Mark Jeffrey Profile picture
Feb 7 5 tweets 3 min read
Just scaled into @Equalizer0x ...

A little late to the party, but not THAT late -- $3M is still low cap.

If Fantom hits the warp drive, owning $EQUAL should act like leveraged $FTM (props to @austin_bbytes for that thought) --

-- since it's a major ecosystem player.
Miles @milesdeutscher was generally positive but still on the fence about getting into $EQUAL right now or not.

But THIS caught my eye: #Fantom's FVM + Storage boosts = 400 million tx's per day -- which is 4x what VISA does.
Scratch that -- since it's theorized to BECOME a major ecosystem player.

IF it can become The New CURVE *and* Fantom hits FVM and warp drive, then holy hell yes.
But let's look at a Tale of Two Curve Killers, shall we?

SOLIDLY's TVL had a nice ramp ... and then a fall off (which I still don't understand why, but whatever, it happened).
And here's @Equalizer0x TVL -- hard ramp up, brief breather right.

It feels like it inhaled some of SOLIDLY's liquidity.

Almost like a million LP's cried out at once and were silence on ETH.

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More from @markjeffrey

Oct 29, 2022
1/ Watching @SBF_FTX v @ErikVoorhees as I clean my house :)

Takeaways:

- The Federal Reserve and banking system - highly regulated -- is not transparent. Why should crypto be held to a higher standard, when it is already MORE transparent in many ways?
2/ SBF is clearly at the table and thinking thoughtfully about this stuff -- but feels the clear need to engage with regulators -- specifically in the US -- to help shape it.

He says ears are open on the other side of that table -- not everyone, but enough to give hope.
3/ Both emphasize that we have no draft of these regs yet, so we're all just guessing.

Vorhees points out that BitLicense in NYC was a prime example where industry engagement was VERY good -- and it went horribly wrong.
Read 33 tweets
Jul 20, 2022
Everything wrong and right with Polygon (meh tech, insane bizdev)

And everything wrong and right with Fantom, which is Polygon but in reverse (insane tech, non-existent bizdev). Image
If Polygon and Fantom merged ...

That would be a powerhouse.

Kind of a Fantagon. Or a PolyPhantasm.

If the FVM delivers: Solana-like speed and scalability, but without the centralization ... combined with Polygon bizdev and look out.
The danger for Polygon is that the tech is ratty, possibly not scalable.

All this bizdev brings a crush of traffic and boom, the chain melts.

Fantom could solve that.

They really are peanut butter and jelly. I suggest making a sandwich.
Read 4 tweets
May 2, 2022
Reading -- The Doom Loop by billionaire BitMEX founder Arthur Hayes:

entrepreneurshandbook.co/the-doom-loop-…
The TL;DR version is here:

benzinga.com/markets/crypto…
Europe central banks are already propping up weaker southern states.

They MUST print money: no choice. And getting off Russian gas accelerates things - we get 10 yrs of bleed compressed into now.

The Empire has already fallen, can't be stopped. #Bitcoin is The Foundation.
Read 6 tweets
Jan 1, 2022
Watching @joerogan interview Dr. Robert Malone, inventor of mRNA vaccines, recently banned from Twitter.

We can't "trust to the science" when we can't listen to one of the world's top scientists and experts on this exact topic.

The trust evaporates.

open.spotify.com/episode/3SCsue…
One of the claims Dr. Malone makes is that Uttar Pradesh in India -- an area with population equivalant to that of the United States -- has crushed the virus -- and they are oddly not revealing how they did it.

The chart seems to support this. Image
Having been to India several times, my first thought when all this began was that India was in a ton of trouble -- the sheer density of human per square inch is hard to convey to someone who has never been there.

And India has fared FAR better than I would have guessed.
Read 4 tweets
Jan 1, 2022
Results for the year chart:

The big chain winner in 2021 was #Fantom $FTM -- not #Solana or #Avalanche or $MATIC -- despite all the hype.

Fantom is *still* massively undervalued in terms of TVL and transactions and projects and market cap compared to it's peers. Image
Wow ... #fantom had a big $1B jump in TVL over the last few days. Image
And #fantom flippened Polygon and TRON TVL and is now creeping up on #solana Image
Read 4 tweets
Dec 29, 2021
1/ 2021 was a fantastic year for crypto gains.

I did very well with early bets on 'brainy' DeFi coins ($YFI, $SPELL, $ICE, etc.) ... but when I zoomed out, I noticed something:

Dopey meme coins like $SHIB *far* outstripped everything I had meticulously studied and invested in. Image
2/ Why?

Because most people don't understand the intracacies of bonding curves and smart contracts.

But everybody understands a dog and a coin.

It's the same reason NFT's are taking off: everyone gets collecting stuff. Nothing is complex.
3/ So -- I started the Antiportfolio Against Myself in the summer.

The thesis was: Invest in things I would never invest in.

So far, THAT has done very well.
Read 11 tweets

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