Disclosures
Read this alongside every piece.
Interests & positions
lyonzzzz advises digital asset platforms and may hold positions, tokens or points in assets he writes about.
For the Extended thesis on this page: he holds 200k+ Extended points, as disclosed in the piece itself. That holding is stated at the top of the article, not buried here.
Where a specific interest exists, it is disclosed in the piece. Where it does not, this general disclosure still applies.
How to read the research
Research published here is his own opinion. It is not financial advice and is not a recommendation to buy, sell or hold any asset.
Figures are labelled measured or modelled. Measured figures come from primary data. Modelled figures — scenarios, sensitivities and valuations — depend on assumptions stated in the text and will be wrong in detail even when the direction is right.
Nothing here is based on non-public information, and views expressed are not statements from any platform written about.