Ignas | DeFi

@ignas

179 Following

1820 Followers

Ignas | DeFi pfp

The tariff that made me lol

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So Lens, might say Farcaster's only competitor, migrated to zkSync Farcaster launched Snapchain. I wonder who are smart enough to compare the two strategies? @dwr.eth @ted @v very curious to see your insight on their approach.

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Why tariffs should be bad for crypto? Doesn’t matter. We can still pump if we want.

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Some things I am excited about in crypto. Shared it on X (Sorry) https://x.com/DefiIgnas/status/1907380993423761440

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just tipped my favorite farcasters! thank you @petar @pelasti @woj.eth @v @aghahowa.eth @peth @csmit @dwr.eth @especulacion @doggfather @moo @philipliao.eth @fantomas7x @osazzzz @chainyoda @ted for being here :)

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Larry Fink's annual chairman letter is super bullish on crypto. For this privilege you need to check my thread on X: https://x.com/DefiIgnas/status/1906735053604028671

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Valuing L1s based only on fees is shortsighted. If that was the case, $TRX should trade higher than $ETH. But it's not. Decentralization (meaning security), dev activity, TVL, ecosystem maturity, tokenomics... all these factors matter. Opinions that ETH is dumping because fees are dropping as activity shifts to L2s are getting louder. Standard Chartered cut ETH price forecast from $10k to $4k because fees were outsourced to L2s. Sure, fees matter, but if they were the only factor, BTC would trade lower than ETH. But it's not. For some, ETH is money as pristine and yield-bearing collateral in DeFi (like Maker and Ethena). For others. ETH serves as a store of value differently from BTC. While BTC hedges against macro instability and money printing, ETH is a store of value in the digital economy. A stable macro environment and fiscal prudence risk BTC but not ETH.

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Honest question: Why are you still holding $ETH? What’s your reasoning for being bullish.

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How many time does one need to be wrong to stop being taken seriously. Take the Capo post. What am I supposed to learn from this? That if BTC goes down, it invalidates his bull trap idea? And if it goes up, I should sell? He just gives both scenarios so he can be right in any case. Totally useless insight here. What is this based on? Just chart? No macro insight, no structural BTC dynamics. Just TA like horoscope. Useless.

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‘ Generate image of this penguin into a real person’

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I just voted "For" on "Re-endorsement of wstETH on Starknet" https://snapshot.box/#/s:lido-snapshot.eth/proposal/0xf752b2dbc9cf8693abf01b29938d7f7e0dd7e1ebe088583fd61da7641b870a36

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Is Warpcast somehow getting slow? Got even logged out on browser

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New Blog Post: Top 5 Hot Projects and Their Upcoming TGEs Spoiler alert: one is Snapchain by Farcaster. https://www.ignasdefi.com/p/top-5-hot-projects-and-their-upcoming

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What a crazy headline: The head of the UK financial watchdog said too many young people invest in crypto assets such as Bitcoin instead of equities or bonds, flagging this as an example of the problems its new strategy is designed to tackle. FCA estimated 12% of UK adults owned crypto assets, equivalent to about 7mn people

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This week I’m researching top 8 crypto protocols and sharing on my blog!

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What are the top insightful blogs on AI? New developments, companies, tools etc.

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Frames? mini Apps? nah fApp has a memetic ring to it

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Thank you Farcaster and $DEGEN

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I don't want to FOMO you too much but... Snapchain mainnet with all hubs etc live in less than a month!

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I love Farcaster but my followers stopped growing :( Hard to start from 0, especially for those who have presence on X or elsewhere. But it offers opportunity for new faces to outshine the old X accounts

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