Fishmarketacad
@FishMarketAcad
APAC DeFi BizDev @monad. Helping DeFi, RWA, or PayFi apps to be a rising star in Monad! DM me! Write and vibe in my free time. Views are my own.
I joined Monad at the start of this year and have since chatted with 100 DeFi startups. There are 2 fundamental questions I think about: 1. Is your app worth building? 2. Can your team execute it? Here are some lessons I learned from the teams who answer these questions best.
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ETH pumping while BTC is down? Something is wrong but i like it
Decentralization vs. Effective Governance: The $242M Zelenskyy Suit Bet Last few weeks, Polymarket saw a $242M bet on whether Zelenskyy would wear a suit before July. While seemingly trivial, this event exposed the deep tension between decentralization and effective governance…
Curious who will still be here after making it, let's say after hitting 10m usd for example.
Are we closer to the top or the bottom? My dad outperforming me by holding xrp is top signal right?
for avoidance of doubt, this is the detail that is correct
only one of these details is correct
The current prediction market design starts with the assumption that users come for alpha. I argue that there is an alternative paradigm where users would come for expression.
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to all our new nad tradoors you do NOT need to deposit on testnet — seriously just mint USD and start trading instantly take advantage of that testnet magic ✨
how to get started on celeris (the nad way) 👾 1. mint grouped USD (aka our trading juice🧃) directly on the trade page 2. sign txs to activate account you’re now fully armed & operational, go cook nads 🫡🔥
You’ve been playing a rigged game. Liquidation is a tax on volatility. We deleted that line of code. Here’s how liquidations actually kill traders and why we built something different:
Monad blocktime will be sub-zero once we get a validator in Antarctica.
need a validator in antarctica, has anybody been able to get past the ice wall?
On 19 May, 2021, I was selling "cash-secured" puts on Deribit as a proxy for yield-generating limit orders. I thought it shouldn't drop >20% in a day but it continued to drop. In the end, ETH crashed 46% in one day from $3440 to $1900 and I got liquidated. Good times.
Share a piece of lore about how you lost generational wealth because of liquidations. Early access to zero liquidations for everyone quoting this tweet with their liquidation stories.
which apps has the best UIUX for a permissionless token/memecoin launchpad?
High risk never killed traders, liquidations killed them. We’re not tweaking the old system. We’re rebuilding it. Tick by tick. Timelock is coming.