Lucid 🦇🔊

Why is everyone on my CT timeline heading over to KL?

@devjoshstevens @Polymarket @Starknet ?

This is my 3rd week as VP of Engineering DeFi at @Polymarket , and I'm going to be straight: the traction @Polymarket has seen has massively outpaced our infrastructure, and we haven't done nearly enough to scale to keep up. I hear you, and fixing this is our entire focus. We're a major company now, and we need to engineer like one. Here's exactly what we're doing: - Onchain data latency. We're working on making this near-instant so the experience is incredible. - Chain migration. We need more block space, cheaper gas and much smaller block times so settlement is instant. - Transactions are getting cancelled. We understand this is one of the most frustrating issues right now, and we have a complete fix coming very soon. - Massive focus on the website to make it faster, more responsive, and with better UX. - We added observability everywhere. Proper alerting so we catch issues ourselves, market makers should not be the ones telling us something is down. That's been unacceptable, and we know it. - E2e tests throughout, starting with the CLOB, so issues get caught in CI before anything ships. - CLOBv2 is not a rewrite. It won't improve performance or stability on its own; it's an upgrade that unlocks us to move fast right after. We'll do better with communication next time. - We are rebuilding the CLOB from the ground up. Most important thing we're doing. Without it, we can't be the best DeFi exchange in the world. We know it, we're on it, it's mission critical. - Unified TypeScript SDK for all APIs, which is shipping soon. - Unified API. One WS connection for everything, with a schema that's actually readable. - New Polymarket contract in the works that unlocks things that are simply impossible on the current protocol. - New hires: Head of QA Automation, Head of Dev Tooling, Head of Internal Tooling, Head of Data Engineering. - Smaller, dedicated teams. Fewer focus points per person, clearer ownership. People do what they're good at and are accountable for it. - Working closely with customer support to give them real debugging tools so any user issue gets properly diagnosed, not lost. - Proper communication with marketing and market makers so everyone knows what's coming and when, and MM can submit feature requests with a clear path to get them into engineering and shipped. - Working with 4 security teams daily to ensure we're super secure and that funds are always safe. - Perps incoming. Brand new contracts and a backend built from scratch in Rust. We're proud of this one. - A lot of other fixes are running in parallel right now. Starting next Friday, I will be posting weekly engineering updates. I joined because I genuinely believe in what @Polymarket is trying to do. @shayne_coplan built this so the world has somewhere to go to find out what's actually going to happen, not what the media thinks, not what a pundit says, but what thousands of people are willing to put money on. But right now, our engineering isn't living up to that. We've let people down, and I'm not going to dress that up. I came here to fix it, and that's exactly what we're going to do. The next few months are going to speak for themselves. Stay with us.

if you’re asking me a question about how to improve opsec you should def check out SEAL Frameworks frameworks.securityalliance.org literally all of this was written by real people in this space, for real people on this space.

I beg everyone in crypto to read this in full. I expected this to be another case of social engineering, likely some recruiter/job offer shit. I was very wrong. And the depth of the operation and personas makes me think they already have multiple other teams on lock. 😳

People on my timeline: DeFi is dead, not worth the risk for 3~6%, fuck dem curator vaults. So, hodl?

People might accuse me of grave dancing for saying it But we have to stop letting centralized things call themselves DeFi Admin key can drain all funds? CeFi Otherwise DeFi means nothing and it’s brand is destroyed No admin key can drain any version of Uniswap for a reason

vibe, ngl

Another delta neutral stablecoin project 💀💀

@AriEiberman Still waiting for Starknet to implement OP_CAT for btc potential. Then you can take a loan on @OpusMoney.

I’m a bit embarrassed to ask this, but… Where can I take out a loan using self-custodied Bitcoin as collateral? With a low APY, obviously. And preferably no wBTC or similar wrappers 🙏

@0xngmi Part of building rapport for irl money game, pretty common

Today got an email from a company created by that ai slop company creator, asking us to list it on defillama It has a live page where you can see arbitrage trades its executing with profit But code is just generating random numbers, trades are made up All smoke and mirrors

Yeah, but one thing you don't know is that most shady Asian business uses Tron chain for off/on ramping. eg: Online gambling, underground banker, MLMs and etc.

Bring back the good times

No one likes getting charge with higher interest. No one likes getting liquidated. Higher interest based on LTV? Why not offer a dynamic interest based on collateral? Eg: BTC at 2.5% base rate, ETH at 3% Create a position where these two assets as collateral and push the interest to a more attractive rate (2.75%) @OpusMoney

Love this, anyone has a similar link for best market writings? Privacy, Zk, stablecoin. Too much noise on CT.

and @zkselfco will fix this.

@0xRory Sounds like @arbitrum marketing position, lmfao It’s like the 6181941 times I saw them posting about hiring a marketing guy

"we are hiring" who it is that exactly hiring bro? + i dmed you 7 times, cz you posted 9 times + i dmed your company account + i applied on your website + i said hello to your grandma WHO IS HIRING??

Steady lads, deploying resume.

People have underestimated the impact of 10/10. The incident caused real and lasting damage to the industry. An industry-leading company should focus on strengthening core infrastructure, building trust with global users and regulators, and protecting the long-term interests of the majority of crypto users, setting an example for others to follow. Instead, some chose to pursue short-term gains—repeatedly launching Ponzi-like schemes, amplifying a handful of “get-rich-quick” narratives, and directly or indirectly manipulating the prices of low-quality tokens, drawing millions of users into assets closely tied to them. This has become their shortcut for attracting traffic and user attention. Legitimate criticism is then drowned out—not through facts or accountability, but via aggressive narrative control and coordinated influencer campaigns. This approach does not build an industry. It erodes trust—and ultimately, everyone pays the price.