Ieyasu (💎,💎) Profile picture
Feb 6 16 tweets 2 min read
Why @dopex_io is severely undervalued:

Most ppl understand RE, stocks and bonds much better than they do options, even though options are the largest market of them all. That’s not incidental.
The use of options and futures dates back to the Roman times.

The Romans understood that having an efficient futures market adds value to economy by making commerce smoother and empowering ppl to make more efficient calculations on their risks.
In modern times, thanks to technology advancements, derivatives markets became so efficient, they sucked most of the speculative and non speculative capital, and advanced from a supporting role to a lead role.
As such, it was important to financial incumbents to “protect” the public from taking part in this game (similarly to how they protect the public from early stage investments).
An asset is undervalued when a gap exists between the understanding and perception of it, and its value and prospects in reality.
With Dopex, there are 3 main perception gaps currently:
1. Popularising and democratising options:
Within the Dopex community, there is a pretty good understanding of the fact that Dopex will onboard Millions of retail participants into the option game, and do it in ways never seen before.
But that understanding is currently confined 2 the community, which is currently not even a drop in the bucket compared 2 potential, & doesn’t exist outside of it.
So that’s 1 big gap, & the more ppl not yet in the know gain this understanding, adoption will grow significantly.
2. Very few, even within the community, understand how crucial options are to onboarding tardfi players on to Defi.
The fact is, without a sufficient derivatives market, most major tardfi actors simply CAN’T get involved with an asset or financial product.
Derivatives are crucial to a financial institution ability to hedge its risks, and no suit can or is even interested in exposure that tilts their R/r vertically b/c of no hedging.
But with a derivative suite in place, let alone a sophisticated one such as Dopex’s, Dopex will be the gate to onboard those eager yet shackled financial institutions onto Defi.
So we have 2 main gaps between perception and reality: the gap between the Dopex community and the rest re Dopex’s potential to onboard millions of retail players to the option game.
And the gap between practically everyone and reality re Dopex’s key positioning to onboard pools of capital orders of magnitude larger than currently involved with Gripto, to Defi.
Taking advantage of gaps between perception and reality as reflected in price is the key to investment success. Dopex is the best R/r I found in Gripto.
Epilogue: There is a 3rd gap, between the crowd’s knowledge of possible products Dopex will develop and launch (and their systemic effects), and TZ’s plans. But that’s beyond this post scope and up to TZ to decide timing and exposure, so will just mention it here.

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More from @1sat1c

Feb 4
4 those asking about L1s:
Investing in the base layer is a completely different game than the application layer. It’s a different offering, with different principles, and u gotta ask different Q’s.
Not gonna go into everything here but will give some basics.
Ask yourself these 2 questions before investing in anything on the base layer, and you’ll position yourself ahead of 99% of crypto speculators:
1. Does this needs to be on a blockchain/evm, or would it work just fine without it?
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Jan 30
Atlantics 🧵👇🏻
Atlantics are a novel financial innovation, which in the context of defi have far reaching implications, not all of which could be gauged today, and hence deserve detailed, thorough attention.
This will be long, as there’s much to unpack.
Tldr: think how much capital in the world is sitting dormant, unproductive b/c it’s designated as “collateral”. Atlantics unlock all of this capital to become productive and applied to existing & future Defi primitives.
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Nov 27, 2021
The community component of network value, a bull and some frogs:🧵
Evaluating investment propositions entails many aspects. Ppl tend to spend more time on the quantifiable ones b/c they are easier to measure and track.
However the reality is qualitative aspects have equal, if not larger, bearing on the outcome.
Read 68 tweets
Nov 20, 2021
Options, TVL and their relationship:👇🏻
An unspoken secret in the space is TVL is a 2 edged sword. Many protocols attract TVL via offering high native token rewards. What typically happens is the TVL arrives, stays as long as the high rewards r distributed, then leaves while dumping the token, headed 4 the next stop.
Because of the unique function options serve in a portfolio, balance sheet, P&L, CF compared to any other form of investment (Capex, equity, royalty, intangible), TVL captured on an options platform tends to be much more sticky.
Read 19 tweets

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