ETH/BTC has spent over 600 days in its current range.
You'd imagine the next move (up or down) would be the decisive one that sets the tone for the foreseeable future.
Ran into this pretty interesting website that shows Lens usage by application: lens.decentree.com/
Thinking I should work on a really detailed Dune Analytics view...
Merry Christmas everyone!
Know that looking back you'll have been early in something special (decentralized social) & will look back at these days as the good old ones.
#lensprotocol
This post has a 0.01 $WETH collection fee but 100% is shared with those who mirror the post.
It's interesting how the collection + fee sharing primitive will drive growth for @lensprotocol @lenster
If Binance doesn't suddenly turn up insolvent tomorrow (& the entire crypto market doesn't nuke), $BNB looks set for a classic short squeeze.
On a day like this I'm pretty happy to have Lens profile set up.
Can't be evil > don't be evil.
What dApps are you using right now? For me:
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Notional Finance (fixed-rate lending)
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Stargate (for bridging).
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Polymarket (recently betting on SBF to prison markets successfully).
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Kwenta (perpetuals). DeFi still doesn't have liquid perps so it kind of sucks.
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Morpho. P2P market overlaid on Aave that boosts yields a bit.
TLDR FTX testimony John J. Ray for tomorrow:\n\n- Mgmt could redirect customer assets.\n\n- Private keys stored insecurely.\n\n- Alameda borrowed FTX funds without limits.\n\n- Asset commingling.\n\n- No documentation on txs or financial statements.\n\n- No risk management personnel or governance.\n\nSBF will get a long-ass prison sentence. Well-deserved.\n\nFull testimony: financialservices.house.gov/uploadedfiles/hhrg-117-ba00-wstate-rayj-20221213.pdf