I am not shilling most of our liquid positions on twatter anymore but happy to experiment with it here

In next few weeks I will be posting the thesis, accumulation price range and position management for some of our more contrarian / under radar positions at sigilfund.com, I will pepper it with occasional degen bet

Stride.zone

Accumulation: 10-24 Jan, 2.9 - 3.7 USD 

Thesis: Dominant LST in cosmos eco (enabling stTIA, stATOM, stOSMO...)

At around 300M val it's relatively most undervalued proxy bet on the upside of Cosmos / Celestia ecosystem with capable crypto native team (confirmed on the call) and clear value capture

LSTs are one of the most straightforward crypto native business models (Lido is top1 non-L1 on-chain revenue earner according to tokenterminal).

joker of all trades
https://twitter.com/Fiskantes 
sigilfund.com
zeeprime.capital


Stride is poised to capture majority of this growing market: 
- first to market (+ first to coin LST term)
- dominant market share (90%+)
- ideologically and business aligned with the eco (shared security with Cosmos, LPs on Osmosis, proposal for TIA:

Stride is poised to capture majority of this growing market: 
- first to market (+ first to coin LST term)
- dominant market share (90%+)
- ideologically and business aligned with the eco (shared security with Cosmos, LPs on Osmosis, proposal for TIA: https://forum.celestia.org/t/liquid-staking-tia-with-stride/1108

Thesis invalidation:

- modular / cosmos eco will not gain sufficient adoption in next 24 months
- a competitor will capture the market (milkTIA is first LST for TIA, but is currently just a multisig)

Cosmos eco is well suited for liquid staking derivatives given the staking unlocks (usually 14-21 days) and variety of projects with their own validator sets