infinexis (🤔,🤔)

DeFi strategist. Software engineer.

Studies Ponzinomics, game theory and market narratives.

Follow for wisdom, Alpha & crypto commentary.

[infinexis (🤔,🤔) @infinexis]

@CryptoWithNick @FuzzleOfficial @EndlessAi @GoGalaGames @riotgoools I needed to tag someone in this giveaway and chose the maker of my favorite NFTs on Fantom 😅😁

[infinexis (🤔,🤔) @infinexis]

@hoemcrypto @LiquidDriver What are the fees? Surely they aren't going to auto compound tokens for free.

[Captain Rational 🧮📐✏️ @noahseidman]

All I want is an exchange where I can buy an unchanging, undiluting % of the protocols revenue stream... Imagine an early purchase of 1% of $veCRV that cannot be taken away, or diluted by whales 😳

Folks have tried, but it's a shame nothing like this exists at all.

[W3G ® @w3g_io]

✨ A new concept is emerging from the Layer 2 narrative — 𝑳𝒂𝒚𝒆𝒓 3.

🤓 We’re ready to explain it in the easiest way we can. Keep reading.

👇

1/14

[infinexis (🤔,🤔) @infinexis]

This is a great overview of node tokenomics.

tl;dr
They're driven by ponzinomics, and when people stop buying the house of cards falls down.

They discourage selling and emissions, but only few try to be sustainable by investing in other things. Success is varied. Buyer beware.

[Economiser @economiserly]

Despite the demise of $ring, node projects have been surging in defi in 2022.

As an econ nerd, I’ve taken a deep dive into the tokenomics of node projects.

Here’s what you need to know.

I hope this information helps you evaluate good projects from bad.

🧵

[infinexis (🤔,🤔) @infinexis]

@OptimalCrypto1 @phtevenstrong I dont think youre going to get the response youre looking for.

Crypto is littered with irrational hardcore libertarian types who want no rules or boundaries until the lack of said rules and boundaries end up hurting them specifically.

Many folks cant see beyond their own nose.

[infinexis (🤔,🤔) @infinexis]

@JackNiewold @ArifOyong @knowerofmarkets Lmao I love how one of the smartest people I follow is equally bewildered as I am.

If this space has this much drama and twists, I don't know how to trust any thesis I make. Even if it makes sense there's always a black swan around the corner. I have trust issues now with crypto

[infinexis (🤔,🤔) @infinexis]

@xyzmoxi Yup, if these are the best devs web3 has to offer, we're all NGMI.

[infinexis (🤔,🤔) @infinexis]

@KingsFantom That announcement that they are 'terminating' projects is criminal and meant to induce panic.

The smart contracts are all still immutable and live. Other people can take over the frontends.

Clearly they just wanted to short the market and then FUD it to pump their bags.

[infinexis (🤔,🤔) @infinexis]

I'm convinced now that Web3 is full of devs who behave like little children.

Where is the professionalism? Where is the handoff and reassurances to stakeholders?

None of that, it's 'screw you all, I'm tired and shutting down everything, enjoy the market tank I've created'.

[Anton Nell @AntonNellCrypto]

Andre and I have decided that we are closing the chapter of contibuting to the defi/crypto space.
There are around ~25 apps and services that we are terminating on 03 April 2022.
1/3

[infinexis (🤔,🤔) @infinexis]

@0xTimekeeper @kamikaz_ETH You can't convince a maxi to stop fudding the threats to their own bags. Extreme myopic points of view require them to fight everything that is contrary to their thesis in order to prevent cognitive dissonance. Being a maxi requires constant mental gymnastics.

[Night Owl @NightOwlCapital]

Those of you who follow me/read our substack know I’m all about fundamental research.

What you don’t know is my favorite type of investment isn't actually the long-term HODL.. it's the event-driven trade.

In this thread, I’ll go over how to spot them and give 3 examples. 🧵

[infinexis (🤔,🤔) @infinexis]

@MJthePopstar I don't see any benefit to holding just BTC. With wBTC I can collateralize it on Abra at 0 interest and gain yield on it while waiting for it to appreciate. BTC itself sitting in a wallet is an unproductive asset.

[ProtoFi Ecosystem @ProtoFiProtocol]

#ProtoFi offers now the #highest APR on a $MIM pool in the whole #DEFI ecosystem.

The APR will increase from 19% to 29% in less than 2days because of the current votes in the beta #GAUGE proposal.

#Retweet to win $500 $PROTO #Giveaway

@solidlyexchange who? $SOLID $SEX

[infinexis (🤔,🤔) @infinexis]

@crypto_condom If you want people to take this seriously, you're going to have to elaborate instead of saying 'coins went down therefore coins are bad'.

[infinexis (🤔,🤔) @infinexis]

@0xgaut When the concept of decentralized identity usage and management became concrete and usable with @signinwitheth . No more login with email, Facebook, Google, all this centralized cruft no one wanted just to use some random app. Just auth with an address you own.

[PreExponential @PreExponential]

1/26 THE EPIC TAX GUIDE THREAD

From my upcoming free guide—Understanding Nodes

This is largely based on @koinly's Ultimate US Tax Guide (& other sources)

I was just going to include this section in my guide but it's SO topical, I felt compelled to post it now.

Please RT! 🧵👇

[infinexis (🤔,🤔) @infinexis]

@JackNiewold The difference is that you present an actual thesis outlining why something is a good investment. This is important.

Without a well connected train of thought, one is just a monkey brained moonboi.

Threadorrs are a different breed from echo chamber one sentenced parrot people.