Ethereum

ethena labs:

- let’s create a delta-neutral yielding stablecoins, backed by staked ETH (4%) + short ETH future for funding rates (7.81% mean rate per year historically)

brilliant or completely crazy or both 

i like it

The Travis Kelce of Web3 marketing. Shitposts from the frontier of Ethereum. DAOs, MEV, oracles, memes. Marketing @UMA.

I still need to dig into Ethena but nothing will convince me that delta neutral positions are actually viable.

Author of The Story of Money: The Journey From Shells and Shekels to Bills and Bitcoin | Finance @eco

good one

too late for me

my mantra is ape first, think later

We need a name for things I’m rooting for but personally won’t touch.