Orkun | parabol.fi pfp

Orkun | parabol.fi

@orkun

70 Following
39 Followers
Orkun | parabol.fi pfp
Orkun | parabol.fi
@orkun
Here are my thoughts on the question: TLDR; Will stablecoins become the Largest holder of USTs? I doubt it! Will they be a significant player? Abso-frigging-lutely. Full analysis: https://docs.google.com/document/d/1tnylGbQQVnijUoiPtKH2KR-3SxRmXi-5tNnjvKTNIcI/edit?usp=sharing cc @parabol @emre /parabol
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emre pfp
emre
@emre
Today, I'm very excited to reveal @parabol to the world! As heavy users of stablecoins and coming from a country with capital control, we set out to tackle one of the toughest problems in the world of crypto: A regulatory compliant, universally accessible, permissionless stablecoin protocol with superior yields
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Orkun | parabol.fi pfp
Orkun | parabol.fi
@orkun
Down 40 up 50 means still 10% below. Will check level data as opposed to yoy changes
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Orkun | parabol.fi pfp
Orkun | parabol.fi
@orkun
You should not look at 20yr demand purely from the asset side. Usually LT buyers have matching liabilities (eg pensions) so they benefit from higher yields that reduce the present value of their liabilities.
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Orkun | parabol.fi pfp
Orkun | parabol.fi
@orkun
Yes but more interesting question is which central banks are the buyers
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Orkun | parabol.fi pfp
Orkun | parabol.fi
@orkun
This is driven by the basis trade
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Orkun | parabol.fi pfp
Orkun | parabol.fi
@orkun
Thats a fab idea. But as a founder, beyond exposure via interviews where the pressure is to show you are doing great I would prefer talking around a specific pain point faced with the aim to unblock it
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Orkun | parabol.fi pfp
Orkun | parabol.fi
@orkun
Have these guys seen pink sheets? Absolute hypocrisy. They basically do not want alternative institutions emerging.
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Orkun | parabol.fi pfp
Orkun | parabol.fi
@orkun
To me it looks like the growth has slowed down considerably. Any thoughts on why traction may be slowing down?
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Orkun | parabol.fi pfp
Orkun | parabol.fi
@orkun
You can fake the latter two. The first is much harder to do so
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Orkun | parabol.fi pfp
Orkun | parabol.fi
@orkun
Don’t underestimate determination either. Most of the time you just have to persevere and stay the course. It’s not always the first, smartest or the shiniest that wins the prize.
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Orkun | parabol.fi pfp
Orkun | parabol.fi
@orkun
Can’t believe Alvin and the Chipmunks is not on the list 😂
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emre pfp
emre
@emre
happy @a16zcrypto application deadline day to those who celebrate 🫡
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Cameron Armstrong pfp
Cameron Armstrong
@cameron
Biggest thing for Farcaster rn is to get people on the cusp of greatness to the next level for fuckin real real There’s incredible developers, sales folks, visionaries, etc that aren’t getting taken as seriously as they could be If we had 5 asymmetric success stories, this app’s place in history would be sealed
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Orkun | parabol.fi pfp
Orkun | parabol.fi
@orkun
This is a no brainer
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emre pfp
emre
@emre
1. Parabol Finance 2. https://parabol.fi/ 3. Angel backed 4. @orkun
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emre pfp
emre
@emre
The Exorbitant Privilege of Stablecoins is our first essay delving into the challenges and risks associated with stablecoins, including the principal-agent problem and the lack of an embedded risk-free benchmark: https://parabol.substack.com/p/the-exorbitant-privilege-of-stablecoins
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Orkun | parabol.fi pfp
Orkun | parabol.fi
@orkun
It is incredible how the stock turned around from the metaverse pivot
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