Quant Lamb

Just a lamb with a thesis.
@woolfund

[Quant Lamb @quantlamb]

@ssv_network helps secure more than 5.2 million ETH. That's over $12 billion, about one in eight ETH staked on Ethereum. The token behind it is worth around $45 million.

A lot of crypto tokens run on stories. ethereum:0x9d65ff81a3c488d585bbfb0bfe3c7707c7917f54 runs part of Ethereum itself, and it gets paid for it.

When you stake ETH, your validator has to stay online and sign correctly all the time. If that one machine fails, you lose rewards. SSV splits each validator across several independent operators, so no single failure can take it down.

Nearly 2,000 operators already run it, and every validator on the network pays a fee in ETH for the service. Since this year, those fees are shared with the people who stake SSV. In other words, staking the token means earning real ETH from infrastructure Ethereum actually relies on. Plenty of tokens with no product and no revenue are valued many times higher.

And this only grows with Ethereum. The more value the world puts on it, the more ETH gets staked, and the more of it needs protecting. More ETH on SSV means more fees, and more ETH for SSV stakers.

The price is down more than 95% from its 2024 high. But real usage, real fees and a clear purpose are rare in crypto, and rarer at this price.

Not financial advice, just a lamb with a thesis. Do your own research.

[Quant Lamb @quantlamb]

The next big neobank might not be a bank at all. It might be @aave.

Your bank pays you almost nothing to hold your money. The average savings account earns around 0.4% a year. Aave is quietly building the alternative.

It has survived every crypto cycle and is still the largest decentralized lending market, with roughly $19.5B deposited. What matters now is what's being built on top of it.

The Aave App turns that liquidity into a simple savings account: around 6% a year, deposits straight from your bank or card, and balance protection. It's built so you never have to think about wallets or blockchains. That's the problem almost every other protocol never solved.

And savings is just the front door. Behind it, Aave is adding the rest of a bank: borrowing against tokenized real-world assets, the kind of credit private banks usually keep for wealthy clients, and a payment card coming next.

Save, borrow, spend. That's a Revolut or a Nubank, with the rates set by an open market instead of a bank's margin.

Aave doesn't need to win every customer itself. Other companies can build on its liquidity, like Etherfi, whose card now runs its credit on Aave. It's not just a neobank. It's the stack other neobanks run on.

Every one of those paths sends revenue back to the DAO, and automated ethereum:0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9 buybacks are already running.

It's still early, and still crypto, so the ride will be bumpy. But most people didn't open a Revolut account until their friends already had one. Aave is building toward that moment.

Not financial advice, just a lamb with a thesis. Do your own research.

[Quant Lamb @quantlamb]

Trading is a waiting game…

[Anecdotes rapides 📚 @anecdote_rapide]

Je suis allé voir “NAPOLEON” avec un historien, alors j'en profite pour faire une liste des petites et grosses erreurs historiques du film, attention préparez vous certaines sont juste hallucinantes : ⬇️⬇️⬇️