
⟠Palis⟠🐍
@palis
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product, design, tokenomics, gaming, meow meow @tubbycatsnft || free culture free agent || building ***.***
Joined April 2011
Born too late to explore the world, born too early to explore the universe, but just in time to drive combustion engine cars across the American highway
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Power went out but I cooked dinner unusually early first, God is so good
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Forget all the death threats and violence, this gotta be the craziest message of the whole fiasco
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The biggest liquidation flushes happen in bull markets and tend to be a requirement preceding violent uptrends Few
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Seems like the biggest takeaway everytime we get massive events like this is that onchain decentralized smart contracts operate as designed, and centralized systems routinely fail during these events
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My story yesterday was nearly reentering the market with size right before the crash but got lucky due to a little self-imposed friction Had a wallet with only stables set aside for tax money, no gas in the wallet to move them, about ~50% of my trading portfolio Past month
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CT seems to think Wintermute is the “bad” market maker, implying there’s “good” market makers in crypto If they exist in crypto I’ve never seen them. Have worked closely with maybe a dozen MMs during my time in crypto, and I don’t think there’s a single one who didn’t act in
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If you’re reading this and blew up your portfolio today and feeling lost, I want to remind you how many legends have been in similar circumstances to where you find yourself right now, and went on to succeed Anyone who’s hit rock bottom where they had to fight for survival, but
If you lost it all, it's not the end. Hit rock bottom many times & would've never made it to where I am today without those experiences. Never feels like it when you're going through it, but one day you'll be grateful for the tough times. Keep spinning. Dip Wheeler
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Do think crypto assets and onchain markets are *more* like the stock market or a video game?
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If you believe onchain rails are the future for finance it really feels like the highest valuation companies on earth will be stablecoin issuers, categorically able to scale to infinity and ride treasury yields Also hard to not see the most successful eventually be nationalized
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You know a bro is chopped 🥀 when he starts flexing watches on the timeline
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Upside of NFT strategy tokens is strong buy pressure and price reflexivity but punksOTC is correct that downside risk is that it creates a permanent price ceiling and potentially kills the collection As I pointed out in QT, issue with these tokens is they require NFT buyers to
For anyone curious about understanding PNKSTR and other STR tokens by TokenWorks with a level of financial literacy, I’ll describe what’s happening behind the game theory here: Recap of token structure [skip if you already know how STR tokens work] As most are aware, these
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“Kalshi isn’t really a crypto company” Kalshi: “Would half of CT on our payroll change your mind?”
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Easiest way to out yourself as a cryptopleb is to not know defillama is the most respected team in the entire industry
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For anyone curious about understanding PNKSTR and other STR tokens by TokenWorks with a level of financial literacy, I’ll describe what’s happening behind the game theory here: Recap of token structure [skip if you already know how STR tokens work] As most are aware, these
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Having a hot wife is a flex but its somewhat a competitive flex with mixed reactions Having a beautiful daughter however is pure respect and generational aura. You raise a daughter into a beautiful well-adjusted adult woman, every man on earth will love and respect you for it
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This was the true purpose of royalties all along
NEWS: A California judge ruled Bored Ape NFTs are not securities, tossing the class-action suit against Yuga Labs Unlike Top Shot & DraftKings, BAYC was sold on 3rd-party marketplaces, and royalties weakened the “common enterprise” link Major precedent for NFT securities law
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Prediction markets exoteric purpose is offering markets where you can make bets and profit by being right about the future But the esoteric power of prediction markets is the ability to use money to directly seed beliefs into the collective consciousness, and use the inherent
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