avatar
YashasEdu
5,876 Twitter followers
Follow
Love to read and write on DeFi and AI | Building @PrismHub_io | Thoughts are my own
Posts
avatar
YashasEdu
Thread
TLDR: @aave's facing governance tension btw the DAO and Aave Labs over brand control and frontend revenue. Here are my thoughts👇 ➥ Some major whales sold their $AAVE position and took a heavy loss due to this ➥ Aave still works ➥ It is profitable with solid TVL and strong quarterly revenue ➥ The tech is still solid None of that changed. What changed is the invisible contract btw builders and holders is being questioned. I'm not saying Aave is doomed. I'm saying trust compounds slowly and breaks quickly. Right now it's breaking and a rushed holiday vote isn't fixing it. The one thing I'm concerned of atm is whether everyone still want the same thing or did the endgame change... I'm aligned with this take of @sjdedic👇 twitter.com/YashasEdu/status/2...
AAVE
1.46%
avatar
YashasEdu
Thread
There are 100+ L2s right now with over $100K locked but in reality, only two are winning. 1. @base 2. @arbitrum Base leads with in all-time revenue (Coinbase's distribution power is real) but Arbitrum is quietly become the infra layer for serious finance. ➢ Total value secured hit $20B ➢ Robinhood stock tokens crossed $50M cumulative volume ➢ Stablecoins peaked at $10.6B and processed $150B in volume ➢ Revenue hit $4.5M in October from multiple streams ➢ Most value is properly secured Some L2s are shutting down and new ones keep launching, but most won't survive. Liquidity is too fragmented. Users don't care about specific L2, they care about the apps/product. That one chain other than these two I'm looking forward to is @megaeth, which will be launching in January which could shake things up.
avatar
YashasEdu
Thread
Really solid piece on feudal markets, which tells us how US policy protects asset prices over everything else. But there's a missing piece on how does the US even pull this off without the economy collapsing? Answer is dollar hegemony. It's not just helping the system it IS the system. Here's how🧵 Right now, US household wealth is $176.3T while disposable income is $23.1T. That's a ratio of 763% meaning assets are worth nearly 8x what people actually earn. In any normal economy, that breaks. It doesn't here because the US exports the cost. ➢ The US runs deficits, foreigners fund it ➢ Foreign holders own ~$9T in US Treasuries ➢ The US Net international investment position is -$26.14T That -$26T is basically a giant loan from the rest of the world to keep US asset prices up. China ran a $1.08 trillion trade surplus in the first 11 months of 2025 but their Treasury holdings dropped to around ~$750 by mid 2025 (down from $989B in 2021 which is lowest levels in years). They're making money selling to the world but stopped recycling it into US debt at the same rate. They're backing away. US focuses on asset prices, Japan on bonds, China on exports, Europe on coordination but these aren't just different strategies, it's a hierarchy. The US gets to focus on asset prices because the dollar forces everyone else into supporting roles... 1. China has to run surpluses to balance US deficits 2. Foreign holders have to buy Treasuries 3. Emerging markets get stuck in dollar debt Remember who's buying US Treasuries has changed👇 ‣ Central banks: $3.92T (flat since 2013) ‣ Private investors: $5.24T (up 240% since 2013) Note that central banks buy for stability (they hold no matter what) while private investors buy for profit (they leave when returns don't make sense) The system used to run on stable money. Now it runs on hot money. The money propping this up is getting less reliable. The question I keep asking myself is how long before the global funding base stops playing along? h/t to Nano Banana for infographics twitter.com/YashasEdu/status/2...
loading indicator
Loading..