
Akhil 🐿️
@Akhil0x
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Liquidated Mogger | prev. community @PolynomialFi 📚
Joined August 2013
RT @phtevenstrong: 1) Bulls love basis, @ResolvLabs . If you're bullish, there is virtually no better stablecoin play than $RLP. It's simi….
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RT @VitalikButerin: The best way to build an L2 is to lean into the L1's offerings (security, censorship resistance, proofs, data avail. )….
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everyone concerned about @pumpdotfun about a 1 billion raise and thankfully ignoring $500m raise from american president for @worldlibertyfi raise of $500m million. no pmf, a simple @aave fork and hopes and dreams of a american president pumping the chart with $500m.
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people who are longing $PUMP on @HyperliquidX is paying 520% APY to shorts. you can buy $PUMP on spot and short the same amount on perps to earn the 520% in funding rate. delta neutral and earn @hyperunit airdrop.
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long 1000 sol on lighter where you pay 10% in funding short them on hyperliquid to earn 23% apy. the strategy is delta neutral and on @Lighter_xyz you pay the funding and on @HyperliquidX you earn funding fees. you keep the delta between the trade+ earn lighter points.
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general purpose L1s make no sense.
Hot take: general purpose L2s make no sense. The tokens of these L2s aren’t used for gas, and also aren’t used for governance because the chains have centralized sequencers and security councils. Maybe the reason why these coins go down only, is because they’re worthless?.
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