LobsterDAO 🦞

16 Jul 2025 19:02

Could you DM me a link to the research?

LobsterDAO 🦞

16 Jul 2025 18:51

It's when you fart in a house and close the doors and windows

LobsterDAO 🦞

16 Jul 2025 18:46

danish mortgages are like swaptions it’s super interesting actually. The algorithmic index desk at nomura did some research on this for scandi sales - you can decompose danish mortgages to track points on the swaption vol surface

The biggest issue is lack of fwd / yield curve in defi

LobsterDAO 🦞

16 Jul 2025 18:46

Check out Danish mortgages and Dutch mortgages though. There’s an interesting play to be made with both.

LobsterDAO 🦞

16 Jul 2025 18:12

I don't actually, I was just remortgaging and saw offset products in the UK and was musing.

LobsterDAO 🦞

16 Jul 2025 18:07

look into HomeTap maybe

LobsterDAO 🦞

16 Jul 2025 17:58

do you have a mortgage you're trying to work with?

LobsterDAO 🦞

16 Jul 2025 17:14

Reminder for ethtards like me that now is the crucial moment for community feedback on the glamsterdam headliner protocol update

Lots to choose from that helps scaling including cutting eth block times in half to 6 seconds (!)

https://x.com/nixorokish/status/1945280046714769438?t=4puEekFiC5YVvQTS25XgDA&s=19

LobsterDAO 🦞

16 Jul 2025 17:12

To the moon!

Sorry for spam but I thought it was funny context that I just realised I made a decimals errors on an euler vault I deployed just now…. maybe freudian slip 😊

LobsterDAO 🦞

16 Jul 2025 17:06

Hi, how do i post on lobsterdao hr?

LobsterDAO 🦞

16 Jul 2025 17:05

Interesting PoV - why do you think it dies? i totally agree that over the next year the TVL will drastically increase, reducing the value of some millions for hire - but i would not think that the yields will decrease to nothing, as it will be always higher than a risk free rate (hence - it has more risk)

LobsterDAO 🦞

16 Jul 2025 17:02

The Tether/Circle business model of collecting risk-free assets will be dead as soon as GENIUS goes through. The next casualty will be the Ethena business model because the banks will collapse the carry trade. The result will be DeFi yield will collapse and converge rapidly towards tradfi rates and liquidity will skyrocket in digital assets by trillions.

Result
- TVL-for-hire dies
- More economically viable activity
- Token volatility decreases - less yolo opportunities
- ETH + DeFi Alts Price goes ^^^^^
- Huge explosion of assets as collaterals
- Multi-ccy fiat

The builders will benefit from far larger markets - when you have sudden access to a larger market you get rich and suddenly businesses pop up all over the place. Look at New Zealand when they created Fonterra - suddenly the poorest in NZ became the richest

LobsterDAO 🦞

16 Jul 2025 16:53

why? Banks should finally start being… well… banks and actually start custodianing assets for a fee. The spreads will collapse immediately to almost zero. The trading desks in banks are the most competitive areas of industry in the world - anyone that thinks banks just sit on TBills needs to go quote intraday swaps for an afternoon

LobsterDAO 🦞

16 Jul 2025 16:41

Is it like algebra or ichi?

LobsterDAO 🦞

16 Jul 2025 16:17

Balancer just launched their new passive concentrated liquidity pools

https://x.com/Balancer/status/1945484545803031021

LobsterDAO 🦞

16 Jul 2025 18:55

Source as much capital as possible, then deploy all of it

LobsterDAO 🦞

16 Jul 2025 18:49

What’s a Danish mortgage?

LobsterDAO 🦞

16 Jul 2025 18:46

How would you play this?

LobsterDAO 🦞

16 Jul 2025 18:18

Gotcha. Happy to chat sometime. Most of what I’ve found is the likelihood a B2C company breaks through in mortgages is very low. Solutions, if implemented, will almost certainly be implemented B2B, and if the 2nd B feels nice maybe Cs will see something.

LobsterDAO 🦞

16 Jul 2025 18:09

A very hot thing right now is hedge or pension funds buying part of your house.

LobsterDAO 🦞

16 Jul 2025 18:03

you're right that the current thinking is that income should matter. non-traditional debt issuers trying to break into real estate exposure are starting to ask why.

LobsterDAO 🦞

16 Jul 2025 17:14

Separately, anyone have any good recommended reads on ePBS?

LobsterDAO 🦞

16 Jul 2025 17:12

totally agree on this - we are currently exploring to list DeFi yield as ETFs, and we basically need to do all the risk-management currently manually - especially the principal risk is very tough to identify.

LobsterDAO 🦞

16 Jul 2025 17:09

what we’re missing in DeFi is the risk-hedge: I’m convinved this year we will see the first fully insured defi pools. With sophistication of quants in banking I think we’ll also start getting CDS products on the credit exposure as things like Multipli and Ethena will be treated as credit agreements so it’s like buying a CDS on a sub-fund of Jump

LobsterDAO 🦞

16 Jul 2025 17:06

Sounds to me like Frax is on a good path 👀 Ngl, love what they are building. Still think there is a path for new types of innovations in DeFi tho. FXN seems sustainable with their yield, as it is based on demand for leverage.

LobsterDAO 🦞

16 Jul 2025 17:04

Builders here are the Bezos/Zuckerbergs of tomorrow - think about what happened when banks and tradfi hit the internet...

if you are building quality platforms you will benefit to an insane level I don’t think we can comprehend. If ytou are building PumpFun clones good luck

LobsterDAO 🦞

16 Jul 2025 17:02

You think assets, I think builders

LobsterDAO 🦞

16 Jul 2025 16:42

https://docs.balancer.fi/concepts/explore-available-balancer-pools/reclamm-pool/reclamm-pool.html

The maffs is in the docs here, i feel its a bit different than both. not atomic ticks.

LobsterDAO 🦞

16 Jul 2025 16:18

Vibecoders, remain vigilant!

https://x.com/officer_cia/status/1945181172729786643?s=46

LobsterDAO 🦞

16 Jul 2025 16:15

If you hate talking to people and want to dig into on-chain math/econ in silence/peace with me - consider dropping me a dm on twitter. We are looking for interns that hate the world but like numbers

https://x.com/joel_john95/status/1945485701392331214

(Sorry Ivangbi, i'll go buy nft now - and make up for this sin)