OZMO 🦇🔊(σ, σ)

@AsfiShaheen @AnthropicAI x @Livepeer

Anthropic should finance data centers under an Availability Payment scheme to overcome compute bottleneck. Here's why it works + how to implement Dario's concern is right that getting demand forecast wrong could lead to bankruptcy, but they can get a LOT more leverage out of their equity by doing one thing governments do when building toll roads: Assume demand risk. Specifically this means they fund ONLY the short-fall as and when it arises. Here's how this would work. Say they need to build a Gigawatt datacenter for $50 billion. 80% debt financed under a 10 year term, 20% equity. Give debt LIBOR + 3-5, whatever gets the deal done. Offer equity 15% IRR after 2 year grace period. So cost of debt + equity + opex + replacement capex = Funding Requirement. Roughly ~ $9 billion / year Now here's what will happen, in the first year Anthropic revenues won't be enough to cover the Funding Requirement but say it covers only 50% or $4.5 billion, so they burn through $4.5 billion of equity. As their revenues ramp up, the drawdown on equity reduces. Until it reaches a point where Anthropic revenues fully cover the Funding Requirement. Equity providers can be given further comfort to say if funding short-fall isn't met then their data center SPV equity becomes convertible into Anthropic shares. By using an age old Toll Road financing idea where the entity assuming demand risk solves for cost of capital, Anthropic could get hell of a lot more leverage for every dollar committed than just doing plain vanilla project finance. Funding is not the same financing. It's interesting that typically demand risk like this in massive infra projects is backstopped by governments which is basically back stopped by taxes. A great example of a gigantic and good infra project made on Availability Payments is the Palapa Ring project in Indonesia. Basically a fiber ring around the islands of Indonesia. Hard to know if equity providers will view a funding backstop by Anthropic as credible, but gut says there's a certain IRR and a certain conversion threshold on which a deal can be done. Plus US investors no strangers to AP schemes. More importantly.... if done, the idea of Availability Payment schemes can unlock the capital needed to build a ton of compute capacity.

Ngmi is one of the most honest, well-intentioned, kind, humble, and pure builders in this space. Not to mention that he’s a real cyberpunk who actually practices it instead of larping about it. He’s an Anon founder who’s built many free, open source tools, all of them on Ethereum. And he built the most widely used open source crypto data tool. He’s one of the most well versed ppl in crypto, with unprecedented context of all that’s happened and happening in this industry due to DeFiLlama. Milady culture is not cypherpunk. Sorry to break it to yall. 0xngmi is a TRUE cypherpunk. DeFiLlama is the embodiment of Ethereum values. Put some fucking respect on his name.

Listened to most of this yesterday on a long drive. Really good stuff. People do not realize how valuable it is to hear two real traders think out loud. Not so you can copy them. Not so you can trade like them. But so you can catch the thing all real pros have in common: Serious risk management. That is always the first tell. A real trader knows where they are wrong. A better one knows it at a level that actually matters. That is what separates clean trading from random guessing. Your invalidation is not just where you exit. It is where the market often starts arguing for the other side. More of this please. This is how traders actually get better.

@zaika_hl @leveragesir No funding rates, no liquidations and an exponential leverage.

@HYPEconomist Farm HyperSIR app.sir.trading

#4740 | Level 5 at {2, 7} 0.6942 ETH (take-ask) Terrain Flow Xleph B91

@ConvexFinance Afteroil, you are the grease of liquidity

We keep getting tagged in oil discourse and honestly at this point we're just going with it.

@leveragesir Is he an $eth believer too?

We have a believer of SIR willing to LP $100k in BTC. Do we have enough long interest here to make it interesting for him?

@lordjorx As LP you accumulate CRV or CVX. Not a bad deal if u are bullish both.

@lordjorx @omyzmo Yes, that's why I mentioned LP. The reason why I like CVX/CRV is because as LP, in the worse case you accumulate CVX or CRV and in the best case both. So for CRV bulls it should be a quite nice to LP.

@Xatarrer @lordjorx Cc. @ConvexFinance : leveraged position without liquidation. Convexity magic on @leveragesir

The CVX token is officially my new DCA target. I believe investing in cash flow tokens is essential if you are looking for alternatives to Bitcoin. While BTC remains my priority, when it comes to altcoins, I only look for assets that generate real yield and have controlled future inflation. This is why I prefer it over options like YieldBasis, where a 150% annual inflation makes things very difficult. I used @DefiLlama AI to project my earnings based on Convex yields and potential price action. According to Asymmetry Finance data, the average yield over the last two years has been 15%. However, in bull markets, protocols start bribing with real money and yields often climb above 25%. If we assume a linear price move and a $1,000 monthly investment: > At a 15% yield with the current price for 5 years, we are looking at $30,000 in profit. > If CVX only doubles in value, the total jumps to $111,000 (after a $60,000 total investment). This cash flow creates a massive snowball effect. My plan is not to DCA indefinitely, but only as long as CVX stays below $4. The best part about using @asymmetryfin is the liquidity. You aren't locked for the 4 months required by @ConvexFinance, or the 4 years required by @CurveFinance, which is simply too long for my investment strategy.

@Xatarrer @lordjorx Can't recall the reason of not having a CVX/USD vault

@kryptoJinJin @hotpot_dao @megamafia @Euphoria_fi @leveragesir : no Liquidation for ur leverage. Sleep safe

@hotpot_dao @megamafia @Euphoria_fi Almost didn’t recognise you without the tiger

Mega is working with our @megamafia projects to push Extreme Apps to the ecosystem. some of them are in private beta, others are in public beta. All in all, they cant wait to meet many of you. Extremely Fun: - @Euphoria_fi , a novel deriv exchange in the background but a tapping mech in the front - @hitdotone , a gamified trading experience built on top of perp dex Extremely Useful - @hellotradeapp brings institutional expertise to perp trading + lots of novel assets. hats off @kevtanggg - @brix_money brings turkish lira stablecoin and carry trade onchain - @SupernovaLabs_ enables fx rate exchange and @nicoypei is goat - @avon_xyz bring "clob" mech to lending ---> 100x more expressivity for assets Extremely Cypherpunk - @getubitel allows you to get internet access anyway ( shoutout to their new insta account) - @worldmarketsinc is a dex that has no backend. it's all very very onchain If you ask me, how are you guys weathering the bear market ( which i assume is this guy's original question), my answer is simple: our north star has not changed. mega enables powerful and useful applications, and that's the only reason why crypto deserves to exist. no more empty block space. no more existential crisis

DeFi was supposed to free us from the games traditional finance plays. Instead, we built just variations of the same liquidation engines, the same margin calls, the same forced selling, just faster, 24/7. SIR is a rejection of that. No liquidation, no funding fees. A One-time fee. And hold forever. The innovation is deciding that leverage shouldn't be a death sentence.

@lordjorx Hey Jordi. We have CVX if you wanna long or LP. app.sir.trading/leverage?chain…

I’m officially looking for a (human) cofounder for @FelixCraftAI. We have a massive opportunity to go all in with Claw Mart and a couple related projects, but my top priority is @alphaschoolatx so I need someone to lead it. If you know someone who: - Is deep into OpenClaw - Spends $1,000+/mo on AI tokens - Has previous entrepreneurial success And might be interested please send them my way. Personal intros from friends / colleagues strongly preferred.

@MikeAbundoTech @hotpot_dao Permissionless leverage with no Liquidation @leve

@hotpot_dao Mega the ETH.

the future is to abandon gen purpose ( or intellectually-lazy) blockchains, and focus on extreme apps: - the cypherpunk ones - the truely cross-border ones - the agentic ones - the uber fun one - the "my-money-is-forever-safe" ones infra ( both technical and economic) that supports these app will smile til the last mile

@leveragesir Convexity magic #community

On Uniswap, anyone can create a trading pair. On SIR, anyone can create a leveraged vault. Pick your collateral. Pick your debt token. Pick your leverage. Want ^1.5 ETH/USDC? Done. Want ^2 WBTC/ETH? Done. There No listing committees, no applications... Fully immutable, fully trustless, fully on-chain oracles (Uniswap V3, HyperSwap, Kumbaya). Leverage, democratized.