IgnasDeFi
IgnasDeFi
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Lido DAO proposes a dynamic buyback of up to 70% for $LDO
With over $145M in stables and stETH sitting idle, the DAO is looking to return value to holders.
These assets generate no revenue. Time to put them to work.
The proposal:
• 70% of NEW incoming assets → $LDO buybacks
• 30% retained for ops & strategy
Why like this?
To ensure the DAO doesn't run out of development money.
There are some 'safeguard thresholds' the DAO should not cross.
- If Treasury sits between $50M and $85M, buybacks drop to 50%.
- If the liquid treasury falls below $50M, buybacks stop.
Great to see a DeFi giant being se
With over $145M in stables and stETH sitting idle, the DAO is looking to return value to holders.
These assets generate no revenue. Time to put them to work.
The proposal:
• 70% of NEW incoming assets → $LDO buybacks
• 30% retained for ops & strategy
Why like this?
To ensure the DAO doesn't run out of development money.
There are some 'safeguard thresholds' the DAO should not cross.
- If Treasury sits between $50M and $85M, buybacks drop to 50%.
- If the liquid treasury falls below $50M, buybacks stop.
Great to see a DeFi giant being se
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Dream BIG or NGMI
In this new blog post:
• Did crypto forgot how to sell big dreams?
• Projects that still make us dream
• A call to raise your targets
Read it here:
In this new blog post:
• Did crypto forgot how to sell big dreams?
• Projects that still make us dream
• A call to raise your targets
Read it here:
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What's the current dominant crypto narrative?
Memecoins? Nope but some like $PENGU and SPX6900 do great
DeFi? Some like $SPK pumped but others struggling
DATs? Helped pump $ETH and $ENA managed to time it well
Yet it feels like the days when a single narrative could lift all tokens have ended.
Instead, outliers driven by a specific set of catalysts perform well.
Catalysts that rely on the hard work of teams and their communities.
Memecoins? Nope but some like $PENGU and SPX6900 do great
DeFi? Some like $SPK pumped but others struggling
DATs? Helped pump $ETH and $ENA managed to time it well
Yet it feels like the days when a single narrative could lift all tokens have ended.
Instead, outliers driven by a specific set of catalysts perform well.
Catalysts that rely on the hard work of teams and their communities.
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We reached an L2 saturation point:
Aave deployed on 16 chains, but the new deployments are operating at a loss (Soneium, Celo, Linea, zkSync, Scroll).
As a result, Aave is unlikely to deploy on Bob BTC L2, even though it passed the temp check vote.
Now, a proposal on the Curve forum suggests cutting all future or ongoing L2s.
Reason? They generate barely $1.5k USD in fees while costing the team financial and time resources.
Real tough time for undifferentiated L2s.
Aave deployed on 16 chains, but the new deployments are operating at a loss (Soneium, Celo, Linea, zkSync, Scroll).
As a result, Aave is unlikely to deploy on Bob BTC L2, even though it passed the temp check vote.
Now, a proposal on the Curve forum suggests cutting all future or ongoing L2s.
Reason? They generate barely $1.5k USD in fees while costing the team financial and time resources.
Real tough time for undifferentiated L2s.
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I only know people who got life-changing rich through crypto.
My classmates, uni friends, childhood frens... Some do quite well.
Smart and hardworking. But none built generational wealth the “slow” way.
Maybe just my environment (Europe & Asia).
I feel that for me, from Eastern Europe, crypto wasn’t a lottery ticket. It was the only lottery ticket.
Higher.
My classmates, uni friends, childhood frens... Some do quite well.
Smart and hardworking. But none built generational wealth the “slow” way.
Maybe just my environment (Europe & Asia).
I feel that for me, from Eastern Europe, crypto wasn’t a lottery ticket. It was the only lottery ticket.
Higher.
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Crypto winning is not cashing out to fiat.
"Lock in the profits. Take the chips from the casino and send fiat to your bank.
Otherwise, stablecoins are too readily available to go back into the market." Seeing more posts like this.
Yet, true crypto industry win is never leaving the onchain world.
Spend stablecoins on real-world items, earn DeFi yield or invest in tokenized TradFi funds & private equity, and diversify with tokenized S&P 500 or gold.
Boomers will go onchain while crypto natives return to fiat banks?
Nope.
Banks that offer abysmal yields, terrible app UI, and the risk of having yo
"Lock in the profits. Take the chips from the casino and send fiat to your bank.
Otherwise, stablecoins are too readily available to go back into the market." Seeing more posts like this.
Yet, true crypto industry win is never leaving the onchain world.
Spend stablecoins on real-world items, earn DeFi yield or invest in tokenized TradFi funds & private equity, and diversify with tokenized S&P 500 or gold.
Boomers will go onchain while crypto natives return to fiat banks?
Nope.
Banks that offer abysmal yields, terrible app UI, and the risk of having yo
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Crypto winning is not cashing out to fiat.
"Lock in the profits. Take the chips from the casino and send fiat to your bank.
Otherwise, stablecoins are too readily available to go back into the market." Seeing more posts like this.
Yet, true crypto industry win is never leaving the onchain world.
Spend stablecoins on real-world items, earn DeFi yield or invest in tokenized TradFi funds & private equity, and diversify with tokenized S&P 500 or gold.
Boomers will go onchain while crypto natives return to fiat banks?
Nope.
Banks that offer abysmal yields, terrible app UI, and the risk of having yo
"Lock in the profits. Take the chips from the casino and send fiat to your bank.
Otherwise, stablecoins are too readily available to go back into the market." Seeing more posts like this.
Yet, true crypto industry win is never leaving the onchain world.
Spend stablecoins on real-world items, earn DeFi yield or invest in tokenized TradFi funds & private equity, and diversify with tokenized S&P 500 or gold.
Boomers will go onchain while crypto natives return to fiat banks?
Nope.
Banks that offer abysmal yields, terrible app UI, and the risk of having yo
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$PUMP trades below its ICO price, at $3.6B.
Weekly generated fees are also trending down, yet remain at a respectable $10.2M.
Pump smartly launched their DEX, which generates about 50% of all fees.
From the total 0.3% swap fee, 0.05% goes to the team and 25% of that for $PUMP buybacks.
This puts Pump Fun at 17th in all crypto industry in terms of fees, just below Bonk, which is gaining market share from Pump.
- $BONK: $2.5B market cap ($3b FDV)
- $PUMP: $1.3B MC ($3.6B FDV)
Although PUMP private sale investors hold 18% of the total supply.
Earliest reported seed valuation is just $12m USD.
It'
Weekly generated fees are also trending down, yet remain at a respectable $10.2M.
Pump smartly launched their DEX, which generates about 50% of all fees.
From the total 0.3% swap fee, 0.05% goes to the team and 25% of that for $PUMP buybacks.
This puts Pump Fun at 17th in all crypto industry in terms of fees, just below Bonk, which is gaining market share from Pump.
- $BONK: $2.5B market cap ($3b FDV)
- $PUMP: $1.3B MC ($3.6B FDV)
Although PUMP private sale investors hold 18% of the total supply.
Earliest reported seed valuation is just $12m USD.
It'
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