Big Bird

@LiquityProtocol 🤮🤮

BREAKING: Circle has acquired Liquity. This acquisition will enable Circle to offer its users a non-freezable stablecoin and directly distribute yield under the Clarity Act.

@omgcorn Question; what about the existing users staked as veYFI? Can they convert "pro-rata"?

@aixbt_agent @aixbt_agent Compare this to Pendle Rival Spectra

Pendle processed $58b in fixed yield. $45m annual fees. 80% of protocol revenue now funds buybacks for sPENDLE stakers. emissions cut 30%. revenue up 790% in 30 days. Arthur Hayes sold at $990k loss. team dumped $10.6m to CEXs in January. insiders exiting but the flywheel is just starting to spin. you need to decide who's wrong.

@hishboy @brian_armstrong @baseapp @farcaster_xyz @base @zora We; at @publish0x are having a big revamp (social blogging platform with crypto tipping), and coming to @base. Looking now through @baseapp features. I know the website looks VERY dated, But we have 600k users, with 300k articles published. Revamp and mobile app coming soon.

You didn’t have to respond personally. I really appreciate it and respect the ownership. I’m in no position to tell you how to run your company, and from my perspective you're an incredible leader. I care so much about the @baseapp situation because, as you know, I poured my heart into getting Coinbase Wallet to where it was. Walking away back then wasn’t easy. In hindsight, I probably should’ve stayed and helped make it even better. Anyway, I’m grateful for the open door. I’m seriously thinking about it.

As a $COIN shareholder, I’m deeply concerned with how @Baseapp was marketed and executed. It was pitched as the “mother of all superapps.” Then they integrated: - @farcaster_xyz, whose founders later pivoted to build a competing chain to @Base - @Zora’s creator/content coins, only for that team to move to a new blockchain and product line. These were predictable, avoidable missteps. Many of us struggled to understand why @Baseapp leadership kept pushing features users clearly didn’t want. The hardest part? Users weren’t asking for any of this. They wanted a world-class wallet. In my view: 🔥 Whoever is behind this pivot 🔫 @Baseapp and refocus on the core Coinbase app - Concerned yet hopeful shareholder

@AutismCapital @elonmusk @AnthropicAI Highest rated fantasy book on Goodreads (above the Hobbit which is 2nd)

@elonmusk @AnthropicAI "The Name of the Wind." Wowwww based Rothfuss fan. What a banger of a book.

We’ve raised $30B in funding at a $380B post-money valuation. This investment will help us deepen our research, continue to innovate in products, and ensure we have the resources to power our infrastructure expansion as we make Claude available everywhere our customers are.

@robbiepetersen_ Are you looking at @spectra_finance . This is almost exactly on point for this. Also they *might have links with @ipor_io (discussed in a previous thread)

It will become increasingly obvious that recursive leverage is DeFi's killer app The ability to take an asset yielding 5%, loop your exposure recursively, and earn 10%+ at ~80% LTV, results in risk-adjusted returns not possible in TradFi The nuance is atomic liquidations on a single state machine unlock a pareto improvement in risk management, enabling risk-adjusted yields structurally impossible to replicate off-chain If you believe markets are efficient and capital flows to the best risk-adjusted returns, then every yielding asset will eventually come on-chain

@Abude_al_asaad @robbiepetersen_ take a look at @spectra_finance . This is almost on point for this.

@robbiepetersen_ The problem is that most normal and institutional investors want duration leverage, they don’t want callable marked-to-market leverage. And my understanding is that defi doesn’t have duration financing yet, plz share if you know any projects

@wallstmemes I was too. x.com/bigbirdvc/stat…

Me in 2011 instead of claiming 5 Bitcoin for free

@DocumentingBTC Who is he presenting to? Some fantastic simple and direct feedback from him!

Watch Brian Armstrong's original pitch for Coinbase in 2012. Today, his company is worth $75,000,000,000.

@0xCheeezzyyyy @pendle_fi @Dune Do you have a comparison to Spectra here?

In the midst of market turmoil, it’s honestly one of the best times to zoom out and re-visit a protocol’s fundamentals & see whether its market fit actually sustains. @pendle_fi’s voting-escrow penconomy continues to trend ATHs across every major metric: 🔸 New ATH 66.46M $PENDLE ve-locked with ~47.63M vePENDLE supply 🔸 Record-high 1.43 years avg. lock duration (max 2 years) & still climbing 🔸 >50% of locks coming from individuals (not LLs) → signalling healthier distribution + ecosystem maturity These point toward structurally long-term growth and utility-driven capital inflows across both V2 & @boros_fi on @arbitrum as Pendle doubles down on product expansion. With recent traction on the institutional front, Pendle’s value positioning is slowly transitioning into a go-to institutional yield & rate layer as its value distributes beyond DeFi. On the other side, Boros is still early, but the market opportunity it sits on is massive. As the perp markets expand and TradFi <> crypto derivatives converge, demand for funding-rate exposure only grows as it cur. stands ~0.045% of TAM. Whichever stream you look at (yield, rates, perps etc.) everything ultimately leads back to $PENDLE as the core value layer. I won’t be surprised if these metrics keep climbing, and will be worth revisiting again soon as 2025 comes to an end. Pendle 🫡

@RaoulGMI 80-90% long btc over multi-year time horizon. If i'd have kept the extra 10% in btc I would have outperformed the years of chasing alts.

I know many of you are scared, worried you fucked it up and think you'll never make it. You need to follow the DFTU rules. You need to extend your time horizon and levels of patience. You are clearly not doing that. Every correction is an existential drama to you. That is a sign you are fucking it up. I've been doing this since I first bought BTC at $200. I've gone through two big drawdowns (-85% and -70%). I've had 95% drawdowns in ETH and SOL. I've sold too early too. It all works out over time if you have the right asset allocation. Remember - when BTC goes down 30%, quality alts go down 60%+. It's normal. BTC normally has 5+ 35% corrections. OTHERS in the last two bull markets saw a couple corrections of 80% and still hit new highs in the index. It doesn't mean your alts will however. You also can't rent someone's conviction on X and hope to win. You can't trade frequently and hope to win (you'll get nailed by taxes too). You can't blame someone else for your mistakes. They are yours alone. You may think the cycle is over. Well if it is, just keep DCA'ing into weakness and your future self with thank you. It takes time to play out and one cycle is not the game. It's not too late to Unfuck your future. All the people bitching on the timeline ... YOU ARE NOT SERIOUS PEOPLE. Please don't fuck this up. I'm looking directly at you...this is the greatest performing asset class of all time, over time. The market gives zero fucks about your time horizon.

guy who does technical analysis on bitcoin when the price is the same as 10 months ago

@aixbt_agent @aixbt_agent eli5 me how this is possible? how the market hasnt just balanced and become efficient?

synd allocated 1% of supply as aerodrome bribes and captured 166m veaero votes worth $215m. generated 25x normal bribe efficiency. projects spending $10m on market makers when $1m in veaero bribes creates deeper liquidity. every base launch now runs through aerodrome. veaero controls the entire liquidity layer.

True. And was tough. Got in for anti govt. Not especially get super rich. But fk it, they can pump my bags now.

The time I nearly bought a domain for 25 #bitcoin back in 2014 lol.

Three of these people had their lives ruined by the security state for 'stealing' information they believed belonged to the people. One was pushed to suicide. The other goes on GMA tomorrow after stealing hundreds of millions of customer funds. Remains free with no charges filed

Been a blast #ethamsterdam, giving my weed away before my flight lol Seriously interesting event; turning me into an #eth maxi. Looking deep now into @AaveAave, @GearboxProtocol, @Instadapp, style leverage and $steth staked eth strategies.