Dog and Tech Enjoyer BizDev @trycodex 🔰 @definedFi
Joined October 2014
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Defined has really come a long way in the last 6 months.
There is 0 reason anyone should be using dexscreener this cycle.
If you haven't tried it recently, I really urge you to give it a shot: defined.fi/?ref=DDI4Y
HyperLiquid is finance in the Cloud.
AWS of finance.
Infinity scalable global finance with only the best parts of crypto.
Oh and btw the US is incentivized to push this agenda because $1 in stable coins = $1~ in treasury purchases.
Where this does not hold true with bank deposits. Due to fractionalized lending & middle man fees etc.
Let the spice flow to the people.
Pretty bullish crypto as a whole because of this:
What if all, or a healthy % of chains & projects convert to using the yield from their TVL to do buy backs or distribute to its users.
Ultimately this starts to feed outside money ( from T-bills ) into the crypto economy.
This also scales with rates as they move up ( which I think they do over the next 10+ years ). $HYPE is obviously the best example of this but what if some other juggernauts on $ETH started doing this. What if just ETH the chain starts doing this.
Stablecoins grow x100 + this and we could get some serious money just getting dripped into the “on-chain economy”.
DeFiDog retweeted
Generally, when everyone is certain an event is going to happen; the opposite does.
Green Monday.
Black Monday?
Boys, you’re making me bullish with your delusional call outs.
When has calling for BM ever produced a black Monday?
Pretty bullish crypto as a whole because of this:
What if all, or a healthy % of chains & projects convert to using the yield from their TVL to do buy backs or distribute to its users.
Ultimately this starts to feed outside money ( from T-bills ) into the crypto economy.
This also scales with rates as they move up ( which I think they do over the next 10+ years ). $HYPE is obviously the best example of this but what if some other juggernauts on $ETH started doing this. What if just ETH the chain starts doing this.
Stablecoins grow x100 + this and we could get some serious money just getting dripped into the “on-chain economy”.
Looks like rent’s due. Arbitrum is canceling its lease with Circle.
~$3.8B in stablecoins sits on Arbitrum, ~60% USDC, and the chain earns zero from the reserves.
With USDG, it gets a share of the yield through the Global Dollar Network.
Now they’re paying apps to switch:
• Apps with $1M+ in stablecoins that make USDG their primary dollar get performance-based incentives
• 2M ARB prize pool, 200K ARB each for the first 10 teams to hit $10M USDG TVL
• Bigger proposal to push USDG to 15-20% of Arbitrum’s stablecoin float (vote starts Oct 29)
Robinhood did the same, but more easily, by launching its L2 USDG-first. Now there's already ~$700M USDG on the chain.
Arbitrum has the harder job now, moving liquidity away from sticky USDC, where most of its big protocols are already deeply integrated.
Smart move tho. If it works, more chains will either switch like Arbitrum or make Circle share as Hyperliquid did.
DeFiDog retweeted
"max pain is straight up from here"
No max pain is going to zero in a single candle and we all go broke.
Wow what a shame.
I feel like we’ve cleaned out most of those scrubs from previous cycle.
Higher now
Honestly, while you’re traveling just drink x5 more electrolytes than you think you should.
Absolute hack