Implied chance of full recovery for SVB assets: 37.5%
We can back it out of USDC price, live, in real time.
Here's how:
Fair value with full 8% loss = 0.92
Fair value with full recovery = 1
Current price = 0.95
Implied probability of full recovery = (.95-.92)/(1-.92)
= 37.5%
How do you know if a social app will be a "hit?"
Predicting what goes mainstream - and what stalls out - might seem random.
But after years of leading growth @Snap & investing in consumer social at @a16z, I've found early signs of huge products ๐
How to make an ERC20 token with access controlled functions!
Access controls are a flexible generalization of modifiers like onlyOwner(). They're useful for allow-listing some accounts for some functions, and different accounts for other functions.
https://t.co/HeJ6vxMMXb
And yes, I use everyday encounters to dream up ideas.
"Server, how much food gets tossed?"
"Doctor, what clinical trials aren't being filled?"
"Bar owner, what's this land used for during the day?"
"Dentist, what new equipment are you using?"
Opportunity is all around you.
Introducing Generative Love! ๐
https://t.co/TKPQSnNCAQ
Send adorable messages & cute images to tell friends, lovers, family, (and secret crushes) that you are thinking about them! Powered by @StableDiffusion & @OpenAI, in collaboration w @JvNixon. Spread your love!!
Russia offering $5k/month for 4 months to new military volunteers.
Maybe other countries could offer work visas & better comp+benefits to those people if they'd prefer other kinds of work ๐คทโโ๏ธ
https://t.co/OB5QxZDlIK
@TerraLUNADaily Would this also refund vaults like Kinetic & Mars that held a large amount of UST/aUST for many users with small amounts deposited in the vaults?