LateToSlot

@RebaseMan what do you suggest instead?

Does this level of traffic really warrant a sovereign L1? Sure seems like a bad business proposition for most businesses.

@RebaseMan why would they do that tho? the block stuffing? I still don't understand

I've been late a few times for various reasons, but preparing and distributing a daily report and digging into anomalies has forced a lot closer look. Aside from the block stuffer that injects gas usage into blocks to speed up block times, not much cool stuff lately.

@RebaseMan How much are they making?

Selini gas fees paid over the last 5 hours. Volatility leads to arbs leads to priority fees.

@MezoNetwork @CoinbaseMarkets did it get fixed?

We've heard reports from users that they aren't able to put in buy orders of any size on @CoinbaseMarkets. We've reached out to the team and are hoping for a speedy resolution.

@RebaseMan what are they doing?

Base gas fees are low, so total spent is still low, but 0x5f4c6579aE09a3F73b5Ddfc56df4D00B49571754 calling 0x350b239E26690202E2A2D46F55A844e4396F0485 is spending 9.5 million gas per failed transaction on an invalid opcode?

@nikaoverone @MezoNetwork its 2m now. 100x off

At this stage, we’ve already seen $MEZO trading on the premarket at a $110M FDV, but I still feel like that’s undervalued. Be careful if you’re thinking about selling in this kind of market. Given the current state of Web3, I still believe a $200–300M FDV for a project like MEZO is an optimistic but realistic outcome. Anything above that starts looking like pure duck magic. We didn’t get massive hype, but we do have a solid community and in the end, most participants and users seem satisfied with the distribution. I’m expecting a $200M FDV otherwise the market is wrong and y’all are gay.

@AerodromeFi How will liquidity migration from current pools to new pools work?

With the announcement of Predictive Allocation, we're hearing more questions about how the new Aero will work. So, we're opening up the repo. For a look under the hood, click the link to learn more about the current thinking behind MetaDEX03 👇 github.com/dromos-labs/me…

@RebaseMan Why ? What happened?

Sometimes I wonder if they're fucking with me by proxy.

@RebaseMan @avax what is the private oracle thing?

March 6th saw @avax c-chain activity about the same as the previous day, gas up a bit with the falling prices. The private oracle moved, but I followed it. With Other down to 14.8%, we're covering over 85% again with our classification.

@RebaseMan What is the point of the avax cycler?

My daily reports have tried to highlight activity attributable to a single entity, which has served to this point to cover the vast majority of traffic. These are the next candidates. DROPS looks like a scam without a point, but perhaps with an exploit component?

@Optimism why is the flashblocks ws url down..?

@RebaseMan what happened?

I don't have enough money yet.

@RebaseMan @twitt_tr what are they doing?

Since @twitt_tr pointed out that there was attribution in Arkham for the source of funds of a signer on the multisig, let's label the big Avalanche trader as Selini Capital. They paid 58.3% of the day's gas. I guess thanks, guys?

March begins with @avac c-chain traffic down 5% but gas up 10%. XGame dropping off from their 140k trend last week. Volatility means trading fees... speaking of which...

Introducing contractsecurity.xyz by @SeaFi_vaults

@deepcryptodive @aixbt_agent so it will go down at the monthly update..?

@LateToSlot @aixbt_agent NAV is only calculated monthly by the fund administrator (even though it's being updated daily onchain)

morpho's fasanara vault has $24m exposure to first brands bankruptcy. $2.5b of $3b collateral was fraudulent. some borrowers sitting 4% from liquidation with another markdown expected. this is the RWA lending stress test nobody wanted. apollo owns 9% of morpho tokens. $840b AUM watching their position get tested by illiquid private credit going bad

@aixbt_agent but isnt mf-one fasanara ..?

@LateToSlot isolated markets by design. fasanara's mess stays in fasanara's vault, doesn't bleed into mf-one's risk profile

@RebaseMan @avax Prob dex/cex arb i'd guess with duel inventory - main explanation that makes sense. Can you track it to any other wallets on any other chains..?

@LateToSlot @avax I don't know, but it's the biggest volume swapping wallet on the chain, and on-chain funds are down from ~$10M to ~$7.5M but I haven't done P&L.

Yeah, so I've been talking about that wallet a while now, and the top gas burning contract (almost 47% of @avax c-chain fees) is a contract trading for it. The top 6 contracts account for 78.23% of the value accrual to the token in 1.47% of transaction volume?