Credit/Macro/Crypto Analyst, Former Credit/MA PM

Rose Choy

I have 20 years experience in credit and global macro both sell side (banking and trading) and buy side. Most recently managed multi asset and fixed income strategies. Crypto is my latest focus given huge inefficiencies and lack of quality research and insight. My crypto research will be through a trad-fi lens but with intimate knowledge in the crypto trading ecosystem.

Investment Thesis Post-Ethereum 2.0 Merge

Yield Comparisons Across ETH Based Protocols

DeFi Options Protocols Series (#1): The New "Robhinhood" Of DeFi?

Crypto

<ul>
<li>The Ethereum merge is expected in a month - when the existing chain merges with the proof-of-stake system and paves the way for a greener and more deflationary asset.</li>
<li>We examine the Merge and a potential hard fork in some detail and highlight some possible scenarios and trade ideas.</li>
<li>However, we conclude the current market reflects a successful Merge and Hard Fork efficiently, and little juice is left in most arbitrage trades.</li>
</ul>


The Ethereum merge is expected in a month - when the existing chain merges with the proof-of-stake system and paves the way for a greener and more deflationary asset.
We examine the Merge and a potential hard fork in some detail and highlight some possible scenarios and trade ideas.
However, we conclude the current market reflects a successful Merge and Hard Fork efficiently, and little juice is left in most arbitrage trades.


Ethereum Merge and Hard Forks- Pinching Pennies in an Efficient Market