(､ᐛ)ﾍ＿/ Nadim's Blog

There is a useful debate on CT happening around whether DeFi lending should be priced as a repo or as some form of short put exposure.

TLDR: Isolated lending isn't a guarantee of curated vault lending, it can exist within that model but true isolation is rare.

The tokenization of so-called "real world" assets is all the rage, and you'll hear its proponents sing its praises on the basis of the operational efficiencies and expanded distribution that can be unlocked by tokenizing assets on a blockchain (which means

Tried and true, Pendle stands the test of time.

Fully onchain games are the only "web3 games" that I find interesting or worthwhile.

Coffee entered my life in an unremarkable way: instant coffee, its bitter taste drowned by milk (sometimes of the instant variety, or even worse, creamer) and a copious dose of sugar.

The United States dollar (USD) remains the world’s principal reserve currency and the most widely used for international trade.

The nature of money is, and has always been, a topic of contention.

It's hard to write about moments of mass hysteria without falling prey to hindsight bias.

Recently I've been thinking about the importance of writing my thoughts down.