Dεrriςκ (@Derrickwritess) header
Dεrriςκ (@Derrickwritess) profile picture

managing your fav crypto brands - I build content strats & simplify RWAs - animating stuffs with si 😗 foxy's adopted son

Wεβ 3.0
Joined June 2022
Photo by Dεrriςκ (@Derrickwritess)Photo by Dεrriςκ (@Derrickwritess)Photo by Dεrriςκ (@Derrickwritess)Photo by Dεrriςκ (@Derrickwritess)Photo by Dεrriςκ (@Derrickwritess)Photo by Dεrriςκ (@Derrickwritess)Photo by Dεrriςκ (@Derrickwritess)Photo by Dεrriςκ (@Derrickwritess)Photo by Dεrriςκ (@Derrickwritess)Photo by Dεrriςκ (@Derrickwritess)
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Jensen Huang just resigned today after 33 years of building Nvidia. what about this guy, when him?
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hey billionaires, we want to hear from you. we’re opening up one-on-one calls with members of the @SpoutFi community who want to share their thoughts, ask questions, or simply have a conversation with the team. whether you’ve been testing Spout, have concerns about the product, want to share feedback, or are curious about the bigger vision we’re building towards, we’d love to hear from you. it’s an opportunity to speak directly with the founding & marketing team, tell us what you think, what you’d like to see improved, and what you hope Spout becomes. and if you’ve never tried the Spout testnet, that’s perfectly fine too. slide into my DMs, and i’ll get you a private access code. no formalities, just honest conversations. if you’re interested, my DMs are open
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Dεrriςκ retweeted
only top 100 is getting rewarded but 954 creators have joined. y'all should calm down please, wtf 😂
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the possible reasons for stablecoins redemption are: > increase in level of poverty: peeps needs to redeem their stables to cash to cover expenses due to shrunken income source in real life. > rise in level of panic: people are scared of losing their funds due recent exchanges and wallet hacks. in addition, we have CEOs saying that everyone will get hacked at some point. > poor performance of crypto assets: crypto assets haven't been performing well so people that kept their stables to buy dips have seen continuous dips so they decided to opt out. > collapsing of yield incentives: stablecoins grew earlier due to yield sharing rewards when people lock their stables in a vault. a reduction or decline in this rewards could make them to pull out. this is my personal opinion & suspicion but there's likeliness that this will be one of the reasons. have you ever redeemed your stablecoin to cash in the past 30 days? what's your reason?
stablecoins circulation has shrunked by $14.2B according to theblock's report. I thought we only liquidate our altcoin bags but stablecoins? in simple terms, people redeem most of their stables to cash. is this panic?
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Dεrriςκ retweeted
Congratulations to me on my convocation💜 Thank God for the process 🔥 Bachelor of Arts University of Ibadan.
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Dεrriςκ retweeted
every small account that grew in this era utilized their creation stack. > how consistent they are > how and what they post > how sharp their replies are > how they show personality > how they prove they know their shit I really suck at the 1st and 4th one, what about you?
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I have been in the Web3 space for 3 years now and one thing this space has taught me is evolution. People who knew me when I started becoming intentional about my brand on 28th June 2024 would know that I started as a content writer. In fact, I called myself a creative writer and storyteller. That was what I was building and what people knew me for before I transitioned into KOL management some months later, then growth marketing towards the end of last year. During these transitions, I lost some of my audience and engagement but that didn’t stop me. I had to evolve. I had to understand that growth sometimes requires you to change what you’re doing, pay attention to what’s working and make adjustments. That’s something product growth also requires. So, you might want to ask, “What is product growth?” Product growth goes beyond getting new users. You need to understand how people use a product, what they come for, what keeps them around and what makes them leave. You need to understand the product, its users and the problems they’re trying to solve. Then identify what’s working, what’s not and what needs to change. For instance, a product might attract thousands of users but have very few people complete their first transaction. You need to find out why and work on fixing it. The same applies to retention. If people try a product once and don’t return, you need to understand what’s stopping them. This is why product growth involves more than marketing. It requires understanding user behavior, studying data, identifying problems and working on solutions. Let’s use an example: MySpendaApp Tobi downloads MySpendaApp to convert USDT to naira. He completes his first transaction but never returns. What did Tobi just do? Downloaded the app - acquisition Completed his first transaction - activation Returns for another transaction - retention But what happens if he never returns? You need to understand why. Is it the fees, exchange rate, transaction experience or something else? That’s product growth: understanding what users experience, identifying what stops them from getting value and fixing those problems. There’s also distribution, which is a huge part of acquisition but I won’t go in depth into that here. With this, we can see that acquiring users doesn’t tell you whether your product is growing. You need to look at what they do after they arrive.
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Dεrriςκ retweeted
the more i try to stay away from sex the more I get free packs of cd. tell me why I can now click a cashtag of a ticker from x to buy it on fomo. I promised to stay away from memes a bit but looks like it won't work. there's no way this is happening 😂
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Dεrriςκ retweeted
whenever they don't want to hire you or they don't have money for your service they usually say: we'll get back to you on this, but as usual they never get back. but why can't they just tell me the truth straight up? 😂
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why's everyone vibecoding a $30 per access product & using X ads to push them? is there anyone making purchases of these products?
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I have not traded tokenized stocks on bnb but the first tokenized real estate yield token I bought was on bnb. was seamless investment & experience. they're really growing but not making much noise about it. the fact they don't have much RWAs layer 2s & big issuers like ethereum. lowkey in love with their distribution model & that of the products building there.
On the first day of this year, Ethereum held 58% of all tokenized stocks. Today it holds only 18%. The interesting thing to know is that ethereum didn't shrink. It grew 2.1x, from $342M to $726M but the market grew faster without it. The new king rn is @BNBCHAIN. It moved from $38M to $1.70B and from 6% of the market to 42%. Here's how the chains changed hands in ten months. - @BNBCHAIN: 6% → 42%
- @ethereum: 58% → 18%
- @solana: 33% → 16%
- @XLayerOfficial: 0% → 8.4%
- @RobinhoodCrypto Chain: 0% → 3.8% Ethereum built the whole tech, but exchanges brought the customers. Distribution is key.
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Dεrriςκ retweeted
for some reasons, I don't really feel bullish about elysium. like I'm not even having a shred of fomo about it. looking like a replica scenario of prev l2's.
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Debunking this belief ✍️ People on X assume that getting this notification means you are inactive and your engagement will get nuked Notifications like these are simply recommendations from X based on your activity, like accounts you follow, posts you've engaged with, or topics you've shown interest in To turn it off: ➥ Go to Settings and privacy ➥ Tap Notifications, then Preferences ➥ Tap Push notifications ➥ Switch off Recommendations
just be inactive for 20 hours and x treats you like an expired account. anyone that doesn't have a crazy level of consistency can't build in this app
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Dεrriςκ retweeted
why is nobody talking about this? anthropic just secured 1.7GW of gas powered generators to keep its AI data centers running my take is that energy demand will become one of the biggest opportunities as AI adoption grows fed that thesis into Mosh by Beep and got a portfolio built around it now i can review the assets and weights, then let an AI agent manage it channel my thesis: app.justbeep.it/mosh/riffs/p…
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one of the best ways to kill a tweet is deleting it and posting it immediately. it literally shoves off it's previous nice performance & idk why. this tweet is a perfect example.
Awareness alert 🚨. on May 15th, I got a dm from maiv finance about their recently launched land treasury. I got intrigued, thinking it could be a worthwhile investment product. so I asked them to send details and they responded with the tweet link you can see in the chat below. last Saturday, I was scrolling my DMs & decided to check on their progress. only to see that they've deleted all their tweets on X. they rebranded the account & changed to a new product [@FingerprintRWA]. so I checked on cmc and saw a series of $37.88k pulled out of their liquidity pool. then I tried signing up on their web app only to find out that the app was down. I've also searched through grok, claude & other means, and there was no article or announcement about pivoting to a new product. their last article was on 12th may, when they announced their partnership with @brickken. the same official maiv finance account that sent me a dm about a land treasury is now bearing 'fingerprint'. maiv finance was mainly built on ethereum, but fingerprint is building on robinhood. this current product is at the waitlist stage, so let's be careful about what we interact with. I'm tweeting this because I interact with RWAs & I do my due diligence. only God knows what happened to previous maiv finance investors. stay safu, friends & retweet for reach if you care <3
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Dεrriςκ retweeted
Awareness alert 🚨. on May 15th, I got a dm from maiv finance about their recently launched land treasury. I got intrigued, thinking it could be a worthwhile investment product. so I asked them to send details and they responded with the tweet link you can see in the chat below. last Saturday, I was scrolling my DMs & decided to check on their progress. only to see that they've deleted all their tweets on X. they rebranded the account & changed to a new product [@FingerprintRWA]. so I checked on cmc and saw a series of $37.88k pulled out of their liquidity pool. then I tried signing up on their web app only to find out that the app was down. I've also searched through grok, claude & other means, and there was no article or announcement about pivoting to a new product. their last article was on 12th may, when they announced their partnership with @brickken. the same official maiv finance account that sent me a dm about a land treasury is now bearing 'fingerprint'. maiv finance was mainly built on ethereum, but fingerprint is building on robinhood. this current product is at the waitlist stage, so let's be careful about what we interact with. I'm tweeting this because I interact with RWAs & I do my due diligence. only God knows what happened to previous maiv finance investors. stay safu, friends & retweet for reach if you care <3
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explaining crypto in dialogues EP15 what is even Proof of reserves (PoR)??? how does your exchange hold assets backing your assets?? ———————————————————— Jeph: people says exchanges should show proof of reserves. what is it and why?? Kerry: cause it’s an evidence that an exchange holds assets to match what its users have deposited. Jeph: so how do you show everyone's balances to the public without exposing your users? Kerry: with a Merkle tree. each balance is turned into a cryptographic fingerprint, and thousands or millions of them are compressed into one fingerprint called the Merkle root. Change a single balance and the root changes. Jeph: do you’re i can check mine? Kerry: yes, your own record, called a Merkle leaf, lets you confirm your balance was included in the auditor's report. on Binance's help page, you download your leaf, run a verification tool, and compare the resulting root hash with the one published on the website. you don't need anyone else's data to do it. Jeph: and the assets side? Kerry: the exchange has to prove it controls the wallets. ownership of each address, including hot and cold wallets, has to be verified. then the balances in those wallets are compared with the total of the customer balances. Jeph: that expose amounts, doesn’t it Kerry: some systems add privacy tools. Binance says it uses zk-SNARK proofs so users can verify without revealing specific amounts or addresses. Jeph: how often is this done? Kerry: It's a snapshot, not a live feed. these proofs are generally updated about every 30 days, or after every audit, whatever happens between snapshots isn't covered. Jeph: so what can I actually verify? Kerry: two things. That your balance was counted in the liabilities, and that at the snapshot, the listed assets covered the listed liabilities. the second part depends on trusting the process and whoever checked it. Jeph: so what can't it tell me? Kerry: - IT’S NOT A FULL AUDIT… It doesn't review financial statements, internal controls, or security. - it covers only what’s listed One early example covered only Bitcoin and its wrapped versions. - It can miss other debts. one analysis points to liabilities the Merkle tree was never designed to see. - It's a moment in time. The next day can look different. - It says nothing about hacks or withdrawal freezes. Jeph: So if my balance is in the tree, I'm safe? Kerry: It means you were counted. some critics argue proof of reserves doesn't prove customer deposits are safe. Jeph: so how do I use it? Kerry: as one signal. ask who verified it, which assets it covers, how recent it is, whether the liabilities look complete, and whether the exchange explains its method. then you manage your own risk: keep on a platform only what you need to trade, and self-custody the rest. Jeph: so it's a receipt. Kerry: a receipt for one moment, not a guarantee for the future. hope you were able to learn from these, lemme know your thoughts in the comments and btw, @binance launched a community appreciation campaign, you should check it out at binance.com/en/support/annou… #ThankYouBinancians
Explaining crypto in dialogues EP14 what is HIP-3 and how can anyone launch a market on Hyperliquid??? ————————————————————- Deeyarh: hey MB, what is HIP-3? Mb.hl: it’s a hyperliquid upgrade that lets outside builders launch their own perp markets. It went live on October 13, 2025. It's been a year now. Deeyarh: so who can deploy a market? Mb.hl: anyone who can stake the HYPE. deployment still requires 500,000 HYPE under the documented mainnet rules. nobody has to approve you, but you need the stake. Deeyarh: okay why stake HYPE at all? Mb.hl: it’s collateral… nobody at Hyperliquid manually approves each market, the stake sits there the whole time a market is live, and it can be slashed… if a deployer runs a market maliciously, validators can slash it through a stake-weighted vote. Deeyarh: can't they just unstake and run? Mb.hl: no, the stake stays slashable even during the unstaking queue. Deeyarh: what does the deployer control? Mb.hl: running the market, including setting oracle prices and leverage limits, and settling the market if needed. Hyperliquid still runs the engine underneath: matching, margin, liquidations, and settlement. Deeyarh: what are people trading on these? Mb.hl: mostly traditional assets. Stocks and pre-IPO contracts made up about 62% of HIP-3 volume in July 2026. It's derivatives exposure, though. Trading volume doesn't mean people bought the underlying stocks or commodities. Deeyarh: how big has it gotten? Mb.hl: super big, HIP-3 markets recorded about $665 billion in cumulative volume since launch, with $64.7 billion in the 30 days through October 20, about 27% of Hyperliquid's trading volume. Deeyarh: so everyone's deploying markets? Mb.hl: not really. As of October 16, about $3 billion in open interest sat across ten known deployments and 124 markets. And activity is concentrated: one study found trade.xyz held over 90% of HIP-3 open interest, and a Q3 review said it earned 97.9% of fee revenue. Deeyarh: so it's permissionless, but one player dominates. Mb.hl: yes, permissionless in theory, but the stake, the competition, and the need to attract real volume make it hard in practice. Deeyarh: so what’s next? Mb.hl: on September 3, Hyperliquid announced HIP-3*, a set of optional deployer features planned for a future upgrade, including an allowlist of wallets that can trade a market. That would allow permissioned markets. It hasn't launched yet. Deeyarh: what’s the risk? Mb.hl: each market depends on its deployer. Picking the oracle is on them, and writing a price feed from scratch is a bad idea, because that's where things break. HIP-3 markets also don't appear on Hyperliquid's main front-end. Deeyarh: so what's the big idea? Mb.hl: Hyperliquid provides the engine, and builders bring the markets. The stake is what keeps deployers honest.
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Dεrriςκ retweeted
remember how you promised to lock in from beginning of this month. you sounded hyper bullish & optimistic about what's to come. I just wanna ask, how's it going so far?
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I usually tell people that I am done for the year! Whatever happens, happens 🙌 Funny thing after that declaration a lot of things started happening 🤣
remember how you promised to lock in from beginning of this month. you sounded hyper bullish & optimistic about what's to come. I just wanna ask, how's it going so far?
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