Paul M | Float
134 posts

Paul M | Float
@0x9Bf6
Lead Dev, Float Protocol
Yellow Submarine Katılım Ocak 2021
140 Takip Edilen397 Takipçiler
Paul M | Float retweetledi

@GEMSAlliance @anth0nybeaumont @reflexerfinance @feiprotocol @FloatProtocol It's a design choice. We're not trying to be RAI - which is designed to be stable (and frankly $ pegged with an offset in practice) or FEI.
It's a trade-off space and we wanted to not have the stress of a 50% drop in a day with FLOAT, but still the potential for a 20-30% rise.
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@anth0nybeaumont @reflexerfinance @feiprotocol @FloatProtocol What do you make of the volatility of $FLOAT though, compared with the other two in your tweet?
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It's day's like today that you realise how well designed the likes of Rai (@reflexerfinance), Fei (@feiprotocol) and Float (@FloatProtocol) actually are.



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Paul M | Float retweetledi

The new @gnosisSafe transaction builder is 🔥
That shopping cart-esque batch list where you can drag and drop to change order🤌

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Paul M | Float retweetledi

A few days ago, @samczsun pointed out that @indexcoop's Rari pool 19 was being attacked. While this was indeed an attempted oracle manipulation, the attacker ended up failing miserably and lost 68 ETH.
Here's a breakdown of how it went wrong for the attacker:
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The good news out of this is that arbitrage bots have woken up to the opportunity and rekt the attempted price manipulation.
More secure V3 oracles here we come.
samczsun@samczsun
1/ An update: I tweeted a live vulnerability out when there was a better alternative (though I didn't realize at the time) and for that I apologize. It's especially bad because I've ragged on others for similar things before, and I hate being a hypocrite. Here's what happened.
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Paul M | Float retweetledi

People should be able to airdrop tokens to their community without asking them to doxx their financial history.
We built this using native Ethereum zk-proofs with supporting examples and libraries.
github.com/a16z/zkp-merkl…
Details 👇
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Paul M | Float retweetledi

Claiming your $ENS can be difficult from multi-sig wallets (@gnosisSafe) - no one wants to rally signers for two contract calls when one will do.
You can construct the proof yourself (just copy paste the data)
@floatcoder/ens-claim" target="_blank" rel="nofollow noopener">observablehq.com/@floatcoder/en…

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Paul M | Float retweetledi
Paul M | Float retweetledi

🍿🍿🍿
Chat with the stablecoin pros and giga-chads about the future of stablecoins and Fuse. Exciting conversation already
@samkazemian from FRAX
@OneTrueKirk from rUSD
@joey__santoro @sdalcega from FEI
@stefan__ionescu from RAI
@0x9Bf6 from FLOAT
twitter.com/i/spaces/1zqKV…
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Open-sourcing our little tool for this: @floatcoder/decode-raw-data" target="_blank" rel="nofollow noopener">observablehq.com/@floatcoder/de…
Use any @etherscan verified contract to decode raw data - great for @gnosisSafe transaction checks too.
Also has some helpers to handle base unit amounts and timestamps.
banteg@banteg
@_RustyRabbit @MonetSupply @0xPEPO Metamask literally shows you the ABI and raw data, it's one step away from showing "castVote(proposalId=2, supports=true)". Which function you are calling should be most prominently displayed because rugged payload can be catastrophic.
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3) Check your defaults - which do you think can provide a value for `maxPriorityFeePerGas`?
A) MetaMask
B) Web3 Library (web3.js / ethers etc)
C) Web3 Endpoint
D) Gas Platform (e.g. @blocknative)
E) DApp
All of them can😅 - check who it is for you!
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1) Remember you should support EIP-1559 & legacy transactions even if the network supports an EIP-1559 transaction.
github.com/ChainSafe/web3…
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Supporting EIP-1559 in @FloatProtocol has been a "fun". To save anyone the effort here are the places we've tripped up.👇
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Paul M | Float retweetledi

⚠️ Tally voting bug
If you vote against, it sends a "for" vote. Avoid using it for now and check the calldata carefully. This is probably what happened to @MonetSupply.
h/t @0xPEPO

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@dhof @nounsdao I'll volunteer. We relied on reviewers when @FloatProtocol launched so would be happy to pay it forward.
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@gotojedi @FloatProtocol @CurveFinance Not to say I don't think what they're doing is cool, but they're running a different gambit with the focus on growth.
Mark is new to me, I'll have to do some research.
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@gotojedi @FloatProtocol @CurveFinance I think we meet that definition nicely. The other coins are generally taking very different approaches.
RE: RAI & FEI we've got a whole article medium.com/float-protocol….
OHM I'd currently put in a different category because they're not currently focused on stability or tracking.
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FLOAT/USDC @Uniswap V3 0.05% Pool is getting incentivised tomorrow at 10pm UTC.
Here are four reasons we are excited: 👇
GIF
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