@0xxbeacon We were cooking so hard that we ended up cooked. We shall cook less in the future, or at least cook until it seems to be ready and eating it before it gets burnt. Just my humble opinion
its funny how everyone is dead silent, while we are witnessing the beginning of the alt season everyone was waiting for 5 years.
sure its not like 200 tokens are going parabolic, but you defo can take 10-15 names and hold them through 100-200% pure move with leverage on top.
"so you staked your ETH on the Ethereum blockchain to earn yield?"
"yes, Dave"
"except you didn't want your capital to be locked up so you actually staked it with a liquid staking protocol called Lido?"
"that's correct, Dave"
"and Lido gave you a liquid staking receipt token called stETH in return?"
"yes, Dave"
"and then you didn't think that was enough, so you juiced the yield even further by depositing your stETH receipt tokens into a restaking protocol called Eigenlayer?"
"you are correct, Dave"
"and now you didn't want to lock up your capital, so you actually restaked with a liquid restaking protocol called KelpDAO who provided you with a liquid restaking receipt token called rsETH?"
"you got it, Dave"
"and then that was surely not enough juice, so you then deposited your rsETH tokens into a lending protocol called AAVE so that you could open a leveraged looping position that borrows ETH against the rsETH collateral and restakes the ETH into rsETH which is then deposited as collateral, except it turns out rsETH used a cross-chain bridge called LayerZero whose security is held together by a 1/1 toothpick, which was obviously hacked by north koreans causing rsETH to become undercollateralized and now these looping positions are stuck and unprofitable, and everyone is pointing fingers at each other, and also DeFi is a very serious industry"
"you are 100% correct, dave"
jfc.
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@Stnxbt dude, it was just a normal question, i see that it is a back test data. my question is what is this tool you collected this data in, is it public or your vibecoded tool?
How not to run a country:
•Institute a bunch of ill advised half ass tariffs in attempt to force ROW to buy your stuff.
•Start ill advised half ass war so ROW goes to recession and can't afford to buy your stuff.
Trump/Bessent
one of the worst consequences of apps monetizing views is that *everything* is rage bait or fake now
I’m quite worried for society as AI will only worsen this
it’s not even just X. everywhere I look online now is heavily plagued with this
- go to war against a country of 91 million people because Israel tells you to
- have no plan
- bomb them, kill their leader
- they don’t surrender
- ????
- “keep bombing them I guess”
- be unwilling to provide ground forces
- Israel and allies won’t invade either
- “The Kurds will do it.”
- nothing ever happens
- Strait of Hormuz closes, oil prices go up
- Iran is now more pissed off than ever
- declare victory
- end the war
What was Trump thinking with this?