Alex P Profile picture
Founder & CEO @spin_fi | Ex-Google, derivatives trader, in love with web3.
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Nov 8, 2022 15 tweets 5 min read
1/ CT is buzzing with $FTT and #Alameda FUD talks. How it all began, what the risks of this situation are, and why the fundamental principles of decentralization @spin_fi are important – all this is summarized in my new thread. Letz go. 2/ A few days ago, @CoinDesk published an article about the balance of @AlamedaResearch, according to which most of the company's assets are a large number of #FTT tokens, partially used as loan collateral.
May 23, 2022 11 tweets 6 min read
In Part I of the stablecoin long read thread I outlined the conditions that led to the $UST disaster. BUT (!) decentralized stablecoins are a beautiful concept that definitely has a future.

1/ So, the topic for Part II is $USN – @NEARProtocol's native stablecoin. 2/ If you missed the first part, then it is better to start researching the topic with it.

There I described the main prerequisites that led to the collapse of the #UST and options for how this could have been avoided.

May 17, 2022 25 tweets 11 min read
Algorithmic #stablecoins have become the most discussed topic in CT since the collapse of $LUNA and $UST.
1/ But what preceded these events and is there a future for also stables? The thread will be very long 🧵 2/ *Intro starts here*

Algorithmic stablecoins probably started with two articles from as far back as 2014:

◽️ Hayek's Money: A Solution for Cryptocurrency Price Stability" by @Ferdinando1970
◽️Cryptocurrency Stabilization Note: Seigniorage Stocks by @codedlogic
Apr 25, 2022 11 tweets 11 min read
1/ Whether you focus on maximizing your profits or you’re building on $NEAR – this thread will help you perfectly navigate the ecosystem of #NEAR-native apps. Build your combos, and expand your partnerships!

Dedicated to @NEARProtocol OGs and newbies 🧵 2/ Let’s start with an overview of projects that are already live on #NEAR Protocol’s mainnet. Today’s newcomers are @DcntrlBank's #USN and the first order book DEX on #NEARProtocol – @spin_fi 🚀

A legendary day, really.
Apr 15, 2022 7 tweets 6 min read
A thread on the @NEARProtocol adoption: the FOMO is NEAR 🧵

1/ Intro: We at @spin_fi constantly keep an eye on the #NEAR metrics. I am sure I’m not the only one, so let me simplify the job for some #DeFi researchers and summarize the trends I currently see. 2/ On-chain maximalists who missed the @Solana Bullrun anticipate that the next blockchain to make a buzz in DeFi is @NEARProtocol 🐂
Same as many other L1s $NEAR trading volumes started to grow in Sept ‘21 and are now getting quite close to $SOL and $LUNA and outperforming $AVAX