Asaf Shachaf

You can now trade directly inside @telegram No downloads No wallet extensions No browser tabs @CarbonDeFixyz is live on the @ton_blockchain as a Mini App This is what DeFi should feel like 👇 youtu.be/8k8y-taRxAc

@cz_binance $BNB

What's next here? alts? 😂

@TBariach @be4oit good luck

A moment of celebration 🎉 Today we launch Textile. The entrepreneurial journey is a lonely roller coaster, which is why moments of celebration must be fully embraced. Grateful to share it with @be4oit. Textile is live.

@VitalikButerin once it’s complicated enough, it might as well be called government

We need more DAOs - but different and better DAOs. The original drive to build Ethereum was heavily inspired by decentralized autonomous organizations: systems of code and rules that lived on decentralized networks that could manage resources and direct activity, more efficiently and more robustly than traditional governments and corporations could. Since then, the concept of DAOs has migrated to essentially referring to a treasury controlled by token holder voting - a design which "works", hence why it got copied so much, but a design which is inefficient, vulnerable to capture, and fails utterly at the goal of mitigating the weaknesses of human politics. As a result, many have become cynical about DAOs. But we need DAOs. * We need DAOs to create better oracles. Today, decentralized stablecoins, prediction markets, and other basic building blocks of defi are built on oracle designs that we are not satisfied with. If the oracle is token based, whales can manipulate the answer on a subjective issue and it becomes difficult to counteract them. Fundamentally, a token-based oracle cannot have a cost of attack higher than its market cap, which in turn means it cannot secure assets without extracting rent higher than the discount rate. And if the oracle uses human curation, then it's not very decentralized. The problem here is not greed. The problem is that we have bad oracle designs, we need better ones, and bootstrapping them is not just a technical problem but also a social problem. * We need DAOs for onchain dispute resolution, a necessary component of many types of more advanced smart contract use cases (eg. insurance). This is the same type of problem as price oracles, but even more subjective, and so even harder to get right. * We need DAOs to maintain lists. This includes: lists of applications known to be secure or not scams, lists of canonical interfaces, lists of token contract addresses, and much more. * We need DAOs to get projects off the ground quickly. If you have a group of people, who all want something done and are willing to contribute some funds (perhaps in exchange for benefits), then how do you manage this, especially if the task is too short-duration for legal entities to be worth it? * We need DAOs to do long-term project maintenance. If the original team of a project disappears, how can a community keep going, and how can new people coming in get the funding they need? One framework that I use to analyze this is "convex vs concave" from vitalik.eth.limo/general/2020/1… . If the DAO is solving a concave problem, then it is in an environment where, if faced with two possible courses of action, a compromise is better than a coin flip. Hence, you want systems that maximize robustness by averaging (or rather, medianing) in input from many sources, and protect against capture and financial attacks. If the DAO is solving a convex problem, then you want the ability to make decisive choices and follow through on them. In this case, leaders can be good, and the job of the decentralized process should be to keep the leaders in check. For all of this to work, we need to solve two problems: privacy, and decision fatigue. Without privacy, governance becomes a social game (see vitalik.eth.limo/general/2025/0… ). And if people have to make decisions every week, for the first month you see excited participation, but over time willingness to participate, and even to stay informed, declines. I see modern technology as opening the door to a renaissance here. Specifically: * ZK (and in some cases MPC/FHE, though these should be used only when ZK along cannot solve the problem) for privacy * AI to solve decision fatigue * Consensus-finding communication tools (like pol.is, but going further) AI must be used carefully: we must *not* put full-size deepseek (or worse, GPT 5.2) in charge of a DAO and call it a day. Rather, AI must be put in thoughtfully, as something that scales and enhances human intention and judgement, rather than replacing it. This could be done at DAO level (eg. see how deepfunding.org works), or at individual level (user-controlled local LLMs that vote on their behalf). It is important to think about the "DAO stack" as also including the communication layer, hence the need for forums and platforms specially designed for the purpose. A multisig plus well-designed consensus-finding tools can easily beat idealized collusion-resistant quadratic funding plus crypto twitter. But in all cases, we need new designs. Projects that need new oracles and want to build their own should see that as 50% of their job, not 10%. Projects working on new governance designs should build with ZK and AI in mind, and they should treat the communication layer as 50% of their job, not 10%. This is how we can ensure the decentralization and robustness of the Ethereum base layer also applies to the world that gets built on top.

@deacix @k06a @Uniswap @CurveFinance @Balancer @PancakeSwap @SushiSwap Few

My co-founder @k06a these days at Devconnect 🙈 #DeFi #Web3

@ethereumintern_ The main benefit of such move is to cut costs by affiliation. Security? No need as it is using ethereum consensus now. Decentralized? Who cares, let’s run on a single server.

The L2 thesis remains undefeated. Every chain that went from L2 to L1 was a failure. Every chain that went from L1 to L2 gained liquidity, composability with Ethereum, Ethereum backed censorship resistance and glory.

@TBariach @Bancor @Textileprotocol @EFDevcon “Ops I did it again” Homage for all the degens that got hacked

@Bancor @Textileprotocol @EFDevcon I heard @AsafShachaf is performing Toxic

Bancor contributors will be joining @Textileprotocol at Sing-Off @EFDevcon for a new kind of collaboration — this time to the music 🎶 🎤 Karaoke & DeFi 📍 La Uat, Buenos Aires 🗓️ Nov 17 | 8:30PM

@EthereumDenver nothing like outdoor open flow location in mid february

In 2026, ETHDenver gets an upgrade. A venue with natural light, open flow, and intimate corners for the next big idea. The Rise of New BUIDL City is near... and there's somETHing for everyone 🏙️

everything in crypto space is novel for some reason. even if it is the dumbest idea with obvious ponzinomics.

@EvgenyGaevoy Transparency off-chain = trustless on-chain don’t you think?

My general view is (centralized) exchanges are best positioned to drive transparency on token listings and related MM operations (loan terms, quoting performance, general disclosures). Would be great to see this as trend and not a one off

@deacix water is the essence of wetness

7 days until we unveil something game-changing at Devconnect 💧 The countdown is on.

@coinbase have you created your trading strategy on carbon defi yet?

Morning.

@NamikMuduroglu wild start

Any megaETH sale participant who locked their tokens for a year is required to (i) acquire the tokens for their own account without any resale or transfer intention, and (ii) refrain from any transfer, resale, or hedging transaction that would violate applicable laws. Anybody who goes into twitter and openly discusses plans to OTC and hedge their positions will receive a refund and zero allocation. the sale was 28x oversubscribed. it makes no sense to allocate tokens to someone who wants to sell them before they even receive them. it is better for megaeth and other mega holders if we allocate these tokens to people that are bullish on mega and are at least willing to hold through the lock period that they themselves requested On a separate note, I don’t think @icobeast is an evil person and the reaction is overblown. Not a great streak of tweets though ngl.

@danielesesta Isn’t ponzinomics eventually a word to describe a financial system that would work 90% of the time?

Adding a DeFi sort of ponzinomics layer to $ANON to make things interesting. A whole new app on top. Made with love. Stay tuned.

@VitalikButerin @BigSky_7 Exactly the reason for @CarbonDeFixyz to emerge. Bonding curve AMM solutions has reached its limitations

@BigSky_7 Just because something is the "logical next step" in some progression that someone invented doesn't mean that it's a good idea to accelerate instantiating it. That's literally the inevitabilism I argue against.

@DegenOnBase_ did you know that you can create your token trading strategy on chain using @CarbonDeFixyz. buy the token at launch, scale out when the price hit your mark, rotate between highs and lows.

Bullish!

@StaniKulechov Oh boy

Gauntlet has paused withdrawals on Compound, and the deUSD depeg now means users can’t withdraw their capital in case of bad debt exposure. This is what they call "locked in".

@wintermute_t i recall a saying by @EvgenyGaevoy about this right after the last cycle in west palm beach

Liquidity drives crypto cycles, and now, the money has stopped flowing in Stablecoins, ETFs, and DATs have grown from $180B to $560B since early 2024, but momentum has slowed Capital is rotating internally, not entering fresh → rallies die fast and breadth keeps narrowing

@ethereumJoseph @Bancor has created a vortex contract which allows you to collect fees and consolidate them via automated auction into your preferred token. pretty cool implementation for fee handling overall

🔥🔥

not all AMM are built the same.