donn
5,307 posts
donn
@tzedonn
career break, exploring new things
Joined March 2010
- interesting how there's $2.85b getting 2.7% on @aave rather than 4.3% on 3-month T-bills. people are forgoing 1.6% of risk-free yield (~$45m) due to on/off-ramping trouble, kyc trouble, and avoiding the risk of newer non-kyc methods of getting t-bill yield on chain?
- General observation from @ethcc is that VCs are incredibly bored. There just hasn’t been any innovation for the past few months — only more restaking, LRT, L2’s, AI, BTC L2’s with small differences with each other.
- So bearish on the state of the industry when founders have to ask VCs "what narratives do you invest in". VCs are supposed to be investing in great founders solving real problems, traders trade narratives🫠
- my fav bottom signal just sold all his $XPL
- quick life update: I've recently joined @BHDigitalAssets to invest in liquid tokens. Markets down bad but never a better time to invest in the best liquid teams! will also be at #TOKEN2049 🇸🇬. DMs open for kopi 1-1s with liquid token teams :)
- Looks like @goldfinch_fi is in for another default. Lend East just revealed today that they can only repay ~$4.25M of their $10.15M loan from the Goldfinch pool, for a whopping 58% loss. This default also represents ~7.7% of total active loans on Goldfinch. According to some
- $135B of stablecoins on-chain now have the opportunity to earn 4.4% yield through short-term US Treasury Bonds.. as opposed to 1.2% on Aave or 1.8% on Compound1/ 🚨 @OndoFinance is bringing US Treasuries and institutional-grade bonds on-chain 🚨 We are making it possible for stablecoin holders to invest in US Treasuries through a daily liquid, bankruptcy-remote, tokenized fund with regulated service providers. blog.ondo.finance/announcing-tok…
