• Monday

    • Yuga Labs (BAYC) had the Otherside release on saturday.
      • Metaverse game. People bought plots of land. They’re NFTs called Otherdeeds.
      • 55k available.
      • They raised $320M.
      • Even disrupted the eth network for a bit. Gas skyrocketed.
      • They were purchased with ApeCoin, for about $5800 apiece.
    • The composite rate for I bonds issued from May 2022 through October 2022 is 9.62 percent. https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_iratesandterms.htm.
    • Positioned tsla, btc, amt reit, eqix reit.
    • Zoom doesn’t allow “Call Me” by default, only computer audio and “Call In”. The host has to enable the “Call Me” addon.
    • Solana transaction submission is weird, since no mempool? You basically spam the leader. This causes problems, like yesterday’s mainnet outage.
    • Banks actually lend to each other every day. They move liquidity around. There’s a nightly balance minimum that is enforced on each bank, so they share. When the fed raises interest, they just increase the rate for bank-to-bank lending. Which then cascades through everything else, like mortgages, asset-backed loans, savings accounts, CDs, etc.