Miri está dejando caer demasiado alfa para ser honesto casi no quiero RT pero es 100% cocalphaine colombiana de grado puro "AFAIK solo @eth_strategy está preparado para este cajero automático"
☀️miri.🐻⛓
☀️miri.🐻⛓19 ago, 19:10
funniest outcome is DATs following the same path as @OlympusDAO: >blowing up from full (9,9) >multi-year bear >survivors adopting combo of Cooler Loans / YRF / RBS they would then: >lend against holdings via SPV >earn on borrows + trsry deployments >use yield for cont. buybacks + building liquidity reserves (cash & cash eqs) >protect NAV floor with reserves (no selling BTC/ETH) >create vehicle for perp lev exposure to NAV premium (a la @origami_fi hOHM) i.e. making the reflexivity more asymmetrical like present-day OHM and becoming procyclical on the way up / antifragile on the way down (vs being procyclical both ways like DATs are now and OHM used to be) AFAIK only @eth_strategy is primed for this atm if any other DATs want to skip the blowing up part and learn from mistakes of the past feel free to DM
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