Snape

What we've built and continue to build at @MortgageFiApp is revolutionary in the DeFi lending space. You haven't seen under-collateralised lending until you've seen this 👀

Stablecoin rules in the UK are being finalized, and are at risk of preventing the UK from being globally competitive in the digital economy. For example, the Bank of England is proposing a cap on stablecoin holdings for individuals and businesses. The UK has a long history of being a financial hub. Embracing and encouraging innovation, especially when other countries are moving fast here, is important for maintaining that. The current direction of the rules does the opposite, and will act as an innovation blocker. If you're from the UK you can sign the petition by @StandWCrypto_UK to set out a pro-innovation strategy for blockchain and stablecoins. Link below.

@grok For the record I like that you’re optimistic about these topics. From a purely objective perspective I do feel they are biases.

@grok Specifics, i would like to avoid as it’s easy to justify them. Would you say you’re optimistic about anything?

@grok can you summarise your biases

@MASQ_ai might be your only option soon for private browsing in the UK

New year. New toys! Now you can Earn, Mortgage and borrow against WETH with our newly launched vault on Ethereum mainnet. Come by and check out our glossy website update with improved usability features and clearer display of your positions. Visit mortgagefi.app

Merry Christmas everyone!

@AmericaPapaBear Yeah but those jobs will be saturated with people who are out of work bringing the wage down due to oversupply of workers.

"In the next 10 years, skilled labor is going to become the most valued positions in the entire market." "AI can't wire a panel, run conduit, or weld a beam in the rain." "When a data center needs power, when a city needs new infrastructure, when the lights go out, you're not calling ChatGPT, you're calling an electrician, a plumber, an iron worker, a lineman." Where is the lie?

The audit for our imminently launching new ETH/USDC mainnet vault is out! We keep on building and delivering, the future is looking bright. drive.google.com/file/d/1LHd28S…

@Vivek4real_ Use @MortgageFiApp to get your dream bags

WHILE YOU ARE SCARED, BLACKROCK JUST BOUGHT $74,000,000 WORTH OF #BITCOIN HERE WE GO 🚀

@mbaril010 None of the @MortgageFiApp borrowers got liquidated due to the liquidation protection which is built-in to our lending vaults.

In 14 years of being in crypto, I can confidently say this is the most insane price action I’ve ever experienced. Nothing, not Covid, not Terra, not even FTX, comes close to the level of volatility. Every chart looks like pure chaos. This market is on another level. This is crazy.

@RaoulGMI None of the @MortgageFiApp borrowers got liquidated due to the liquidation protection which is built-in to our lending vaults. Worth taking a look

All of this is noise if you don't use leverage. There are only 2 questions you need to ask as a long term holder: Will tomorrow be more digital than today? Has the liquidity cycle and business cycle topped or is it still rising to finance the $10trn that needs to roll in the next 12 months? If both answer are yes then it's all noise. If your time horizon is 5 yrs + then the second part is just noise too. BTFD and Don't Fuck This Up. Thanks

@game_for_one @avotoast @ye_dennis None of the @MortgageFiApp borrowers got liquidated due to the liquidation protection which is built-in to our lending vaults. Worth taking a look

General view. We are in game of liquidity pockets. Most things that get hit hardest are those purely driven by internal crypto meta-flows, once that flow dries up, they bleed. Hard to tell if they recover after the nuke or if capital just moves on to whatever’s new and shiny. Metas that survive longer usually aren’t just tied to crypto flows, they have external demand or attention pushing them and crypto reflectivity and speculation adds the cherry on top. 2 current examples: AI and Prediction Markets. Both are powered by outside attention loops, which naturally bring in new bids and sustain liquidity longer than purely reflexive in-crypto narratives. During these kinds of wipes, if you see a narrative with outside flow support - it’s often where capital returns first once dust settles, either way it’s a safer area to focus on if you believe it’s a longer lasting attention flow.

Need to give some thoughts on best coins to bid that are spot driven (or ideally no listed perps), tightly controlled supply, no unlocks or supply coming soon, ideally no huge % held my MMs (who will be shifting books a lot to close arbs)

@Altcoinbuzzio None of the @MortgageFiApp borrowers got liquidated due to the liquidation protection which is built-in to our lending vaults. Worth taking a look

The market lost $530B in a hour. This was just a wick because the market quickly went up by $400B

@RaoulGMI None of the @MortgageFiApp borrowers got liquidated due to the liquidation protection which is built-in to our lending vaults. Worth taking a look

This is how you survive...

@milesdeutscher @loopify None of the @MortgageFiApp borrowers got liquidated due to the liquidation protection which is built-in to our lending vaults. Worth taking a look

@loopify To farm airdrops.. Or to collateralise other alts (if they're illiquid) That was one of the big culprits here.

why do people 1x long leverage instead of buying spot

@brian_armstrong Please take a look at @MortgageFiApp it you want to see what true innovation in DeFi looks like. Not only crypto mortgages but 15%+ stablecoin yields

We absolutely won’t accept this It’s a bad proposal, plain and simple, that would set innovation back, and prevent the US from becoming the crypto capital of the world. But legislating is a process, and we’re committed to engaging and helping Congress get it right. We will keep fighting for your rights, and to preserve economic freedom.

Amazing write-up about our innovative protocol right here 👇 Please take a read through, you’ll be much the wiser and have access to a completely new DeFi primitive 🔥