Isaac Lau (🦛, 🚀)

47 posts

Isaac Lau (🦛, 🚀) banner
Isaac Lau (🦛, 🚀)

Isaac Lau (🦛, 🚀)

@crypt0zeke

Builder & maker on da blocks n' chains @AlchemyPlatform ⚡

San Francisco, USA Katılım Haziran 2018
331 Takip Edilen587 Takipçiler
Ramiro
Ramiro@racozo·
we’re in the saas business, suffering as a service
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Isaac Lau (🦛, 🚀) retweetledi
Israel Democracy HQ
Israel Democracy HQ@IldemocracyHQ·
Thrilled to share that a generous donation enabled us to purchase 3,000 bulletproof vests for IDF soldiers, with the help of the Czech govt and in coordination with the IDF 🇨🇿🇮🇱 Shoutout to the 669 Search and Rescue Unit Alumni Network for helping make it happen🙏 Am Yisrael thanks you! 🇮🇱🙌 #StandwithIsrael #SupportIDF
Israel Democracy HQ tweet mediaIsrael Democracy HQ tweet mediaIsrael Democracy HQ tweet media
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Isaac Lau (🦛, 🚀)
Isaac Lau (🦛, 🚀)@crypt0zeke·
USDT holders, on the other hand, are absorbing the debt... LEARNINGS: Single-side interest products are often less single-sided than you think.
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Isaac Lau (🦛, 🚀)
Isaac Lau (🦛, 🚀)@crypt0zeke·
But since AH gets the ETH at 0%, the lending yield is at ~1%. To mitigate this problem and allow users to withdraw funds, AH is diluting its ETH debt liability with its USDT pool. Long term, this is great for ETH holders.
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Isaac Lau (🦛, 🚀)
Isaac Lau (🦛, 🚀)@crypt0zeke·
🧠💭 Alpha Homora <> Iron Bank: A Story of Bad Debt Allocation TLDR: Alpha Homora's massive ETH debt to Iron Bank means users can't withdraw ETH and protocol incentives are out of alignment
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Isaac Lau (🦛, 🚀)
Isaac Lau (🦛, 🚀)@crypt0zeke·
If you rinse and repeat some combination of these 3 outcomes and mix in a bear market, you have a serious issue on your hands..... and thats what we're seeing today with Bancor pausing their ILP program.
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Isaac Lau (🦛, 🚀)
Isaac Lau (🦛, 🚀)@crypt0zeke·
1. BNT holders take a hit from inflationary spending measures 2. IL payouts of BNT means that BNT is less valuable on other pairings purely by inflationary measures 3. BNT payouts are dumped in exchange for other tokens
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Isaac Lau (🦛, 🚀)
Isaac Lau (🦛, 🚀)@crypt0zeke·
Smooth 🧠💭 re: Bancor 100% Impermanent Loss Protection (ILP)
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Isaac Lau (🦛, 🚀)
Isaac Lau (🦛, 🚀)@crypt0zeke·
@thedefiprincess @HopProtocol I think they definitely could have overlapped txs other ways too! I think looking at size/volume/timing in aggregate can be helpful too. Attacks tend to follow a repeatable or, at least, similar pattern in these areas
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Princess
Princess@defiprincess·
@crypt0zeke @HopProtocol So that’s a no to the other question 😂. I’ll ask if there’s any other way the sybil attacker could have overlapped transactions apart from the one you mentioned
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Isaac Lau (🦛, 🚀)
Isaac Lau (🦛, 🚀)@crypt0zeke·
🧵How I earned $1500 in a bear market by hunting the hunters Shoutout to @HopProtocol for engaging devs and migrating Sybil attacks.
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Isaac Lau (🦛, 🚀)
Isaac Lau (🦛, 🚀)@crypt0zeke·
@thedefiprincess @HopProtocol Great question! Mostly just browsing on Twitter! I was aware about Hop's airdrop and I was pretty intrigued by its airdrop hunting challenge at launch so I gave it a shot!
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Princess
Princess@defiprincess·
@crypt0zeke @HopProtocol First off… I have a LOT of questions and wouldn’t want to make this a long thread so is there any medium where I could have a more private and meaningful conversation with you. I’d also love to pick your brain a bit But my first question is this… what led to this discovery 😊
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Isaac Lau (🦛, 🚀)
Isaac Lau (🦛, 🚀)@crypt0zeke·
Step 1: Track on-chain transfers across all EVM chains for all eligible airdrop addresses Step 2: Filter out connected graphs with low nodes Step 3: Query Hop subgraphs to confirm Sybil behavior Step 4: Profit! 🤑🤑
Isaac Lau (🦛, 🚀) tweet media
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