I am excited about all of the yield funds coming onchain and believe many will do well. I hope these products accept the 'Yield Fund' label instead of attempting to brand themselves as 'USD'. These products are obviously yield funds not stablecoins, and confusing these two

default call slots should be 15 minutes

It's so hard for me to buy regular tokens now that we have ownership tokens. Why would I take so much more risk for the same valuation?

Bali Slow Rug (named after founders who pay themselves $500K a year to work four hour weeks in Bali)

I only care about the output: global, permissionless onchain assets with investor protections. Futarchy is just a tool. The team at MetaDAO has taken this tool and designed an asset type (‘ownership coins’) that protects tokenholders against many of the most common token

This is the most interesting thing I have read about DAOs in a long time.

In protest, I am going to buy assets that trade below intrinsic value, thereby allocating capital to the highest and best use as determined by market capitalism and generating an above market rate of return

every damn time

huge win for tokenholder rights

We are close to the end of a >4 year token bear market. This is obvious if you understand why we have been in a token bear market to begin with — over the past few years, tokens have had low-to-no rights and traded at ridiculous valuations. Nobody has wanted to hold those assets

Stablecoins will not destroy bank lending but they will separate two pools of people: people who want to custody funds, and people who want to lend to local home buyers, credit card balances and SMB. Stablecoins mean people will come to you with presentation and ask 'Do you want

literally the best positioned firm to onboard the global underbanked pop - 500K locations in 200 countries - access to 1.4B underbanked people in the world how else are these people going to get onchain? Internet Finance begins with underserved markets x.com/TheiaResearch/…

'Imagine you're running a DeFi protocol that needs $50 million in TVL. In traditional finance, you'd call an investment bank. They'd structure the deal, negotiate terms, find institutional investors, and coordinate the capital raise.' This is actually a good explainer on Turtle

The upside/downside on investing in ownership coins is so much better than the upside/downside for VC investments ownership coins: venture upside + a few months of runway down eg 40% loss (and quick recycle) VC: venture upside + 100% loss Run that through a Sim

It's so good I literally don't want to tell you about it so we can get more allocation in these ICOs but I have to because we also own MetaDAO

yes but 'all the data in onchain' is only as good as the participants. we are definitely getting to the 'tech is good but we just need smarter people' phase of crypto.

Where are you guys going? Revenue supercycle is just getting started.