REJECTEDWALL #142
Sam Ikkurty
Posted April 14, 2026
PERMANENT LINKcftcsucks.com/142
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Five bullet Friday - issue #110
Dear Partners,
Our September month performance looks a lot better than August due to the growth of OlympusDAO and
KlimaDAO protocols. Bitcoin's hashrate took a beating in June, but recovered 60% of it in the last 2 months.
When nations squeeze centralized crypto companies they are just driving capital into the arms of DeFi.
1. As our US Congress is now actively debating how they can mint one platinum coin for $1 trillion dollars,
no one wants to question why they need our taxes. In the olden days, they had to actually buy $ 1 trillion
dollars worth of gold from the free market to actually back this currency printing. But this is just a symbolic
platinum token with less than an ounce to back the currency printed. While this debate is going on, the El
Salvador government is mining bitcoin using their volcano energy.
2. Olympus DAO treasury has been growing steadily in our portfolio. When we first started investing in
OlympusDAO in March, the total market cap was $15 million. This week it crossed $1.7 billion, while
growing the treasury to $245 million along the way. It took $OHM around 5 month to reach a market cap of
$500 million. It took another 20 days to go to $1 billion and another 7 days to go to $1.5 billion. The
growth is accelerating.
3. As you can see in our Retained earnings spreadsheet, OHM is our largest staking income producer. I am
not tracking our income on a week-to-week basis. We receive our income in the form of OHM tokens. We
are currently earning 94.75 OHM tokens every 8 hours. Based on the current market price of $751 dollars,
we are making about 94.5763 * 3 * $751 equals $213,080 per day.
Dear Partners,
Our September month performance looks a lot better than August due to the growth of OlympusDAO and
KlimaDAO protocols. Bitcoin's hashrate took a beating in June, but recovered 60% of it in the last 2 months.
When nations squeeze centralized crypto companies they are just driving capital into the arms of DeFi.
1. As our US Congress is now actively debating how they can mint one platinum coin for $1 trillion dollars,
no one wants to question why they need our taxes. In the olden days, they had to actually buy $ 1 trillion
dollars worth of gold from the free market to actually back this currency printing. But this is just a symbolic
platinum token with less than an ounce to back the currency printed. While this debate is going on, the El
Salvador government is mining bitcoin using their volcano energy.
2. Olympus DAO treasury has been growing steadily in our portfolio. When we first started investing in
OlympusDAO in March, the total market cap was $15 million. This week it crossed $1.7 billion, while
growing the treasury to $245 million along the way. It took $OHM around 5 month to reach a market cap of
$500 million. It took another 20 days to go to $1 billion and another 7 days to go to $1.5 billion. The
growth is accelerating.
3. As you can see in our Retained earnings spreadsheet, OHM is our largest staking income producer. I am
not tracking our income on a week-to-week basis. We receive our income in the form of OHM tokens. We
are currently earning 94.75 OHM tokens every 8 hours. Based on the current market price of $751 dollars,
we are making about 94.5763 * 3 * $751 equals $213,080 per day.
4. KLIMA token is supposed to launch on the Polygon network sometime during this month. We are currently
staking in Alchemix to generate income while we wait for the launch. We bought 10,561 tokens and earned
an additional 1,420 tokens as income giving us a total of 11,981 tokens of AKLIMA. The current market
price is $988 making it worth around $11.84 million. Please note that this position is not showing in our
Zapper portfolio. When we entered the position the entire market cap of KLIMA was $17 million.
staking in Alchemix to generate income while we wait for the launch. We bought 10,561 tokens and earned
an additional 1,420 tokens as income giving us a total of 11,981 tokens of AKLIMA. The current market
price is $988 making it worth around $11.84 million. Please note that this position is not showing in our
Zapper portfolio. When we entered the position the entire market cap of KLIMA was $17 million.
5. Between both funds we already control 14% of the supply. We are the single largest holder of KLIMA
tokens in the world, and we are still not finished acquiring our full stake. Currently each tokenized carbon
credit is priced at $24. Carbon offset market is going to be gigantic where we will be competing with
manufacturing companies that are 1000 times our size. I can see KLIMA becoming a blackhole in acquiring
carbon offsets, consequently RCIF will become a blackhole in acquiring all of the KLIMA tokens as time
progresses.
tokens in the world, and we are still not finished acquiring our full stake. Currently each tokenized carbon
credit is priced at $24. Carbon offset market is going to be gigantic where we will be competing with
manufacturing companies that are 1000 times our size. I can see KLIMA becoming a blackhole in acquiring
carbon offsets, consequently RCIF will become a blackhole in acquiring all of the KLIMA tokens as time
progresses.
I am waiting for the launch of KLIMA on the Polygon network. This is going to be a beast to watch when it
launches in late October.
Have a wonderful weekend!
Sam Ikkurty
Published on samikkurty.com | Rose City Investment Fund | CFTC Case No. 1:22-cv-02465 (N.D. Ill.)
launches in late October.
Have a wonderful weekend!
Sam Ikkurty
Published on samikkurty.com | Rose City Investment Fund | CFTC Case No. 1:22-cv-02465 (N.D. Ill.)
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StatusREJECTED
Posted2026-04-14T08:13:29.000Z
SHA-256 hash31c182aee94891fe28da4a2b6bec2e8ba165686b4a69e6cc090d995aa1e6e462
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