it gets annoying when people call crypto investments scams just because they lose money (esp so in the case of LUNA) when they did not do their own research and manage their risks
as Sam explains, the mechanism was transparent and the risk was clear
no one got tricked into anything
https://twitter.com/sbf_ftx/status/1525624598066241538?s=21&t=crL8Inh7tkPhZ6Nn6Mz4nQ
case in point:
https://twitter.com/watcherguru/status/1525451542857383938?s=21&t=8588dDDwS6u3ZbpJLr-Pqg
as Sam explains, the mechanism was transparent and the risk was clear
no one got tricked into anything
https://twitter.com/sbf_ftx/status/1525624598066241538?s=21&t=crL8Inh7tkPhZ6Nn6Mz4nQ
case in point:
https://twitter.com/watcherguru/status/1525451542857383938?s=21&t=8588dDDwS6u3ZbpJLr-Pqg
Twitter
SBF
1) Not all bad things are the same bad thing
T table breakdown of current outlook shared by a member
one more bearish point would be on macro outlook
https://twitter.com/cryptodonalt/status/1525542667492413442?s=21&t=rLU6-Kh9bQpvMurW0HlJdg
one more bearish point would be on macro outlook
https://twitter.com/cryptodonalt/status/1525542667492413442?s=21&t=rLU6-Kh9bQpvMurW0HlJdg
Twitter
DonAlt
Bullish 1) Capitulation on an insititutional level 2) Retail selling Tether out of fear 3) Alts down 90%+ 4) BTC down 50% 5) More targets for <$20k than >$40k 6) Popular narratives dead and ridiculed 7) "Heros" turned into public enemies 8) Trading near historic…
compensating LUNA/UST investors through a tiered system by compensating the poorest 99.6% first
https://twitter.com/PersianCapital/status/1525226153304199168?s=20&t=pMSpQv6HZh_PtWlFrS_-Fg
https://twitter.com/PersianCapital/status/1525226153304199168?s=20&t=pMSpQv6HZh_PtWlFrS_-Fg
Twitter
PersianCapital 📖
Some interesting data on $UST and Terra's Anchor Protocol: - There are 256K Anchor wallets - The top 1000 Anchor wallets own 82% of all UST - The poorest wallet in this top 1000 has 955K UST This is great news for $UST / Anchor depositors. Why? Let me explain..…
lens protocol is live!
claimable only if you’ve signed the open letter
https://twitter.com/lensprotocol/status/1526947324395675650?s=21&t=moA1i2Ta5A0n2xUML67Niw
claimable only if you’ve signed the open letter
https://twitter.com/lensprotocol/status/1526947324395675650?s=21&t=moA1i2Ta5A0n2xUML67Niw
Twitter
LensProtocol.eth 🌿
Lens is live! 🙌 Visit lens.xyz to join the garden 🌿 twitter.com/banklesshq/sta…
Crypto Mumbles
one profile for all social media platforms https://lens.dev/ lens solves the issue of social media platforms locking up followers, profile, and content lens will allow you to bring your profile, followers, and content across the different social media platforms…
lens tldr here for those that missed it ^
a compilation from veterans and they mostly say the same few things
dca, don’t be too bothered w the market, keep learning, and don’t leave the space
https://twitter.com/thedefiedge/status/1527272894719479808?s=21&t=DHlMocYqdD9Ht2peb4s-gw
dca, don’t be too bothered w the market, keep learning, and don’t leave the space
https://twitter.com/thedefiedge/status/1527272894719479808?s=21&t=DHlMocYqdD9Ht2peb4s-gw
Twitter
The DeFi Edge 🗡️
To the OGs who survived the 2018 bear market: What advice do you have for the newbies experiencing their first Crypto bear cycle?
Kromatika Finance
how it works
this is a p interesting project
it allows you to LP and automatically sell upon hitting your limit order
e.g. you think that ETH will be ranging between 2.5k - 3k, and you want to be farming the range. You LP ETH/USDC and concentrate liquidity within the said range with a limit order at 3k. If ETH hits 3k, then your LP position will be closed and you'll get your LP fees.
This is great because now you can farm within tight ranges and minimize I/L instead of having to constantly monitor prices and manually pulling the LP position out once price has broken out of your range
however, the limit sell can only be above the current price of the asset. meaning if price tanks then you'll still get I/L from the breakdown of your range
still an interesting concept worth checking out
how it works
this is a p interesting project
it allows you to LP and automatically sell upon hitting your limit order
e.g. you think that ETH will be ranging between 2.5k - 3k, and you want to be farming the range. You LP ETH/USDC and concentrate liquidity within the said range with a limit order at 3k. If ETH hits 3k, then your LP position will be closed and you'll get your LP fees.
This is great because now you can farm within tight ranges and minimize I/L instead of having to constantly monitor prices and manually pulling the LP position out once price has broken out of your range
however, the limit sell can only be above the current price of the asset. meaning if price tanks then you'll still get I/L from the breakdown of your range
still an interesting concept worth checking out