Tim Copeland

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Tim Copeland

Tim Copeland

@Timccopeland

Head of Growth at The Block | Verify: https://t.co/ltm43aBLET | Use: https://t.co/Fx4xtHr1uF

เข้าร่วม Ocak 2018
6.1K กำลังติดตาม41.4K ผู้ติดตาม
Tim Copeland
Tim Copeland@Timccopeland·
@firefincher I call it Tuna it lends the stablecoin ticker to UST (for tuna)
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starfish
starfish@firefincher·
@Timccopeland you really have a great idea what are you going to name it? T for Tim T for Terra
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Tim Copeland
Tim Copeland@Timccopeland·
Been thinking about this for a while. What if you created a stablecoin that was pegged to $1 but instead of inefficiently locking up loads of capital, you back it with a second token I know it sounds kinda risky but if it drops below a dollar, people can burn the other token and redeem it for the stablecoin. If it goes above a dollar, they can just sell the stablecoin and redeem it for the other token. I feel like this might work if it captures a flywheel and builds up a sufficient ecosystem to support the daily buying and selling pressure + arbs. What am i missing here?
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Tim Copeland
Tim Copeland@Timccopeland·
@jaypatel hmmmm that could help anchor the stablecoin to a dollar
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Jay
Jay@jaypatel·
@Timccopeland you should pay something like 17% apy on this stablecoin, I'm sure that will get people to use it
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Tim Copeland
Tim Copeland@Timccopeland·
@harleyfoote_ nah i don't think that's plausible if people sell, that just creates buying opportunities!
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Harley Lewis Foote
Harley Lewis Foote@harleyfoote_·
@Timccopeland The risk comes from capital efficiency vs. stability If the secondary token isn't liquid enough or people lose confidence, the peg can break quickly and violently
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Tim Copeland
Tim Copeland@Timccopeland·
@dccockfoster yes excellent idea, i shall call him No Con to make sure that it's clear this is a highly legitimate project
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Duncan Cock Foster
Duncan Cock Foster@dccockfoster·
@Timccopeland I think this could work but only work if you have a borderline delusional founder who aggressively insults anyone who questions him and lies to investors
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Tim Copeland
Tim Copeland@Timccopeland·
@AD_1508 hmmmm 5% would be too low 4,000% too high maybe 20%?
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AD_1508
AD_1508@AD_1508·
@Timccopeland I think you need to throw some yield into the mix to really juice things....pick a round number, any round number will do (a higher number would be better, obvs)
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Charco (Euro Summer Arc)
Rented out a castle for a 20 person private dinner on April 2nd We're bringing the best traders, sharpest thinkers, and biggest eaters together for one night Few slots left, who should be there?
Charco (Euro Summer Arc) tweet media
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Tarek | Yalgamers
Tarek | Yalgamers@AGGTORNADO·
@Timccopeland The idea is great tbh, super good, but you know it will be super hard work and you need a lot of backup for it Hope you can cook this🤛🏻 I will the first holder HAHAHA
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rektdiomedes
rektdiomedes@rektdiomedes·
If you recognize these four images we are brothers and I will wish for destruction upon all your enemies 🤝
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cryptoleon
cryptoleon@cryptoleon·
who is coming to Cannes ethcc? I need a cameraman for 3 days: Good payment Flights and hotel will be covered lmk
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Tim Copeland
Tim Copeland@Timccopeland·
@AGGTORNADO stablecoins have loads of usecases. Imagine achieving all of that without locking up 100s of billions of dollars? it's basically unlocking a huge amount of cash, making it way more liquid
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Tarek | Yalgamers
Tarek | Yalgamers@AGGTORNADO·
@Timccopeland You are missing the utility, why do i have to use a stable coin that I can’t do anything with it and we have USDT/C as a stable
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Tim Copeland
Tim Copeland@Timccopeland·
TRACK ALL OF POLYMARKET/KALSHI IN ONE PLACE best dashboard on the planet
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Tim Copeland
Tim Copeland@Timccopeland·
@sleuthin the two differently sized hands is creeping me out
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Tim Copeland
Tim Copeland@Timccopeland·
imagine waking up in a coma and being trapped in this room
Tim Copeland tweet media
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Tim Copeland
Tim Copeland@Timccopeland·
@sleuthin can you put me in novogratz suit? instead of him
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