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sebby_d
@sebbydavies
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Venture investments and credit opportunities at https://t.co/b2Rf6b23rw
Vancouver, British Columbia
Joined January 2013
Farm yields, farm engagement, farm your lungs, farm your mom… wait, what? Anyways, berachain is awesome! 🐻⛓️
Many see Berachain as a place to farm (which is definitely true to an extent!) Meanwhile there's a sleeping giant in consumer/social + games with @playwithOU, @eatsleepyeet, @Berally_io, @puffpaw_xyz and many more under construction. We're in the first inning. Berachain.
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Big brain energy 🧠
CTO & Co-Founder of Hinkal, Nika Koreli @n_koreli, was honored to join the discussion on AI Agents at @UCBerkeley. "Public wallets are the main blocker for DeFAI to really blast off. If everyone can see your onchain moves, your AI agent can't fully perform successful strategies and generate alpha," - says Nika Koreli. AI Agents' future is impossible without privacy, and the @hinkal_protocol team is happy to share our vision at such panels.
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Free money!!
There's a guy using Ooga Booga, making a USDC-ETH swap, literally every single block, and then arbitraging it cross-chain. I asked him the other day, "how much money have you made?" The guy said "I've made over 500k USD". I thought about it for a second, and it actually makes so much unbelievable sense. Think about how many chains there are in crypto, then think about how many of those chains have some sort of derivation of ETH. Somewhere, on one of these chains, there's an arbitrage opportunity at all times. Just look at the unbelievable amount of chains that exist, and tell me that you don't think there's gonna be chain out there that doesn't have a mispriced ETH derivative.: Anyways, if you want an API key so you can make money like this guy, feel free to ping me!
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When OGs talk, I listen
1/ This is my last startup. Been a founder for almost two decades. Feels like an eternity. Got lucky with some exits, didn’t do well in some. From seed to IPO, been there. For all that’s worth though, I never did it for the money. Genuinely wanted to build and disrupt, making
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@dcfgod Been thinking about this a lot. The consequence of hypertokenization is likely a forced focus on a set of crypto fundamentals. Chasing memes can be fun, but it gets old.
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Hackers be like
Drosera has raised $3.25M in a seed round led by @greenfield_cap, bringing our total funding to $4.75M. This capital will fuel the development of Traps, our next-gen smart contract security and automation technology.
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Bound to be a good one!
TrueFi DAO will be at the #HackSeasonsConference in Hong Kong. Vivek Saini, COO of @TrueFiDAO, will speak on the DeFi panel on the Tech Track, discussing how TrueFi is advancing onchain lending and tokenized RWAs, bridging traditional finance and DeFi with scalable credit solutions. The event is a key gathering for builders, investors, and innovators shaping the future of Web3, DeFi as well as RWA.
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Flows over fundamentals, but for how long?? ❤️🐻
A look at the first day of @berachain, by the numbers: Since launch, Berachain has grown to $1.817b TVL, with 11 protocols listed. Berachain's TVL growth places it as the 8th largest chain by TVL, with a Mcap/TVL ratio of 0.46, the lowest in the top 10. Berachain DEXs have had over $50M in DEX volume since launch. The largest protocol on Berachain by TVL currently is @KodiakFi, a DEX. In total, Berachain has 6 protocols with over $100m in TVL and 9 with over $1m in TVL.
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Criticizing Bear for having VC backing, inflation, and no day-one profits misses the point entirely. VC funding enables innovation by taking early-stage risk—what do you think the IPO market is for? Inflation bootstraps growth, and most of today’s tech giants started unprofitable. HyperLiquid’s bootstrapping model is the exception, not the rule. If you’ve got a better solution for funding innovation, let’s hear it. Otherwise, this critique feels like preference masquerading as analysis.
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@capnjackbearow The man. Or bear, or whatever. Simply, a well-articulated and thoughtful response to questions/concerns across the ecosystem. Nice work, dude.
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