Fly you Fools retweetledi
Fly you Fools
473 posts
Fly you Fools
@Fly_you_fools
Ghostwriter | Tech Storyteller Whitepapers explain, narratives stick. https://t.co/itm8OtqvIK “Who Is Not a Fool?" (Qui non stultus?) - Horace, 65-8 B.C.
Nomadic / Worldwide Katılım Mart 2023
1K Takip Edilen1.9K Takipçiler
Fly you Fools retweetledi
a bot on moltbook.com just created a bug-tracking community so other bots can report bugs they find on the platform
they're literally QAing their own social network now
we didn't ask them to do this 🦞
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Fly you Fools retweetledi
I think a lot of people misunderstand what the term decentralized social actually means in crypto.
It does not mean to simply replicate platforms like X or Facebook and run them on the blockchain.
This is the same as believing email and messengers were only a slight improvement on postal mail.
What decentralized social actually means is a complete redefinition of how our internet accounts work and communities can act, work, govern, own, and interact.
Under this new paradigm people can form living communities, companies, movements and collectives. Groups that span the globe that are fluid. Those cannot only communicate, but also hold and transact value!
As the author of the ERC 20 token standard, which kicked off ICOs and DeFi, I would love for our industry to move beyond tokens already, but even in this new paradigm tokenization will play a major role in its first iteration.
But☝️ not tokenization how we have seen it in the past! It will be tokens that function as a connective tissue (a term we used in the LUKSO white paper from 2019).
Those will not be tokens that you buy or sell. Those will be tokens that you own, earn, collect, and sweat for. Tokens that will hold your status and your reputation, your access and your enable your participation.
The only thing more valuable than money is the things you cannot buy 💸
This will form a whole new industry of protocols that I call Decentralized Reputation Systems - or dRep for short.
The possibilities that we saw in DeFi will equally apply to reputational assets, with the difference that those will not be translated into monetary value necessarily.
They will be translated into visibility and a collective shared understanding of our collective tissues.
This will involve systems like:
- reputation batching
- grouping
- and translations into simple number systems, like currency like tokens
All with the proof that they are based on the actual initially foundational reputation that was earned or collected over time.
Those tokens will be marked by non-transferability, revocability, and self-issuability.
The account system needs to be profile-centric, fully user-owned, and highly generic.
With such a decentralized account system and these new forms of tokenization, we can create the infrastructure for a new internet and a new society at large.
@lukso_io is leading this effort and the Universal Profile aka @ERC725Account can become that account system that is needed to make this possible.
vitalik.eth@VitalikButerin
In 2026, I plan to be fully back to decentralized social. If we want a better society, we need better mass communication tools. We need mass communication tools that surface the best information and arguments and help people find points of agreement. We need mass communication tools that serve the user's long-term interest, not maximize short-term engagement. There is no simple trick that solves these problems. But there is one important place to start: more competition. Decentralization is the way to enable that: a shared data layer, with anyone being able to build their own client on top. In fact, since the start of the year I've been back to decentralized social already. Every post I've made this year, or read this year, I made or read with firefly.social, a multi-client that covers reading and posting to X, Lens, Farcaster and Bluesky (though bluesky has a 300 char limit, so they don't get to see my beautiful long rants). But crypto social projects has often gone the wrong way. Too often, we in crypto think that if you insert a speculative coin into something, that counts as "innovating", and moves the world forward. Mixing money and social is not inherently wrong: Substack shows that it's possible to create an economy that supports very high-quality content. But Substack is about _subscribing to creators_, not _creating price bubbles around them_. Over the past decade, we have seen many many attempts at incentivizing creators by creating price bubbles around them, and all fail by (i) rewarding not content quality, but pre-existing social capital, and (ii) the tokens all going to zero after one or two years anyway. Too many people make galaxy-brained arguments that creating new markets and new assets is automatically good because it "elicits information", when the rest of their product development actions clearly betray that they're not actually interested in maximizing people's ability to benefit from that information. That is not Hayekian info-utopia, that is corposlop. Hence, decentralized social should be run by people who deeply believe in the "social" part, and are motivated first and foremost by solving the problems of social. The Aave team has done a great job stewarding Lens up to this point. I'm excited about what will happen to Lens over the next year, because I think the new team coming in are people who actually are interested in the "social": even back when the decentralized social space barely existed, they were trying to figure out how to do encrypted tweets. I plan to post more there this year. I encourage everyone to spend more time in Lens, Farcaster and the broader decentralized social world this year. We need to move beyond everyone constantly tweeting inside a single global info warzone, and into a reopened frontier, where new and better forms of interaction become possible.
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Fly you Fools retweetledi
Announcing our newest chapter: Little Unusual Germany.
The Network State is expanding. Node 02 is officially online.
Berlin is raw truth. A city where culture is built in basements, studios, and long nights with serious intent.
This is where we belong.
Guten Morgen. 🇩🇪
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Thank you for staying in Buenos Aires so you could congratulate me in person for my birthday @Fly_you_fools
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Fly you Fools retweetledi
liquidate saylor
liquidate saylor
liquidate saylor
GIF
Peter Brandt@PeterLBrandt
My own personal opinion The U.S. govt should engineer a sharp price decline, forcing Saylor into liquidation Then the U.S. govt can stock up on BTC to back up the $USD as a reserve currency I think driving price to $30k would do the trick
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Fly you Fools retweetledi
if you aren't being kicked out of places regularly,
you aren't trying hard enough to get into places.
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@Annon2Zero @protocol_fx Interesting, why do you think $fxUSD proved so resilient during the recent stablecoin depegs?
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@Fly_you_fools @protocol_fx The same risk as using any other audited DeFi protocol. FX protocol takes has all their code audited by multiple companies, so I trust it as any other major protocol.
In terms of depeg, the whole v2 protocol revolves around protecting the peg, so it's really unlikely.
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Just use @protocol_fx
f(x) Protocol@protocol_fx
While $USDC / $USDT borrow rates on Aave are spiking above 7.7% APY, you can mint $fxUSD at 0% interest using fxMINT. And if you’d like to leverage or loop via @eulerfinance, borrowing $fxUSD there costs only ~5.7% APY. Get fxUSD 👇 fx.aladdin.club/v2/fxmint
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@Frankybubby @protocol_fx @eulerfinance Thanks for the context. How are the activation mechanisms agreed upon? Is the dao voting on these changes, or is it programmatic?
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@bigwizud Cool... did you prepare the strategy ahead of time or improvise on the fly?
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Markets are bleeding again. But this time, I didn’t sell my BTC. I minted fxUSD instead.
Let me break it down.
Most people panic when prices drop.
They sell their BTC for cash.
Or worse—borrow against it and get liquidated when volatility hits.
That’s what happened in 2022.
Forced selling. Margin calls. Sleepless nights.
People lost their bags and their minds.
But fxMINT changes the game.
🔹 You stay long BTC.
🔹 You mint fxUSD at 0% interest.
🔹 You pay a one-time fee. No monthly payments.
🔹 You get liquidation protection. No forced selling.
It’s like borrowing stablecoins without the usual DeFi anxiety.
Your BTC stays yours. Even if the market dips.
No stress. No drama. Just liquidity when you need it.
So while others are scrambling, I’m calm.
Because fxMINT lets me unlock value without giving up conviction.
This isn’t just another protocol.
It’s a smarter way to hold BTC in volatile times.
👉 fx.aladdin.club/v2/fxmint
@protocol_fx
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@DocMuscle_ @protocol_fx what do you think are the main challenges for wider adoption of fxUSD?
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Exotic, longtail looping "stable" coins got way too popular with the stablecoin narrative taking off, and this is partially what led to the unwinding we've seen over the last week or so.
Study @Protocol_fx's $fxUSD where the yield comes from the opening & closing of trade positions, the minting & redemptions of fxUSD, asset management strats (depositing collateral into Aave), and arbitrage/rebalance income from the Stability Pool.
REAL. YIELD.
If you don't know where the yield from your favorite stablecoin comes from, it probably comes from you.
GIF
f(x) Protocol@protocol_fx
Transparent, Decentralized and Pegged: $fxUSD
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.@protocol_fx does two things extremely well:
- fxUSD — a clean, overcollateralized stable backed by ETH & BTC
- x/sPositions — algorithmic leverage positions balanced by math, not managers.
All on-chain
Fully transparent
DAO governed
No hidden vaults. No off-chain games. No EOA nonsense.
Lots more covered here in this article by The Tradfi Degen. If you love DeFi, you should read this:
The Tradfi Degen@TheTradfiDegen
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Fly you Fools retweetledi
@unusual_whales They want to privatize profits and socialize losses. Typical.
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Fly you Fools retweetledi
