Imo the audience today didn't fully grasp what's
@cubexch
or else they'd be crying tears of joy:
1. It is an excellent exchange. Most CEXs are trash by TradFi standards.
The lowest (ethical) standard in TradFi is that the exchange should not be front running trades. Well ofc…
The new episode of
@gizmothegizzer
& Yaoyao's talk is coming 🫡
Do you love the cat? Join us with the 2 major contributors from
@wenwencoin
foundation
@TheSwervor
and
@TruittLuke
, let's talk to the cats to learn what's special about WEN and WNS
新的一期Anna &…
There's more to stablecoins on Solana than just USD! There's EUR, CHF, CAD, ISK, BRL, MXN, TRY, AUD and more to come.
If you use the fiat version of those currencies, please drop a comment on what you'd like to see the stablecoins be able to do.
This is stablecoins on Solana: highest transfer volume and # of transactions with relatively low issuance.
Highly capital efficient.
Call Solana a cheap man's chain but that's how everybody can experience Web3 with just $1.
Dashboard
@artemis__xyz
2c from
#TOKEN2049
1. Ironically for an industry that started in decentralization, centralized exchanges are still king. No signs of market share fragmentation in each vertical.
New institutional and corporate interests are further corporatizing the industry. Saw an OKX…
USDC-SPL withdrawal on
@binance
is suspended again due to high user demand to go on-chain. In the meantime, you can withdraw USDT-SPL and swap it on
@orca_so
,
@RaydiumProtocol
or
@JupiterExchange
.
It's the exchanges' responsibility to maintain uptime and liquidity. smh
This is a story of my childhood and culture:
In early 2000s Shanghai, the hip thing to do was to be "Western". Everything imported was "better".
I went to international schools with a lot of foreigners, and the Chinese were somewhat looked down upon by our teachers. When I…
I will be speaking at
#Breakpoint2023
about my favorite topics: the past and future of money, stablecoins, and trading. Come find me on main stage on October 31st and at the innovator stage on November 2nd and 3rd.
But also, anyone interested in bouldering in Amsterdam??
Help us convince OKX that they should support Solana stablecoins! Share stats, like, or comment on how you use SPL stablecoins, especially on/off CEXs. (cc
@macbrennan
@mst1256
)
A number of CEXs have suspended withdrawal of SPL tokens and stablecoins due to liquidity crunches and internal treasury rebalancing issues.
This is why we need exchanges where your tokens are actually there! E.g.
@JupiterExchange
@cubexch
(what else is there, enlighten me?)
Solana stablecoin issuance broke $3B again.
@artemis__xyz
is working on some exciting reports into
@circle
CCTP impact and new funds’ preferred activities. Stay tuned!
Stablecoins are about to undergo a fundamental structural change as an industry: issuers will share yield from collateral.
No longer will issuers be able to pocket all the yield and get free distribution from protocols, exchanges, and end users.
Under the new paradigm, issuers…
If you guys go read the whole thing I’ll post more climbing videos. Takes as long to read as doing those pull ups.
This was a few months ago beating the marine challenge. Won a free shirt for my host child!
The stablecoin trilemma: stability, decentralization, and scalability (capital efficiency). Can it be solved?
Ironically people wrote about the stablecoin trilemma mostly in the previous cycle, with each project claiming that they've solved it.
They generally fell into the…
The TradFi mind cannot comprehend...
The
@solanamobile
Saga phone comes with 30mm
@bonk_inu
on it, which covers the cost of the phone at current BONK prices. Sales of the phone have 10x'd in the last 48 hours and are now on track to sell out by YE.
Comment below if you're a student looking for part-time or summer internship. Bonus if you:
1) love stablecoins
2) care about decentralization
3) speak another language
April Solana Stablecoin Update powered by
@artemis__xyz
1. We are sitting at $3,508,952,000 issuance with USDC, USDT, and EURC. An additional 500M USDC minted
@circle
went to Binance. Long tail still insignificant.
Want to launch a compliant stablecoin on Solana without writing custom smart contract code?
Use Token Extensions and follow
@jnwng
for more ideas on what to build with Token Extensions
Today's episode with
@CryptoHayes
&
@leptokurtic_
dives deep into the world of stablecoins & synthetic dollars.
They unpack:
-
@ethena_labs
USDe risks & design
- Navigating the synthetic dollar landscape
- The future of crypto yields
- Sectors to watch this bull market…
The stablecoin trilemma: stability, decentralization, and scalability (capital efficiency). Can it be solved?
Ironically people wrote about the stablecoin trilemma mostly in the previous cycle, with each project claiming that they've solved it.
They generally fell into the…
Observations and thoughts on the RWA Summit in NYC yesterday by
@centrifuge
Interest from both TradFi and Web3 players are definitely high but for different reasons.
Two years ago I was having lunch with
@jarxiao
at the office and he said: "I think I could build a better LOB on Solana."
A few months later he quit his job to code
@PhoenixTrade
with
@0xShitTrader
.
Top % team backed by top % investors.
Are you in? (they are hiring)
Awesome stablecoin dashboard by Visa
@cuysheffield
and
@AlliumLabs
breaking down on-chain stablecoin activity. Feedback & data 🧵
The best part about the dashboard is adjusting for single-directional volume and a heuristic for organic users versus bots. It's fairly basic rn, but…
Permissioned L2s for payments?
Suddenly in the last few weeks I came across a handful of projects building payments L2s, both EVM and SVM.
The pros:
- Lower regulatory risk by complying with AML
- TradFi FIs more comfortable on a semi-centralized ledger
- Closed loop payments…
If you care about a decentralized financial future, you should care about decentralizing money on-chain.
I'm looking for passionate builders to join me! If you're a dev, designer, or marketer, please reach out.
A flux of well-capitalized issuers are entering the arena and…
Tokyo's government announced a subsidy for RWA startups to cover costs up to 5 million yen relating to platform, consultancy, and system development fees.
This amount can be higher for certain use cases that address social issuers or provide new investment experiences for…
I've found my people
@sanctumso
💙
Positive-sum mindset is about growing our industry together, not just taking away a slice of the nascent pie for yourself.
Are you staked yet? If not, head over to and check out their design.
Roasting
@Austin_Federa
, a special edition of Anna & Yaoyao's talk (
@ynonestop
) on Twitch + Spaces this Saturday 10am ET.
I first met Austin in 2022 and I thought he was a pretentious a**hole.
Come for the stories, stay for the alpha.
6/ Part of the crypto ethos is that application users shouldn’t be forced to trust developers. For an application to be trustless, its code must be open source.
We’ve open-sourced the Phoenix program under the Business Source License.
Met the founder of
@NetmindAi
@anMe_kz
yesterday in Dubai.
They are in a different league building towards a future with AGI. An ecosystem.
The team is >90% researchers and devs. The guys didn’t even know about Solana or blockchain. 🤯
I’d love to read any research on them!
Swissborg integrating into Solana defi in is a huge game changer
1 click from fiat to buying tokens on chain via
@orca_so
@PhoenixTrade
& more will help both defi liquidity & users get the best prices
Great innovation & execution
@swissborg
@nremond
@Cyrus_Fazel
Why are most crypto projects trying to build siloed communities on discord or tg?
Realistically each person will have multiple project interests and it’s quite a lot to check every gc?
Why not use something like Twitter or Reddit where there’s “feeds”?
Genuinely curious.
🚨Launching the latest “Solana DeFi Ecosystem Map” - ft. LIVE DeFi projects on Solana by category📈
👀 Stay tuned for a detailed essay on the State of Solana DeFi - meanwhile, shill what you are building👇
cc:
@inSitesh
@gizmothegizzer
996 job: designing new financial instruments on
@solana
Side hustle: educating a network of quant traders @
Moonlighting: executive assistant. New responsibility includes finding boss a gf. TIL Tinder has a co-pilot feature for EAs.
Major kudos to
@XicoSR
for helping me find a ride to the airport 🔥🔥
Dubai airport status: almost no traffic to the airport; expect long lines inside. Planes are taking off, but there are tons of people stuck from previous cancellations so most amenities (like seats) are full.
🍳 Fresh off stablecoin brunch and panel with the stablecoin OGs by
@fabric_vc
Embedded wallets, regional issuance, lots of consumer applications – vast number of use cases to be created in the next 10 years.
with
@gizmothegizzer
from
@solana
, Edwin from
@PayPal
, Sunil from…
Stablecoin mint/burn, % of M2 money supply, global payment corridors, on/off ramps, and more.
Thank you
@rwa_xyz
for incorporating my feedback so quickly. I told them that some of those metrics will be challenging to triangulate, so I'm super excited to see those metrics show…
🚨 Announcing the Stablecoins Dashboard 🚨
Today we're launching the most comprehensive view into crypto's biggest real world use case. Check out the most notable institutional and asset-backed stablecoins 🧵👇
No I'm not here to 喊单. Just sharing this as an example of MM transparency.
I often get asked whether a MM deal is fairly priced. Tbh there are frameworks, but idk because it's so opaque. However,
@MolidorShane
and Forgd will be able to tell you!
Want to talk a bit about the significance of the deal with and
@mangomarkets
.
They will begin quoting in about 4-5 hours; until then, the books will be a bit bare, like they are now.
So, why is adding $MOUTAI to one of the oldest, battle-tested apps in…
What's up with Solana DeFi?! 🤔
🚨 Presenting The State of Solana DeFi, a deep dive essay highlighting amazing projects and the Top 10 Themes in Solana DeFi for 2023 📈👇
Co-authored with
@gizmothegizzer
and
@yashhsm
Took my “kids” to Chicago public school for registration yesterday and everybody thought I was a student 🥹 do American high school kids normally have arm sleeves lol
People often ask me, “Which city do you belong to and work from?”
While I don't have a concrete answer as I don’t belong to any city, but a more exotic location.
Here’s a small thread on what earning in $$ and working from an Indo-Bhutan🇮🇳🇧🇹 border town looks like! 👇🧵
What is “爽”?
Two years ago on a drive back from bouldering in the Colorado alpines, I told my friend that driving a
@tesla
felt orgasmic. He looked at me confused.
A translation of 爽 is “feels good”, but the English expression for dopamine release is just…lacking 🤷🏻♀️
My dream boyfriends
#1
- super smart god tier trader
- workaholic
- kind human
- domestic short hair <6ft
- can ski down anything
#2
- super smart god tier dev
- workaholic
- sometimes kind human
- domestic long hair <6ft
- can climb up anything
🏳️🌈
My dream bf
- 6ft
- bought sol early
- turned 10K to 1M trading NFTs
- speaks multiple languages like rust + solidity
- gets WL allocations regularly
- loves being a conference nomad
- hits deadlift PRs like
@aeyakovenko
- loves me a LOT
Cube is the disruptor. For the first time, an exchange is fully aligned with the stakeholders* on ethos and incentives. * = network, L1 foundations, projects, traders, and end users.
头部项目温柔地说:“你好(富有的)中国人~我们一起和Solana共创美好未来”
狗庄群里大喊撕逼:“什么美好未来!铭文快涨!兄弟们拉起来!”(NFA)
Amusing to see the huge difference between Mandarin and English Solana communities. It's like living in parallel universes 🤯