alex
15.2K posts
Monday means volatility 👀 Very high chances that $BTC will see some liquidity grabs and then continues higher. Check my Bio for more.
Very interesting discussion about crypto credit cards this morning. I recently switched from Kast to EtherFi, I had accumulated a ton of Kast points that were supposed to be converted into tokens (worth around $15k USD for me) but then they changed their plans. Since then, there haven't been any updates regarding the TGE or airdrop. More interestingly, what sparked the controversy was the apparent disconnect between the success of crypto cards and the value of their native tokens. However this is basically true for almost every crypto product (outside of Hyperliquid maybe), so I'm not sure that's the strongest angle to criticize them
Basalt Vault is live on @Arbitrum. With this launch, Arbitrum users can now access a managed onchain vault experience built for simpler strategy execution. Basalt uses @GMX_IO’s BTC/USD GM pool as the core strategy component, with BTC exposure hedged through @Dolomite_io. In practice: • GMX provides the liquidity pool layer • Dolomite supports the hedging layer • Basalt packages the full setup into a cleaner vault experience The goal is to make this strategy easier to access without requiring users to manually build the position, monitor the hedge, or handle ongoing rebalancing. Explore Basalt Vault: app.btva.io
