AlfaFrens

Alfafrens - The Great Deleveraging

I just published this post covering my views on the most recent and current events of /alfafrens

This is a long post, but a complete one. I am ultimately bullish on @alfafrens and hope this post provides insight into why subscriptions are declining and provides a longer-term view.

Social subscriptions app that helps content creators connect with their fans and get paid every second. Powered by @superfluid. 🫂

https://alfafrens.com/info

Crypto / NFTs since 2017
Web3 Investor / Finance / Macro 
Underground / Meta Blazers
https://www.alfafrens.com/channel/0x2c1aff8df829e4b663f5025c485dfa8e845d15e

This analysis doesn’t make any sense to what is going on with alfafriends. 

I suspect all of these liquidations (or a large portion of them) are planned and intentional. It’s an easy way to shed hundreds of poor performing accounts without having to manually unsubscribe and pay gas or have any financial penalties

I am a maker. I communicate through photos. Also do metal casting, 3d prints,
AI, robotics and mashups of all of these things.
http://tmophoto.com


It’s to mine Alfa and not pay transaction fees to get out of subscriptions.   How much do you think it would cost to unsubscribe from 1200-1500 accounts?  It’s simple math.  There is no downside to getting liquidated.  You keep all your Alfa.   Your analysis does not make sense.  It seems like a chat gpt essay

When you get liquidated in a financial market you lose everything.  When you “wrote” that the chat gpt didn’t understand that burning degen for Alfa is a completely Safe bet and you literally can’t lose it even when getting “liquidated”

Zoom out. Why are they decisioning to self liquidate on purpose? Because everyone was over leveraged. Strategic defaults are still defaults. Probably even more telling in some cases of the current state of things.