Fran

@david_enim @StaniKulechov Yep

@StaniKulechov sounds like what an openclaw would do

Earlier today, a user attempted to buy AAVE using $50M USDT through the Aave interface. Given the unusually large size of the single order, the Aave interface, like most trading interfaces, warned the user about extraordinary slippage and required confirmation via a checkbox. The user confirmed the warning on their mobile device and proceeded with the swap, accepting the high slippage, which ultimately resulted in receiving only 324 AAVE in return. The transaction could not be moved forward without the user explicitly accepting the risk through the confirmation checkbox. The CoW Swap routers functioned as intended, and the integration followed standard industry practices. However, while the user was able to proceed with the swap, the final outcome was clearly far from optimal. Events like this do occur in DeFi, but the scale of this transaction was significantly larger than what is typically seen in the space. We sympathize with the user and will try to make a contact with the user and we will return $600K in fees collected from the transaction. The key takeaway is that while DeFi should remain open and permissionless, allowing users to perform transactions freely, there are additional guardrails the industry can build to better protect users. Our team will be investigating ways to improve these safeguards going forward.

Hermes Agent is officially our fastest-growing project ever! A huge thank you to everyone who has been experimenting with it, shared the announcement, or took the time to make a contribution to the project.

Introducing Sophia. Distributed training changes the AI landspace by making compute fungible. The entire global supply of compute becomes available to anyone building models—not just the few who can afford to concentrate it in one place.

To everyone who said prediction markets are just sports, here’s the CEO of a $110b company: 1. Weather and temperature contracts are the most frequently traded 2. Utilities will soon hedge electricity and natural gas contracts using these markets Prediction markets are already institutional You’re just not paying close enough attention

Can definitely see this happening for the foreseeable future. No incentive to lock Pendle while others are earning outsized returns.

@KobeissiLetter Europe is not a country you idiots - false equivalence

Europe has been left in the dust. ASML, $ASML, just became the THIRD company in Europe's history to hit $500 billion in market cap. Meanwhile, Nvidia, $NVDA, casually swings $500 billion in market cap per day, and is 9 TIMES the size of ASML. In fact, ASML wouldn't even make the top 15 list in the US. OpenAI alone, a private company, is roughly the size of Europe's 2 largest public companies COMBINED. Innovation in Europe has come to a halt.

Equity perpetuals are going to see huge adoption in this industry. Why? Because most tokens are absolute trash possibly worse than trash. You now can get leverage on the MAG7 that literally only go up. It’s hard to lose buying these assets. After everyone has been rinsed by CEX listing crime it’s the only viable way to run it back. Market severely underwriting the TAM for this sector.

The battle for the soul of crypto begins. Why are we here?

Brilliant article by @profplum99 - I don’t think this could have been articulated anyway possibly better. yesigiveafig.com/p/part-1-my-li…

@GavinSBaker Hi @GavinSBaker can you share sources, it would be great to have a little evidence to back up the assertions you're making. For example, wrt to ROIC being higher now than before etc...

The thing people forget is that all the fear indexes were max red for a large part of 22.

@BowTiedIguana almost? Way more given how shit most of them are.

"For investors, the takeaway is that tokens can and should be analyzed with almost the same rigor as traditional financial instruments..." Long awaited deep dive on tokenomics now live on DeFi Education *for paid subscribers only* defieducation.substack.com/p/deep-dive-re…

Stablecoins won the popularity contest this cycle. Everyone loves them so much they stopped asking what’s actually inside the box. So we treat every stable like it’s backed by treasuries — even when some are backed by fumes. DeFi integrates them the same. Reality won’t.

At least the memes will be good again.

A lot of bickering around Aero's conference in NY. IMO we're missing the main point: the only thing that matters is that protocols maximize the value of their limited assets with which to pay for and attract LPs, Tokenholders and talent. Aero is massively expanding its ability to generate revenues through lateral expansion in products and chains. This will all increase their ability to pay for liquidity, pay tokenholders and pay team members. Ignore the noise.

@0xSehaj @avantisfi @baseapp Share

The @avantisfi @baseapp mobile app will melt faces. RT for early access 👀.

@krugermacro Yep

Tradfi will absorb the best parts of crypto, and the future of finance will emerge. Everything moves onchain. DeFi becomes Finance. Existing best in class tokens adapt & thrive. Most tokens die. New ones emerge. And crypto traders trade both equities & tokens seamlessly.

@dcfgod @ether_fi What do you make of the unlocks though?