TLDR;
- SBF to save Blockfi?
- Uniswap now owns an NFT marketplace (GenieXYZ)
- @Cov_duk teaches us how to be less degen
- @JackNiewold talks about how the weakest part of crypto is (you guessed it) its users
- And much much more (threadoooors were in full force today)
1/ @BlockFi secures a $250 million line of credit from @FTX_Official
1) Today we’re injecting $250m into BlockFi and partnering with them so they can navigate the market from a position of strength.
Zac Prince @BlockFiZac
2/ @Uniswap to allow the purchasing of NFTs after acquiring @geniexyz
1/ The Uniswap Universe is expanding 🦄
In pursuit of our mission to unlock universal ownership and exchange, we’re excited to share that we’ve acquired @geniexyz — the first NFT marketplace aggregator — expanding our products to include both ERC-20s and NFTs 🧞♂️
3/ @Cov_duk on how to become a better crypto investor
I’ve studied 100s of mental models to become a better Crypto Investor.
Here are 7 of the most important mental models 🧵
4/ @JackNiewold on the self destruction of crypto by its users
Crypto is reaching a breaking point, and it has nothing to do with the Fed, Celsius, jpegs, or DeFi.
It's us.
We, the users, are destroying crypto.
Let me explain:
5/ Apefest looks lit
Bonus Brain Food 🧠
📙 @ellochewy on what he learned from the Terra collapse
Finally got around to writing my thoughts on the Terra Luna collapse. I share my perspectives on due diligence, coronating winners, and illusory superiority amongst other things
📙 @AnthonyLeeZhang speculating how OHM could be a central bank that bails out struggling protocols
OHM could, in principle, do "central banking" / bailouts, SBF-style. When stuff blows up, OHM could print a bunch and bail out protocols with liquidity issues
📙 @DrNickA on soulbound tokens and what it will mean for the space
Ok, time to start looking at where we’re going to next.
You might have heard about DeSoc and Soulbound Tokens (SBTs) recently.
This article is about SBTs, the stuff I love about crypto, and the stuff that’s in my nightmares.👇
thecryptospace.substack.com/p/soulbound
Daily Degen 2022 June 22 🦍📓