korpi @korpi87 Twitter profile

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korpi

@korpi87

2 years

10 Common Takes on Ethereum and $ETH. And why they are wrong. Simply explained with memes.

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korpi

@korpi87

2 years

Do you know a simple signature in Metamask can drain your wallet? A very experienced user (top 10 by Degen Score) lost almost 500k USDC in an exploit today. You could be next... A short thread how it happened and how you can avoid such exploits in future.

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korpi

@korpi87

3 years

EIP-1559 is scheduled to go live this week and I still see a lot of wrong takes on its impact. Remember: - It doesn't make $ETH deflationary by default. - It doesn't reduce $ETH supply by 90%, referred as "triple halving". - It's still very bullish for $ETH. Why? 🧵👇

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korpi

@korpi87

2 years

"ETH will dump hard when >12M staked ETH get unlocked after the Merge." I've noticed some people consider the Merge as a negative price catalyst due to a supposed huge ETH unlock. This is wrong. Here is what they miss about the $ETH unlock. 🧵👇

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korpi

@korpi87

2 years

Being early to a hot narrative is the simplest way to make OUTSIZED RETURNS. Identifying this narrative is a bit more challenging... I reviewed hundreds of pages in multiple crypto reports and made a list of 10 BIGGEST NARRATIVES for 2023 + related money making opportunities:

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korpi

@korpi87

2 years

What is a good way to DCA into $ETH at prices lower than most can get? - You should buy liquidations. How to do it without a bot? - Provide $LUSD into the Stability Pool in @LiquityProtocol and chill. Tetranode bought $ETH at $849 yesterday. You could do it too. Details: 🧵👇

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korpi

@korpi87

2 years

The Merge is a substantial change in supply / demand forces most people underestimate. Multiple $Ms of daily sell pressure on $ETH will be replaced by buy pressure. Every day we will need new sellers to prevent the price from going... up! Let that sink in. More details: 🧵👇

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korpi

@korpi87

3 years

The Merge - the most significant Ethereum upgrade ever. Big events like this are often "sell the news" opportunities. Some claim this is what will happen with $ETH. I disagree. Here is why $ETH will melt faces after the Merge. 🧵👇

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korpi

@korpi87

2 years

It's not been even 24 hours since GPT-4 went live and users have already created amazing things with it. See a few examples and tell me we are not going to be replaced by AI very soon.

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korpi

@korpi87

3 years

1) I've noticed many people think that Uniswap v3 $UNI solves the problem of impermanent loss (IL). It doesn't. Actually, it's just the opposite. Concentrated liquidity substantially increases the risk of IL. Let's quickly break down why it happens.

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korpi

@korpi87

2 years

Arbitrum is on fire! With $ARB airdrop worth >$1B, a lot of liquidity will trickle into its ecosystem projects. "A rising tide lifts all boats" If you still look for INVESTMENT OPPORTUNITIES, this is a mega thread with 30 innovative projects building on Arbitrum:

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korpi

@korpi87

2 years

Investing in great builders in 2019 (e.g. $AAVE, $SNX) were "simple" 100-1000x. I analysed top Arbitrum projects searching for builders willing to ship through the bear market and found 6 promising ones. Check why I believe they have potential to outperform the market. 🧵👇

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korpi

@korpi87

3 years

6 months ago I covered $OHM before the project officially launched. Investment of 570$ into Initial Discord Offering would be worth more than $1.5M now if staked all the time... Absolutely incredible. Today I want to share a project which gives me similar vibes. Meet $TEMPLE.

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korpi

@korpi87

2 years

If you hold $ETH, you should pay attention: If ETH withdrawals were enabled today, ~1M ETH would be automatically withdrawn in 5 days. This could be just the tip of the iceberg as 16.3M staked ETH would become free to move. "ETH Withdrawals ELI5" thread you should read today:

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korpi

@korpi87

2 years

$ETHPOW? $ETHPOS? $ETH? WTF? Everything you need to know about the Ethereum hard fork and $ETH after the Merge. Simply explained so that your grandma will understand it too. A couple of bonus trades at the end.

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korpi

@korpi87

4 years

1) What is the most popular term in DeFi which you have never heard of in traditional world? Probably aping but let's assume it's impermanent loss (IL). Every liquidity provider in AMM suffered from IL. But do you know that you can beat it? Read this thread to find out how.

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korpi

@korpi87

2 years

You don't have to be a genius to make 100x in crypto. Sometimes being early is all it takes. I analysed new Arbitrum projects and chose 10 that look the most promising. They don't have a token so it's still early (airdrop?) 🪂 Free alpha for each project! 🧵👇

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korpi

@korpi87

2 years

The Ethereum Merge has finally happened. Is $ETH ultra sound money now? What is projected inflation / deflation? A short thread and a few simple graphs to understand ETH issuance, burn and ultra-soundness. 🧵👇

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korpi

@korpi87

3 years

The consensus on Crypto Twitter seems to be that $LUNA + $OHM + $BTFLY + $FXS have already won the "Curve wars" and 4Pool is going to have the deepest liquidity on Curve. While it's a nice narrative and it pumps my bags, it's also an extremely simplified perspective. 🧵👇

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korpi

@korpi87

2 years

Huge amount of $ETH, from ~3M to even ~6M ETH, will be withdrawn after the Shanghai upgrade. How much will be SOLD? I broke down stakers into segments to understand their ability / willingness to sell and analysed different scenarios. Read this thread to see what's coming:

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korpi

@korpi87

2 years

Is $OHM going to surprise everyone soon? - @OlympusDAO starts buying OHM with treasury assets. - OHM liquidity gets reduced by $122M which makes the price impact of buying pressure stronger. - $61M worth of OHM gets burned. Number go up? Read on for more details.

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korpi

@korpi87

2 years

➡️ What is a fair price for $ARB? ➡️ How to play the launch to benefit the most? I'm tackling with the most popular takes on CT to separate moon math from data-driven predictions. 9 threads compressed into 9 tweets with action items at the end:

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korpi

@korpi87

3 years

In a bear market when people stop chasing the narratives and reflect on what they actually hold and why, fundamentals become more and more important. What if we ignore the hype and assume all blockchains are just businesses that sell blocks? Which is the most undervalued? $ETH

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korpi

@korpi87

2 years

Do you know how to protect yourself from phishing that caused many people to lose their precious NFTs? Bad actors invent more and more sophisticated ways to take your JPEGs but they usually rely on the same exploit vector. This thread is a simple guide how to not get phished.

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korpi

@korpi87

3 years

70% APR on stablecoins with no impermanent loss, hardly any risk of liquidation and almost zero transaction fees. Sounds good, right? It's possible with leveraged farming of $MATIC rewards on $AAVE on Polygon. See how to do it👇

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korpi

@korpi87

3 years

In a year $ETH price will be above $10k. This is a conservative prediction based on a fundamental analysis. Not a groundless hopium. Read on for more details. (0/n)🧵👇 [This tweet would sound better when published before today's price action but the market front-ran me...]

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korpi

@korpi87

3 years

"EIP-1559 sucks. After it was implemented gas prices skyrocketed!" This take is propagated a lot and I think this is far from true. Correlation is not causation. I suppose gas prices would be much higher now if we didn't have EIP-1559. How does EIP-1559 save you $ETH? 🧵👇

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korpi

@korpi87

3 years

Do long-term liquidity providers (LPs) to AMMs earn passive income? What is their ROI when the impact of impermanent loss (IL) is included? I compared LPing on Uniswap and Bancor to check if IL-protection from Bancor is a useful feature for LPs. See 🧵for more alpha! $UNI $BNT

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korpi

@korpi87

3 years

If you think $FTM, $AVAX, $SOL, $MATIC, $STAKE, $MOVR, $ONE, etc. are "Ethereum killers" because they are cheap to use while $ETH is prohibitively expensive and can't scale, you miss the forest for the trees (also ngmi). Ethereum is scaling now but you are not paying attention.

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korpi

@korpi87

4 years

1) I've been trying to raise awareness of superior @Bancor dex for some time but my reach on Twitter is so low that I literally twitted for myself with the aim to quote it when market realises I was right. I think this time has come.

korpi

@korpi87

4 years

@bancor may be one of the most underestimated dexes at the moment. Where else will you find these features? - Single-side liquidity (you can add liquidity for your token only) - Impermanent loss protection - Liquidity mining incentives in $BNT

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korpi

@korpi87

2 years

I hope you've found this thread helpful. Follow me @korpi87 and check my Notion: for more. Like/Retweet the first tweet below to protect others from similar exploits:

Welcome to korpi’s Notion | Notion

Hello ser,

korpi.notion.site

korpi

@korpi87

2 years

Do you know a simple signature in Metamask can drain your wallet? A very experienced user (top 10 by Degen Score) lost almost 500k USDC in an exploit today. You could be next... A short thread how it happened and how you can avoid such exploits in future.

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korpi

@korpi87

2 years

If The Merge happened today, ~$10M of daily sell pressure on $ETH would be replaced by ~$8M of buy pressure. While we now require ~$10M of new money every day to keep the price flat, we would need ~$8M of existing holders to sell their ETH to prevent the price from going up.

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korpi

@korpi87

3 years

1) I've been liquidity provider (LP) on Uniswap v2 long enough to understand that it was never an easy passive yield. If you didn't actively counteract impermanent loss (IL), it would most likely eat all your profits from fees. How does v3 impact life of LPs? Let's explore.

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korpi

@korpi87

2 years

You can read the unrolled version of this thread here:

How Can a Simple Signature in Metamask Drain Your Wallet? | korpi

Do you know a simple signature in Metamask can drain your wallet? A very experienced user (top 10 by Degen Score) lost almost 500k USDC in an exploit today. You could be next... A short thread how it...

typefully.com

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korpi

@korpi87

2 years

Imagine Saylor's Microstrategy spent $4B to buy $ETH instead of BTC. Twice. And then again and again. Twice a year, in perpetuity. The Merge at current ETH price is equivalent of two Saylor-sized ETH buys every year. A short thread on the impact of the "Triple Halvening".

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korpi

@korpi87

2 years

How to avoid similar exploits in future? - Don't sign everything in Metamask. - Spend time to understand what you sign. - Be careful with traditional approvals (see linked thread)

korpi

@korpi87

2 years

Do you know how to protect yourself from phishing that caused many people to lose their precious NFTs? Bad actors invent more and more sophisticated ways to take your JPEGs but they usually rely on the same exploit vector. This thread is a simple guide how to not get phished.

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korpi

@korpi87

3 years

7) Summing up: - EIP-1559 will burn $ETH but not make it deflationary by default. With PoW only high gas fees can offset high issuance. - Upgrade to PoS can be referred as "triple halving" due to a large drop in ETH issuance. - EIP-1559 + PoS = deflationary ETH. - $ETH = 🦇🔊💰

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korpi

@korpi87

2 years

It's been a pretty boring time pricewise... Calm before the storm? Crypto Volatility Index (CVI) is almost at ATL. If you believe some volatility is coming very soon, you can make money on it. And you don't have to predict if prices will go up or down! See how: 🧵👇

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korpi

@korpi87

2 years

Coinbase + Kraken account for 20% of staked ETH. All liquid staking providers for 33%. LSD market can grow by up to ~60% even if total demand for staking stays flat (but it will probably go up). Beneficiaries: $LIDO $RPL $FXS $SWISE and other LSDs.

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korpi

@korpi87

2 years

4 months after the Ethereum Merge: ETH Supply Change: - PoW: 1,446,761 ETH - PoS: -1 ETH $2.2B of $ETH selling pressure has been removed. There is no second best.

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korpi

@korpi87

2 years

A month ago I published a list of top Arbitrum builders with the potential to outperform the market. Time to review my portfolio of: $DPX, $PLS, $VSTA, $SPA, $JONES and $UMAMI I share: - Current performance - Upcoming catalysts - Some alpha leaks Enjoy! 🧵👇

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korpi

@korpi87

3 years

Why $TRIBE is positioned to go on a run in the nearest future? I made some investigation on Turbo, Tribe DAO's new not yet released product, and I have reasons to believe it may turbo increase TVL and fees generated by the DAO. Let's unpack what (I think) Turbo is. 🧵👇

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korpi

@korpi87

2 years

Everyone is farming airdrops now but many will get NOTHING. Why? Because projects constantly improve their methods to exclude sybil farmers. 5⃣ simple steps how to increase your chances for ALL future airdrops:

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korpi

@korpi87

3 years

Dear users of @zapper_fi , I hope you are fully aware of the misleading and often unrealistic "ROI" in the "Opportunities" section for Liquidity Pools. I hope you realise you can still underperform simple "hodling" even with "ROI" of 100%+. If not, let me explain to you why. 🧵👇

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korpi

@korpi87

3 years

5) The situation changes dramatically when Ethereum is fully upgraded to proof-of-stake (PoS) consensus algorithm. It will lead to a large drop in ETH issuance rate to ~0.4% annually. This issuance reduction of 90% is equivalent to 3 BTC halvings, hence "triple halving".

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korpi

@korpi87

2 years

Apparently signatures can be catastrophic. In some cases Metamask will warn you that signing a message can be dangereous. But not in case of signed approvals which technically work as designed but can cause a lot of damage if misused.

IOE

@CT_IOE

2 years

Can your wallet be drained simply by signing a message in Metamask? Let's talk about it. 🧵👇

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korpi

@korpi87

3 years

What if I told you there is a DEX which offers liquidity providers exposure to their preferred asset only and full protection against impermanent loss? What if I disclosed its publicly reported market cap is overstated by 60%? Would it be considered an alpha leak? $BNT 🧵👇

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korpi

@korpi87

2 years

In 30 hours after the Merge: ➡️ETH supply grew by 342 ETH. ➡️But it would grow by ~14k ETH in PoW. I fixed the chart on as people kept misunderstanding it. Now you can also see projected $ETH Supply Change if Ethereum hadn't switched from PoW to PoS.

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korpi

@korpi87

2 years

It was a quiet afternoon when Joe (name changed) noticed 469k USDC left his wallet. It wasn't a simple transfer, which meant an attacker apparently didn't have access to Joe's wallet. It was a malicious contract that drained all USDC from his address...

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korpi

@korpi87

2 years

Etherscan discloses that infinite approval wasn't approve function called by Joe himself. It was permit function called by other address and it granted the malicious contract the approval to spend all Joe's USDC. WTF? How can others approve contracts on your behalf?

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korpi

@korpi87

2 years

How current censorship impacts transactions on Ethereum? It hardly does. 53% of all blocks on Ethereum censor txs that are not OFAC compliant (e.g. Tornado Cash). But the probability that Tornado tx won't be included in a block is low: ➡️ 4% in 1 min ➡️ 0.2% in 2 min 🧵👇

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korpi

@korpi87

2 years

Joe must have accidentally signed such a message on a malicious website. Unfortunately, this time he used a hot wallet and signing was just one innocent-looking click. With a hardware wallet, there would be a second-thought moment while signing a message on the external device.

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korpi

@korpi87

3 years

Useful resources: - Excellent explanation on EIP-1559 from @thedailygwei by @sassal0x : - Ultrasound money thesis from @BanklessHQ by @TrustlessState : - A lot of information on the #ETH proof-of-stake merge:

The Ethereum Proof-of-Stake Merge

The merge is coming! Learn what the change from Proof of Work (PoW) to Proof of Stake (Pos) means for you, the broader Ethereum community, and the world at large.

ethmerge.com

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korpi

@korpi87

3 years

Everyone is talking about $ETH being burned. Indeed, it's exciting. Is ETH already deflationary? No. It's less inflationary. Will it be deflationary? I'm pretty sure it will be. Wen? Let me share a few useful resources to keep track of ETH becoming ultrasound money.🧵👇

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korpi

@korpi87

2 years

Permit function was introduced to improve user experience on Ethereum. It allows a user to modify approval amounts without submitting a transaction. A signature is sufficient. With your signature anyone can call permit function and update your allowance for a spender.

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korpi

@korpi87

4 years

1) It's been a while since my last bullish thread on $BNT but @Bancor Team keeps building and it deserves some commentary. Let's talk about a new addition to $BNT tokenomics, Vortex Burner, which puts deflationary pressure on circulating supply of $BNT.

korpi

@korpi87

4 years

1) If you don't like reading long blog posts with project updates but prefer to get a bullish thread with a summary of news pumping your favourite token, I'm here to serve. It's $BNT time again after the March release of Bancor Progress Update.

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korpi

@korpi87

3 years

1) EIP-1559 is one of the most important upgrades in Ethereum's history. Its purpose is to improve user experience on #ETH by changing how transaction fees are estimated and how the network reacts to surges in usage.

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korpi

@korpi87

3 years

2) It doesn't lower gas fees in the long run because it's not a scalability improvement. However, it may help users not overpay for transactions due to a better fee estimation process. It also smooths out gas prices between blocks thanks to variable block sizes.

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korpi

@korpi87

4 years

1) If you don't like reading long blog posts with project updates but prefer to get a bullish thread with a summary of news pumping your favourite token, I'm here to serve. It's $BNT time again after the March release of Bancor Progress Update.

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korpi

@korpi87

3 years

Recent amazing $SPELL and $INV rides encouraged me to look into other projects that issue overcollateralized stablecoins. I compared $MKR, $SPELL, $FLX, $INV and $LQTY to find out that $LQTY seems to be extremely undervalued relatively to others. Will it have its moment soon?

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korpi

@korpi87

2 years

Big players like @a16z are depositing into @SolidlyDEX and @solidlizardfi . Protocols are legitimized, TVL goes up... Bullish for $SOLID and $SLIZ, right? Well... Not really. A short lesson what makes Solidly forks successful long term as people seem to have forgotten.

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korpi

@korpi87

2 years

Having your stablecoin portfolio all in USDC / USDT / DAI is extremely risky. It's not fud. It's a responsible risk management. I've been looking for a stablecoin with the lowest risk and, I think, I've found it. A thread why you should diversify your stables with $LUSD. 🧵👇

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korpi

@korpi87

2 years

You can see permit in action when you use 1inch dApp. If you want to sell USDC, you don't have to approve it first. All you need is to sign a message. This signature grants 1inch the permission to spend all your USDC. 1inch won't do it but a malicious contract could.

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korpi

@korpi87

3 years

AMMs have been arguably the biggest innovation in DeFi and yet they haven't really evolved much since Bancor launched the first one in 2017. Most dexes today differ only in front-ends. I crave for substantial innovation and I think it's close. Let's talk about @Bancor v3. 🧵👇

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korpi

@korpi87

3 years

I must admit I'm absolutely astonished at the amount of effort @templedao put to prepare the Opening Ceremony. Combining Discord, Cryptovoxels, Metamask into a seamless gaming / metaverse experience also gives me a lot of confidence in the level of technical skills the Team has.

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korpi

@korpi87

3 years

3) What everyone is excited about is $ETH burn. After EIP-1559 part of the transaction fee is burned and removed from circulation. But it doesn't mean that ETH immediately becomes a deflationary asset. For that to happen ETH burned must be higher than ETH issued in block rewards.

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korpi

@korpi87

3 years

6) Under the future PoS model transaction fees of ~20 gwei would have to be sustained to offset ETH issuance. This is when $ETH truly becomes a deflationary asset and it's hard to imagine a scenario in which it doesn't happen.

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korpi

@korpi87

2 years

Here we need to pause the story to explain some technicalities. USDC token is a contract on Ethereum. It has many functions which define how we interact with USDC and what can be done with it. Let's focus on two functions: > transfer > transferFrom

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korpi

@korpi87

2 years

> transferFrom When you interact with contracts, they use transferFrom to move your tokens. They can take up to the allowance amount which you set in approve function. If you allow a contract to spend infinite amount of USDC, it can take it all.

korpi

@korpi87

2 years

ERC20s You approve a contract to access amount X of token TKN. - The approved contract can take X of TKN from your wallet any time. - It doesn't matter if you have hardware wallet or not. - X of TKN is approved until X is spent by the contract or you revoke the approval.

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korpi

@korpi87

3 years

@VestaFinance $VSTA launches today. It's a lending protocol on Arbitrum, inspired by @LiquityProtocol $LQTY but with more collateral options and governable parameters. A short thread how Vesta works and why its stablecoin may get heavily adopted. 🧵👇

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korpi

@korpi87

4 years

Let me ELI5 what happened here so that everyone could admire the power of @iearnfinance v2 vaults. $YFI

banteg

@bantg

4 years

Feeling FOMO about the latest farm of the week? Worry not, Yearn Strategists have your weekend covered, go enjoy life while Yearn finds the best yield for you. Funds in WETH, WBTC, USDC, DAI yVaults will be deployed shortly. Current estimated APR varies from 304% to 460%.

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korpi

@korpi87

2 years

> transfer When you move USDC (or other ERC20s) between wallets, you use transfer function. It moves tokens from the caller (the address that calls the function) to other address. To maliciously use transfer on your behalf, someone would have to get control over your wallet.

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korpi

@korpi87

2 years

TL;DR: 1. Staked ETH won't be unlocked at the Merge 2. Unlocked ETH will be released slowly 3. Staked ETH is often a never-sell stack Read on for more details.

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korpi

@korpi87

2 years

Back to the Joe's story... The aforementioned contract interaction that drained Joe's USDC was indeed transferFrom function. But transferFrom would only work if Joe had approved the contract to spend his USDC. And Joe was 100% convinced he didn't approve anything...

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korpi

@korpi87

3 years

4) Under the current proof-of-work (PoW) model ETH's issuance is quite high (~4% of the total ETH supply annually). To offset this issuance rate by $ETH burn after EIP-1559, we would need ~150 gwei consistently. We have seen this before but it's unlikely to sustain.

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korpi

@korpi87

2 years

Wait a moment... DeBank history clearly shows infinite USDC approval for the malicious contract 10 minutes before the exploit... Did Joe actually approve it? Yes. But also no. Not directly.

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korpi

@korpi87

3 years

TL;DR: - New $ETH issuance will drop by 90%. - More ETH will be staked due to higher staking APR. - All the staked ETH and staking rewards will still be locked at least 6 months after The Merge. - Institutional Demand will surge after The Merge. - You don't own enough ETH.

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korpi

@korpi87

2 years

With Joe's signature a malicious actor submitted a transaction with permit function. It gave the malicious contract the permission to spend all USDC from Joe's wallet. Then transferFrom function was called and the malicious contract drained the funds.

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korpi

@korpi87

2 years

How did this sell-off affect structural supply / demand after the Merge? Not much. Posting bullish takes on $ETH after it has plunged by 35% in a week feels a bit awkward but I'm just showing you the data. Think whatever you want but fundamentals haven't changed... 🧵👇

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korpi

@korpi87

2 years

Is the Ethereum Merge Overhyped? Some think it is. Let's challenge the arguments Merge-sceptics have. 🧵👇

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korpi

@korpi87

2 years

Arbitrum projects have received a lot of attention in the recent month and for a good reason. $GMX, $DPX, $UMAMI, $MAGIC, $TCR have been constantly delivering over the bear months. So has @vestafinance $VSTA. Can it become a dominant stablecoin player on L2s? Let's see! 🧵👇

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@korpi87

3 years

I lost a lot of money in multiple DeFi exploits. It changed me. If you have suffered from $BEAN exploit today, I'm sorry. I was lucky enough not to play this time but I get your pain. I have 5 tips for you. It won't give you your money back but maybe you will find it helpful.

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@korpi87

3 years

Concentrated liquidity in Uniswap V3 has usually been considered as a net positive innovation. It's definitely good for traders, arbitrageurs and parasitic MEV wizards. But is it good for LPs? According to a recent study, half of LPs are actually losing money! See more: 🧵👇

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@korpi87

4 years

1) @iearnfinance TVL crossed $3B. This is a big milestone. It grounds Yearn's 1st place in the competition between yield aggregators - amazing achievement taking into account that it's the only protocol which doesn't incentivize TVL by issuance of its native token $YFI.

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@korpi87

2 years

What is needed for a bull market to resume? When macro eventually switches from headwind to tailwind, how can crypto attract new adopters? Current user experience in crypto sucks. We need a killer app: web2 simplicity + web3 ownership. I believe I have found one... 🧵👇

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@korpi87

3 years

There is a common misconception that due to concentrated liquidity on Uni v3 liquidity providers (LPs) earn substantially more trading fees. This is what the original v3 announcement suggests but it's not exactly how it works. Let's find out why! 🧵👇 $UNI

Uniswap Labs 🦄

@Uniswap

4 years

5/ 💸 Concentrated Liquidity means LPs can earn the same amount of fees with just a fraction of the underlying capital, while keeping more of their total portfolio in desired assets! 🔥 Capital efficiency gains max out at 4000x for LPs adding liquidity to a 0.10% price range

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@korpi87

2 years

1. Staked ETH won't be unlocked at the Merge The Merge won't enable withdrawals. This is planned for another Ethereum upgrade which may take place 6-12 months after the Merge. In other words, both staked $ETH and staking rewards will not enter the circulation for a long time.

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@korpi87

2 years

ETH inflation has been reduced by 98% since the Merge: ➡️ Supply change in PoS: 7k ETH ➡️ Supply change in PoW: 349k ETH And it's been mostly quiet 30 days of mediocre on-chain activity. Let's rewind this month with a few helpful graphs. 🧵👇

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@korpi87

3 years

Being a liquidity provider for tokens that shoot up in price is a pain. You want to respect the pump but you can't because you are getting rekt by "impermanent" loss. Just look at this LP for $AXS-ETH. Rekt. It doesn't have to be this way. Check out how! 🧵👇

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@korpi87

4 years

1) I really like experiments. Especially the ones which can disrupt what we are currently used to. DeFi is the best example - an attempt to disrupt TradFi with a code. AMMs are already disrupting centralized exchanges and constantly evolve. What about the final form of AMM?

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@korpi87

2 years

I'm building a portfolio of Arbitrum tokens. Which ones would you recommend me to look into? I'm a boring man so no meme tokens please. Only serious projects.

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@korpi87

2 years

I'm not sold on GambleFi. "Gambling is huge industry, so crypto-gambling will be huge too" Will it? Who will use a blockchain casino? - Non crypto-natives already have online casinos. - Crypto-natives have Uniswap casino. And Uniswap lets you have an edge, casino doesn't.

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@korpi87

3 years

This is the thread with links to my old threads that, in my opinion, can still be useful and informative today. Twitter is all about immediate information consumption. It's hard to browse the older content so I thought I can make it easier this way.

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@korpi87

3 years

$OHM has been going down for weeks taking down $TIME, $BTRFLY, $KLIMA, $ROME and other projects inspired by @OlympusDAO token model. There is a lot of bearishness on CT and takes that their market caps inevitably go to the parity with their treasuries. Are they? 🧵👇

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@korpi87

2 years

I woke up to a blood bath and everyone is depressed. But it will be fine. Eventually. Today let's celebrate small wins. $ETH is finally ultra sound! The way it happened is probably not what we wanted to experience but it is what it is.

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@korpi87

2 years

$ETH won't be deflationary after the Merge*! Here is the proof. Inflation still at +0.3%*! Is Ethereum a scam? Check this thread to find out:

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@korpi87

9 months

I did 40 accounts on @bounce_finance to get allocation for $SAVM @SatoshiVM IDO. In the best-case scenario, I'd have made 1,260,000$ from 5,000$ or 252x. In the worst-case scenario, I'd have lost 1000$ on gas costs. Basing on the attached picture, guess what happened.

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@korpi87

2 years

So many people shared this thread I thought it was a serious analysis. I'm disappointed. Author's thesis: - Solana is superior because it offers cheap txs, high TPS and good UX/UI. - Decentralization doesn't matter. 🤦 You know what is even cheaper and faster? AWS. $ETH $SOL

Lite

@LitecoinYagami

2 years

Solana could dethrone $ETH before 2025. My thoughts;🧵

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@korpi87

2 years

3. Staked ETH is often a never-sell stack Who would voluntarily lock $ETH for many months, not knowing when withdrawals will be even possible? ETH maxis, no doubt. 😉 Most ETH stakers are long-term investors. They are not interested in selling, especially not at current prices.

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@korpi87

2 years

Only 3 days left until the Ethereum Merge... Are you prepared? This is your to-do list for everything to work smoothly after the Merge:

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