
TradFi & Web3 | CFA | Co-Founder @amforcag | Ex. Polimec Founder | Ex. Head Crypto Solutions @BitcoinSuisseAG | Scaling Digital Asset Ventures
Switzerland
Joined November 2017
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NEW: TRADER JADOODOO CELEBRATES AFTER LOCKING IN ~$40K P&L LONGING $NEAR DURING @joinfrontier PERPS TRADING COMPETITION SEMIFINAL IN SOUTH KOREA
Luca retweeted
tfw price is down 50% and unlocks haven't even started
$SPCX - SPACEX FACES LOCK-UP SELLING PRESSURE
SpaceX shares are under pressure as insider lock-up expirations begin on August 6.
Around 20–30% of locked shares will become eligible for sale initially, with staggered unlocks lifting tradable shares to roughly 40% by December 2026.
The stock has already fallen below its IPO price, while investors await its first earnings report after Tuesday's close.
Luca retweeted
Replying to @WatcherGuru
"that's a nice bull market in stocks you got there, would be a shame if..."
24/5 - good life weekends incoming
Replying to @WuBlockchain
Binance disclosed additional details of its new U.S. stock trading service, including 24/5 trading, zero commissions, and a minimum platform fee of $0.35 per order, or 10 bps for orders above $350. The exchange also stated that its upcoming bStocks product will represent financial instruments rather than direct ownership of the underlying shares. teapaw.org/binance/status/2061388…
Luca retweeted
"so you staked your ETH on the Ethereum blockchain to earn yield?"
"yes, Dave"
"except you didn't want your capital to be locked up so you actually staked it with a liquid staking protocol called Lido?"
"that's correct, Dave"
"and Lido gave you a liquid staking receipt token called stETH in return?"
"yes, Dave"
"and then you didn't think that was enough, so you juiced the yield even further by depositing your stETH receipt tokens into a restaking protocol called Eigenlayer?"
"you are correct, Dave"
"and now you didn't want to lock up your capital, so you actually restaked with a liquid restaking protocol called KelpDAO who provided you with a liquid restaking receipt token called rsETH?"
"you got it, Dave"
"and then that was surely not enough juice, so you then deposited your rsETH tokens into a lending protocol called AAVE so that you could open a leveraged looping position that borrows ETH against the rsETH collateral and restakes the ETH into rsETH which is then deposited as collateral, except it turns out rsETH used a cross-chain bridge called LayerZero whose security is held together by a 1/1 toothpick, which was obviously hacked by north koreans causing rsETH to become undercollateralized and now these looping positions are stuck and unprofitable, and everyone is pointing fingers at each other, and also DeFi is a very serious industry"
"you are 100% correct, dave"
jfc.
Luca retweeted
the benchmark game has entered its IPO era





























