SLVR Vaults are live
Starting with a hedged NVDA vault that earns trading fees from the NVDA/USDG pool
Vaults are the first of our RWA-enabled DeFi products, with more tokenized vaults and products to follow
Each one grows the mine
I’m so distant both idelogically and practically from all the drama and infighting and echo chambering on the timeline.
The scarcity mindset and vamp culture at this stage of the cycle is particularly appalling to me.
1) Robinhood and Solana will both do just fine. Different targets. Rwa tokenization is clearly the future, and both Stonk reflection model and Long pairings will be fulcrum. Fuck https://t.co/KTp1qd7Xs3. They keep selling millions of Sol dunking on your heads and promoting vamp culture, even Solana istelf is distancing and nudging towards Stonk.
For all these reasons, I DO feel like Robinhood IS an easier and more aligned playground, where you really are still incredibly early and backed by a massive company retail facing mith 30 million tttad gamblers ready to hop the chain. More innovation, more alignment, better protection and support for new products.
2) Majors are revving up their engines. I still have a big chunk of my portfolio in the same 4 coins I’ve had for the last 2 years: HYPE, ZEC, ETH and VVV. Some alt charts are pornographic. People are underestimating how high these can go in a proper bull.
3) Never underestimate how poor of a trader most are, and how broke they are too. Most if this nonsense comes from the need of handouts and under the desk deals and the fucking Elon Bucks. I don’t even have the monetization on for this account 😂
4) You’ll be wrong a lot. I know I am. All the fucking time. Who cares. I got rugged half a dozen times already last two months, on one of my favouritr things out there I got rugged twice ffs. Who cares. You are given a blessing of a market where you can swing 10 times, fail 7 for 1 and hit the other 4 for 5 to 100. Where the fuck else do you get this kind of blessing.
In the end, it boils down to: do you wanna be right or do you wanna make money?
5) read my pinned tweet again and go in peace. Stop this nonsense. It’s bad for your bags, for my bags, and for everyone’s desire to be in crypto in the first place. There’s a lot to be grateful for right now.
Go out and seize the memes of production 🫡
LongX Update
with an additional bootstrap support ~10% of LongX TVL is now paired with AI, equal to $200k worth of LongX Spot perps added to the AI liquidity network.
Here’s what that means for AI:
More activity on NVDA3x, OpenAI and Anthropic pairs drives buying demand for AI.
As NVDA gains value, leverage amplifies those gains in NVDA3x, strengthening AI’s link to NVDA.
And as OpenAI and Anthropic pre IPO perps gain value, AI’s backing grows with them.
best advice i have rn -
this is the type of market where you need to stop fkn shitting urself
do whatever u do and get rid of that ptsd...idk like go to an exorcist or something
nothing is guaranteed...everything is a gamble...but u only get these opportunities once every few years
u gotta ask urself
what would u be more upset at...roundtripping (which u literally do all the time anyway) or selling too early and missing out on life-changing gains (how many times have u made this mistake? much less i would guess)...
therefore imo ur mindset should be to take the chance on the thing you have very little chances to take on
i'm not talking about specific coins, i'm not advocating for taking zero profits (u should absolutely take profits, initials etc)
but i am advocating for having a big chunk of risk on (with money u can afford to lose) and taking a chance - especially if this is not ur first cycle and u have screwed up previous cycles
ur chance is here once again
stay safe, stay disciplined
good luck
@Route2FI I’m a man of nostalgia and still love WIF and POPCAT from last cycle. $wifout and solana:BT845WxZtv9qmmEiGXB9rueBi1LT1ViHr6gbYx142FFP pay both and add buy pressure to the coins. Dropped straight to ur wallet.
I think the discourse on AI & @longdotxyz has focused too much on the liquidity angle lately (which was for sure underdiscussed prior to that) and not enough on the reflexivity and how long coins are the purest form of belief assets and a natural continuation of what has been, versus an echo of past games.
reflexivity is key and for AI the reflexivity is enforced in the asset itself: higher price, more volume, more NVDA locked, more influence, more liquidity, more volume etc...
what we'll see happen imo:
1. The number of AI holders onchain continues outpacing the number of NVDA holders onchain
2. Stocks voting will come out --> AI holders realize that they need to act as a shareholder to strenghten their influence --> shareholder participation goes up --> importance of AI holders in the NVDA economy goes up --> more interest for AI --> flywheel
3. Reflexivity will cause explosive upward price movement when a certain threshold is reached, reinforcing the belief and becoming a self-fulfilling prophecy
imo AI & the long eco have already passed the threshold where reflexivity starts to kick in. you can see that from diverse stats on holding behavior & attention @0xkioto and @ArtofConviction have been putting together
now it's a matter of being patient as catalysts come out (stock tokens voting, us release, more CEO interacting with long coins, cycle continuation) and not get shaken out
cuz if you believe in the above, then you should know that these coins have no ceiling, and 2024 was a test pump
gme & spx6900 ran so ai can fly
s/o @YoniCombinator whose been talking a lot about these mechanics
gLONG some updates:
1. We entered a sprint where we are going to push a bunch of fixes on the webapp over the weekend (faster loads, wallet connection fixes, trading, and generally making the experience on long much smoother)
2. We are also going to push "PVE" feats like ticker locks much further the goal is to make sure an average trader on LONG will never get into a pvp (not just the same ticker but even similar semantics, images etc) this is more like a dynamic proactive approach a cybersecurity team would take your ability to counter threats is mostly a byproduct of how fast you can tweak stuff in an evolving adversarial environment.
3. VERY important I already went on calls with a bunch of teams and am reaching out to more of them. LONG is not a launcher but an incubator our goal is to make sure top pairs and their teams have a clear direction around how to differentiate themselves and build a unique offering (think the YC of RWA pairs where every pair is like a startup that needs to build its own moat) will get to more teams stock by stock.
4. Once we get onto stable ground we will start pushing very aggressively on new feats including more compounding flywheels for AI and other pairs. BUT I do think flywheels (aka meme fi) work the best when dist is getting stronger. This is why I'm spending time getting on pods spreading the msg.
There is still an extremely big pocket of sideline capital within crypto that can be onboarded into LONG.
Hopefully within the next few weeks we can start breaking out of CT native dist and start onboarding completely net new flows this is the main way I think about "PVE" making the pie bigger and it has been our north star since day 1 (the thesis is that stock pairs are a new form factor that can break out of CT)
This will be the 1-1000 moment for LONG.
you are simply not getting lower prices, we had the worst cross-asset underperformance in crypto's history while stocks went parabolic & bottomed on the worst public industry sentiment in years
OGs waiting for 4 year cycle bottom are going to chase this rally, & crypto starts to look very attractive as a momentum trade for tradfi guys looking to diversify their exposure & but also for LT portfolio allocations as a hedge against the US' fiscal irresponsibility