English
Locus Walker
3.9K posts
@Benjamin918_ is this “friend” in the room with us right now?
English
Just focus on paradox of UK making BitPanda advertise a Pound stablecoin backed by UK debt as "high-risk investment" for a moment. Is it bad ads for BitPanda or the UK debt sustainability?
Bitpanda@Bitpanda_global
Post is intended for a UK audience. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. 🇬🇧 tGBP is now live on Bitpanda Trade the tokenized British Pound by @tokenGBP , fully backed 1:1 by cash and short-term UK gilts. tGBP brings native GBP liquidity to the digital economy
English
Because permissionless infra sine qua non require DD from interested user. It's time the market realize lending on Aave have a different risk profile than on Morpho. And not because "Morpho bad" given it's AAVE who onboarded riskier profile as the Kelp fiasco showed us.
Mikko Ohtamaa@moo9000
@cocoahomology Why it is always Morpho
English
@yc989 This is the nth proof being smart about something doesn't mean being smart in the absolute meaning of the word
English
Horrifying that some of the smartest people in the world are this naive as to make an argument for “we should pause AI development in a deal with China”.
Daniel Kokotajlo@DKokotajlo
In AI 2027, we predicted that AI would take over the world or irreversibly concentrate power. In AI 2040: Plan A, we've laid out our positive vision for what should happen instead.
English
@eldarcap @eulerfinance Unfortunately they surfer from BD' budget being quite nasty to work with.
English
I think $EUL is one great BD partnership from a large repricing. @eulerfinance is likely one of the most undervalued lending facilities in DeFi. NFA ofc
English
People didn’t learn anything from Ingress, and later from Pokémon GO, did they?
Dexerto@Dexerto
New game 'CatchCat' lets you collect real-life cats like Pokemon Go Every cat you photograph becomes a collectible card with its own stats and traits
English
@LocusWalker decimate, get a grip, cut it
just figure it out because math ain’t mathing
English
only three ways out:
1- decimate the welfare state (no one likes austerity they tried this in 2010)
2- keep inflating debt away and ppl keep getting angrier and more confused at who to blame (EU in 2016, brown people rn)
3- get lucky with ai innovation so that gdp outpaces debt growth (Americhads)
not really another option
GBTT — Great British Think Tank@GreatBritishTT
Borrowing runs £5.6 billion hot in May. For households and businesses, the immediate implication is not fewer rate cuts; it is a greater risk of tighter fiscal policy — higher taxes or slower spending growth — at the next Budget. gbtt.info/data-release-p…
English
@GodiCap Posting collateral would work only if morpho/euler build a framework to segregate it. I already smell curators circularly posting collateral between protocols otherwise.
English
At least mfers from stream or mainstreet had to work on creating a ponzi to scam, these curators just go like yeah well lend you 100M of depositors money , take 10% and when things go bad they just go “oopsie we didnt know”. JFC give me the 100M i lose them myself lmao.
I really think morpho/euler whatever should make this guys post collateral/equity as a junior tranche for them to be able to curate those markets, so they actually have a minimal incentive to not royally rape their LPers.
English
Would anyone be surprised if peace-deal is announced the day of Space-X IPO? Worst case scenario arabs have so much interest in IPO going well they're actually bribing Iran into accepting any deal.
English
These two boxes are bittex containment zones. You will find the worst of him there, but luckily it will be over quick
English
@Crypt0Panda @stogolp Another push below support as in '23, kinda agree.
English
English
@typingdumbstuff @cocoahomology @0xMakima_ @apyx_fi Little Engines strategy did not perform well.
Then, instead of a haircut which should happened jear immediately, users are now paying lawyers ad infinitum while holding junior risk and assets like RLP.
English
since you asked -
the @apyx_fi team is not only providing borrow to their own markets + looping their own tokens
they are also the top points holder, buying their own YTs
Stephen | DeFi Dojo@phtevenstrong
@0xMakima_ @apyx_fi @StreamDefi 0xd17, afaik, isn't part of their backing. I.E., it's not on their books. Do you have proof that their NAV is accounting that wallet as backing?
English
@insiliconot @RNR_0 Manifacturers are already crying about cpu getting more expensive, just a matter of time before we see cpu prices to increase imo.
English
@RNR_0 Only Cpu , psu , and motherboard prices remained relatively unchanged, rest went full tard. If u just gonna use it as u use pc now i would restrain. Eventually supply recovers.
And nvidia stuff isnt it just Cpu/gpu sheanaginas to compete with apple loptops on windows platform?
English
I still have a GTX 1080 from 2017
Need a new pc. Is it worth the wait?
NVIDIA@nvidia
A new era of PC. 25.0528, 121.5990
English
@diogenes @Pina_C_U @zama @PatagonLLC The indipendent directors will be held responsible for the losses users suffered? There is a long list of malpractice so it's either Stream or them.
English
@Pina_C_U @zama @PatagonLLC No one is holding anything hostage.
The independent directors are deciding how positions should be closed. There is a bureaucracy that is extensive with this things which is frustrating but just how it works.
We are doing all we can to make sure people get their money :)
English
The freezing of Overnight Finance's absconded with funds in @zama is a win for DeFi.
A governance vote to return funds to investors was lodged. OVN's Max unilaterally announced a move of funds to his own wallets and then to Zama.
Voters (including our prop arm, @PatagonLLC) went to the courts. They saw enough of a case to freeze the assets pre-emptively.
This is a big change from when @PatagonLLC tried the same against Spartacus DAO and was ignored, leading to the defendant converting the funds into non freezable assets (although we still eventually got his ass).
I am a proponent of privacy. I am also a proponent of the law being pro crypto. I think the judge acted in a way that will set a great precedent for people having more legal recourse against scam artists, conmen and bullies.
PaperImperium@ImperiumPaper
Everyone should be paying close attention here. Civil suit related to an external depositor has now gotten a smart contract with public funds frozen by Circle. This is a big precedent, and feels like it’s downstream of the Kelp incident waking people up to the dangers that civil suits pose to DeFi
English
@poordart Iranian already sent it back claiming Trump is hallucinating more than gpt4 when asked to count letters
English
@buffermet @0xaporia It's bearish in the same sense as "most people is awake when sun is high in the sky". Look at returns while rsi is oversold.
English
"Overbought RSI" has historically been bullish, if anything. But it's not really useful for a number of reasons. Even less so if you cherry-pick data points.
Frank@FrankAFetter
Just the fourth time in the last year $BTC is Overbought on the 1-day RSI
English
@BardyGG @bas3dp0tat6 HL was too much hyped/shilled to avoid regulators interest. After 10/10 calling out after HL was definitely -EV from their pov.
English
@bas3dp0tat6 Temporary loss; I’m sure they knew that if HL got big enough that they would finally get on the radar of regulators, and now they have. They stayed silent, protected their reputation, and now will get to compete meaningfully with HL.
English
OPs comments are full of low brows calling him retarded for a valid take.
one of the biggest point of regs is so the playing field is level and participants can compete fairly in a free mrkt.
tbh i’m actually surprised binance et al haven’t turned on the lobbying pressure in the same way that draftkings have lobbied gaming commissions against Predict Mrkts. CZ wouldn’t have let that one slide.
i don’t know where HL will end up, maybe HL buys enough WLFI that the govt goes the other way and starts deregulating all offshore exchanges again but i don’t think this status quo can remain.
Bardy🧢@BardyGG
This is just the modern day version of “steady lads” IMO They are gonna be forced to KYC and 80% of volume is gonna flee to the next unregulated derivatives exchange. Every cycle in crypto had one, HL is just the latest. Bitmex, FTX, Binance, Bybit, the list goes on, all got KYC
English
@LocusWalker @heart_ Why would it need to devalue its currency though? It was very close in gdp per capita to the Germans and French.
English
it’s not Euro’s fault lol
Michael A. Arouet@MichaelAArouet
This is really eye-opening, Italy lost two decades. Italians today earn less in real terms than 20 years ago. Seriously, will politicians ever admit that the euro's introduction in Italy was an epic failure, or will they keep pretending nothing happened?
English