Windy

Humble farmer reaping what I sow

[Windy @looking_onchain]

Crypto is a game of attention, if you can give yours to the right place before everyone else you can win this game

RWA, AI, Meme’s, Utility, L1’s, L2’s, DeFi - they all have their time in the sun at some point, and afterwards they ALL lose it to something else

Each cycle gives ample opportunities to you if you know what to look for. What’s next? No idea, but at some stage DeFi will make a come back

My money is on the return of the algo-stable, specifically Pinto. Why? Here’s 10 reasons:

1) 3 years of building has gone into this version

2) The codebase has been heavily audited publicly ($1.2M Immunifi bug bounty)

3) It’s a fork of Beanstalk, which was exploited via governance hack, it did NOT death spiral or die due to a bank run, so economically the modal has not yet been tested enough to call it a failure

4) It’s proper DeFi - not a ‘company’ and it has no ‘treasury’, and DeFi has not yet had its time in the sun this cycle

5) It taps into a major crypto pie, stablecoins are the third biggest sector of crypto behind BTC and ETH, so there is plenty to go around

6) Built on @base, a leading L2 and keeps security of L1 ETH

7) Most advanced implementation of an algo stable to date on any network

8) Built on economic first principles

9) No locks, no collateral = low friction, high capital efficiency

10) All newly minted Pinto goes back to depositors/creditors - benefits only those with skin in the game

Follow if you want to see this 12k account (started at 10k) run up to $1M based purely on the expansion of the Pinto ecosystem.

[Windy @looking_onchain]

the new and shiny thing is here, time to make DeFi great again https://t.co/uOYwFrgdv8

[ben weintraub (1≈1) @bwein_]

Modern markets are fundamentally extractive

We've spent three years rewiring them from scratch

One core feature is everyone deploying their own bots without code or infra

Here's a first look @SynchronicityHQ We're looking for strategists to test drive. Reply for early access

[Windy @looking_onchain]

@TopherField Literally started reading that book 3 nights ago

[Windy @looking_onchain]

@brane_trix @Jrodtus @scupytrooples @LiquityProtocol @pintocommunity you might like this https://t.co/2mJS43eP0l

[Windy @looking_onchain]

@scupytrooples @brane_trix @LiquityProtocol @pintocommunity great read on low volatility money among other things https://t.co/2mJS43eP0l

[Windy @looking_onchain]

yeh I was there, very exciting times.

Credit creates the ability to borrow money from the future, probably one of the greatest monetary inventions of all time, what needs to change isn't credit itself, but whether the money created is put to productive use or non-productive use.

Credit enables wealth creation when used for good, and boom/bust cycles when used for bad.

We don't want to replace it, just use it better

[Windy @looking_onchain]

@brane_trix @scupytrooples @LiquityProtocol @pintocommunity yeh, which is why $1 USD is ideal, 300B+ stables on chain and growing - the demand is there

[Windy @looking_onchain]

@scupytrooples @LiquityProtocol @pintocommunity So true

Could one interpret flatcoins to mean low-volatility coins?

Imagine you could have both, you’d have the demand for US dollars (proven pmf) + flatcoins (low volatility)

Add ETH nativity and problem solved?

[Windy @looking_onchain]

Liquity is amazing, but the carrying costs can never compete with the USD. All collateralised stablecoins share this problem - inability to scale. The only viable option is to eliminate the hard peg and use CREDIT to help stabilise price, @pintocommunity seem to be the only ones doing this

[Windy @looking_onchain]

@JohnRuddick2 @LibertariansNSW @JohnLarter000 Couldn’t listen, too many ums

[Windy @looking_onchain]

@pintodotmoney Have you guys ever thought that maybe the current protocol implementation doesn't need more development, but instead more participants? Maybe shifting focus towards increasing users and protocol awareness might help?

[Windy @looking_onchain]

@somnicore Have you tried https://t.co/tFJirmvyE7?

[Windy @looking_onchain]

@VitalikButerin @colludingnode any thoughts on an algorithmic stablecoin that is backed by credit? https://t.co/fEjvztKmR6 for instance?

[Windy @looking_onchain]

@escrow1of1 @gusik4ever check it https://t.co/te1fyxRFRt

[Windy @looking_onchain]

@CaldronPool X already blocks the use if VPN’s in Australia, there is no workaround. The UN already has the power to block any website at the DNS level. X is working with the govt’s of UK, AUS, Canada, NZ and the US to help balkanise the internet . It’s all a show

[Windy @looking_onchain]

@TheWhiteWhaleV2 Awesome work with your shitcoin bruv, now imagine what you could do with a PvE project that creates value natively on the blockchain...

[Windy @looking_onchain]

@CloutedMind @scupytrooples Same goes for stablecoins…

[Windy @looking_onchain]

hey @AskVenice Australians can no longer access https://t.co/tFJirmvyE7 without a VPN fyi

[Windy @looking_onchain]

@LizSward @CaldronPool personal experience living in an Aboriginal community and via the stories of others who have had similar experiences