Lido’s Golden Goose As readers know, Lido is the most popular liquid staking protocol in the crypto market. However, due to its popularity, some have voiced concerns about Lido acting as a centralizing force for Ethereum. The concerns center around... Read more

Yesterday a Stride contributor proposed a merger with the Cosmos Hub. Under this proposal, STRD tokens would be bought out by the hub with ATOM and Stride would cease to have their own token. The forum post in full detail is here: https://forum.cosmo... Read more

The trade hypothesis laid out in the attached tweet has been playing out as expected. But, there is another opportunity that most of the market seems unaware of. It is a well-known fact that $1 of buying leads to >$1 increase in market cap. Imagine... Read more

Seasonally, October is a positive month for BTC. Since 2013, only two out of the last ten Octobers saw BTC end the month lower than where it started: 2014 & 2018. On average, BTC’s October performance is +22%. The median return is higher, at +23.5%.... Read more

To build on Ashwath’s excellent post around countercyclicality investing, where he details how investors have been throwing money at infra projects for the last two years, I wanted to explain why I think infra and L1s are over-emphasized as a play an... Read more

It’s easy to buy an asset after it goes up 200%. You may not make any money. You may, in fact, lose 80% of your principal. But pulling the trigger and deploying capital amidst a barrage of exponentially larger green candles is easy. It’s just how hum... Read more

Lately, there’s been an influx of Blur farmers who have switched from farming Blur points to farming Friend Tech points. After sustaining losses on Blur, they’ve realized that it’s far better to farm something on an uptrend. Hanwe (#2 Blur farmer) i... Read more

PoolTogether is a no-loss lottery app that awards winners with the yield earned by depositors. It is one of the OG DeFi apps and was an early showcase of DeFi’s potential. A bit of a hot take here, but I’ve always felt that PoolTogether has been one... Read more

One of the things I have been looking for regarding the re-emergence of crypto markets is a healthy pile of ashes. What I mean by this is that, in my mind, before a new bull market can take off, crypto markets have to experience a purge of failed pro... Read more

Politics is dangerous. People have very strong opinions that usually end up manifesting themselves as moral judgments. “X is good and Y is evil.” Because of this, I’ve been hesitant to comment on the GOP Primary and the upcoming 2024 Presidential el... Read more