Big supporter of
@solana
since I met
@aeyakovenko
and
@rajgokal
at 500 Startups incubator in San Francisco early 2018. As Rocky Balboa said, "It is not how hard you can hit, but how hard you can get hit and keep moving forward." I'll be your fan forever - keep it up guys!
The crypto market is evolving at a reckless speed:
. In the first cycle (2013) we had only Bitcoin.
. In the second cycle (2017) we had Bitcoin, Ethereum and ICOs.
. In the third cycle (2021) we had all the L1s (Solana, Polkadot, Cosmos), Defi and NFTs.
. In the fourth cycle
Reminder that crypto has a use case: payments with stablecoins when traveling. Case example:
For my bday in 3 days, I'm renting a small boat in Dubai. Paid in $USDC on
@solana
. Here is the answer of the vendor: "Received. Thank you. We love blockchain. Easy and fast".
Probably
@Grayscale
Analysis: GBTC of
@Grayscale
continues to acquire 900BTC per day on average since halving (1000BTC per day in October), which is the entire issuance of new BTC via block rewards to miners (6.25BTC every 10 minutes)
1/2) Yeah sex is great but have you seen Trdelnik - Rust testing client for the popular
@solana
framework Anchor? Think of it as Brownie for Solana (for those who are familiar with Ethereum tooling). Built by our security engineers from
@ackeeblockchain
(
@RBF_cap
portfolio co)
Our
@DavidRakusan
posted an analysis of
@terra_money
$LUNA token. As you can see we're quite bullish. Treat with care - not investment advice. ;-) Disclaimer:
@RBF_cap
is investor in $LUNA.
We set a new price target on the $LUNA token at $170 📈 We at
@RBF_cap
believe there is still a 10x upside on the
@terra_money
project 👀.
@d0h0k1
will bring the
#Terra
algorithmic stablecoins to the top!
Read and download our analysis here 👇
This is what I just sent to a friend, fellow crypto investor, on the current crypto market:
"Man the sentiment is over-bullish. Private rounds oversubscribed in a matter of weeks. VCs offer competing terms increasing 2x valuation of the previous bidder. However, retail and
Prices don’t matter. This is what matters: Solana Hacker House in London is packed. Over 600 people. This is not how bear market looks like (I’ve seen many :)
@solana
@hackerhouses
I’m born in a communist country. That is why I love crypto. It allows people the freedom to access financial services and own assets on the internet from anywhere in the world, equally. It gives the “power to the people”.
Interesting:
. On
@JupiterExchange
out of 680k trades last week, nearly 5% (33k) were swaps of $100k+.
. On
@1inch
, swaps of $100k represented 0.2%.
=>
@solana
is not a retail chain.
=> on
@solana
, there is a need for a DEX with MEV protection for large swaps (like
@CoWSwap
Whoa the
@KaminoFinance
V2 will be massive! It allows anyone to create new lending markets with following features:
* isolated (single asset collateral) or cross (multi-asset collateral) borrowing modes
* can connect to external yield sources (eg orderbook lending)
* next-gen
1/ Introducing our vision for Kamino Lend V2
A new, secure financial layer that reshapes the lending landscape on Solana, with novel primitives, powerful automations, and next-gen security infrastructure
🧵
I love my job. I am in Abu Dhabi meeting investors, while on Zoom calls with Czech regulators (ČNB) advising MiCA implementation, while on Slack with
@RockawayX_Infra
restarting
@solana
and on Telegram with
@Kamino_Finance
reviewing impact of potential price drop on liquidations.
1/ Extreme volatility produced a series of collateral effects across the Terra ecosystem, primarily derived from the short-term peg deviation of $UST and its impact on the volatility of $LUNA and levers of the Terra protocol. There’s a lot to unpack, so let’s dive in 👇
@NTmoney
Respectfully disagree. It is not usable (for a normie, which is what counts if we want more users). My experience from yesterday when I wanted to buy 1 Bad Kid:
* It takes 15 minutes to bridge 1 WETH from L1 to Osmosis to buy STARS. Goes via Axelar (seamless) but the 15min lag
NY 2023 resolutions: to become a certified
@solana
dev 🎄
Sounds like you?
Our Winter School of Solana supported by
@SolanaFndn
makes it
possible. It’s also free 🤓
Applications are open till February 3:
Read the thread before applying 🧵 👇🏻
There is no better chain for payments than
@solana
. And on Solana, the payment solution is
@helio_pay
: initially for payment links, payments for NFT presales and now for e-commerce with
@Shopify
plugin. Proud of the team.
It's official! Helio is now running the
@Solana
Pay plugin on
@Shopify
! 🤝
Shoutout to the projects already winning on Shopify with the help of Solana Pay:
👻
@solBOOGLE
leads in total Solana Pay sales volume on Shopify
🦖
@Claynosaurz
generated 25% of their total plushie sales
Back in 2018 crypto winter, it was not clear that crypto would survive; the only use cases were trading and speculative ICOs. This time it is different. There are many use cases not only in DeFi but also in Consumer Web3. Here are the ones we
@Rockaway_X
are most excited about:
In times like these it's important to look at the progress that Web3 is making. We've have looked into the Emerging Consumer Use Cases in Customer Crypto. Read to find our thesis on potential catalysts for the next bull run...👇🧵
Hahah this is awesome. Today at 16:04
@Austin_Federa
posted a question how to create a 1 USDC paywall. At 17:39 (1h35min later)
@helio_pay
posted a video response showing how to do that in < 1 minute. I love the speed of execution 🫶🚀
@helio_pay
is a portco of
@Rockaway_X
Looks like
@solana
is being attacked (looks like DDoS), TPS went down momentarily and some validators were in deliquent state. Maybe somebody is jealous of the great conference
@SolanaConf
in Lisbon
@aeyakovenko
? :) (From internal monitoring - )
@aeyakovenko
Timing is interesting: 3600 participants at Breakpoint this weekend (+50% vs 2021). Many builders. Buoyant ecosystem with simple consumer apps (e.g. Star Atlas, Matchday). Simplified dev tooling (e.g. Move, token22). Improved stability (e.g.
@jump_
Firedancer)...
#bullish
Vega is featured in
@MessariCrypto
's latest research piece, thanks for the deep-dive! The road towards alpha mainnet continues!
#freethemarkets
Enjoy the read👇
Why blockchain? Here is why (personal true story):
A week ago I applied for a mortgage at a traditional bank. Sent plenty of documents (salary, past salaries, ID card, utility bill, residence permit). Today I receive the following answer: “Unfortunately and despite the efforts
For Czech hackers: Want to learn how to program on
@Solana
before the
@HackerHouseSOL
in Prague (March 1-6)? Then register to the "Winter School of Solana" online course starting next week (in Czech) by our frens from
@ackeeblockchain
. Register here👇
Cryptocurrency? We got you. 💸
We’ve partnered with
@phantom
to create a simpler, more secure way to manage cryptocurrencies, tokens and NFTs on the
@solana
blockchain. Get started:
1) Often LP investors ask me: "How do we bring 100x more users into crypto?". Here is my take on it, mapping use cases on the global wealth pyramid. Hint: it is not about Bitcoin.
Are you also bothered by constant switching between blockchains (L1s, L2s) within wallets? Enter
@agoric
= the “metachain” solving it via Orchestration.
Chain Abstraction is a vision for uniform access to web3 capabilities for a drastically better user experience.
Achieving Chain Abstraction requires programming and control of multiple independent activities on multiple chains, in an asynchronous world.
Enter Orchestration 🧵
I just learned that one of my friends had a car accident and did not make it. I am extremely saddened and sending my condolences to his family and children.
Let this story remind us that life and love is all we have in this world. Everything else is secondary. Take some time
Why do I do VC? Because fundamentally I love people. Founders who put aside their life to work on their dreams. It’s so hard. And so inspiring. Myself I failed many times. My main advice? Entrepreneurship can consume you. Don’t let it happen. Take care of your loved ones, set
In our market neutral Credit Fund we ended up using
@idlefinance
quite a lot thanks to their yield tranching feature. When we ❤️ a product we also invest from our VC fund and help the founders ship additional features. That is the mission of
@Rockaway_X
We’re thrilled to announce our strategic funding round, led by
@Rockaway_X
, with participation from
@FasanaraDigital
!
This marks the beginning of a new exciting chapter for Idle 🔥🧵👇
@cdixon
Web 3 is as if Uber gave shares to their network participants: both drivers and riders, depending on their usage (incl. airdrops after network launch). That is why Web 3 is so difficult to be understood by traditional investors: it feels like it gives away their future cash flows
Team discussion: “I will not use Ethereum if I need to pay $600 for one Uniswap transaction. Ethereum is Nokia of our time. I think Ethereum will fail to adapt and will be eventually overcome by some other L1 -
#solana
. I would bet on that the flippening will happen in 2023.”
I've been to some crypto conferences lately to check on the sentiment. It feels like the sun is shining again, people are smiling, builders are building, lots of excitement about traction and the use cases. Welcome to the "crypto spring". 🌻🌞
Way to go! Inter Protocol should be the go-to stablecoin issuer for
@CelestiaOrg
$TIA holders. If they want to buy a yacht or rent a villa for this summer, they don't have to sell their $TIA anymore. They can borrow $IST against their $stTIA. Just like Ethereum users use
🪂🔥 STAKE-MINT-AIRDROP 🔥🪂
Starting this Wednesday - stTIA vault owners will be eligible for
@stride_zone
$STRD rewards airdrop.
This means you can now mint IST using your stTIA, retain your staking reward (as normal) AND still reap those sweet air drop rewards.
Users must
The only thing that matters is love. Love for your family, the work you do, for your team, your hobbies and your friends. Make sure your time is well spent.
We're hiring across many positions at
@RBF_cap
: investments, yield, research, engineering. I wrote job descriptions for all open positions. In the end, it boils down to two common denominators: 1) self-driven, 2) super smart 😅
I'm having calls with founders and use cases of crypto are amazing. The tide is turning and there is so much energy and optimism. The tradfi investors will understand in a couple of years, once the "Chat GPT moment" is obvious to them, but then valuations will be 5-10x from now
Honored to be a part of the incredible lineup at PROOF OF TALK, where top minds in the blockchain space will converge to reignite the industry with innovation.
Join
@odagius
from
@BinanceLabs
,
@leeorgroen
from
@TheSpartanGroup
and I at our panel "The Great Debate: Bear Market -
'web3 games' ain't it... we're into fun games where crypto adds depth to the play & community interactions.
The story of
@autolegendsrace
vibes here: team w/ past (web2) hits & in Racing Rivals, if you win your opponent’s car, you drive off w/ it. So..
…What if you could
Initially I thought VC value add had to be in providing founders with services (eg staking, dev, research), network and hiring. Now I realize most of my value add boils down to 2 things: 1) increase founders' ambition, 2) give them self-confidence that they can achieve it :)
This is a proof of my $viktor $holytag ownership and reservation in
@holyheld
.
💲💲💲
0xf7dfad28555c9e6f10d2adc46979dd385768a0a16a3e27b5159463fc9b45c69c1898f0fc22760bec7d3bab42629bdee6e2dada1a614b74c4cf736d6e06b281f61c
I created many businesses. Most of them failed. One of them was a nightclub. I wanted to create the best place: the one with the best decor, the best drinks, the best staff. It failed. People do not care about that. They care about the other people. The key feature of such a
Another example of a clear use case for crypto. I need to send money from the Czech Republic to Great Britan. My bank
@komercka
is taking 12 463CZK ($530 USD) fee. It would be cheaper on
@ethereum
and much cheaper on
@solana
.
Winter School of Solana: it's a wrap 🎁
We are proud and happy to ease the way for those who want to become
@solana
devs.
If this time you missed your chance to join the cohort, you can still watch all the lectures here 👇🏻
The Dalai Lama, when asked what surprised him most about humanity, answered "Man! Because he sacrifices his health in order to make money. Then he sacrifices money to recuperate his health. And then he is so anxious about the future that he does not enjoy the present; the result
During bear markets I feel like when hacking the Matrix: everything slows down, we have time to reflect, build and add value. During bull markets I feel like riding barefoot on the roof of a high-speed train in Tokyo :)
I just love the builder / VC game so much. Being honest and concrete with founders when speaking about our experience, whether it is:
. building
@observatoryzone
: staked asset management tool
. running infrastructure, white-label validators and setting up GPUs for ZKPs by
Boooooom.
@RockawayX_Infra
is now part of
@LidoFinance
validator set. And more super exciting news coming on supporting the
@ethereum
global infrastructure from bare metal hardware installed in state of the art datacenters in the heart of Europe 🫶🇪🇺🌎
We are excited to officially join the
@LidoFinance
validator set!
This amplifies our
@RockawayX_Infra
focus on active participation in the ETH ecosystem and affirms our commitment to decentralization.
We have successfully closed $21M in seed funding 🥳
The round was led by
@IOSGVC
,
@walden_catalyst
and
@__geometry__
This is an important step on our mission to democratize
#ZKPs
by enhancing their speed, scalability, and cost-effectiveness, making them accessible to all
1/3
Case in point - the
@MixinKernel
hack of $220m! Before you allocate your assets to any chain, check
@observatoryzone
for its (de)centralization and other health metrics. Then stake via
@StakeBar
to ensure your assets get to those validators who deserve it most (ie have uptime,
@sama
Prague. World-class infrastructure, proximity to London, Paris, Berlin, Vienna, cheap real estate, renowned universities (Charles University founded in 1348), strong IT graduates with focus on AI, successful start-ups (
@productboard
,
@BeatSaber
), crypto epicenter
@Paralelni_polis
I asked
@dalle_openai
to depict “crypto spring” sentiment I see on the market right now. Result is spot on! 👇🌸😆
“Here’s the image depicting “crypto spring” with a vibrant and optimistic theme. It showcases a symbolic landscape where technology and nature blend harmoniously,
Observation: most of the problems of the crypto industry are due to one reason: young people becoming rich too quickly. To inexperienced, riches provoke self-indulgence. But altriusm, not ego, is the path to happiness.
Centrifuge growing nicely. This means crypto money is looking for yield also in TradFi, particularly in bear markets. That is why
@RBF_cap
invested in
@centrifuge
productboard has just raised a $45M Series B led by
@Sequoia
and
@BessemerVP
. The investment fuels the growth of our dedicated product management system, poised to revolutionize product like CRMs have revolutionized sales. Read on to learn more 🎊🚀
Remember how 1 year in crypto is 10 years in normal life? Here are the notable events that happened in crypto in Q1 this year (feels like 3 years):
Bitcoin:
. ETF launch: Shift from GBTC to ETFs
. Bitcoin ecosystem: L2s , BitVM, Runes
This is not how a recession looks like:
1) shoppers spent an estimated $7.3 billion online on Black Friday, a 7.4% increase compared with last year
2) from Thanksgiving to Cyber Monday, shoppers are expected to spend $40bn - also more than last year (picture below)