Shant

DeFi @wavedigital_

[Shant @shantg8]

might start using this account again

[Nick Corbishley @NickCorbishley]

A very dark experiment is under way in Nigeria, with deadly consequences. Since October 2021, 99.5% of Nigerians have refused to use the central bank's digital currency, the so-called e-Naira, preferring to continue using cash. So what did the central bank do? It doubled down.

[Lihan | Xangle @lihan_xangle]

1/ The recent price movement comparison between @dYdX and @GMX_IO shows the importance of token economics regarding the fundamentals of the asset.

[Internal Tech Emails @TechEmails]

Jack Dorsey texts Elon Musk

March 26, 2022

[Alex Johnson @AlexH_Johnson]

There's a saying in Fintech:

You either die a consumer goods company, or live long enough to see yourself enter financial services.

One company has managed to do both.

Let me tell you why Starbucks is one of the most successful banks in the U.S.:

[Kunal G @kunalgoel]

A no bull-shit report about $GMX. Not all of it is great, not all of it is bad.

The Good -

It's priced cheaply for what it does. Perpetual Protocol with $OP incentives can't even compare. dYdX does similar numbers but obviously does not generate cash for holders like $GMX does

[Arthur Hayes @CryptoHayes]

Beware $ETH shorts of the power of reflexivity.

"ETH-flexive" applies does Soros' theory of reflexivity to #etheruem merge, and erects another pillar to support temple of the bull.

https://t.co/VoEisMHRVa

[0xngmi @0xngmi]

idea: a defi app store you can download locally and from which you can download apps like uniswap or aave to install locally as well

- maximizes privacy
- no possible DNS/website/supply chain attacks
- nobody can ban you

[Matthew Sgherzi @Showtime2kX]

I strongly believe that the forces who control these markets have a huge coordinated effort to control them from all sides: Financial, media, economic, business, etc.

Some thoughts on the current environment 👇

1/

[nic carter @nic_carter]

Crypto lending isn't dead – but it will have to evolve. New from me in @CoinDesk

https://t.co/smwes6hrvy

[Sky @SkyEcosystem]

What is the current status of the real-world asset collateral development in Maker?

Real-world assets and Maker. Everything you need to know. Here 🧵

1/

[Shiv @shivsakhuja]

Most people in Crypto believe Bitcoin is "up only" in the long term.

Nearly everyone thinks we'll see $100k+ in 5 years.

But it's important to question the assumptions we take for granted.

So I tried to explore all the BTC narratives.

.
.

"The Many Faces of BTC"

👇 🧵

[Aave @aave]

1/ Calling all GHOsts 👻 

We have created an ARC for a new decentralized, collateral-backed stablecoin, native to the Aave ecosystem, known as GHO.

Read more below and discuss your thoughts for the snapshot (coming soon)!👇

https://t.co/P7tHl9LbBe

[James Henry Anderson @jameshenryand]

G-SIB* #CreditSuisse has credit default swap failure bets spiking near 2008 GFC levels💣

*Global Systematically Important Bank (G-SIB)

[Delphi Digital @Delphi_Digital]

0/ @LidoFinance has amassed a massive lead among $ETH liquid staking derivatives, with 90% market share currently. Despite that, concerns regarding the $stETH peg recently ran rampant.

How did we get here, and is there reason for further concern?

@duncanreucassel found out.

[CNBC @CNBC]

FTX closes in on a deal to buy embattled crypto lender BlockFi for $25 million in a fire sale https://t.co/9uRESw9KCt

[db @tier10k]

[DB] FTX walked away from a deal with Celsius after seeing state of its finances: The Block

[degentrading @degentradingLSD]

How fucked is BlockFi? An exploratory journey with me.

1/x

[otteroooo @otteroooo]

BlockFi settled with SEC lovingly on Valentine's day of 2022

What the SEC has to write about BlockFi reads like a comedy/tragedy

Read on for some crypto entertainment from BlockFi's settlement with the SEC

🦦👇🏼 🧵