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lemiscate
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If Circle FDV is above NAV, what is
Aave
's fair value?
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AAVE
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Write that down and frame it for the generations to come: "When an ecosystem spins out a second token, the combined market cap of the two will eventually drop below that of the original token."
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Jeremy sold 1,582,160 CRCL shares at $30 each, cashing out $47.5m. At today’s $240, those shares are worth $380m. Tokenized on Aave, he could have kept every share, posted it as collateral, and borrowed $250m in a single transaction. Just Use Aave.
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Interesting stuff was recently merged into the Aave AIP repo.
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Except for @TheBlock__ it feels like every crypto outlet has become pay to play slop. With Kaito’s noise added, finding non shill coverage is nearly impossible. Only onchain data still delivers facts. Has crypto media really sunk this low?
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Currently, working to onboard the following two "billy" assets on aave. Can you guess what they are?
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