hold $CONDO, earn $ONDO. @LandlordBenBot CA: 6c1yyJi2uy5kQ1CWcECMFPHp2SspfH1rxDr1Ecnjy9G

Joined November 2021
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sending supply to a big name is one of the oldest moves in memecoins. it almost never works. we found a way to make it work on @LaunchOnSF 🏢🧵
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think in condrillions
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the HOA believes Ondo isn’t thinking big enough. why stop at tokenized stocks? we want tokenized Pop-Tarts. tokenized Jordans. tokenized Costco chickens. a Whole Foods avocado oracle. 24/7 minting for groceries. fractional ownership of pizza slices. yield-bearing refrigerators. and a Wall Street tokenization center where you can bridge your microwave to Solana. the HOA sees a future where nothing remains offchain. not even your lunch. 1 ONDO = 1 CONDO
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A community member just added a banner image for Solana token $CONDO on Moby 🖼️
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"what is tokenization?" owning a real asset as a token, onchain "so… like owning a condo?" exactly. and some assets even pay rent. welcome to the CONDO. ours is paid in ethereum:0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3.
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someone spent six figures on a full page to keep you out we fixed it for free
Full page ad in WSJ against tokenized equities:
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Condo will win
Solana will win
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What's wrong babe? You haven't touched your Ondo spaghetti
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Ondo has >$1B TVL in tokenized stocks alone Looking at Securitize's new stocks, looks like they have ~$600k and ~100 holders. Hundreds?
Ondo's tokenized assets, worth $4.02B, are held by 555,157 addresses. Securitize, the platform behind BlackRock's BUIDL, holds $4.34B across 1,459 holders, so Ondo has more than 380 times as many. @Ondo
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ondo thinks in trillions we've been thinking in condrillions it's like a trillion but with a doorman
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Extreme Alpha in the wild
On Friday, I'm starting a live experiment: $50,000 in a basis trade on @OndoPerps. Every position, every funding payment, every mistake: all public. In my previous posts on this matter, I've explained the concept: you'll buy the tokenized stock at ONDO, short the same amount via the perp, and collect funding while price direction becomes irrelevant. With these posts, I'd like to showcase how easy it is to do this as a regular investor, as this strategy is very common within Wall Street and other big firms. Here's the plan. The Setup I'm deploying $50,000 of capital on @OndoPerps over the coming weeks. Every position is the same structure: → Long the tokenized stock (for example NVDAon), use this as collateral → Short the same size on the perpetual future → Net delta exposure to the markets: zero If the stock moves up or down, it doesn't really matter as I'm genuinely only hunting the funding rate. The Rules 1. I'm not taking directional bets. If I can't hedge it 1:1, I'm not willing to take it. 2. Only assets with enough liquidity (the biggest risk is a liquidity wick that takes out your position). 3. I rotate towards assets with the most consistent funding, so I don't have additional risks of slippages and other fees. 4. Leverage stays low, especially since I'm looking to just spot buy the tokenized stock, there's no reason to loop this. The Risks → Funding can flip negative. When more traders are short than long, you pay instead of collect. → The spot token and the perp price can drift apart temporarily, especially around earnings or market open. This does happen during weekend times too, and that's also when funding rates go up or down heavily. → Fees and spreads eat into returns. A 10% gross yield isn't a 10% net yield. → Platform and smart contract risk. You're trading on-chain, so that comes with the territory. I don't think there's any risk with ONDO, but still, it needs to be mentioned. What I'll show you Regular updates with: → Which positions I'm in and why I've decided to take those. → The funding I've collected and the annualized returns. → The fees I've paid. → The net annualized return in percentage and actual dollars. I'm really looking forward to this, as one of my primary goals isn't to be directionally long on #Crypto for an extensive period of time. Much rather, I'd want to be looking into consistent returns after this cycle and this is the first step towards that level.
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1 ondo = 1 condo
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gcondo to all our tokenization enjoyers on @solana 🏢
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🏢
.@solana added +$212.6M in tokenized funds in the past 24 hours. 89% of all tokenized fund growth across chains, almost 10x @StellarOrg in second. Data: @tokenterminal
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it’s a good day to believe in something we believe rent is due.
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As we all know, trading volume is one of the easiest metrics to game. The real test of product-market fit is whether an asset delivers enough utility and value that people actually want to hold it, not just trade it. That's why TVL matters. @Ondo has $1.34B vs. Backpack's $35M. Sustainable adoption > headline trading volume.
Backpack did ~6x Ondo's onchain stock volume in September on a fraction of the supply. Supply isn't demand.
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solana RWA szn is so back
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Welcome to the tokenization supercycle.
Replying to @KobeissiLetter
Welcome to the tokenization supercycle.
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more solana momentum
Replying to @jumperapp @Ondo
More Solana momentum
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