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• Dirt Roads

  We observe value flowing through complex systems

  10 posts · theirs

Lately

• # 69 | The Physics of On-Chain Lending (II)

  Dirt Roads · 2026-08-10

• # 68 | The Physics of On-Chain Lending (I)

  Dirt Roads · 2026-04-06

• # 67 | Tether in 2025: a Capital Analysis

  Dirt Roads · 2025-12-03

• # 66 | A Network Model of Money

  Dirt Roads · 2025-04-23

• # 65 | Usual Money: a Valuation Framework

  Dirt Roads · 2025-01-14

• # 64 | PREDICTION MARKETS (II): Spoiling the Election Love Story

  Dirt Roads · 2024-11-01

• # 63 | Crypto Prediction Markets

  Dirt Roads · 2024-10-11

• # 62 | Ethena’s Odyssey: From Stable to Bond to Structured Product to Rollup

  Dirt Roads · 2024-07-04

• # 61 | EigenLayer: My Value Analysis of Economic Security

  Dirt Roads · 2024-03-15

• # 60 | Off-Cycle: Reconstructing the Monetary Stack

  Dirt Roads · 2024-02-11

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