SUMMARY OF FED DECISION (9/16/2026):
1. Fed hikes interest rates by 25 bps for first time since July 2023
2. The decision was made in a 12-0 unanimous vote
3. Fed says the decision will support a "timelier" return to 2% inflation
4. Median Fed forecast shows one more 25 basis point rate hike in 2026
5. Fed says job gains are strong and the unemployment rate has "changed little"
6. "The Committee will deliver price stability," the Fed's statement says
Higher for longer is back.
@tonyolendo@0xAishwary True, volume is key. I have been looking into AMMs, especially for Uniswap, and this is a solid idea for emerging markets like ours in Kenya. It would really provide businesses with stability when approaching the currency conversion.
So my good friend @0xAishwary tried to be a professional market maker for FX. He got hit with impermanent loss because of the need to constantly rebalance the position due to price changes, these are not trivial problems.
“I got hit with IL. This means either I need to correlate the pool with live rates or I will keep losing to IL and on the other hand keep generating fees but this is the same classic issues where if IL> Fees generated I keep losing money.” - @0xAishwary
ViFi Labs is optimized for FX trading and we breakdown exactly how we are 90% cheaper than traditional AMMs. Don’t be like my paaji here, just use ViFi 😊
https://t.co/bX0W2lWRvs
speculative hype. Therefore the DeFi valuation of token can be compared with a share price of a bank, but limited to specific protocols. @RufasKe thoughts?
In traditional finance, a bank's capacity to expand its loan portfolio and net interest margin (NIM) is comparable to a DeFi protocol and I will use an example like Aave @aave . Aave's Total Value Locked (TVL) is similar to a bank's large deposit base and outstanding loans
and a claim on future profits. Just as a bank's share price falls due to high Non-Performing Loans, Aave's fundamental strength is compromised by a significant TVL drop or security breach, highlighting that core metrics tied to utility drive long-term DeFi valuations despite