Articles
Long-form pieces on the hard parts of DeFi accounting: one real transaction taken apart to the last decimal, and deep dives on the cases that quietly corrupt a fund’s books.
The teardown
Section titled “The teardown”Tag every transfer correctly. You still will not have the books. One real, public transaction: eight transfers that net to zero, and the six positions across two protocols hiding underneath them. The proof, not the pitch.
Deep dives
Pricing a Pendle position
A Pendle position is a pricing problem, not an amount problem. PT and YT have no clean market price, and no feed gives you a historical one, let alone the value at the moment of a transaction. How we reconstruct it from the on-chain components, transaction by transaction.
Read →The Lipstick on Bad DeFi Data
Getting NAV right in DeFi is harder than it looks. Why snapshot tools produce a plausible number that is quietly wrong, and what a real one takes.
Read →DeFi Lending: The Recursive Tax Nobody Books
Looped DeFi lending inflates both sides of your balance sheet and creates tax nobody agreed to. How to book recursive on-chain lending and borrowing correctly.
Read →Liquid Staking Taxes: Income, Gains, and Rebasing
How rebasing and reward tokens turn staking yield into taxable income, where the capital gains hide, and why most crypto tax tools book it wrong.
Read →Unmasking Crypto Spam
How to spot crypto spam and dust tokens from a mile away, and why they quietly corrupt your books and tax lots if you let them in.
Read →KelpDAO Exploit Post-Mortem: How Funds Absorbed a $292M Shock
When rsETH was exploited for $292M, the funds that came through clean shared one thing: pre-funded loss buffers and books they could trust in real time.
Read →Economics
10 Commonly Asked Questions About Inflation
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Read →12 Numbers That Show U.S. Families Are Getting Richer
Pew Research Center performed an in-depth analysis on income gap over the last 50 years. The result shows that changes in the American middle class are quite telling.
Read →5 Ways Inflation Impacts Interest Rates
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Read →How Banks Work and Why They Don’t
Most people in the developed world have a bank account and have interacted with a bank before. But nearly everyone, when thinking about a bank, imagines a giant vault full of money.
Read →How Collateralized Lending Works
Collateralized lending is a way of borrowing money from a lender that requires you to put up some kind of collateral in return.
Read →Is Bitcoin a Good Inflation Hedge?
This article discusses the importance of understanding the difference between an increase in money supply and inflation and how Bitcoin was specifically built as a hedge against inflation.
Read →The Business of Risk
It seems everyone is amazed right now at the spectacular collapse of many digital asset lending providers.
Read →The Case of the Destroyed Diamond
The destroyed diamond by Dr. Natasha Che is an illuminating look into how NFTs function and how a token could retain its value long after the physical object is gone.
Read →Your Income and the Inflation Rate
Inflation is currently at a thirty-year high. In this article, we take a deeper look at inflation, its effect on your income, and how it may alter your investment strategy.
Read →Guides
How to evaluate a DeFi NAV provider
What a fund administrator actually delivers, where DeFi breaks them, and the specific transactions and questions to put in front of a provider before you sign, so your NAV does not end up months late.
Read →Early Retirement: What You Should Know
Many people dream of retiring early to pursue goals and passion projects. However, early retirement also requires careful planning. It is never too early to begin thinking about retirement and what you need to do in order to ensure that you don’t outlive your savings.
Read →How Blockchain Technology Will Revolutionize Transactions
A lot of the bureaucratic apparatus behind traditional banking is no longer necessary in the age of the internet. Blockchain technology, even in its currently burgeoning state, has proven to be more efficient and effective.
Read →NFTs – A Virtual Token That’s Generating Real-World Value
NFT stands for Non-Fungible Tokens, and it is one of the newest innovations in our constantly evolving digital world.
Read →Online Security 101: Emails
By drastically lowering the impact of a third-party service breach, we can lower our chance of becoming a fraud victim.
Read →Online Security 201: Credentials
Utilizing a password manager is among the best approaches to safeguard our login information. For all of our online accounts, we can establish and manage secure, individual passwords with the aid of this piece of software. Each account should have a unique password, and using a password manager can make it easier to keep track of them all.
Read →The 3 Reasons Why Algorithmic Stablecoins Fail
Stablecoins will be the future of finance, but not all stablecoins are created equal. How can you tell the difference and why does it matter?
Read →The Nature of Stablecoins
Stablecoins offer an opportunity to fix a long-term problem in traditional finance. To understand more, we need to know what they are and what they aren’t.
Read →What Is a Stablecoin?
If you are looking to invest in a crypto that maintains a steady value and is not built-in for a significant increase in its value in short bursts, Stablecoin is the crypto you should be opting for.
Read →What Is DeFi?
DeFi stands for Decentralized Finance. As its name suggests, DeFi does away with the concept of central exchanges and puts the power in the hands of the people.
Read →What Is the Average Investment by Age?
The amount of money one has invested will depend on their age. Of course, it will also vary depending on where they are located, and what kind of field they are working in.
Read →Which Platform Is Best for Investing?
We are fortunate that we now have access to online platforms that allow us to build wealth quicker each and every day and with less effort.
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