JustJousting

Ever wondered how @CurveFinance's fee architecture works? I built an interactive map that visualizes the full flow, with live on-chain and api data. Check it out here: docs.curve.finance/fee-architectu…

@RupeeRekt Yea that’s already handled in the logic

@OnlyJousting That was quick

Hey, @OnlyJousting. I think it's time to change vlCVX discount to intrinsic value to vlCVX premium to intrinsic value. $CVX 🤝🏽 $CRV

@0xTommyGenesis Yea

A protocol that is less than a year old, that has brought in more revenue than it's current market cap. Of that, it has already delivered 89.5% of its current market cap directly to token stakers. You buying?

@coinmpotas @0xC_Lever @StakeDAOHQ @ConvexFinance 🫡

Congrats to @OnlyJousting for the win. He is one of the best in our trenches. That said, if we take the mathematical logic of the tool and apply it to @0xC_Lever , and @StakeDAOHQ .........@ConvexFinance is far behind. Don't shoot the messenger.

@banteg I'll buy it for the form factor and convenience. I have a vast steam library slurped up on sales that I never played and cba putting together an itx box myself

trying to understand the audience for steam machine. for people who prefer pc this would probably be a downgrade. for others, it would probably cost more than any console. and people who need a mini home server probably already have one.

Curve on… @unichain Why? Because it’s the best AMM for LSTs!

If anyone has ever wondered how Curve's Cryptoswap pools work Here's the WETH-CVX pool rebalancing its Center of Liquidity automatically around the MA price (internal price oracle) for 2 days The pool automatically moves its center of liquidity if it costs less than 50% of the generated fees It's a fully passive LP solution with concentrated liquidity, very underrated imo

@saint_rat nerd porn right there 💆‍♂️

@pavitarsaini 👀

Introducing Tether: agent-agnostic visual editor for your localhost projects. Visually select components and ask for changes without leaving your browser – using the tools and services you already pay for. DM for early access. Available for Cursor, Claude Code, and more coming soon.

Wen

the power of donations is live! imagine a concentrated liquidity amm that did not require an external agent to do manual rebalancing but instead it did the rebalancing on its own. this is the basis of cryptoswap, which is markedly different from other approaches. cryptoswap has seen many iterations, the first one being the og 'Guess what?' tricrypto2 amm. i worked on the next gen and that brought about some improvements but these two amms had one flaw: to rebalance liquidity, the amm needed to make profit. so if it didnt make profits, it couldnt rebalance! chicken and egg + cold start problem. happy to say this: even the version i worked on is now totally old. the new version does of course rebalance using profits but also accepts 'external donations'. this donation reserve is used to top up the pool's rebalancing logic and get rid of this chicken and egg + cold start problem. prominent asset issuers are investigating how to use this simple algorithm (for fx and other pairs) because it allows them to build deep liquidity and sidestep market-making deals: deploy liquidity into donation cryptoswap amm, set aside some liquidity for rebalances and then let the positive feedback loop do the rest: more donations > better rebalances > better volumes > more fees > better reblances > ... and you can slap in a few donations here and there to juice it up.

@0xCha0s 🫡

How many of the OG llamas 🦙 ( $crv $cvx ) supporters are still alive and active on CT?

"I'd rather have an iPhone than a landline." Epic mic drop moment from @AK_EtherMachine

🔥UPDATE: Savings $crvUSD APY has increased from 7.4% to 9% as weekly distributions to scrvUSD hit a new record high this week: Demand for crvUSD is expected to increase dramatically due to the strong performance of $CRV which is pushing yields up across all @CurveFinance pools, especially crvUSD pools. The CRV pump is already starting to push up crvUSD mcap: August outlook: If CRV starts rallying towards $2 into end of July, early August, crvUSD mcap + daily volume could see significant increases from borrowers, LPs looking for competitive yields in the Curve ecosystem. #DeFi 🌑🌘🌗🌖🌝

I don't understand but I vibe steak 🤷‍♂️

Yes. A few miscellaneous thoughts. (1) First, the new bottleneck on AI is prompting and verifying. Since AI does tasks middle-to-middle, not end-to-end. So business spend migrates towards the edges of prompting and verifying, even as AI speeds up the middle. (2) Second, AI really means amplified intelligence, not agentic intelligence. The smarter you are, the smarter the AI is. Better writers are better prompters. (3) Third, AI doesn’t really take your job, it allows you to do any job. Because it allows you to be a passable UX designer, a decent SFX animator, and so on. But it doesn’t necessarily mean you can do that job *well*, as a specialist is often needed for polish. (4) Fourth, AI doesn’t take your job, it takes the job of the previous AI. For example: Midjourney took Stable Diffusion’s job. GPT-4 took GPT-3’s job. Once you have a slot in your workflow for AI image gen, AI code gen, or the like, you just allocate that spend to the latest model. (5) Fifth, killer AI is already here — and it’s called drones. And every country is pursuing it. So it’s not the image generators and chatbots one needs to worry about. (6) Sixth, decentralized AI is already here and it’s essentially polytheistic AI (many strong models) rather than monotheistic AI (a single all-powerful model). That means balance of power between human/AI fusions rather than a single dominant AI that will turn us all into paperclips/pillars of salt. (7) Seventh, AI is probabilistic while crypto is deterministic. So crypto can constrain AI. For example, AI can break captchas, but it can’t fake onchain balances. And it can solve some equations, but not cryptographic equations. Thus, crypto is roughly what AI can’t do. (8) Eighth, I think AI on the whole right now is having a decentralizing effect, because there is so much more a small team can do with the right tooling, and because so many high quality open source models are coming. All this could change if self-prompting, self-verifying, and self-replicating AI in the physical world really gets going. But there are open research questions between here and there.

@Hawth__ @optimizoor @lex_node full size layout only is quite limiting

@optimizoor @lex_node @OnlyJousting this is your moment

Nothing destroys productivity more than your keyboard suddenly dying, and now you’ve to research your next mechanical keyboard. I want the lightest tactile switches for my weak fingers. Onboard memory. White LEDs, doubleshots. Full size layout only.

@WenLlama she's a looker!

Hey it’s me again Just refreshing the website Appreciating the art

Savings rates are increasing. No votes needed - just market doing its thing curve.finance/crvusd/ethereu…

@0xngmi defillama is signal

in the last 2 months at defillama we've had lots of tradfi institutions contact us about defi data, way more than what we saw before feels like tradfi interest in defi is significantly picking up