@nikitabier says he knows how funnel tweaks will affect conversion ahead of the data, but Microsoft found PMs are no better than chance at guessing A/B test results. Is any company succeeding at running prediction markets for this stuff?
you can now Batch Sell up to 20 tokens at once to USDC via @CoinbaseWallet!
it's the quickest and easiest way to clean up your wallet 🧼
👇 here's the how-to; drop your feedback in the thread!
@CoinbaseDuck@hishboy We got you in the release next week, no need to delete. For those that did custom theming in base app we needed to make a dedicated fix to get their icon updated
@0xGlamor@coinbasewallet@nobody_nh67200 any seed phrase or credential you used for Base app will continue to work on Coinbase Wallet. no merger. DM me if you need help happy to walk you through anything
And yes technically all submissions to AMMs are limit orders that protect against slippage, but I'm talking about resting limit orders. @baseapp ahead of this trend. Stay tuned for more tooling for advanced traders
Limit orders only occupy 3% of onchain trades. Compare this to brokerages where I literally get a warning when I submit a market order. As equities+RWAs move onchain and DEX trading matures, expect this 6% number to 10x to converge with brokerages
I'm also reminded of @matt_levine 's 2021 article advocating for narrowing the trading window. Interesting to see how we balance the need for liquidity correlation and minimizing information disparity with the need for 24/7 liquidity https://t.co/BHLHnc096p
Let's quantify how much value tokenized equities create. Let's assume that whenever anyone buys or sells equities at the open, they would've transacted earlier if they could. The market's closed 81% of the time so on-average someone trading at the open had to wait 20 hours to execute. How costly are those hours? Well, if I'm buying at the open, I missed out on the price action for these hours. If we assume equities outpace overnight rate by 4% per year, that's 1 cent for every $100 invested. While it's true that lots of open buys are efficient and not from idle cash (rebalancing), lots of open buys are people investing money they receive after close. That money is waking up
Stocks have been updated
Coinbase Tokenized Stocks are live on Base
- Available 24/7, 365
- Composable across Base DeFi
- Own the underlying share held in a regulated trust, backed 1:1
Live now, with new stocks coming soon