bum farto

Anon After Alpha

[octopus/caveman @octopuscaveman]

Telling the barista at Starbucks i clogged the toilet as Im leaving

[Zach Rynes | CLG @ChainLinkGod]

Look guys, it's actually really straightforward, a bunch of people staked their ETH on the Ethereum blockchain to earn yield, except they didn't want their capital to be locked up, so they actually staked with a liquid staking protocol called Lido who provided them a liquid staking receipt token called stETH, except they decided to juice their yield further by depositing their stETH receipt tokens into a restaking protocol called Eigenlayer, except they didn't want to lock up their capital, so they actually restaked with a liquid restaking protocol called KelpDAO who provided them with a liquid restaking receipt token called rsETH, except they decided to juice their yield further by depositing their rsETH tokens into a lending protocol called Aave so that they could open a leveraged looping position that borrows ETH against the rsETH collateral and restakes the ETH into rsETH which is then deposited as collateral, except it turns out rsETH used a cross-chain bridge called LayerZero that was hacked by north koreans causing rsETH to become undercollateralized and now these looping positions are stuck and unprofitable, and everyone is pointing fingers at each other, and also DeFi is a very serious industry

[bum farto @pabduu]

@blockgraze With beef it’s a supply and input issue. Herd size can’t be easily spun back up after a contraction, so overall size has been declining over the years as herds have been reduced due to drought and more recently high input prices.

[*Walter Bloomberg @DeItaone]

STOCKX PARTNERS WITH KALSHI: INVESTORS CAN NOW MAKE BETS ON THE PRICE OF LABUBUS AND SNEAKERS - BBG

[Corey Hoffstein 🏴‍☠️ @choffstein]

50-year term on a mortgage should be like a one-time credit impulse into the housing market.

it should increase the present value of borrowing capacity – i.e. a permanently lower monthly payment per dollar of house.

and sellers will price to that new capacity.

so it's just going to be a "one-time" step change where we get higher housing prices.

and, of course, buyers get a stretched amortization curve, with slower principal paydown.

sellers get a mark-up in price.

buyers will accumulate less equity over time.

the whole system will have more leverage.

🫠

[bum farto @pabduu]

thanks monad

[bum farto @pabduu]

The lion zooms out and draws the line a little lower

[bum farto @pabduu]

see you on october 28th 🎁

[bum farto @pabduu]

🤔

[bum farto @pabduu]

Gm

[:) @smileycapital]

you guys ready?

[bum farto @pabduu]

@0xKNL__ That’s 99th percentile, no way you can’t call that good

[bum farto @pabduu]

@pt0kes It’s not a person’s wallet, it’s some sort of aggregator. Might be a fee payer based on quick Twitter search.

[bum farto @pabduu]

@MrMcGroin69 @nic_carter @butterhq If this is a couple then they would pay zero in capital gains in this scenario due to the home sale exclusion

[bum farto @pabduu]

@TheMisterFrog 1001 days in the life of a thanksgiving turkey