Lex
239 posts
Lex
@0xLexLoot
chief @venafinance | blended gooner @fluentxyz
Katılım Şubat 2024
199 Takip Edilen55 Takipçiler
'tis official
vena@venafinance
Welcoming @sharpbytexyz as the risk curator for Vena, the native money market of @fluentxyz. SharpByte, an LP fund with deep DeFi ops and skin in the game, will assess asset listings and risk parameters across all our markets. Onchain yield, with an offchain edge.
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Lex retweetledi
@tulipacapital well written piece, would also add the need for a bridge/answer to "what happens after the deal ends".
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Lex retweetledi
Assets added to the roadmap today: Fluent (BLEND)
coinbase.com/blog/increasin…
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Lex retweetledi
FIRST PRESS COLLECTION UPDATE
TL;DR: NFT price is now 0.25 ETH for Tier 2, 3 & 4.
We’ve been listening closely to the feedback around the First Press Collection, and we truly appreciate everyone who took the time to share their thoughts.
One thing became clear: Reputation-based access is doing its job, but the price differences across tiers were creating unnecessary friction.
So we’re simplifying the pricing model.
Tier 2, Tier 3 and Tier 4 will all mint at 0.25 ETH. In parallel, geoblocking has been relaxed to reduce unnecessary regional exclusions for this sale.
What doesn’t change:
- Reputation remains the core signal for access.
- Tiering still determines when you can mint.
- Supply, distribution and mechanics are unchanged.
The sale opens to Tier 2 users in 1 hour (9 AM EST).
Appreciate the direct feedback. We’ll keep iterating in public.
Fluent@fluentxyz
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InfoFi got cooked by X.
Off-chain signals can be stronger due to less noise. Combined with on-chain signals, it can more accurately profile users.
The tide is rising.
x.com/nikitabier/sta…
Nikita Bier@nikitabier
We are revising our developer API policies: We will no longer allow apps that reward users for posting on X (aka “infofi”). This has led to a tremendous amount of AI slop & reply spam on the platform. We have revoked API access from these apps, so your X experience should start improving soon (once the bots realize they’re not getting paid anymore). If your developer account was terminated, please reach out and we will assist in transitioning your business to Threads and Bluesky.
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@blendino @venafinance blend our love together and we'll take a BBC for two
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🃏 @venafinance x @fluentxyz , reputation priced capital (explained simply)
the problem they’re pointing at is actually very basic:
in defi today, capital treats everyone the same.
good actors, bad actors, new wallets, old wallets, same rates, same terms.
in the real world, that’s not how it works.
your track record matters. reputation compounds. better behavior - better terms.
what vena is doing:
- introducing reputation weighted rates
- your past behavior directly affects how expensive capital is for you
- capital finally has “memory”
how this works:
- fluent creates a print (your onchain reputation)
- stronger print - lower risk- better borrowing terms
- weak or no history - you pay more
and this is good because:
- good actors stop being overcharged
- capital gets allocated more efficiently
-incentives shift from pure leverage to consistency
vena goes live with fluent mainnet
waitlist is open for early access
fill this form: docs.google.com/forms/d/e/1FAI…
vena@venafinance
DeFi prices capital as if everyone is equally untrusted. That’s broken. Vena introduces reputation-weighted rates, so reputation directly affects the price of capital.
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Pricing everyone the same is almost never optimal.
Capital is no exception.
Meet Vena, the newest member of the Blended Builders Club 𖠂
x.com/venafinance/st…
vena@venafinance
DeFi prices capital as if everyone is equally untrusted. That’s broken. Vena introduces reputation-weighted rates, so reputation directly affects the price of capital.
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@venafinance Your actions are recorded by Prints, which results in better terms for you
Simple
GIF
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Lex retweetledi
Great coverage!
Agreed that lazy yield will die cause managers/curators always push up the risk curve to max perf fees.
On options vs perps, perps succeed cause there's only one dimension (price) for the user to think about. Options has two (price and time), which increases pricing and liquidity complexity.
I can't really see a future for options (esp on-chain) to take off beyond top 20 assets cause of the increased complexity and fragmented liquidity.
Curious on your thoughts.
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