Discover and read the best of Twitter Threads about #RoadTo50
Most recents (4)
🧵1/14 Facing and uncomfortable Reality: What @defichain truly needs! And intellectually honest analysis.🚀
🧵2/14 Quick background: The past year has been tumultuous for the #DeFi space, largely due to the failure of Terra's stablecoin, UST. That uncertainty paired with the massive crypto price drop, caused fear to $DFI investors.
🧵3/14 Price follows Value. Always. 🔑
Value is determined by three factors: Utility (the most important!), number of people (marketing), and rarity. These factors are critical for any investment. I've written a blog post about this: julianhosp.medium.com/resolving-dusd…
Value is determined by three factors: Utility (the most important!), number of people (marketing), and rarity. These factors are critical for any investment. I've written a blog post about this: julianhosp.medium.com/resolving-dusd…
This is part 3 of the @defichain mega thread
Today is all about the bull case for $DFI:
You get outlooks for
1. Next cyclical bull market (Q4 2023/2024 ?)
2. Moon scenario
3. Conclusion
The provided numbers are only for getting a feeling of the magnitude and are not meant as price predictions, this is not financial advice!
You get outlooks for
1. Next cyclical bull market (Q4 2023/2024 ?)
2. Moon scenario
3. Conclusion
The provided numbers are only for getting a feeling of the magnitude and are not meant as price predictions, this is not financial advice!
1. How I see the markets we will go lower in the first half of 2023 and propably bottom around end H1 after a credit event or extreme deflation that will force the Fed for a real pivot (= excess liquidity flows into risk assets again). Complete 2023 outlook drops next weeks
1/ Are you frustrated with @defichain at the moment?
Do you know people who are frustrated at the moment?
Keep on reading. Let me intro you to the concept of "The Messy Middle" - formulated by Scott Belsky.
Do you know people who are frustrated at the moment?
Keep on reading. Let me intro you to the concept of "The Messy Middle" - formulated by Scott Belsky.
2/ In any significant project (not tiny small ones), you start scrappy, fast, focus on outcomes, not processes, there is little to lose, lots to gain, lots of adventure, etc.
3/ If, and only if, a project actually gets traction, we all know where it needs to get to: stability, processes, predictability, etc.
Why I am so bullish on $DFI:
After the update you can make a vault with 100% DUSD collateral. So you can earn 66% APR on a stable coin. short Thread on how and the effects of this.
A short #roadTo50 🧵 /1
After the update you can make a vault with 100% DUSD collateral. So you can earn 66% APR on a stable coin. short Thread on how and the effects of this.
A short #roadTo50 🧵 /1
based on 10k DUSD->
* put 6.6k into the vault
* mint $3.3k SPY
* put the SPY with the remaining 3.3k DUSD into LM
-> you get 100% APR on $6.6k
-> 66% on the 10k DUSD
(SPY would need to pump 30% to get your collateral into trouble, so plenty of time to react)
/2
* put 6.6k into the vault
* mint $3.3k SPY
* put the SPY with the remaining 3.3k DUSD into LM
-> you get 100% APR on $6.6k
-> 66% on the 10k DUSD
(SPY would need to pump 30% to get your collateral into trouble, so plenty of time to react)
/2
This will definitly attract new capital, which doesn't care for $DFI but for returns.
But to get to DUSD, you need to go throu DFI. It either gets minted (with DFI as collateral) or they buy it for DFI.
/3
But to get to DUSD, you need to go throu DFI. It either gets minted (with DFI as collateral) or they buy it for DFI.
/3
