irl with Saeed Badreg, CEO of Wormhole Labs and Sunrise contributor (@shadddowfax)
covering everything Sunrise, institutions in crypto, the age of AI, Mayan and much more!
key timestamps -
1:09 - the @Sunrise_DeFi thesis
5:04 - current problems launching onchain assets
7:50 - the Sunrise listing process
11:00 - why listing on @solana is important
15:39 - advice for teams thinking about TGEing
18:30 - crypto as a vehicle for diverse financial opps
21:53 - the institutions are here (and playing catchup)
25:17 - comparing past crypto cycles + the convergence
30:17 - the crypto and AI convergence
34:35 - glazing @mayan
36:16 - upcoming Mayan 2.0 launch (?)
36:55 - what is next for Sunrise?
38:05 - any more incubations similar to Sunrise?
38:50 - future of the crypto interoperability space
(recorded during the Consensus HK week)
In Pursuit Of Greatness: Meteora
“Meteora is not a team that sits back.
We want to challenge what’s possible.
We want to push forward what we can do on Solana.”
Meteora Co-Lead @0xSoju in conversation with @rachit, Growth Lead at Sunrise 🧵👇
"My personal goal this year is to facilitate a $100 million short on these AI models"
Soju from Meteora on the flywheel that will make shorting on these AI models like OpenAI possible.
"In traditional finance, for every dollar of spot volume, you have about three to four dollars of perp volume. The presence of a spot market drives the presence of the perp market. Solana is lacking strong spot assets in things that aren't available at all, which would let the perp teams take new risks"
"Meteora supports deep liquidity for OpenAI. With that, you can provide a perp experience superior to any platform in the world, because you can rely on the spot market for the pricing. You can build the best place to short OpenAI, not because I hate them, but because it's actually not possible to do so anywhere in the world right now"
SV151 is live on Solana via @sunrisedefi
preparing for a livestream with @0xSoju shortly to talk more about dynamic assets and the vision here
stay tuned on the Sunrise account!
$SV151 is now live on @Solana.
$SV151 by @MeteoraAG represents tokenized shares of sealed Pokemon SV151 packs, the set featuring the original 151 Pokemon, the OG heroes of the game.
Tradable now.
$SV151 is now live on @Solana.
$SV151 by @MeteoraAG represents tokenized shares of sealed Pokemon SV151 packs, the set featuring the original 151 Pokemon, the OG heroes of the game.
Tradable now.
thinking back to this announcement
i think its insane how much our industry has progressed in recent years
a few years ago, everyone was shit scared to even say the word "securities" and now we're bringing securitises onchain
Still fighting for GPUs in an overcrowded market? Stop dealing with opaque aggregators and crazy markups. 🛑
@ionet bringing transparency and the best pricing on the market:
⚡️ B300 @ $3.6/hr (4-week RFQ)
⚡️ B200 @ $3.3/hr (2-week RFQ)
stop waiting, start scaling.
Manual execution is your edge over the hedge funds.
Trizzy on why retail traders actually have an edge over hedge funds in this market
"TA has never changed, the same profitable strategy still works to this day. But to be profitable in this market, you can't trade automatic. You're not trading entry, stop, TP anymore using that RR tool and actually making money. It's so rare to have an edge trading like that now"
"The hedge funds and prop firms that came in, they can't use manual execution, they're in positions too large to exit right away. So you have an advantage, you can exit whenever you want. A winning trade is a winning trade, sometimes I'll take 1K points off a fast move. You now have to actually understand what the price action means in the moment"