im guessing we'll see a website that tracks the actual yield of each BETH variant, along with which services are currently staking how many ETH

marketplaces for the different BETHs is gonna be very interesting, to see how people price illiquidity + indv custodial risks
like let's say there's some big FUD on binance or coinbase

that could spill over and be reflected in their BETH variants trading at discounts because people arent confident that they can survive until the BETH can be claimed
will X service survive until BETH redemption?

can X service be trusted to run their validators without getting slashed too much?
each BETH will have premiums and discounts based on factors like

- fees
- access (geo restrictions)
- capital minimums
- validator service record
- receipt token secondary market liquidity
- receipt token auxiliary utility / usage
tho receipt token auxiliary utility and usage will probably be based on the secondary market liquidity

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More from @DegenSpartan

3 Dec
i think about this a lot

especially when ppl are debating about something that i have the definitely correct answer to
"you're such an asshole, why don't you just help them out"

because like most financial markets

you make money betting against people who are wrong
ofc cooperating and collaborating to increase the overall value which is greater than the sum of each parts does indeed exist

but there's also the part where this is a battlefield and you fight to survive and to bag home the profits

gotta figure out what's the situation at hand
Read 4 tweets
2 Dec
i was just casually thinking of the ASSY vs CUM meme, so i decided to look back at the past 24h returns
for reference, probably good to know BTC and ETH performance as well

both pretty flat on the week, slight negative for 24h
personally, i'd rather it be ASS vs CUM, but i am aware most people own and like YFI, so, yeah

ive used all these protocols before, all great
Read 7 tweets
2 Dec
what's worse than a defi index?

an equally weighted defi governance token index that includes CUM + NXM + the project's own new governance token

everyday we stray further from god
i embrace the philosophy of open source systems where anything that can be built, probably will eventually be built through experimentation and trial and error

but that doesnt make every idea a good idea
im probably fudding this cos i want cheap PIPT and CVP

cos when i fud things, the goal is always to lower the price so i can whale accumulate into the bullish selling

4d chess, checkmate
Read 4 tweets
1 Dec
pair trade idea

short $UNI
long $SUSHI
how upset did that tweet make you feel Image
you know im just kidding right

sorta, anyway

sometimes im not even sure myself
Read 4 tweets
1 Dec
my portfolio risk management strategy is inspired from an anime
this is very PrudentSpartan-ish

i disgust myself
may also be my subconscious because i like to play tank builds in games
Read 5 tweets
1 Dec
i have both blockfi and celsius accounts since they launched

i have significantly more in one of them

i too have earned over 6 figs in interest

but idk could be psyops tho
you thought i was joking about being a cedefi maxi?
lol then again i probably farmed more on defi so maybe defi is still better for me, thats why i engage in it so heavily still

cedefi is good play to bet on normies never crossing the chasm themselves tho
Read 4 tweets

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