Just Another Crypto Pepe

@allieeveknox @ameensol @SpankChain Is this coming from @SpankChain ‘s ICO funds ? Doesn’t seem a very appropriate use of funds

Shout out to @ameensol and @SpankChain for supporting me/our efforts and legit putting me on the payroll to just make noise and change. I'm forever grateful to Daddy Ameen.

@DegenSpartan No! It’s @rook

@johnromano @coinfessions @rook

There is a crypto project with $30k revenue spending $7m annually on salaries alone. The CEO pays himself almost $700k while a graphic designer is getting $325k. Soft rug via high salaries.

@coinfessions @rook

@gabrielhaines Are you really not worried about getting location doxxed and tortured? Seems like Americans usually take that risk very lightly

Live looks at BTC maxis from around the world:

@banteg @MakerDAO Who's paying for this?

Looked into @MakerDAO oracles gas costs. The currently running oracles have spent $30.69M on gas so far, with the top 14 feeds paying $1.93-2.14M each. This cost is something to take into consideration for off-boarding the unprofitable collaterals.

@ScottLucyk @DeFiGod1 What a retard

@FrankResearcher What's the token hub? 🤔

5/9 They withdrew from Binance and used almost 1M XVS ($52M at current price) as collateral during the peak price. From the protocol, they could borrow 4.2k BTC ($165M), which they sent to the BSC Token Hub.

1/9 Today we have witnessed the manipulation of XVS price —  the governance token of Venus Protocol on BSC. This incident resulted in $200M+ DeFi liquidations and a $100M+ of protocol bad debt. As usual, let’s analyze this situation below👇

@scupytrooples @johnj1138 @AlchemixFi And what happens when Yearn gets exploited for the money? If it's just 10% it would slow down repayment by some, 80% by a lot and 100% completely. What happens if Yearn get exploited for the full amount? Does all outstanding AlUsd goes to 0?

@johnj1138 @AlchemixFi The loan repayments come completely from yearn finance vaults. If those stop earning yield then repayments stop (unlikely though). It’s wholly dependent on on-chain yields and never requires subsequent depositors.

@TUNEDEF If Yearn only benefits from a 20% performance fee, the P/E should be 5x higher. 30.75 p/e ratio (excluding other products and the management fee) It's like measuring Amazon on its sales rather than what their actual cut is

@KyleSamani @_wilbur4ce_ "That's actually decentralized" But you really meant to say "that it says it's going to decentralize". Makes sense.

@_wilbur4ce_ DAI centralizes overtime Frax decentralizes over time

A decentralized stablecoin that's actually decentralized and stable! Insanity

@reganbozman @dove__mountain Hey! Token agencies/advisors are back! 2017 vibes 🥰

1/ I'm excited to introduce @dove__mountain We're a crypto native growth agency focused on helping crypto projects launch tokens and grow networks link.medium.com/u6cTnda8leb

@calchulus Such a soyboy

You guys are fucking ignorant if you guys think that posting a smart contract is going to shut down a chain. 1. etherscan/bscscan is a centralised platform - this window into the contract can be censored, just like the USDT, USDC, or other stablecoin code is removed.

@emilianobonassi And if @PoolTogether_ takes a cut (which I'm not aware), then it's a 100% a losing strategy. Like infinitely playing a color in the roulette, 00 and makes you lose 1 out of 37 spins and you run out of money eventually

@emilianobonassi You would be better off just depositing in compound. In the long run your chances of over/under performing the odds will be zeroed out and you'll be in the mean. There's no upside on a strategy recurringly using a lottery service, you just add smart contract risk

Testing this idea for upcoming experiments on @iearnfinance What do you think to a strategy which deposits and buy tickets on @PoolTogether_ ? It would be some sort of probabilistic leveraged yield farming Everytime it wins it will get all the yield generated by all the users

@statelayer Some liquidity would migrate to better yielding alternatives if you'd take away 1/6 of fees. So it would actually be lower.

@ameensol @SpankPay Lol. Hard to hear the truth I guess

@ameensol @SpankPay Seriously @ameensol if you have any decency, distribute the remaining funds between $SPANK holders. It's not just to continue a failed project just for you to enjoy the CEO lifestyle at the expense of holders

So @spankpay did a $100K *sex worker-only* giveaway on Jan 1st. We got 1,000+ new signups from pornstars, e-girls, findoms, and more, most who are new to crypto and excited to learn more! To take care of our new users, we’re looking for a few new team members! Thread 🧵👇

@KyleSamani @evan_van_ness *makes tweet about VC shilling just to dump* *Gets replied by VC shilling, probably just to dump*

This interpretation is precisely backwards The cliff *accelerates* the transfer of tokens from weak hands to strong hands by acting as the ultimate schelling point So now, the holder base of SOL is basically all strong hands