I can't tell if that's horrible opsec that Owl posted his home address (Destination Degenistan, Home of the Apes)....or maybe he is such an Apex Predator he DNGAF if someone shows up at his place?
wow ... these posts covering practical aspects of defi are amazing! Can you help me out with these?
(1) "Intuitively we know that it would be cheaper to allocate to a more volatile token due to the fixed costs (gas) and variable costs (slippage)." Can you explain the logic here? If a token is more volatile for example, the negative slippage could be v high. Thus, why would it be cheaper?
(2) Iguana - any possibility of providing a website that shows the charts you laid out on a real time basis? Like allow us to add a token and compare the return volatility of different projects etc.
Thanks for such a great post. Could you guide me to know where to pull the correct data for current FDV, %vol change? On coinmarket, it's showed market cap and FDC, could we use those data? btw, for the bull case FDV, how can we calculate this or we based on the valuation method from the Defi Substack?
Hi Team, may you please share your portfolio allocation and coins for all of us to get an idea. This can help us in kind of following your portfolio. May be it can be used as a future article.
Once some base level of wealth is built via crypto, wouldn't it then be ok to make a few small, ultra-degen bets?
BTB says to never use leverage, but with enough wealth wouldn't those trades begin to make more sense? If your team were to make an ultra-degen bet, what would it be? Crypto options?
love it - a lot of thoughts/ideas running through my head - related question for you - how/where the hell do you go for researching coins? I'm in crypto twitter but keep feeling like I only hear about coins (toke, spell, ohm, etc) once they've made it mainstream. Where/how can I research small caps before they go mainstream?
Iguana - would love to riff a bit on using FDV as a metric vs. Current cap. I always tell folks to ignore FDV because emissions schedules vary wildly from protocol to protocol. Curve, for example, won't hit its FDV for another 300 years. Tend to focus on current cap (price x circulating supply).
Using FDV, would agree with your analysis but not sure it's apples to apples from protocol to protocol.
Iguana just exploded heads all over substack.....any chance we can get the formulas on those columns sir?
I can't tell if that's horrible opsec that Owl posted his home address (Destination Degenistan, Home of the Apes)....or maybe he is such an Apex Predator he DNGAF if someone shows up at his place?
Great post! Will need to read three more times
Thank you sirs, nice to see the different approaches.
Good Read
Hi, this is a great post! I recently subscribed to this substack. Is there a discord associated with it?
do you plan to look at Temple DAO
wow ... these posts covering practical aspects of defi are amazing! Can you help me out with these?
(1) "Intuitively we know that it would be cheaper to allocate to a more volatile token due to the fixed costs (gas) and variable costs (slippage)." Can you explain the logic here? If a token is more volatile for example, the negative slippage could be v high. Thus, why would it be cheaper?
(2) Iguana - any possibility of providing a website that shows the charts you laid out on a real time basis? Like allow us to add a token and compare the return volatility of different projects etc.
Thanks man!
Thanks for such a great post. Could you guide me to know where to pull the correct data for current FDV, %vol change? On coinmarket, it's showed market cap and FDC, could we use those data? btw, for the bull case FDV, how can we calculate this or we based on the valuation method from the Defi Substack?
Owl, when you talk about 5X target, you mean in BTC or ETH terms or in the American fiat unit?
Hi Team, may you please share your portfolio allocation and coins for all of us to get an idea. This can help us in kind of following your portfolio. May be it can be used as a future article.
Once some base level of wealth is built via crypto, wouldn't it then be ok to make a few small, ultra-degen bets?
BTB says to never use leverage, but with enough wealth wouldn't those trades begin to make more sense? If your team were to make an ultra-degen bet, what would it be? Crypto options?
love it - a lot of thoughts/ideas running through my head - related question for you - how/where the hell do you go for researching coins? I'm in crypto twitter but keep feeling like I only hear about coins (toke, spell, ohm, etc) once they've made it mainstream. Where/how can I research small caps before they go mainstream?
Iguana - would love to riff a bit on using FDV as a metric vs. Current cap. I always tell folks to ignore FDV because emissions schedules vary wildly from protocol to protocol. Curve, for example, won't hit its FDV for another 300 years. Tend to focus on current cap (price x circulating supply).
Using FDV, would agree with your analysis but not sure it's apples to apples from protocol to protocol.
Thoughts?