Karim
443 posts

Karim
@gkarims
Indie developer. Building projects as a lifestyle 🥁 Now Live https://t.co/Z93ULELr7Q
Porto, Portugal Beigetreten Ekim 2010
343 Folgt119 Follower

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@HyperliquidX Is there an estimate date of the refund to regular traders?
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Yesterday is a good reminder to stay humble, hungry, and focused on what matters: building a better financial system owned by the people. Hyperliquid is not perfect, but it will continue to iterate and grow through the collective efforts of builders, traders, and supporters.
Users with JELLY long positions at the time of settlement will be refunded by the Foundation as if their position settled at the closing price of 0.037555. This results in all JELLY traders being settled at a price advantageous to them, except flagged addresses.
To recap what happened:
A trader self-traded a 4M USDC JELLY position at 0.0095.
The price of JELLY then rose more than 4x, with HLP backstop liquidating the 4M position.
The short position led to a loss in HLP’s account value.
The OI cap formula is a dynamic function of global liquidity and OI on other venues including major CEXs. A 4M USDC position fell within those limits, but additional open interest was prevented from being opened beyond the automatically triggered cap.
However, the key issue was that once HLP took over the position, it shared collateral with the other component vaults in the strategy and therefore did not trigger ADL.
Risk management on Hyperliquid is being strengthened in various ways, including:
+ HLP: The Liquidator vault will have a tight cap representing a small percentage of total HLP account value, rebalanced less frequently, and more sophisticated logic around taking backstop liquidations. ADL will be triggered if the Liquidator loses above a certain threshold, instead of moving collateral automatically from the other component vaults. Note that ADL is not expected to trigger during organic market activity.
+ OI caps: Open interest caps will be refined to be dynamic relative to market cap.
+ Delistings: Validators will vote onchain to delist assets that fall beneath thresholds.
Thank you for your continued feedback, support, and commitment.
Hyperliquid
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@dominikconrads @1Password And they don't care to update their status page
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@IAmNickDodson Unfortunately Legion is also doing a poor job with verification pending for 5 days.
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Due to the poor experience many encountered today with Impossible, the early Fuel Bridgors waitlist first come first serve (FCFS) portion will be refunded by Impossible and we will transition this portion over to Legion.
For those who genuinely participated, we encourage you to register on Legion* if you haven’t already. When doing so, please include a brief note in your cover letter explaining your situation, and we will do our best to accommodate you.
We’re sorry for this, please DM me if you have any concerns and I’ll try to get back to everyone.
* No US or UK persons
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@IAmNickDodson Same frustration with Legion, they can’t process POA for 5 days.
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While researching how to parse music festival posters, discovered fantastic resource with comprehensive music data, including all artists and it is with open licence! musicbrainz.org
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It's been a while since I've finished and launched anything on my own (except contract work). Really needed to push myself through. So decided to build anything fun just to get in finished, here we go:
🥁
festify.live
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@BearNotesApp version 2 is finally here! The update is so awesome, added so many missing features, love it more and more!
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@dvassallo My friends at children programming school use Roblox and Scratch for teaching.
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Which font family is the best for coding ? I’m currently using jetbrains mono. @gkarims suggested MonoLisa but I don’t have money to try it out 😅
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I just donated to Save the Children to help children in need. You can too: donate.savethechildren.org/en/donate/chil…
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Karim retweetet

2020 🚧
2021 ✂️🎀
2022 ❌ 🔌
2023 🔒🔓⁉️
This is 1/2 ready to open but still not legal to work superchargers in Portugal 🇵🇹
Do we need the #afir legislation to break one side?🥶
@Tesla @IsmailErtug @Koen_Schroder @govpt #MobiE #TeslaPT
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Decided to resume building because my wife asked for artdeal service 🤩
Karim@gkarims
Resuming building artdeal.io. Started with updating dependencies and fixing BC issues. More to go 🚀
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Resuming building artdeal.io. Started with updating dependencies and fixing BC issues. More to go 🚀
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Haven't been here for quite a while 😬 Check out new work on my @Behance profile: "Alphabet with animals" be.net/gallery/155212…
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Karim retweetet

@benbarbersmith Recently was making the same choice - went with M1 pro 14” and absolutely happy about it. Comparing to M2 Air it has better display, and active cooling = less throttling.
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Okay, what’s the best bet for a decent development laptop today?
M2 air with at least 16GB or memory? Or are M1 Pro/Max still superior?
Finally trashing my 2018 Core i5 MBP.
I recall @iwootten had strong opinions and did the research on this…
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Wohoooo!! 🎉 slowly but steadily we’re growing 😍 thanks everyone for your love and support 💜💙
#NFTartist #NFTcommunity #illustration

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Let me present the Lady Seagull with the head of a Warrior Seagull - 1/1 #pfp collectible from the #SeagullsInArt collection inspired by Artemisia Gentileschi’s revolutionary painting. Story behind is in the 🧵 #Seagullsinart_story
0.015 ETH on #polygon
opensea.io/assets/matic/0…

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