1) #HEXICANS!! Important! Please share everywhere! Here's my thoughts on the recent PulseX Sac wallet actions with #Stablecoins that we have seen over the past 7hrs & why it is a great LIVE! display of Risk management! #4DChessMoves & Genius #Levelthinking! in this crazy times 😎
2) First! for context, if you didn't know. PulseX Sac wallet is now the #1 Holder of #DAI Stable coin. Check Etherscan. Almost 279M+ in just 1 wallet.
#QuickMafs:
40.4M Tether -> 43.758M DAI
+8.3% Arb; swapping tether while the premium was there. average entry .917 per DAI.
#QuickMafs:
40.4M Tether -> 43.758M DAI
+8.3% Arb; swapping tether while the premium was there. average entry .917 per DAI.
3) At current DAI price, the Tether swapped already made 200k+ in $ value. If/when DAI repegged, the value added to the war chest will be 3.358M! just from this move. 🔥🤑🥳
4) Why DAI you might ask?🤔Well, this is where the risk management really kick in! DAI only has roughly 30% exposure to USDC overall. Also, anyone & everyone panic selling USDC bellow 0.91 is just being careless at best with their funds or worst, not doing the math about the risk
5) Second Risk angle most people don't see. Let's say you had all your USDC & sent it to an exchange, convert to FIAT. Let me ask you this
WHAT IS YOUR GUARANTEE THAT YOUR BANK WILL BE ALIVE NEXT WEEK?!! to honor all your withdrawal..lol. Let alone the capital gains tax created.
WHAT IS YOUR GUARANTEE THAT YOUR BANK WILL BE ALIVE NEXT WEEK?!! to honor all your withdrawal..lol. Let alone the capital gains tax created.
6) In a world where No Banks, Traditional Entity can be trusted 100% from not failing & where you want to have freedom of accessing your funds from anywhere around the world freely & Instantly; one must do his best to minimize middlemen & Counterparty risks as some just relearned
7) This is where it gets extra JUICY! When you dig in some more! NOT ONLY DAI is over collateralized as you can check everything on chain but #MAKERDAO which govern the DAI stable coin is run by some "badass" community members too who saw this coming months in advance & prepared!
8) Case in point! They predicted the FED would start raising rates fast 6 months! in advance. The community voted to purchase short term TBills! Maturity LADDERED every 2 weeks! for safety & gets paid every 2 weeks at 4.5% avg/clip! which adds tremendous value to the DAI treasury 
9) First Maturity payment comes in just 3 days!
62.5M slot maturing which delivers 62.5M x 4.5% x 2/52 = 108K in Cash Yield!
Then every 2 weeks 62.5M! gets unlocked like a perpetual staking ladder..lol..
#HEXStyle!😉(rinse & repeat)
Taking advantage of the new yield environment
62.5M slot maturing which delivers 62.5M x 4.5% x 2/52 = 108K in Cash Yield!
Then every 2 weeks 62.5M! gets unlocked like a perpetual staking ladder..lol..
#HEXStyle!😉(rinse & repeat)
Taking advantage of the new yield environment
10) Now This?! As of few days ago..hehehe. The #MakerDAO community is getting ready to double down! even more & buy more TBills while accounting for liquidity risks & continuously playing the 6Ms game with 2 weeks rollouts, which is perfect! In the new FED POW interest rate Wrld
End) TLDR:
1.All risks factored in; DAI is the BEST stable & over collateralized.(Verifiable on Chain)
2. #MakerDAO community which controls DAI has great management skills.
3. As the TBills bought continues to print 4.5%+ cashflow every 2 Wks! the USDC% backing DAI will decrease
1.All risks factored in; DAI is the BEST stable & over collateralized.(Verifiable on Chain)
2. #MakerDAO community which controls DAI has great management skills.
3. As the TBills bought continues to print 4.5%+ cashflow every 2 Wks! the USDC% backing DAI will decrease
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