Wall Street BEts

In this week’s episode, I interview Jaime Rogozinski, founder of Wall Street Bets, the famous Reddit trading group which earlier this year organized to push up the price of heavily shorted stocks like Gamestop and AMC to create a short squeeze, which had the double benefit of amplifying the group’s gains and screwing over big hedge funds. Jaime goes…

Degenerative Finance has launched uSTONKS, a synthetic that tracks the ten most bullish Wall Street Bets stocks. The project is a collaboration between Yam Finance and UMA protocol, and is intended to function as a DeFi proxy for hype on Reddit’s WSB. Users who mint and provide liquidity during the first three weeks will receive…