399
Chad🎩

@chad #399

chad.degen.eth // Current: BizOps @ Alluvial, Prev: Cambridge Associates, 6th Man Ventures, Blockworks, Amherst Math & Econ /observations
2249 Follower 1114 Following
forever thankful for /degen for seeding my memecoin/ai/shitcoin/leveredlong/alts portfolio back in april.

came for the memes and stayed for the trenches. i wouldve loved ww1.
Liquid Collective x Anchorage ✅

the infrastructure to service the staked eth etf market is quietly being built and integrated across the ecosystem

gradually, then all at once…

https://x.com/anchorage/status/1864671165081637230?s=46&t=u6o7SOTub6brLSlZJtA8Ig
took a regret minimization framework decision to leave tradfi to work in crypto full time

i could not imagine the feeling of intense regret i would have had seeing the recent price action and still making PowerPoints; optimizing client portfolios to beat an aggregate benchmark return of ~6%
still interested in finding this out.

given they dont have LPs, ie they dont need to mark up their books, are they just holding them at cost until realized??
Announcing Alluvial’s Stake Management System: https://alluvial.finance/introducing-sms/

SMS makes institutional staking flexible and efficient, empowering businesses to optimize staking strategies through advanced automation and seamless multi-operator configurations.

One staking orchestration to rule them all...
are all venture investments held at cost on the BS? Or have they marked at few at market?
the longer ive been here the more i agree with the fat application thesis

those who can indiscriminately set fees on users whos demand for an asset or user experience are seemingly inelastic will be the ones who can extract the most value.

bullish coin.
dude next to me in the sauna was trading XRP on coinbase

we are so (respectfully) fucking back
It’s wild that most small businesses pay 3% in transaction fees while their ebitda margins net out to around 6%.

using stablecoins for payments will transform how businesses operate and retain value - and I'll be here for it
whos building the infra to auto-convert staking rewards to dollars?

for sol, this could be a killer product for fis: dollar-hedged staking rewards.

It limits principal exposure to price risk while offering ~8% current yield with crypto’s venture-like upside. All with simple, one-click opt-in.
Memes are a net positive for Farcaster and crypto.

While not everyone sticks around, more people are being exposed to the interesting things happening here, and many will stay for exactly that.

even if only 1/10 people who buy the next meme coin end up reading the Bitcoin whitepaper, those who do often stay for good.
We'd likely have bigger issues as a society from a cryptographic security perspective if quantum computers existed tomorrow
This is still true!
glad i put this trade on this year. sometimes you just have to wait 🙂
this was in fact a good trade.

officially closed out
i miss receiving formal education. getting wow'd by math professors was the best.
need a new daily trainer (about to hit 300mi on my current)

any suggestions?
once we start to explain lsts as akin to a pik bond, more people will start to understand
who’s in NYC for Messari this weekend?

would love to connect!
ill try not to light $20k worth of eth on fire buying “digital artwork” this cycle
the reality is, outside of bitcoin as a “digital store of value” - most of my normie friends still dont give a shit about crypto
Reread “Good to Great” this week

Biggest takeaway this time around:

- Don’t hesitate to cut loose those who can’t perform.

-Better for the org, better for the person.
best books/resources on poker basic strategy?