Sarfly 🐉

Blockchain advocate, Cardano holder💎
Sharing own thoughts about investing

[Sarfly 🐉 @sarfly_crypto]

I was here when the $ada was 2.8$ and I am still here at 0.7$
I don't see a big difference, the community is still building and it is enthusiastic and bullish. Wen you see the progress, you don't care much about the short term price, great things take time!

[Rohit @ai_rohitt]

🚨 Anthropic just showed a 27-minute workshop on how to actually do prompts for Claude.

Taught by the people who built it.

Free. No registration. No paywall.

I've seen $300 courses that don't cover what they teach in the first 8 minutes.

Watch it and bookmark it now.

[Sarfly 🐉 @sarfly_crypto]

@CornucopiasGame What is the game about?

[Sarfly 🐉 @sarfly_crypto]

@MrKalnin @CornucopiasGame @jpgstoreNFT What is the game about?
As far I have seen there is almost nothing to do in the game.
No quests, no storyline and no npcs, or I am missing something?

[Chicken Genius @pakpakchicken]

Here’s some alpha. Do the work. Make money the smart way.

Dividend Yield? LMAO
Stablecoin Yield? LMAO
Rental Yield? LMAO
Options Yield? Ok not sooo bad if you use it properly.
REITS? LMAO
Bond Yield? LMAO
On-chain looping Yield? LMAO
Crypto Yield? LMAO

Spot Perpetual Arbitrage -
Beginner Mode - 10 - 20% APR
Expert Mode - 50-100% APR

If you cannot identify where the yield comes from. You are the yield.

Dividends are distributed when companies are at the tail end of growth stage.
Dividend investors face capital risks with low returns. Mathematically retarded.

Stablecoin yield needs to be more than inflation to breakeven + smart contract risk + CBDC controls

Options yield pretty good. Real yield. However capital risk to options yield requires above normie knowledge.

REITS. Long term, you are fked. There’s no “but”

Bonds - Issuer Risk. Capital intensive, Low Rewards and often lower than inflation.

On-chain Yield. Smart contract Risk, Liquidity risk. Spread Risk. Constant monitoring and moving capital to the next best.

Spot Perpetual Arbitrage
Risk: Platform Risk. That’s all.

[Sarfly 🐉 @sarfly_crypto]

@CuadradoDeFi @JaromirTesar @goofy_crisp Good luck with engagement farming! Delegate to whom represents you, @JaromirTesar definitely shares the same view as a lot of Cardano people, who takes seriously treasure and don't act on pure feelings.

[Sarfly 🐉 @sarfly_crypto]

@rexliu I totally agree with his reasoning and decisions.

[Sarfly 🐉 @sarfly_crypto]

@TheCryptoLark I am a Cardano user

[Sarfly 🐉 @sarfly_crypto]

@Cryptofly777 @snek And if it is not successful?

[Leo of the Brothership @BrothershipPool]

I just voted NO, on the SNEK loan proposal.

Honestly, the bulling, degrading and arrogant attitude of the SNEK supporters is my primary motivator. You are a meme(meme = joke) act like it!

You can read my rational below
https://t.co/Key5D4uPY5

[Sarfly 🐉 @sarfly_crypto]

@coinbureau Ada

[Sarfly 🐉 @sarfly_crypto]

@Whatever26031 @JaromirTesar @Padierfind @snek Imagine investing all that time and money in a project that will grow Cardano ecosystem and bring new retail users to it.
Memecoins are for the gamblers and nerds.

[Sarfly 🐉 @sarfly_crypto]

@JaromirTesar I trust your reasoning that's why I choose you as my Drep, hopefully you will vot "No"

[The Wizard Tim 🥧 @wizardtimstory]

@BenBrunschot @armyofspies I mean, unless I read it wrong, it’s a business loan for 5M ADA at ~2.5% interest to be repayed in full in 3-5 years.

I personally think it’s a bad idea for the Cardano Treasury to issue this loan for the following reasons:

[Sarfly 🐉 @sarfly_crypto]

@astroboysoup @snek What is the collateral that they provide for this loan?
No other bank will give a loan just on credibility of some people or on "trust me bro" arguments.

[Kate Bernal @TheKateBernal]

Is there a guarantee they can repay the loan? That is the core question. Your analysis is sound.

While I dislike meme coins, the project type is secondary to financial viability. If they have a credible repayment plan, the loan is fair. If not, I would vote no.

We must protect the community treasury.

Every loan must have a clear path to being paid back.

[Cardano YOD₳ @JaromirTesar]

Sorry, but "Cardano gotta trust us" is not enough.

Snek’s role is clear, but for the community, this isn’t just about trust, it’s about knowing the loan terms are enforceable.

Can you confirm whether the agreement with Intersect will be made public, and explain what safeguards would protect the treasury if repayment doesn’t happen?

[Sarfly 🐉 @sarfly_crypto]

I am tired of the #snek saga. It's a memcoin, and it should be treated as one. Why are people calling it a serious project? @hoskytoken is the legit #cardano memecoin, what i like about them is that they are acting like one.

[Sarfly 🐉 @sarfly_crypto]

@Whatever26031 @JaromirTesar @Padierfind @snek A memecoin shouldn't be called a project. It's just a fun way to gamble with money and resources.

[Cardano YOD₳ @JaromirTesar]

The number of transactions is flat (about 11K per epoch), and the volume has decreased 5x in two years. The number of holders is 40K.

For context, Shiba Inu has 1.5M holders, the number of on-chain transactions is 6K in 24h, and most of the volume is on CEXs, not on DEXs.

After listing SNEK on CEXs, it is likely that the number of transactions and volume on Cardano will decrease. At least this is how token memes like Shiba Inu, Pepe, and others behave.