• Yet Another ANON •

DeFi research - Risk analysis

[Artem Oak @Artem_Oak]

You can make a difference. $ENA

[OAK Research @OAK_Res]

https://t.co/4Vn59EXqNI

[Artem Oak @Artem_Oak]

Trying to find a balance between technical posts and value provided to people that want to invest is hard

So here's one of the technical articles we've written in a while, hope you enjoy

$ETH

[Lilian @LilianAliaga_]

En regardant cette image, je me suis rendu compte qu’on était vraiment en train de construire quelque chose de bien plus grand qu’un simple média.

En seulement 7 mois, 377 nouveaux commits, 20 nouvelles fonctionnalités. Voilà tout ce qu'on a implémenté sur @OAK_Res_FR.

Notre métier reste la recherche. Mais autour de ça, on est petit à petit en train de construire une plateforme ultra complète pour les investisseurs.

1) Alpha Feed : Des mini-articles rédigés par notre équipe pour partager nos analyses, nos insights, nos stratégies de yield, nos opportunités d'airdrop et nos convictions de marché.

2) Portefeuille : Un suivi complet de nos allocations pour comprendre comment nous utilisons nos recherches pour prendre des positions.

3) Monitoring : Un outil d'alertes des principaux événements de marché, comme les hacks, mouvements de whales, unlocks, gouvernance, etc.

4) Hyperliquid : Listing des marchés HIP-3 et HIP-4, trading directement depuis OAK et dashboard complet de données pour les traders.

5) Yield DeFi : Un dashboard des meilleures opportunités de rendement, avec comparaison des pools, analyse du risque et sélection des meilleures stratégies.

6) Et des dizaines de petites améliorations qui rendent la plateforme plus agréable à utiliser au quotidien : recherche globale, URL unique pour chaque Alpha, Alpha épinglée, filtres par catégorie, rafraîchissement des données en temps réel, amélioration du OAK Index, récapitulatif quotidien de l'actualité, intégration des actifs TradFi, etc.

On vient même de lancer un programme d’affiliation qui permet à n’importe qui de créer son lien et de gagner de l’argent à chaque nouvel abonnement.

Et tout ça avec une petite équipe, un seul développeur, sans levée de fonds et en autofinancement depuis trois ans.

Quand je vois ce qu’on a livré en quelques mois, je vous le dis, je suis heureux du chemin qu'on a parcouru.

Donc merci encore à ceux qui nous suivent et nous soutiennent et un immense bravo à toute l'équipe qui bosse quotidiennement sur OAK Research.

@Artem_Oak @MaximilienP51 @oak_intern @DecryptTV @_prenomnom_ 🫶

PS : Vous avez -25% sur l'abonnement avec le code "LILIAN25" sur l'abonnement OAK Premium, le lien est ici : https://t.co/huxirhsRs8

[Artem Oak @Artem_Oak]

After watching @coffeebreak_YT's video covering $STRC I asked myself the question "is it really a ponzi?"

After talking about it in the @OAK_Res chat, we decided to look into it a bit closer

Huge analysis by @_prenomnom_ out now

[OAK Research @OAK_Res_FR]

https://t.co/yHTQbyUUbF

[OAK Research @OAK_Res]

https://t.co/CO475evUzF

[OAK Research @OAK_Res]

https://t.co/UzNjZdQjAW

[OAK Research @OAK_Res]

🟣 We have modeled what we believe is the best buyback mechanism for @ethena.

In our latest study, we created and analyzed 6 buyback scenarios to propose the most relevant model for Ethena.

Our primary criterion was that $sUSDe must maintain a yield +7.5% higher (1.075x) than Sky’s $sUSDS to remain competitive.

One mechanism stood out, S6, because it solves the structural problem of the Fee Switch.

The yield of $sUSDe is naturally volatile, and it frequently happens that the competitiveness criterion is no longer met. In a traditional model, this means the buyback stops as soon as rates compress, creating an intermittency that disappoints the market.

To mitigate this problem, S6 relies on a two-tier engineering approach.

First, the introduction of progressive brackets allows the protocol to adapt to the market phase by only collecting 5% to 25% of the surplus yield.

This approach is crucial as it allows for preserving the natural volatility of $sUSDe yield without ever impacting its competitiveness.

Then comes the heart of the system: the reserve.

Rather than spending everything immediately, each collection is split in two. 50% is used for the direct buyback of $ENA, while the remaining 50% feeds a treasury.

This system allows for accumulating dollars when the $sUSDe APY is high and redistributing them (at a rate of 0.5% / day) when the criterion is not verified and the buyback is no longer supposed to be permitted.

Why is this model relevant?

▫️ Continuity: By smoothing out cycles, it ensures an active buyback 95.3% of the time, whereas models without a reserve stop as soon as rates compress (active ~30% of the time).

▫️ Purchase optimization: The model accumulates dollars during periods of euphoria to deploy them massively during normal periods, stabilizing the average acquisition price at $0.451 over the period.

▫️ Anti-volatility: It eliminates the risk of intermittent buybacks that "disappoint" the market as soon as they stop.

However, this is not a miracle solution in the current environment.

Our preferred scenario, like any buyback model on Ethena, needs a period where the $sUSDe APY explodes to fill the reserve.

Currently, this is not the case. Without this prior accumulation, the buyback volume would remain derisory, approximately 0.1% of $ENA's daily volume.

This is insufficient to guarantee both a real impact against massive emissions and the promised buyback continuity.

If you want to understand each scenario in detail and check our quantified results, the full analysis is available below ⬇️

[Grand Angle Bitcoin @GA_Bitcoin_]

Depuis quelques jours, ça y est, le nouveau président de la Réserve fédérale américaine a été nommé, Kevin Warsh. Et pour la première fois, un banquier central américain est ouvertement favorable à Bitcoin.

Ça y est, l’invention de Satoshi est reconnue au plus haut niveau de l’establishment américain, et pourtant, le prix baisse…

Dans la vidéo du jour, @RichardDetente explique pourquoi cette nomination, positive pour Bitcoin en surface, se révèle en réalité bien plus subtile, et même négative à court terme.

🔗 https://t.co/Z8zvMVV5sd

[OAK Research @OAK_Res]

https://t.co/crR0gjyFbF

[Artem Oak @Artem_Oak]

Several days of preparation, 10+ hours of drafting the application, but here we are.

I am proud to share that @OAK_Res_EN has applied to become a member of the @ethena Risk Committee.

We want to bring a more transparent, data-driven, and analytical approach to Ethena's governance. You can read more about our application in the QRT.

Huge job by @_prenomnom_, @tx_analysor, @LilianAliaga_ and myself. Looking forward to the election process that will start shortly. If you are a holder of $ENA and $sENA, please consider allocating your voting power to us.

We will do our best to bring Ethena's vision to life.
We have never deviated from our thesis on the protocol.
We have continuously covered all the Ethena's evolutions.
We are committed to the best execution and governance decisions for the community.

Let's ride.

[OAK Research @OAK_Res]

https://t.co/kCc6kxP5K1

[Artem Oak @Artem_Oak]

🚨 WE DID IT

OUR 2025 REPORT IS OUT NOW - BOTH DIGITAL AND PHYSICAL VERSIONS ARE LIVE NOW

I can't thank enough the people that made it possible.

First of all, our own team @OAK_Res_EN with @LilianAliaga_, @oak_intern, @MaximilienP51, @tx_analysor, @_prenomnom_ and myself.

We also got to work with absolute chads from @castle_labs and @hazeflow_xyz for the first time on such a banger.

I really hope we can find long-term alignment with these guys because it was such a pleasure to close over 2K comments on the gdoc at 2am in the morning, I'm pretty sure it's not our last collab after everything we went through to release this report.

Huge shoutout to their teams @0xAtomist @francescoweb3 @noveleader @paramonoww @Stingertwts @Ishita_30

There is a lot to say about this report but for now I'll enjoy a few hours of rest. CHECK IT OUT NOW I SWEAR TO GOD IT'S WORTH IT

[• Yet Another ANON • @_prenomnom_]

@mariusoffchain @lendasat When thread about Arkad asset ? 👀 https://t.co/vuGzR0xggu

[OAK Research @OAK_Res]

https://t.co/k1bB0JaOcc

[• Yet Another ANON • @_prenomnom_]

@DocMarmott Comme pour Usual (par expl) uniquement les acteur WL peuvent accéder au marché primaire et mint/burn à 1:1

[Stani @StaniKulechov]

The Potential of Aave V4

https://t.co/5SKYvTJMw6

[• Yet Another ANON • @_prenomnom_]

I just published 21 Million… And Then What ? https://t.co/mE0b6ZXijH

[• Yet Another ANON • @_prenomnom_]

@0xdominus @LilianAliaga_ @pendle_fi