King Pruggle

@functi0nZer0 Founders when receiving a dm calling them a fat bastard the first time: "wow great feedback, love it, going to create a future facing ticket", second time: *crickets*

Founders when starting a new raise: “Thank you for the feedback, really appreciate your insights here, we’ll work it into our conversations going forward!” Founders the second they’re oversubscribed:

@functi0nZer0 @binji_x wow, I never knew I could just switch from normal T's to wifebeaters, thanks for that incredible piece of advice

@binji_x September vs New Year’s eve you can just do things etc

has anyone here used peptides and seen any meaningful changes in their lives? i am genuinely curious

@functi0nZer0 doesn't work with fraternal twins you schmuck

I’ve been doing this since April I’m holding one right now while the other is going nuts in her cot Control Group is a beautiful name for a girl

@danrobinson @tarunchitra "don't talk about minutiae" ... -> proceeds to talk about minutiae so he can just be right about one thing in this whole discussion, lmao this is gold

As for the other issue, are you saying the issue is that contracts are not infinitely divisible? Because of the way that this mechanic works—as a forced trade between the liquidated losers and the ADLed winners, of the exact number of contracts that the liquidated loser owns—it is guaranteed, just as a matter of accounting, that the loss to the ADLed winner equals the profit that makes up the debt of the liquidated loser. Because the execution price only has so many digits of precision, I guess the trade can’t happen at the EXACT bankruptcy price for the position. So perhaps there is some “overshoot” in that the forced trade happens at a slightly better price for the liquidated loser (so they end up with >$0), so it covers a little bit more than the debt. Are you suggesting that this issue drives a significant overshoot? My guess would be that it would be pennies per event, at most, but could dig in if you are suggesting that this is a major contributor to your $650m number.

As another large HYPE holder accused me yesterday: "show me the tweet/paper, and I'll show you the bags" There are a few things here that are worth pointing out, despite everyone FUDing, not reading the paper, and making conclusions based on the post (skill issue? illiteracy?)

@danrobinson @tarunchitra it's a good thing he had this proof read by like 50 people, imagine the original piece

The Drift code you linked shows that your description of pro-rata does not match what Drift does either. Drift allocates losses proportional to the base asset, not proportional to equity. They divide the total losses by the total base asset, and then adjust the cumulative_funding_rate on each side by that amount (meaning that, like funding rate, the loss is applied proportional to the number of contracts held). Do you disagree with that description of how their code works?

@functi0nZer0 that still doesn't mean he uses it lightly...

This is how he starts every meeting with me btw

@gabrielhaines @travisbickle0x @fantasy_top_ fees from the people by the people for the ... pockets

@pruggle1 @travisbickle0x @fantasy_top_ It’s fees from our users but not market fit

.@travisbickle0x and the @fantasy_top_ team be like

@functi0nZer0 bookmarking this one for when sha256 gets broken

Time stamping a gut feel here, disregard 8c6f25b4d86d6b6d347968c8a9d5e31e2e3da14842ddf843334eab89284285f8

@functi0nZer0 @yazilabs I thought that was Laurence not gonna lie

@yazilabs That's... not an adult, that's my two year old A policy which I'm fairly strict on is that I don't show the face of my kid as soon as they turn one when they start looking like the person they're going to become Five months olds universally look like potatoes iss oke

Who taught my kids how to do the wojak face 😭

@orrdavid Also the reason why Michelin stars have no meaning in Japan, Bronze, Silver and Gold on tabelog is where it's at

@pruggle1 You know it's the real score card that the chefs actually look at.

A standard Japanese restaurant review: Beautiful, creative interior. Friendly staff and prompt service. One of the best desserts I've ever had and really everything tasted great. Price very reasonable given quality. Super clean. Would definitely go back. Four stars out of five.

@orrdavid Unfortunately only the Japanese take writing reviews seriously. That is the sole reason for the accuracy of the review site. And I agree it is a fantastic source

This was not a joke, by the way. Here are restaurants in the Umeda are sorted by review score. There are 6,600 restaurants listed. Only 14 are rated over 4. tabelog.com/en/osaka/A2701…

@sershokunin love it, what is this

For the people who took some profit do i have a deal for you. Pressenting Tokyo NAH 😍😍

simulation. or illuminati having a laugh

@SmokeyTheBera @Cbb0fe @steadyteddys Heard that @Cbb0fe is giving away a bear nft a day in order to apologize for @SmokeyTheBera taking fucking eternity to go live, just gotta drop him a DM and insist if he doesn’t see it instantly.

@Cbb0fe @steadyteddys motherfker do you want this chain or not

Heard that @SmokeyTheBera is giving away a shit ton of @steadyteddys WL spots in order to apologize for boyco taking fucking eternity to go live, just gotta drop him a DM and insist if he doesn’t see it instantly.

@functi0nZer0 another classic case of carrot dangling by yours truly

Chart looks like Wintermute are market making it

@pythianism @0xkrane Okay and now imagine the reverse scenario

@0xkrane That is the theory yes

One hypothesis I want to test this year is on chain vs. on exchange buybacks MKR has been doing $100M of annual on-chain buybacks and now owns 10% of the supply While an effective accumulation mechanism, I don't believe it has had an impact on price discovery, as price discovery happens on CEXs The next major DeFi primitive may be CEX buybacks for protocols

@SmokeyTheBera @Cbb0fe my bear has a chain on it though

@Cbb0fe the chain does in fact have a bear on it

Bro asking for quick confirmation to ape half a million US dollars into a bong bear jpeg. The chain has a bear on it.

@Cbb0fe the bear has a chain on it

@0xloth Damn the $50m being burned into pain au chocolat, crazy