It's not uncommon to get 25% APY from funding rates but getting in and out of positions can be a hassle.
That's why we created the BTX: it opens a spot + perpetual position so you can profit from the funding rate without directional risk.
@cryptocevo@basismarkets Cross cex delta neutral trade engine.
Team hasnt stopped deving for 3yrs.. Public release imminent.
Definitely worth spending 10mins to learn more about
1/ Welcome to your Weekly News Roundup
โ
Bitcoin surged to a new record high ahead of $100,000 late on Wednesday, reaching a high of $103,900. The rally comes after president-elect Donald Trump announced pro-crypto Paul Atkins for the role of SEC chairman.
So I tried to build a tech company from Norway and hereโs what happened:
1. Two years of building without almost any money/funding, better part of a year without salary
2. Raise VC and become one of Norwayโs first unicorns
3. Face unrealized gains wealth tax bill of many x my annual net salary. ofc the company is loss making and all the investors have preference shares so I canโt take out any money.
4. Call out publicly that this does not make sense. Independent of level, taxation needs to happen when you actually make money.
5. I move to Switzerland because no politician cares/listens.
6. I still donโt get any tangible and sensible answers to my criticism of unrealized gains tax, BUT I do get put up on the โwall of shameโ at the socialist parties officesโฆ
Iโm Norwegian and I love Norway but the socialist politicians are taking the country down a dark path. Itโs a real life Atlas Shrugged.
The past 3 Bull Runs changed my lifeโฆ
To help you manage and succeed in this Bull Run, I've put created a free ๐๐จ๐๐๐ on โ๐๐ผ๐ ๐๐ผ ๐บ๐ฎ๐ป๐ฎ๐ด๐ฒ ๐๐ต๐ถ๐ ๐๐ฟ๐๐ฝ๐๐ผ ๐๐๐น๐น ๐ฅ๐๐ปโ. ๐
If want to access it, I will send it to over ๐๐ just:
โขโ โ ๐๐ถ๐ธ๐ฒ this post to show your interest.
โขโ โ ๐๐ผ๐บ๐บ๐ฒ๐ป๐ with "DOGE" to confirm your participation.
โขโ โ ๐ฅ๐ฒ๐๐๐ฒ๐ฒ๐ to spread the word.
(Must be following)
Right, itโs live @ostium: https://t.co/1fwND3sYYu
Iโve got stuck into the weeds on all things financial deepening and packaged it in a way that helps you better understand shitcoins
This took me fucking forever to put together so pls RT if you enjoyed the read
๐ซก
You won't find another project out there this advanced. It will achieve what no other project of it's type has managed to do.
Public release is imminent, get on board now.
1/๐ Good evening yield hunters! No rest for the wicked.
We are nearing the end of an mad week at #basismarkets and have something to share.
Check out the sneak peek of our newly designed positions interface for the btx app ๐๐