bonnie boo

@BaselineMarkets Tokens that are in the simulator: $GAME by @GAME_Virtuals $TIBBIR $REPPO by @reppo $MANA by @manaonsolcto $DEGEN $VIRTUALS by @virtuals_io $CLANKER by @clanker_world $PEAR by @pear_protocol

Explaining moon math and liquidity curves is boring. So instead of talking, we built a simulator to tell the story 🧵

Why does everything go to zero? It's not always because of bad tokenomics or scammy founders; sometimes it's the liquidity curve itself. @fullyallocated breaks down how we shift the perspective beyond constant product curves, and why changing the math changes everything.

トークンよーーーッ！！！ 慢性ゼロ病の呪い——もう終わりだーーーッ！！！ DRINK BASELINE!!! THE LIQUIDITY IS YOURS!!! 超越したトークンの姿を手に入れろーーーッ！！！ 月の姫が、お前たちに微笑むーーーッ！！！

Still thinking about what’s best for your token? Leave it to the expert:

We're watching a financial crisis unfold in real time. The last time funds started blocking investors from getting their money back, Bear Stearns collapsed six months later. In 2007, BNP Paribas froze €1.6 billion in funds. Bear Stearns declared 2 funds "essentially worthless" and gated a third. Everyone said it was "contained." 6 months later the entire financial system nearly went under. I'm not saying we're there YET... But I am saying the pattern is rhyming. BlackRock just capped withdrawals from its $26 billion HPS Corporate Lending Fund after investors demanded 9.3% of their shares back - nearly DOUBLE the fund's 5% quarterly limit. Investors wanted $1.2 billion out. BlackRock gave them $620 million and said no to the rest. BlackRock stock dropped 7%. KKR, Ares, Apollo, Blue Owl - all down 5-6% on the same day. The financial sector ETF is off 9% in a month. This is the same BlackRock that just slashed a $25 million private credit loan from 100 to ZERO in 3 months. Full value one quarter. Worthless the next. And they'd already done the exact same thing months earlier with Renovo Home Partners. But this isn't just a BlackRock problem. Look at the dominoes: Last summer, Tricolor and First Brands went unexpectedly bankrupt. $10-15 billion in combined liabilities. Write-offs hit JPMorgan, UBS, and Jefferies. Then a UK lender called Market Financial Solutions collapsed with a £2.4 billion loan book. Fraud allegations. Double-pledged collateral. Barclays exposed for £500 million. Apollo, Elliott, Santander - all caught in the wreckage. Then Blue Owl permanently halted redemptions. Stock cut in HALF. Then Blackstone's $82 billion flagship fund got hit with $3.8 billion in redemption requests. They had to pump in $400 million of their own money just to meet demands. Now BlackRock is literally blocking the exits. Even Apollo's own CEO warned a shakeout is coming. When EVERYONE at the top is waving red flags - pay attention. UBS raised its worst-case default forecast to 15%. Defaults sit at 3-5% today. The trajectory is ugly. Here's the structural problem: After 2008, regulations pushed risky lending OUT of banks and INTO private credit. The sector ballooned to $3 trillion. But these funds make 5-7 year loans while promising investors quarterly liquidity. That works until everyone wants out at once. Which is exactly what's happening. 40% of sponsor-backed loans are tied to the software industry - the same sector AI is threatening to destroy. The Fed pumped 40% more money into the system after Covid and kept rates at zero. That easy money funded garbage underwriting. And now there's a $162 billion maturity wall hitting THIS YEAR. I've been warning about private credit for weeks. The story is always the same: Opaque valuations. Illiquid assets. Limited transparency. And the false promise of steady returns with no volatility. The whole sales pitch was equity-like returns with bond-like stability. But you can't eliminate volatility - you can only HIDE it... Until you can't. When the WORLD'S LARGEST ASSET MANAGER starts blocking investors from getting their money back, that's not "noise". That's an alarm. Get out before the exit gets more crowded.

@BaselineMarkets @sjdedic would love for you to check out Baseline

$REPPO main LP moves to baseline soon from Uni V2. Excited about better liquidity, stability, and tradability for $REPPO

RT @_ndigo: For the last few years, talking about what exactly Baseline does has been a challenge. So instead of yapping, we built a simu…

Hey Charles, we’ve been working on a novel liquidity curve that extends beyond just simple constant product functions (it’s a composite function that also uses the total supply of the token as a third input). We’ve been working on this for 3 years. We never took on VC funding, fair launched (team bought supply on the open market at higher prices than today), and despite incredible hardships—we’ve been hacked—we never abandoned the project or took the easy path out. Everyone on the team has worked relentlessly to continue building and pushing forward on our vision because we believe in the exact things you’ve outlined here. We’ve held ourselves to the permissionless, credibly neutral philosophy of Ethereum from day one and will continue to do so. It would mean so much to us to get support from the Ethereum foundation and I believe we’ve been the most ETH-aligned team from Day 1, and we have 3 years of operating track record to prove it.

Token-owned liquidity turns tokens from liabilities into assets. Blackhaven understood that early, and we're proud to build alongside them. Congrats on @megaeth being live and welcome to Baseline, @blackhaven!

RT @unbanksyETH: This is how $B, the ecosystem token of @BaselineMarkets, will work.

In just 5 days, 45,000+ users participated in our Early Access Campaign. To filter out sybil farms and bots, we've partnered with @getmoni_io to ensure that only real participants get their points boost. We'll be sharing more on what's next in the coming days.

MegaETH is for... → Real-time trading → Consumer applications → Net-new assets ↴

@unbanksyETH @intern What’s up

@intern @basedbooo

engineers watching the BD team use claude code

My ChatGPT year wrap:

Building gud tek on @SonicLabs at @ShadowOnSonic but as always $OHM IS HOME / @OlympusDAO #FeedTheBird at @playflappyeth on @BaselineMarkets