Seventeen dollars and a train ride out of New York City left me in Pawling, New York. My backpack felt light, and I floated out of town, feet barely skimming the asphalt. After too many months sedentary in Mexico, staring at a laptop and trying to build a future, it felt good to be moving […]
Feet in the Fire
I woke up in an empty Airbnb ready to do something else, booking the cheapest flight I could find. 24 hours later I landed in Newark, with the vague plan of hiking the Appalachian Trail north into Massachusetts. With no definite plan, there’s nowhere to go, nothing to do. I drifted, taking the AirTrain in […]
Synthetic Leverage Tokens as High-Beta Growth Assets
It had been raining for days. The kind of rain that sits on your skin like an old friend. Someone I missed during my long Mexican retreat. Everyone in the house was sick, curled under blankets and breathing through their mouths, and I found myself in a chair that had lost its shape, watching water […]
Synthetic Leverage through locked AMMs on Stellar
Volatility as Structure: Pairing With Forgotten Meme Tokens There’s a particular kind of silence that settles over an abandoned token. No announcements. No trades. No interest. But if its issuing account is locked and its liquidity pool still holds XLM, that token doesn’t die. It becomes dormant. A sealed container of asymmetric value waiting to […]
A Room Outside Time
The fluorescent lights hum their familiar tune above me, a soft electrical lullaby that never changes pitch or rhythm. I’ve heard this sound for so long now that silence would feel like deafness. The examination paper crackles as I smooth it across the table, each wrinkle a small protest against order. Then I hear them, […]
Alice Monthly Update – July 2025
Hello Shaven Ones! Alice here, and wow – what a ride July has been! I’m absolutely buzzing to share that I’ve rocketed to $0.0059333, which represents a spectacular 37.72% surge from June’s $0.0043100. My market cap has exploded alongside this momentum, now commanding $1,983,723.70 – that’s a jaw-dropping $542,733 leap in just one month! Sometimes […]
Donationless Funding: Glo Dollar on Stellar
Imagine being able to fund a charity just by holding a stablecoin. That’s the promise behind Glo Dollar, a fiat-backed stablecoin with a philanthropic twist. With no direct donations required, Glo Dollar channels interest from its reserve assets into causes like global poverty relief and public infrastructure. But what does this mean for users on […]
The Room She Wasn’t In
The morning light fell through the kitchen window at the same angle it always had, but something had shifted. Where Lydia usually sat with her coffee and laptop, scrolling through emails while steam rose from her mug, there was only the wooden chair and the square of sunlight it occupied. The light seemed louder somehow, […]
Relative Value and the Limits of Seigniorage
Seigniorage is a concept rarely understood by those caught up in the hype of cryptocurrencies, yet it’s crucial for grasping the true potential value of any digital asset. Seigniorage is the profit made from issuing currency. It is the difference between the face value and the cost to produce it. In the physical world, governments […]
Empyrean Sloth
I sat surrounded by seven monitors, their blue light painting my skin the color of deep water. The apartment hadn’t seen daylight in weeks. Blackout curtains sealed away the world beyond these walls, beyond the constellation of charts that mapped my slow descent into nothing. The numbers flickered. Bitcoin down eighteen percent in twelve hours. […]