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018.eth

@018eth

Consistent small actions compound over time🌱

Katılım Şubat 2020
1.9K Takip Edilen3.1K Takipçiler
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ExaGroup
ExaGroup@exagroupxyz·
Stablecoins won payments. But they may not win yield. JPMorgan's JLTXX points to the next crypto cash stack: stablecoins for movement, tokenized money funds for carry. Full Exa research: exagroup.xyz/research/stabl…
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Permexpat
Permexpat@permexpat·
@KostifyInc Wow that’s the new Al Habtoor Residence, I guess that project’s going to be pushed back awhile…convenient timing
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Kostify
Kostify@KostifyInc·
Dubai view from my bedroom rn So funny how people try to make this feel like the end of the world on X, while it's really just a regular fire
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Phantom Stays
Phantom Stays@PhantomStays·
Balinese opulence is on another level & no one can convince me otherwise
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poof
poof@poof_eth·
Had a Jane Street interview in 2013 that still bothers me. It was my 6th round. Final interview. The guy walks in carrying no laptop, no notebook, just a cold brew and what I later realized was a single IKEA tea candle. He writes on the whiteboard: food: $200 rent: $800 utilities: $150 candles: $3,600 family: dying Then he turns around and says, “Optimize.” I laughed because I thought it was a culture-fit bit. He did not laugh. So I said, “Well, obviously you spend less on candles.” He says, “Assume candles are non-discretionary.” Okay. I start building a model. Basic constraint satisfaction. Family survival as a soft penalty. Candles as a state variable. Maybe there’s an arbitrage where you buy wholesale paraffin and convert the $3,600 line item into inventory. He stops me. “You’re thinking like a consultant.” That’s when I knew I was in trouble. He says, “Give me a bid-ask on family dying.” I say, “What?” He says, “You’re long candles, short family. Where do you make markets?” I try to recover. I say the real issue is liquidity: rent and utilities are fixed, food is elastic, candles are emotionally inelastic. Therefore the optimal strategy is to securitize future candle enjoyment and borrow against it. He nods for the first time. Then he asks, “What time do you sell the candles?” I say, “Whenever the market is liquid?” He says, “Be more specific.” I say, “Uh… 10 a.m. Eastern?” For the first time, he smiles. He goes, “Every day?” I say, “Every day.” He says, “In size?” I say, “In size.” He says, “And what do we call that?” I say, “Market manipulation?” The room gets very quiet. He looks disappointed and writes something down. “No. We call it providing liquidity to candle ETFs during the U.S. cash open.” I try to save it. “Right. Of course. The family isn’t dying because we underfunded them. They’re just experiencing temporary price discovery.” He nods again. Then he points back at the board. I had missed it. The utility bill was $150, but candles provide light. You can zero out utilities. I update the budget: food: $200 rent: $800 utilities: $0 candles: $3,750 family: still dying, but now in a more capital-efficient way He says, “How confident are you?” I say, “0.95.” He smiles and circles candles. “0.95 huh?” Then he asks me to estimate how many leveraged longs get liquidated if we dump $3,750 of candles at 10:00:01 every morning for 90 consecutive trading days. Needless to say I did not get the offer.
Deedy@deedydas

Jane Street made ~$40B in 2025 with 3,500 employees, a ~2x from the year before. At ~65-70% profit margin, that's $8M profit / employee, the highest for a 1000+ ppl company. High-frequency trading continues to be the most efficient money making engine. I want to share an old story about my Jane Street interview in 2014. Jane Street was known for hiring a lot of math, physics and CS olympiad winners from top universities and putting them through many rounds - including, for trading roles, a gauntlet of mental math. It was my 6th interview and my final round and I recall being asked "What is the next day after today in DD/MM/YYYY where all the digits are unique?" They'd toy with you and say "You can use a pencil and paper, if you want" but you knew that was an instant no. Painstakingly and as quickly as I could, I came to an answer. "How confident are you that this is correct on a 0-1 probability scale?" the interviewer said. "0.95", I blurted out, not fully knowing how to answer that. "Are you sure?" After thinking harder for a few more seconds, I realized I could've flipped the digits around to get a closer date. I gave the interviewer my answer. It was correct. "0.95 huh?" he chuckled. That's when I knew I failed. Note: fwiw, other companies that come close in efficiency are - Tether ($90M+ profit/emp) - Hyperliquid ($80M+ profit/emp) and on revenue: - Valve ($50M/emp) - OnlyFans ($37M/emp) - Craigslist ($14M/emp) - Anthropic ($12M/emp, run rate) - OpenAI ($8M/emp, run rate) For comparison, Nvidia is very efficient at scale and is $4.4M/emp.

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Zach Rynes | CLG
Zach Rynes | CLG@ChainLinkGod·
Look guys, it's actually really straightforward, a bunch of people staked their ETH on the Ethereum blockchain to earn yield, except they didn't want their capital to be locked up, so they actually staked with a liquid staking protocol called Lido who provided them a liquid staking receipt token called stETH, except they decided to juice their yield further by depositing their stETH receipt tokens into a restaking protocol called Eigenlayer, except they didn't want to lock up their capital, so they actually restaked with a liquid restaking protocol called KelpDAO who provided them with a liquid restaking receipt token called rsETH, except they decided to juice their yield further by depositing their rsETH tokens into a lending protocol called Aave so that they could open a leveraged looping position that borrows ETH against the rsETH collateral and restakes the ETH into rsETH which is then deposited as collateral, except it turns out rsETH used a cross-chain bridge called LayerZero that was hacked by north koreans causing rsETH to become undercollateralized and now these looping positions are stuck and unprofitable, and everyone is pointing fingers at each other, and also DeFi is a very serious industry
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018.eth
018.eth@018eth·
@shanaka86 Just as the UAE acted early to prevent the Muslim Brotherhood from infiltrating society two decades ago, they are now dismantling terrorist cells before they can take root. Well done!
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Shanaka Anslem Perera ⚡
Shanaka Anslem Perera ⚡@shanaka86·
JUST IN: The UAE just shut down every Iranian institution in Dubai. The hospital. The schools. The club. Every government-dispatched Iranian staff member has been ordered to leave the country immediately. The Iranian consulate has been told to reduce operations to local staff only. Iran International broke the story. The Iranian Hospital received Dubai Health Authority instructions to cease all activities within one month. The Knowledge and Human Development Authority revoked the licenses of at least five Iranian Community Schools, with students ordered to transfer by 16 March. The Iranian Club announced it will suspend all activities by 15 March, citing “current circumstances.” The circumstances are 1,540 drones and 293 ballistic missiles fired at the UAE in fourteen days. Six Emiratis and expatriates are dead. One hundred thirty-one are injured. Debris from interceptions has hit Dubai Creek Harbour, 23 Marina, the Palm Jumeirah Fairmont, the Burj Al Arab facade, Dubai International Airport, Jebel Ali Port, and the Ruwais Industrial Complex in Abu Dhabi. The UAE has spent between $1.3 and $2.6 billion on air defence in two weeks, thirteen times what Iran spent on the attacks. The safe haven that Dubai built over three decades is being eroded by fragments falling from a 94% interception rate, and the 6% that gets through produces fires on the evening news every night. The institutional closures are the diplomatic equivalent of what the insurance industry did on 5 March. The P&I clubs severed the financial relationship between Gulf shipping and global commerce. The UAE is now severing the social relationship between Iran and the Gulf’s largest commercial hub. The hospital that treated Iranian expatriates, the schools that educated their children, the club where the community gathered, all closed. Not because of what happened inside them but because of what is happening above them. There are approximately 400,000 to 500,000 Iranians living in the UAE. Many have been there for decades. They run businesses, own property, send their children to the schools that just lost their licenses, and receive care at the hospital that just received its shutdown notice. The closures do not target combatants. They target infrastructure of normalcy. The message is not subtle: if your government fires missiles at our towers, your community loses its hospital. The UAE closed its embassy in Tehran on 1 March, three days after the war began. It has now closed Iran’s institutional presence in Dubai. The diplomatic rupture is complete. No embassy. No consulate staff. No hospital. No schools. No club. Two countries that share a 33-kilometre waterway, $300 billion in Iranian assets on Emirati soil, and a fifty-year dispute over three islands that Iran seized in 1971 have reached the point where the only Iranian presence the UAE will tolerate is the drones it shoots down. This is what the war looks like when it reaches the ground floor. Not Marines or airstrikes, but a school principal telling parents their children must transfer by Monday. A hospital administrator telling patients their insurance is suspended. A community club posting a notice that says “due to current circumstances” because the current circumstances are ballistic missiles aimed at the city where the club stands. The towers burn from debris. The institutions close by letter. The community that built a life between two flags discovers that when those flags go to war, the life built between them is the first casualty that does not make the evening news. Full analysis below open.substack.com/pub/shanakaans…
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RazzleDazzle
RazzleDazzle@Azra3861·
@081doteth Absolute rubbish. They stole Ocean community rewards, converted to FET and sold at the exact time while TRNR was buying in, knowing that their huge sales wouldn't be so obvious due to the buying pressure during that period to hide it. They ran, no community, no integrity.
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018.eth
018.eth@018eth·
Integrity is a blunt refusal to be compromised! It is doing what is right. Even if it takes time. Even if no one sees it. Even if it costs everything. Even if the world doubts you. I have known Bruce and Trent for years — and if there’s one thing that is non-negotiable for them is INTEGRITY. OCEAN is about to rise and shine again. Stay tuned Navy 🌊
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Ocean Expeditions for OceanDAO
Ocean Expeditions for OceanDAO@oceandao_oe·
Ocean Expeditions is pleased to share our first community announcement. Following recent arbitral findings, we are providing clarity on the path forward for the $OCEAN ecosystem and reaffirming our long-term commitment to its decentralized future. Full statement below.
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Ocean Protocol
Ocean Protocol@oceanprotocol·
The ASI Alliance from Ocean’s Perspective By @brucepon People are rightly angry and frustrated. No one is a winner in this current state of unease, lack of information and transparency, and mudslinging. Ocean doesn’t see the benefit of throwing around unfounded and false allegations or the attempts to sully the reputations of the projects and people – it just damages both the ASI and Ocean communities unnecessarily. Ocean has chosen to remain silent until now, out of respect for the ongoing legal processes. But given so many flagrant violations of decency, Ocean would like to take an opportunity to rebut many publicly voiced false allegations, libels, and baseless claims being irresponsibly directed towards the Ocean Protocol project. The false and misleading statements serve only to further inflame our community, while inciting anger and causing even more harm to the ASI and Ocean communities than is necessary. Rather than throw unsubstantiated jabs, I would like to provide a full context with supporting evidence and links, to address many of the questions around the ASI Alliance, Ocean’s participation, and the many incorrect allegations thrown out to muddy the waters and sow confusion among our community. This blogpost will be followed up with a claim-by-claim rebuttal of all the allegations that have been directed towards Ocean since October 9, 2025 but for now, this blog gives the context and Ocean’s perspective. I encourage you to read it all, as it reflects months of conversations that reveal the context and progression of events, so that you can best understand why Ocean took steps to chart a separate course from the ASI Alliance. We hope the ASI Alliance can continue its work and we wish them well. Meanwhile, Ocean will go its own way, as we have every right to do. These are the core principles of decentralization – non-coercion, non-compulsion, individual agency, sovereign property ownership and the power of you, the individual, to own and control your life. @HMsheikh4 @bengoertzel @ASI_Alliance @Fetch_ai @SingularityNET @jamie247 @cryptoF0XXY @RealAllinCrypto @bubblemaps @binance @Cointelegraph @CoinDesk @Eljaboom @scottmelker @gordongekko @AltCryptoGems @CryptosBatman @DefiantNews blog.oceanprotocol.com/the-asi-allian…
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018.eth
018.eth@018eth·
@omidchahar85634 @Son_of_Krypto I'm sure the ASI Alliance will find a reasonable solution and things will recover just fine. One member leaving the alliance is no big deal. I'm seeing too much FUD frankly
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Omid
Omid@omidchahar85634·
@Son_of_Krypto @081doteth I think it will be like Solana at $8 and FEt will surprise everyone. We will see it above $10 soon.
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018.eth
018.eth@018eth·
@mattunchi There’s been a lot of speculation around the departure of Ocean from the ASI Alliance And until official information is released, the best unbiased signal left to follow is the market itself Right now, the market is picking its side
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018.eth
018.eth@018eth·
Unafraid to stand on our own. - 81% of supply burnt - 10% of circulating supply locked in veOCEAN contracts - Remaining supply distributed across 37,000 token holders Exchanges can now relist. $OCEAN is back! 🌊
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