robrik retweeted
How long would it take the Assistance Fund to buy all the available $HYPE? You can now play around with this new experiment I've just released.
hypeburn.fun/stats
robrik retweeted
CT will say that Hyperliquid delisting JELLY was solely decided by Jeff and that HL is not decentralized.
I caught up with Jan, a validator node runner, and he confirms this is false. Jeff asked for a vote, and quorum was reached within 2 minutes.
Hyperliquid
robrik retweeted
.@HyperliquidX 7d rolling DEX volume above Solana spot and perps volume for the past two days
this doesn't include spot volumes
please do not give up 🙏
robrik retweeted
New ATH in daily perp volume at $10.418b for @HyperliquidX.
Proof that the platform is actually seeing even MORE use (not less) post-airdrop farming due to PMF.
🤌Fee revenue for the day is split bw HLP & the Assistence Fund which buys $HYPE. If you dont understand the implications of this, you dont like money.
Analytics from @DefiLlama: defillama.com/protocol/hyper…
robrik retweeted
$COIN is holding strong compared to other growth stocks that are dumping big oday. The problem for $COIN bears is that ~$2.5 billion in positive adjusted EBITDA this year for Coinbase is a conservatie estimate. Even at $250 per share, it’s hard to argue that the stock is overvalued. Considering the potential growth of the blockchain market, which is currently the fastest-growing tech sector besides AI, the stock actually appears undervalued even for many in Wall Street as we have seen in recent weeks.
BTW, Coinbase has one of the cleanest adj. EBITDA figures I’ve seen, reflecting real profitability
robrik retweeted
Evgeny’s point is accurate but it’s pure nonsense to think that Hayden and Vitalik are doing something wrong by having a bit of moral and logical compass with what ETH / DeFi should build instead of garbage tokens.
Also the point *IS* that the people can build what they want.
If ETH fails in the future it wont be because "Solana is faster", it will be because the eth "elite" is still stuck in a massive contradiction
Blockchain tech is impressively super well conductive to create purely capitalist incentive based systems
At the same time vitalik, hayden and many many others are trying to "solve capitalism" by saying that what we build can only be respected "if the end is worthy (healthcare, open source software, art, etc)" or that "the best builders in the space are motivated by positive social change". Throw on top of that neverending attempts to "solve" MEV while we are at it
You are either building capitalism or planned socialism. I'm sorry, you really cant have both
I choose capitalism in all its (often ugly!) glory. And if you are not here for glory, then one simple argument is - unlike socialism, capitalism actually works
robrik retweeted
For an asset with a “marketing problem”, people can’t seem to stop talking about eth
robrik retweeted
They'll understand in about 2-5 years when they buy their Starbucks with $USDC from their Apple Pay wallet on their iphone. By then we'll be sitting on a yacht 🤝
robrik retweeted
Imagine being able to buy a share of the Internet of money
oh and there’s no dilution (real yield with staking eventually) and it’s green
BTC: digital gold
ETH: digital QQQ with cash flow
robrik retweeted
Name checks out. Its morons like this that make me look forward to the day $ETH outperforms and then memes go to zero.
robrik retweeted
If @joebiden loses, there is a good chance you will be able to thank @GaryGensler and the @NewYork_SEC
Crypto is a mainstay with younger and independent voters. Gensler HAS NOT PROTECTED A SINGLE INVESTOR AGAINST FRAUD
All he has done is make it nearly impossible for legitimate crypto companies to operate, killing who knows how many businesses and ruining who knows how many entrepreneurs.
This is also a warning to Congress. Crypto voters will be heard this election. You could solve this problem for Biden by passing legislation that defines registration that is specific to the crypto industry just as other industries have registration that is defined for them
Or you could do the better option and assign all crypto to be regulated by the @CFTC
They actually know what they are doing
@ericswalwell @SenSchumer
robrik retweeted
initial asks for @friendtech clubs
• please make a separate tab for clubs from individual rooms, i am getting spammed nonstop w/ ppl adding me to rooms bc keys are transferable
• make fixed price room option w/ cap on sizing
• more clearly list who created room vs. pres.
