Ian Lee

General Manager Signum Capital • Partnering with early-stage founders & evaluating new protocols • Exploring what’s next in crypto

[Ian Lee @IanLeeWeb3]

@KenomicAI Fair point. Automatic execution is really the difference. If governance can pause the buyback exactly when conditions get uncomfortable, the market can’t price it as a reliable source of demand. Aave is a good example of why the mechanism matters as much as the headline.

[Ian Lee @IanLeeWeb3]

AAVE is starting to look less like a governance token and more like an actual bet on the economics of onchain credit. If borrowing accelerates in a bull market while buybacks keep absorbing supply, the token finally has a much cleaner value accrual story.
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[Axel Bitblaze 🪓 @Axel_bitblaze69]

In a bull market.. $AAVE may be one of the few coins that directly benefits when everyone gets greedy again…

because in a bull market, people don’t want to sell their $ETH

they deposit it into Aave, borrow stablecoins against it and use that money to buy more coins, farm yields or fund other positions…

more greed means more borrowing.. and more borrowing means more fees for Aave.

and this is already a serious business.. Aave has processed over $1T in lifetime borrows, while lenders have earned around $1.9B in interest.. crazy

the problem was always the token. Aave could grow while $AAVE remained mostly a governance coin with barely any reason to buy it..

that part is now finally changing.

the DAO has already spent around $42M buying more than 205K AAVE from the market.. That is roughly 1.28% of the entire supply acquired in under a year.

so the loop now looks much better now:

- people borrow more
- Aave earns more
- part of that money buys AAVE

and lower emissions mean less AAVE coming back onto the market

then you have V4, which makes it easier to launch new lending markets without splitting liquidity everywhere.

Horizon lets institutions borrow stablecoins against tokenized real-world assets.

and GHO gives Aave its own stablecoin, creating another source of revenue for the protocol.

so its product has already proven itself.. now i believe in this bull market.. the token finally has a reason to follow.

[Ian Lee @IanLeeWeb3]

@KevinWSHPod Finding the winner early is hard. Sitting on your hands after finding it might be even harder.

[Ian Lee @IanLeeWeb3]

@LukeMikic21 Changing your mind when the data changes is healthy. Constantly changing the level that would make you change your mind is something else.

[Ian Lee @IanLeeWeb3]

@BSCNews @BinanceUS Removing one more piece of friction matters. Apple Pay to crypto in a few taps is a much easier onboarding experience than waiting on a bank transfer.

[Ian Lee @IanLeeWeb3]

@BaleYoba That’s the interesting part: stablecoins don’t necessarily weaken dollar dominance. At scale, they could actually export demand for dollars and Treasuries to a much larger on-chain economy.

[Ian Lee @IanLeeWeb3]

@Matt_Hougan Exactly. Previous cycles required believing in what crypto could become. This one increasingly lets you invest in what’s already working.

[Ian Lee @IanLeeWeb3]

@LarkDavis Waiting for $50K is fine if you’re equally comfortable watching BTC run without you. That’s the part people usually forget.

[Ian Lee @IanLeeWeb3]

@coinbase The hardest part was never understanding Bitcoin. It was buying when nobody felt comfortable doing it.

[Ian Lee @IanLeeWeb3]

@CryptoTice_ Japan spent years building the regulatory rails first. Now that licenses are moving again, the interesting part is how quickly institutional liquidity follows.

[Ian Lee @IanLeeWeb3]

@MartiniGuyYT 59.5% feels like the real pivot. Hold it and BTC keeps leading. Lose it convincingly and ETH plus higher-beta alts suddenly get a much more interesting setup.

[Ian Lee @IanLeeWeb3]

@Aster_DEX Using 99% of platform fees for buybacks while matching it with burns from team allocation is pretty aggressive. Much more interesting when token value accrual is tied directly to real platform usage.

[Ian Lee @IanLeeWeb3]

@pete_rizzo_ If even a handful of countries follow the US reserve playbook, sovereign demand becomes a very different catalyst than the ETF flows we’ve been watching.

[Ian Lee @IanLeeWeb3]

@trading_axe The biggest mistake here is probably overcomplicating the trade. Stay exposed, buy real weakness, avoid unnecessary leverage and let the market come to you.

[Ian Lee @IanLeeWeb3]

@TheDeFinvestor Being slightly underexposed is a much better problem than getting overexposed because of FOMO. Buying weakness while keeping some cash for a deeper reset makes sense here.

[Ian Lee @IanLeeWeb3]

@phantom Not great for Sui distribution, but the real test is where these users go next. If native wallets absorb them smoothly, the impact could be pretty limited.

[Ian Lee @IanLeeWeb3]

@cryptorover $20M realized and then straight into $100M at 40x is wild. At that point risk management matters more than whether the next directional call is right.

[Ian Lee @IanLeeWeb3]

@Pi_CoinMagazine Good milestone. The bigger signal will be what developers actually build once the contract moves to Mainnet.

[Ian Lee @IanLeeWeb3]

@StonkChris Probably the most underrated edge in crypto: once the trend is confirmed, stop trying to trade every 5% move and let the position work.

[Ian Lee @IanLeeWeb3]

ETH/BTC breaking out after months of underperformance is worth paying attention to. If this isn’t just a short-term rotation, it could change where risk and liquidity flow across the rest of the market.

[That Martini Guy ₿ @MartiniGuyYT]

ETHEREUM IS STARTING TO OUTRUN BITCOIN

Ethereum has spent months lagging Bitcoin.

That may be changing.

The ETH/BTC ratio has now formed a bullish golden cross, with the 50-day moving average rising above the 200-day.

And ETH has already gained roughly 25% against BTC since its June low.

This matters because ETH/BTC strips out the broader crypto market move.

It tells us where capital is actually rotating.

If the ratio continues higher, Ethereum could have significantly more room to outperform Bitcoin.

And this is happening while institutional interest in ETH is also picking up.

July saw spot Ethereum ETFs attract more capital than Bitcoin ETFs, another sign that the market may be starting to reprice ETH differently.

Bitcoin can still go higher.

But the bigger question now is whether Ethereum is about to steal the spotlight.

Im watching ETH/BTC very closely. 👀