A random if somewhat lazy week of random if entirely active acronyms. Also, a quick reminder that there’s no alpha without sigma.

BBIABi

CPii

CTiii

DAOiv

DEXv

DFSvi

DYORvii

EIPviii

EVMix

IBCx

MEVxi

NGMIxii

NFAxiii

NFTxiv

SDKxv

SOPxvi

TVLxvii

Something about the way our memories work and our consciousness works and the way our culture is communicated and our communities are coordinated hinges to no small degree on acronyms. I’m not entirely sure why but acronyms appear for all intents and purposes to be superconcentrated conveyors of both ingroupness and information. They’re very cool in that way.

In other disconnected observations about nothing much in particular, in case you’re all in a tizzy this week about the flurry of red candles in the crypto markets, recall that there’s no alpha without sigma, where alpha = active rate of return, ie. the rate of return in excess of market returns (beta), and sigma = measure of volatility, also used to refer to standard deviations on a distribution.

See you next Sunday.
___ ___ ___

  1. Be Back In A Bit
  2. Cryptopunks
  3. Crypto Twitter
  4. Decentralised Autonomous Organisation
  5. Decentralised EXchange
  6. Daily Fantasy Sports
  7. Do Your Own Research
  8. Ethereum Improvement Proposal
  9. Ethereum Virtual Machine
  10. Inter-Blockchain Communication
  11. Miner Extractable Value, or, per Bankless, Maximum Extractable Value 
  12. Not Gonna Make It
  13. Not Financial Advice
  14. Non-Fungible Token
  15. Software Development Kit
  16. Standard Operating Procedure
  17. Total Value Locked (in a DeFi liquidity pool)

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