CryptoQue2

Options Enthusiast

[CryptoQue2 @CryptoQueDawg2]

@ossingerj @kkrader Looks good but i prefer to look at DINE <GO> prepared by P Elliot

[CryptoQue2 @CryptoQueDawg2]

@ossingerj @crypto @markets Nice article Joanna

[CryptoQue2 @CryptoQueDawg2]

@s_m_i Do tell who? Is it in SG?

[CryptoQue2 @CryptoQueDawg2]

@CryptoHayes Ur Savage! 👍

[CryptoQue2 @CryptoQueDawg2]

@CryptoHayes These are very thoughtful and inspiring words.

[CryptoQue2 @CryptoQueDawg2]

@ossingerj @AkshayChinchal4 @technology @crypto i didn’t know technical analysis worked for crypto. I used to think so until it kept saying buy from december 2021 to recently

[CryptoQue2 @CryptoQueDawg2]

@s_m_i not sure todays entitled 20year olds will like this. oops i might get cancelled.

[Defi Detective @DefiDetective7]

Junior derivs q:

A defi options protocol offers a product with a 30% KO and a 90% KI with 1mo expiry on a worst of basket of BTC (70v) and ETH (85v).

Under the hood, they lend out deposits uncollateralized to instis and charge you 2% management + 15% performance. @bennpeifert

[CryptoQue2 @CryptoQueDawg2]

3/This bring me to something I have been thinking about. The current launched DeFi Options vaults have no one with real options experience. This must be why they products are so basic. They also always have someone else discuss options for them...........Amateur hour for sure

[CryptoQue2 @CryptoQueDawg2]

2/ From what i recall (hv 20+years TradFi experience) a 2year & done (left firm) TradFi Structured Products person only learned how to get coffee, lunch order & send termsheets.Typically they spent 3-6months in a trainee program. Many 2year &done people were asked to leave.

[CryptoQue2 @CryptoQueDawg2]

I need to research this more but at first glance the DeFi Detective brings up some key points. I was wondering how they had such a surge in TVL so quick. From what I read the main founder had 2 years experience on the structured products desk of a Global bank.

[Defi Detective @DefiDetective7]

I ask @cega_fi :

Why is a market maker that bids on your auction the biggest depositor in your protocol? 17/n

[Defi Detective @DefiDetective7]

Why would any sensible person do this and pay @cega_fi 3.5% in fees?

To trick users into trusting the protocol.

Maybe to incentivize users to lend them more capital to borrow? Maybe to pump their bags?

It’s unclear exactly how much TVL is being churned like this. 16/n

[Defi Detective @DefiDetective7]

Let's look one step further. The biggest depositor is 3mrFA..., who has $6M in deposited funds. This is the same address as the market maker who has been winning most of their auctions, receiving a total of $18M of loans from @cega_fi . 16/n

[CryptoQue2 @CryptoQueDawg2]

@s_m_i not an issue for me

[CryptoQue2 @CryptoQueDawg2]

@PAVGOD but then i would have to focus on my own issues......

[CryptoQue2 @CryptoQueDawg2]

@s_m_i it is a great podcast and i really like what you have done with the whole crypto thing. Much props to you and your team. Clients globally are buzzing about it. Nothing but respect and admiration. RQQ

[CryptoQue2 @CryptoQueDawg2]

@s_m_i @hgmiller29 @AgilePeter wasn’t the pursuit of happiness in san francisco not new york city?

[CryptoQue2 @CryptoQueDawg2]

@TransmuterVault You have a telegram?

[CryptoQue2 @CryptoQueDawg2]

@TransmuterVault This just compounds the issue