Westie 🟪 @WestieCapital Twitter profile

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@BinorRaja

Westie 🟪

@WestieCapital

3 years

Today LFG announced they have raised $1 billion dollars to form $BTC reserve for Terra's $UST, lead by Jump Crypto and Three Arrows Capital. Here I explain why this deal is extremely important for Terra's stability, $LUNA's value capture, and future developments of LFG 🧵

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@WestieCapital

2 years

"Fat Protocol Thesis" is dead "Fat App Thesis" is here to stay A 🧵 on the biggest paradigm shift in how we will value crypto tokens going forward (x/16)

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Westie 🟪

@WestieCapital

2 years

FTX is reported to have an $8B hole in their balance sheet based on liquid assets, an absolutely insane number. I have a theory as to how it got that big: FTX's liquidation engine broke down, leaving them and Alameda with huge losses I'll explain below 🧵 (x/14)

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Westie 🟪

@WestieCapital

3 years

The stablecoin panel today is extremely bullish for $LUNA. Large part of the discussion is not allowing centralized stablecoins to be used in DeFi, in payments only. If regulation happens in this way who do you think is going to take over that liquidity 👀

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@WestieCapital

3 years

ATHs make a good time for a life update... I will be joining @Blockworks_ as a Research Analyst with a focus on Terra and its ecosystem!

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Westie 🟪

@WestieCapital

1 year

What people don't know about Coinbase's L2 Base is that it has accrued over $700k profit in just three days. This is ~$85M on an annual basis. Imagine once the Wall Street analysts find this out.

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Westie 🟪

@WestieCapital

2 years

The Shanghai upgrade for Ethereum is currently targeted for this March. This will enable staking withdrawals for the first time since people began staking their ETH in 2020. However, most people don't yet know how the exit queue works. I'll walk you through it step by step 🧵👇

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Westie 🟪

@WestieCapital

3 years

Do Kwon being simultaneously one of the most ambitious builders in the space while also being a Tier 1 reply guy is honestly incredible

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Westie 🟪

@WestieCapital

3 years

I firmly believe Columbus-5 is going to be the catalyst for absurd parabolic growth for $LUNA. There has been a lot of great content about why this upgrade is incredibly important, but I want to add some of my own thoughts to the discussion 👇

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@WestieCapital

3 years

$LUNA sentiment seems a lot like May 2021. It came out of that stronger than ever. Zoom out to all the protocols, fintech applications, games, and [REDACTEDs] coming soon and realize this is just short-term bear market fear and panic. My confidence has not wavered a bit.

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Westie 🟪

@WestieCapital

3 years

We just burned 200,000 $LUNA in about 5 mins 😳

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Westie 🟪

@WestieCapital

3 years

$UST going to Solana, Ethereum, Binance Smart Chain, and across the Cosmos Hub through Wormhole and IBC this week, $UST pairs coming to Binance soon, @NexusProtocol opens up vaults next week, and so many projects are hinting at an imminent release. How can you not be long $LUNA?

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Westie 🟪

@WestieCapital

3 years

You’re telling me $1 billion was just the beginning? 🧐

Do Kwon 🌕

@stablekwon

3 years

The Terra Protocol will be one of the largest holders of $BTC @saylor beware

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@WestieCapital

2 years

This is a major test for $UST. $2.6 billion in deposits withdrawn from Anchor within 36 hours, peg fell as low as .987, 300m Curve liquidity withdrawn. It's not quite over yet, but if it survives will be the biggest test it's seen yet. 4pool gauges beginning tomorrow could help

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Westie 🟪

@WestieCapital

3 years

My long term thesis on $LUNA in a few short steps, a 🧵: 1. $LUNA as a bet on Terra blockchain growth 2. $LUNA as a bet on Terra going cross-chain and mainstream 3. $LUNA as a bet on DeFi as $UST becomes the largest scaled decentralized stablecoin 4. $LUNA as an inflation hedge

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Westie 🟪

@WestieCapital

2 years

Luna was just ahead of its time

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Westie 🟪

@WestieCapital

3 years

@binance $UST pairs confirmed

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Westie 🟪

@WestieCapital

3 years

Lot of Europeans pretending to be excited about baseball today 🤣

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Westie 🟪

@WestieCapital

3 years

$ASTRO is honestly my highest conviction bet beyond $LUNA. Will easily be a billion $ protocol

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Westie 🟪

@WestieCapital

2 years

Yes, Shanghai means a lot of ETH is being unlocked, but how much of that will actually be sold on the market? I'll give you my estimates below 🧵 (Hint: it's probably not as much as you're expecting)

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Westie 🟪

@WestieCapital

6 months

MarginFi might be the biggest fumble of the cycle. All you had to do was not disrespect your users time and time again and you were set up to be the biggest lending protocol on the fastest growing chain. I can't believe it

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Westie 🟪

@WestieCapital

3 years

Is Saylor buying $LUNA tf just happened?

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Westie 🟪

@WestieCapital

3 years

$LUNA funding on Binance is still negative lmaoooo

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Westie 🟪

@WestieCapital

2 years

These are the people that should take priority in a fork. Not any other stakeholder, period

📈KC

@LearnCrypto_365

2 years

yea I held UST,my savings,all my dry powder,all the way down to about $.14 in the promise that @stablekwon would rescue the peg. I totally agree, I didn’t want to add to the bank run and I wanted to give @LFG_org time to fix UST, but once they didn’t hold up there end I LOST %80.

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Westie 🟪

@WestieCapital

3 years

I truly think $LUNA ’s stablecoins will become the money layer of the internet. Censorship resistant, scalable, robust, flexible and programmable stablecoins that are far more useful than their fiat counterparts. And in turn $LUNA becomes an elite store of value

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Westie 🟪

@WestieCapital

3 years

$UST is money

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Westie 🟪

@WestieCapital

2 years

Aptos is now the largest alt-L1 by FDV at $14B. The only token on the chain you're able to buy with sufficient liquidity (that isn't a dog coin) is a launchpad that's only ever launched its own token.

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Westie 🟪

@WestieCapital

2 years

Opening Day for the Nationals 😍

𝙼𝚊𝚛𝚌 𝗚𝗼𝗹𝗱𝗶𝗰𝗵

@MarcGoldich

2 years

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Westie 🟪

@WestieCapital

3 years

$LUNA stakers are about to enter airdrop szn I’m so excited

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@WestieCapital

3 years

Way too many impatient $LUNA-tics who can’t deal with consolidation. There are so many catalysts coming and once you step back you understand we are just beginning. We are about to see @alice_finance bring millions of normies to use UST, allowing them to pay anywhere to anyone

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@WestieCapital

3 years

I have recently expressed my excitement for $ASTRO, here I explore @astroport_fi 's differentiators from other AMMs, the value accrual of the $ASTRO token, the platform's performance to-date, and my overall thesis for the project's potential success

Astroport: Exploring Terra’s Space Station

(This should not be taken as financial advice, cryptocurrencies can be incredibly risky. Consult a financial advisor before making any…

westiecapital.medium.com

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Westie 🟪

@WestieCapital

2 years

Why stablecoin swap pools on @astroport_fi are the biggest opportunity in Terra DeFi, allowing for increased revenue and TVL spanning many protocols, reduced stress on Anchor yield reserve, and the creation of a pillar for the sustainability and peg of $UST A 🧵

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Westie 🟪

@WestieCapital

2 years

To the Terra community, I truly feel sorry for whats happening right now, just know I’m right there with you. Ignore the people gloating, karma will catch up to them eventually

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Westie 🟪

@WestieCapital

3 years

I tried my best to do a very difficult task: Predict $LUNA's future price based on the assumption of $10 billion of $UST being created this year Summary below👇

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@WestieCapital

3 years

People are still heavily fading $LUNA and $UST over 1yr despite - $3 billion in $BTC reserves that will be continuously growing - backing by largest capital allocators in the space (Jump, 3AC, etc.) - Only decentralized stable with direct interaction with the real economy

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Westie 🟪

@WestieCapital

3 years

I’m all in $LUNA for the first time since September and honestly will probably keep it this way for a while. Don’t see a higher R/R out there rn

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Westie 🟪

@WestieCapital

3 years

At this point I am so resilient to any $LUNA / $UST FUD. Most arguments I see against it are pretty weak and can be put down in a tweet or two. The only fair criticisms are 1) its reflexivity means volatility in both directions and 2) the network isn’t as decentralized as others

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Westie 🟪

@WestieCapital

3 years

@ksicrypto $ETH layer 2 + interoperability with other blockchains. Solving gas problems and teaming up with a lot of huge projects (AAVE being the biggest) and is now handling more transactions than $ETH itself

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Westie 🟪

@WestieCapital

2 years

. @runekek , the co-founder of @MakerDAO , went into more detail on why he believes $DAI must become free-floating (not pegged to USD) I will quickly summarize his points below (1/8) 🧵

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@WestieCapital

3 years

We like the coin $LUNA

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Westie 🟪

@WestieCapital

2 years

EigenLayer ( @eigenlayer ) is going to lead to an EXPLOSION in middleware development by the end of 2023, supercharged by ETH. Don't believe me? I'll convince you... 🧵

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Westie 🟪

@WestieCapital

3 years

Wen Col-6

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Westie 🟪

@WestieCapital

9 months

Maker is estimated to make $47M in Q4 and no one cares lol

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@WestieCapital

2 months

I like both Solana and Ethereum

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@WestieCapital

3 years

How is $XRP still in the top 10?

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@WestieCapital

3 years

What did we learn here? - the LUNAtics are extremely passionate and well informed. Come with bullshit ideas and they will be fought down - governance is very important. One proposal could immensely slow protocol growth - TradFi ideas don’t work in crypto. You cant just copy pasta

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Westie 🟪

@WestieCapital

2 years

Holy fucking shit

Alice

@alice_finance

2 years

1./ Introducing Alice Pay & Kado Merchant — the world’s first $UST point-of-sale system

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@WestieCapital

2 years

If you're the Anchor whale at a $79 liquidation price... pls pay back your loan

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@WestieCapital

3 years

$MARS will kick off the Terra alt season. Get ready

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@WestieCapital

3 years

I think it’s pretty safe to say @anchor_protocol will have the highest TVL of any protocol on any chain by the end of the year

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Westie 🟪

@WestieCapital

3 years

The maxi argument that Terra buying $BTC is a bad thing because they’ll eventually sell the $BTC doesn’t make sense to me. You do realize they are going to be a continuous net buyer as it grows? And this won’t be small amounts either

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@WestieCapital

3 years

My exploration of @VaderProtocol $VADER, a new AMM that combines the design of Thorchain, the mint and burn mechanism of Terra, and the Protocol Owned Liquidity design of Olympus DAO as a way to create a black hole for liquidity

Vader — The Father of Decentralized Liquidity

(This should not be taken as financial advice, cryptocurrencies can be incredibly risky. Consult a financial advisor before making any…

westiecapital.medium.com

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Westie 🟪

@WestieCapital

3 years

If you ever think you’re late to $LUNA, read this article. The NASDAQ put it in their top 8 crypto’s to become the next king, yet they think Tether is the native stablecoin and not $UST. TradFi has absolutely no clue

8 Potential Contenders to Become the Next Big Crypto King

www.nasdaq.com

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@WestieCapital

3 years

. @jackabraham , founder and manager of Atomic, went on Pomp’s podcast to discuss his many ventures and his views on crypto He specifically highlighted $LUNA as a project he is extremely excited about as it actually facilitates the productivity of assets within the greater economy

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@WestieCapital

3 years

Nothing better in this world than waking up to a $LUNA ATH

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Westie 🟪

@WestieCapital

3 years

I don’t have enough $LUNA

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Westie 🟪

@WestieCapital

2 years

Your friendly reminder that looping bLUNA on Anchor is not a "LUNA stacking strategy" but a high-risk leveraged long trade on LUNA. Full liquidation can happen faster than you think

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@WestieCapital

3 years

Please vote no on this proposal . Whales will just split up deposits in different wallets, and this will completely break the composability of $aUST

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@WestieCapital

3 years

I think people are heavily underestimating how much $LUNA @prism_protocol is going to suck up from the circulating supply

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Westie 🟪

@WestieCapital

3 years

Now that we have $ASTRO, $PRISM, and @kado_money , all we need is @mars_protocol @Levana_protocol , @kinetic_money , and @vertex_protocol and Terra will be a straight up $UST printer. My prediction of $40 billion by EOY stands and that honestly might be conservative

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@WestieCapital

3 years

The stablecoin market has grown an astounding 400% in the past year, causing a lot of conflict as options fight for liquidity and adoption. Here, I explore the many battlegrounds where this "war" is taking place and consider where the space is headed

The Stablecoin Wars Are Upon Us

In 2021, the stablecoin market saw a growth of close to 400%, growing from $29 billion dollars in January to over $140 billion by the end…

blog.cryptostars.is

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@WestieCapital

3 years

Seriously how is this not talked about more in the crypto community. The $LUNA circulating supply is burning at a rate of .1% per day for the past 30 days. That would be 36.5% if done for a year. Like holy shit. If this were $ETH no one would shut up about it

Nicolas Flamel

@NicolasFlamelX

3 years

$LUNA PROBABLY NOTHING 🔥🔥🔥🔥🔥🔥🔥🔥

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@WestieCapital

2 years

I like the sentiment of the proposal, but imo if there's a path forward, there needs to be a complete rebrand. Everyone will associate UST and LUNA with what transpired. New token names are likely necessary, but am open to hearing opposing views

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@WestieCapital

3 years

The @galactic_punks floor will be 150 $LUNA way sooner than you think

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@WestieCapital

3 years

@alice_finance coming in November with a 0 fee on/off ramp for $UST. This is a very big deal

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Westie 🟪

@WestieCapital

3 years

Just did a deep dive into $RNDR and… wow. I don’t think I’ve been this mind blown by a project since I first looked into $LUNA

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@WestieCapital

3 years

That Congress hearing was extremely bullish for crypto. Wow

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@WestieCapital

3 years

I think people are heavily underestimating the value that @mars_protocol uncollateralized borrowing will bring to $LUNA and the ecosystem. This is a completely untapped market in crypto and allows way more $UST to be created and used

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Westie 🟪

@WestieCapital

2 years

At 50% staked, the APR for staking $ASTRO will be around 80% for the next 60 days if revenue continues at the same pace just an fyi

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@WestieCapital

3 years

🤯 @LunaBulls are killing it with these 3D versions

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@WestieCapital

3 years

$LUNA is at the perfect intersection of many popular narratives L1 Regulation of centralized stablecoins DeFi Play-to-earn economies NFTs And it’s heavily deflationary. I can’t think of a better bet going into the new year

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Westie 🟪

@WestieCapital

3 years

Deciding to put 90% of my net worth in $LUNA at $6 may turn out to be the best decision of my entire life

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Westie 🟪

@WestieCapital

3 years

In all seriousness, it’s moments like this that make me proud that I found what I knew to be one of the most fundamentally sound investments I will ever come across in my life, and found conviction to place bets when price and sentiment were at their lowest

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@WestieCapital

3 years

A friend of mine who is basically never wrong about financial questions converted 80% of his Ethereum into $LUNA.

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Westie 🟪

@WestieCapital

3 years

Another casual 1M $LUNA burned today 🤷‍♂️

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Westie 🟪

@WestieCapital

5 months

L2s are not extensions of Ethereum, they are their own separate chains

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Westie 🟪

@WestieCapital

3 years

No one say anything

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Westie 🟪

@WestieCapital

3 years

Split $aUST into $paUST and $yUST, sell $paUST for $UST, go to , borrow against your $UST (which is turned into $aUST) for $MIM, swap into $UST and but it back into Anchor. Assuming 50% LTV and 19.5% yield this stable strategy offers 43% APY - borrow apr

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Westie 🟪

@WestieCapital

3 years

Today marks a very big day for $LUNA that may get overlooked. @galactic_punks was the first PFP NFT launch on the network, finally giving the world-class community of $LUNA-tics it’s own representation. And Terra finally shows it’s becoming way more than a DeFi only platform

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@WestieCapital

3 years

$LUNA pumping double digits during these market conditions is actually wild

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Westie 🟪

@WestieCapital

3 years

I will not be supporting any Terra NFT project that does not mint in $UST

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Westie 🟪

@WestieCapital

3 years

My bull case for @galactic_punks This is the first time in crypto history where I’ve truly understood the value of PFP NFTs and I think GPs have a chance to reach insane valuations. 🧵 👇

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@WestieCapital

3 years

The total number of daily transactions for Terra has been steadily climbing since late 2020, with a small dip around the Columbus-5 upgrade. No sign of FOMO yet. $LUNA

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Westie 🟪

@WestieCapital

3 years

“Sell the news” crowd in disbelief

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Westie 🟪

@WestieCapital

3 months

Active. Addresses. Are. Not. Users. Please stop this nonsense

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@WestieCapital

3 years

At this moment I am euphoric

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@WestieCapital

3 years

The fact that $LUNA was not listed despite Terra being the #2 smart contract platform is kind of insane

Grayscale

@Grayscale

3 years

A deal’s a deal. Meet GSCPxE (Grayscale Smart Contract Platform Ex-Ethereum Fund), our newest investment product. #GSCPxE $SOL $ADA $DOT $AVAX $ALGO $MATIC $XLM

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@WestieCapital

3 years

I’m starting to think $10b for $UST by the end of year is FUD

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Westie 🟪

@WestieCapital

3 years

The amount of engagement these posts get is actually incredible. There's something to be said about the psychological aspects of tokenomics and incentive alignment. By buying $LUNA you are inherently rooting for the growth of $UST, a heavily underrated aspect of Terra's growth

UST MarketCap 🌔

@USTmarketcap

3 years

$UST Market Cap is $12,495,760,312

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Westie 🟪

@WestieCapital

3 years

Anchor is making its way to Tik Tok… not sure if this is bullish or bearish

TTI

@TikTokInvestors

3 years

What could go wrong?

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@WestieCapital

3 years

My $ASTRO thesis should be dropping pretty soon 👀

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@WestieCapital

3 years

With the SEC cracking down on Coinbase for their offering of 4% yield on centralized stablecoin $USDC, it’s important that people understand the opportunity of truly decentralized stablecoins. Time to revisit this piece.

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@WestieCapital

3 years

Things I'm pretty bearish on: Launchpads Generalized NFT Marketplaces (small # winners, will become niche focused) Anything whose selling point is "Metaverse" Currency coins (BCH, BSV, LTC are going to literal 0) POL as main feature Worthless governance tokens (what does UNI do?)

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@WestieCapital

3 years

I have 2 referrals for @alice_finance . If you would like one I will be giving them away to two random people who: 1) retweet this tweet 2) comment below your favorite upcoming @terra_money project and why Good luck!

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@WestieCapital

2 years

The most interesting point from this entire fiasco is that $UST on Terra never fell below peg at all, but rather has been trading well above peg. White Whale has had a field day in arbitrage

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Westie 🟪

@WestieCapital

2 years

Definitely the best restructuring plan for Terra yet, if there’s enough investor sentiment

wassielawyer （哇西律师）

@wassielawyer

2 years

This is my final contribution to the Terra collapse. Combining two of the leading proposals to create a value proposition that may be able to attract new money. I am going on a cruise tomorrow and will not actively engage in this further.

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@WestieCapital

3 years

I truly believe what we are seeing is just the beginning of what may be the craziest 4 months for L1’s. As $LUNA upgrades to Col-5, $ADA rolls out smart contracts, $KSM and $DOT roll out parachains, $AVAX and $SOL continue development and adoption, things are gonna get insane

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@WestieCapital

3 years

2022: The Year of the Stablecoin Wars

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