intrepid_user

Big DeFi and crypto guy. Focussed on fundamentals. Not financial advice.

[intrepid_user @intrepid_user]

@crypto_condom Ah gotcha, thanks

[intrepid_user @intrepid_user]

@CanteringClark Interested

[intrepid_user @intrepid_user]

Fortune Favours the Early. @TaurusLoans Coming Soon. #DeFi #Arbitrum #realyield @gmx_io @mycelium_xyz #18063857

[intrepid_user @intrepid_user]

@elephant_trunk @NorthRockLP These are all perp facilitated moves, just DCA into spot over a medium to long time frame

[intrepid_user @intrepid_user]

@IntrinsicDeFi Ambitious but even if a portion gets accomplished …. Oh boy

[intrepid_user @intrepid_user]

@IntrinsicDeFi God damn.

[intrepid_user @intrepid_user]

@dunleavy89 If rates go to 10%, the entire economy blows up

[intrepid_user @intrepid_user]

@IntrinsicDeFi Love that phrasing

[intrepid_user @intrepid_user]

@NorthRockLP What’s your take on long perp/short 2023 June future to receive funding?

[Lodestar Finance 🌟 @LodestarFinance]

1/5 Lodestar Finance is the money market protocol for every Arbi Maxi. Lodestar is the only Arbitrum native, permissionless borrowing and lending protocol that allows it users to leverage the benefits of Arbitrum's best protocols all within the Lodestar markets.

[intrepid_user @intrepid_user]

@PSYTWEAK @tanoeth lol

[intrepid_user @intrepid_user]

Treasury market completely fading this move and still predicting pivot.

One of these is wrong and it’s probably not treasuries.

[intrepid_user @intrepid_user]

Earnings steady *

[intrepid_user @intrepid_user]

We just eliminated the biggest source of vol. in this market (whether Fed pivots immediately in 2023 or later in the year) while inflation rolling over and earnings study

Repricing needs to happen but long r/r looks very good post-repricing

[intrepid_user @intrepid_user]

@dunleavy89 We just eliminated the greatest source of uncertainty in this market (whether FED pivots immediately or not).

Once the repricing is finished, this looks like a good place to long

[intrepid_user @intrepid_user]

@dunleavy89 It has to tank - medium term rates have to rise to account for changing expectations.

But now, we have (1) rolling over inflation data, (2) relatively O.K earnings, (3) no change in expected Fed terminal rate and (4) clearer timeline on rate cuts

[intrepid_user @intrepid_user]

@brokenutxo Should have read "high-ish"

Short perp, Long future in backwardation. Make $ when futures goes back to spot or contango post-merge.

ETH funding is a cost to this trade (if negative).

[intrepid_user @intrepid_user]

@brokenutxo As the merge approaches, this becomes more and more attractive for a basis trade.

Bit iffy right now because of the high-is negative funding for $ETH right now