The most successful projects from this cycle actually messed up their charts and users with their automatic buybacks. The early cycle darlings like $HYPE, $ENA, and $JUP topblasted many millions at frankly ridiculous prices on a fair multiple basis.

This…

Some thoughts:

-Hyperliquid’s unique buyback success led protocols to believe they could replicate the results. However, Hyperliquid had something no one could copy: a clear, direct value loop: protocol usage → fees → 97% buybacks, and until recently they…

The ground is shifting under our feet, the next 5 years will offer generational wealth opportunities for those brave enough to be a little adventurous and off the beaten path

In the spirit of other people losing money, I’ve been fully wiped out multiple times in my life. Here are some guardrails so that you can avoid doing that:

- never invest in an asset that isn’t backed by cashflow

- consult 3-5 people you trust before making…

On token buybacks (and how to decide how much to do)

Presales are dead - There is no liquidity in the market. Case in point: Infinex

Infinex wanted to raise 15M at a 300M$ valuation and a 1 year lock. After some community backlash they reduced those figures

They now want to raise just 5M at a 100M $ valuation.…