Been seeing pretty polarized takes on the #Ethereum staking concentration
Some claim it's fatal and too late, mostly coming from the mistaken view that PoS $ETH is a gov token
Others claiming it's a nothing burger
Truth is it's a big deal, but is fixable and is not fatal
1/5
If @LidoFinance attacked the chain with its huge stake, they would be slashed and unable to continue attacking
PoS is much better at recovering from attacks like this than PoW
2/5
Dec 16, 2021 • 6 tweets • 2 min read
1/
This conversation was really illuminating for me. For those of us coming from the $ETH world, it’s important not to do to $SOL what bitcoiners have done to ETH with the unfair criticisms over insider allocations at launch.
It’s good to give thought to how much should go to team vs VC vs community, but MUST take account of historical context.
Nov 11, 2021 • 22 tweets • 4 min read
1/ Apologies for the excessively long thread but here are some high level thoughts about "kinds of money" and how it applies to $ETH $BTC and $OHM
2/ At a high level, I think historical currencies can be looked at as:
1/ Unpopular Opinion: Real Estate will be one of the worst performing asset classes over the next 30 years (in the US).
Reasons:
2/ First, demographics. This is by far the largest issue. The US has had a low and falling birth rate for a long time and the baby boomers, a massive generation, will start dying over the next 10-30 years.
Nov 10, 2021 • 4 tweets • 2 min read
This will be really positive for both projects imo. Which strategic assets are next?
$TOKE @TokenReactor for the power to direct more liquidity?
Nov 10, 2021 • 8 tweets • 3 min read
1. Some thoughts on why I think Olympus Pro by @OlympusDAO is even more valuable for DEXs like @Uniswap@SushiSwap@BalancerLabs@KyberNetwork@Bancor than for the rest of DeFi applications:
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2. In the case of @AlchemixFi the use of Olympus Pro will allow them to avoid losing liquidity when Pool2 rewards dry up and also enable them to redirect those rewards to incentivize use of their self-repaying loans, which I think is a more valuable use of the ALCX rewards.
Nov 10, 2021 • 6 tweets • 4 min read
1. Really excited to see @Tetranode partnering with @OlympusDAO to help wisely deploy the $OHM treasury to generate yield.
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