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In this coin-shares model, the idea is to make $FXS (the shares) the volatility sink. Changing demand for the $FRAX (the coins) should be reflected in $FXS price, which protects $FRAX's stability.

Attack on Titan. Iron F...

@jonwu_ on Twitter

Having co-invested with some of the best-in-class, and occasionally with the pseudo-intellectuals, opportunists, and carpetbaggers, you experience the people problem in our business.

The Business of Venture Capital

Mahendra Ramsinghani

Das Berliner Gewächshaus-Startup Infarm trennt sich von rund 500 Angestellten, wie CEO Erez Galonsk bei einer Betriebsversammlung erklärt hat. In einer aufgezeichneten Tonaufnahme, sagte er, es sei „die schwierigste Entscheidung“ gewesen, die er jemals getroffen habe.

🌿 Kahlschlag bei Infarm

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