It is astounding how, while the truth of what Roman highlights is widespread, so few in crypto believe it to have any bearing on them.
How many in industry would argue against the claim "the prior admin was out to get crypto"? The same Wall Street shills righteously proclaiming all along the podcast circuit that "we" defeated an "Operation Chokepoint 2.0" remain silent on the single most heinous abuse of justice in said campaign. We've won nothing until Roman walks free. Every regulatory "victory" since has been premised on "Shipping FOSS is illegal" while Roman remains unfree and is therefore far more dangerous than had Chokepoint 2.0 intensified instead. Growth at the expense of values is a cancerous growth. It is a vampiric growth harvesting the essence of our cypherpunk body. We are past the point of the leech's bite. Make no mistake — the spineless, state-complicit henchmen at Chainalysis are entirely interchangeable with an endless tide of weakest links snapping as they shrug off cypherpunk overcoats to seat themselves for a fresh plate of FedChain du jour. There are so few left willing to refuse that offer.
"Crypto values" are a means to a paycheck for these people. "Permissionless finance" is an end in itself to no one — seriously, what could this possibly mean without immediately resolving to actual first principles that would make it clear this is a conflicted party? So why do we accept those advertising this as their mission when it is no one's passion? Our own unseriousness. Our own faltering immune systems.
It's high time we demand the why. Did Chainalysis deserve applause for a running a Tornado Node? Clearly not. Clearly it was not a principled stand. Clearly, to speak the preferred language of the careerist legions bridging us to Wall Street, it was a "revenue stream" yielding "brand value" inside their sector. Anyone who's spent 5 seconds exposed to the noxious fumes of shitcoinery should recognize how little is required to display impassioned belief in crypto values. If speech is free, why should we value words without action?
It's high time we set a higher standard. It's time we see more Mandates stamped with Seppuku Licenses. Any still working at Chainalysis should be ashamed. These are the values on display by your actions: cowardice, subservience, and disloyalty. I invite you to show me otherwise, to prove how the stain is washed out. But, more importantly, to the rest of the crypto careerists: there is far less time than you realize until your commitments are put to the test. The state is here. Its enfranchised cronies on Wall Street are here.
Every step forward without the Freedom to Code is a compromise. Either admit you're willing to compromise Roman's and the rest of the frontline's freedom in exchange for some meager bag-pumping, or be named a liar. Fight those who would trample our freedoms. Set values and follow them zealously. Recognize begging for regulation has confused a stick for a carrot. Understand the incumbents and the control they will demand. Remember the Genesis Block. There are sides to this and they have not changed. Whose side was Chainalysis on? Whose side are you on?
@0xWenMoon Build 2 bots: one is your “chief of staff” gatekeeps and routes jobs, other is your “orchestrator” who builds or sources specialists to roster teams for your asks.
tell it to add this skill pack and have your orchestrator bot make its own dream team
https://t.co/9LqTWBh5Iw
Been watching $FXN @protocol_fx quietly accumulate fees while everyone else is focused elsewhere.
$cvxFXN staking sitting at 31.17% vAPR
Breakdown:
9.09% $FXN
2.94% $CVX
19.14% $wstETH which generated from real yield, not printed tokens
The actual thesis that most people miss:
@protocol_fx is a non-liquidation leveraged trading platform. Fees are generated from market movement either up OR down.
Crypto pumps? Fees go up.
Crypto dumps? Fees go up.
Sideways chop? Still generating.
You're not betting on a direction. You're betting on volatility existing which in crypto, it always does.
Numbers backing this:
TVL recovering from lows to $118.24m and climbing
Annualized fees: $5.63m vs $3.16m market cap
77.12% of FXN supply locked, avg 3.5 years
Previous week revenue: 7.98 wstETH distributed to lockers
Protocol generating fees nearly 2x its own market cap annually while sitting largely under the radar.
With markets heating up in both directions, worth having $FXN on your radar.
Check out the strategies here:
Deposit crvUSD and borrow reUSD:
https://t.co/qCtoTKCNmf
Deposit reUSD into sreUSD:
https://t.co/v086WdgP5H
Deposit sreUSD and borrow crvUSD:
https://t.co/U4aMdnu4Ip
5/5
No. Don’t listen to someone talking about “pumps”.
Waiting for grok’s summary, but the best “bull case” I can give is the following:
@curvefinance continues to develop and launch innovative, trustless, immutable, censorship-free products like llamalend v2, formal verification of their stableswap architecture, and the elimination of persistent impermanent loss via @yieldbasis cryptoswap pools. Curve has moved beyond being simply a stableswap DEX and into a full-blown DeFi suite for efficient capital management.
@convexfinance still sits in the governance controlling seat for Curve, but on top of that they also have a governance controlling seat for three other protocols: @protocol_fx@fraxfinance and @ResupplyFi. Specifically, Resupply, a legitimate sub-DAO, assists llamalend in making lending and borrowing on Curve very cheap with deep liquidity. Additionally, @protocol_fx now offers $fxUSD stablecoin loans backed by $ETH and $BTC that rarely ever have a borrowing cost, and when they do the lending cost is equal to or less than whatever AAVE is offering to borrow against $ETH and $BTC. Also, Convex has now moved their governance fully on-chain, making an extremely rare move for a defi protocol to further decentralize their protocol.
The Curve and Convex ecosystems continue to make improvements without sacrificing decentralization, immutability, and trustlessness. They are extremely well aligned with Ethereum’s core values.
I am bullish @CurveFinance and @ConvexFinance.
You probably heard that I don't like Javascript.
So I vibe-coded a @CurveFinance UI in Python running in your browser, and reinvented how routing can be done.
Swaps are calculated as electric circuits using laws of Physics + EVM running in the browser.
Unprofitable to sandwich
5) Lightweight hooks and propAMMs: An experimental implementation was developed for CryptoSwap/FXSwap. This creates a path for market makers or block builders to supply fresher price information before arbitrage occurs.
https://t.co/5CXapkynXe
the moment we were waiting for!
TRD is basically 0%.
all remaining ETH v2 @yieldbasis LPs: now is the time to migrate.
migration conditions are finally optimal!
you can find it in “my markets”
one click ->move to v3