Joe Hoffend

Director Product Manager Web3 @ Figure. Crypto/DeFi/Stocks - Click the linktree for podcast & blog!

[Joe Hoffend @joehoffend]

After using multiple prediction market platforms, here are some product ideas that I feel would improve the user experience:

[Joe Hoffend @joehoffend]

YLDS is a strong and differentiated product. This article breaks down how it can be useful for earning yield on idle cash and how dynamic of an asset it is.

[Figure @Figure]

https://t.co/XkQRcYrqUo

[Joe Hoffend @joehoffend]

@zoozai_invest We are working to improve this, please let me know your challenges and what else you’d like available and I’ll see what I can do!

[Joe Hoffend @joehoffend]

@NathieVR

[Alex @ajak1033]

The Spurs know how to TAKE the lead, they just don't know how to HOLD the lead. And that's really the most important part of the lead: the holding

[Joe Hoffend @joehoffend]

Doesn’t feel like Bitcoin gets over 100k again until there is a quantum plan

[Joe Hoffend @joehoffend]

@aayushtrades @Figure Huge

[nic carter @nic_carter]

Though I am sympathetic to my Zcash supporting friends, I view the selloff in reaction to the Orchard bug as a good thing. Not because I dislike zcash. Because it means that markets are finally pricing fundamentals.

In the past when consensus bugs, exploits, chain splits, 51% attacks occurred the market would typically shrug them off. If anything they were perceived as bullish and sometimes the coin would rally in reaction. More eyeballs was the thinking.

This is a bad state of affairs and I’m glad markets are starting to price risk properly. My guess is that ZEC was due for a pullback due to the large rally recently and its price was somewhat tenuous anyway, which exaggerated the impact.

But either way I think it’s right that markets have started to take notice of security fundamentals. Zcash admirably took risk to create new privacy primitives and they should be applauded for that. Zcash is the originator of deployed ZKP and deserve endless credit. But privacy is also fundamentally more risky in blockchains because it trades off against auditability. Both Monero and Zcash have had historical inflation bugs (patched). These are particularly scary in privacy focused blockchains because inflation is much harder to detect.

The problem with markets not punishing exploits is that it means they also don’t value chains with ironclad track records of security. Exploits being punished by the market also implies that security, credibility, stability and auditability should be rewarded. This is a good, healthy feature of the market.

Now should chains _not_ take risks? Also no. Bitcoin (and every blockchain) will have to take some controlled risks as we move away from ECC towards a new era of cryptographic agility. I am also grateful that blockchains like Zcash have created new primitives and tested them in the most unforgiving market imaginable.

I sympathize with my Zcash friends and I’m sure they will recover just fine from this like they did the Sapling bug in 2018/19. Onchain privacy is a valuable goal and enormously hard to pull off.

[Joe Hoffend @joehoffend]

Woah!

[CoinDesk @CoinDesk]

NEW: Andrew Yang's Noble Mobile has acquired crypto-powered wireless carrier Helium Mobile, combining Noble's mobile service business with Helium's blockchain-based wireless network.

[Joe Hoffend @joehoffend]

“If you don’t know where the yield is coming from, you are the yield.”

Not with $PRIME. It’s 100% real yield generated from @Figure home equity lending. Head over to @HastraFi today

[Joe Hoffend @joehoffend]

Congrats to @lui1of1 @ExponentFinance v2 is so awesome 👏 🔥

[RockawayX @RockawayX]

Our curated @Figure USDC Main vault is now live on @Morpho!

Use your $PRIME (issued by @HastraFi) as collateral and borrow USDC directly against it.

Access - https://t.co/cJM6B04Cps

[Joe Hoffend @joehoffend]

@reidlikeabook @aaronxkong @HastraFi @Morpho

[Joe Hoffend @joehoffend]

Juicy yield, your way

[Pendle @pendle_fi]

A new RWA category arrives!

Introducing @HastraFi PRIME (Aug 2026).

Real yield backed by real-world Home Equity Lines of Credit (HELOCs) lending 🏡

[Joe Hoffend @joehoffend]

Get in there

[Hastra @HastraFi]

The @SentoraHQ PRIME Main Vault absolute cap on @Morpho has increased by 30M.

More PYUSD capacity is now available for users looking to access real HELOC-backed yield through Morpho vault infrastructure.

Demand for risk-adjusted exposure to PRIME on Ethereum is booming.

[Joe Hoffend @joehoffend]

@mcagney @SiliconHBO

[Joe Hoffend @joehoffend]

if ya know ya know

[RockawayX @RockawayX]

We're excited to now be providing market-making and prime liquidation services for $PRIME on Ethereum & Solana, helping keep the asset close to NAV.

Doing so supports viable borrowing and looping for the asset while giving users the best secondary market spread possible during normal market conditions.

After experiencing the power of $PRIME ourselves in our curated vault efforts, putting firepower behind the asset was an opportunity we had to jump on.

Congrats to @HastraFi & @Figure, here's to more expansion!

[Joe Hoffend @joehoffend]

@mcagney “Auto sweep my idle stables into $YLDS”

Dollar cost averaging: “Buy $50 of $HASH every Friday”

“Generate me a report of all new RWAs every week”

[Joe Hoffend @joehoffend]

@mcagney No assets idle - find and utilize the best strategy for each token in my portfolio. Lending out tokenized equity, rotating stakeable assets into LSTs, etc.

Ability to set rules: “Take moderate risk and beat SOFR by 7%, don’t use protocols less than 6 months old”

[Joe Hoffend @joehoffend]

@mcagney Wallet should allow for intent based inputs. IE: “I want to go 5x long Bitcoin with a stop loss of 10% and a take profit of 20%”

“I want to bet on ‘X’" and it finds the prediction markets this is possible in

[Joe Hoffend @joehoffend]

Toly gets it

[toly 🇺🇸 @toly]

👑👑👑