Analyst at @block_science. BD @deribitexchange Writing about crypto on Russian at https://t.co/YDl2H42P1B ππΊπ¦π»π³ In love with technology, and mindfulness.
Sep 22, 2020 β’ 22 tweets β’ 12 min read
Big thread on lessons learned from 2017 bullrun, 2 years of a downtrend, a bunch of big liquidations, countless missed opportunities, and finally, some good profits generated applied to the current and future market. π
Thread: What do crypto projects miss in their bizdev, community, and team building strategy? (spoiler: vodka+borsch)
0/ Pre-story: I was born in Ukraine, my parents are from Vietnam and I'm working for US company remotely. So I am in three worlds simultaneously.
1/ I spend 40/40/20 of my time in CIS(RU+UA)/West/Asia crypto-bubbles respectively. From what I can say community in this geos is divided into 3 main categories: "we are in it for technology" (tech-driven), "we are in it for the bucks"(speculators), "we are in it for both".
π
Jul 19, 2020 β’ 6 tweets β’ 5 min read
Current mUSD APY is so high (100%+) it actually doesn't fit in the current chart on @mstable_ website.
Why is it so big? How that's possible?
In short: people who stake mUSD now are receiving rewards from people who don't stake their mUSD. And there are currently a lot of them.
Only stacked mUSD are eligible for yield generated in @compoundfinance and @AaveAave . And currently, people who have mUSD face dilemma: 1) They can earn big APY by stacking mUSD 2) They can earn by providing liquidity to @BalancerLabs pools