Devin Baker

Ethereum is fundamentally about property rights. The Ethereum protocol creates a digital, self-custodied, permissionless asset whose value can be transmitted globally and cannot be seized or censored. Ethereum's relentless pursuit of decentralization is the means to that end. Any compromise on decentralization opens an attack surface for regulatory... See more

Network TEV (Total Economic Value) is defined as follows:

TEV = Network Fees + MEV Tips + Issuance

Now, the US gov is shutdown...again. The Treasury hedged this by not drawing down the TGA at all after the last shutdown and in fact added more to it (more liquidity drain).

This is the current air pocket we are facing and it's causing brutal price action. No liquidity for our beloved crypto yet.

However, the signs are that this shutdown will get... See more

Before we get to the crack-up-boom phase in this crypto bull market, I believe the crypto markets will experience a harrowing dump around Trump’s January 20th 2025 inauguration day. Maelstrom will be lightening up on certain positions in advance, hoping to rebuy some core positions at lower prices sometime in 1H25. Obviously, every trader says this... See more

Social Flywheel . Their virtual trust marketplace allows token holders to suggest trades to the agents, have their reputation evaluated as a source of insights, and grow their influence as their suggestions yield good results. Not only will having a good reputation score and ranking high on the leaderboard be socially desirable, but being able to... See more

Don’t wait for the perfect pitch Real life is not baseball. There’s no free trip to first base, and you’re not limited to three strikes. Just keep swinging.

REV is often the best single metric in assessing real demand to use a given network.