Solana Legend πŸŽ’ (@solanalegend) 's Twitter Profile
Solana Legend πŸŽ’

@solanalegend

Co-Founder, Managing Partner @_Frictionless_, @monkeDAO
Opinions are my own, not investment advice

ID: 1422676808911269893

linkhttp://backpack.exchange/refer/legend calendar_today03-08-2021 21:53:43

20,20K Tweet

188,188K Followers

4,4K Following

Solana Legend πŸŽ’ (@solanalegend) 's Twitter Profile Photo

The world is quickly moving towards more speculation and financial nihilism. Some brief thoughts of where we are and what's required to take things to the next level: 0DTE options (expiring the same day they are purchased) have gone from 6% of SPX options volume in 2016 to >50%

Solana Legend πŸŽ’ (@solanalegend) 's Twitter Profile Photo

Crypto hasn't succeeded until - "Crypto apps" are just apps - Crypto finance is just finance - Stablecoins are just money - People don't know which L1 their apps are running on - We go from tens of millions of active crypto users to billions - The world's assets are tokenized

Solana Legend πŸŽ’ (@solanalegend) 's Twitter Profile Photo

At some point in the next 6 months, a remixed 228 proposal is going to pass and Solana's LST ratio is going to go from 11.5% to 20%+ Then everyone is going to realize that an ecosystem's native emission rate is essentially its interest rate and cutting that amounts to a rate cut

Solana Legend πŸŽ’ (@solanalegend) 's Twitter Profile Photo

The only crypto company in the latest Y Combinator batch, Axiom is the fastest company to reach $100m in revenue on Solana. Probably has generated more revenue than all other companies from this batch combined

Michael Pinto (@michaelpinto_) 's Twitter Profile Photo

L1s are now outpacing most US public companies by revenue. Internet Capital Markets are heating up. The total TTM (trailing twelve-month) revenue for US stocks tops $22T. Solana now ranks in the top 30% of companies, generating over $2.1B annualized real economic value

L1s are now outpacing most US public companies by revenue. 

Internet Capital Markets are heating up.

The total TTM (trailing twelve-month) revenue for US stocks tops $22T. 

<a href="/solana/">Solana</a> now ranks in the top 30% of companies, generating over $2.1B annualized real economic value
Michael Pinto (@michaelpinto_) 's Twitter Profile Photo

Internet Capital Markets are offering companies an alternative route to liquidity, and it’s happening on-chain. In a past life, I was allocating capital at a multi-billion-dollar fund of funds, backing emerging managers, established firms, and making direct investments into

Internet Capital Markets are offering companies an alternative route to liquidity, and it’s happening on-chain.

In a past life, I was allocating capital at a multi-billion-dollar fund of funds, backing emerging managers, established firms, and making direct investments into
Solana Legend πŸŽ’ (@solanalegend) 's Twitter Profile Photo

We are so early in DeFi that people are 1) paying for transactions to land instead of getting paid 2) being a LP is unprofitable because makers get picked off This market dynamic is going to get completely flipped on its head. In the future we will have PFOF + better liquidity

Moby AI (@mobyagent) 's Twitter Profile Photo

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Solana Legend πŸŽ’ (@solanalegend) 's Twitter Profile Photo

Private jets are so 20th century People will be taking suborbital/orbital boosters from one side of the planet to the other. 30 mins from New York to Australia

Private jets are so 20th century

People will be taking suborbital/orbital boosters from one side of the planet to the other. 

30 mins from New York to Australia