My most contrarian Farcaster opinion is being bullish onchain gaias

I will say, the issue with this trade is capital efficiency - even if you are high conviction that eg 2e floor is inevitable, you don’t know the timeline for the catalysts in the second cast, and your funds probably could be put to work in better places in the meantime

So if you are holding you’re mostly just hoping the ETH-basis floor holds and in that case it’s kinda similar to just holding raw ETH.

Insightful perspective on capital efficiency