Andrew Køng, Discover and Read the Best of Twitter Threads by @Rewkang

Andrew Køng

Rewkang

0/ Tokenomics Tips - Token FloatLaunching with a tiny token float has a high potential for short term euphoria at the cost of long term pain 1/ Why do so

1/ Empty Set Dollar ($ESD) [@emptysetsquad]The first such asset to simultaneously serve as a Store of Value (SOV), stablecoin and a speculative assetAn incredibly asymmetric and reflexive opportunity 2/ Stablecoins

1/ Oracles Usage in AMMsMany AMMs (@synthetix_io, @Bancor, @BreederDodo, @perpprotocol, etc.) have adopted oracles to provide reference pricing, but does it really work? I'll explain 2/ These AMMs use

Where are we in the DeFi market?We're definitely not at the 2018 stage of the market where we see a long bear marketProbably somewhere between First Sell Off and Bear

Startups don't run the same growth marketing promotion for multiple years, and DeFi projects shouldn't either0/https://twitter.com/Rewkang/status/1287416370242650113 1/ Startups run aggressive promotions during various points in the

Liqudity Mining (Token Based Network Bootstrapping) is not a scam, it’s the crypto version of a startup growth marketing programIt can be used to achieve hyper growth, but does always

The liquidity profile and peg of wBTC is exponentially stronger than people realizeLet's talk about the liquidity pathways of wBTC, prop trading and why Proposal 014 should passhttps://twitter.com/rleshner/status/1280305562253529088 @ga

With recent DeFi token price run-ups, people have been crying "bubble!".So is it too late to invest or not?Here are my thoughts on where we are in the state of

LIQUIDITY BLACK HOLE THEORY There exists a token-based AMM design That threatens to create a liquidity blackhole Pulling in assets from everywhere CEXs, DEXs, Cold Storage, etc. I'll break it