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kain.eth

@kaiynne

122,875
Followers
539
Following
255
Media
8,468
Statuses

@infinex_app working group lead. Wheat thresher enthusiast. Partner @bodhi_ventures .

Ethereum
Joined March 2009
Don't wanna be here? Send us removal request.
Pinned Tweet
@kaiynne
kain.eth
5 years
If you’re building something in crypto and it hasn’t been called a scam yet, keep grinding, you’ll get there.
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@kaiynne
kain.eth
3 years
Tweet media one
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@kaiynne
kain.eth
3 years
For those who were trading in 2017 or earlier bull markets this may be obvious, but these kinds of corrections are typically driven by overleveraged longs, not whales dumping on you. That hasn’t started yet. Let me break down why it happens and why it is worse on the weekends.
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@kaiynne
kain.eth
3 years
It’s still a bull market relax.
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@kaiynne
kain.eth
2 years
A lot of people I respected earlier in this cycle have sold out in pursuit of profit maximisation, chasing opportunistic gains at the expense of their reputation, remember this when they all coming flooding back into the Ethereum ecosystem once L2 scaling becomes inevitable.
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@kaiynne
kain.eth
3 years
One thing I’ll give BTC maxis is they’ve certainly optimised for leisure time. Literally their only job is making sure their HW wallet hasn’t caught fire, meanwhile in ETH land we are forced to read 50 newsletters a day, 10 essays and do 100’s of tx just to keep up with shit...
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@kaiynne
kain.eth
3 years
Look I get it, you can trade $XRP and make money, congratulations. I’m sure there is also money to be made in like liquefying orphans as fuel for street lamps or something, but you have to have a line you are not willing to cross.
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@kaiynne
kain.eth
2 years
If Ethereum is so much better than Solana why do all of our engineers end every contract name with .SOL?
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@kaiynne
kain.eth
3 years
As promised, a thread on where DeFi goes next and why DeFi summer was not the zenith. I’m feeling particularly self-indulgent so this is going to be a long thread.
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@kaiynne
kain.eth
3 years
I’ve been thinking a lot lately about the intersection of DeFi, NFTs, art and gaming lately. Putting my current thoughts into a thread…
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@kaiynne
kain.eth
3 years
Something I’m a little concerned about given the recent interactions I’ve had with the BSC and SOL communities is that they seem to be genuinely gaining organic traction. Much more so than say EOS or Tron last cycle. I have some thoughts about this…
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@kaiynne
kain.eth
4 years
Ethereum is going to rip your face off, it’s just going to happen. Start coming to terms with it now. No matter how much eth you have, you will have deep regrets. The only saving grace is that facial reconstructions will cost like .1 eth in the future.
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@kaiynne
kain.eth
2 years
Not sure who needs to hear this but we are all going to die.
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@kaiynne
kain.eth
4 years
There is a very real chance that BTC barely moves as this bull market plays out. The days of BTC as on-ramp to crypto are over, it’s being bypassed almost completely as new money comes in primarily via stablecoins.
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@kaiynne
kain.eth
2 years
What in the actual fuck is even happening right now. This is the craziest crypto week in a while ngl.
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@kaiynne
kain.eth
2 years
I appreciate the shout out ❤️. The story behind yield farming is a long and complicated one imo and a LOT of people contributed to it.
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@kaiynne
kain.eth
5 months
New black MacBook comes with a black charging cable and a white charger, Steve Jobs must be rolling in his grave.
Tweet media one
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@kaiynne
kain.eth
3 years
I haven’t attempted to hedge my exposure to ETH with other L1 tokens. I see myself primarily as a builder not an investor, though I do like yoloing into ERC-20s 🤷‍♂️. My reasoning is that I’m all in on the Ethereum ecosystem and I have burned the boats. Retreat is not an option.
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@kaiynne
kain.eth
4 years
Cannot believe I lived through two fucking years of, “When Binance” and now every DeFi token gets listed in the space of a few weeks 🤣.
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@kaiynne
kain.eth
3 years
Most people have no idea how insane of an achievement it will be when ETH flips BTC. 99.99% of people in crypto in 2014 would have said it was impossible.
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@kaiynne
kain.eth
2 years
Man this little tantrum makes all those ratios yesterday from Su and his shill army worth it. At least now the Ethereum community knows what he really thinks. Glad I was able to flush the wolf out of its sheep clothing.
@zhusu
朱溯 🐂
2 years
Yes I have abandoned Ethereum despite supporting it in the past. Yes Ethereum has abandoned its users despite supporting them in the past. The idea of sitting around jerking off watching the burn and concocting purity tests, while zero newcomers can afford the chain, is gross.
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@kaiynne
kain.eth
2 years
You either die a hero or live to see yourself turn into this cycle’s multicoin.
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@kaiynne
kain.eth
4 years
OK, this one has been building for a while so strap in. I talk to at least 2-3 seed stage founders/teams every week. Without fail every single one of them is fucking up some aspect of capital formation for crypto protocols. Every. Single. One.
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@kaiynne
kain.eth
3 years
Serious offer, if any of my DeFi frens need help mediating a dispute I’m here. Twitter drama is of course very fun, but we are all in this together and we have much larger shared enemies looking to smother us. I’ll take you out for some great food and wine and we can talk it out.
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@kaiynne
kain.eth
3 years
Who could have predicted that a community dedicated to coordination problems would demonstrate extremely effective coordination under pressure…
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@kaiynne
kain.eth
3 years
If ETH hits ATH before BTC it’s pretty much guaranteed flippening this year.
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@kaiynne
kain.eth
29 days
Airdrops should be airdropped not claimed, drop is right there in the name. There is literally no excuse with L2 gas costs so low not to actually send the tokens. If you want to do an airclaim go nuts but it’s not the same thing 😅
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@kaiynne
kain.eth
2 years
At this point my plan is to just keep funding, building and deploying projects on OΞ until you all capitulate and join me.
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@kaiynne
kain.eth
3 years
I just published Synthetix 2021. Which is nothing more than a veiled attempt to cling to a sense of power in this ever more decentralized world.
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@kaiynne
kain.eth
4 years
Optimistic Ethereum will be the DeFi chain over the next 12-24 months. Nothing is even close. Mainnet is coming and it’s going to melt your fucking faces. @clembalestrat should have a sneak peak for you all very soon...
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@kaiynne
kain.eth
5 months
We are finally seeing some green shoots out there after a long winter. Here are the projects I am watching closely, in no particular order (probably pyops). $LYRA - This project has such Synthetix early 2019 vibes it is honestly hard to watch sometimes. V2 is coming soon.
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@kaiynne
kain.eth
3 years
I am less excited about 1559 being implemented than I am about the process that enabled it to happen. Rough consensus is fucking hard and sometimes important things take years, but once they happen the community tends to converge around them. That is Ethereum’s super power.
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@kaiynne
kain.eth
2 years
Without a doubt there are people inside Apple doing R&D right now on how to integrate a secure hardware enclave for crypto into the iPhone.
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@kaiynne
kain.eth
3 years
Two crazy things I realised today, the synthetixDAO treasury just crossed $1 billion USD last week. Even more crazy than that is the fact the sDAO now claims more monthly fees ~750k USD than it actually spends. So it is now cashflow positive on protocol fees alone! 🤯
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@kaiynne
kain.eth
3 years
The whole time I’ve been in crypto I’ve had this nagging concern that one day China might flip its extremely supportive and positive stance towards crypto to something negative. Today that day finally arrived. You hate to see it.
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@kaiynne
kain.eth
3 years
DeFi and regulators have incredible alignment. We all want fair, open and efficient markets. The fact that regulators don’t understand how much better DeFi is at achieving these outcomes is our issue to solve. The burden of proof is always going to be on novel technology.
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@kaiynne
kain.eth
5 months
PSA: You will no longer be punished for passively holding SNX. This was needed to scale the early network, but we have crossed a critical threshold. It’s still better to stake, and lower risk now, but if you don’t stake you will still benefit from the token buyback and burn.
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@kaiynne
kain.eth
2 years
My favourite part about building in DeFi is you get long stretches of time working crazy hours under extreme stress with zero recognition with everyone shitting on you. But you bank up all that vindication potential energy then one day you get to dance on the graves of the bears.
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@kaiynne
kain.eth
2 years
Weird to hear Andre is leaving defi when we were literally chatting this morning about new FX feeds and a new composable exchange function on L1 🤷‍♂️. Regardless I’m still 100% focussed on @synthetix_io and have never been more excited to be working with the community. #L222 .
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@kaiynne
kain.eth
6 months
Ok so just to update everyone on how things are going. All the L1’s will convert to ETH L2’s AND as a bonus all the CEXs will also convert to ETH L2’s. Welcome to the future.
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@kaiynne
kain.eth
3 years
ETH over 5k is the most ludicrous thing I have ever heard that makes total sense…
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@kaiynne
kain.eth
4 years
The retrospective distribution to all @UniswapProtocol users is probably going to be the best token distribution we have ever seen. Galaxy brain move by @haydenzadams .
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@kaiynne
kain.eth
2 years
Doubling down on my tweet from yesterday. If you are considering building an OΞ native DeFi protocol I will personally mentor you, like I did @0xmjs from @lyrafinance . Comment with your project handle and I will dm you to discuss. I can take on two projects, maybe three 😬.
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@kaiynne
kain.eth
3 years
Actually a little disappointed in the @OlympusDAO community rn. It’s been half a day and they haven’t even noticed my yolo buy and stake.
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@kaiynne
kain.eth
5 years
I love both BTC and ETH, it’s kind of insane to me this could be even slightly controversial, but but both Bitcoin and Ethereum are two of the most amazing things invented this century. The cognitive dissonance required to love one and hate the other is mind boggling to me.
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@kaiynne
kain.eth
4 years
Since there appears to be some confusion lately, here’s the list of people you absolutely should not fuck with in DeFi: 1. @AndreCronjeTech That’s it.
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@kaiynne
kain.eth
3 years
Alright Mr @sassal0x just back away from the keyboard slowly. No sudden tweets. I’m fucking serious.
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@kaiynne
kain.eth
1 month
99% of crypto success is sticking around long enough to become utterly desensitised to volatility 😅
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@kaiynne
kain.eth
3 months
I genuinely believe the schizophrenic and bumbling response to ICOs from the SEC created far worse outcomes than if they had done absolutely nothing. The market has been distorted significantly, to the detriment of the very people they are mandated to protect. 🧵👇
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@kaiynne
kain.eth
2 years
I appear to have become public enemy #1 in red triangle land. While the reply guys are painful it has provided some interesting perspective on the narrative. My first take away is that I genuinely underestimated how powerful the “Et hirium is toooo expensive” meme would be. 🧵👇
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@kaiynne
kain.eth
2 years
I’m starting to come around to the idea of deploying the @synthetix_io Exchange contracts to multiple L1’s. This is purely based on a concept that emerged recently for Synths to act as fast withdrawal bridges across networks. Synthetix has some *weird* properties so a 🧵👇
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@kaiynne
kain.eth
5 years
The fact that Coinbase can get to an 8b valuation selling cryptoassets to retail investors but can’t sell its own equity to these same people is a great example of how regulations intended to provide safety can easily end up doing the opposite.
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@kaiynne
kain.eth
1 month
The momentum behind @base is kind of crazy, and I say this as someone who has been very bullish on it from the start. 4844 has just thrown fuel on the fire.
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@kaiynne
kain.eth
3 years
Actually Uniswap v3 is one of the few things that is probably going to be better than the hype... spent 2 hours with @haydenzadams the other day. 🤯 still.
@lawmaster
Larry Cermak
3 years
@gakonst Couldn’t agree more and I think the same exact thing is happening with Uniswap v3. The expectations right now are so high that they can’t possibly fulfill the hype. I constantly hear people say it will solve front running, severely minimize IL, tx costs, improve speed etc. etc.
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@kaiynne
kain.eth
2 years
I feel like if Bitcoin can’t even support simple jpegs it deserves to be flipped by Ethereum. You guys had 13 years how hard could it be 🤷‍♂️
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@kaiynne
kain.eth
4 years
In the space of six months I’ve gone from so much happening in crypto I can’t keep up, to so much happening in DeFi I can’t keep up, to so much happening in @AaveAave I can’t keep up.
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@kaiynne
kain.eth
2 years
This has been a timely reminder that the state is never far away from a willingness to use violence to compel obedience. Privacy is a critical right, but defending speech is even more important. Code is speech. Don’t allow thugs to convince you otherwise.
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@kaiynne
kain.eth
3 years
Longest dead cat bounce in history or minor correction on the way to 10k. Pick wisely or face the scorn of your grandchildren…
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@kaiynne
kain.eth
2 years
Holy shit I’ve had like 20 calls with potential OΞ native projects this week and all I can say is I should drop my calendar link on Twitter more often. Wagmi to the L2 promised land.
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@kaiynne
kain.eth
3 years
ETH $10 -> $50 early 2017 was technically a crazier move but this feels 10x more insane given the scale. I’m in total disbelief here.
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@kaiynne
kain.eth
3 years
I’m so fucking bullish on @synthetix_io right now it’s disgusting. iykyk.
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@kaiynne
kain.eth
2 years
Only positive takes from me for the rest of the week 😅. It’s still early wagmi.
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@kaiynne
kain.eth
24 days
People have been shilling @Rabby_io for months, I finally installed it last week, if this is the best we can do after 5 years of mm dominating… RIP. Tx are hidden behind a janky panel and it stops me from doing literally every transaction for some weird reason or another, smh.
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@kaiynne
kain.eth
3 years
My favourite part are the 9% of fully vaccinated that clearly were in it for the free microchips.
@ianbremmer
ian bremmer
3 years
A majority of Americans who don’t intend to get vaccinated think the US government is using vaccines to microchip the population. One of the most insane statistics about the US I’ve ever encountered.
Tweet media one
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@kaiynne
kain.eth
4 years
DeFi is the best MMORPG ever created.
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@kaiynne
kain.eth
10 months
We are about to enter a golden age of decentralised stablecoins.
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@kaiynne
kain.eth
2 years
Lots of @synthetix_io FUD going around lately. A thread on my perspective on the state of the project. This year has been painful in many ways, scaling has been slow, but I said from the start of the year the L2 transition was going be rough. Despite this I’m still bullish.
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@kaiynne
kain.eth
2 years
CT noise floor has dropped by like an order of magnitude in the last month, feels like I can follow what is going on and people are already starting to pay attention to things for more than two seconds. Super bullish on this bear market.
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@kaiynne
kain.eth
3 years
Was hoping I’d see a few more trolls jump in, wasn’t disappointed. Here’s how I demonstrate my point about a few bad actors shouldn’t be used against a project. Just transferred $1m usdc into Kain.eth I’m dumping it all into $LINK tomorrow. #skininthegame
@kaiynne
kain.eth
3 years
Ok let’s put this @chainlink FUD to bed once and for all, I don’t even know who’s right any more. If it was all bullshit then I wholeheartedly apologise to @SergeyNazarov and team. But I stand by my point, we should avid exclusivity deals, the power of DeFi is its openness!
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@kaiynne
kain.eth
2 years
Just proposed a SIP to end SNX inflation at 300m tokens in ten weeks. After informal discussions today, it seems like it has a decent chance of passing. A formal presentation is planned for next week. Inflation was designed to bootstrap the network and it has done the job.
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@kaiynne
kain.eth
2 years
It’s still still a bull market relax.
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@kaiynne
kain.eth
2 years
The launch of the $COMP token kicked off defi summer. I wonder which token launch will kick off L2 ‘22…
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@kaiynne
kain.eth
3 years
Aped in. via @opensea
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@kaiynne
kain.eth
3 years
If a dumpster fire fucked an oil spill this would be result. You cannot unsee this. Brb gouging my own eyes out.
@IOHK_Charles
Charles Hoskinson
3 years
Hey Ghost Chain carnival barkers, I ran out of space for my picture. I guess I need a bigger one
Tweet media one
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@kaiynne
kain.eth
2 years
I don’t know how to sell an NFT and at this point I’m too afraid to ask.
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@kaiynne
kain.eth
2 years
It could easily be cringe to see major brands dropping crypto memes, but kind of weird seeing them actually nail it. Shows how deeply the crypto community has infiltrated every single organisation in the world.
@adidasoriginals
adidas Originals
2 years
We’ve partnered with @coinbase . Probably nothing.
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@kaiynne
kain.eth
3 years
Ok let’s put this @chainlink FUD to bed once and for all, I don’t even know who’s right any more. If it was all bullshit then I wholeheartedly apologise to @SergeyNazarov and team. But I stand by my point, we should avid exclusivity deals, the power of DeFi is its openness!
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@kaiynne
kain.eth
4 years
On-chain governance dumpster fires are going to get way worse soon. I had hoped Tezos would have proven this by now, but the stakes were simply too low for anyone to bother. DeFi TVL is going to drive all kinds of governance attacks and most protocols are woefully unprepared.
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@kaiynne
kain.eth
3 years
Just published I believe this is now the optimal model for raising capital in crypto. The post covers why raising funding directly into a DAO is far more efficient than traditional raises and how to go about it.
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@kaiynne
kain.eth
2 years
Eth killers busy fighting over which of their networks is least dysfunctional, I’m here for it.
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@kaiynne
kain.eth
3 years
OΞ native projects are coming. And sooner than you might think.
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@kaiynne
kain.eth
3 years
It is weird that an enabling technology like crypto is suddenly breaking into the mainstream consciousness across multiple dimensions. If only there were some kind of historical precedent for something like this to indicate whether it will have a lasting impact…
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@kaiynne
kain.eth
3 years
The ETH community can and will reel this in but we must not become complacent and assume everyone coming into the space is as aligned with the ideological vision of truly decentralised infrastructure as we are.
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@kaiynne
kain.eth
3 years
As Synthetix governance has rapidly and successfully evolved we have encountered friction within the Core Contributors. This post addresses the issues and how we can resolve them.
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@kaiynne
kain.eth
3 years
Imagine if you took the @Uniswap V3 TWAP feeds + @chainlink and created custom uniswap v3 pools with deep liquidity on stable value asset pairs matched to Synths then switched on cross asset swaps via @synthetix_io and integrated it into @1inchNetwork 🤯
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@kaiynne
kain.eth
2 months
We are like 5% into this bull market and already I would have been better simply holding basically every token I sold last cycle. There’s a lesson here...
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@kaiynne
kain.eth
2 months
Gonna launch a memecoin on OP for all the SNX stakers today to test 4844 costs. $2192 incoming.
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@kaiynne
kain.eth
3 years
Extremely excited that after years of pressure two of my brothers are launching a crypto NFT game @illuviumio . Also as promised I just finished that $1m @chainlink market buy into Kain.eth via @1inchExchange . I’m going offline for 2 weeks now enjoy the start of 2021!
@illuviumio
Illuvium
3 years
Illuvium — Collect.Battle.Earn Welcome to the world of Illuvium - Take a look at our introduction medium post on Illuvium!
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@kaiynne
kain.eth
2 years
Just published my L2H2 @synthetix_io update, make sure you settle into a comfy chair before reading it...
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@kaiynne
kain.eth
5 months
Pengus gonna flip apes this cycle for sure.
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@kaiynne
kain.eth
2 years
This is literally the greatest meme I’ve ever seen.
@0xTomoyo
0xTomoyo
2 years
The virgin Kain vs the chad Kieran
Tweet media one
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@kaiynne
kain.eth
6 months
It kind of boggles my mind that VC’s are still actively funding Synthetix clones. We are sending your investment to zero, just like the last ones.
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@kaiynne
kain.eth
6 years
If you have extremely strong convictions in a low information environment, you are probably delusional.
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@kaiynne
kain.eth
3 years
The most critical phrase in DeFi right now is “sufficiently decentralised” we have not yet had our Ethereum moment but I’m convinced it’s coming and there are only a handful of major projects that meet the criteria currently imo.
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@kaiynne
kain.eth
3 years
Wow it finally happened, been waiting for a genuine token merger for a while now. I expect we see more of this over the next year.
@CoinDesk
CoinDesk
3 years
JUST IN: @0xPolygon has merged with zk-rollup project @hermez_network in a $250 million deal brokered in $MATIC tokens. @cheyenneligon reports
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@kaiynne
kain.eth
2 years
100% CEX’s need to integrate @arbitrum and @optimismPBC asap.
@iamDCinvestor
DCinvestor
2 years
we need 1) exchange bridges to Ethereum L2, and 2) more apps launching on L2s directly, 3) L2 tokens (probably) right now, almost every L1 has better UX and better incentives for use this is not FUD, it is a fact and these are levers we can apply pressure to / pull for change
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