hold $CONDO, earn $ONDO. @LandlordBenBot CA: 6c1yyJi2uy5kQ1CWcECMFPHp2SspfH1rxDr1Ecnjy9G

Joined November 2021
What's wrong babe? You haven't touched your Ondo spaghetti
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Ondo has >$1B TVL in tokenized stocks alone Looking at Securitize's new stocks, looks like they have ~$600k and ~100 holders. Hundreds?
Ondo's tokenized assets, worth $4.02B, are held by 555,157 addresses. Securitize, the platform behind BlackRock's BUIDL, holds $4.34B across 1,459 holders, so Ondo has more than 380 times as many. @Ondo
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Extreme Alpha in the wild
On Friday, I'm starting a live experiment: $50,000 in a basis trade on @OndoPerps. Every position, every funding payment, every mistake: all public. In my previous posts on this matter, I've explained the concept: you'll buy the tokenized stock at ONDO, short the same amount via the perp, and collect funding while price direction becomes irrelevant. With these posts, I'd like to showcase how easy it is to do this as a regular investor, as this strategy is very common within Wall Street and other big firms. Here's the plan. The Setup I'm deploying $50,000 of capital on @OndoPerps over the coming weeks. Every position is the same structure: → Long the tokenized stock (for example NVDAon), use this as collateral → Short the same size on the perpetual future → Net delta exposure to the markets: zero If the stock moves up or down, it doesn't really matter as I'm genuinely only hunting the funding rate. The Rules 1. I'm not taking directional bets. If I can't hedge it 1:1, I'm not willing to take it. 2. Only assets with enough liquidity (the biggest risk is a liquidity wick that takes out your position). 3. I rotate towards assets with the most consistent funding, so I don't have additional risks of slippages and other fees. 4. Leverage stays low, especially since I'm looking to just spot buy the tokenized stock, there's no reason to loop this. The Risks → Funding can flip negative. When more traders are short than long, you pay instead of collect. → The spot token and the perp price can drift apart temporarily, especially around earnings or market open. This does happen during weekend times too, and that's also when funding rates go up or down heavily. → Fees and spreads eat into returns. A 10% gross yield isn't a 10% net yield. → Platform and smart contract risk. You're trading on-chain, so that comes with the territory. I don't think there's any risk with ONDO, but still, it needs to be mentioned. What I'll show you Regular updates with: → Which positions I'm in and why I've decided to take those. → The funding I've collected and the annualized returns. → The fees I've paid. → The net annualized return in percentage and actual dollars. I'm really looking forward to this, as one of my primary goals isn't to be directionally long on #Crypto for an extensive period of time. Much rather, I'd want to be looking into consistent returns after this cycle and this is the first step towards that level.
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As we all know, trading volume is one of the easiest metrics to game. The real test of product-market fit is whether an asset delivers enough utility and value that people actually want to hold it, not just trade it. That's why TVL matters. @Ondo has $1.34B vs. Backpack's $35M. Sustainable adoption > headline trading volume.
Backpack did ~6x Ondo's onchain stock volume in September on a fraction of the supply. Supply isn't demand.
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Condo retweeted
this isn't about notifs, but: the $5m requirement for token verification below that you're unverified, so you don't show up in search typing "condo" doesn't find $CONDO, people need the ca for real builders that threshold is unrealistic, and it locks us out of the exact audience fomo has could there be another path to verification (active team, shipped product, track record)?
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Condo retweeted
Trading stocks on Solana on a Sunday
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Condo retweeted
Tokenization on Solana is accelerating.
Just in: @Ondo has surpassed $500 million in tokenized real-world assets on Solana.
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Condo retweeted
more and more market participants are starting to connect the dots the one narrative you should never lose sight of is tokenization the world you grew up in, and the world your parents lived in, was built around traditional financial markets stocks, bonds, debt, corporations, investment funds, entire economies that’s where capital has lived for generations now imagine that same financial system moving onchain not some new speculative market invented by crypto; the actual financial markets that have shaped the world for decades. that’s the scale of what’s happening and across chains, we genuinely believe Ondo is executing on this opportunity better than anyone else don’t lose sight of the bigger picture. ethereum:0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3
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Replying to @CONDOonSol
All we do at the engineering standups is shape rotate in our heads
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🏢 RENT RECEIVED Landlord Ben just collected 14.94 ONDO from the $CONDO Value: $6.86 Lifetime rent: 2,037.52 ONDO ($935.22) 1 ONDO = 1 CONDO
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🏢 RENT RECEIVED Landlord Ben just collected 15.77 ONDO from the $CONDO Value: $6.98 Lifetime rent: 2,022.58 ONDO ($895.80) 1 ONDO = 1 CONDO
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市场暴跌?量子+CPI+Papertrade简介 xitter.cf/i/broadcasts/1dGYlayDr…
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Condo retweeted
ondo really put the entire AI stack in one building 🏢
36 names powering AI. One ticker: BRAINon.
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Condo retweeted
landlord ben just crossed 2,000 $ONDO in lifetime rent one floor at a time.
🏢 RENT RECEIVED Landlord Ben just collected 14.83 ONDO from the $CONDO Value: $6.87 Lifetime rent: 2,006.81 ONDO ($930.16) 1 ONDO = 1 CONDO
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Condo retweeted
one floor at a time… then all at once.
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🏢 RENT RECEIVED Landlord Ben just collected 13.85 ONDO from the $CONDO Value: $6.78 Lifetime rent: 1,876.59 ONDO ($918.40) 1 ONDO = 1 CONDO
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🏢 RENT RECEIVED Landlord Ben just collected 29.03 ONDO from the $CONDO Value: $14.32 Lifetime rent: 1,849.68 ONDO ($912.63) 1 ONDO = 1 CONDO
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🏢 RENT RECEIVED Landlord Ben just collected 53.59 ONDO from the $CONDO Value: $25.19 Lifetime rent: 1,820.65 ONDO ($855.71) 1 ONDO = 1 CONDO
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Condo retweeted
me knowing $CONDO is destined to become the cultural layer of onchain tokenization on sol
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🏢 RENT RECEIVED Landlord Ben just collected 16.87 ONDO from the $CONDO Value: $8.05 Lifetime rent: 1,620.06 ONDO ($772.61) 1 ONDO = 1 CONDO
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