The House of Republicans has passed a bill to raise the Debt Ceiling to 1.5T$
Let's understand what the implications are going forward, for the US #Liquidity conditions and financial markets:
⏱️🔴Bonds have maturities of more than ten years and are often used to finance large, long-term projects or to refinance existing debt.
Jan 16, 2023 • 4 tweets • 3 min read
Monday Liquidity Update for the Week:
🔵Fed's BS: Stable at 8508B$
🟢TGA: 69B$ injection
🟢RRP: 63B$ injection
✅NET Liquidity INCREASE of 132B$ 📈
(Register for FREE to source the Data here: indicator-suite.streamlit.app)
These dynamics still playing out:
(read the thread to understand the current state of the monetary policy)
Monday 🧵
An update on the Liquidity Status of the market:
🔴Fed's BS: -44B$ Reduction as expected,
Offset by:
🟢TGA: 30B$ injection
🟢RRP: 85B$ injection
✅NET Liquidity INCREASE of 71B$
(Register for FREE to source the Data here: indicator-suite.streamlit.app)
The Fed's tightening policy has been effectively offset by the TGE and RRP.
Why?
-TGE is forced to meet its debt repayment obligations by spending down its account as the Debt ceiling approaches and they cannot issue new Debt to pay old interest.
Now that $UST has de-pegged, collateralization looks as important as event.
A 🧵on the synergies between over-collateralized and algorithmic stables to achieve:
- better security
- more sustainability
- incentives alignment
- better margins
- scale
To start off, I think we can agree on the fact that the cryptocurrency market, broadly, needs to lvl up its game on stable's design if it wants to come up with an 🧠 alternative to the current centralized FIAT regime, which is imposed by force and headed to a devaluation💀spiral.
Mar 15, 2022 • 17 tweets • 8 min read
$POKT Network is a decentralized Network to provide Public RPCs endpoint.
Think Infura but more reliable, less expensive and not centralized into a single point of faliure.
A comprehensive 🧵on my investment thesis and 🐂 case
👇
@POKTnetwork is a Tendermint chain with a custom made consensus algorithm that serves API calls (or Relays) to dApps on a host of different L1/2 chains like:
Ethereum, Harmony, Solana, Avalanche, Polygon, xDai, Fuse, Algorand and constantly adding more.
Dec 30, 2021 • 8 tweets • 3 min read
1/ I see a lot of #FrogNation's 🐸 haven't yet figured out what Liquid Staking truly means for @Wonderland_fi and $TIME but also for $SUSHI and the whole @danielesesta's ecosystem in the medium/long term.
A short ELI5 🧵
2/ Firstly and most importantly, liquid staking aligns incentives for the community to chose a staking provider that it's not centralized in nature, naturally removing delegations from CEXs to the benefit of the decentralization of the networks you chose to support
Oct 31, 2021 • 11 tweets • 6 min read
Mark my words Anon, history is being made as you read: the name of the game is @fraxfinance
This is a collection of🧵🧵 to explain you how they are leveraging partnerships with all the best DeFi 2.0 projects in the space like @OlympusDAO@templedao@ConvexFinance@TokenReactor1/ Firstly, enter $FPI:
Here's an important 🧵by none the less of the @fraxfinance funder and mastermind @samkazemian on the topic of CPI, inflation and welfare
These dynamics still playing out:
The Fed's tightening policy has been effectively offset by the TGE and RRP.