Forwarded from Mlm onchain
My apologies for providing the incorrect wallet label earlier. Please share this post!
https://x.com/mlmabc/status/1960621721402135017
https://x.com/mlmabc/status/1960621721402135017
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offtopic but if you're a host or interviewer, please don't cut off your guests when they are speaking
in fact, this should apply to all conversations even with fnf or colleagues or whoever
in fact, this should apply to all conversations even with fnf or colleagues or whoever
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Forwarded from Watcher Guru
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Forwarded from Frens Market Feeds
REX-Osprey seeks SEC approval for BNB staking ETF, following Solana fund route — link | AI comment
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Forwarded from Frens Market Feeds
Binance has announced the launch of its 33rd project on the HODLer Airdrop page — Dolomite (DOLO), a decentralized money market protocol. DOLO will be listed on August 27, 2025, at 16:00 UTC, with trading pairs against USDT, USDC, BNB, FDUSD, and TRY. Meanwhile, the second round of the Binance HODLer Airdrop will feature MyShell (SHELL), with an additional 25 million SHELL tokens distributed (accounting for 2.5% of the maximum supply). In addition, Binance Alpha will list Dexlab (XLAB) on August 29. — link
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Forwarded from Hyperliquid Announcements
Based on user feedback, hyperp mark prices will use the normal mark price formula incorporating external pre-launch perp prices for the same asset if available. This has no noticeable effect on the vast majority of users and instances, but improves robustness of the system. To be clear, this does not affect funding rates or realized pnl. Thank you to the users who shared constructive feedback based on their interactions with hyperp markets.
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Forwarded from The Kobeissi Letter
It's Nvidia earnings day:
The options market is currently pricing in a 6.1% post-earnings implied move in Nvidia, $NVDA.
This implies a swing of ~$270 BILLION of market cap after the close today.
This is more than the market cap of 95% of S&P 500 companies.
It's also more than the market cap of all but 41 public companies in the world.
Buckle up.
(@TheKobeissiLetter)
The options market is currently pricing in a 6.1% post-earnings implied move in Nvidia, $NVDA.
This implies a swing of ~$270 BILLION of market cap after the close today.
This is more than the market cap of 95% of S&P 500 companies.
It's also more than the market cap of all but 41 public companies in the world.
Buckle up.
(@TheKobeissiLetter)
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been thinking about PMs and i can see how as it accelerates, the world becomes more dystopian similar to black mirror
in a world where almost everything is on the PM, people are incentivised to act accordingly to the odds instead
eerily similar to when influencers let their followers decide their day/decisions as content (happening)
just imagine that when the pot gets big enough and society is on a decline, people are forced to make decisions that align with money instead (we saw a glimpse of this during pumpfun streaming phase -> black mirror s7e1)
basic example:
"odds of streamer A pulling out his tooth on stream"
when the odds are advantageous enough, streamer A places a big bet and pulls his tooth
extreme case:
"odds of taylor swift having a miscarriage"
with a big enough pot and odds, it might actually happen
the entire dildo in wnba is just a prequel
an eventuality if we put everything on the prediction market
in a world where almost everything is on the PM, people are incentivised to act accordingly to the odds instead
eerily similar to when influencers let their followers decide their day/decisions as content (happening)
just imagine that when the pot gets big enough and society is on a decline, people are forced to make decisions that align with money instead (we saw a glimpse of this during pumpfun streaming phase -> black mirror s7e1)
basic example:
"odds of streamer A pulling out his tooth on stream"
when the odds are advantageous enough, streamer A places a big bet and pulls his tooth
extreme case:
"odds of taylor swift having a miscarriage"
with a big enough pot and odds, it might actually happen
the entire dildo in wnba is just a prequel
an eventuality if we put everything on the prediction market
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current stance is that its still early for PMs
still plenty of infrastructure to work on such as oracles, marketmakers, liquidity, etc.
a bit early for its time, but a vertical to keep watch in the years ahead
i don't think PM is better than memecoins or vice versa, both are different expressions and will likely have different applications in the hypergambling space
one is binary with capped upside and longer wait times, other has quicker dopamine hits with room to dream
still plenty of infrastructure to work on such as oracles, marketmakers, liquidity, etc.
a bit early for its time, but a vertical to keep watch in the years ahead
i don't think PM is better than memecoins or vice versa, both are different expressions and will likely have different applications in the hypergambling space
one is binary with capped upside and longer wait times, other has quicker dopamine hits with room to dream
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an argument for futarchy or PMs is that it forces the bettor to do research and make intellectual bets, which makes him think that he has an "edge" and hence participates more
however, i highly question the average bettor's interest in doing said research when participating in PMs
the assumption that majority would do due diligence is a hard sell
most are looking for an easy way out in life through a lucky strike
however, i highly question the average bettor's interest in doing said research when participating in PMs
the assumption that majority would do due diligence is a hard sell
most are looking for an easy way out in life through a lucky strike
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when it comes to gambling, the most important aspect in retention to me is undoubtedly the short bursts of hopes and dreams
its why tokenized attention works
you capture all their attention when the cards are being dealt
in that split second when the slot machines are still spinning, bettors are filled with hopes of a better life
that aspect of PMs must be achieved
just like how a memecoin price chart constantly fluctuates, giving the dreamer short bursts of hope whenever it moves in his way
for now, the odds market still moves too slowly for the attention receptor fried generation
give them hope, give them dreams, and most importantly give them a chance to see and "control" their future
its why tokenized attention works
you capture all their attention when the cards are being dealt
in that split second when the slot machines are still spinning, bettors are filled with hopes of a better life
that aspect of PMs must be achieved
just like how a memecoin price chart constantly fluctuates, giving the dreamer short bursts of hope whenever it moves in his way
for now, the odds market still moves too slowly for the attention receptor fried generation
give them hope, give them dreams, and most importantly give them a chance to see and "control" their future
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