Having spent last three cycles in trenches, I can say without ambiguity that the rise of AI narrative is next to none. It far exceeds the NFT mania, DeFi summer or even ICO craze. This comes right at the back of RWA rally that we witnessed in last one year. A 🧵on AI+RWA

Fully agree. Can help to bootstrap some of the pools and not paying APY that is on offer to vested tokens will not be really justified. The real question IMHO is if the yield tokens should be unlocked immediately or should follow the same vesting schedule as the principal tokens.

@arnav_vohra @hosseeb Then it’s a TGE even if the tokens are not listed or tradeable. You will need an agreement for sale of tokens, not sale of future tokens by the way.

@arnav_vohra @hosseeb If there is no token, there is no holding of token and hence no holding period. SAFT is a right to future tokens, the tokens don’t exist on the day of signing.

@maddeningsmart It’s not only a reputation problem.

@stan1m1r @0xWenMoon It was bound to fail. Nobody wants to transact in a currency that changes its value every second. Further, if they use BTCUSD conversion at the backend, stablecoins are much better option.

@0xThoor This is exactly the problem with crypto liquidity. There is not enough liquidity in crypto markets to sustain this proliferation of new chains. Capital will keep rotating from one chain to another.

@binji_x Small Account - Reply Large Account - QT

@mteamisloading Gas fee is a tarrif charged by L1 to apps. And by the way if Superchain or Arbitrum can charge % of sequencer revenue/gross profit to L2, how is it different if L1 charges something similar?

@fede_intern Partially in the pocket of devs and partially in the pockets of politicians.

@lex_node Wen Dutch auction for token price discovery?

@sjdedic DCA at 95%

That’s a jurisdictional thing. Most of the jurisdictions will allow set-off in same accounting year. In different accounting years, almost universally you need to have capital gains to set off capital loss. Similarly, several jurisdictions tax short term capital gain at the same tax rate but again universally long-term capital gains are taxed at lower rates.

@krugermacro Pretty sure that money is going into a sinkhole.

@sgoldfed Hope someone at EF is reading your tweets.

@sui414 @shumochu Call 911

@TwoPeopleInPara Another failure of Bitcoin as MoE. History repeating itself. Let’s accept the fact in its current volatile form, BTC is not built to be an MoE. 🇸🇻 and @nayibbukele should instead adopt USD stablecoins as MoE and keep BTC in treasury as part of a strategic crypto reserve.

@litocoen @0xMert_ You are not alone.

@emanueleUSDM I still remember when Maduro launched Venezuelan Petro coin. But at least he promised to back up Petro with oil reserves of Venezuela.

This 👇