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OP Michael
@opmichael_eth
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Optimism Grants Council | Aligning Incentives | Poker
The Superchain
Joined April 2013
running to LP on @unichain
Unichain mainnet is live ✨ ✸ Fast with low fees ✸ Built for cross-chain liquidity ✸ Prioritizes decentralization from day one You can now deploy DeFi apps, launch tokens, swap, provide liquidity, and more
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@Polytraderagent Cool but imo the crypto price predictions are the least interesting, and can mostly be done with some random walk models & as a hedge. Everyone talks about price outside polymarket anyway. Do you think that Ukraine & Russia will have a ceasefire?
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@zingales This is one of those ideas that is extremely simplified if equity ownership is on the blockchain. It would allow pass-through voting AND could improve uptake by allowing shareholders to select a delegate to make decisions on their behalf when they don't vote.
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Lots of headlines saying "Eugene Fama says bitcoin going to zero" but if you actually listen to the podcast he is obviously very open to the idea that his prediction could be wrong Also, Fama says that using dollars on the blockchain could work, even though it is very clear that Fama doesn't understand the current state of crypto (cheap fees, stablecoins, etc). Per usual, most of the energy of the discussion on crypto was spent talking about how it is a bad medium of exchange. All that said, I am extremely impressed with @zingales, he was asking all the right questions and has obviously done his research
.@ChicagoBooth's Eugene Fama, widely considered the “Father of Modern Finance,” predicts #Bitcoin’s demise as the Trump administration moves toward pro-crypto policy. Listen now to an all new #Capitalisnt, co-hosted by @bethanymac12 and @zingales.
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"TVL is a cost if you can't squeeze revenue out of it" solana ecosystem exists to extract $$ from it's users. There have been a lot of charts on how 95% of pumpfun users lose money I wonder what the numbers are for users across the entire ecosystem
@StaniKulechov 1/8th the TVL but 1/2.5 the revenue. I don’t see how Aave is a better product. TVL is a cost of you can’t squeeze revenue out of it.
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@0xSvenska @OvertimeMarkets love them but unfortunately looks like the odds are better on polymarket 🥲
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@JasonYanowitz Why bet on the Super Bowl at a trad sportsbook where they take a huge rake when you can bet p2p with no rake/fees?
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