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Wismerhill Profile picture
Wismerhill
@0xWismerhill
Proper allocation of fake internet money is an investor's number one job. Hobby @sandboxtreecap.
Oct 5, 2023 • 5 tweets • 2 min read
1/ In January 2023, Wonderland (now Volta) had $96M of stablecoins (out of $128M) in its treasury. As of today, this number is $12M. It was swapped to SIFU and UwU tokens which now represent $125M out of the $147M treasury. Got to take my hat off to Sifu. 2/ Through this smart ruggish financial engineering performance, Sifu received $6.7M in performance fees for the first 3 quarters of 2023. This doesn't even account for the funds diverted through the purchase of Sifu and UwU tokens. Link to the treasury: docs.google.com/spreadsheets/d…