I’m confused. Who are you saying we need to sacrifice?

[Bennett Victor @BennettVictor_]

Tough to know if you’ve been rugged or if you’ve rugged yourself.

[Bennett Victor @BennettVictor_]

@mgnr_io Have witnessed this too many times in another mkt and frankly still blows my mind

[Bennett Victor @BennettVictor_]

@mgnr_io What’s the rational as to why rent seeker #1 pays rent seekers #2+ instead of eating it all himself?
1.) some reg arb / funds can’t just vwap Coinbase?
2.) Arn’t incentivized enough to care about incremental bps?

[mhonkasalo @mhonkasalo]

In my latest research piece, wrote about the early LP data on Uniswap v3 (unlocked by @ambergroup_io)

TLDR; still a work in progress, but early signs show that Uniswap v3 capital-efficiency is a benefit to traders.

A few highlights in the thread 👇.

https://t.co/HgTZfnD8bd

[Bennett Victor @BennettVictor_]

@hasufl Doesn't the above example lead to more negative externalities / state bloat? Does this make sense?

[Bennett Victor @BennettVictor_]

@hasufl 3.) Me and other market makers compete to increase the size we show to increase our pro-rata allocation, and remove all liquidity once we get filled in enough size to complete the arb

[Bennett Victor @BennettVictor_]

@cmsholdings @austerity_sucks @cmsintern @loomdart Is he looking for an intern?

[Mike McCaffrey @McCaffrMike]

Check out @EricNewcomer's Vc/startup newsletter

Wouldn't be able to find this interview with @bgurley anywhere else

@AdamScochran supported @TheBlock__'s great work so I'll pay it forward

RT and I'll randomly choose 5 people to gift 1yr memberships to
https://t.co/XWY4g2T1PX

[Bennett Victor @BennettVictor_]

@hasufl Selling the covered call is not at all free money right? Many ways to think about: but for example if BTC moons to $500k in Sep 2021, and crashes to $200k by Dec21, you will not have been exercised on your call, and missed selling $300k?