Everyone as happy, fat, and complacent as suckling pigs.
Unnoticed as they suckle on the teat of alts - the Ethereum Foundation shipped $90mm to Kraken to sell and the Bitfinex whale claimed $2b in ETH margin longs, most likely with the intent to quietly exit stage left.
@DegenSpartan We analyzed 24K wallets providing liquidity in uni v3, measured net profits per wallet and found no evidence that automated LPs perform much better than lazy LPs
~50% of wallets losing money in uni v3
Right side shows profitable (green) vs. unprofitable (red) LPs per pool
i present to u the most important NFT. RT for a chance to win one of ten exclusive #McRibNFT
no purch. nec. 50 U.S./DC, 18+ only. winners need crypto wallet to receive NFT. rules: https://t.co/2QRhsPlpur
1/ On Making It
Are we GMI? Are we NGMI? Are we WAGMI? What does Making It mean?
I present below the 6529 GMI Framework (tm, all rights reserved, (c) 2021, 😂)
Frameworks are just a tool. None are 'right'. This is just how I think about it.