MaddHattr MD

Earl Grey

[MaddHattr MD @TheMaddHattr]

@DefiIgnas In general crypto benefits from simplicity , while traditional finance benefits from complexity.

[MaddHattr MD @TheMaddHattr]

@DefiIgnas Feel it’s cause the IV and Greeks price in most of the upside gains from options on crypto vs potential upside on stocks; rem. Seeing like 100+ IV constantly. Add the higher upfront cost (kind of) , they just feel generally heavier and inefficient vs just doing perps.

[MaddHattr MD @TheMaddHattr]

@puckrin @K33Research Wasn't there some news while back that they said they'll start paying every 2 weeks soon? or was that just a rumor/ fake news. If so curious how would that change the pumpamentals lol, or your comments point and if so how?

[MaddHattr MD @TheMaddHattr]

@0xAero8 Thing is the fud's relatively warranted, but the massive depeg was a over reaction; Fact of the matter is the "gold" collateral is a illiquid and questionable form of "gold", and being priced to perfection-instead of at a discount as it should be. In theory still collateralized.

[MaddHattr MD @TheMaddHattr]

@lordjorx @PharosWatch yea see that already 2x off just 5minutes ago, and yea reading into it lil bit- seems like kinda of maybe warranted fud. The backing apparently aint actual physical gold, but a claim to unmined gold in some Canadian mine; which even that lil shakey on details.

[MaddHattr MD @TheMaddHattr]

@lordjorx @PharosWatch i mean there chainlink whatever data says theyre overcollateralized

[MaddHattr MD @TheMaddHattr]

@lordjorx @PharosWatch what caused the depeg? another exploit or what

[MaddHattr MD @TheMaddHattr]

@phtevenstrong Looks like its just a receipt token/yield bearing for loans to wintermute lol, https://t.co/butun3qhwU is the website can use google or idk how you wanna trust/verify a website.

[MaddHattr MD @TheMaddHattr]

@phtevenstrong @avantprotocol Looks like @Eva_Markets , but there twitter ac seems empty, and legit never heard of them either.

[MaddHattr MD @TheMaddHattr]

@BRICSinfo Guess should start monitoring the art school application acceptance rate.....just in case. (Kidding obviously.... probably).

[MaddHattr MD @TheMaddHattr]

@Curly_HairMan @BONK_trade Been pointing that out, its brazen asf lol. More than half the board just traded to another ac of there's at no loss; can even look on the dydx transaction history if it isn't obvious enough and see they traded to one another.

[MaddHattr MD @TheMaddHattr]

@ImperiumPaper @DefiIgnas Spicy take and curious on the 3; Only ones that would come to mind are crv, and sky (but feel like if sky is one of them its actually somewhat manageable).

[MaddHattr MD @TheMaddHattr]

@BONK_trade Just curious but the blatant comp trade manipulation being addressed or?

[MaddHattr MD @TheMaddHattr]

@ByzGeneral @DeItaone Nah, its exterminating goyim- totally different for them. 🙃

[MaddHattr MD @TheMaddHattr]

@BONK_trade lil confused I thought you couldn't trade to yourself on another account for the competition lol, yet i mean its clear as day looking at the leaderboard that 1st place is same as 42nd, and 2cd same as 41st, 3rd same as 40th. You have the leaders 1-3rd place trading to themselves.

[MaddHattr MD @TheMaddHattr]

@MarioNawfal

[MaddHattr MD @TheMaddHattr]

@lordjorx @OpenCover @NexusMutual Wait so cost of insurance is a % of the yield? or the notional size of your position/ flat rate?

[MaddHattr MD @TheMaddHattr]

@DefiIgnas Doesn't china have a digital yuan? cause would assume that, seeing as last I heard ships passing through gotta pay in yuan anyways, and paying in "stable coins" doesn't necessarily mean USD denominated right?

[MaddHattr MD @TheMaddHattr]

@lordjorx But who knows, if Jupiter manages to integrate idle assets with jup lend solves the idle assets problem, and if they seed liquidity themselves for certain markets might help lower rates; but honestly at that point it just sounds like Loopscale (another solana fixed rate product)

[MaddHattr MD @TheMaddHattr]

@lordjorx Best use case for it was being able to borrow against collateral other lending platforms did not support - but that's also why I'm assuming there was a huge premium. Also there was the problem that if no one was borrowing from you -your liquidity/cryptos where sitting idle.