Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
Andrew Kang Profile picture
@Rewkang
Nov 8, 2020 • 6 tweets • 2 min read • Read on X
Scrolly
All $AAVE shorts are underwater and paying funding to stay short

#aSqueeze Image
Aave shorts haven't been rinsed yet

May see $100 Aave within the next few days

This is literally a supply side liquidity crisis

$90+ wick today? Image
Shorts are literally in disbelief.

"Just another deadcat" Image
something about a triangle Image
Nice break Image

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with Andrew Kang

Andrew Kang Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @Rewkang

Andrew Kang Profile picture
Nov 21
Upping my odds of an eventual $DOGE ETF to 90%

Moon soon Image
Ngl I wouldn’t be surprised if a Doge ETF got more net inflows during a similar one year time period than the ETH ETF

Have actually heard of substantial institutional interest in DOGE

In the bull market, it’s like Bitcoin, but with more upside
Larry Fink’s face when he thinks about all the fees he’s about to collect from his Doge ETF Image
Read 5 tweets
Andrew Kang Profile picture
Oct 27
It’s counterintuitive, but the best tokenomic design for a project (and retail) is to not have investor lock ups and have as much tokens to be as circulating as possible on Day 1 (except team, treasury)

One year cliff and 3-4 year vests are a poor standard that came about from a misunderstanding of capital markets and lazy copy pasting from prior projects

In reality, long vests have little impact on investor contribution post TGE. Good investors will be supportive whether tokens are vesting or not. Opposite for passive investors

The standard needs to changeImage
I wrote about why low float high FDV was bad in 2021. Back then projects started to copy the Serum model of 1% circulating - I pushed that projects should have at very minimum 15-20% circulating on TGE. Now I believe even that is too low. The standard should be 65-75%+

We've given a lot of this advice to new founders, but its tough because you are fighting against bad tokenomics advice from lawyers that misinterpret securities law and other VCs that try to push the status quo

But talk to any past founder and most will tell you that vesting + low float designs are a mistake and result in major headaches down the lineImage
Read 4 tweets
Andrew Kang Profile picture
Aug 11
No knowledge of anything actually happening but combination of the below leading me to bet that there’s some interesting developments upcoming for $SUI

1. Raoul pal shill thread while he sits on advisory board
2. Large OTC bids
3. Relatively strong holdership through big unlocks
4. Aggressive price action with no pullback
5. Big recent performance upgrade with Mysiceti potentially allowing for interesting new apps
Many people commenting that they are giving grants to people to shill. If true, this is bullish
Potential speculation into Korea blockchain week announcement
Read 5 tweets
Andrew Kang Profile picture
Mar 11
This was pretty insane memecoin alpha from AVAX foundation

Whenever a big player says they are buying, it never fails to ignite momentum when market conditions are ok (CZ/Binance in March, early Saylor buys, etc). Suddenly, the technology improves

Don’t fight the fed
Think you see this strategy replicated across all chains/foundations in the future, just as all of them launched DeFi incentive programs

It’s a very high ROI/probability way to increase onchain activity, bridging inflows, community members, etc
It’s the same reflexive loop that chains saw with NFTs last cycle where people needed to buy the chains coins to buy the NFTs and every chain wanted NFT collections but I think there’s more power in this loop because tokens are better speculative vehicles than their NF counterparts
Read 4 tweets
Andrew Kang Profile picture
Dec 30, 2023
1/ The road ahead for Arbitrum ($ARB) - Mega thread

2021
- Arbitrum launch

2022
- Nitro upgrade for improved performance
- Arbitrum Odyssey introduced but paused
- Arbitrum Nova, a separate chain built for lost-cost transactions focused on gaming and social apps was launchedImage
2/ 2023 was the year of big launches and announcements

- Launched highly anticipated $ARB token, with 1.162B tokens distributed to ~580k wallets
- TVL doubled since the start of the year
- 4th highest TVL chain - more than Solana and Optimism combined
- Resuming Arbitrum Odyssey Image
3/ But things are just getting started for Arbitrum.

Believe that these following catalysts/narrative will really kickstart the arbitrum flywheel going into 2024:

- Arbitrum Orbits
- STIPS
- ARB Staking
- EIP-4844
Read 15 tweets
Andrew Kang Profile picture
Jun 7, 2023
The New King of Money Markets

The @RDNTCapital Thesis twitter.com/i/web/status/1… Image
1/ At $5B and $2B TVL, Aave and Compound are currently the largest money markets in crypto

By innovating while others cruise, @RDNTCapital is the top competitor to challenge the throne and has the potential to become the new King of Money Markets in all of crypto
2/ At a glance:

-$260m TVL across Arb/BSC

-First functional cross-chain MM (lend on X chain, borrow on Y)
-Launching on ETH & zkSync next
-Safely adding more collateral like $ARB (other MMs move slowly)
-Token design optimized for demand & protocol growth
Read 16 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

Send Email!

:(