Joe Wait

652 posts

Joe Wait banner
Joe Wait

Joe Wait

@JoeWaitOfficial

DeFi Lead @EmberProtocol Research - https://t.co/dq6V63K99n

Katılım Kasım 2023
425 Takip Edilen401 Takipçiler
Sabitlenmiş Tweet
Joe Wait
Joe Wait@JoeWaitOfficial·
Schopenhauer spent two volumes proving happiness is impossible. Then he wrote a guide on how to live happily anyway. No one read the first two, but the self-help book was a hit. He also wrote, "The person who writes for fools is always sure of a large audience."
English
0
0
12
1.9K
Joe Wait retweetledi
Ember Protocol
Ember Protocol@EmberProtocol·
We are excited to announce Ember’s integration with @roycoprotocol! eEARN is now live on Royco Dawn, offering two tranches for capital with different risk and return preferences through Ember’s flagship multi-strategy stablecoin vault. Senior Tranche: dawn.royco.org/market/1/0x1ba… Junior Tranche: dawn.royco.org/market/1/0x059… For more information, please see the thread below.
Ember Protocol tweet media
Royco@roycoprotocol

eEARN is live on Royco Dawn. New market opening today, this time with @EmberProtocol. You can now deposit into Senior and Junior tranches of their multi-strategy stablecoin vault.

English
2
4
28
6K
Joe Wait
Joe Wait@JoeWaitOfficial·
@lordjorx Onchain finance, a simple but powerful vision
English
1
0
1
18
Jordi in Cryptoland
Jordi in Cryptoland@lordjorx·
Ember bets on hybrid DeFi (and so do I). I've been thinking for a while that pure onchain strategies are a shrinking category, and that what will make DeFi great again will be a mix of onchain efficiency and real-world exposure. However, there are strategies out there paying serious yields that are structurally closed to most people. But @EmberProtocol is changing that: > A good example is eY10K, their newest vault, built by @y10kcapital with strategy curation by @RockawayX. The vault is already managing $11M+ across curated private liquidity opportunities, early ecosystem liquidity, lending markets, and select RWA strategies. Feels like this is where the next phase of DeFi is heading and I’m sure Ember will be well positioned and trusted once that shift happens.
Ember Protocol@EmberProtocol

Introducing eY10K on Ember. Built by @y10kcapital, the asset management arm of @yield_network, eY10K allocates capital across curated private liquidity opportunities spanning pre-deposit campaigns, curated lending markets, early ecosystem liquidity initiatives, and select RWA strategies. Strategy curation by @RockawayX. Explore eY10K: ember.so/earn/eY10K

English
2
1
12
1.8K
Joe Wait retweetledi
Ember Protocol
Ember Protocol@EmberProtocol·
Introducing eY10K on Ember. Built by @y10kcapital, the asset management arm of @yield_network, eY10K allocates capital across curated private liquidity opportunities spanning pre-deposit campaigns, curated lending markets, early ecosystem liquidity initiatives, and select RWA strategies. Strategy curation by @RockawayX. Explore eY10K: ember.so/earn/eY10K
English
4
1
29
10.5K
Joe Wait
Joe Wait@JoeWaitOfficial·
The standard take on Loss-versus-Rebalancing (LvR) is that passive LPs lose money due to adverse selection, because arbitrageurs exploit stale AMM pricing. This new paper proves that pool fees can create a boundary zone within which these losses are cancelled out. In theory, dynamic fees like those used in @CurveFinance pools could be tuned to balance between corrective arbitrage and LP protection. Financial physics experiments in a living laboratory is what makes DeFi so interesting!
ꙮvchinnikov@ovchinnikov

Frens, I want to share with you our recent paper: github.com/curvefi/curve-… tldr: We proved, from first principles, that LvR is actually not hurting LPs. Also, we have a SDE which gives us the amount of arb activity from the volatility of the asset and AMM fee.

English
0
0
1
116
Joe Wait
Joe Wait@JoeWaitOfficial·
"A pedant whilst swimming almost choked to death. He made an oath that he would not go into the water again until he had first learned to swim well." - The Jests of Hierocles and Philagrius
English
0
0
2
70
RightSide
RightSide@Rightsideonly·
What else am I missing?
RightSide tweet media
English
7
0
31
1.4K
Jordi in Cryptoland
Jordi in Cryptoland@lordjorx·
Only 5% of DeFi protocols use formal verification. > Audits: humans reviewing code. They miss edge cases. They miss what they don't think to look for. > Formal Verification: mathematical proof that the code behaves correctly under every possible input. Not "we didn't find bugs" but "bugs cannot exist within these rules." @roycoprotocol runs @Certora 's Prover on every single commit. Most protocols secure your money with trust, and Royco does it with math.
Royco@roycoprotocol

Royco takes security seriously. DeFi needs a fundamental shift in how protocols protect their users. Security is Royco's paramount priority. Our answer: an 8-layer security system built to contain any potential attack.

English
7
9
25
3.7K
Joe Wait retweetledi
Jordi in Cryptoland
Jordi in Cryptoland@lordjorx·
Ember crossed 100M TVL in a bear market. While most protocols are bleeding, @EmberProtocol keeps growing. They've now distributed over $2.5M to their depositors. I'm still in the Polymarket vault, but I'll be honest, I think I'll migrate to their @pendle_fi PTs soon. They recently launched there, and you can lock in very good yields: > 6.73% to 8.17% fixed APY > Two-month maturity > Good liquidity on all strategies Growing TVL and paying out millions in yield while everything else is down is not easy. And I know there are many more things to come 👀
Jordi in Cryptoland tweet media
Ember Protocol@EmberProtocol

Milestone: $2,500,000+ earned by Ember Protocol users.

English
3
4
15
2K
KR1 plc
KR1 plc@KR1plc·
Infrastructure Income & Holdings (March '26) Total monthly income: £82,606 NAV: £37,688,713 Position (holdings, % of NAV): * ethereum:0xae7ab96520de3a18e5e111b5eaab095312d7fe84 (6,071, 25.58%) * @nexusmutual (110,909, 11.60%) * ethereum:0x8d010bf9c26881788b4e6bf5fd1bdc358c8f90b8 (4,257,777, 8.20%) * @ZeePrimeCap II (5,800, 10.68%) * ethereum:0x5a98fcbea516cf06857215779fd812ca3bef1b32 (11,749,998, 7.75%) * @redstone_defi (25,454,545, 5.29%) * cosmos:native (1,459,766, 4.98%) * celestia:native (7,000,015, 4.14%) * @BitwayOfficial (100,000,000, 4.04%) * bitcoin:native (21, 2.87%)
English
2
2
13
2.2K
Trading Strategy
Trading Strategy@TradingProtocol·
We have added US Treasure Note benchmark lines to vault charts. This shows how much any particular DeFi vault performs relative to the so-called "risk-free" rate. Here is @EmberProtocol Earn vault on Ethereum. Ember is also one of the first vault protocols to have its vaults deployed on @SuiNetwork. For the more volatile native perp dex vaults, like those on Hyperliquid, we use BTC and ETH as benchmarks. tradingstrategy.ai/trading-view/v…
Trading Strategy tweet media
English
3
4
10
1.2K
Joe Wait
Joe Wait@JoeWaitOfficial·
eEARN from @EmberProtocol continues to outperform
Trading Strategy@TradingProtocol

We have added US Treasure Note benchmark lines to vault charts. This shows how much any particular DeFi vault performs relative to the so-called "risk-free" rate. Here is @EmberProtocol Earn vault on Ethereum. Ember is also one of the first vault protocols to have its vaults deployed on @SuiNetwork. For the more volatile native perp dex vaults, like those on Hyperliquid, we use BTC and ETH as benchmarks. tradingstrategy.ai/trading-view/v…

English
1
0
1
85
Joe Wait retweetledi
Ember Protocol
Ember Protocol@EmberProtocol·
Milestone: $2,500,000+ earned by Ember Protocol users.
English
6
7
31
9.3K
Guilherme José
Guilherme José@guilherme94jose·
“What hurts you, blesses you. Darkness is your candle.” - Jalal ad-Din Muhammad ar-Rumi
English
11
684
4.4K
112K
Joel John
Joel John@joeljohn·
@sidshekhar24 This is why half of crypto apps are insufferable and tasteless fwiw
English
1
0
3
91
Sid Shekhar
Sid Shekhar@sidshekhar24·
people wired for single threaded focus are wierdly going to struggle in the agent era. when you have multiple agents running, the job looks like: - review this - steer that - merge this - kill that - spin up another all while keeping on top of what your agents are actually doing. less deep focus, more orchestration
Sid Shekhar tweet media
English
3
0
11
639
Joe Wait
Joe Wait@JoeWaitOfficial·
@newmichwill Can implies should, should implies responsibility, responsibility entails accountability.
English
1
0
18
495
Michael Egorov
Michael Egorov@newmichwill·
Mhm. Right thing to do if they CAN. But also many will probably re-evaluate whether using Arbitrum is safe after this. Also IF they CAN freeze anyone - hard to argue that some TradFi regulations are not applicable to the chain itself. It is not neutral infrastructure
Arbitrum@arbitrum

The Arbitrum Security Council has taken emergency action to freeze the 30,766 ETH being held in the address on Arbitrum One that is connected to the KelpDAO exploit. The Security Council acted with input from law enforcement as to the exploiter’s identity, and, at all times, weighed its commitment to the security and integrity of the Arbitrum community without impacting any Arbitrum users or applications. After significant technical diligence and deliberation, the Security Council identified and executed a technical approach to move funds to safety without affecting any other chain state or Arbitrum users. As of April 20 11:26pm ET the funds have been successfully transferred to an intermediary frozen wallet. They are no longer accessible to the address that originally held the funds, and can only be moved by further action by Arbitrum governance, which will be coordinated with relevant parties.

English
42
16
296
23.5K
Tim.0x 🦇♟️
Tim.0x 🦇♟️@whoisetimfon·
We’re not paying attention to what this data says: In an average financial world, when money is in rotation, it leaves volatile assets and bounce back to gold (stable asset) for stability as we have seen in times of war/inflation then rotates back when market atmosphere is clear. But our industry is a circus because fundamentally, the price of BTC should show an uptrend simply because BTC is the Gold for our industry and the most trusted asset to buffer against unprecedented events such as hacks but that’s not the case. While we think and we’re just focused on only the effect of the hack. In the unavailability of a price movement in Bitcoin by any margin, it raises the question of how many individuals are truly participating in DeFi? I’ll prefer to reference this article written by @JoeWaitOfficial as it covers AAVE since AAVE is a top lending and borrowing platform: > Most users of AAVE fall in the category of $10 -$100k in all time borrows but average borrow of this bucket is lower compared to >$10M bucket in lifetime borrows and average borrow respectively. If this wasn’t the case, then I believe that there should have been greater rotation into Bitcoin. Also, this implies that we have more of retail in our industry than crypto native.
Tim.0x 🦇♟️ tweet mediaTim.0x 🦇♟️ tweet media
wale.moca 🐳@waleswoosh

Money is leaving DeFi at an unprecedented scale

English
1
0
4
296

Keşfet

@roycoprotocol @lordjorx @EmberProtocol @y10kcapital @RockawayX @yield_network @CurveFinance @Rightsideonly