The card tap, explained.
That card tap isn’t a Visa card. It is an @OpenPasskey card.
We hold our own IIN under ISO/IEC 7812, the same registry Visa and Mastercard use to identify issuers. Our card runs the same EMV chip standard as your bank card. Any acquirer that adds our routing entry can accept it on the terminals they already have. No new hardware.
The chip signs with a P-256 key that never leaves the secure element. Non-custodial, the customer holds their own keys.
Settlement runs on @base flashblocks, so confirmation lands in about 300ms.
We probably should write this down: the Vault just crossed $1M in total PNL
https://t.co/EZLT76VNeW
It’s not something you see very often — earning $1M+ onchain for an audience. The most important part is choosing the right stage of the market. After that, the market does 90% of the work for you.
I’m glad I was able to generate that much profit for subscribers fully onchain, without fake screenshots. A lot of this fast result was luck too. Personally, I made around 100% on my deposit in the Vault over these 82 days since launch.
Another important point: Account Value is only around $1.6M, while total PNL is over $1M. To me, that’s a good sign — it means many of you are actually withdrawing profits, which is exactly what you should do. In other words, a big part of the profit has already been realized.
I hope this Vault taught at least some people something useful in practice: how important it is to act rationally, reduce risk in some market phases, and increase it in others. It could have easily played out very differently — we might have spent several more months, or even a year+, chopping around the same entry levels or going slightly lower. That never changed the core idea from day one. I explained all along what I was doing and why, and I’m not planning to move away from that approach.
As I wrote before, the closer BTC gets to $100K–$120K, the more I’ll be reducing risk and rotating not into BTC, but into stables. And once BTC makes new all-time highs, I’ll cut alt positions aggressively — I won’t care whether they’re up 5% or 5000%, I’ll mostly be locking gains into stables.
And again, from the start I said the Vault was part of my RISK portfolio. In normal market conditions, my usual allocation is around:
40% BTC / 40% stables / 20% RISK
I believe in portfolio management with weekly rebalancing. In average market conditions, I’m around 40/40/20. Near bull market highs, I’ll move toward something like 60% stables / 20% BTC / 20% RISK. And after brutal selloffs, I’m comfortable pushing RISK above 40%.
Also, once again: people drawing lines on charts are either lying to themselves or to you. In my opinion, technical analysis is basically like astrology. You can always find “matches” the same way you can find personality traits for every zodiac sign. Nobody knows where price goes next, and nobody can know — except insiders. What really works is insider trading, fundamentals, and value. The whole retail trading education market is mostly one big scam.
There are no magic traders. Sometimes there are inefficiencies, and some people exploit them, but they won’t teach you how. In my opinion, the only real edge an individual can have is to deeply understand a sector, evaluate the long-term potential of technologies, projects, and companies, invest gradually, and then wait, wait, wait — reassess, and wait again.
Markets will always rise and then fall. That’s how they live.
Once again, thank you — and congratulations.
Don’t be greedy.
Take profits.
Diversify.
Move step by step.
This is only the beginning.
#Bitcoin #BTC #Hyperliquid #Vault #Crypto #Investing #Onchain #PortfolioManagement #RiskManagement #BullMarket $BTC $HYPE
@StaniKulechov Stani, please make the address public so that anyone who understands the situation and would like to help DEFI live could help.
$AAVE $ZRO ethereum:0x5a98fcbea516cf06857215779fd812ca3bef1b32 $ENA
Defi will win !