Blocks (hollowgrahm)

Leverage is the largest unmet demand in the ecosystem and it explains every crypto narrative thus far. ICOs, NFTs and Meme Coins are all instruments that are either going to zero or printing stupid amounts of profits. That's the only use case with proven retail PMF; speculation on leverage. hollowgrahm.substack.com/p/on-leverage

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Leverage is the largest unmet demand in the ecosystem and it explains every crypto narrative thus far. ICOs, NFTs and Meme Coins are all instruments that are either going to zero or printing stupid amounts of profits. That's the only use case with proven retail PMF; speculation on leverage. hollowgrahm.substack.com/p/on-leverage

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When are SHIFT grant applications opening? Website still says in March, which is now officially over.

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This is a solved problem because platforms can just choose to settle in yield bearing usdc wrappers like staked frax or dai savings rate. Hope it’s the lawyers holding them back from that decision cause if they haven’t without legal reasons then that’s either incompetence or financial illiteracy.

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