hibiscuscultivar (@hibiscuscultivar) • Hey

Publications

BTC.D will take out 60% and 70%. But how about 80%? https://hibiscuscultivar.substack.com/p/can-bitcoin-dominance-reach-80-a
Lido fights back against self-limit false dichotomy and goes for gold. I started a new blog diving into Lido's value proposition. https://open.substack.com/pub/hibiscuscultivar/p/lido-aqua-man-in-the-arena?r=13dvms&utm_campaign=post&utm_medium=web 1. Lido's dominance emanates from solving major problems of staking - 32 ETH entry barrier, flexibility to participate in composable money lego, and technical difficulties. Lido created an easy-to-use solution. For the majority of ETH holders liquid staking is the best way to stake. 2. Lido's brand, network effect and deep liquidity - the flywheels that created a giant. With 4x M/S of nearest competition and 8X deeper liquidity, Winner-Takes-Most market dynamic isn't going away 3. Self-limit is a false dichotomy. Lido seeks dual governance and decentralization. Lido is pushing for radical node-operator expansion, and modular architecture based on DVT (Distributed Validators Technology). 4. I followed up on @Arthur_0x good work and created a calculator for you to come to your own conclusion(link). It's my belief that Lido could 7-16x its DAO revenue.Assumption breakdown in my blog post but the key takeaway: ETH vol and staking ratio are the two most important factors driving the LDO value proposition. LDO is the most reflexive cashflow-backed token. Remember Lido's revenue is accrued in ETH. NFA/END
https://open.substack.com/pub/samuelandrew/p/the-dankest-eip?r=13dvms&utm_campaign=post&utm_medium=web Sam's writing is first class
Flippening won't happen simply because ETH is mis-priced. An easy first step is for all L2s + ZK layer pushing up the % vs. BTC. We are likely to see EVMs pushing close to 65%. There's only so long you can keep a beach ball under the water.
Choke Point X.0 has historically been a failed tactic for governments who feel the urge to over-regulate. Gold Reserve Act of 1934 explicitly prohibit ownership and trading of the precious metal. A successful challenge only came in 1975. This too shall pass. #btc
Just like that, @hasufl is back. Season 4 of Bell Curve on MEV could be its best yet
Built on @memester-xyz.lens
I am Coinbase #coinbase
$GHO
btc.D
If a user holds 1 $gtcETH for 1 year earning a 5% APR during that time, their token would ≈ 1.03 ETH and they will have given .0175 ETH to Gitcoin At an ETH price of $1700, that contribution would be worth $29.75 The average historical contribution to Gitcoin Grants is $14.26
Credit Suisse feeling the heat
Ramen addiction - Tori Paitan. More like a pale-tan. Need to up the Tare game.
Moment's Notice Season 3 Episode 2 @cobysey @maria.grapsa @mohaguewel @robertstillman @cludedeppa
Welcome to YCC
Sample this, cold rainy Friday in Nola