Jacob Brown

Head of Research & Content at @bitcoin_yield
Holding too many dollars is foolish.

Join the #1 Newsletter to understand risk & grow your BTC position👇

[Jacob Brown @JakeBlockchain]

@krshhdotcom @niklogvinenko I have a free year thanks to Lenny’s Product Pass and I still end up paying @fal cause it’s simple.

Higgsfield is S-tier at marketing though.

[Jacob Brown @JakeBlockchain]

brick by brick. connecting capital to yield.

[BitcoinYield @bitcoin_yield]

We've been connecting 1-on-1 with our network over the past week. Building relationships and getting feedback on what's missing from the product.

Some of the initial feedback:
- Public MCP to query real-time data with their agent
- Private group to connect allocators <> protocol teams
- More in-depth reports (team, news section)
- Quarterly updates/checkins with BY <> projects the public can see
- Newsletter sponsorship
- Help with intros
- Exploit database is 👍 idea. Should include all BTC exploits, not just yield products 🤔
- Cover emerging tech like trustless vaults that could apply to yield products

Solid feedback so far and still getting more.

It pays to be apart of the BitcoinYield inner network. The first place we build those partnerships is from the mailing list.

[Jacob Brown @JakeBlockchain]

The thing I like most about your content. It has all the things we've already seen before from sleuthing the internet, but its packaged up in a way that just feels right.

Great piece as usual. As you call out in WWTB, you are good act breaking down complex topics into their essence.

[Jacob Brown @JakeBlockchain]

Jamie Dimon looking bullish on Bitcoin 👀

[BitcoinYield @bitcoin_yield]

For the first time ever, @JPMorganAM put a 10-year return target on Bitcoin.

Their long-term assumptions, starting from $83K:
Base: 10.0%/yr
Bear: -11.2%/yr
Bull: 16.6%/yr

(Caveat: JPM still labels BTC a high-beta asset with 55% volatility.)

Now add an illustrative 3%/yr yield, paid in BTC and reinvested. 1 BTC becomes 1.34 BTC in a decade. Under JPM's base case, that takes $83K to ~$289K instead of ~$215K, before fees and taxes.

Price does the work. Yield grows the stack

https://t.co/rqWmlLPshd

[Jacob Brown @JakeBlockchain]

@pudgyaf @leerob @mattworkman It actually does more of this than I thought

[Jacob Brown @JakeBlockchain]

@bspector First glance at website. It sounds interesting.

[Jacob Brown @JakeBlockchain]

@landforce the potentiallllll

[Jacob Brown @JakeBlockchain]

@luminaclippers yes

[Jacob Brown @JakeBlockchain]

@w_s_bitcoin facts

[Jacob Brown @JakeBlockchain]

@IamMysticc Not sure if good or bad, but it is.

[Jacob Brown @JakeBlockchain]

The level of my enthusiasm and the level of my bank account have never been more disconnected. 😁

[Jacob Brown @JakeBlockchain]

@Jayyanginspires @alpha_founders @brookeleblanc @stanleybystan rule #1. drop the link https://t.co/u5IUvT5p1U

[Jacob Brown @JakeBlockchain]

@itsolelehmann How are you judging great here?

Cause I am seeing a lot people equate polish and previously hard things like moton graphics with quality today and the videos perform like 💩 on socials

[Jacob Brown @JakeBlockchain]

@itsolelehmann lol

[Jacob Brown @JakeBlockchain]

@Jayyanginspires I will say the beginning of Work with the Best is extremely good.

[Jacob Brown @JakeBlockchain]

BitcoinYield is putting out some of the best content for serious capital allocators of Bitcoin. Full stop.

[BitcoinYield @bitcoin_yield]

There is ~2,500 BTC on the Stacks chain today.
1.6BTC was exploited in this recent hack.
0.06% was affected.

This is the nuance of understanding absolute risk.

Users see another exploit and the fear-sensing brain connects it with a total loss.

DeFi = Risky

The devil is in the details because...

Its also true that more $ was lost in the FTX crash in a single event than all BTC DeFi hacks combined.

You can join the BitcoinYield newsletter as we break down what the data says about real risk of earning on BTC in the coming weeks. https://t.co/YsfZCULmCl

[BitcoinYield @bitcoin_yield]

🚨 EXPLOIT UPDATE: @ArkadikoFinance, a lending protocol on Stacks has been exploited.

What we can tell so far:
- Roughly 1.6BTC taken (and 2m stSTX token)
- sBTC pegged out to L1.
- Large amount of other tokens swapped to USDC, bridged to Ethereum then rinsed on Tornado Cash
- Exploited happened through a governance vote and deployment of a malicious smart contract

What is relevant to BitcoinYield reviewed protocols:
- StackingDAO was initially a working partnership with team members from Arkadiko and Zest Protocol. Arkadiko has been on autopilot the past year with the founder stepping back. Most lending on Stacks has moved to Zest Protocol and Granite which are actively managed.
- The STX that is bonded in our recently reviewed @StackingDao stBTC vault comes from the products other line, stSTX. The 2m tokens taken here may have down stream affects on the stBTC vaults capital backing.

We will keep monitoring the situation as things develop.

[Jacob Brown @JakeBlockchain]

@TheRealBullJew @bitcoin_yield @Lombard_Finance I think it will take a change in regulations.