BTC LOVER

1.4K posts

BTC LOVER

BTC LOVER

@future_is_btc

#btc #bitcoin #eth

Katılım Eylül 2011
3K Takip Edilen332 Takipçiler
monetsupply.eth
monetsupply.eth@MonetSupply·
@Cbb0fe in my mind, the determining factor is, is the bridge "part of" the kelpdao protocol or not? if it is, one could say that rsETH users and collateral integrations accept bridge risk even while they are on ethereum
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monetsupply.eth
monetsupply.eth@MonetSupply·
with stablecoin markets beginning to become illiquid, the situation is now entering a more dangerous stage imo to break down the driving factors: the ETH market is ~16.5% backed by rsETH, and rsETH backed loans could see up to 10-15% haircut in emode if losses are socialized equally on mainnet & external chains, leaving 2-3% residual haircut for ETH suppliers after wiping out umbrella ETH suppliers are naturally incentivized to get out ASAP to avoid this, so utilization is pinned at 100%, and borrow rates are not high enough to incentivized repayment of unrelated LST loops (wstETH, weETH) to free up liquidity because it is impossible to withdraw ETH, users borrowing stables like USDT against ETH collateral cant unwind their position even when the rates for stablecoin borrowing start to spike, which severs the typical incentives scheme keeping these markets healthy now we have 2 unhealthy incentives based on the markets becoming locked at 100% utilization 1) ETH holders cannot unwind their positions to maintain healthy LTVs, and liquidators cant withdraw/sell collateral to close positions atomically, meaning that ETHUSD price drop could potentially cause bad debt 2) users supplying USDT have a perverse incentive to max-borrow other stablecoins as a way of exiting, the position has positive carry (for now) so the optionality has low cost, while if conditions worsen they can get at least 75% of their position value out of the market bottom line is, for these pooled/rehypothecated lending markets to function properly, liquidity must be preserved AT ALL COSTS. recent slope2 changes nerfing Aave's max borrow rates are having a negative effect and significantly increasing the risk of cascading market failure
monetsupply.eth tweet media
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DealBee Deals
DealBee Deals@DealBeeOfficial·
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Cascade
Cascade@cascade_xyz·
Given strong initial interest, the pre-allocation cap for Cascade’s Liquidity Strategy (CLS) will be raised to $2M on Tuesday, Jan 6th at 12pm ET. This is the next opportunity for eligible users to earn Cascade rewards ahead of trading going live.
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Crypto ₿oss
Crypto ₿oss@crypto_baas·
@future_is_btc @cz_binance Bro, i went short or 2 minutes. How did this happen. After longing alll the time and havind so much conviction. I got liquidated and sidelined on the coins I had so much conviction for. My stomach hurts man. I wish everybody the best, they deserve to win with $Aster.
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Crypto ₿oss
Crypto ₿oss@crypto_baas·
I've been longing $Aster the whole time,... litterally the whole time. And just when everything was going down I decided to short. And than @cz_binance posted he bought Aster. I got liquidated in seconds... I don't know know what to say, just don't do like me. Best of luck
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m a s
m a s@themasmedia·
@WatcherGuru Silver's waking up too 👀 Overtook BTC
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Watcher.Guru
Watcher.Guru@WatcherGuru·
JUST IN: Gold reaches new all-time high of $4,100.
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BTC LOVER
BTC LOVER@future_is_btc·
Longed ENA at ~$0.45 around 07:55 IST, placed TP at $0.454 at 7:55 ist for $300 profit. Order stayed open despite price hitting target—platform froze. Couldn't exit for ~2 hrs, ended up closing at a $1,300 loss on a leveraged position. Risked liquidation. Need accountability.
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BTC LOVER
BTC LOVER@future_is_btc·
@vnovakovski @ButcherWhoRU @degenomics @HyperliquidX @Lighter_xyz Longed ENA at ~$0.45 around 07:55 IST, placed TP at $0.454 at 7:55 ist for $300 profit. Order stayed open despite price hitting target—platform froze. Couldn't exit for ~2 hrs, ended up closing at a $1,300 loss on a leveraged position. Risked liquidation. Need accountability.
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Monad Media
Monad Media@MediaMonad·
The first 1k people to interact will receive a special reward
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idontpaytaxes
idontpaytaxes@untaxxable·
This is a real irl friend btw
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Shashwat Chauhan
Shashwat Chauhan@Shashwat_web3·
Look everything’s running smoothly on @CoinDCX. Funds are secure. Platform is stable. Don't fall for FUD 🫡 Let’s move forward...
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Throttle and Tech
Throttle and Tech@throttleandtech·
Wah kya chaal hai teri 😍 Too soon to say but this may become best purchase of the year for me haha
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Torque India
Torque India@TorqueIndia·
Whos buying this windsor over BE6? 18.31L vs 18.90L
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DealBee Deals
DealBee Deals@DealBeeOfficial·
*gets happy about a 50k TV loot deal* ₹37 in my bank account:
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MIDL.dev - Staking Services
MIDL.dev is voting NO to a governance-initiated transfer on the Sui network. It sets a bad precedent, hurts $SUI as a neutral store of value and ultimately harms the ecosystem. Freezing the funds so they remain out of reach of hackers is a sufficient middle ground.
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