ferdhi.hl
218 posts
It will probably take me a couple of days to go through all the messages, since dozens of new ones are coming in every minute. I’m reading them in order, starting with the earliest ones, and continuing down the queue until the withlist is full. We’ll also add a few extra spots, as there are always some people who don’t show up on the day.
In any case, here’s the X account for the NFT collection:
@PepeExplorers
And the direct OpenSea mint link:
opensea.io/collection/pep…
Thanks everyone for the amazing enthusiasm!
Explore • Expand • Evolve 🐸🌌
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One night, while browsing the internet without any clear purpose, I discovered a website called @dendotshow There, someone was doing a live stream of a chess game.
At first, I stopped by just for a moment, simply to pass the time.
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@0xnaramiko @virtuals_io @BasedIndia which project sparked the most "aha" moment for you in those discussions?
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My experience discovering many AI projects on @virtuals_io together with the @BasedIndia community was truly eye opening.
I only intended to explore the Virtual eco in general, but the discussions within the Base India community led me much deeper.
#BasedIndiaRecap2025
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It's time to get Migglish 😻
Nemesis@Nemesisdottrade
Fill in the blank: M_ggl_s Nemesis.
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make gengar skin @somniiiu
Mewkai@MewkaiHL
As it turned out, Mew goes perfectly with LO #148🐈⬛✨
Indonesia
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I used to be a strong advocate for pricing a fairly high risk premium on stablecoins, but as time passes and they increasingly become the new bank deposits, this premium has fallen dramatically in my models.
I see fiatcoins as internet, KYC-free bank deposits. Pseudoanonymity allows for a reduced trust level. They can't rug *just you*.
That said, they still carry a non-trivial amount of risk, especially regarding your own crypto-custody and operational risk, and you should be compensated for it.
One conversation I’ve had many times over the years is about arbitraging different stablecoins across multiple chains.
I’ve run this strategy myself, with a system that moved from stable to stable depending on price deviations, and I almost got fully rekt during the NomadUSDC hack.
From personal experience, whatever APR you’re able to get seldom justifies the tail risk. This only changes if you have some structural advantage over the rest of the market ==> if this is you, it's a goldmine.
Santisa@Tiza4ThePeople
This arb strategy works great until it goes to $0. Back in 2022, I ran a multichain stablecoin arbitrage, and the bot spotted a 2bps arb in nomadUSDC. It full ported into it on the Aurora chain. Shortly after, I got an alert about a full-on looting of the Nomad bridge. Assuming that asset derivatives across different chains will always reflect the value of their underlying is a dangerous game. It works great until it doesn't work at all. For example, if your minimum arb is set at 2bps, when an asset starts crashing, your bot is going to full port into it. And if the crash isn’t just a temporary depeg but a long-term repricing due to new information (e.g. a hacked bridge, compromised chain, or broken protocol), what started as an easy 2bps arb quickly turns into a ~100% loss. What OP is describing isn’t some easy risk-free arb. It’s willingly taking on the risk of dozens of different chains and assets, hoping for the best. Sure, you can mitigate this with proper risk management and parameters, but it’s far from risk-free. Luckily, I had parameters in place to sell if an asset dropped more than 10bps, so my loss was minimal. Still, I turned it off the following week.
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bring back pokemon narative @MewkaiHL
androolloyd.hl@androolloyd
We need more Pokémon on the TL don’t fade this.
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