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semaji.eth
961 posts
semaji.eth
@semajeth
Joined November 2021
My second post on Substack, on @Uniswap's v3 update, is live! In short, it is a commentary on the broad unprofitability of v3 LPs (in particular passive and retail) and Uniswap's neglect in ameliorating the issue.- Messari shilling our DPX bags, you absolutely love to see it. If you don't think @dopex_io, @tztokchad and the boys are going to ruthlessly colonise the decentralised options space you're stuck in Q3 2021. This is a trillion-dollar market: you're earlier than early. #dpx #rdpxReplying to @MessariCrypto3/ @ribbonfinance popularized structured products in crypto and subsequently dominated the sector until Q4'21 when other protocols began to launch. @Dopex is now rapidly catching up, as well as @friktion_labs and @Katana_HQ, however the TVL gap remains relatively large.
- Insider trading is fine, actually, because it helps people get information quicker! Exactly what utility was derived from potential knowledge of the Nobel Prize winner a day earlier is left unmentioned for obvious reasons (there is effectively none whatsoever).Replying to @bohumiloThat's what I told the student, that I wasn't actually that bothered by insider trading in these markets because it helped everyone else get information more quickly and reliably which I view as their main benefit.
- Anyone who is posting "How I made 100k on Polymarket via Arbitrage" type threads should be required to dox their wallet. There is already one notorious larp who has received thousands of followers off total fabrication of his own profitability. This is predatory behaviour.
- "We're currently exploring Atlantic options for @dopex_io, which are a cross between European and American options" - @Tetranode Huge. As far as I know, this would be the first-of-its-kind in crypto. Atlantic options aren't directly accessible anywhere else. $DPX killing it.
- Replying to @stormrdoteth and @gainzxbtPlease no don't encourage him with these cursed iterations
- Replying to @cyounessi1It is a difficult, thorny issue that provokes strong emotions for good reason. Let us get the obvious out of the way: it is likely the most profitable move to jump ship from ETH to a series of generically-designed centralised VC-vested L1s as they pump, before returning to ETH
- Replying to @0xfbifemboy"Suppose FTXA is trading at $1.00 and FTXB is trading at $0.00, which one might naively consider to be worthless. Is there an arbitrage here? Poll below."
- Great article on Uni v3 from @gammaswaplabs: really gets going when it argues that the lowered returns v3 LPs face vs v2 LPs is partially caused by Uniswap only allowing the selling of volatility, not the buying, thus creating IV market inefficiencies.
