Kinji Steimetz (@steimetzkinji) 's Twitter Profile
Kinji Steimetz

@steimetzkinji

Enterprise Research Analyst @MessariCrypto | Former @MorganStanley

Never financial advice (DYOR)

ID: 1460995892220203023

calendar_today17-11-2021 15:39:12

144 Tweet

2,2K Followers

299 Following

Messari (@messaricrypto) 's Twitter Profile Photo

Messari 🤝 VanEck Join Pranav Kanade and Wyatt Lonergan to discuss the future of global payments and financial access 5:41 Stablecoin Use 15:53 Tokenized Assets 23:33 On-Chain Limits 28:15 DePIN Infrastructure 44:53 Base Layers

Synth (@0xsynthesis1) 's Twitter Profile Photo

After a 6000%+ monthly return, @TAOHash (SN14) now sits at the #2 spot for Bittensor emissions. Its incentive feedback loop has garnered ~2.5 EH/s in hashrate (and 6+ at peak) in just a few weeks. This is approaching the levels of some of the biggest publicly traded miners.

After a 6000%+ monthly return, @TAOHash (SN14) now sits at the #2 spot for Bittensor emissions. Its incentive feedback loop has garnered ~2.5 EH/s in hashrate (and 6+ at peak) in just a few weeks. This is approaching the levels of some of the biggest publicly traded miners.
MONK (@defi_monk) 's Twitter Profile Photo

1) Alt CLOBs are the new Alt L1s. CEX order books have dominated crypto volumes, while AMMs provided a good enough onchain solution. With Hyperliquid's success, this has changed. Introducing the players participating on team DEX to bring order books onchain. Thread below:

1) Alt CLOBs are the new Alt L1s. 

CEX order books have dominated crypto volumes, while AMMs provided a good enough onchain solution.

With Hyperliquid's success, this has changed. 

Introducing the players participating on team DEX to bring order books onchain. Thread below:
Average Joe’s Crypto (@avgjoescrypto) 's Twitter Profile Photo

I'm excited to debut a new report series from Messari: The Messari Monthly! As the name suggests, this is a monthly publication by the Messari Enterprise research team. In our work, we often uncover interesting projects/topics that may not yet warrant a full deep dive,

Messari (@messaricrypto) 's Twitter Profile Photo

L1 valuation remains largely unresolved. Many approaches compare networks directly, which helps with relative positioning but doesn't reveal an L1's true value. Three core frameworks have emerged: - REV - Monetary premium - Security demand Learn more ➡️

L1 valuation remains largely unresolved.

Many approaches compare networks directly, which helps with relative positioning but doesn't reveal an L1's true value.

Three core frameworks have emerged:

- REV
- Monetary premium
- Security demand

Learn more ➡️
MONK (@defi_monk) 's Twitter Profile Photo

1) A Valuation of $PUMP Key takeaways from my latest Messari report I built a model for $PUMP which places the token at a $7B FDV. But there's one big caveat. Here's how we did it 🧵👇:

1) A Valuation of $PUMP
Key takeaways from my latest Messari report

I built a model for $PUMP which places the token at a $7B FDV. But there's one big caveat.

Here's how we did it 🧵👇:
capradavis (@capradavis) 's Twitter Profile Photo

1/ Crypto's Role in the Final Unbundling Highlights from my recent Messari report. A final unbundling is happening in software, and crypto will accelerate its financialization. We're in the early innings, and many people aren't paying attention yet. Here's the scoop 🧵👇:

1/ Crypto's Role in the Final Unbundling
Highlights from my recent Messari report.

A final unbundling is happening in software, and crypto will accelerate its financialization. We're in the early innings, and many people aren't paying attention yet. Here's the scoop 🧵👇:
Kinji Steimetz (@steimetzkinji) 's Twitter Profile Photo

Fading Faith in the Monetary Premium Key takeaways from my latest Messari report We believe the market is moving away from the idea that L1 tokens should be valued primarily on monetary premium. That framework, where token prices scale with chain-level economic activity,

Fading Faith in the Monetary Premium
Key takeaways from my latest <a href="/MessariCrypto/">Messari</a> report
We believe the market is moving away from the idea that L1 tokens should be valued primarily on monetary premium. That framework, where token prices scale with chain-level economic activity,
Average Joe’s Crypto (@avgjoescrypto) 's Twitter Profile Photo

L2 Valuations are broken. A Key Takeaway from my latest Messari report. Based on the available data on growthepie 🥧📏, the median P/S multiple (FDV divided by annualized May network fees) of L2 tokens is 1,447x, while the average is even higher at 3,481x. High P/S

L2 Valuations are broken. 

A Key Takeaway from my latest <a href="/MessariCrypto/">Messari</a> report.

Based on the available data on <a href="/growthepie_eth/">growthepie 🥧📏</a>, the median P/S multiple (FDV divided by annualized May network fees) of L2 tokens is 1,447x, while the average is even higher at 3,481x.

High P/S