What does @basis__pro dynamic reward rate (DRR) mean:
buy where the asset is cheaper and sell where it's pricier, so the profit is the spread, not the trend.
The strategy's returns are meant to be independent of market direction.
deyvid retweeted
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Market neutral, in @basis__pro case, means your yield isn't supposed to depend on whether prices go up or down.
The idea is that the strategy holds offsetting positions, so price moves cancel out
In Funding rate trade; hold the asset in spot and short the same amount in perpetual futures
deyvid retweeted
Pedro Neto managed to predict the future 🔮
🔵 @ChelseaFC
deyvid retweeted
The displayed DRR has been increased across all four supported assets.
stBTC: 0.18% DRR / 65.70% APR (prev. 0.16% / 58.40%)
stETH: 0.20% DRR / 73.00% APR (prev. 0.18% / 65.70%)
stSOL: 0.20% DRR / 73.00% APR (prev. 0.18% / 65.70%)
stPAXG: 0.22% DRR / 80.30% APR (prev. 0.20% / 73.00%)
Why: BTC funding stayed green all week (21 of 21 epochs, SOL 20 of 21) and all three majors pinned at the +0.01% cap into Nov 4, while a choppy spot tape (SOL 15.6% weekly range) kept cross-venue spreads wide. Positive funding plus volatility is exactly what market-neutral pipes harvest.
deyvid retweeted
Keep exposing them, I spoke about opposition using international influencers since a lot of Nigerian influencers are working for APC.
I’m glad we are gradually getting there🤭🤭
In a simple sentence @basis__pro can be described as Dynamic reward rate; rather than a static number, BASIS adjusts payouts based on how much "structural alpha" the strategy is actually capturing that period, in theory tying rewards closer to real market conditions than a fixed promise would.
deyvid retweeted
Voting day. BTC options price a narrow event: Nov 4-expiry puts trade ~10 vol points over calls (~55% IV, ~5% OTM). Longer-dated IV sits near record lows. The market pays for one-day protection, not a trend.
Got into @basis__pro and stopped asking questions about these systems:
CEX vs DEX price gaps
Funding rate differentials
Dynamic reward rate — rather than a static number, BASIS adjusts payouts based on how much "structural alpha" the strategy is actually capturing that period, in theory tying rewards closer to real market conditions than a fixed promise would.
deyvid retweeted
LET THAT SINK IN!!! Out now 💿
madsol.ai/phyno-ltsi
deyvid retweeted
Seems token recovery already began.
Another little detail in addition to the effort described, users pay trading fees on Binance in the coins they trade, so Binance's naturally accumulates all tokens they list.
Your funds are SAFU!
Binance has begun recovering affected assets for users and continues to work with law enforcement, issuers, blockchain intelligence firms and industry partners to trace, freeze and recover additional funds.
The company has already publicly committed to cover losses through company funds in the prior announcement.
Binance has already reserved over $6.34B of company funds to cover this incident. $5B of these funds are already held in the exact token assets that were impacted. We are completing the purchase of the remaining amount by buying token assets through market channels and OTC channels. We are doing this to match the format of the remaining token assets and address any asset shortfalls. This step can take longer because some tokens may have low liquidity and OTC settlement also takes time. We will share more progress as soon as we can.
These figures do not include frozen or protected assets, which remain subject to ongoing recovery and verification. Currently, $3bn has been frozen, with thanks to our industry partners. We are working with partners and law enforcement to recover the frozen assets.We will continue to use company resources to cover confirmed shortfall and will provide further verified updates as recovery efforts progress. Ultimately, all user funds will be verified publicly through our Proof of Reserves.
We will weather this storm. Thank you for the support.
One thing that surprised me every day about @basis__pro was how quickly it became something I didn’t feel the need to constantly monitor. I expected to keep checking my position and rewards throughout the day, but after getting familiar with the dashboard, I mostly just check in occasionally and let the stake run in the background
deyvid retweeted
You can now turn XP into real $SOL on @gib_work.
Spent 500 XP → silver box → 0.0026 $SOL.
Bronze, silver, or gold.
It’s probability.
Streak makes higher tiers more likely.
Next one in 24 hours.
Plus users are already pulling $SOL just from doing bounties.
What’s the highest tier you’ve pulled so far?
