Discover and read the best of Twitter Threads about #MIDAS

Most recents (4)

Another CeFi platform #Midas Investments @Midas_platform is shutting down with a $63.3 million hole in the balance sheet.

blog.midas.investments/midas-closure-…

Read the full thread about what happened:

#MidasInvestments
1. Midas Investments launched in 2021 as a Ce(De)Fi app that delivers a fixed yield on cryptocurrencies.

It was one of the few products that delivered a very high yield on BTC, ETH, and stablecoins.

BTC - 17% APY
ETH - 23% APY
USDT/USDC - 19% APY
2. The problem with such CeFi fixed yield products is transparency. As a user, you never know where the yield is coming from

According to the founder, the source of the Midas yield was the "Algo" and DeFi

There is not much info on the Algo apart from that it's "trending"
Read 23 tweets
P. Steiner à propos du paradoxe évoqué par #Aristote, du roi #Midas qui demanda à transformer tout ce qu'il touche en or : "L'argent qui paraît être la chose qui permet de satisfaire tous les besoins, se trouve réduite à elle-même, et ne servir à rien !".
franceculture.fr/emissions/ente…
Dans cette émission de @Tiphainederock, la pensée aristotélicienne sur l'usure y est développée : "L'argent est en lui-même une chose absolument vaine, n'ayant de valeur que par la loi et non par la nature, puisqu'un changement de convention parmi ceux qui en font usage..."
⤵️
"...peut le déprécier complètement est le rendre incapable de satisfaire aucun de nos besoins."
Read 5 tweets
PGY1 Resident @NatalieHaddadRx will be presenting an exciting Grand Rounds topic today. Join us with live tweets starting at 11 am CST as she discusses the role of midodrine for vasopressor discontinuation!
Use of #midodrine has increased nearly 50% from 2011 through 2016, and its use has likely increased further in recent years. What is its role in vasopressor discontinuation?
Midodrine is a prodrug with its active metabolite desglymidodrine acting as an alpha-1 agonist. Its peak effect on blood pressure occurs in 1-2 hours with a half life of 3-4 hours. ⌛️
Read 15 tweets

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