bear markets are for farming ponzis
LMAO INFINITY X LETS GO
downside = -100%
upside = infinity x
BLESS PONZIS
before anyone apes and we get rugged together - NOT FINANCIAL ADVICE
Ponzi now at 19.5milly

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More from @Darrenlautf

31 May
.@solana DeFi Hackathon Demo Day Notes #1

Timestamps
6:55 @gopartyparrot
21:35 @mangomarkets
50:49 Foresight
1:08:28 @MarinadeFinance
01:21:07 @PsyOptions
01:41:04 @synthetify
01:56:22 @SolriseFinance
02:18:29 @OpenEraHQ

twitch.tv/videos/1037979…
.@gopartyparrot is going to be a suite of lending products based on collateralised LP tokens

Recently went live on mainnet, staging.partyparrot.finance
$100k debt ceiling w $100 max debt per user.

Only Stablecoins accepted as collateral for now = no liquidations
Some screenshots from testing out
- deposit 100 USDC, mint 50 PAI (200% Collateral Ratio)
- Vaults show your position where you can mint / repay
- minting more PAI reduces your collateral ratio ImageImageImage
Read 6 tweets
19 May
Being a VC in Crypto
A short thread looking back on my past 9 months at @TheSpartanGroup 🧵

Hopefully, this is useful to those thinking of joining a crypto fund. (Feel free to reach out if you have any questions!)
Why Spartan? I covered that here in my previous tweet thread but basically, I joined for two things:learning and networking 🤓


What do I do at Spartan? What is a day in the life as an analyst?

There's a few things basically which I'll breakdown below👇
Calls Calls Calls
We just raised a new DeFi venture fund so naturally, we need to find projects to deploy capital.

But with capital now being cheap, it's difficult to get the sizes you want, hence you need to invest in more projects, thus

Read 19 tweets
28 Apr
Yesterday was prob a crazier day in Crypto than most with quite a few launches 😂🦧

Here's a short recap 👇
.@AaveAave had AIP-16 go live, which means
-> 2200 $stkAAVE per day will be distributed at a 50/50 ratio between depositors and borrowers.
-> AAVE now in the 10 billy club
-> You can use both @Instadapp and @DeFiSaver to maximise your yields 👨‍🌾
.@Wault_Finance launched WaultSwap (WEX)
- coingecko.com/en/coins/wault…
- MC @ 7.5m
- TVL @ 64m
- Listed on both WaultSwap and PCS
- 40m Trading vol in WaultSwap in 10hrs
- 2k APYs for LPs, 300% APY stake
- 0.2% Trading Fees, 0.18% to LPs, 0.02% to Buy and burn
waultfinance.medium.com/announcing-wau…
Read 11 tweets
10 Mar
Testing out @KineProtocol :D
-> Professional Grade Decentralized Derivatives Markets
medium.com/@KineProtocol/…
Got some free kovan ETH from random CT peeps (thanks!), if anyone wants any drop a reply below 👇

Once at kovan.kine.finance, I clicked on Test Token to get some USDC, Wrapped BTC and USDT Image
I enabled USDC to use as collateral and then I staked the maximum, staking $4000 gives me a $3400 debt limit ImageImage
Read 11 tweets
20 Dec 20
No news update for today but I have an ape one🙊
Bought some $GRT here with my ENS (5 ETH - 50% of Fund)

Reason being:
Blow off top from 74c to 56c (~25% drop)
Previous Blow off top was from 59c to 38c (~35% drop)
Funding is still negative (but not as high as it was)
With 2.8 bln in 24hr trading Volume, personally feel there could be another run up but the r/r here isnt as great admittedly.

However, fundamentals for The Graph are strong which is highlighted by Private Chad's thread here .
Everyone uses them : CoinGecko, Uniswap Info etc and this has been a launch that Daryl and I have been anticipating for forever .
Read 6 tweets
30 Aug 20
Not an alpha leak but more of a story

It's crazy to think just how much crypto has changed my life and @Daryllautk 's too. We both got in 2017 with a tiny amount (<$50) because back then we were broke at with no source of income and just starting our degree in university
Looking back, there were plenty of signs for us to dive in:
- saw Bitcoin as payment on Steam when it was first added
- watched the Social Network movie when it first came out and thought the Winklevoss twins were cool af
- had a friend that was mining ETH in 2016 🤯

#megablind
I guess the final sign was when I was interning at a local NGO and my boss at that time @mrstingy2014 started telling me about Bitcoin and how it could change the world. He wrote this cool article here: mr-stingy.com/love-affair-bi…

That's when we had a 💡moment
Read 23 tweets

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