🚨 In a now-deleted post, Daniel Cormier exposed Eric Trump for asking him if any of the UFC White House fights were rigged:
"I'm probably going to get a lot of flak for bringing this to light, however I refuse to stay silent... Shame on anyone trying to ruin this beautiful event."
@elonmusk@brian_armstrong It's not a competition. The truth is they are an absolute failure in all ways and this is just used as propoganda to fuel Western adoption of innovation without questioning it. I also know you are educated enough to know that.
I've spent four of the last seven years living in Mexico's second poorest state. People eat at restaurants all the time. Mexicans get 10x more food delivered to their homes, same in India & China. The reason you can't afford living in the US has nothing to do with buying a coffee
"so you staked your ETH on the Ethereum blockchain to earn yield?"
"yes, Dave"
"except you didn't want your capital to be locked up so you actually staked it with a liquid staking protocol called Lido?"
"that's correct, Dave"
"and Lido gave you a liquid staking receipt token called stETH in return?"
"yes, Dave"
"and then you didn't think that was enough, so you juiced the yield even further by depositing your stETH receipt tokens into a restaking protocol called Eigenlayer?"
"you are correct, Dave"
"and now you didn't want to lock up your capital, so you actually restaked with a liquid restaking protocol called KelpDAO who provided you with a liquid restaking receipt token called rsETH?"
"you got it, Dave"
"and then that was surely not enough juice, so you then deposited your rsETH tokens into a lending protocol called AAVE so that you could open a leveraged looping position that borrows ETH against the rsETH collateral and restakes the ETH into rsETH which is then deposited as collateral, except it turns out rsETH used a cross-chain bridge called LayerZero whose security is held together by a 1/1 toothpick, which was obviously hacked by north koreans causing rsETH to become undercollateralized and now these looping positions are stuck and unprofitable, and everyone is pointing fingers at each other, and also DeFi is a very serious industry"
"you are 100% correct, dave"
jfc.
for 98% of tokens fair launch through bankr is the way to go prove me wrong.
for the other 2% there are prior commitments that must be met (prior institutional partners, investors, or advisors, ie $LFI but also launched through bankr (worked with the team on custom set up))
even $BNKR itself was fair launched by a community member! don't over think it. every coin has snipers -- they are the first to sell. they drive volume. don't worry about it. $BNKR launched 1yr 166 days ago.
if you are building something of value your coin with outlive any snipers and they will be crying that they ever sold.
Today we’re expanding our support for @HyperliquidX by becoming the platform’s official treasury deployer of USDC.
Onchain markets operate 24/7 and require collateral that is always available, instantly transferable, and deeply liquid - USDC delivers exactly that.
Alongside this, we’ve also significantly increased our position of staked HYPE.
.@Saylor dodged my argument that $STRC is a Ponzi by saying, “Peter thinks Bitcoin’s a Ponzi scheme. Peter is not really a lover of anything in this space.” But I’ve called Bitcoin a new variant of decentralized Ponzi. STRC is different: a classic centralized Ponzi run by $MSTR.
$STRC delivers a higher Sharpe Ratio than leading hedge fund strategies, with no management fees, no carried interest, no lockups, and daily liquidity. Digital Credit is engineered for risk-adjusted performance.
morpho ($MORPHO) absorbed $8b from aave in 72 hours after the kelp exploit. 90% of active loans are stablecoins. aave's response to losing 44% of its TVL is redesigning V4 with isolated markets. they're copying morpho's architecture. that's not competition, that's validation. morpho midnight launched fixed-rate fixed-term lending the same day kelp blew up. ready, steakhouse, and coinbase all integrated within the same month. the protocol mitigated $1m in losses by proactively pausing vaults before contagion spread. aave ate $230m in bad debt. when your biggest competitor has to rebuild their entire stack to look like you, capital already made its choice.