@hosseeb @variational_io Didn’t @chameleon_jeff talk about RFQ not being good if there’s no KYC, couple years ago now?
English
lempire
429 posts
This is awesome.
Someone was trashing spreads on @variational_io, so this guy pointed his AI agent to just go pull the raw data instead of arguing about it.
TL;DR: @variational_io spreads are really good across a huge swathe of assets.
RFQ works.
Joestar⭐@JoestarCrypto
I heard Variational spread isn't good so I built this and checked 240 tokens to debunk it If you take the average across all listings, at any trade size, @variational_io is by far the best, especially on RWAs You just can't beat RFQ execution costs, especially on exotic pairs That's a new tool I just built, you can check it in the comments
English
lempire retweetledi
lempire retweetledi
Once we have completed our review for security vulnerabilities, we will make the entire codebase of 𝕏 open source, with no exceptions.
Moreover, we will invite third party reviewers to examine the system that is running to confirm that the open source code is what is running.
Trust through total transparency is the only thing that should be believed.
English
@CapitalShipyard @Biohazard3737 If starship gets going, should give them a pretty good lead no? Also having twitter and cursor seems pretty big.
English
@Biohazard3737 Not saying the bond won't be covered, but Starlink ARPU is through the floor, and the Chinese are landing rockets.
English
TBH, that bond looks pretty interesting.
Hard to see how Starlink doesn’t become a major cash cow or how the launch business gets disrupted.
zerohedge@zerohedge
7.300% YTW
English
Zeno's paradox shows that going on an airplane is just as paradoxical as a teleporter though
Orwell & Goode@OrwellNGoode
English
many things in crypto trading below 10x PE but the kids are telling you to buy ETH 🤡
English
Ethereum will be the home for those that want to store their assets outside the reach of the state, no other chain can replicate that.
Santiago R Santos@santiagoroel
Ethereum is the federal government and instead of charging 30% tax it charges 1% and lets states and counties charge the bulk of the tax Security is the most mispriced asset in blockchain land federal states can make it hard for citizens to leave and few (ie US) can enforce worldwide tax - as a US citizen you pay the tax because they can use violence against you blockchains can’t and never will they are by design open source and easy to leave, so they will always struggle to grow GDP via taxation Users (builders and user aggregators) will always have an incentive to leave and go to a tax friendly jurisdiction once you get taxed any amount because they control the user. So Ethereum and others can’t tax too much I don’t see an easy solution to this problem other than being an integrated chain that owns the user relationship and can monetize the flow and enforce some control of who enters and leaves Robinhood can do this Stripe can do this Infra crypto-native providers can’t And if that’s the case then what’s the point of blockchains if you have a single entity that controls it. Databases all the way down. Robinhood is simply replacing citadel and monetizing the flow themselves via robinhood chain - as they should
English
lempire retweetledi
Buybacks for ethereum:0x808507121b80c02388fad14726482e061b8da827 passed 2M 🔥
All these within just 6 months since sPENDLE launched
➢ ATH ethereum:0x808507121b80c02388fad14726482e061b8da827 staked
➢ Emissions cut by 71% - double the initial 30% target
Fees, buybacks, airdrops...sPENDLE working hard for its stakers 🫡
Pendle@pendle_fi
New ATH milestone - total $PENDLE staked surpassed 100M (~36% of total supply) Since the launch of sPENDLE: 🔹 Emissions cut by 71%, more than double the original 30% target 🔹 1.96M+ PENDLE bought back from the open market, passed to stakers in full 🔹 Further ~$1.5M in airdrops distributed to stakers Your PENDLE, working hard 💪🏻
English
@0xSearchie Lemme re deploy all stables there for it to last the whole of a minute 😄
English
Okay if 14% on USDC isn't enough for you how about 43.94% APR on USDT lent to wHLP holders or 11.19% on wHYPE lent out to kmHYPE borrowers?
The best yields on Hyperliquid are always found on HyperLend
gLend.
English
lempire retweetledi
Things are heating up 👀
Jarry Xiao@jarxiao
The next major feature upgrade to @PhoenixTrade will finally leverage @solana DeFi's greatest asset: spot liquidity. Traders will soon be able to post SOL and other tokens as collateral for their positions. A few caveats before I dive in: - I hate announcing things before they ship. Talk is cheap, and execution is hard. And nobody cares that the execution is hard. - Phoenix is not the fully on-chain perps venue to have spot collateral. This was one of the best features offered by Drift and Mango. As with everything we build, Phoenix's approach will never be a blind copy-paste of our predecessors. I'm excited about this feature for many reasons. 1. Solana users with SOL and other tokens but no USDC no longer need to sell their assets to deposit and trade on Phoenix. 2. Users and vaults who want to run long spot, short perp basis strategies no longer need to think about manually rebalancing. 3. Sophisticated users who trade both spot and perps can keep their capital on Phoenix and simultaneously trade spot while margining their perps positions. I'll write more about this in a future post. I think it's one of the coolest things that no other perps platform can do. And it is only possible because Phoenix is fully on-chain. There are 2 questions I get asked often that I often find challenging to answer: 1. Why does it matter that Phoenix is fully on-chain? 2. Why should I trade on Phoenix over [X]? Here is my definitive answer. Being on-chain gives Phoenix access to Solana's capital, users, and liquidity in a way no off-chain venue can. Most people think that Phoenix is the exchange and Solana is the infrastructure platform, but they have that backwards. Solana is a programmable exchange, and Phoenix is infrastructure that taps into everything Solana offers. You shouldn't trade on Phoenix; you should trade on Solana, because Solana will be the decentralized protocol that houses the world's financial assets. Phoenix is simply the best window into that on-chain future. This is how the composability thesis will finally play out, a couple of years late.
English
@koolkrypto223 @AerodromeFi That’s fair. My assumption tho is solana will win spot volume, tokenized TVL will explode from here, and backpack seems to be the main tokenizer. Not sure where revenue will come from but given those assumptions 600m feels cheap.
English
@lempireAI @AerodromeFi Oh no I'm very familiar with it! I'm more so saying that at a 600m FDV I'm not sure it's exactly a steal relative to it's chances of success. I'm pretty neutral on it here.
English
$UNI catching a bid off people annualizing 1 week of bogus RH chain statistics is probably going to lead to a generational re-entry on going short $UNI long aerodrome-finance:native.
Think AEROUNI breaks out over 0.20 on the ratio shortly after the @AerodromeFi update in the coming weeks.
I think RH chain is much more bullish for $LIT and $HOOD and even $ARB longer term. If the thesis is that billions of tokenized spot equities will pass through Uniswap, just not seeing it at all.
No amount of week 1 RH chain memecoin wash volume can change that for $UNI, fee switch=suicide switch.
English