SIR.trading

Synthetics Implemented Right (SIR) / / stablecoins
Trustless leveraged tokens
Trustless yield-bearing tokens

[moon @MoonOverlord]

Products that are bankrupt

Celsius
BlockFi
FTX
Voyager
Gemini Earn
Genesis

Products that are working fine

Uniswap
Yearn
Maker
Aave
Lido
Curve

[SIR.trading @SIRdotTrading]

@elonmusk Why pay in fiat? Can’t we pay with Doge?

[SIR.trading @SIRdotTrading]

@bankless Buidl like there is no tomorrow!

[SIR.trading @SIRdotTrading]

@TheEconomist Anyone remember this gem of a tweet!

It has almost been a year since inflation has "blindsided" the Economist!

This is a handy link for you guys!
https://t.co/2zyj4ZThtJ

[SIR.trading @SIRdotTrading]

BTC bizarrely not volatile?

Makes saving up in BTC more viable as a portfolio investment without the crazy volatile swings.

[SIR.trading @SIRdotTrading]

Looks like ETH is in fire sale territory!
https://t.co/2PxEU8vgYc

[SIR.trading @SIRdotTrading]

The merge has been a long time coming!

After eight years of work and delays, the Eth blockchain has transitioned to Proof of Stake!

[Xata (🦍^🎩) @Xatarrer]

TLDR of SIR, the ultra short summary.
Wanna ape?
https://t.co/wp6IfUPrG0

[SIR.trading @SIRdotTrading]

@WatcherGuru EU should adopt ETH, use smart contracts instead of SWIFT.

Eurobonds market would soar as it can be wrapped and used in DeFi protocols

[Preston Pysh @PrestonPysh]

Just look at that quantitative tightening.

[SIR.trading @SIRdotTrading]

@dinkydani21 @Airbnb

[L Ξ O 🦇🔊🐼🕯 @calebini]

the ethereum merge will be a glorious site to behold

[Emin Gün Sirer🔺⚔️ @el33th4xor]

There's an ongoing attack targeting the Solana ecosystem right now. 7000+ wallets affected, and rising at 20/min. Because it's very early and the attack is ongoing, there's a lot of misinformation and speculation. So here are a few thoughts and clarifications.

[SIR.trading @SIRdotTrading]

@macbrennan Might have spoken a bit too soon!

Sol is getting hacked, and seems to have outraged all the time.

I do appreciate the thought behind this thread, but it’s difficult to use alternatives when ETH has a great track record during tumultuous periods

[SIR.trading @SIRdotTrading]

El Salvador and the Central African Republic have BTC as legal tender so far.

Post best guesses for amount of countries that accept crypto as legal tender by next bull run

[SIR.trading @SIRdotTrading]

There really needs to be a Dragons Den for crypto projects where they ask about the tokenomics, DAO structure, and general finance forecasting (predicted turnover, potential market cap, and the overall mechanics of the project).

I would watch such a show!

[SIR.trading @SIRdotTrading]

Mt. Gox will return back a maximum of 141,686 BTC to creditors after its downfall 8 year ago.

A payout date hasn't been mentioned.
Impossible to tell if/when creditors will dump their BTC.

The short term BTC-USD guessing game continues!

[SIR.trading @SIRdotTrading]

Celsius has filed for Chapter 11 bankruptcy!

[SIR.trading @SIRdotTrading]

So much for BTC being the hedge against inflation!

Still bullish long term, but only using non-custodial wallets.

Not your keys, not your crypto!

[Robert Leshner @rleshner]

I became a DeFi founder in order to create a more transparent, autonomous, and safer financial system.

Watching the implosion of UST, Celsius, 3AC, and (hopefully not) more, all of which are opaque and trust-based, reaffirms the need for *Decentralized Finance* more than ever.