I'm not saying strike should lower there fee here. The spread doesn't go to strike it goes to the LP.
That's not the point here Dre.
My POV isn't relevant here.
I asked Jack if he would lean on his LPs a bit. I work for one, sometimes they get a little lazy on pricing.
The LPs POV matters here.
not sure thats relevant here jack.
LPs are sourcing pricing from exchanges like binance, coinbase, bybit
liquidity providers don't bake withdrawals costs into their streaming pricing. its deminimus and baked into an aggregated daily settlement.
on screen vs binance pricing this morning. I do a spot check before new buys
nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpzamhxue69uhky6t5vdhkjmn9wgh8xmmrd9skctcjttekl strike is 20bps above market. can you ask your LPs to tighten up please?
there us no need to be so wide, should be closer to 2-10bps based on OTC aggregator pricing.
People think the world wants you dead, poor, sad, beaten, defeated.
This is untrue.
Hate happens at the margin, while love is the default. The greatest trick the haters have ever pulled is to convince you of the opposite.
The world is somewhere between DGAF and rooting for you.
I'm rooting for YOU.
One love.
#bitcoin #nostr
No problem here. One love.
They want your bitcoin.
The difference between 1,145% and 1,046% is as significant as Chamath's quantum forecast.
Shit now I want some chicken frongers
A tinkerers tester, nothing more.
And that is OK.
Hold onto your butts!
Elijah Craig across their entire line is a strong buy. Punches above its weight on all fronts
What's the party like for 10,745 unit holders of IBIT?