Kinji Steimetz
199 posts
Kinji Steimetz
@SteimetzKinji
Joined November 2021
- Can Fluid Beat Aave? Key takeaways from my latest Messari report Aave is widely recognized as the current leader in DeFi lending, but @0xfluid is positioning itself as a direct challenger to Aave’s dominance. Several factors contribute to this potential shift. 1) Fluid
- My Framework for Evaluating Onchain RWA Perpetuals: Key takeaways from my latest @MessariCrypto report My latest report explored the concept of "perpification", or the idea that exposure to RWAs can be better offered through perpetual contracts rather than tokenized spot
- 1/ Is Plasma the onchain stablecoin beta? Key takeaways from my latest @MessariCrypto report: With Plasma’s XPL public sale tomorrow, here’s how we’re thinking about the product. Thread 🧵
- Yesterday I published an update on real-world assets (RWAs) for @MessariCrypto pro subscribers, as the TVL in RWA protocols has grown from about $2 billion at the start of 2023 to around $7-8 billion currently. Not all RWAs are created equal, and markets appear to recognize these
- Exciting milestone! Just published my inaugural report on @MessariCrypto and now my inaugural tweet! In the report, we delve into @Uniswap V4's primary features: hooks and singleton. Hooks enable pool customization during specific lifecycle points, while singleton consolidates
- Messari quants just dropped our $Kaito expectations based on comparables, expecting a lot of volatility before settling in the $400–$600 million FDV range.
- Why Bitcoin Programmability Hasn’t Taken Off Key takeaways from my latest @MessariCrypto report While BTC in programmability layers has grown ~33% over the last two years, adoption remains low, just ~2% of supply is deployed. In this report, I break down why that is, who’s
- A Valuation of Morpho Key takeaways from my latest Messari report. With the $MORPHO token now transferable, I built a valuation. My model places the protocol’s FDV at around ~$2B, with considerable room for growth and a compelling case for how Morpho could surpass incumbents
- What Are Markets Pricing Into Solana’s Fee Growth Key Takeaways from my latest Messari Report 1) Solana’s ecosystem is still maturing. Despite surpassing Ethereum in total fees—bringing in over $500M in Q4—Solana’s fee generation remains concentrated in spot trading and liquid
- I recently published "Head in the $Cloud(s)" a @MessariCrypto Deep Dive on @sanctumso , exploring how the protocol works, the problems it solves, and its potential impact. The Product Suite Sanctum offers three core products tailored for LST holders and providers: Sanctum
- The latest @MessariCrypto enterprise report delves into the realm of Intents, focusing on their functionalities and potential impact. While the report provides an overview of intent-based protocols, emphasizing their role in enhancing interoperability and execution, I'm excited
- What’s Next for Chain Abstraction? Key takeaways from my latest Messari report. Crypto is too focused on debating the end-state of chains and applications. While predicting the long-term future is exciting, it overlooks a key factor for success: timing. Building or investing
- 1/ CeFi is coming onchain Key takeaways from my latest @MessariCrypto Pro report Coinbase, Robinhood, and others are launching crypto-native products. One of the biggest shifts? Perpetuals. Here’s why that matters (and why it’s not bad for DeFi): 🧵
