SBF Profile picture
11 Oct, 6 tweets, 2 min read
1) This seems more like what I'd expect than a rugpull:
2) I think there was a lot of legit worry about the way off--blue was conducted--I was pretty surprised that it started with a ton of NFTs being sold without more of a roadmap.

I think I would have started either with a more detailed roadmap, or an auction for something valuable
3) But I also think the internet overreacted here.

There are two paths:

a) ask questions, give feedback, wait for responses, don't buy unless/until you're comfortable

b) dox, threaten, cancel

The internet chose (b).

I don't think the offenses so far justified it.
4) Anyway, I bought a few NFTs for the hell of it, because idk maybe Kirby does something really cool.

I guess that won't happen -- the pitchforks drove them away.

But I did what I did with my eyes wide open -- I didn't feel like anything was promised to me.
5) If you want a 1ETH refund,

I think I'll keep mine. It's not just NOT INVESTMENT ADVICE--it's probably bad. I don't think it'll ever be worth anything.

But I did what I did, and would rather live with it and own it.
6) Also -- maybe I'm missing something here, and it is actually a rugpull. If the claim process doesn't work, I take it all back, and fuck everything.

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More from @SBF_Alameda

10 Oct
1) bathwater
2) NOT INVESTMENT ADVICE. Really not advice of any kind.

I obviously have conflicts of interest here. Take that for what you will.
3) in case you were living under a rock, or for some reason prioritize the rest of your life above crypto twitter drama (priorities people!)--

yesterday this was proposed for CREAM governance:…
Read 26 tweets
9 Oct
1) How Alameda thinks about investments

(for )

Also: I am not Alameda; Alameda is a team of traders. I focus on FTX and Serum. I am, however, decently involved in larger investments.

For thoughts on Alameda's trading, see @AlamedaTrabucco
3) I realize now, too late, that my Twitter feed gives a fairly non-representative view of how we think about investments.

There are a few reasons for that: mostly that I don't talk about it unless prompted, but also that I usually only talk about the good, not the bad.
Read 28 tweets
7 Oct
1) I gave a short talk today for Money Dance; a summary:

3) If your goal is short-term maximization in DeFi, build an ETH-based yield farm, incentivize buying your token, and sell your token.
Read 7 tweets
6 Oct
1) Advice for people whose coins are down today
3) Well, first, that's everyone. Everyone's coin is down today. (Except USDT which is maybe up 2bps.)

But some have never been here before.

So what do you do, if you run a project, and that project's coin is down?
Read 16 tweets
4 Oct
1) Unpopular take: @cz_binance partially saved @CoinMarketCap.
3) Let me start by saying something more popular:

@coingecko has caught up to CMC. It happened slowly and then all at once.

That's extremely impressive.

And it's extremely bad news for CMC.
Read 9 tweets
4 Oct
1) What are Pools?
2) Pools are one of the key fundamental primitives of DeFi.

Pools are places you store stuff, and tokenize the ownership.
3) For instance, AMMs are Pools.

You store ETH + DAI in a Pool, and you tokenize ownership with an LP token. You can send back the LP token to get your ETH + DAI back.

Uniswap Pools have a twist: anyone can send DAI to the Pool, and get back an equal % of its ETH.
Read 11 tweets

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