0xP0sSum(@0xp0ssum) 's Twitter Profileg
0xP0sSum

@0xp0ssum

Founding Member of @possum_labs

Building positive-sum DeFi

ID:1706451458260897792

calendar_today25-09-2023 23:31:55

319 Tweets

149 Followers

212 Following

0xP0sSum(@0xp0ssum) 's Twitter Profile Photo

I usually don't repost soundbites from myself but I think this is important enough that everyone should hear it.

Don't lose money. ๐Ÿซก

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samczsun(@samczsun) 's Twitter Profile Photo

Today, we're launching the latest Security Alliance initiative, and it's going to change crypto security forever. It's called SEAL-ISAC, and this is why we need it

Today, we're launching the latest @_SEAL_Org initiative, and it's going to change crypto security forever. It's called SEAL-ISAC, and this is why we need it
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tokenbrice.eth (๐Ÿœ,๐Ÿ”)(@TokenBrice) 's Twitter Profile Photo

One small step for Ants, a giant leap for

Tired of spending hours evaluating the ruggability of yet another protocol - who, like every other - pretends to care about decentralization?

You're not alone. This burns out the whole space, and most people cannot tell theโ€ฆ

One small step for Ants, a giant leap for #DeFi Tired of spending hours evaluating the ruggability of yet another protocol - who, like every other - pretends to care about decentralization? You're not alone. This burns out the whole space, and most people cannot tell theโ€ฆ
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0xP0sSum(@0xp0ssum) 's Twitter Profile Photo

Wanna buy that micro cap but you're already fully invested?

Worried about a crash but not convinced enough to sell?

There is a solution. ๐Ÿงฉ

Buy that micro cap or hedge your bets with a perp short position using upfront yield! ๐Ÿ’ก

Whenever you need capital right now but don'tโ€ฆ

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Possum Labs(@Possum_Labs) 's Twitter Profile Photo

๐Ÿšจ Possum Labs is now entering Growth SZN ๐Ÿšจ

You can expect:

โœ… More products
โœ… More partnerships
โœ… More incentives
โœ… Audit results

Today marks our first of many announcements โ€“ weโ€™re officially partnering with Vaultka (๐Ÿ’™,๐Ÿงก) | $VKA!

๐Ÿšจ Possum Labs is now entering Growth SZN ๐Ÿšจ You can expect: โœ… More products โœ… More partnerships โœ… More incentives โœ… Audit results Today marks our first of many announcements โ€“ weโ€™re officially partnering with @Vaultkaofficial!
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0xP0sSum(@0xp0ssum) 's Twitter Profile Photo

After alts got flushed, weยดre finally getting ready for altseason.

That is, if Iran and Israel donยดt start dropping nukes on everyone first.

Flight to safety in these times is real, BTC holding strong.

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0xP0sSum(@0xp0ssum) 's Twitter Profile Photo

Holding that thought for more than 10 seconds gives profound insights to many things.

Value is a social construct.

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0xP0sSum(@0xp0ssum) 's Twitter Profile Photo

Most protocols are not economically designed to align holders and users.

If a token extracts value from users, like most tokens do, it creates conflict of interest. Add governance and you'll get a centralisation nightmare / oligarchy.

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Possum Labs(@Possum_Labs) 's Twitter Profile Photo

gpossum Travelers! ๐Ÿš€

As the launch of Portals v2 approaches, prepare for the big reveal of the first Possum Partner.

Any guesses? ๐Ÿ”

๐Ÿ’ก Hint: Their name hints at a famous Russian alcohol.

gpossum Travelers! ๐Ÿš€ As the launch of Portals v2 approaches, prepare for the big reveal of the first Possum Partner. Any guesses? ๐Ÿ” ๐Ÿ’ก Hint: Their name hints at a famous Russian alcohol.
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GrossBit, the Golden Blob(@gross_bit) 's Twitter Profile Photo

ENA is not a DeFi token. Itโ€™s a CeFi token of an unregulated Hedge Fund doing basis arbitrage.

As a basis arbitrager myself I am biased and am not happy about a a new 2 billion and growing competitor but here is my take:

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0xP0sSum(@0xp0ssum) 's Twitter Profile Photo

Good examples why value extraction leads to misaligned incentives eventually.

It is mandatory to separate profit from protocol because value extraction is a centralizing factor that leads to more value extraction & control.

-> Conflict of interest between insiders and users.

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tokenbrice.eth (๐Ÿœ,๐Ÿ”)(@TokenBrice) 's Twitter Profile Photo

Uniswap considering forcing people to use a proprietary service for 1% gas opti

Sushi team (lol still alive?!) about to vote to themselves the treasury & airdrops as a grant

Rune acknowledging he doesn't want you plebs to govern his protocol

A regular day in ClownFi

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Possum Labs(@Possum_Labs) 's Twitter Profile Photo

Blackrock manages $9.4T+ AUM.

The capital comes from everyday people, but money managers control it.

๐Ÿ” Interesting Fact: Managers profit from management fees regardless of asset performance.

This highlights the need for a better financial ecosystem.

The current TradFiโ€ฆ

Blackrock manages $9.4T+ AUM. The capital comes from everyday people, but money managers control it. ๐Ÿ” Interesting Fact: Managers profit from management fees regardless of asset performance. This highlights the need for a better financial ecosystem. The current TradFiโ€ฆ
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0xP0sSum(@0xp0ssum) 's Twitter Profile Photo

In anticipation of our upcoming launch, itยดs always good to check where we are and where we planned to be.

Conclusion: Ahead of schedule

Portals V2 is just a few weeks away with upfront yield for USDC, ETH, WBTC, ARB, LINK and better UX via Adapters!๐Ÿš€

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0xP0sSum(@0xp0ssum) 's Twitter Profile Photo

Decentralisation, censorship resistance and immutability are not important.

...until they are.

Projects like Ethena Labs are centralised to their core. Your money can be gone in a heartbeat, or you need kyc to withdraw.

Tldr, they got you by the balls.

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Possum Labs(@Possum_Labs) 's Twitter Profile Photo

๐ŸŽฏ Community-centric DeFi = Positive Sum DeFi

Possum Labs was founded with a vision to establish a value-additive system that is net positive for DeFi. And for each of the people using the system.

Read more about our community-driven approach in this week's blog.

๐ŸŽฏ Community-centric DeFi = Positive Sum DeFi Possum Labs was founded with a vision to establish a value-additive system that is net positive for DeFi. And for each of the people using the system. Read more about our community-driven approach in this week's blog.
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Possum Labs(@Possum_Labs) 's Twitter Profile Photo

gpossum Travelers! ๐Ÿš€

The Funding Reward Pool of the $HLP Portal just crossed the 1M $PSM mark. ๐Ÿ“ˆ
๐Ÿ” What does this mean for you?

1๏ธโƒฃ 1M $PSM is locked up for the foreseeable future, i.e., will not re-enter circulation until redemptions become profitable
2๏ธโƒฃ Arbitragers haveโ€ฆ

gpossum Travelers! ๐Ÿš€ The Funding Reward Pool of the $HLP Portal just crossed the 1M $PSM mark. ๐Ÿ“ˆ ๐Ÿ” What does this mean for you? 1๏ธโƒฃ 1M $PSM is locked up for the foreseeable future, i.e., will not re-enter circulation until redemptions become profitable 2๏ธโƒฃ Arbitragers haveโ€ฆ
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