Isaac
708 posts
Isaac
@no__yield
the real yield was the friends we made along the way.
trenches (berkeley, ca) Присоединился Eylül 2024
2K Подписки403 Подписчики
Quite sobering tweet.
I think crypto's "easy money era" lasted 6 years from 2017 to 2022.
There were less people & tickers. Less exchanges & less markets. Liquidity + attention was more focused.
After FTX collapsed, the crypto we knew died imo. Binance really went off the leash (in a bad way).
Extraction era began. Memecoins casino (98% lost money), celebrity coins (all rugged), the trenches culture (you gave away your money to scam KOLs). To top it all off we got the most crypto (retarded) president that completely killed this industry.
The only products left to survive are the ones you won't make much money on:
- Stablecoins (can't make money off of it)
- RWA (can't make money off of it)
- Prediction market (most of you will lose $)
- AI (most of you won't make any $)
- Perp DEXes (most of you will lose $)
You won't make any serious easy money no more. Adapt and develop real skills or die.
Ignas | DeFi@DefiIgnas
Crypto easy money era has ended. Historically, most easy money periods last 3-7 years: - California Gold Rush lasted 7 years. - Tulip mania lasted 3 - The dot-com bubble about 5 years before the Nasdaq dumped by 78% - Japan's bubble was 6 years, then Nikkei took 34 years to recover So most speculative booms in history last 3-7 years. Crypto easy money started in 2017 with ICOs. Then DeFi summer 2020. NFTs in 2021. Airdrops. Points farming. Memecoins. That's ~8 years of easy money. We are already past that as every easy money model has been discovered, exploited, or arbitraged to max competition. Philosophical hard-forks like BTC -> BTC Gold or ETH -> ETH classic are over as crypto ossified not just technically. ICOs got regulated. Airdrops get farmed by industrialized sybils. Memecoin launches went from community fun projects to extraction tools. The gold rush analogy seems quite good here as FOMOs end the same way: Surface deposits get exhausted and then industrial mining takes over. (Literally same happened to BTC mining moving from retail to institutions who even IPOed from BTC mining.) So here’s where crypto is now: TradFi suits moving in, tokenization, RWAs, corpo-sloppo permissioned chains, and regulation. The Trump family & insiders are the last to get easy money from crypto. For retail, the surface easy money gold picking is gone. What's left to earn requires real infra, real users, real revenue which means more specialization, specific knowledge and REAL hard effort. Not sure how many of us who got easy money are ready to grind harder now. So many builders, KOLs, projects are extracting as much as they (we) can before leaving crypto coz adapting to the new hard-money period is gonna be hard. Question is: where to pivot for easy money? Asking for a friend.
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@SentoraHQ are you guys not charging a 0.99% management fee?
why isn't it reflected in the UI for for Morpho RLUSD Main v2 vault?
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A few facts:
1️⃣ The person who pulled 510k lines of #Claude Code source code from a 60MB source map is a 25 years old boy From China.
2️⃣ His LinkedIn: UCSB in 3 years, 4.0 GPA. His comment:"too easy."
Dropped out of Berkeley PhD after 2–3 years. Comment:"lol."
3️⃣ White hat. Found bugs in X, Chrome. $1.9M in bounties.
4️⃣ He called out Anthropic last year for scraping user code under the guise of "safety reviews."
5️⃣ After the leak, his take:"Claude's code is nowhere near as interesting as OpenCode's."
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cow swap slippage issue
balancer multichain hundreds of million exploit
xmr hundreds of millions laundering
bybit eth exploit
euler (?) - some lending protocol probably
(in progress)
microstrategy
bitmine
i’m sure there’s more i didn’t update my calendar this year
rasmr@rasmr_eth
last bear we got - ftx - luna - celsius - 3ac this bear we get - 10/10 - drift protocol what else?
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That's where the bid is. A better way of putting this is: for longer dated stuff ie 1.5y+, there's simply no bid. No one sells 90% down unless it's on dogshit pump and dumps like $RIVER or $SIREN. Even $WLD did their recent otc with a 6mo lockup and 20% disc to spot.
Santiago R Santos@santiagoroel
Discount on vast majority of crypto secondaries is avg 90% It’s never been this bad and talking to secondary MMs they say the same. Usually it’s 60-70% for locked tokens w standard vesting - 1Y lock + 3-4 year vest
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2/5 multisig they really did another Harmony One Horizon Bridge
GIF
Dana@TheSoftwareJedi
private key theft is not the same as a protocol hack. drift protocol was not hacked. 2 keys were obtained by the attacker. 2 possible options: - people on the team got hacked and had the seed phrase stored digitally somewhere. - people on the team are the attacker. likely the former, because us humans cant resist putting seed phrases on internet connected digital storage.
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these bros are cooked
get the fuck out of them asap if you ever had any money in them:
AcePro
Algorithmica
ALT3 Capital
Circuit
Elemental
Equinox
Gauntlet
HaveMore
Knightrade
Kvants
M1
MetaEntropy
Neutral Trade
NX Finance
PrimeNumber
The Capital
Vectis
Vega Finance
ViXii
yikes
katexbt.hl@katexbt
DRIFT exploiter sold $JLP for USDC, SOL, ETH over an hour ago Alarms only being sounded now (15min ago) What the fuck
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tanked 15 minutes of my Econ midterm to deposit into @SentoraHQ Euler RLUSD vault (the opportunity cost was worth)
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@VietnamPenguin probably the counterparty on polymarket holding the $100m floor
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Last night got pretty spicy on $BASED. Someone clearly tried to slam the price below $100M FDV like 2 minutes before Polymarket expiry… but looks like way more people were positioned for >$100M 👀
Funny part - just 3 hours after expiry, the token nuked anyway (-30% in 24h) and now it’s sitting at ~$85M FDV.
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Behold, some weekly vault performance stats for all the yield enjoooyers out there:
yoSOL → 5.47%
yoETH → 4.37%
yoGOLD → 2.87% 👀
yoBTC → 3.67% 🔥
The YOverse provides.
🌐 app.yo.xyz
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losing in mahjong soul feels 1000x worse when it's to someone using a male character. grow up and use a Completely naked live2d woman like the rest of us
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