Finally. As a serious allocator we can say there is still too much crap on collaterals.--D2 Finance

Finally. As a serious allocator we can say there is still too much crap on collaterals.

Offchain capital comes with a mandate, and a mandate needs an exposure it can name. A pooled market where $800M of WETH is borrowed against rsETH, or any serial rugger / low quality team that gets a listing, does not give one. Even onchain native money is finally more conservative than it used to be, and isn’t chasing points.

Happy to build HOT7 on @aave and we thank all the Hot spies out there for the exceptional fills.

Built on @base and @HyperliquidX. Coinbase stock tokens in the V4 Equities Hub, where USDC is the only borrow, perps short against them. The NVDA card is the hedge leg (the long leg is the Aave screen above it).

Funny that French KOL @Cbb0fe recommends now what we have been doing for over a year at this point (perp leg since xyz day one). Probably why the best art in France is the Gioconda, painted by an Italian KEK 😉

Stani, ship it.