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Don't see a better opportunity onchain than shorting $VVV for the next seven days.
Unstaking queue went up 1646%.
OI and volume are at ATL while 5.5M USD are waiting to be unstaked and likely sold.
gm
vibecoded a tradingview watchlist generator for all @HyperliquidX + @tradexyz markets. built it for myself, sharing in case it saves you some time too <3
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enjoy 🍙
VVV emissions are being reduced from 3M per year to 2M per year.
This will occur in two stages:
1. September 1st: 2.5M VVV/year
2. October 1st: 2M VVV/year
On the road to a net deflationary VVV with native yield through lower emissions and increasing burns.
Unsurprisingly the demand to mint cheap tokenized inference is high.
While $VVV has many value drivers (programmatic revenue driven token buy and burns, discretionary buy and burns from @AskVenice free cash flow, free tokenized inference from the ability to mint DIEM, etc) the value of VVV inarguably increased today as it is know cheaper for VVV holders to mint DIEM (target supply level had its first of 4 increases today)
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While you can debate the exact numbers and flows, the short $VVV thesis is generally correct.
Reading comments was also fun. People are delusional about the deflationary part and don't even question the economics of the business.
Good luck if you bullish but this is probably the best short you can find in the market (till low single digit numbers) if you pay close attention to flows.
Looking at $VVV DAILY flows, there are 41.30$ worth of VVV sold for 1$ bought:
Buying pressure
> 9,000$ of with Pro Sub + Credit Burns bb and burn
> 12,000$ of discretionary bb and burn
Selling pressure
> 174,000$ drips to advisors and team members
> 108,000$ inflation rewards to sVVV stakers
> 585,000$ unstaking unlocks (313k VVV in current queue)
On top of a dual equity/token model where all the value created goes to equity holders.
Easy short opportunity. Good luck if you're long.
New weekly roundup out now! @HadickM@JasonYanowitz
We discuss:
- OpenUSD launch
- Robinhood's chain
- Venice raises $65M
- Strategy, Circle's end game & more!
Timestamps:
00:00 Introduction
02:52 Did Saylor End Strategy’s Sell Off?
10:15 The Launch of OpenUSD
17:49 Should Everyone Launch A Stablecoin?
32:42 peaq Ad
33:28 Cloudflare's Monetization Gateway
38:35 Robinhood Launches A Chain
56:00 Venice Raises $65M & Crypto’s Token vs Equity Problem
01:16:14 Content of The Week