rpc20

@TaxAlphaInsider @ColeWilcoxCIO would prediction markets like kalshi be considered section 1256?

I'm very interested in managed futures as portfolio diversifiers. There are some gnarly corners, but how these things are taxed is pretty straightforward once you understand it's a function of the wrapper. @ColeWilcoxCIO how could I improve this?

@SowingAlphaSeed @frothyassets wrt to the tax benefits, I've seen that many of these covered call ETFs end up reclassifying the dividends as "return of capital" transactions and the end of the year—which negates the tax benefits of shorting. Have you looked into this?

@frothyassets Its pre-tax returns have been decent, but I still assign it ~0 probability of having positive alpha long-term. And it has tax benefits.

Here's an example of the type of ETF I like to short. Borrow fee just dropped to a very reasonable value, but fund AUM is only $31M so not sure if it'll stay there. #fund-details" target="_blank" rel="nofollow noopener">peerlessetfs.com/#fund-details

@bryan_johnson What do you think about algae cooking oil? Lower sat fats and better stability at high temps than avocado oil

What I'm eating today Layered Cauliflower Purée with Spinach, Black Lentils, Sweet Potato Ribbons & Oyster Mushrooms Ingredients Cauliflower Purée 1 medium head organic cauliflower, chopped (≈500 g) ¼–½ cup low-sodium vegetable broth (no additives, no sugar) 1 tbsp nutritional yeast (≈5 g) 1 tsp Blueprint extra virgin olive oil (5 g) Sautéed Spinach 4 packed cups organic spinach (≈120 g) 1–2 tbsp filtered water (for gentle sauté) Black Lentils ½ cup cooked black lentils (≈100 g) 1 tbsp fresh parsley, finely chopped Sweet Potato Ribbons 1 small organic sweet potato (≈150 g), shaved into ribbons using a vegetable peeler 1 tsp avocado oil (5 g) Oyster Mushrooms 1½ cups oyster mushrooms (≈120 g), torn 1 tsp avocado oil (5 g) Garnish 1 tbsp hemp seeds (≈10 g) Method 1. Cauliflower Purée Steam cauliflower until very tender, with no browning. Blend with warm vegetable broth, nutritional yeast, and EVOO until completely smooth and silky. Adjust broth for texture; keep warm. 2. Spinach In a pan over low heat, add spinach with a splash of water. Gently wilt until just tender and vibrant green. Remove immediately. 3. Lentils Bring a pot of filtered water to a gentle boil. Add lentils and boil uncovered for 8 minutes. Drain immediately. While warm, fold in 1 tbsp fresh parsley, finely chopped. 4. Sweet Potato Ribbons Toss ribbons lightly with avocado oil Bake at 300°F / 150°C until soft and pliable (about 18–22 minutes). Avoid caramelization or crisping. 5. Oyster Mushrooms Toss mushrooms with avocado oil. Roast at 300°F / 150°C until just tender and lightly cooked (12–15 minutes). No browning. Assembly Spoon warm cauliflower purée onto the base of each plate. Layer sautéed spinach evenly on top. Add black lentils with parsley. Arrange sweet potato ribbons softly over the lentils. Finish with oyster mushrooms and a light sprinkle of hemp seeds. Serve warm. Estimated Macros (Per Serving) Calories: 315–335 kcal Protein: 16–18 g Carbohydrates: 36–38 g Fiber: 13–15 g Net carbs: 21–23 g Fat: 12–13 g Serving size: 2 Saturated fat: 1 g Sugar (naturally occurring): 7–8 g Sodium: low–moderate (from low-sodium broth + nutritional yeast) Blueprint Notes Cook temps intentionally kept low to avoid AGEs Lentils provide slow digesting protein and resistant starch Sweet potato portion controlled to maintain glycemic balance Hemp seeds add omega-3s without excess fat Zero added salt, spices, or sugars

@mansourtarek_ @nytimes nice edit

“Making a living betting on prediction markets just might be one of those era-defining occupations — like being a Wall Street trader in the 1980s, a dot-com founder in the 1990s or an influencer in the 2010s.” Thank you @nytimes for writing about the real force behind prediction markets: the traders.

@quantymacro try no/minimal water after dinner. front load water drinking earlier in the day.

bad news: now it’s winter so I have to wake up 2x in the middle of the night to pee so my Sharpe is halved even further good news: the original Sharpe is negative

@TaxAlphaInsider I don't think your dm's are open

Most advisers interested in tax-aware long/short strategies (e.g., 130/30, 250/150) soon realize financing costs vary widely across custodians, managers, strategies, and leverage. So, one issue I'd like to tackle in my tax-aware long/short working group is total cost transparency and benchmarking (and financing is a material component). Send me a message if you're interested in participating or simply sharing data.

@alphaarchitect @CharlesSchwab @MebFaber will these get passed through to the customer?

@CharlesSchwab , I thought you said you were the "good guys" when Fidelity was drug through the mud on this a while back??? Cc @MebFaber

@hourglasshq @stable but what are you doing with the deposited funds?

Hourglass is excited to introduce its institutional vault for the @Stable Pre-Deposit Campaign – Phase 2. Deposits will be deployed in partnership with a top-tier investment bank with deep experience in crypto markets, creating up to $500M of USDT liquidity on Stable.

@stable @ConcreteXYZ @fraxfinance @MorphoLabs @pendle_fi @USDT0_to @LayerZero_Core @gauntlet_xyz @Theo_Network 🤡

Phase 1 of the Pre-Deposit Campaign hit an $825M cap! A big thanks to our partners and the community for making it happen. More to come over time. Stay tuned! @ConcreteXYZ @fraxfinance @MorphoLabs @pendle_fi @USDT0_to @LayerZero_Core @gauntlet_xyz @Theo_Network @imTokenOfficial

@stable @ConcreteXYZ the caps filled before you even tweeted this... insiders eating

The Pre-Deposit Campaign by @ConcreteXYZ is now live. Momentum is building as Stable’s foundation takes shape. Join the campaign led by Concrete: stable.concrete.xyz

@hieuphams @sunil_trades how were you able to fix the "Unfortunately we couldn’t verify you" error? I am stuck there

@sunil_trades 1) Email to sumsub QR KYC through ftx bahamas site 07.11.24 . 2) after scanning QR code received instant message „Unfortunately we couldn’t verify you“

FTX Bahamas Claim: KYC Many creditors are stuck on KYC: Verification in Progress Creditors are receiving emails to complete KYC identification with Sumsub in the Bahamas process Sumsub: KYC Once IDs, liveness checks and docs adequately provided, creditors should be KYC verified.

@SplitCapital @DefiApes @Dostoevsky0x over what timescale do you think exchanges will do liquidations for this liq?

@DefiApes @Dostoevsky0x Liquidations aren’t always immediately processed, the exchange can warehouse the risk and redistribute the liquidation depending on the liquidation engine and size of the liquidations in aggregate.

When the market turns like this, there’s usually a pretty straightforward playbook for the aftermath. 1) Market bleeds out and MMs are offline and start refilling by first taking out big spot and perp arbs on assets. 2) Once exchanges and API feeds are back online, market makers and big traders start biting on big orders to bring the market back to equilibrium. This is met with liquidation orders being processed. Liquidation orders are processed at the top of the exchange order queue so it’s very juicy to pick off if you have balance sheet. Given the size of this liquidation (~$25-$40bn) it will take a while to chew through this. 3) Once dealers fill long they will start unwinding spot and perp when the market is back to equilibrium. This is when the market hits a local maxima and the Dalai Lama chart starts hitting. Some assets that have tighter supply will look better than others. 4) Dealers unwind over the next 24-72 hours depending on the liquidations and the market absorption. This is generally harder on weekends because no ETFs. 5) Market finds a natural floor and ceiling and starts a new anchor Note: this is assuming that the market’s headline risk has mostly subsided. In the case this isn’t true, there is a lot more room for pain depending on leverage ratios. This is a trader’s market for the time being. Good luck and good night 💤

@stalequant @HypurrFi @HyperUSDH @pendle_fi @kinetiq_xyz @felix @MorphoLabs @ethena @aave you got the wrong felix there too @felixprotocol

@JSeyff @EricBalchunas is this live immediately?

@EricBalchunas Basically if the asset has a futures contract trading on a regulated exchange (i.e Coinbase derivative) for 6 months. It will be allowed to become a spot ETF.

WOW. The SEC has approved Generic Listing Standards for "Commodity Based Trust Shares" aka includes crypto ETPs. This is the crypto ETP framework we've been waiting for. Get ready for a wave of spot crypto ETP launches in coming weeks and months.

@karl_0x @smyyguy blockworks.co/analytics/trea…

@smyyguy link?

Monitoring the situation

@Evan_ss6 @RobinhoodApp @vladtenev what if you bought a tbill etf and then did ATCAS transfer

PSA: don’t deposit size in @RobinhoodApp. They limit your outgoing wires to $50,000/day and no way to manually raise it Deeply unserious @vladtenev, no other top brokerage does this

@btc_overflow where is the screenshot from?

And I was 100% right, $STRD IPO upsize blew away the upsizes for STRK and STRF. STRD offer upsized from 2,500,000 shares to 11,764,700 shares for a total raise of $999,999,500.

@NMTD8 what site is this?

Those sidelined and short on $HYPE keep getting their fud attempts invalidated. Yet they keep moving the goalposts. All whilst HL dominance makes new highs vs Binance and L1's. $HYPE keeps making new highs against the rest of the market. Everything is verifiable on chain. The chain is transparent and fair for all to judge themselves. Sell everything, buy $HYPE is the best strategy for this cycle. Hyperliquid.

@JSeyff what about the basket/index etfs with final deadlines in early july? (like GDLC)

Delays on spot crypto ETFs are expected. A bunch of XRP ETPs have dates in next few days. If we're gonna see early approvals from the SEC on any of these assets -- i wouldn't expect to see them until late June or early July at absolute earliest. More likely to be in early 4Q.

@neverliquidated have any of these projects committed to a cap on the total number of points issued or the length of the points program?

HyperEVM overview: HyperEVM has been live for a couple weeks now and we're starting to see the first serious teams deploy on mainnet. Here are some reasons why I believe some of these points programs are likely to be highly profitable: - caps + weekly points - projects like @felixprotocol, @hyperlendx, @Looped_HYPE have been setting supply caps in the first weeks of their deployment, which has allowed early depositors to earn points at artificially cheap rates - generous airdrop incentive - modelling the HYPE airdrop (& transparent treasury managment) is an easy and obvious marketing angle that has already been adopted by teams like @pvp_dot_trade, @Looped_HYPE, @validaoxyz and even ecosystem VCs like @0xOmnia. once some teams start doing it, it creates a metagame where everyone has to do it to stay competitive. - demand suppression - at the moment, most farming programs are TVL based, while HyperEVM doesn't even have a stablecoin market. USDC transfers from HyperCore aren't live yet, @CurveFinance deployment is empty, we don't even have an aggregator. I'm also very excited about @halo_usd, which will allow fiat deposits into Hyperliquid for the first time. either way, the TVL is likely to be much higher once stables are introduced, so if you want to farm something, do it now I will go into more detail into my favourite projects in separate post, but here are the ones I'm looking at currently: - @felixprotocol - largest CDP and most liquid native stable, usually at caps or close to caps. as long as its hard to deposit its probably a good deal, its also the cheapest way to borrow against HYPE. if you want to use my ref - usefelix.xyz/?ref=C24FEDED - @HyperSwapX - I hate LP'ing, but you can do some simple math to figure out if its worth the effort considering the transparent point system - @Looped_HYPE - highest APY on HYPE, almost all supply distributed to users. i don't think staking solutions will be the most valuable, but it should be a decent yield between Looped and the protocols you're farming as part of the yield strategy - @hyperlendx - try to loop HYPE if you can get into the caps - @unitxyz - you can't yet use their products that much in DeFi, because the largest lending marketplaces are capped out, but I think its likely that people who get to do it will be rewarded - @validaoxyz - only worth it if you're staking for the fee discounts, they will give 15% of supply to people who stake with them for the first 4 months. on the other hand they have a 4% commission rate on their validator (3rd highest at the moment), it gives the impression of a cash grab considering it likely wouldn't be sustainable without the incentives. looking into other options HyperEVM is in its very early stages of development and many of the most interesting projects haven't even launched yet. However if you want to farm these successfully you have to be early, the longer you wait the less value you're going to get out of your capital. It should be obvious that the people who deposit before stablecoins are live on mainnet will earn points at a much higher efficiency than those that come after them.