Scott Winges (@WingesScott) profile picture

Director of Product @ ZenLedger Making cryptocurrency taxes less painful

Seattle, WA
Joined December 2017
Photo by Scott Winges (@WingesScott)Photo by Scott Winges (@WingesScott)Photo by Scott Winges (@WingesScott)Photo by Scott Winges (@WingesScott)Photo by Scott Winges (@WingesScott)Photo by Scott Winges (@WingesScott)Photo by Scott Winges (@WingesScott)Photo by Scott Winges (@WingesScott)Photo by Scott Winges (@WingesScott)Photo by Scott Winges (@WingesScott)
Scott Winges retweeted
🙌 Stakers rejoice 🙌 Yesterday, news broke of a court ruling that could lead to favorable tax treatment of staking rewards. Although nothing is official, heres a breakdown of exactly what happened. 🧵time (1/8)
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Scott Winges retweeted
YC W21 Alumni Demo Day is here - good luck to all the companies presenting today.
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Scott Winges retweeted
You can now track your DDEX Balances & Margin Positions on Zerion, enabled by DeFi SDK 🏦 @ddexio2018 is a #DeFi platform for lending & margin trading that lets you trade ETH & BTC with up to 5x leverage ⚖️ According to @defipulse, the TVL in DDEX is $3M app.zerion.io/0x42b9df65b219…
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Scott Winges retweeted
The #DDEX #ETH-#USDT market with over $1.5m in the last 24 hours. ddex.io/margin/ETH-USDT Hope all of our friends and users are staying safe and happy during these crazy times! #DeFi #lendandearn #decentralized #ethereum
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Scott Winges retweeted
1/3 In the last 24 hours the price of #ETH fluctuated by over 30%, and #DDEX liquidated ~$500,000 of collateral in minutes. Due to liquidity shortage, $5,373 (~1%) loss was incurred. By design, this amount will be covered by built in insurance. No lenders will lose assets.
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Scott Winges retweeted
One thing we've been trying to improve on is data visibility. In #DeFi, lending pool history, interest rate history, and oracle price history are all helpful tools for evaluating performance. The picture here is the 30d history for our ETH oracle, seen on ddex.io/pool
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Scott Winges retweeted
We just published a piece on flash loans, the #bZx hacks, and DDEX's security. In the article we answer 4 questions that #DeFi users may consider when they go to test a new platform. Questions and feedback are welcome 😊 #DDEX #Security #Decentralized medium.com/ddex/reflecting-o…
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ddex.io/spot/iETH-ETH This could be an interesting market - what is the value of the ETH in an insufficiently liquid pool? At what type of discount would you consider the risk? #DeFi #ieth #bzx #ddex
From what I understand, the ETA for restoring many of the #bzx sites functions is sometime tomorrow. Especially if price shifts drastically it's going to really interesting to watch what happens #defi #februaryattacks
The deleveraging happening on bZx right now is both fascinating and scary to look at. As of now there are over 11,000 ETH in the bZx pool with only 0.6 ETH available for withdraw, meaning it is nearly impossible for lenders to exit. (source: app.fulcrum.trade/#/stats)
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Scott Winges retweeted
This analysis of the bZx hack is the first one I've read that actually makes sense and doesn't hand wave over crucial steps. Much respect to @pecshield medium.com/@peckshield/bzx-h…
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Crazy interest rates!
What a week it's been in #crypto! Love the convenient @defipulse graphs In the last week over $1M was added to our smart contracts. And interest rates are still booming: Currently via @LoanScan_io #1 APR on #ETH (19.52%) #1 APR on #USDT (24.06%) #4 APR on #DAI (9.24%) #DeFi
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Scott Winges retweeted
Over 🔥🔥$1.7M🔥🔥 of #ETH traded on our ETH-USDT (ddex.io/margin/ETH-USDT) market in the last 24 hours! That's >7,500 ETH traded as the price continues to climb. Will we break $2M? 😎 #DeFi #Ethereum #DDEX #limit #stoplimit #newhighscore
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Scott Winges retweeted
Visualization of the last 7 days of lending rates for #DAI and #USDT on DDEX (ddex.io/loans) A big spike in rates on the 3rd, and still staying high. DAI peaked around 14.7%, while USDT peaked around 14.2% These graphs are coming to public #DDEX soon :) #DeFi #ETH
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Mmm that sweet sweet 13% DAI return 🤑
Love these APR comparisons! Currently #DAI earning a whopping 13.04% on ddex.io 💪💪💪 #DeFi #Lendandearn #DDEX #BullmarketAPRsarethebest
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Scott Winges retweeted
Feature spotlight 💡 Did you know there's a History section on DDEX? ddex.io/history In the settings section, you access your full position, trade, and deposit/withdraw histories. You can track all of your activity on DDEX and fully analyze your investments #DeFi #DDEX
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Scott Winges retweeted
Dynamic interest rates on loans are awesome, but they're not without complications. We're creating some graphs for our users so that they analyze interest rate history. When you're looking to lend and earn interest, what do you like to see most? Let us know! #DeFi
19%The last week's rates
14%The last month's rates
24%7-day rolling averages
43%All of the above :)
21 votes • Final results
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To kick off 2020, our team at #DDEX wanted to give back to the #ethereum community. We've started by open sourcing some of our most useful libraries for interacting with the Ethereum blockchain. medium.com/hydro-protocol/op… Let's make blockchain development a little easier😀
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Pro mode for me 90% of the time. Though sometimes it's just a little easier to use the basic mode when using a new wallet - saves 1 tx!
Have you tried both the basic and pro modes on DDEX? The flexibility of the Hydro Margin smart contracts allows for super easy margin position creation (basic), and the ability to do advanced limit and stop-limit orders (pro). ddex.io/margin/ETH-USDT #DeFi #Decentralized #ETH
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Curious to see more detailed information about decentralized trading on Hydro? Reminder that hydroscan.io exists :) #DEX #Decentralized #DeFi #Exchange #Smartcontract #Ethereum
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