dcfgod
0 Following
0 Followers
0 Liked
0 Shared
Posts
Videos
We're about to lead a round for the first time... really excited for this one
dcf cap is growing up 🥲
dcf cap is growing up 🥲
I don’t think the takeaway from plasma success is “ICOs are so back”
It’s more
- there’s tons of demand for tether adjacent products as we’ve never been able to buy into them and circle is trading at over $20b cap
- its hard to find good stable yields on size that last more than a few weeks. Assuming 2bn deposits and 2bn fdv on plasma this works out to 30% apr!
- exploit risk is extremely low as the deposits go into a veda vault which goes into aave (i think). Other options this safe pay like 6-10% apr.
- The people want to buy good projects at good valuations. Plasma is rightfully hyped and has the space excited. They could’ve raised a vc round at 1b+ but instead went with an open and fair model at cheaper. ICO mania was because they could sell tokens to the public for higher caps than the vcs.
Note: dcf cap seeded plasma and veda
It’s more
- there’s tons of demand for tether adjacent products as we’ve never been able to buy into them and circle is trading at over $20b cap
- its hard to find good stable yields on size that last more than a few weeks. Assuming 2bn deposits and 2bn fdv on plasma this works out to 30% apr!
- exploit risk is extremely low as the deposits go into a veda vault which goes into aave (i think). Other options this safe pay like 6-10% apr.
- The people want to buy good projects at good valuations. Plasma is rightfully hyped and has the space excited. They could’ve raised a vc round at 1b+ but instead went with an open and fair model at cheaper. ICO mania was because they could sell tokens to the public for higher caps than the vcs.
Note: dcf cap seeded plasma and veda
Circle at 25b
2 weeks ago ct was screaming 4b was overvalued and it’s worthless because all the revenue goes to coinbase and binance
Maybe more defi apps should be going ipo instead of ico, seems tradfi is more willing to bid our stuff than we are
2 weeks ago ct was screaming 4b was overvalued and it’s worthless because all the revenue goes to coinbase and binance
Maybe more defi apps should be going ipo instead of ico, seems tradfi is more willing to bid our stuff than we are
mkr holders make sure you upgrade to sky and stake
they just started paying out stables as rewards, currently ~17% apr
they just started paying out stables as rewards, currently ~17% apr
Hyperliquid previously rewarded users for being users and not industrial farmers (nerfd sybils, huge points to purr, etc.)
The team likely knows we're all prefarming this "season 2" by doing anything we can on the evm
In this case... is it worth making the points distribution a surprise?
I still wonder if its even worth doing a s2 at all? Seems to be growing / doing well without it
Why not just give the apps a chunk of hype and let them emit to their users / sort out growth? They have billions in hype to spend, being focused and slow with it would make sense
The team likely knows we're all prefarming this "season 2" by doing anything we can on the evm
In this case... is it worth making the points distribution a surprise?
I still wonder if its even worth doing a s2 at all? Seems to be growing / doing well without it
Why not just give the apps a chunk of hype and let them emit to their users / sort out growth? They have billions in hype to spend, being focused and slow with it would make sense
Some notes on @CabalVIP / @initia vip bribes as the product starts to roll out
- The timing is good as previously to unstake enshrined liq there was a 20d period with no yields... but because the initia team is changing reward rates they're paying yields during the unstake... so theres no 0 yield period to migrate into cabal
- Depositing Init is not a lock, its a convert, so if you want to get out its only by the AMM price. Because of our ptsd with cvxCRV we'll probably be depositing usdc/init LP because that's just staking
- Deposits should get the same yields as enshrined liq + bribes so it seems like a no brainer for LPs unless they want to negotiate their own bribes or vote based on vibes
- Cabal takes 6% of staking yields + 10% of bribes as fees
note: dcf cap seeded cabal and initia
- The timing is good as previously to unstake enshrined liq there was a 20d period with no yields... but because the initia team is changing reward rates they're paying yields during the unstake... so theres no 0 yield period to migrate into cabal
- Depositing Init is not a lock, its a convert, so if you want to get out its only by the AMM price. Because of our ptsd with cvxCRV we'll probably be depositing usdc/init LP because that's just staking
- Deposits should get the same yields as enshrined liq + bribes so it seems like a no brainer for LPs unless they want to negotiate their own bribes or vote based on vibes
- Cabal takes 6% of staking yields + 10% of bribes as fees
note: dcf cap seeded cabal and initia
Another thing @berachain inherited from ohm that most don't realize is the "time in > timing" concept
Chart looks like we're down bad... but remember how we had to account for rebases?
In bera land products like oriBGT are farming 400-500% APR in more bgt
So if the bera price is down 20% this month... does it matter if I farmed 40% more tokens this month?
note: dcf cap holds oriBGT and seeded berachain
Chart looks like we're down bad... but remember how we had to account for rebases?
In bera land products like oriBGT are farming 400-500% APR in more bgt
So if the bera price is down 20% this month... does it matter if I farmed 40% more tokens this month?
note: dcf cap holds oriBGT and seeded berachain
wasn't the timeline saying this should be a 0 because coinbase gets so many fees?
they call this parabolic growth
note: dcf cap seeded @ether_fi
note: dcf cap seeded @ether_fi
Login to explore more contents