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Joined July 2010
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This is a poor risk management decision by @jasonlk This is an assymetric trade where on the upside (ie by leaving your funds) you get some extra yield + a relationship in the long run but on the downside you can lose millions
This quoted post is unavailable.
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I have been in a similar situation in the past and didn't make the right decision quickly so I can definitely relate to @jasonlk but having been on the wrong side of that trade in the past, it's clear to me what to do in this situation
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I agree 100% with @EconomPic in this tweet teapaw.org/EconomPic/status/16341… where ideally you'd say you are staying in (to limit bank run potential) but you actually pull your funds out maybe that's what @jasonlk did but he seems like a straight up guy (tbf he's also smart so who knows)
IMO… optimal move from an investor standpoint is to tell everyone there is no bank run… while you pull every last cent out of that bank blog.iese.edu/xvives/files/2…
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I've enjoyed being a rotating guest on @Alluo's Future Of Finance Spaces Series. In our recent episode, we discussed #crypto's growth trajectory, challenges, and unique opportunities:
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0xec.eth retweeted
Layer 2 scaling solutions are currently either centralized or flawed. But not for long. A complete guide to the roadmaps of the top Ethereum scaling solutions👇
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0xec.eth retweeted
⏰ !This Friday! ⏰ @JackNiewold is back for the🎙Future of Finance Spaces Series🎙 This week he joins @bluecollarchain, @0x_preacher, @0xtuytuy & @0xeceth for: 😣 DeFi Dilemma 😣 🤩 🗓10th Feb ⏰3PM UTC . Set reminder ser👇 teapaw.org/i/spaces/1OyKAVOjRqyGb
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0xec.eth retweeted
This week I sat down with @0xtuytuy to discuss @AlluoApp. In this episode we discussed DAO management, building financial tools for a global audience and the inner workings of the DAO I want to thank @ricochetxchange for sponsoring the podcast. open.spotify.com/episode/7zE…
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CurveWars - #Frax Strikes Back🚀 Enter the world of the $ALLUO team, where $CRV's biggest brain, @JackNiewold , breaks down the latest in the #CurveWars. With insights and golden nuggets, Jack shares his vision for leaving a lasting impact in the crypto space. [A Thread🧵]
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🚨30 minutes left until we're live w/ @JackNiewold🚨 #Frax Strikes Back in Ep3 of our Future Of Finance Spaces Series🎙 Remember all attendees will get a PAOP 🤩 *DM us after the spaces teapaw.org/i/spaces/1DXxyvLeAkkKM
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🎙The force is strong in #CurveWars as the #Frax Strikes Back in Ep3 of our Future Of Finance Spaces Series🎙 Join us this Friday at 3PM UTC as @JackNiewold weighs in on the constant debate of who's winning. Don't miss it! Set your reminder now👇 teapaw.org/i/spaces/1DXxyvLeAkkKM
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0xec.eth retweeted
This just in! 🗞 @LayerZero_Labs live on Celo mainnet, connecting the Celo ecosystem to LayerZero’s 13+ EVM blockchains and other non-EVM blockchains. 🧵⬇️
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0xec.eth retweeted
📢 @CurveFinance, in partnership with @StakeDAOHQ and @StakeCapital, has just deployed on Celo, promoting real-world adoption of crypto assets. Why it matters: 🧵⬇️
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Really excited to see Convex move beyond mainnet; enabling more people to enjoy the protocol thanks to lower fees 🚀 In the meantime you can already earn 40%+ in our CVX/ETH boosted (paid in CVX/ETH!) with super-low fees. 🔥
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Very fun game making the Kelly criterion come to life 🎲🎲
Replying to @breakingthemark
Try it for yourself here- quickly realize why never go beyond full Kelly! explore.paulbutler.org/bet/
An interesting thread on the recent events from a probabilistic/quantitative risk management point of view
Two years ago SBF wrote a thread on bet size and Kelly betting. I questioned him on it. He engaged with me. Let’s take a look at this thread and SBF’s views on bet sizing in light of the events with FTX and Alameda this week.
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