Sovereign Origin 🥕/21M ⚡️ Profile picture
#Bitcoin⚡️💻 node runner #NOSTR 🧡 Opinion, not financial advice.
Jun 26, 2023 9 tweets 2 min read
The fractional reserve banking system means inflation, financial instability, and unpredictable value of money.
The free banking gold-standard system, in contrast, offered stable value, lower inflation, and responsible fiscal policy, while being inelastic.
Can #bitcoin fix that? Let's compare @SovrynBTC Zero Protocol with the historical free banking era based on a gold standard.
How do they stack up? 🤔

h/t @SovrynDollar @rootstock_io @babelfishmoney
Mar 17, 2023 10 tweets 8 min read
Dear #SuperHodl plebs: important update going forward on the algorithm experiment I'd like to share 🧵

Context: $DLLR is now live! It gives Zero users an option to buy #bitcoin directly, like we did as part of the original #SuperHodl algorithm. ⤵️ As introduced earlier, #StableHodl is a new version that leverages the stability pool as a place to hold our reserves (as we have been doing with #SuperHodl, too, since the @babelfishmoney did not allow further ZUSD in their pool).⤵️
Mar 15, 2023 5 tweets 4 min read
#SuperHodl Says: No Change! for Mar 15

One bank down, ...


while BYOB (be your own bank) becomes a reality just tomorrow. Mint your future with Zero and @SovrynDollar on @SovrynBTC Image EU is such a fun place to leave. I mean, live. I mean....

Sep 21, 2022 8 tweets 4 min read
Some clarification w.r.t. #SuperHodl based on comments I've seen recently from the fam.

Short thread. Zero Protocol is not the same as #SuperHodl:

Zero Protocol is a @RSKsmart smart contract that you can interface through @SovrynBTC's #DeFi platform.
It mints $ tokens (ZUSD) against your #bitcoin, and you are the counterparty. Therefore, 0% interest, no payback term.
Sep 21, 2022 4 tweets 5 min read
I mean - it's not great. But not the mayhem it could have been after #FOMC and #Russia announcements... #bitcoin is "hanging in there".

So is our Zero loan from @SovrynBTC:
#SuperHodl Says: No Change! for 21 Sept.

Mayor oof territory though. Got powder? Congrats to @TheArtOfTomas for winning the #SovrynCake meme comp!
Legend 🤸
Sep 20, 2022 8 tweets 5 min read
As you know we are long-term bullish. But this FOMC & Russia announcements are making macro look bleak in the coming day(s). Did #bitcoin price it in with today's -3%?

#SuperHodl Says: No Change! for 20 Sept.
Make it go to Zero @SovrynBTC!

👇🧵 Image As a general courtesy, please keep an eye out for your Zero loan since we are manually keeping track of CR to update our loan if needed.
If a strong (flash) dip occurs, realize that our current liquidation price (without yet paying back anything) is around $10,750.-
ctd.
Jul 30, 2022 9 tweets 4 min read
Zero loan protocol from @SovrynBTC is about as mind-boggling as #bitcoin itself🤯

A short thread with some... Philosophy? Let me know if you agree with these concepts & RT to spread the word.
🧵 To start, I love the freedom of it all.👑
You loan from yourself, mint some coins for yourself, have to pay back to yourself, and lock up your own collateral, for you. 🫵
Truly you are "Your Own Bank" as intended by #bitcoin. 🦾
Jul 29, 2022 4 tweets 3 min read
#SuperHodl Day # 11 on Zero @SovrynBTC
Boring sideway price action.

#SuperHodl Says: No Change !

Anybody still intoxicated from that buy yesterday?

Realize these are "free sats" coming out of #bitcoin's price increase only. Stack while having a big cushion on the reserve. I will look into adding the effective liquidation price as well (incl. reserve) & wanted to get the "No-Trade" signal out there already.

Tagging @Keinor @StackingSaunter @cabincryptoguy
Happy #HODL!
Jul 28, 2022 6 tweets 3 min read
#SuperHodl is in buy mode for the first time! Use your #bitcoin in a managed collateralized 0% loan from @SovrynBTC.

Please see the dash for actions to take. Let me know if I can help clarify any steps / numbers / graphics.

See below for some notes. Image It took me some time to update all this and execute myself. The price is moving all the time, so the numbers may already be out of date.

The most important is to obtain the # of ZUSD from Zero that gives you a collateral ratio of 250%.
Jul 22, 2022 5 tweets 4 min read
Another rather eventless day for #SuperHodl early adopters🙌 #Bitcoin price action is nicely sideways.

Second day, SuperHodl says: No Change !

Tagging @Keinor @StackingSaunter (did you start yet 😋)

#HODL on ! For people looking to learn more about Zero, please check out wiki.sovryn.app/en/sovryn-dapp…
Jul 20, 2022 23 tweets 9 min read
Alert! Starting the #SuperHodl trial on @SovrynBTC for those with access to Zero!
Want to join the trial of #SuperHodl by manually doing all the work? You'll see it takes some clicks. Every day. But then, you may see how it works and appreciate it :)

A thread! Follow all steps in the thread below to start-up your line of credit, swap to XUSD, buy some #bitcoin and deposit XUSD to a lending pool for interest.
Jul 5, 2022 17 tweets 9 min read
Short mini-tutorial for those starting out with @SovrynBTC e.g. #DeFi on #bitcoin. Use your coins without KYC, lending pools, liquidity pools, spot, margin and limit trading, ... and of course #GetOnZero!

A short thread on my @RSKsmart onboarding experience. It may help you!🧵 First things first. You need a wallet that supports RSK!
Beyond @MetaMask, ..., I prefer a hardware wallet and happened to have a @Ledger.
It supports RSK /w the RSK app, which is not supported in Ledger Live. So you can connect to Sovryn and RSK, but won't see TXs. What to do?
Apr 23, 2022 5 tweets 3 min read
Short update on #SuperHodl, the automated savings algo based on Zero loans by @SovrynBTC. Still alive & still sim. only:
- data analysis: the algo vs price trajectories (#bitcoin & alts backtests, forecasting)
- algorithm improvements (liquidation likelihood vs mean gain)
🧵👇 #bitcoin is a good coin. Like, statistically and historically, it has performed very well on the algorithm.
We have now ran the algo on DOGE, BSV, MIOTA and XRP. The algorithm survives none of the pump 'n dump schemes that these coins represent.
No surprise here :-)
Feb 22, 2022 8 tweets 3 min read
I present the #SuperHodl automated savings protocol using #bitcoin on @SovrynBTC 0% BTC-collateralized loans, lending pool and spot market products (not released yet).

Collateral ratio can be showed safe against backtesting.

Multiply your BTC over time!

Tagging @EdanYago

🧵👇 Image Each data point here shows a different starting point in BTC's history, starting around 8 years ago and taking 50 steps in history incrementally, every time running a shorter and shorter period.

The blue line shows the BTC gains over that period.
Feb 20, 2022 7 tweets 4 min read
~3 months until ROI at current rates!

Shorting the ETH-BTC pair with @NiceHashMining, DCA into #bitcoin with a 6-GPU home #SolarPower setup.

The $BTC price has continued to evade my ROI price target, which decreases with increased revenues.

🧵with data👇 Image Cost basis, inc. all energy costs & #Solar.

Winter dip passed and energy-based price discounts are back up to ~50%.

Average discount on market price since May '21 has been ~60%, with an average cost basis of around 15,000.- EUR/BTC.

Wish you could buy #bitcoin at that price? Image