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
leaving this here for future reference
handy correlation chart
#resource correlation
https://www.blockchaincenter.net/en/cryptocurrency-correlation-study/?timeframe=180days&asset1=SP500&asset2=BTC#correlationtable
handy correlation chart
#resource correlation
https://www.blockchaincenter.net/en/cryptocurrency-correlation-study/?timeframe=180days&asset1=SP500&asset2=BTC#correlationtable
Blockchaincenter
Cryptocurrency Correlation Tool & Study - Blockchaincenter.net
Correlation Tool - Show Correlation Over The Last... Is Bitcoin An "Uncorrelated Asset"? We investigated the correlation between the returns of some Cryptocurrencies, gold and big stock indices (S&P 500 and Dow Jones).The Pearson correlation coefficient shows…
incoming NFT concept -> souldrop
it is an NFT that can't be transferred once received
potential applications: university, credentials, POAP (discussed before)
#reads
https://twitter.com/iamjasonlevin/status/1527316022457356301?s=20&t=WIYm6W09bxe0yKJXJz7tXQ
it is an NFT that can't be transferred once received
potential applications: university, credentials, POAP (discussed before)
#reads
https://twitter.com/iamjasonlevin/status/1527316022457356301?s=20&t=WIYm6W09bxe0yKJXJz7tXQ
Twitter
Jason Levin
What is the future of Ethereum? Last week, Vitalik Buterin co-published a paper predicting Ethereum's future. I read the 37-page paper and interviewed its co-authors so you didn't have to. [🧵 THREAD]
Crypto Mumbles
NFTs don't mean much other than the fact that it represents the amount of wealth you hold (like bayc/mayc etc.) they are transferable given the right amount of money, but is that all NFTs can be? Vitalik argues for a non-transferable alternative, one that…
Telegram
Crypto Mumbles
NFTs don't mean much other than the fact that it represents the amount of wealth you hold (like bayc/mayc etc.)
they are transferable given the right amount of money, but is that all NFTs can be?
Vitalik argues for a non-transferable alternative, one that…
they are transferable given the right amount of money, but is that all NFTs can be?
Vitalik argues for a non-transferable alternative, one that…
in-depth persuasive piece on ETH
a long article but worth the read
#reads #newbie
https://squish.substack.com/p/the-triple-halving-where-we-stand?s=r
a long article but worth the read
#reads #newbie
https://squish.substack.com/p/the-triple-halving-where-we-stand?s=r
Trader Epistemology
The Triple Halving: Where We Stand
TLDR: I'm very bullish on Ethereum over the next 18 months
LUNA airdrop is in
I sold what’s available off on KuCoin
there’s still another 75% vested over 2y
I sold what’s available off on KuCoin
there’s still another 75% vested over 2y
play-to-earn, walk-to-earn, sex-to-earn
so many new crypto models are coming out and yet none have been successful (yet? maybe, idk and we'll see in time)
BAT has been here since 2017 with use-to-earn (yes you use the browser and earn) and honestly it has proven to be a healthy and working model imo
5 years on and you still have steadily increasing DAU/MAU
compare this to unsustainable gains by walking w sneaker NFTs or grinding games to earn which attracts many users initially, but these models fail the test of time and sustainability after a period of time (think of how successful they were when launched and how soon it crashed after)
you don't get huge gains from using the browser, but we're looking at the long run here. you don't require any additional NFTs or whatsoever to use the browser. just you and your attention, doing your usual browsing of the internet (and get paid to do so!)
just throwing out quick thoughts I had today
cheers
so many new crypto models are coming out and yet none have been successful (yet? maybe, idk and we'll see in time)
BAT has been here since 2017 with use-to-earn (yes you use the browser and earn) and honestly it has proven to be a healthy and working model imo
5 years on and you still have steadily increasing DAU/MAU
compare this to unsustainable gains by walking w sneaker NFTs or grinding games to earn which attracts many users initially, but these models fail the test of time and sustainability after a period of time (think of how successful they were when launched and how soon it crashed after)
you don't get huge gains from using the browser, but we're looking at the long run here. you don't require any additional NFTs or whatsoever to use the browser. just you and your attention, doing your usual browsing of the internet (and get paid to do so!)
just throwing out quick thoughts I had today
cheers