HanJay Contemplates
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I vocalize my thoughts here. DM: @hanjasonn. Tweets x.com/hanjaycrypto. Casts warpcast.com/hanjay.eth

Disclaimer: I'm 80% builder and 20% investor, so it's not a trading channel. But you would find a lot of hidden opps if you read carefully.
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Back to the basic, the fresh, and the legends

Để giữ vững niềm tin, đừng quên lý do chúng ta đã bắt đầu, những gì đã xúc tác và tạo nên ngành công nghiệp mới mẻ chúng ta đang ở trong.

Trở về với những thứ cơ bản nhưng là tinh tuý nhất là cách để bạn nuôi dưỡng niềm tin.

Bitcoin Whitepaper: http://bitcoin.org/bitcoin.pdf

Ethereum Whitepaper: http://ethereum.org/en/whitepaper

Why Decentralization Matters: https://cdixon.org/2018/02/18/why-decentralization-matters/

Web3/Crypto: Why Bother?: https://continuations.com/post/671863718643105792/web3crypto-why-bother

Placeholder's investment thesis: https://ipfs.io/ipfs/QmZL4eT1gxnE168Pmw3KyejW6fUfMNzMgeKMgcWJUfYGRj/Placeholder%20Thesis%20Summary.pdf

The case for a small allocation to Bitcoin: https://www.kanaandkatana.com/valuation-depot-contents/2019/4/11/the-case-for-a-small-allocation-to-bitcoin?utm_source=pocket_mylist

The Quiet Master of Cryptocurrency: https://tim.blog/2017/06/04/nick-szabo/

An (Institutional) Investor’s Take on Cryptoassets: https://s3.eu-west-2.amazonaws.com/john-pfeffer/An+Investor%27s+Take+on+Cryptoassets+v6.pdf

Beyond the Bitcoin Bubble: https://web.archive.org/web/20220613230645/https://www.nytimes.com/2018/01/16/magazine/beyond-the-bitcoin-bubble.html

Tweet gốc từ Jason Yanowitz từ Block Works: https://twitter.com/JasonYanowitz/status/1536488408926797826
Hmm things are getting worse. Thread by Cumberland

https://twitter.com/CumberlandSays/status/1536714435091480577
HanJay Contemplates
Let's see if I get liquidated. Strongly believe that I won't
deploying more capital. steady lads 😂
Forwarded from SPACE - CHANNEL
Phốt 3AC lấy $1M của khách hàng

Danny đã quen 3AC từ 2018. Từ tháng 11/2020, 2 bên ký thoả thuận bên này sẽ trả phí để sử dụng các tài khoản trading đứng tên 3AC. Thoả thuân ghi rõ, bên Danny có thể rút tiền bất cứ khi nào họ muốn.

Vào 12/6, khi thị trường giảm và bên Danny cần bơm giáp vào sàn khác thì team 3AC cho rút bình thường. Vào 13/6, thị trường giảm tiếp, bên Danny yêu cầu rút số tiền to hơn thì không nhận được trả lời. 24h gần nhất, bên Danny thấy $1M bị rút ra khỏi tài khoản. Nhắn cho Kyle Davies (co founder 3AC) và team 3AC nhưng không nhận trả lời. Gọi điện cũng không nghe dù đang online

https://twitter.com/Danny8BC/status/1537224378554806272?t=Oq3EjPaX_zZ34KMy4wfFwA&s=09
Yes the bear could be more brutal 'cause we haven't seen the unprecedented combination of bad macro conditions like this but I also believe it won't last long. Crypto fundamentals is strong as never before. There's always bull market somewhere, could be in users or traction growths

- More brutal
- Things will be back soon

https://twitter.com/alee/status/1537113372616822786
Founder của Messari Crypto lên tiếng về tình trạng của 3AC

- Nợ lúc này lên đến $1B - $1.5B
- Founders lặn mất tăm, cả team cũng không tìm thấy
- Quỹ bạn là DeFiance Capital có vẻ cũng đã bị chơi khăm

https://twitter.com/twobitidiot/status/1537664249744465920?s=21&t=g3nF9nj2tdS0oFjlWXVFaQ

Thực sự, lần đầu chứng kiến một thời kỳ bất ổn như thế này sau năm. Generational bottm is coming
The more you are being pulled down in the bear, the higher the destinations you should aim for in the bull. More lessons recorded, conviction reinforced. You would be surprised by how many smart, talented people by whom you are able to be surrounded
There's always a bull market somewhere

Growing in bull is for any average Joe builders. Growing in a lowkey way in bear was what OG DeFi protocols did back in 2019. Spotting out which growths are manipulated and which are organic and healthy is what needed to separate the wheat from the chaff. For example, the recent floor price growth in top NFT collections, I think, is the chaff. In the meantime, the growth in monthly NFT-collateralized loan volume in NFTfi and in Synthetix Fees on Ethereum mainnet and L2 Optimism, from which protocol stakers earn a cut, are wheats.
I don't expect Kain's prediction 10 days ago could turn to be a real thing that quickly. Single day fee captured on Synthetix is about to flip Bitcoin's. As of June 18, the gap is only 0.12% difference according to cryptofees's data. Check out my thread:

https://twitter.com/hanjaycrypto/status/1538440756138061827
HanJay Contemplates
I don't expect Kain's prediction 10 days ago could turn to be a real thing that quickly. Single day fee captured on Synthetix is about to flip Bitcoin's. As of June 18, the gap is only 0.12% difference according to cryptofees's data. Check out my thread: …
Both start with B that could make us misread them sometimes. My bad.

Single day fees captured on Synthetix clearly flips Bitcoin's now (and about to flip BSC's). Result is far better than we thought. Other info in the thread is fine
Optimism summer

Single day fees trên Synthetix đã vượt $1M. Hôm qua khi mình update tweet này con số mới là $600K (https://twitter.com/hanjaycrypto/status/1538440756138061827)

Money printing machine!

Lý do cho sự tăng trưởng này đến từ các protocol 'trong hệ sinh thái' Synthetix (có quan hệ mật thiết bởi fee charged trên các protocol được phân chia lại dưới dạng sUSD cho $SNX stakers)

- Atomic Swap trao đổi giữa các Synthetix assets trên 1inch và Curve Finance

- Các sản phẩm futures trên Optimism bao gồm Kwenta, Lyra và Polynomial

Nếu có Optimism summer, đó là Synthetix summer
HanJay Contemplates
Let's see if I get liquidated. Strongly believe that I won't
Didn't get liquidated whatsoever after a freaking red week. In contrast, the loan is collateralized well. Say, topping up to $37K?
OG DeFi protocols are really taking off. Besides Synthetix, which surpassed $1M in single day fees captured today, Aave 's single day fees is about to hit the same threshold. $900K already.

https://twitter.com/hanjaycrypto/status/1538983704218976257/photo/1
Imagine that there'll be a big DYDX planet in this Cosmos Universe

https://mapofzones.com

I was pretty bullish on Cosmos super interchain ecosystem the same tine last year. But then the question of value accrual for $ATOM popped up
If $17K - $19K is the next local bottom, let's take a wild guess on how long would the price stay here.

Do notice that in every period where $BTC lingers at the local bottoms (but can't break out of specific resistances), there're always alts outperforming the whole market

A thread written by me: 🔽

https://twitter.com/spaceventureDAO/status/1540522283537686528
The 2018 bear was like a ghost town. The 2022 bear feels like a metropolis

The 1st Paradigm's investment in Africa is the evidence proving that active regions of crypto are being expanded all over the world. It's not a happening thing with traditional finance. What's the 1st thing popping up in your minds when talking about banks & web2 things in Africa?

Active crypto regions normally have real users, builders (emerging & establish projects), and capitals. So, the crypto thesis is stronger than ever, which means the 2022 B-market is your generational opportunity.

https://twitter.com/spaceventureDAO/status/1541015960081104896