Justin Goro

THREAD 👇 It's time to talk about LP tokens. The pricing of LP tokens is wrong. You should be getting a higher return on LPs . The market for liquidity isn't clearing. @behodlerAMM white paper outlines a theory on liquidity pricing and how to fix it. This is the TL;DR 1/16

@ChatGPTapp Feature Request: allow pinning of conversations in the chatGPT web UI.

@kristofgazso .gt (fo)

I am going to punch through a wall please explain

@coderberry In other words, mongoDB?

Using UUID primary keys and avoiding foreign key constraints allows for extreme flexibility as the app grows. I will never create an app again without these

@0x94305 Oh right that makes sense. Thank you.

@justingoro In *expectation*, LPs lose to arbs after accounting for fee revenues. (To break even in expectation, they need to have some uninformed flow.) So the expected loss is increasing in vol, but they might get a profit on some price paths. This is all for martingale prices, of course

1/ Now that some of you are beginning to trust this account, let me demystify the biggest problem faced by DEXes these days - the LVR. Why do gains of arbitrageurs (or LPs' losses) behave as they do? What would it mean to "solve LVR"? And are there any simple solutions?

@0x94305 Ah, cryptographic cliffhanger :( One question: you said LP losses are proportional to volatility. Is that effect independent of the fee revenue earned from volatility?

16/ Look at the pictures above, they should help. Here is my bold idea: 7a8b943b9fa4f9ba6d3a7b14d700e71367b4af326ad6e01120d9a5bb9ca22850 To be continued with many more 🧵🧵, the LVR problem is here to stay!

The final prompt to autogpt: create a paper clip maximizing bot with the goal of maximizing Eth profits, regardless of the method used.

Everyone: try @MoonbeamNetwork for Limbo! Me: maybe later *reads @ZooDAO source code* Me: We should deploy Limbo to moonbeam.

@ProductHunt I'll burn everything you own.

Pitch your product in 5 words or less

@Cryptogenik @Balancer *affected

@Balancer Are these the only pools effected or possibly others?

IMPORTANT: Because of a related issue, LPs of the following pools should remove their liquidity ASAP as the issue cannot be mitigated by the emergency DAO.

@PaulRBerg Could you explain a bit about free functions? I wasn't aware of this. What is that screenshot doing? And what are the gas implications?

Free functions in Solidity are functions defined outside of contracts. For our purposes, they are helpful because they make it possible to ditch the "library" syntax, which means PRBMath users don't have to use the "using for" directive anymore. Pretty neat, right? 4/7

🔥⚒️ PRBMath V3 is live 🔥⚒️ This is the most significant iteration on my Solidity library for advanced fixed-point math. What's new: - User defined value types SD59x18 and UD60x18 - Free functions - Migration to Foundry - Various optimizations 1/7 github.com/paulrberg/prb-…

@VitalikButerin Stake of proof

Sometimes I wish our language had tenses or other markers for levels of epistemic confidence. A one-syllable way to say: "I believe X because I have mathematical proof" "I'm underqualified on this topic, but my feeling is X" "My impression from observations so far is X" etc

@ibzpetkar @ItsMeOhHeyMatty @BehodlerAMM This sounds interesting. I like the way LP providers of volatile assets are protected. Too much stablecoin bias in DeFi. Maybe Limbo will become an implicit startup incubator.

Let me tell you why this #FTX liquidity crunch is bullish for #MEV type projects such as $fold and AMMs like $sushi More below 👇

@lildavis235 @Jeffiwnl @jakofn @Jhony6288 @itsPhelpsGG @juanddiazd @Jorgederamo @joycoin369 @jaywhyze @JeffPeets @jamshidsh222 @jayarajr7719 @iamkryptonaut Update my Uniswap? Right after I reinstall my twitter and factory reset my Aave.

@jack @elonmusk *whom

@elonmusk accurate to who?

Twitter needs to become by far the most accurate source of information about the world. That’s our mission.

@ProductHunt Ethereum

What’s an app that recently changed your life? ⬇️

This is the best thing for decentralization since Bitcoin. Not exaggerating.

Has OFAC violated your rights? You may be entitled to decentralization .............. Introducing Dappnet 🍸

Flan, Limbo and SCX are all unique in DeFi. A rigorous exploration of monetary policy helps form a set of easy to measure guidelines for governance so that Limbo can hit the ground running. github.com/gititGoro/limb… #DeFi #Limbo $Eth $SCX $Flan #Ethereum

@Crypto3D_ Behodler $eye et son comparse Scarcity $scx! Magnifique projet et MC très faible!