Rachit Agarwal

7.6K posts

Rachit Agarwal banner
Rachit Agarwal

Rachit Agarwal

@rachit

host @touchgrass_pod, fortune teller @tryhashtro

Katılım Haziran 2022
1.8K Takip Edilen5.2K Takipçiler
Sabitlenmiş Tweet
Rachit Agarwal
Rachit Agarwal@rachit·
irl with Saeed Badreg, CEO of Wormhole Labs and Sunrise contributor (@shadddowfax) covering everything Sunrise, institutions in crypto, the age of AI, Mayan and much more! key timestamps - 1:09 - the @Sunrise_DeFi thesis 5:04 - current problems launching onchain assets 7:50 - the Sunrise listing process 11:00 - why listing on @solana is important 15:39 - advice for teams thinking about TGEing 18:30 - crypto as a vehicle for diverse financial opps 21:53 - the institutions are here (and playing catchup) 25:17 - comparing past crypto cycles + the convergence 30:17 - the crypto and AI convergence 34:35 - glazing @mayan 36:16 - upcoming Mayan 2.0 launch (?) 36:55 - what is next for Sunrise? 38:05 - any more incubations similar to Sunrise? 38:50 - future of the crypto interoperability space (recorded during the Consensus HK week)
English
8
5
71
2.6K
Arjun
Arjun@clipsofcrypto·
Solana has the best ready-made distribution in crypto. That's why DIME chose Solana Paradex CEO Anand on why Solana was the obvious choice for DIME "Solana is probably one of the best distributions out there ... there's a bunch of degens in the trenches doing all kinds of really amazing, cutting edge new age financial activity" "All this speculative activity ultimately leads to innovation. The users here are on the cutting edge of that innovation curve ... they're already early adopters, already in the trenches experimenting" "Between Ethereum and Solana, these are basically going to be the two main hubs for tokenization. More and more assets are going to be issued here, traded here"
Sunrise@Sunrise_DeFi

DIME (Paradex) is Now Listed on @Solana x.com/i/broadcasts/1…

English
2
0
4
269
sagarr.eth
sagarr.eth@sagar_dbs·
What if prediction markets had a Bloomberg Terminal? They do now. @tryheyanna
English
16
12
31
1.2K
Prakarsh | Blockchain Balak
Prakarsh | Blockchain Balak@blockchainbalak·
Next Chapter If you were to ask me which moment divided my life into before and after, I would tell you: it was the day I joined Spheron, the day we began building something from nothing. For most, Spheron is a company. For me, it became something harder to name - a place where I left pieces of myself. I gave it what I could. Not everything was visible. Much of it never will be. But I knew, in the quiet way one knows such things, that I had offered it my fullest effort. Now I am stepping aside - not leaving, but changing shape. From co-founder to core-contributor. The distinction matters to me, even if it is difficult to explain. Prashant & Mitrashish. What we shared is not easily summarized. I learned from you both in ways I am still understanding. I hope we find ourselves, someday, at the beginning of something again. I wish Spheron every success. I mean this the way one means the things that cost something to say.
Prakarsh | Blockchain Balak tweet media
English
63
5
184
8.3K
Ali
Ali@0xaioli·
if we have more than 150 mutual followers it means we have to kiss sorry i don't make the rules
English
9
0
16
605
Rachit Agarwal
Rachit Agarwal@rachit·
DIME is now listed on @solana watch the Sunrise livestream w @fiddybps1 for all the details key timestamps - 2:29 - Paradex's core thesis 6:19 - listing DIME on Solana 9:10 - experience working w the Sunrise team 10:36 - story behind the ticker "DIME" 14:04 - experience competing in the perps landscape 16:06 - whats missing in the perps landscape 17:55 - Paradex's future roadmap 19:38 - Anand's message to the Sunrise community
Sunrise@Sunrise_DeFi

DIME (Paradex) is Now Listed on @Solana x.com/i/broadcasts/1…

English
1
4
35
2.4K
Rachit Agarwal retweetledi
Arjun
Arjun@clipsofcrypto·
If you wanted to retire on Bitcoin, MSTR's preferred might be how you'd do it Sharplink CIO Matt Sheffield on why it's not a stablecoin but Bitcoin-backed credit risk, overcollateralized by 4.6x "If you wanted to retire on Bitcoin, this is one of those ideas where you're like I want regular monthly income ... the more Bitcoin goes up, the more I'm collateralized, therefore the safer it gets" "There's 4.6 Bitcoin for every Bitcoin worth of preferred issued. You would need Bitcoin to drop a lot for the collateral to no longer be sufficient to pay you" "He's not trying to create a product with price risk. He's trying to create a product with effectively Bitcoin-backed credit risk and he's overcollateralized by a considerable amount"
Rachit Agarwal@rachit

DATs 101 ft @sheffieldreport, CIO @Sharplink everything related to DATs, condensed into one episode as of March 13th - Sharplink owns 869,154 ETH key timestamps - 0:45 - Sharplink's recent earnings call 3:15 - how to start a DAT? 13:13 - evolution of DATs + the @Strategy structure 16:13 - what is STRC? 22:22 - the pioneer, mr @saylor 25:22 - how long can Saylor keep this going? 28:35 - implications of a single entity holding too much asset supply 32:15 - when a single entity holds too much ETH supply 33:49 - is the public face of the DAT important? 36:45 - most DATs are US centric, does that shift crypto's global appeal(?) 39:00 - Sharplink's approach in current market conditions

English
1
3
7
423
Rachit Agarwal retweetledi
Touch Grass Podcast
Touch Grass Podcast@touchgrass_pod·
Bitcoin isn't productive natively. So how does MSTR generate more Bitcoin per share? Sharplink CIO Matt Sheffield breaks down MSTR's capital structure "Bitcoin is not productive natively. So how do you generate additional Bitcoin per share? You can issue more equity when you're trading at a premium to your net asset value, which they do all the time" "They also added leverage via preferred and via convertibles. What this does is the common equity ends up being geared ... your max loss is still the amount you've invested, but you have the potential to see higher returns" "It's higher beta. It is a very good trading instrument as a result"
Rachit Agarwal@rachit

DATs 101 ft @sheffieldreport, CIO @Sharplink everything related to DATs, condensed into one episode as of March 13th - Sharplink owns 869,154 ETH key timestamps - 0:45 - Sharplink's recent earnings call 3:15 - how to start a DAT? 13:13 - evolution of DATs + the @Strategy structure 16:13 - what is STRC? 22:22 - the pioneer, mr @saylor 25:22 - how long can Saylor keep this going? 28:35 - implications of a single entity holding too much asset supply 32:15 - when a single entity holds too much ETH supply 33:49 - is the public face of the DAT important? 36:45 - most DATs are US centric, does that shift crypto's global appeal(?) 39:00 - Sharplink's approach in current market conditions

English
1
1
5
265
Rachit Agarwal retweetledi
Aditi
Aditi@OnchainAditi·
people like pattern in chaos it's like finding certainty in this uncertain world i believe this is why people like astrology and trading signals based on horoscope? oh i am all ears found this project called @tryhashtro by a very good friend @rachit it was fun to try and definitely one to share PS: it told me to long SOL which speaks to me and my dialogue with astrology very well haha
Aditi tweet media
English
3
2
8
356
ak0
ak0@annanay·
Thanks Harvey for hosting me! Harvey's approach is something I wish more podcast hosts would do: one-shotting. We literally exchanged 2 emails and shot this without interruption. This meant I got to speak what was on my mind, rather than something that had been passed through ChatGPT 4 times: >How quant is trapping the smartest graduates in the world >The $100 billion technology gap between crypto and traditional exchanges and how QFEX is fixing it. >What Wall Street doesn't want you to know about dark pools, and how your trades are really being handled. >Why the UK and US approach entrepreneurship completely differently and which mindset actually wins. >Why tenacity beats talent every single time and what that means for the next 10 years of your life.
Harvey Bracken-Smith@harveybsmith_

How a Cambridge mathematician walked away from one of the highest-paying jobs in finance — and bet everything on fixing a $100 billion broken market @annanay (Flow Traders founding crypto team | HFT quant @ Tower Research Capital | Cambridge Mathematics | Founder of @QFEX) "Your idea isn't that special. Your ability to execute the idea is." We cover: - Why the smartest graduates in the world are trapped in golden handcuffs and what to do about it - How crypto infrastructure exposes everything broken about traditional exchanges - What Wall Street does not want you to know about dark pools and your money - Why he turned down @Citadel and Jump Trading to build QFEX - The one word that explains why the UK produces pessimists and SF produces founders - Why building in public beats building in the dark every single time - Why tenacity will determine the next 10 years of your life Highlights: 00:00 Introduction and Annanay Kapila background 02:30 Why he left HFT and what golden handcuffs really mean 07:45 How he spotted a $100 billion gap and built QFEX 14:20 Building in public, Y Combinator and why your idea is not that special 20:45 UK vs US entrepreneurship and why optimism changes everything 27:10 Trust, credibility and what Coinbase taught him about longevity 34:50 Dark pools, Citadel and the truth about how your money is traded 41:30 Prediction markets, leverage trading and the biggest wealth transfer in history 47:55 Government intervention, personal freedom and where the line should be drawn 54:10 Tenacity, legacy and one thing every listener should take away Thank you for the introduction @ethanrkho!

English
6
1
61
11.4K
Rachit Agarwal
Rachit Agarwal@rachit·
I’m excited to announce that I’m back contributing to the Wormhole ecosystem I will be working at Wormhole Labs - focusing on @Sunrise_DeFi the sun is always rising 🌅
English
85
8
244
8.4K
Sunrise
Sunrise@Sunrise_DeFi·
A new paradigm is coming to Solana…
English
47
15
117
15.6K
Rachit Agarwal retweetledi
Touch Grass Podcast
Touch Grass Podcast@touchgrass_pod·
The biggest risk for MSTR isn't Bitcoin going down, it's losing mindshare Sharplink CIO Matt Sheffield on why MSTR needs to constantly stay relevant "To maintain mindshare, price action of Bitcoin has to be interesting and you have to be doing interesting things with Bitcoin. If you're no longer able to buy, if you're no longer issuing new structures, things might become a little bit more dull" "If you lose mindshare, if people are no longer talking about you, if you're not buying more Bitcoin... people are going to forget. And if they're not trading you, you have no volumes to use for the ATM" "That convexity, that call option that some people make the decision to invest in a DAT for ... it's gone"
Rachit Agarwal@rachit

DATs 101 ft @sheffieldreport, CIO @Sharplink everything related to DATs, condensed into one episode as of March 13th - Sharplink owns 869,154 ETH key timestamps - 0:45 - Sharplink's recent earnings call 3:15 - how to start a DAT? 13:13 - evolution of DATs + the @Strategy structure 16:13 - what is STRC? 22:22 - the pioneer, mr @saylor 25:22 - how long can Saylor keep this going? 28:35 - implications of a single entity holding too much asset supply 32:15 - when a single entity holds too much ETH supply 33:49 - is the public face of the DAT important? 36:45 - most DATs are US centric, does that shift crypto's global appeal(?) 39:00 - Sharplink's approach in current market conditions

English
2
4
10
484
Rachit Agarwal retweetledi
Matt Sheffield
Matt Sheffield@sheffieldreport·
Back at it with the guys at @touchgrass_pod. This time we did a primer on how DATs form, the difference in financialized yield versus what we are doing @Sharplink with a native yield focus, and the financialization machine @saylor built, most recently with the $STRC prefered.
Rachit Agarwal@rachit

DATs 101 ft @sheffieldreport, CIO @Sharplink everything related to DATs, condensed into one episode as of March 13th - Sharplink owns 869,154 ETH key timestamps - 0:45 - Sharplink's recent earnings call 3:15 - how to start a DAT? 13:13 - evolution of DATs + the @Strategy structure 16:13 - what is STRC? 22:22 - the pioneer, mr @saylor 25:22 - how long can Saylor keep this going? 28:35 - implications of a single entity holding too much asset supply 32:15 - when a single entity holds too much ETH supply 33:49 - is the public face of the DAT important? 36:45 - most DATs are US centric, does that shift crypto's global appeal(?) 39:00 - Sharplink's approach in current market conditions

English
5
9
41
5.2K
Rachit Agarwal retweetledi
Arjun
Arjun@clipsofcrypto·
MSTR now owns about 3% of total BTC supply. When does this start becoming a problem? Sharplink CIO Matt Sheffield says 5% is where it gets dangerous, especially for chains like Ethereum "In the case of Bitcoin, I don't think it becomes a governance problem. In the case of Ethereum and many other programmable chains, you need to start considering the network security" "Around 5% in the world of Ethereum, you want to start exploring if that's where you need to reconsider ... if every time you buy more, you are being perceived as reducing the security of the network you are working to help build, you're no longer helping your shareholders" "You can't own everything, otherwise there's nothing that you actually own"
Rachit Agarwal@rachit

DATs 101 ft @sheffieldreport, CIO @Sharplink everything related to DATs, condensed into one episode as of March 13th - Sharplink owns 869,154 ETH key timestamps - 0:45 - Sharplink's recent earnings call 3:15 - how to start a DAT? 13:13 - evolution of DATs + the @Strategy structure 16:13 - what is STRC? 22:22 - the pioneer, mr @saylor 25:22 - how long can Saylor keep this going? 28:35 - implications of a single entity holding too much asset supply 32:15 - when a single entity holds too much ETH supply 33:49 - is the public face of the DAT important? 36:45 - most DATs are US centric, does that shift crypto's global appeal(?) 39:00 - Sharplink's approach in current market conditions

English
6
4
11
6.6K