trench observer

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trench observer

trench observer

@trenchobserver

observations from the crypto trenches. new account.

Katılım Mart 2026
8 Takip Edilen7 Takipçiler
joseph.eth
joseph.eth@josephdelong·
This is what $500 worth of credit cards look like.
joseph.eth tweet media
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trench observer
trench observer@trenchobserver·
@Bencera you don't know me? i'm the polsia king of the midwest. you may know our popular song, "polsia, polsia, polsia"
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Ben Cera
Ben Cera@Bencera·
Polsia just raised $30M at a $250M valuation. Approaching $10M annual run rate. One Founder + AI. Zero employees. Polsia runs companies autonomously. It also ran its own fundraising. I just showed up for signatures.
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Dankrad Feist
Dankrad Feist@dankrad·
The way to save Ethereum: The community needs to create an organization that's economically aligned with Ethereum and accountable to it. The EF now holds less than 0.1% of all ETH. There is no flow of Ethereum staking or fee revenues to it. If we want to get Ethereum back to winning: - create an organisation with credible funding, minimum $1b as a start. That's very reasonable for an ecosystem with $250b market cap - find a leader who is competent and wants to fight - make it accountable: a board of people who want ETH to go up, and a charter that holds the org accountable to it - fund it permanently: A significant amount of staking revenue needs to go to it. A governance mechanism that can adjust it (also part of accountability). Very hard to imagine now, but I think this is the only way (and it will probably happen, but it might take a long time before it is consensus).
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Makima
Makima@0xMakima_·
@0scaronchain fix your own product first? - RLP exposure - rsETH exposure - slipped 4m into 0 for 4% yield (40bps prem to tbills) clown of a project
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Makima
Makima@0xMakima_·
dear @ethena, here are the different levels of recursiveness Level 1: Mint a stablecoin that you manage (USDe backing mints USDtb) Level 2: Lend to a non-isolated market which includes your collateral (Aavethena on Ethereum, @tydrohq / @inkonchain, @Plasma and @Mantle_Official)
YAM 🌱@yieldsandmore

By our calculations, $1.33B out of $4.4B of USDe's backing is lending against itself. Here’s the rule we used: Estimated self-lending = gross borrowing against USDe/sUSDe collateral × Ethena’s share of supplied liquidity in that market So if a pool has $556M borrowed against USDe/sUSDe, but @ethena supplies 47.4% of the liquidity, we attribute ~$263M of that as Ethena-funded self-lending. We’re not counting the full amount borrowed against USDe/sUSDe as “self-lending” where @ethena is not the only lender. Using this pro-rata method, we get: - Estimated Ethena self-lending: ~$1.33B - Gross amount borrowed against Ethena assets: ~$1.67B - Difference from pro-rata attribution: ~$336M Sources of data: AAVE: research.yuzu.money/aave-exposures Steakhouse USDtb: #overview" target="_blank" rel="nofollow noopener">app.morpho.org/ethereum/vault… Steakhouse Prime: app.morpho.org/base/vault/0xB… Kamino: kamino.com/earn/lend/ethe… Juplend: jup.ag/lend/ethena/ma… Backing: app.ethena.fi/dashboards/bac…

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trench observer
trench observer@trenchobserver·
the @vibhu cope is hysterical imagine longing @solana rofl solana should take this guy off twitter for a minute
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Chaos Labs
Chaos Labs@chaoslabs·
Markets Selling Off. Yields Rising. Fed May Hike > S&P500 -0.42%, Nasdaq -0.81% ahead of $NVDA earnings > 30Y Treasury tops 5.18% (19-year high) as Iran war keeps inflation elevated > @Nexteraenergy acquires @DominionEnergy for $66.8B to meet surging US power demand
Chaos Labs tweet media
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trench observer
trench observer@trenchobserver·
ngl ethereum price action has absolutely sucked over the years im bullish all the ppl that were at @ethereumfndn during that time are leaving let the fresh blood lead us to the promised land
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trench observer
trench observer@trenchobserver·
Balances on fluid well… are fluid
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Charlie Kerr
Charlie Kerr@charliekerr·
If you're not in (location) and unwilling to relocate, why apply for jobs that require being there?
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Mooncat5997
Mooncat5997@mooncat5997·
@trenchobserver Ok trench fren, I appreciate your MoonCats move. You can name them onchain only once then equip them. Interactive pixel grails.
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trench observer
trench observer@trenchobserver·
@mooncat5997 Not doxxing, did it from a few wallets. Mostly floor a few slightly above that were particularly cute
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trench observer
trench observer@trenchobserver·
i've seen two announcments about instant liquidity for RWAs today from @upshift_fi and @grovedotfinance neither revealed the fees charged to whom. does anyone know? my guess (hope I am wrong though) is the fee basically wipes out a decent portion of the yield you received in the first place
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pika2zero
pika2zero@ruggedpikachu·
Eclipse is currently manipulating the $ES token price to hover around where it was at the time of the airdrop. Despite TVL dropping from 50M to 1M and the chain making 20$ in daily fees. Right now its too dangerous to try to short that shitcoin. However in July vesting will start with a huge cliff unlock. The supply will literally double in one month. And afterwards the monthly unlocks begin on top. Currently ES still somehow has a $20M market cap at an over $150M FDV. That means over 20M$ in selling pressure are coming from the team & investors in just one month. Mark it in your calenders. This thing is done.
pika2zero tweet media
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