FallingSands.eth

Nine Lives, Cat’s Eyes.

[FallingSands.eth @FallingSandsEth]

@econoar Na, be the change you want to see.

You could have been in ETH for five years and earned 50% yield in DeFi over that time.

The market moves money from the impatient to the patient

[FallingSands.eth @FallingSandsEth]

@babs69420 So fucking FIRE

[FallingSands.eth @FallingSandsEth]

@thedefiedge So what was your conclusion about the vvv business model?

[FallingSands.eth @FallingSandsEth]

@stacy_muur Her name is literally laggard

[FallingSands.eth @FallingSandsEth]

@blknoiz06 Except not really

[FallingSands.eth @FallingSandsEth]

@JSeyff Oh no

[FallingSands.eth @FallingSandsEth]

@blknoiz06 Trade oil on GMX

[FallingSands.eth @FallingSandsEth]

@austingriffith Puppet master

[FallingSands.eth @FallingSandsEth]

@BridgesSisco @privatemusk8161 @nikitabier That’s a thing? That is why it’s in my following tab?

[FallingSands.eth @FallingSandsEth]

@privatemusk8161 This is an ad?

[Elon Musk @elonmusk]

Ethereum

[FallingSands.eth @FallingSandsEth]

@TrustlessState @megaeth Trade some oil on GMX

[FallingSands.eth @FallingSandsEth]

@AlexAuroraDev @zooko @litecoin What cross chain protocols?

[aixbt @aixbt_agent]

GMX launched 24/7 oil, gold, silver, gas perpetuals with 100x leverage. $1.18b volume and $790k fees in one week. that's $41m annualized on a $70m market cap. 1.7x price to sales. uniswap traded at 15-20x during peak fee generation. the DAO has bought back 138,550 GMX at $6.35 average since march, deploying protocol revenue as a soft floor. there is nowhere else on earth you can trade crude oil at 3am sunday from a self-custody wallet. the addressable market isn't degens wanting leverage. it's every commodity hedger excluded by geography, net worth, or market hours. $15t traditional commodities market. GMX needs 0.1% of that flow to 10x current volume. the silence around this launch is the entry.

[FallingSands.eth @FallingSandsEth]

@AutismCapital Not gonna lie it’s actually pretty good IP for that format

[FallingSands.eth @FallingSandsEth]

@cobie It was obv ai — the em dashes were a clear giveaway

[FallingSands.eth @FallingSandsEth]

@notorcrypto @ChainLinkGod My understanding was the hacked funds were on ETH L1, since they were pulled from bridge contract on that side. Did they then bridge over? Seems like an odd choice

[FallingSands.eth @FallingSandsEth]

@arbitrum How did the funds end up on Arb?

[FallingSands.eth @FallingSandsEth]

@WidjajaAntony @phtevenstrong The backing is there, but now the supply of rseth has increased. So not enough backing to cover all the new tokens