update:

1. somebody gave me the loan, 2500 USDC backed by $degen
2. i bought $TYBG with it
3. now i'm long both degen and tybg

base eco keeps winning, Thank You Based God

a permissionless, composable onchain economy is a pretty powerful thing

@base builder #001; onchain cities w/ OAK & city3

memes are fun, but loans backed by meme coins to buy meme coins is exactly the kind of thing that results in regulatory backlash

financial leverage has consequences

large financial leverage has large consequences, mostly bad