fadetospace.eth 🦇🔊

In a time of drastic change it is the learners who inherit the future

[fadetospace.eth 🦇🔊 @fadetospace]

Web3 applications and Darwin: a shift in technological evolution 🧵

[Invisible Friends @InvsbleFriends]

Golden Friend sold for 469.69Ξ
100% to charity
https://t.co/9PNY6tYXYX

[fadetospace.eth 🦇🔊 @fadetospace]

Ahh, this is what I hope the metaverse will feel like! Thanks @Hlebaster ;)

[fadetospace.eth 🦇🔊 @fadetospace]

@OrlandoGomezzz @FlowerGirlsNFT

[fadetospace.eth 🦇🔊 @fadetospace]

@EB7 No deadfellaz?? 🧐

[fadetospace.eth 🦇🔊 @fadetospace]

@holly_longoria @Deadfellaz welcome to the horde! 💚

[fadetospace.eth 🦇🔊 @fadetospace]

@parissolati @joso8181 @RooBoy15907513 @BoredApeYC my personal favorite, it's called @flooredApe

[fadetospace.eth 🦇🔊 @fadetospace]

@joso8181 @RooBoy15907513 @BoredApeYC Whale in the making, 0.89 floor value already - gotta love the web3 community!

[fadetospace.eth 🦇🔊 @fadetospace]

@packyM people want big headline valuations… good for setting stock options, good for marking returns on investments

[fadetospace.eth 🦇🔊 @fadetospace]

@amritpaldesign dm sent!

[Markus Magnusson 🤝 @MotionMarkus]

💘

[Stephen Ong @stephenonguk]

Amazing end to the week!

'Corporate Explainer' my first piece on my new FND collection was picked up by @fadetospace for 0.6 ETH

✌️thank you for supporting my work ✌️

[fadetospace.eth 🦇🔊 @fadetospace]

@gigioambro Sure, but you can only have this kind of assumption if you look at other variables and think about valuing the protocol with some other mental model. My point here is just that this dcf can't possibly have a dollar value for eth since all of the revenue is paid in eth...

[fadetospace.eth 🦇🔊 @fadetospace]

ETH is a great asset, but be careful with DCFs. A short thread on the problems bakend into @ryanallis model. @bankless 🧵

[fadetospace.eth 🦇🔊 @fadetospace]

@chadbensonw @bankless @ryanallis @AswathDamodaran these are my 2 cents on it
https://t.co/CHiJCDTXAR

[fadetospace.eth 🦇🔊 @fadetospace]

ETH is a great asset, but be careful with DCFs. A short thread on the problems bakend into @ryanallis model. @bankless 🧵

[fadetospace.eth 🦇🔊 @fadetospace]

@DeFi_Keith @ryanallis @bankless you're exactly right - there is an inherent circularity in the model.
https://t.co/CHiJCDTXAR

[fadetospace.eth 🦇🔊 @fadetospace]

ETH is a great asset, but be careful with DCFs. A short thread on the problems bakend into @ryanallis model. @bankless 🧵

[fadetospace.eth 🦇🔊 @fadetospace]

@Cryptovesty @bankless @ryanallis exactly! it's weird that this wasn't mentioned... did a short thread on this point https://t.co/CHiJCEb0CR

[fadetospace.eth 🦇🔊 @fadetospace]

ETH is a great asset, but be careful with DCFs. A short thread on the problems bakend into @ryanallis model. @bankless 🧵

[fadetospace.eth 🦇🔊 @fadetospace]

@AdrianoFeria @bankless @ryanallis With 40mm eth staked, validators will have an all in yield of around 6,5%. With 65mm eth this comes down to ~5%. If yield come down, stakers unstake and yield goes up again. Of course, some directional bet on eth will always be a part of this equation

[fadetospace.eth 🦇🔊 @fadetospace]

@AdrianoFeria @bankless @ryanallis the model doesn't run any sensitivities on the amoun of eth staked -> this should balance out with a yield that's attractive enough relative to other market opportunities

[fadetospace.eth 🦇🔊 @fadetospace]

@AdrianoFeria @bankless @ryanallis exactly, there is no single source of truth. you must understand the strenghts and limitations on the analysis you're making -> https://t.co/CHiJCDTXAR

[fadetospace.eth 🦇🔊 @fadetospace]

@bankless @ryanallis Be careful with models! Short thread on the problems baked into this type of analysis
https://t.co/CHiJCDTXAR

[fadetospace.eth 🦇🔊 @fadetospace]

ETH is a great asset, but be careful with DCFs. A short thread on the problems bakend into @ryanallis model. @bankless 🧵

[fadetospace.eth 🦇🔊 @fadetospace]

At the end of the day, eth will have value if there is demand for the product it is selling (block space). Beware of MBAs brandishing their models as a source of truth. DCFs are like the Hubble Telescope. Move your settings by an inch and you end up in a different galaxy

[fadetospace.eth 🦇🔊 @fadetospace]

btw, I'm very bullish on eth here. The burn and the staking rewards make for a very sound monetary policy for this nation of ours. But seeing the way this DCF is being treated reminds me of Dennett's quote "There's nothing I like less than bad arguments for a view I hold dear"