Price was always some kind of signal, but not the main signal. The narrative that the price was telling was always the noise. That was for the crowd, never for me, and that's exactly what let me get where I am today.
Without the extra moves. I never panicked. That's how I held
The real next wave of retail is people with wallets using stablecoins as one of their native payment solutions. Once those stablecoins sit on the public blockchain, you can basically do whatever you want.
You can connect your wallet to DEXs, and many wallets have built-in
Quick update: the title of my keynote at @stable_summit is now “I Pay Your Yield – a trading desk’s view of stablecoin carry.”
Same topic, more focus on the carry and where yield actually comes from on the desk side.
Still 12:35–12:50 PM, Studio 5, November 13.
stablesummit.xyz/agenda
BR Labs just published a new report on @berachain, the L1 that went into launch with more than $3B in pre-launch deposits and peaked at $3.31B in TVL, only to fall to $32.7M by October 27.
Our team went through what happened once the rewards ran out, including the July reform,
Berachain is a clear case of what high-FDV launches with pre-liquidity face after incentives end.
- >$3B Boyco, $3.31B peak TVL
- PoL reform improved staking returns
- Volume and stables kept falling
Demand didn’t hold.