
kaledora
@kaledora
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building @ostiumlabs | prev harvard, bridgewater, ballerina @ royal danish ballet
Joined October 2020
i’m frequently asked why ostium doesn’t have funding rates on TradFi assets - presumably, these could be arbed for a new basis trade. the answer is we used to but got rid of them because they didn’t work due to liquidity & alternatives. TL;DR market structure is path dependent:.
@_ryandesouza @OstiumLabs lots of thoughts here. while I agree that in the long term there will be a market for funding rate arb on traditional assets onchain, in the near and mid term introducing funding rates with an ability to be persistently negative only introduces poor pricing for traders without.
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highly recommend: inventing words and trying to insert them into the common parlance (you need to be wordsmith maxxing). came up with perpification a year ago and seems to be working . PERPIFY EVERYTHING.
before tokenization: the perpification of everything. on why perps, not tokenized spot, is the real gateway to bringing RWAs onchain. and it’s already happening with @hyperunit (indexes), @ostiumlabs (equities + commodities), and @ventuals_ (pre-IPO stock) 🧵
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they tokenized my rant about tokenized RWAs.
Tokenized assets are cool, but they have a liquidity problem. Our co-founder @kaledora breaks it down:
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RT @SamoBurja: People who achieved great things were much higher energy and much wilder than prudent life advice would suggest.
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This week,@arbitrum protocols generated revenue. despite the fud and chaos, GMX still the No.1 perp on $ARB. GMX revenue increased by approximately 149% compared to last week and My favorite project OSTIUM is being Biggest TradFi and fastest growing project on arbitrum. Mark My
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