John P ↑🎩🔵🤫 (johnp)

Some invite codes SJTBOW KAJQFN BXM4XY

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Claiming my /scoop profile with address: 0x3dff087E3E6E16a3cc36d17CDb96F0878325CE3e let the scoop wars begin 🍦

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Anyone need an invite code? I've got one

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Love the show! Have to agree with @kaimi…I like the intro too.

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I'm a big fan of both shows. And I definitely agree that it's a great point in favor of the ETF. Matt made the point that the surveillance-sharing agreements needed to ease the SEC's key concerns around market manipulation may not work for ETH because of DEXs. I hadn't heard this point except on his show.

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Great discussion on the broader market impacts on Ethena! Isn’t there a flip side to discuss on the impact on ETH? If this product is successful, lower funding rate -> cheap leverage -> more leverage in the ETH ecosystem. Couldn’t this lead to larger volatility?

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It might not be bias. Uniswap does more volume than CEX's like Coinbase, which has implications for price discovery, price manipulation, etc. @mattwalshinbos mentions this but I haven't heard it on other pods like @sassal.eth. Matt can recognize when small facts lead to big implications like with SAB121.

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