oz retweeted
Privacy wins. Today the Fifth Circuit held that @USTreasury’s sanctions against Tornado Cash smart contracts are unlawful. This is a historic win for crypto and all who cares about defending liberty. @coinbase is proud to have helped lead this important challenge. 1/6
seeing a lot $EIGEN pain on the TL
if only there was a platform that let you:
1) hedge your @eigencloud staked position
2) reutilize your Eigen position on different apps, without unstaking
3) do this on other app-layers (eg @swellnetworkio)
"use 70% of my ZkSync balance to get a pudgy, and sweep madlads with the change"
for any token, on any dApp, deployed on any chain.
being brought to reality by @trackstack_xyz + @jointradable
oz retweeted
We're excited to announce our integration with █████
From today, $pxETH and $apxETH from @redactedcartel are available for staking on Scroll, Arbitrum, and Mode.
The highest yield-bearing LST will secure our modules launching soon.
Alpha depositors would earn █████
ZKCasino reminded many of our formative ethos
don't trust, verify.
there's a massive difference between what a protocol might do and what it can. the former assumes trust
if you can't read the code yourself (recommended), at the minimum, look for reputable (non-Certik) audits
oz retweeted
ever wondered how to farm any protocol with 100x your size?
a system to bet on your convictions without being a whale
where you get 30 ETH of staking power (eg on Eigen Layer) with a 0.3 ETH deposit
(currently in prod, if there's enough interest ill share our mechanism)
If you've been sidelined, believe this is a good opportunity to support high conviction projects
If you're fully supporting, just survive, hold your conviction and do not capitulate
Someone once said, liquidations are a forced transfer of wealth from users who need to chase the new shiny thing to supporters
ever wondered how to farm any protocol with 100x your size?
a system to bet on your convictions without being a whale
where you get 30 ETH of staking power (eg on Eigen Layer) with a 0.3 ETH deposit
(currently in prod, if there's enough interest ill share our mechanism)
If you've been sidelined, believe this is a good opportunity to support high conviction projects
If you're fully supporting, just survive, hold your conviction and do not capitulate
Someone once said, liquidations are a forced transfer of wealth from users who need to chase the new shiny thing to supporters
oz retweeted
esp for insider farming, I've been asked by a ton of friends how to find team wallets;
• track the address used to raise, and find recurring payments it made (probably salary to team members)
• track first addresses to interact with the project's contract (prob team testing)
esp for insider farming, I've been asked by a ton of friends how to find team wallets;
• track the address used to raise, and find recurring payments it made (probably salary to team members)
• track first addresses to interact with the project's contract (prob team testing)
oz retweeted
crypto UX today sucks, and by a lot
13 wallet extensions, 19 wallets, 4 different portfolio trackers all on at least 3 different chrome profiles each with 20+ tabs.
if you've got 3 minutes to spare, read on a proposed solution to this nightmare.
one that should reduce custody requirements, browser risk, fragmented capital efficiency, and just general fatigue in interaction.
this is the solution in question:
dc/sl + IDs
where,
dc = distributed compute, the enabling of multiple applications to connect to a general layer, with each application being an instance on the layer.
sl = shared liquidity, having all those instances connected to a general balance sheet of assets (ie a general ledger).
IDs = a marker allowing users to tap into any instance, from any instance, using any asset, and from (or to) any indexable chain.
an example what this helps unlock is a user being able to stake in the shared liquidity hub on (app A), borrow a different asset on (app B), built on (Chain C), while arbitraging funding rates on DEXes D and E -- without moving their capital.
this is the wallet equivalent of being able to use your Arbitrum balance on Avalanche without bridging over your funds.
to explain this in more detail,
the sl system is made up of a general hub (base-chain), and distributed hubs (side-chains).
as the name suggests, distributed hubs are deployed on any chain that permits messaging, while the general hub co-ordinates the checks and balances across all distributed hubs.
the magic of the hubs is that utilizing @LayerZero_Labs they can talk to themselves, which allows a user to come from any distributed hub; inform the general hub of what happened, and then use their balance of another distributed hub.
an example would be depositing 100 Ether on Base and providing that 100 Ether as collateral on Fantom, possible they have Tradable hubs.
enabling this is the IDs, which (i) tracks user spending power across the entire system, and (ii) is protocol synchronous.
that is in the last example, a user could provide an LP position on one protocol and use that LP to do something unrelated on a different protocol on a different chain.
each function executed on a distributed hub is encoded and relayed to the general hub using the LayerZero messaging layer.
this is the grand vision of @jointradable, you can follow along with the journey of building it by following us, and me @defimooner.
for visibility sake; @PrimordialAA @ryanzarick @L0_Corner @alpha_pls @rektdiomedes @DefiIgnas @CC2Ventures @lawmaster @thedefiedge @rektdiomedes @crypto_linn @defiprincess @milesdeutscher @LouisCooper_ @TheDeFinvestor @dcinvestor @0xMaki
If you've been sidelined, believe this is a good opportunity to support high conviction projects
If you're fully supporting, just survive, hold your conviction and do not capitulate
Someone once said, liquidations are a forced transfer of wealth from users who need to chase the new shiny thing to supporters
