onthebrink

Founding Partner @ Castle Island Ventures; co-host of On The Brink w/ Castle Island; previously @Fidelity

@mattwalshinbos In the roundup, can you all comment on the demand-side implications that Ethena has on ETH?  Most talk is about the security and supply-side economics of Ethena and that feels fine. But, doesn't more USDe -> lower funding rate -> more consumed leverage -> higher potential for cascading liquidations?

Exploring. Finding my inner degen. Working on my left curve thinking…