Isaac Lau (๐Ÿฆ›, ๐Ÿš€)

47 posts

Isaac Lau (๐Ÿฆ›, ๐Ÿš€) banner
Isaac Lau (๐Ÿฆ›, ๐Ÿš€)

Isaac Lau (๐Ÿฆ›, ๐Ÿš€)

@crypt0zeke

Builder & maker on da blocks n' chains @AlchemyPlatform โšก

San Francisco, USA ๊ฐ€์ž…์ผ Haziran 2018
331 ํŒ”๋กœ์ž‰587 ํŒ”๋กœ์›Œ
Ramiro
Ramiro@racozoยท
weโ€™re in the saas business, suffering as a service
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Isaac Lau (๐Ÿฆ›, ๐Ÿš€) ๋ฆฌํŠธ์œ—ํ•จ
Israel Democracy HQ
Israel Democracy HQ@IldemocracyHQยท
Thrilled to share that a generous donation enabled us to purchase 3,000 bulletproof vests for IDF soldiers, with the help of the Czech govt and in coordination with the IDF ๐Ÿ‡จ๐Ÿ‡ฟ๐Ÿ‡ฎ๐Ÿ‡ฑ Shoutout to the 669 Search and Rescue Unit Alumni Network for helping make it happen๐Ÿ™ Am Yisrael thanks you! ๐Ÿ‡ฎ๐Ÿ‡ฑ๐Ÿ™Œ #StandwithIsrael #SupportIDF
Israel Democracy HQ tweet mediaIsrael Democracy HQ tweet mediaIsrael Democracy HQ tweet media
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Isaac Lau (๐Ÿฆ›, ๐Ÿš€)
Isaac Lau (๐Ÿฆ›, ๐Ÿš€)@crypt0zekeยท
USDT holders, on the other hand, are absorbing the debt... LEARNINGS: Single-side interest products are often less single-sided than you think.
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Isaac Lau (๐Ÿฆ›, ๐Ÿš€)
Isaac Lau (๐Ÿฆ›, ๐Ÿš€)@crypt0zekeยท
But since AH gets the ETH at 0%, the lending yield is at ~1%. To mitigate this problem and allow users to withdraw funds, AH is diluting its ETH debt liability with its USDT pool. Long term, this is great for ETH holders.
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Isaac Lau (๐Ÿฆ›, ๐Ÿš€)
Isaac Lau (๐Ÿฆ›, ๐Ÿš€)@crypt0zekeยท
๐Ÿง ๐Ÿ’ญ Alpha Homora <> Iron Bank: A Story of Bad Debt Allocation TLDR: Alpha Homora's massive ETH debt to Iron Bank means users can't withdraw ETH and protocol incentives are out of alignment
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Isaac Lau (๐Ÿฆ›, ๐Ÿš€)
Isaac Lau (๐Ÿฆ›, ๐Ÿš€)@crypt0zekeยท
If you rinse and repeat some combination of these 3 outcomes and mix in a bear market, you have a serious issue on your hands..... and thats what we're seeing today with Bancor pausing their ILP program.
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Isaac Lau (๐Ÿฆ›, ๐Ÿš€)
Isaac Lau (๐Ÿฆ›, ๐Ÿš€)@crypt0zekeยท
1. BNT holders take a hit from inflationary spending measures 2. IL payouts of BNT means that BNT is less valuable on other pairings purely by inflationary measures 3. BNT payouts are dumped in exchange for other tokens
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Isaac Lau (๐Ÿฆ›, ๐Ÿš€)
Isaac Lau (๐Ÿฆ›, ๐Ÿš€)@crypt0zekeยท
@thedefiprincess @HopProtocol I think they definitely could have overlapped txs other ways too! I think looking at size/volume/timing in aggregate can be helpful too. Attacks tend to follow a repeatable or, at least, similar pattern in these areas
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Princess
Princess@defiprincessยท
@crypt0zeke @HopProtocol So thatโ€™s a no to the other question ๐Ÿ˜‚. Iโ€™ll ask if thereโ€™s any other way the sybil attacker could have overlapped transactions apart from the one you mentioned
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Isaac Lau (๐Ÿฆ›, ๐Ÿš€)
Isaac Lau (๐Ÿฆ›, ๐Ÿš€)@crypt0zekeยท
๐ŸงตHow I earned $1500 in a bear market by hunting the hunters Shoutout to @HopProtocol for engaging devs and migrating Sybil attacks.
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Princess
Princess@defiprincessยท
@crypt0zeke @HopProtocol First offโ€ฆ I have a LOT of questions and wouldnโ€™t want to make this a long thread so is there any medium where I could have a more private and meaningful conversation with you. Iโ€™d also love to pick your brain a bit But my first question is thisโ€ฆ what led to this discovery ๐Ÿ˜Š
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Isaac Lau (๐Ÿฆ›, ๐Ÿš€)
Isaac Lau (๐Ÿฆ›, ๐Ÿš€)@crypt0zekeยท
Step 1: Track on-chain transfers across all EVM chains for all eligible airdrop addresses Step 2: Filter out connected graphs with low nodes Step 3: Query Hop subgraphs to confirm Sybil behavior Step 4: Profit! ๐Ÿค‘๐Ÿค‘
Isaac Lau (๐Ÿฆ›, ๐Ÿš€) tweet media
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