guanaco
@stefwynendaele
Managing Director at @keyrocktrading | Collector | @GrailersDao | Terraformed | B&W aficionado | advisor @TiogaCapital | Personal opinions only
Welcome to the crew my man!
Excited to share that I’ve joined @KeyrockTrading! I’m stepping into a Senior BD/Strategy role to help expand our presence in the US, both corporate & institutional. Stoked to work with @guanaco_xyz, @rvrswim, + others across the OTC/MM/Options teams & learn more about markets.
Hear hear. Industry is converging to a just a handfull elite level service focused market makers out there. Your looking at a nice chunk of that market here on your screen.
If this industry could simply engage with serious people and stop calling P&D and other manipulation ’ market making ‘ , things would be so much simpler. I am acutely aware that the manipulators like the confusion because it adds to their brand. Don’t be fooled. And If any ‘…
We’ve been pro-actively sharing real time market making performance for over 7 years. I consider ourselves a first mover on the matter. But transparency needs more than that. It needs independent ambition and tech. It was an obvious commitment for us to become one of the first…
Today we’re announcing Coinwatch Track - a new way for crypto projects to see what their market makers are doing in real-time, using their API keys.
Mute the world ‘delist’ for the next few weeks and thank me later
To the world: Just work with Keyrock. Not even going to sugar coat it anymore. We are called the most boring market maker for a reason. Second point for the world: 95% of BS is a direct instruction from token issuer founders. Sprinkled with a referral from their favo VCs
One area of crypto mkt structure that seems very opaque and weird to me still is market maker <> token issuer / foundation relationships. I would guess this is responsible for a lot more issues than it gets credit for. Feels like in the last year there have been several "our…
Heading to NYC again this week for @solana Accelerate with @WClementeIII and @soutos_sol. Hit our DMs if you are in town. If you happen to have spare Knicks seats and don’t know what to do with them? Well… give me a call.
Boring is the new cool 🫶
After everything that has happened with market makers I can say that at Lambda we only trust @KeyrockTrading. Keyrock is boring and tradfi like. That's what you want in a market maker. People you can trust and work together for the long run.
May the odds to such ‘mm’ be ever be in their favour
17/ But the discretionary arrangement MM also has a different way of making money. If it thinks the project is net bearish (i.e. it will be down after 1 year), what it can do is to sell tokens loaned to it early, and buy back tokens at much cheaper after 1 year to repay the loan.