Gaurav Patel

542 posts

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Gaurav Patel

Gaurav Patel

@GauravMPatel

Chief Tinkerer @TinkeringSoc. Bringing fixed-rates to DeFi at @Rheo_xyz

Katılım Mayıs 2011
8 Takip Edilen193 Takipçiler
Gaurav Patel
Gaurav Patel@GauravMPatel·
Twitter can either optimize for truth or lean into the hyper-monetization slopfest. It cannot serve two masters.
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Gaurav Patel
Gaurav Patel@GauravMPatel·
The problem with eating TACOs all the time is the chicken. Eventually your enemies start to smell weakness.
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Gaurav Patel
Gaurav Patel@GauravMPatel·
People frustrated at Bondi's lack of transparency wrt the Epstein operation and prosecution of Deep State actors are making a grave mistake at renewing hope that the next guy will be better. Until proven otherwise, Bondi (and Patel, Bongino, etc) are doing the bidding of Trump, not acting at odds with him.
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Gaurav Patel
Gaurav Patel@GauravMPatel·
WWI was set off by a seemingly trivial event: the assassination of Franz Ferdinand. Nobody in the immediate aftermath thought it would spark a World War involving over 30 nations and 20 million dead. The interaction between nation-states is like any other complex adaptive system: it's not easy to predict emergent effects. The same could be true with the current Iran conflict: an attempt at a clean decapitation of the ruling regime that has failed and appears to be spiraling out of control. Hopefully it gets resolved quickly, but the worst case scenario isn't just a prolonged conflict, but rather, systemic "contagion" of an unpredictable character across nation-states resulting in WWIII.
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Gaurav Patel
Gaurav Patel@GauravMPatel·
Pump.fun's most underrated affect on crypto was shattering the mystique of the token.
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Gaurav Patel
Gaurav Patel@GauravMPatel·
AGI is here. I recently had Claude modify the code of something for personal use that I had previously created with Upwork consultants. If I had used Upwork for these modifications, it would have cost $2K-$5K and taken 2-3 weeks of time. I even asked Claude to hypothesize various interesting pure mathematical observations resulting from the code, and it was like talking to a math professor. It's clearly smarter than me. And everyone I know. Across almost every topic I could possibly ask about. There are times when it seems to make unique hypotheses by synthesizing disparate observations in academic literature. People keep saying "AGI in 2027" or "AGI in 2028" but from my perspective, it's already here.
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Gaurav Patel
Gaurav Patel@GauravMPatel·
Vibe-coded apps are the new spreadsheets.
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Gaurav Patel
Gaurav Patel@GauravMPatel·
Nice article by @nic_carter on prediction markets. Some random thoughts: 1) I originally went long Ethereum soon after ICO precisely because prediction markets could be built on top of Ethereum but not Bitcoin—which turned out to be a nice investment. I had seen how governments had shut down (or put enough soft pressure to create a hostile environment) prior attempts at real world prediction markets that a decentralized ledger basically called out for them as a primary use case. 2) I find the sports betting use case distasteful. It's a zero sum game with probably net societal harm. 3) The whole point of prediction markets' best case outcome is unearthing inside information, very much in contrast to the spirit of public markets. But this is where prediction markets actually provide a pro-social outcome. The inside information bettor profits from his information and society benefits from finding out truths about the future. 4) Eventually, regulators will come down hard on Polymarket / Kalshi. There was a time, not long ago, when crypto was about decentralization and censorship resistance. Prediction markets will need to embrace those values once again in order to survive. 5) Hedging and insurance, as Nic states, are poor use cases for prediction markets. 6) Yes, sharp traders need dumb money to win ("If you don't know who the mark is at the table, you're the mark"), but one lesson I've learned in life is that you simply cannot get rid of dumb money in markets. There is an endless supply.
nic carter@nic_carter

x.com/i/article/2025…

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Gaurav Patel
Gaurav Patel@GauravMPatel·
One of the best developers I’ve ever worked with:
Antonio Viggiano@aviggiano

Today is my last day at Rheo. It’s been a wonderful journey, which began as a solo review and evolved into building a one of the highest quality protocols in DeFi. This shows that even small teams can do great things. I wanted to leave a record of what we built over the years, and thank our teammates and partners who contributed along the way. - invariant-driven development with global properties and accounting system laid out before a single line of Solidity was written - continuous testing with a robust 12-step CI process that includes all imaginable types of automated testing - 3x test-to-code ratio and 95–100% coverage (before AI was a thing!) - static analysis, unit tests, integration tests, fork tests, stateless fuzzing, invariant tests, formal verification - smoke tests for upgrades & governance proposals, with post-execution checks against on-chain state - auditable governance proposals through foundry scripts powered by safe-utils and tenderly-utils - accompanied more than 10 audits with multiple partners, ranging from solo reviewers and small teams to top-tier companies - aligned with external auditors on scope and focus areas, independently confirming and deep-diving into bugs throughout the reviews - hosted one of the audit contests with the highest participation rate ever (no conditional pot!) - triaging, review, and response for the (fortunately minor!) submissions received through the bug bounty program - monitoring, alerts, and automated incident response - implemented opsec and security frameworks - admin dashboards with several ops, business, and security metrics - standardized changelog and versioning for new releases - thorough documentation and protocol specs I’m proud of the systems we built and the standards we established. All our work is open source so you can check it out. Grateful for the team and excited to see the protocol continue to evolve! Looking forward to sharing my next steps in a future update.

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Gaurav Patel
Gaurav Patel@GauravMPatel·
@0xngmi We talked about this on a prior Crypto Yield Curve podcast episode. Summary: low margins + intense competition = economies of scale business. Some entity or maybe two will win big, but power laws will apply. twitter.com/i/status/19853…
Rheo (prev. Size Credit)@rheo_xyz

NEW Crypto Yield Curve episode! 🎙️ The Business of Curation Curators are a white-hot topic this cycle - but are they a viable business? The Size team unpacks razor-thin margins, shifting incentives, and how the model could evolve to win TVL. Watch now (~19 mins)

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0xngmi
0xngmi@0xngmi·
got asked why don't more big tradfi players become lending curators since they could dominate in a very reputation-focused market like curation imo its because over the last year revenues across all curators were only 13.3m, and if you mess up losses are in the billions
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