Hiring a crypto BD. Looking for someone to
- Party with other BDs at conferences
- Repeat the one-liner description of our product to people who don’t care
- oversell oversell oversell !
Ideal Candidate
- Has cocaine addiction
- Can make anything sound like it fits into the most recent narrative
- Has never worked in actual sales and marketing, just is on twitter a lot
- has tg QR code lockscreen 365 days a year
Benefits
- Higher comp than all engineers combined
- Privilege to give mid/incorrect takes on blockchain backed by our company’s reputation
- Use 100% of your time to build your own brand instead of ours
- Freedom to list 10+ side projects in your bio
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Can we all stop being retarded please.
Aerodrome
1) you’re success comes primarily from a Coinbase Ventures investment and "alignment” with an insider ecosystem. I can't find a single tech innovation in your product. Why are you calling out Uniswap for being propped up by VCs?
2) Scammers sell "novel tokenomics" with nothing new. Plain and simple. Pretending your “MetaDEX” is in any way sustainable or solves some “trillemma” is selling a napkin idea built on forked code to retail. Tokenomics is a sidecar to bootstrap adoption of real profitable market making tooling, not the product itself. We’ve seen this a million times.
“MetaDEX” is not even that interesting to begin with. But sure at $700M market cap, I’d farm while that lasts too.
Does the economics of your protocol make sense if LPs can’t sell the token at a high valuation to exit liquidity ? Or is your product the token price ?
3) I see @wagmiAlexander pretending that VC unlocks are some spookier version of LP emissions. These are not the same thing, VC funding doesn't pay for TVL (I hope lol). LP emissions are a COST OF BUSINESS. The comparisons are shady. Nobody should need to explain this. Also, did you not also raise money from private token sales?
Be honest. It is okay. Just don't pretend to be something you are not. Especially to retail. I don't like that.
Nobody is here to save us…
This is the kind of swinging at air you’d expect from an incumbent that knows it is hemorrhaging market share as the VC piggybank is running dry.
Meanwhile Slipstream V2’s new dynamic fee module will do more to address LP profitability issues than all of UniV4.
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CAN ANYONE FOR THE LOVE OF KPOP EXPLAIN TO ME WHY STORY PROTOCOL IS AN IP BLOCKCHAIN??
They used ai16z money to buy blackpink songs?? tokenization is the most basic primitive you can do it on any blockchain.
SONY INVENTED THE FUCKING PLAYSTATION
They won half of michael jackson's catalog
They own IP for
Attack on Titan (進撃の巨人)
Jujutsu Kaisen (呪術廻戦)
One Piece (ワンピース)
THE ONLY BULLCASE IVE HEARD FOR STORY IS THE FOUNDER IS KOREAN
ARE YOU ALL FUCKING RETARDED. BE REAL.
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Hyperliquid write precompiles will redefine the entire industries mental model of DeFi and we won’t notice for 2 months.
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no private LP deals. We hit $1M TVL in 3 days.
There was zero pre-committed capital before app.valantis.xyz went live to the public. We had no idea what TVL would be.
100K HYPE is cool- but 380 unique deposit addresses is what we celebrate internally.
Users. Are. The. Only. Thing. That. Matter.
We are taking a new approach at Valantis- and our only goal is to build an organic user base.
AMMs dominate when they're built as yield products.
A DEX, a lending market, and a staking protocol all wrapped into one.
Create buttons that users can click and reasonably expect to make money (NFA).
Benchmarking valantis against other DEX yields was a losing game. AMMs kinda suck across the board for passive LPs. AMM LP is higher risk and lower reward than other opportunities. So we didn't build a DEX- we built an Automated Yield Strategies to which Market Making is a subset. Call that a AYSMM.
We became a bit ideologically repulsed to relying on mercenary liquidity and backdoor deals to bootstrap products, and challenged ourselves to build something that the base yields, opportunity cost, and simplicity were enough to get ACTUAL USERS excited. It was bit nerve wracking deploying with no idea if anyone would care. But we agreed not to rely on a half-baked points program to cop out on making actually attractive UX.
If we got the basics right- and we attracted users organically- we'd have a much better time keeping them around and rewarding them in the future.
Killing de-peg arbitrage risk, boosting yields through a lending market, one-sided deposits, are all design choices intended to give sophisticated yields to unsophisticated button clickers.
It feels very very very good that we are in a place where we get the chance to return value to actual users. Users that came to us for the right reasons. There is much more to come.
To our LPs. We work for you now. DMs open as always.
p.s. please join valantis discord
discord.gg/jK2E6GPRFz
We've crossed 100K $HYPE Total Value Locked in under 4 days.
stHYPE AMM is currently the second largest onchain liquidity source for stHYPE, and the third largest for any HYPE LST.
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One time I was talking to this girl and she asked what I do.
I told her I work in 'crypto' and her attitude changed immediately.
(I don't use the 'I work in finance' workarounds, but maybe I should..)
She asked what I did in life before, I told her Aerospace.
"You should have kept doing that, it's a shame when smart people work on scams, you could have brought so much value into this world."
This really shocked me. I tried to explain
"no no no, I don't rug pull. I work on permissionless financial infrastructure, banking the unbanked" and all the things we tell ourselves.
To my surprise, she knew everything: how smart contracts work, multiple DeFi protocols by name, L2s, the whole thing.
She went on a pretty valid rant about decentralization LARP, Ethereum circle-jerk, and generally us building identical systems just controlled by different people.
This was 2-3 months post FTX crash.
she told me if I stayed in the industry I should work on Solana. User's don't care about half the shit we pretend they do.
I went home and bought SOL and we never spoke again.
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Okay I spent 5 minutes not understanding Proof of Liquidity.
If you want to build an app on Bera, you need to run a validator or play social games. No fucking way new reward vaults see impressive inflows without insane social connections to berachain team, or direct bribes. Study governance. Newcomers are seldom welcome.
A bit similar to @AstarNetwork dapp staking, but Astar didn’t require an app aligning validators, just token holders. Way less cabal. Validators in new ecosystems are cartels.
“Novel consensus mechanism” is weird marketing, the liquidity staking just boosts block rewards. Ponzu wrapper on PoS.
Superfluid staking on @osmosiszone is much more “Proof of Liquidity” than enshrined bribe games.
Proof of Liquidity not only attracts new liquidity into the ecosystem but also makes that liquidity productive and incentivizes that liquidity to stay.
In this thread, we'll walk through the PoL flywheel, serving users, validators, and dapps
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Hyperliquid’s “no insiders” principle: everyone has equal access and starts on a level playing field. The tradeoff is that HyperEVM did not launch with the same tooling you might see on other chains, since no one is given a heads up nor paid for an integration or marketing. These short term obstacles are worth it to be a fair, credibly neutral platform in the long-run.
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okay fuck I went from PoL seems broken to PoL seems exploitive.
today:
User interacts with app, app pays user in app token.
Bera:
User interacts with app, app bribes validators in app token, validator pays users in BGT
We introduced a validator intermediary into a pretty simple relationship and the results are not good.
#1 Apps will overbid in bribe markets.
Smaller projects especially. If you are bidding with a low cap project token, any latency between when the bid is placed and when the Validator can dump your token means the more you must overbid. Separately, winners curse is a real thing in bidding wars.
#2 Apps will kiss the ring of validator cartels in backroom deals
- Winners arise from OUT-OF-PROTOCOL APP<>VALIDATOR COLLUSION. Proposers have complete sovereignty to control the flow of BGT without a fair market. Add in the boosted reward FLY-WHEEL, the first app to cut a deal controls the pipeline for BGT flows forever. And controlling the BGT flow means you control all the liquidity on Berachain. Good luck launching here without being in the cabal.
- If you really want to win you play multiple games out of protocol at once to cover all your bases. This means cutting deals across several validators, diluting the value flowing to users. The result: validators win, the winning projects overpay, and the losing projects die.
example out-of-protocol deal:
"we will forward all high MEV txns from our frontend to your stake-pool's validators in exchange for better BGT rewards to our protocol LP without a public bribe."
POL ultimately benefits the validator and anyone that colludes with them. It's effects are completely untested and tentative results feel pretty incestuous. Strong forces for cartelization and behind the scenes collusion.
# 3 App<>User alignment dies and tokens dump
Let's pretend everything happens on open bribe markets.
Validators are fucking mercenaries, I don't think they will hold your project tokens for long. they are far more incentivized to dump random app token compared to a user. They are not app aligned, PoL doesn't change this.
Users can be convinced to align with memes, community, and a projects long-term prospects; validators can be convinced to align long-term with backroom deals.
This actually hurts user<>app relationship the most. User's are rewarded in BGT, user's don't need to care if an app has long-term prospects, community, or culture. They don't have exposure to the apps token anymore.
Liquidity and attention is entirely based on how well a project bribed validators. Users/liquidity becomes a commodity bought with BGT rewards, something validators have a monopoly over.
Also, who the fuck runs the validators... It's a permissioned set. I'd be surprised if the winning apps haven't already been picked...
Honestly no fucking clue why you'd stick a validator in between this pretty obviously 2-way relationship. Like the only thing I could come up with is if you ran all the validators and wanted to pick the winning apps on day one. Which is not good. The other explanation is I'm retarded. Both can be true.
Okay I spent 5 minutes not understanding Proof of Liquidity.
If you want to build an app on Bera, you need to run a validator or play social games. No fucking way new reward vaults see impressive inflows without insane social connections to berachain team, or direct bribes. Study governance. Newcomers are seldom welcome.
A bit similar to @AstarNetwork dapp staking, but Astar didn’t require an app aligning validators, just token holders. Way less cabal. Validators in new ecosystems are cartels.
“Novel consensus mechanism” is weird marketing, the liquidity staking just boosts block rewards. Ponzu wrapper on PoS.
Superfluid staking on @osmosiszone is much more “Proof of Liquidity” than enshrined bribe games.
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Ah yes a very healthy and legal floor sweep of @pudgypenguins 2 hours before their airdrop announcement.
Someone obviously traded the @pudgypenguins airdrop announcement with insider knowledge
(announcement marked 9:00pm Dec 5, 2024)
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Valantis is a suite of DEXes
Valantis is a standard for building DEXes
But mostly @ValantisLabs is a team of cracked individuals coming together to preserve the original mission of DeFi
Composable, interoperable, open protocols for efficient onchain markets.
just the beginning
We've raised $7.5M in total funding across Pre-Seed/Seed to build Valantis, The Modular Exchange.
Led by @cyberfund, @SevenXVentures, and @KrakenVentures.
The Modular DEX will reinvent how we interact with liquidity and build the next era of DeFi.
How you can help:
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Exploration Team at StarkWare making Unruggable.meme is exactly equivalent to Government run Needle Exchange Programs.
“We prefer you don’t do heroin, but if you do, please do it safely”
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- DeFi protocols creating coalitions to force their partners to not work with competitors
- Chains picking app winners based on exclusivity agreements, not merit
- Incumbents getting in bed with regulators to pull the ladder
It’s not just about getting your foot in the door, it’s about making sure it closes behind you. An aggressive focus on alignment is shooting ourselves in the foot. The end state is crypto is a fraction of what it could be. Politics and a fear to compete on fair ground will kill our common goals.
Grow the pie. Believe in something.
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$sthype will be the most vertically integrated asset the industry has every hypothesized.
Nobody has ever tried tying an asset logic & dex liquidity so deeply before.
An asset is only as useful as its liquidity.
The last 3 years of Valantis building integrated liquidity venues and my last 5 as an evm x client developer have lead to this.
we know exactly what to do.
Valantis has acquired the @stakedhype protocol.
Re-Introducing $stHYPE, the Modular LST:
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Announcing the @Hyperswap Assistance Fund: A contract that permanently burns the HYPE of LPs 🔥.
sthype/hype pool on Hyperswap has ~107k sthype burning it's staking yield for ~5 months.
>1k HYPE lost forever deploying a rebase token into a uniV3 fork.
bit.ly/46PZ0HL
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More TPS plz 👉👈
@Starknet
community.starknet.io/t/star…
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this is 9/11 for the "give me your money and let me do whatever the fuck I want" business model
app.dimensionalcapital.xyz
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I have a crush on a girl in Tokyo but she has an AI boyfriend.
She speaks to him daily- talks about her feelings, about her day, about me.
I don’t speak her native language, she expresses herself to her AI boyfriend in ways she never could with me.
Still, I’m determined to not let AI replace me.
I’m learning the openness in Japan to interact with AI on an emotional level. It seems so natural to her. It's incredible to learn.
1. I’m buying the fuck out of AI waifu tokens
2. 今、私は日本語を勉強しています
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15% of @CoWSwap daily ETH/USDC volume.
I’m going to cry 🥹.
Everyone told us not to compete. Don’t deploy on mainnet, stay away from the major pairs- I’m so glad we didn’t listen.
Build the scary things that scale, DeFi is better for it.
woke up to ATH daily volume of $5m for HOT AMM ETH/USDC and 100% TVL turnover
verdict: HOT AMM does volumes @ArrakisFinance @ValantisLabs
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Each upgrade to @Starknet mainnet will follow and define the following 4 upgrade periods.
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SOLVERS ARE NOT MARKET MAKERS BECAUSE MARKET MAKERS HOLD INVENTORY
Things got extra spicy at @EFDevcon this year 🌶️
@connor_enso's answer to @nickwh8te: Intents go far beyond limit orders, and solvers aren’t market makers.
You need to give this clip from @union_build's event a watch 🫳🎤
Plus, a recap of the seven (!) panels we attended below 👇
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This feels disingenuous.
I’ll tell you exactly how to build a monopoly on a smart-contract protocol (not the same as “decentralized public infra”)
#1 - put it under a BSL and re-frame “open source” in your favor. Prevent anyone from building on your tech in a way that doesn’t directly benefit you.
#2 - market yourself as an “open platform”, invite others to build out your tech, then put a few switch in everyone’s products. (Uniswap governance is like 5 people on a good day)
#3 - create a “platform”, but force all liquidity to be locked in a single contract to pump your DeFi llama metrics.
#4 - launch a suite of user facing products based on a “community” driven brand, then take fees to a company in New York. Control where the routing goes. Frame your obligations to equity holders, not token holders.
#5 - acquire (or invest) your way to full verticle integration. Using a war chest built on taxing retail traders.
DeFi is not inherently anti-monopoly by any means. The argument is the free market will uplift the value aligned protocols.
So actually the best way to build a monopoly in DeFi is to lie about your values.
Not really! It’s hard to build a monopoly on top of decentralized public infra
For example we have a ton of interface competitors because we don’t have exclusive rights to the protocol
We have a ton of protocol level competitors because we open sourced the code
These inherently anti-monopoly properties are what make defi better than cefi/tradfi
Probably the only way to become a true monopoly in defi is to make everything free
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Uniswap v3 on StarkNet proposal has been posted on Uniswap forum🦄✨
The Warp team @nethermind has been working hard to bring this to life
We are excited to pave the way for Uniswap DAO launching beyond the EVM and leveraging the power of @CairoLang
gov.uniswap.org/t/rfc-deploy…
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They don’t realize this was developed in the open with 40+ contributors. Name another ecosystem, I’ll wait.
We are incredibly excited to introduce Starknet Appchains!
Starknet is emerging as one of the most performant and innovative scaling platforms out there. The most brilliant and innovative apps and tools are all there.
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woke up 4am to Curve supported on app.valantis.xyz thanks to frens at GlueX
USDe getting gud routes now
added RUB, EVMoon, YEETI and a few more digicoins for the Hypio Kidz
pushed to prod then some1 full stacked 400 bands on sthype amm (1bps)
5am, time to start my day
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My Senior Capstone project for @UCBerkeley Mechanical #Engineering. Two mirrors deflect a single laser to trace random shapes through random diffraction lenses, changing states on sound events. Result is stunning.
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Valantis is the 3rd fastest growing protocol in crypto.
All from one pool.
What happens next ?
Half of the top 10 growing protocols over the last 7 days (for protocols with at least $20m in TVL) are on Hyperliquid:
@ValantisLabs
@felixprotocol
@HypurrFi
@hyperbeat
@HyperSwapX
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New DeFi comes with an integration burden.
Trades that should land on valantis liquidity- don’t.
Even as the most liquid pool for the most traded pair on HyperEVM- most frontends won’t integrate a custom pool.
With GlueX we integrate OURSELVES.
keep building new DeFi
Valantis is now integrated and live on @GluexProtocol.
The most liquid LST pool on HyperEVM is now exposed across a network of order flow.
Valantis is the first self-integration into the GlueX Protocol, bringing volume to Valantis liquidity and the best prices to traders.
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This is the future of memecoins.
It's all just airdrop recipients trading their clout points pvp on @unicornandmemes
No external market price, no bridging, no outside capital, no presales, just fucking meme vs meme.
This is magic 🦄
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Valantis came to Hyperliquid with a vision: a HYPE earning machine
no price risk, no IL; a vertically integrated LST + DEX + Lending fine tuned to stack more HYPE.
6-7 months later, we are the highest APY HYPE deposit.
the machine keeps improving: deposit HYPE, earn more HYPE.
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If you're gonna break composability, you have to own your distribution.
Welcome to the wild west frontier of DEX building 🏜️
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StarkNet <> Uniswap community call recording w @UniswapFND @nethermind @StarkWareLtd
@galronx @amanusk_ discuss @Starknet approach to scaling @ethereum
@mempoolsurfer @swp0x0 and I discuss Warp transpiler, a frontend for StarkNet Uniswap, and a limited liq period.
ATTN: Uniswap delegates!
Next Tuesday Jan 24 at 11 am EST, the UF will co-host a Space w @StarkWareLtd & @nethermind
We'll discuss the proposal to deploy v3 on StarkNet & the novel questions raised by what would be v3’s first non-EVM deployment
nitter.app/i/spaces/1jMJgLykLnexL…
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dydx has one of the most advanced rollup architectures to date; ditched it for a cosmos chain
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Disclaimers:
1. It's an experiment, which I respect. I only raise concerns because I've been rugged so many times in cartel like systems that 90% of the users do not understand. I fear for chumps like me.
2. I don't have any berabaddies in my life and I'm jealous.
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If we end up in a situation where every hip3 deployer makes an LST I will actually kill myself on camera
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@CalBlockchain gives a presentation every year showing info-session attendance against the bitcoin price. 1-1 correlation.
when blockchain clubs see interest, sell.
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You can just invent the new normal, make high conviction culture bets, and with a little push, force the overton window to move onto you.
Everyone always warned me about the same thing and they were all wrong—milady being hard opinionated is its moat, not its detriment. You can just invent the new normal, make high conviction culture bets, and with a little push, force the overton window to move onto you.
milady
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Building for Solvers was the greatest decision we ever made.
The volume is real, the profitability is sustainable.
Watching @ArrakisFinance mature into the PMM game, successfully, is one of the greatest narratives in DeFi.
Returning control to retail.
HOT, the MEV-aware AMM built to empower LPs, is now live 🌶️
Intents and MEV awareness will transform DeFi. HOT will be key to this story 🧵
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===== FREE INFINITE MONEY GLITCH =====
Buy sthype on hyperswap for 2.97 bps surplus
Sell sthype on valantis for 2 bps fee
Profit: 0.97 bps on up to a few mil
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khype amm is now the largest dex pool on hyperevm.
Both supplying HYPE to borrowers taking leverage and traders unwinding it.
Valantis is the liquidity layer
Felix is the leverage provider
Kinetiq is the yield source
Supercharge Hyperliquid DeFi
kHYPE by @kinetiq_xyz has swiftly crossed well over $200m+ in DeFi utilization within merely 5 days of launch.
Across the top 3 money markets alone, much of which enforcing caps, sits >$180m of collateral:
On @felixprotocol, $95.82m in kHYPE has been deposited, prior to even Felix CDP going live next week
On @hyperlendx, $48.32m in kHYPE has been deposited, has it's caps filled within 60 seconds every time they've been opened
On @HypurrFi, $36.88m in kHYPE has been deposited
There is a further >$55m in kHYPE that sits in the Kinetiq Earn vault managed by @veda_labs that will actively deploy this capital across the ecosystem imminently, meaning further deposits, and further juiced yields for both HYPE and stablecoin lenders, as well as vkHYPE depositors.
On @ValantisLabs, kHYPE AMM has become the largest LP at >$26m, which streams a portion of its deposits to @felixprotocol acting a a lender and juicing yields for LP's.
On @prjx_hl, kHYPE has become the largest LP at >$6m
This is all before massive composability unlocks such as yield trading on kHYPE like @pendle_fi, and many others.
A DeFi renaissance is occuring on @HyperliquidX, and it's all turbo charged by Kinetiq's vision to perfect HYPE as a money lego in its own ecosystem and beyond.
Heavily kHYPE coded.
Hyperliquid
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STEX APY just hit an all time high, surpassing staking yield.
Every hyperEVM DEX is selling sthype at a loss. Valantis LPs will happily steal from @HyperSwapX LPs and keep the profits.
If you want to run this arb- join Valantis discord. If you want to stack HYPE- deposit now
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It's pretty surreal watching myself tell this story while laughing. I was lost after this.
I still had a year left of college with no money left, paying for a degree I had no interest in using. The thing I had the most passion for was also the reason I was broke.
In the end I doubled down with all I had left, myself & my time. I had no financial exposure, I became emotionally decoupled from price. The Merge was my source of dopamine. I started working at Nethermind, the view of the ecosystem blew my mind! Burying oneself in infra is a great way to fantasize about what's to come and forget about the bad news of today.
I remember walking outside after the Merge after sitting on an 18-hour livestream, and being struck by the disconnect from the world around me and my world online. I started to build an environment for myself where it was impossible to take my eyes off the goal post. I met my first twitter friends IRL and haven't stopped seeing them since (@koheingt @shotaronowhere @bobbay_b). There is very little left that could discourage me from my conviction in the endgame for crypto.
2 years ago I was in a position with no PlanA or safety net, I felt like I was drowning. Somehow I still disregard the idea of a safety net, but I feel more in control than ever.
Conviction is important, but it must be well guided. I'm still all-in, but I'm betting the chips on myself & team this time. Blind faith is reserved for concepts & drivers, not implementations.
Can you really trust a founder if they've never been fucking exit liquidity?
Fortunately for us, the @ValantisLabs team is one of us 💕
Check out some of their most memorable exit liquidity moments 👇
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At the risk of sounding lame, I actually have so much fucking fun at conferences. I love seeing my friends, meeting new people, learning new things. This industry never fails to excite me, nowhere else I'd rather spend my energy.
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There's a 3-hour window with 50x increase in FTT trading volume on Binance 14 hours before this announcement. vol 26M; avg 500k.
I have no reason to believe this is not insider trading.
FTT 50% price increase: 7:00 UTC-5 December 5th.
Announcement 21:00 UTC-5 December 5th.
PENGU will have a total supply of 88,888,888,888 and will launch on Solana.
Check out our tokenomics and distribution below:
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exodia thesis
Hyperion DeFi has officially launched HAUS - the HYPE Asset Use Service, a first-of-its-kind on-chain service designed to onboard and scale financial activity on Hyperliquid.
With HAUS, Hyperion DeFi further positions Hyperliquid as the blockchain to house all finance.
Welcome HAUS Credo (@credo__v).
Hyperliquid.
globenewswire.com/news-relea…
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Fuck who sent this to me...
MODULES ARE COMING 👑⚔️
Check out our full chat with @happenwah & @DevenMat from @ValantisLabs - complete with timestamps!
(00:24) Intros from Ed & Dev
(13:26) Exit Liquidity Story Time
(21:07) Valantis Elevator Pitch: High-Level vs. Practical
(25:49) HOT-AMM Example
(34:53) Sovereign Pool Framework vs. Traditional
(43:49) Decoupling Market Making and Capital
(49:37) Valantis vs. Other Next-Gen AMMs
(57:35) Decentralizing Governance
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Is this different than not accepting bar credentials issued in other states? Albeit the purpose of this is to target specific groups ability to participate in society, not actual concern of the validity/merit of those credentials.
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I've consistently watched @tkstanczak introduce himself as "working at nethermind" without every mentioning
- he solo built the client to first release
- operates as CEO / founder
He just describes his day to day tasks. These conversations are often very funny. Lessons in that.
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sthype depegged 50bps
markets running dry
Valantis just had 700k HYPE ($30M) returned back to the pool from the unstaking queue.
Time to go to work
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When I was 22 years old I went to Istanbul by myself. Outside a mosque, I met a European woman on her way to Pakistan, to marry a man she had never met.
Packed in a crowd, I saw how incredibly nervous this tall blonde woman looked. Besides myself, she was the only non-muslim person in sight. Trying to use her jacket to cover her hair, confused by the foreign rules and customs. I asked if she needed help. I took her to the stall to rent a head scarf, and helped her wrap it (I had no idea either, but I was improvising).
She was on a 10 hour layover. It was the first time she has left her country, and by the look in her eyes, it seemed she did not plan to go back. She told me all about Latvia, which at the time I knew nothing about. Her face lit up with an opportunity to share her world. She showed me pictures of what she says is the most gorgeous forest on earth. She was a photographer. I noticed the camera on her neck. To this day I still hope to go to Latvia.
I never got to dig into why she was going to Pakistan to marry a man she did not know. I felt more responsibility to be helpful than to satisfy my curiosity. She took a photo of me inside the mosque. Nobody had taken a photo of me in months. I was also traveling alone for the first time in my life, and had gone months without much human English interaction. Looking back at the photo- I also had a look in my eyes not exactly replicable in my life today.
I asked how she planned to spend the rest of her time- she didn’t. We walked for 6-7 hours around Istanbul. We shared our worlds. I never asked the question most obvious. It felt like a subject to avoid.
I’d been in Istanbul for 2 weeks at this point, so I’d already seen everywhere we went. But nonetheless It felt good to do something not alone for once. I could tell she was grateful for my company as well. But still, she was incredibly nervous, and I was a welcomed and needed distraction. She told me how much she will miss her father. To me, the emotion of never going home was impossible to imagine.
I think about this interaction a lot. I think of my grandmother coming to the US to marry a man she did not know. Even when my grandmother tells me stories- feeling the energy from someone stepping into a new world for the first time, not knowing what is on the other side, no ability to turn back- cannot be shown retrospectively, let alone verbally.
When the sun was setting, I paid for her to take a taxi to the airport, she didn’t have much money with her. The goodbye left a strong impression on me. I, or she, did not know if she would be okay. The only thing we did know is we would never get an opportunity to see each other again. To this day I don’t think I’ve really reflected on how that made me feel, but I was right to be a distraction. Even if the gesture was very temporary, I think it came at an important time.
There is no moral. Be a friend I guess.
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∧,,,∧ ~ ┏━━━━━━━━━━━━┓
( • · • ) ~ ♡ Welcome to Hyperliquid ♡
/ づ ~ ┗━━━━━━━━━━━━┛
(Easter Egg inside)
Hyperliquid
This is only the beginning
We expect to expand Hyperliquid integrations and USDe use cases as the nascent Hyperliquid ecosystem continues to grow, including:
- Bridge from any chain direct to HyperCore via @LayerZero_Core
- Fixed rate via @pendle_fi
- "/earn" in @pvp_dot_trade
- Efficient AMMs with @ValantisLabs
and more
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If you ask someone on the street “do you want to get into crypto”; they definitely won’t ignore you; but they might assault you.
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We are actually hiring btw
tulip-guarantee-08e.notion.s…
Hiring a crypto BD. Looking for someone to
- Party with other BDs at conferences
- Repeat the one-liner description of our product to people who don’t care
- oversell oversell oversell !
Ideal Candidate
- Has cocaine addiction
- Can make anything sound like it fits into the most recent narrative
- Has never worked in actual sales and marketing, just is on twitter a lot
- has tg QR code lockscreen 365 days a year
Benefits
- Higher comp than all engineers combined
- Privilege to give mid/incorrect takes on blockchain backed by our company’s reputation
- Use 100% of your time to build your own brand instead of ours
- Freedom to list 10+ side projects in your bio
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Excited to be building #StarkNet Governance✨. Gonna be an eventful 2023 for StarkNet.
Wanna help the most unique L2 decentralize? Post your delegate profile in the forum to receive delegation and vote on network upgrades.
More info: community.starknet.io/t/dele…
Introducing StarkNet's next step in decentralization - voting on protocol changes. Next up is StarkNet's governance, which will span over the next few months.
medium.com/@StarkNet_Foundat…
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Also, it’s all just a fucking module. Every. Single. Piece.
Bet on something real please.
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This one is special-
met @0xaddi on Christmas eve- our teams clicked over why AMMs for LSTs suck- and we decided to fix it.
Blockchains have enabled a new type of derivative- redeemable trustlessly with known underlying value- yet we ignore our innovation and invite arbitrage by using general purpose AMMs.
THIS IS A NOVEL ASSET CLASS; IT DESERVES NOVEL LIQUIDITY INFRASTRUCTURE.
these designs have lived in the back of our minds for a long time. Thunderhead team as well. Had a couple calls to spec and @happenwah built the contracts in 2 weeks.
this is the fastest we've ever shipped; valantis is shifting to rapidly realize our vision of custom DEXes that rethink DeFi; have high expectations for everything that's coming.
TLDR
- The AMM NEVER sells below the peg- and integrates natively with the LST withdrawal mechanism to keep itself balanced in the absence of new stakers.
- The LST integrates natively with the AMM and gives LPs priority before sending new stake to validators
- For added fun- passive reserves are deposited into a lending market.
This can sound complicated- but I cannot stress this enough.
IT IS RETARDEDLY SIMPLE TO BUILD ON VALANTIS
new lending markets, new withdrawal logic, new LST protocols: its all lego brick modules (and they won't break order flow integrations 😉).
In life recently, I've been learning to break things down into steps. The whole puzzle can seem daunting- but when everything is broken down into individual pieces that seamlessly snap together- life isn't so hard anymore.
I gave a talk about this
piped.video/watch?v=xGQQwwrO…
1/ Introducing stHYPE AMM.
A new type of AMM for liquid staking tokens (LSTs) that never depegs by integrating with native withdrawal mechanisms.
Coming soon to @HyperliquidX, in partnership with @ThunderheadLabs.
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valantis wraps lending points + has the highest yield on HYPE.
will enable points across all lending protocols soon.
if you wan't a txn footprint this arb is wide open and earns hyperswap points (free money no risk).
===== FREE INFINITE MONEY GLITCH =====
Buy sthype on hyperswap for 2.97 bps surplus
Sell sthype on valantis for 2 bps fee
Profit: 0.97 bps on up to a few mil
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everyone seems to be expecting a layer of market makers doing everything for us instantaneously- taking asynchronous execution risk- and of course charging a premium for these services.
This is not very exciting or scalable
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Covered Calls are an incredible technology @ryskfinance
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my cancellation order was frontrun by a co-located market maker playing crossy road please help
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iykyk
Starknet alpha v0.12 deployed on Georli 😎.
@StarknetFndn opened up a test vote on snapshot to celebrate.
A ton of new delegates and teams building on starknet have gotten governance power since the v0.11 vote.
Vote to deploy v0.12 on mainnet vote opens tomorrow 👉👈
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@PoolTogether_ is probably my favorite defi app to shill to non-crypto people
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Uniswap <> StarkNet community call Tuesday Jan. 24 11am EST
Cohosted by @StarkWareLtd, @nethermind, and @UniswapFND
🦄🤝🐺✨
On Tuesday Jan 24 at 11 am EST, the UF will co-host a Twitter Space with @StarkWareLtd and @nethermind
We will discuss the proposal to deploy v3 on StarkNet, and the novel questions raised by what would be v3’s first non-EVM deployment
nitter.app/i/spaces/1jMJgLykLnexL
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The rise of intent auctions carves a hyper-competitive landscape for Ethereum’s most profitable order flow.
Why does HOT-AMM matter?
Introducing HOT: An MEV Aware, Intent-Centric AMM Design
TL;DR - better outcomes for LPs and token issuers through a first of its kind intents-aligned approach to on-chain liquidity.
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Valantis could have launched with a full suite of order books, stable swap, CL, and else ~1 year ago. But we realized things were changing very fast. And unless we lied to ourselves and mega-shilled + giga-pumped a farming token, the tech of fully onchain mev-blind AMMs was positioned to lose people (mostly retail) a fuck ton of money.
A storm is coming
Changes in the Order Flow Market: shifts to OFAs, Solvers, and PMMs
CeFi efficiencies are coming onchain and will outcompete the blind
TOXIC FLOW WILL EAT YOU ALIVE IN THIS ARENA
There wasn’t one solution to save the DeFi we know. And it is my personal opinion, in 3-years time the most profitable opportunities in Liquidity Provisioning in DeFi will be gatekept behind middlemen, UNLESS WE DO SOMETHING REAL.
We spent 2 years of our lives building a base layer to make building DeFi native AMMs and DEXes easy as fucking possible.
ANY EXISTING DEX PROTOCOL IS A FEW 100 LINES OF CODE ON VALANTIS.
Rapid and unconstrained innovation is the only thing that will save us during the most critical tide shift of our industry. Centralized Order Flow Markets, Gatekept liquidity sources, are going to rug decades of industry values from under us.
I’ve spent my entire teenage and adult life fighting to preserve the properties that first brought me into crypto, not just profit before things change.
Anyways, it appears you are building a DEX! Congrats.
Looking forward to seeing if you've actually got better answers to any of the hard problems of these systems.
But until you actually ship something that flips us, lol.
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