Crypto and Defi Explained
Crypto and Defi Explained
11/28/22 I’d like you to consider a question we only seem to entertain in the throws of a bull market: what if we’re right? There is a very real chance that the wealth we will have acquired in a few dozen years from this whole internet of money thing will be life changing not just …
11/12/22 With the recent implosion of FTX the topic of self-custody has become suddenly popular again. So, let’s review some strategies for how to self-custody your assets safely. I know some of this is intimidating. If this is your first time doing it, you have never been exposed to cryptography primitives before. It can all …
Sometimes people ask me why I’m passionate about crypto. Yes, there are fortunes to be made here but I’ve made money in stocks before with far less time and interest invested. It’s not simple curiosity. There’s endless knowledge to be gained in a variety of technical fields and I’m plenty curious about genetics and AI …
This post is targeted at more of a developer audience than my usual writings. Whatever technical jargon is here shouldn’t distract from the point too much if you just skim past it and keep reading. Whenever I see the too-often FUD about some country evicting miners, KYCing wallets, or suing some company or other I …
Prior to the beacon chain I expected that the borrow rates on money markets like Compound and Aave would normalize to something close to the staking reward rate APR. They clearly have not, and are still sitting under 1% most of the time. A surprising amount of capital has been just dumped there and left …
Today I’m going to dive deep into Element, the leading rate speculation platform and then compare it to its peers. Data from July 2nd. There is no token for this one (yet) but rate speculation platforms are a new Defi primitive that you might want to be aware of. The basic idea is to split …
Today I’m going to review some of the mechanics behind how Alchemix works and why this is one of the most bullish Defi projects for the entire Ethereum ecosystem. If you own ETH, this post should make you happy. So most people are familiar with the concept that Alchemix gives you a loan that you …
Follow up on the Ol’ Double Logris Alchemix play with some fresh alpha. So, I have talked to tokentax… so when you originate the loan, that is not taxable because it’s a loan. But the debt repayments would be taxable as income… Now, when this gets taxed nobody really knows. Is it when you withdraw …