CryptoKitty2.0

What is the deal with Ovaltine? It comes in a round container, you put it in a round glass, why don't they call it Roundtine?”

[CryptoKitty2.0 @burma_big]

@danreecer_ @Polkadot @kusamanetwork perhaps its time to start shouting to the investment community that Polkadot is ESG friendly... please!

[CryptoKitty2.0 @burma_big]

FUD

[CryptoKitty2.0 @burma_big]

@garthtravers @synthetix The biggest thing to help the DeFI space would be to make the futures for each of the products so that you can dynamically create synthetic options as hedges for trading.

[CryptoKitty2.0 @burma_big]

@nyjethater @CoinbasePro supply is limited. shup up about this and do what you think is right next time.

[CryptoKitty2.0 @burma_big]

@garthtravers @synthetix interesting response. i missed that. thanks for letting me know. what about the larger issue of having certain assets outperform and cause those in other synths lose money because of that outperformance?

[CryptoKitty2.0 @burma_big]

@bankless
4. Report $45m loss.
5. Write off $18m - 40%
6. End up with $25m+63m+$18m write off = $106m
7. Gain $36m

[CryptoKitty2.0 @burma_big]

@bankless

NFT shit is a massive tax scam. Steps:

1. Buy beeple’s art for $70m. Have him live in a tax jurisdiction that does not tax crypto gains
2. Arrange under the table deal with beeple to recoup 90% of value - $63m
3. Sell asset at $25m or whatever the loss is

[CryptoKitty2.0 @burma_big]

4. Report $45m loss.
5. Write off $18m @ 40%
6. End up with $25m+$63m+$18m write off = $106m
7. Gain $36m from scheme

[CryptoKitty2.0 @burma_big]

@GbhoyDownUnder @CoinbasePro next is going to be $ENJ

[Heima @heimaNetwork]

🦖Show some love to our Polkapet LITENTRY! 🦖

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To enter:

🦩Follow @litentry

🐒Follow @PolkaPets

🐋Retweet this post!

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https://t.co/Vbb3lHiQp2

[CryptoKitty2.0 @burma_big]

@synthetix 7.Sell your position in the synth for 2-3x profit in Synthetix
8.Cover your position in the base stocks with 80% or so losses
https://t.co/EFHb5ddKhi back loans of synth
10. Profit in synth

[CryptoKitty2.0 @burma_big]

@synthetix 4.Take a long synth position in those stocks for $90m in synth
5. Use your other $10m in capital to run up the prices of those small cap stock(s) to 2-3x
6.The synth stocks prices goes up as the base stocks prices go up - you profit from the synth asset prices running up

[CryptoKitty2.0 @burma_big]

@synthetix What is this exploit?

[CryptoKitty2.0 @burma_big]

@synthetix Synthetix has a major economic exploit that a well-capitalized actor could easily take use to bring down the entire system.