gryfto

Focus on your career because crypto is a scam

[gryfto @gryfto]

@AltAssetAnon @Collector_Crypt pop 23 lowkey irreplaceable, but im open to hearing offers

[gryfto @gryfto]

@AltAssetAnon I got the kangaskhan in a 10 shoutout @Collector_Crypt

[gryfto @gryfto]

1m is the new 100k

[gryfto @gryfto]

@FrostBallin Accumulate BTC, sure the upside is lower but can’t go wrong with BTC

[gryfto @gryfto]

@LeoFragrance69 @retardmode time to dust off the retardios

[gryfto @gryfto]

@blknoiz06 what does bro mean

[gryfto @gryfto]

@LeoFragrance69 link and chill

[Leo @LeoFragrance69]

you can have a bad day every single day until its finally your turn.

if you never stop showing up, eventually you gonna catch the one that changes everything.

and from then on u just keep winning.
like it was always ur destiny to win.

what actually changes in this moment is ur mindset.

[gryfto @gryfto]

@blknoiz06 Net World Order

[gryfto @gryfto]

@farokh gud tek

you can read ansems thesis here https://t.co/gorUZMut7X

[Ansem 🐂🀄️ @blknoiz06]

$NET Thesis | $1057 | $57M FDV | $6M circ | $4M treasury of USDG + RWAs

(🥅, 🥅)

novel defi mechanism on Robinhood

$NET is the reserve share backed by at least 1 USDG of the protocol's on-chain portfolio, NetNetCapital accumulates productive assets like stablecoins and stocks through a few different mechanisms

pays out 1.2% per day to $NET stakers if NAV is 1.75x underlying treasury, currently trades at about 11x treasury, treasury has been growing substantially faster than the 1.2% $NET issuance

• 5% trading fee on all $NET purchases, goes to stablecoins in treasury

• bond issuance, allows people to buy $NET at a 8-12% discount by giving USDG, capped at a certain amount each day, protocol uses this USDG to accumulate tokenized stocks for the RWA-sleeve of the treasury

• protocol has different minigames where you can speculate to win more NET, fees from all of the games add to treasury reserves

• founder has done few interviews saying they've spoken with RH team on working together in future, previously worked on NBA topshot one of crypto's most successful consumer apps

• pseudo-options protocol at https://t.co/REhxkt22Rm where ppl can earn high % returns betting on up/down of stocks

• working on on-chain mini-game mmorpg similar to DFK

-----

believe this is one of the most interesting spots on Robinhood chain, have been saying that my thesis for this cycle is memefi, combination of gamification + interesting on-chain financial mechanisms on top & this is clearly that with RWAs baked in

2020/21 defi cycle crypto had a lot of interesting onchain experiments, didnt have as many last cycle, there will be a lot of ETH whales who find this protocol and are interested imo, last cycle Blast got ~2.4B in stablecoin deposits, recently Plasma got 1B in deposits in a week, there is a lot of capital looking for new protocols to play with onchain when they do pop up

@NetNetCap

[gryfto @gryfto]

@LeoFragrance69 @base same shit different day 😪

[gryfto @gryfto]

@TMtheOG good luck bud

[gryfto @gryfto]

@printmilio @SolanaDali 😭

[gryfto @gryfto]

@AshCrypto wonder what happens if btc price goes down after getting the mortgage

[gryfto @gryfto]

@CookerFlips ????? lmaooo

[gryfto @gryfto]

@ItzTokes @chameleon_jeff how.. it costs me like 2$ to swap

[gryfto @gryfto]

@snipersback Yooo printmilio trying to reach you can you unblock him

[gryfto @gryfto]

@KayTheDoc yeap, I missed my sons entire first year as I was trenching 14 hours a day

high key worth it for financial security

[gryfto @gryfto]

@0xEnjooyer lmao