R&D @MANTRA_Chain. Ex-FinProf building the sovereign EVM layer for Real World Assets & Stablecoins. Based in HK 🇭🇰
Not Financial Advice
Joined April 2015
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This $1 B in #DeFi is nothing.
Mark my words. TVL as measured by @defipulse will hit $10 B by the end of the year.
Elon adopting the CPO Rush strategy where product guys from the past sign up for 6 month sprints to send X into space.
I’m joining the team at @X to lead Product.
I am a huge believer in @SpaceX's mission to extend human consciousness to the stars, so it’s time to make shitposting multiplanetary.
X is the best way to find out what’s happening in the world right now and talk about it. The team has been working tirelessly to make X a better place and product for the people who love it, and many have noticed the recent momentum. My goal is to help accelerate that momentum for our community, new users, and businesses globally by continuing to make this product beautiful and useful.
We are twenty years in, but it truly feels like X’s next chapter will be our greatest. I look forward to your ideas and feedback; I’m sure the replies will be measured and magnanimous.
hey @grok estimate the max bench press LaNorris Sellers can do. Here he is with one 180 lb man pulling on his leg and another 180 lb man on top of him and he is still able to hold up his entire weight with 1 arm, and then still flip his entire 220 lb frame backward with that arm.
No matter where you are in your life, if you are still alive it means that you have solved 100% of all your problems so far, because you are still alive.
- @jayantramanand
5/ In short, the solution to RWA liquidity must include all 4. RWAs need high-quality, liquid memecoins, perhaps more than any other asset onchain.
Traders park quote currency wherever the action is. If that action lives next to tokenized stocks, then capital will flow there.
6/ My money is on the chains and front-ends and api's and other tools that let people move between both in a couple of taps.
Bringing RWA liquidity onchain is a job for everyone.
Full breakdown here:
RWAs finally have real issuance. Now they need real liquidity.
$3.4b of tokenized stocks sit onchain, but only 6-7% of it is in DeFi.
Every $1 of stonks needs roughly $1 of quote currency beside it. Here’s why RWA liquidity is now job #1 for everyone.
ICYMI: Here’s my article on how memecoins, L1 gas coins, and DeFi tokens are just as important as stablecoins when it comes to deep RWA liquidity.
RWAs finally have real issuance. Now they need real liquidity.
$3.4b of tokenized stocks sit onchain, but only 6-7% of it is in DeFi.
Every $1 of stonks needs roughly $1 of quote currency beside it. Here’s why RWA liquidity is now job #1 for everyone.