Ignas | DeFi
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X @Ignas | DeFi
Ignas | DeFi· 2025-11-28 14:16
This cycle was tough for making money, but we succeeded in finally bringing 'killer crypto apps.'At least three:- Stablecoins- Prediction markets- TokenizationWe could add onchain perps, too.None of the above have reached their max potential. Far from it.It's not the time to leave crypto. ...
X @Ignas | DeFi
Ignas | DeFi· 2025-11-28 11:30
Super curious how Native support for wallet passkeys will work after Ethereum Fusaka upgrade.It will allow using FaceID or fingerprints for wallets instead of seed phrases.But how will it work in practice? Wallets still need to support it? ...
X @Ignas | DeFi
Ignas | DeFi· 2025-11-28 11:21
EtherFi card directly increases demand for borrowing without the leverage looping that DeFi relies so much.This increases DeFi resilience from bull/bear cycles. https://t.co/1bjWWWYzLo ...
X @Ignas | DeFi
Ignas | DeFi· 2025-11-28 11:18
Crypto Wallet & Payment - Card payments are a lifeline for crypto wallets, suggesting a critical role in user adoption and platform viability [1] - Argent (now Ready) experienced an increase in statistics after integrating card payments, indicating a positive impact on user engagement or transaction volume [1] - Argent (now Ready) has been struggling to find Product-Market Fit (PMF), highlighting the challenges faced by crypto wallets in achieving widespread adoption [1]
X @Ignas | DeFi
Ignas | DeFi· 2025-11-28 11:16
Crypto Payment Landscape - Crypto payment solutions have largely been considered unsuccessful since Bitcoin's inception [1] - EtherFi Card data indicates most transactions are small payments, ranging from $1 to $50 USD [1] - Onchain transactions, regardless of origin (crypto wallet or card swipe), settle on ETH L2s, Solana, etc, with gas fees [1] Challenges and Opportunities - Visa and Mastercard take a significant cut, but this may be a temporary situation [2] - New non-custodial crypto cards are developing their own payment rails, exemplified by Payy [2] - Crypto cards initially leverage Visa and Mastercard's reach [2] - Stronger rewards, such as cashbacks, collateral-backed credit, and yield, attract users [2] - Growth beyond the crypto niche could allow these networks to encroach on the legacy payment system [2] Future Prospects - Blockchain technology is already facilitating spending and driving stablecoin adoption [3] - The industry anticipates self-custody options and DeFi integration through EtherFi Cash in 2025 [3] - Users will no longer need to convert stablecoins to fiat currency [3]
X @Ignas | DeFi
Ignas | DeFi· 2025-11-27 10:15
Why would you hold USDT instead of USDC?For trading some markets? Sure.Maybe occasional higher yield on lending?But there's no point being a stablecoin maxi: neither USDT nor USDC pass down the yield to holders.No equity exposure to Tether either.You get 100% of the risk but no upside (only temporary escape from crypto volatility).There's also no need for CT to get defensive on S&P's latest downgrade risk for USDT to 'weak'.That was my first though.On the second thought, Tether is buying BTC (5.5% of backin ...
X @Ignas | DeFi
Ignas | DeFi· 2025-11-27 04:00
RT Ignas | DeFi (@DefiIgnas)Tell me why $MON wouldn't flip $SUI?By MC, MON can 11x to $0.5 but even by FDV it's a 3.4x. https://t.co/CDEe484jk0 ...
X @Ignas | DeFi
Ignas | DeFi· 2025-11-26 23:01
RT Ignas | DeFi (@DefiIgnas)The latest Binance listing is $18M FDV token.It pumped and dumped by 81% from ATH on Binance listing.Prior to listing (July), World Liberty Financial (WLF) acquired $40k of $BANK tokens.Lorenzo is an onchain traded fund with main focus is CeFi trading strategies: basis trades, arbitrage, and market-neutral strategies run on CEXs.Main token is enzoBTC ($512m in TVL) and WLF USD1 stablecoin.USD1 is the settlement asset for Lorenzo’s OTFs, vaults, and yield products. ...
X @Ignas | DeFi
Ignas | DeFi· 2025-11-26 15:53
Tell me why $MON wouldn't flip $SUI?By MC, MON can 11x to $0.5 but even by FDV it's a 3.4x. https://t.co/CDEe484jk0 ...
X @Ignas | DeFi
Ignas | DeFi· 2025-11-26 13:35
Notice a big psychological split between the AI trade and BTC trade:AI is the optimist’s trade.BTC is the pessimist’s trade.BTC is the debasement play. A pure liquidity proxy:Debt is too high, so system prints fiat, and BTC protects you when the currency gets diluted.AI is the productivity play. Real growth. If output increases drastically, the world can outgrow its own debt.BTC protects you from the bad times.AI rewards you in good times.No wonder many dislike BTC as optimists build the future.I think this ...