Callen

'A Step Towards a More Equitable Liquidity Provider Reward Structure' - A path to robust liquidity & future considerations for @dYdX commonwealth.im/dydx/discussio…

@PaulErlanger @benchmark Huge, congrats!

There are rare moments in history, where builders have the privilege of turning a niche hobby into something the whole world can use. While crypto infrastructure has consistently improved, user experience has remained an afterthought. Since fomo’s beta launch 6 months ago, our north star has been solving crypto's 100x UX problem, for both retail and crypto-native users. In that time, fomo has become the largest cross-chain trading application in crypto, powered by the industry's top traders. During this beta period, fomo has processed nearly $700M in volume, onboarded 120K+ users and 35K+ traders, and facilitated $5M in onramp volume across nearly 15K net-new crypto users. Today's version of fomo is just the beginning on our journey to become the social layer of all finance and the first accessible financial application built entirely on crypto rails. We're thrilled to partner with Benchmark (@chetanp , @ericvishria , @peterfenton , and @EverettRandle ) as we build the world's largest financial network. Benchmark has a proven track record of backing bold, world-changing companies like eBay, Uber, Snapchat, Instagram, and Twitter. They're the best in the world at understanding network effects and scaling consumer brands. We're excited to have them as partners on this journey.

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@river0x_ @PlasmaFDN @rongplace Congrats sir, well deserved!

I’m incredibly proud to share that I’m joining @PlasmaFDN as DeFi Lead. This opportunity to fuse a longtime passion of mine with a higher calling is something I may never get again, so when @rongplace offered me a shot it was a no-brainer. As you all know, I love DeFi. All the chaos and opportunity literally deprives me of sleep and I truly couldn't imagine spending my time on anything else. DeFi nonetheless can feel a bit self-referential at times. Stablecoins are the vehicle of breaking this constraint and getting DeFi out into the world. This is what attracts me to Plasma: it builds on the shoulders of giants, specifically USD₮. Rather than reinventing the wheel, I get the privilege of helping to connect people - not only escaping currency devaluation for the first time but also earning yield. Accessing these value-preservation tools is critical, and stablecoins will unlock this at scale. The team's ability to execute both onchain and offchain is flawless, and working alongside these best and brightest in the space gives me the room to become the operator I know I can be. Getting to help build the most dynamic and productive DeFi ecosystem is a truly beautiful puzzle. Those of you who know me well know I was pulled out of retirement for this, above all else I do it for the love of the game. The best path to realizing an efficient and self-sustaining ecosystem is with stablecoins. Digital dollars are DeFi’s engine. Without USDe PT looping, we’d be stuck in 2022. Without leveraged ETH staking, Ethereum-based DeFi would have faded long ago. Stablecoin TVL growth is outpacing DeFi TVL growth, and this trend will continue. We will approach DeFi with a stablecoin-first mental model. DeFi deserves stablecoins, and our permissionless products create the most powerful supply sink for digital dollars that any GTM strategist could dream of, including me. The vision is clear: bring the world onchain using stablecoins. And Plasma is the vehicle to get that done. Thank you to @LucidXPL, @PauliePunt and the entire team for the trust and opportunity. If you're looking to build on the chain designed for stablecoins that will be distributed more widely than ever before, I want to hear from you. DMs are open. Trillions.🕊

@dgogel @dydxfoundation @dYdX Congrats sir!

After ~4 incredible years at @dydxfoundation, I’m excited to share that I’ve joined @dYdX Trading / Labs as Chief Operating Officer. It’s been a remarkable journey — from building a world-class team and shaping a global, decentralized ecosystem, to supporting the launch of the dYdX Chain, and helping scale one of the most ambitious projects in DeFi. I’m immensely proud of what we accomplished across governance, growth, community, and partnerships — and deeply grateful to everyone I’ve had the chance to build with. Now, I’m stepping into a new chapter: leading operations at the core development team behind the dYdX open-source software. The mission remains the same — to build software for the world’s most powerful decentralized exchange — but the scale and opportunity ahead are bigger than ever. With an exceptional team and a bold roadmap, I couldn’t be more excited to work with @AntonioMJuliano on what’s next. We’re hiring engineers — come build with us: #roles" target="_blank" rel="nofollow noopener">dydx.exchange/careers#roles

Talking governance with @growuniswap!

Hey DeFi protocols: @arbitrum is requesting solutions to deploy 7500 ETH with @EntropyAdvisors, @wintermute_t and LlamaRisk As risk, our strategy priorities are: 1⃣ Low smart contract risk 2⃣ High liquidity and redeemability 3⃣ Transparency Apply by Feb 3rd Details: 👇

Calling all protocols! The Arbitrum DAO is looking to deploy 7,500 ETH from its treasury to generate yield and grow the ecosystem. Here's what you need to know to apply and get involved: 🧵👇

It was super fun talking @wintermute_t governance with @jpurd17

The Ethena Foundation is pleased to share that the @wintermute_t proposal to enable an $ENA fee switch has been approved by the Risk Committee The Foundation will be working with the Risk Committee to crystallize parameters for fee switch activation by 30th November, with precise implementation mechanics to follow

Say it with me - make fee switches great again 🎛️

A governance proposal has been submitted by @wintermute governance to enable a fee switch for $ENA Jump into the forum linked below to discuss 👇🏻

Make Fee Switches Great Again gov.ethenafoundation.com/t/wintermute-g…

@jeffyew_ Congrats Jeff!

Today, we welcome $IETH to market.👏 The Monochrome Ethereum ETF is Australia’s first ETF to hold ETH directly. Like IBTC, IETH features an in-kind subscription and redemption facility, enabling investors to transfer their ETH in/out of IETH. More info: ieth.au

Big congrats to @omeragoldberg and the chads at @chaoslabs for launching Edge!

The Lido DAO Delegate rally is in full swing with voting for delegates live till September 18th. How can you get involved? 1️⃣ Pick a delegate. 2️⃣ Delegate your voting power. Delegate here: vote.lido.fi/delegation

@river0x_ @StableLab Thank you ser 🫡

Have not shilled this one-stop-shop for DeFi gov news by the master @cvant_ If you only read one roundup it should be this or @StableLab's

@cvant_ a tad bit over the top... those type of programs are good for bootstrapping the initial phase or revival of activity for delegates, not draining the DAO treasury

Is spending $4.2M/yr on 50 delegates ($7k/month) to vote and provide feedback/rationale a good trade for Arbitrum? forum.arbitrum.foundation/t/rfc-delegate…

1/6 Today, we’re launching The Alpha Challenge, a two-week experiment for the crypto community to test their on-chain analysis skills and for Wintermute to hire top talent We've also collaborated with six companies to provide exciting awards for those who will not be hired👇

New token burn mechanism just dropped 🤓