The Debt Doom Loop And Why We're Destined To Print

My macro endgame thesis

>"A story of an over-indebted reserve country that is slowly going to be eaten up by debt and interest payments creating a debt doom loop with no way out other than for the Fed and Treasury to come together and print our way out of it."

Source: fejau’s Substack

minted Kompete's OG divine cosmetic

free mint, limited edition, tradable NFT when the Bazaar opens

great upside if Kompete does well in the future

kompete.game/shop

tldr;

de(dot)fi is a bit sus

https://x.com/Flowslikeosmo/status/1711972216324145343?s=20

Platypus sAVAX pool exploited, better GTFO out of Platypus and related forks (eg Hummus on Metis).

https://vxtwitter.com/PeckShieldAlert/status/1712355483024314626

https://snowtrace.io/tx/0x6a09d38505beeb29ed4dbb30de2803f30f3c62e2464c6a20ec17026c372c763e

ngl my Citizen of Mantle looks good

rng on my side

anyw, fp is 19 MNT, if you missed the whitelist but wish to have one, you can check it out here

FT users take note especially if you’ve used a FT sniper bot

https://x.com/garlamwon/status/1712431480822227135?s=46&t=nluSw7cwYGx8zFxfoYi5Iw

friendtech has been consistently taking hits the past few weeks

> unfair points distribution issues
> collapsing of 3,3
> simswap drains
> people using simswap/other reasons to rug keyholders -> further 3,3 collapse
> ft sniper bot draining

friendtech sentiments at an all time low as trust in the security of the platform further erodes. the collapse of 3,3 brought the prior euphoria back in check. now that everyone's keys aren't uponly, it suddenly doesn't make sense anymore. all thesis and arguments for ft went out the window. not green = not gud. only investors w conviction remain farming the airdrop and interacting w the platform. tbh i think most snipers/traders have been washed out since the frenzy is over. without the frenzy its -EV to be trading on 20% taxes.

friendtech hasn't been shipping at great speeds either compared to competitors. makes me wonder: strip the funding and airdrop speculation, what will be left of ft rn?

anyw, this would be the best time for a deriv to capitalize and possibly takeover (or at least attract some flows). let's see which one does!