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Crypto research & investor. Prev: @SlushHQ, applied math @AaltoUniversity.

Joined December 2015
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There's an elephant in the @Uniswap room and it's called The Fee Switch. The elephant exists to remind people that a business should generate revenue or at least have a convincing plan to do so in the future. Let's take a deeper look at what's going on:
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laurikainen.eth retweeted
@mhonkasalo & @teemulau are excited to bring Uniswap protocol on a financially sustainable path forward vote.uniswapfoundation.org/d…
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laurikainen.eth retweeted
We've updated our @MakerDAO delegation addresses with @teemulau for Endgame. You can delegate your $MKR to the 2 CVC strategies we follow here: - vote.makerdao.com/address/0x…. - vote.makerdao.com/address/0x…. If you want to learn more about why you should delegate your $MKR, DM me.
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laurikainen.eth retweeted
A rare exponential curve in this bear market. @MakerDAO 75% of revenues are now RWA (incl. GUSD rewards). 🛠️ Governance also decided to distribute 1% reward yield to DAI holders. 🎁🎄 Gradually, then suddenly. 🚀
Real-world assets exposure at @MakerDAO Gradually, then suddenly.
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This same misconception plagues crypto still widely, another example: "@Uniswap has billions of $ in their treasury" The misconception probably arises from TradFi being much more liquid, leading often to IV ≈ RV. Crypto is extremely illiquid and people take advantage of it.
Replying to @jonwu_
But implied value != realizable value. Anyone who's tried to sell NFTs in a falling market knows how painful it is to try to realize value in an illiquid asset:
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As uncomfortable as it is, excess greed getting wiped out from this industry is good long-term. In ten years, credible businesses should thrive and criminal companies should be bankrupt. Crypto remains net positive for the world, nothing about this has fundamentally changed.
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Success stories are often built in the bottom of bear markets. Housecat is built for the masses, in the intersection of crypto + social. The team will appreciate any feedback on the v1.
1/ Today we are incredibly excited to launch Housecat globally for anyone who is interested in getting access to the best Web3 investment strategies housecat.com/blog/welcome-to… We’re first building on @0xPolygon and will start out with the tokens that have the most liquidity.
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laurikainen.eth retweeted
Three (🦄🦄🦄) new Uniswap Delegates have introduced themselves to the community in the forum over the past few weeks 1. @PennBlockchain 2. @mhonkasalo and @teemulau 3. @GammaStrategies Read about their platforms & how to delegate (to them or existing delegates!) below...
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I drew this bird with mathematical equations.
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laurikainen.eth retweeted
In the early decades of the internet, when end-to-end encryption was developed, it was controversial. "Who would want privacy online, other than bad people!?" But of course this technology became a key pillar of safe online credit card payments. We all use it now.
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1/ @MakerDAO has a 7 times higher vote participation rate than @Uniswap. Maker’s governance is more decentralised than Uniswap's, partly due to its Recognized Delegate Program. I put the data together, let’s see:
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11/ Limitations to keep in mind: - The analysis is based on addresses and 1 address != 1 person in some cases. Reality can be slightly more centralised for both protocols. - Data was gathered from different time periods to get a sufficiently large and comparable data set.
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