treasury diversification is the overlooked driver of treasury policy
A simple checklist—on-chain fees, perpetual futures, and inventory—beats improvising under stress.
When on-chain fees and perpetual futures disagree, sizing down beats inventing a clever story.
Put beside current chatter on “Suspicious prediction market activity seen before election poll release: NYT,” the incentive problem looks clearer.
A simple checklist—on-chain fees, perpetual futures, and inventory—beats improvising under stress.
Clarity beats speed for teams that have to ship through uncertainty.
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