@bit_hedge The daily implied vol from now until right before FOMC will keep getting higher and higher as time passes. By tomorrow early afternoon, you'll probably see close to 100vol. This is what happens unless you look at event-free vols.
I received an email titled "π You don't need Matt Damon to invest in Crypto." Let's breakdown Yieldstreet's predatory and misleading marketing that targets minimally informed potential crypto investors. (1/n)
This is not the first time YS has used predatory marketing techniques to attract interest for their products. In the past, they have failed to conduct proper due diligence and have had several TradFi investments fail completely by partnering with scammers. (10/n)
Predatory investment marketing at its finest from Yieldstreet. Highlights: Marketed as 25%+ net annualized return, 20.5% of portfolio is Cardano, Yieldstreet has no directional exposure and charges 1.5% mgmt fee @ben_mckenzie@BennettTomlin@CasPiancey @nope_its_lily
@BennettTomlin TL;DR He's trying to get someone to suggest an amendment that says 'When cooking pasta, require salting water before boiling" but no one will.
@mdudas TL;DR This is a funny joke, essentially pointing out the fact that he gained weight during Covid so can't fit into his suit but combining the currently much discussed moonbird NFT making so many waves in the NFT market with its inventive and innovative nesting (1/2).
@BennettTomlin TL;DR Clearly this is an allegorical tweet where the pasta is algorithmic stablecoins and the salt is whatever is providing the backing for the stablecoin. But I think this isn't quite as nuanced a take as Bennett thinks, completely neglects FRAX right?