shresth
1.8K posts
Episode 9 of Honest Majority is live 🎙️ "Is FasterPay faster than FastPay?" @dionyziz sits down with @giorgos_tsimos , scientist at @poddotnetwork, to discuss the latest research directions at Pod and the protocol's design. 1/4
Talked to bunch of Hyperliquid insiders about toxic flow and this is what I got: (1) Priority fees good for toxic flow for now and accepted as a solid idea for monetization. - Good for @TheHUB if traders are paying for optimization! (2) Speedbump good for those who can’t compete with the big HFT’s who kill them on CLOB’s. - Guess this one depends on who you ask! (3) Access to market data and paying validators (who are not upgrading) is bad. - Bit of perverse incentive here to upgrade. Also heard there’s 20ms variance on market data which is too much jitter. (4) Rate limit when congestion is annoying (and buggy). - I guess rate limit is supposed to be based on market share? Data points to learn from are always appreciated.
Early access is live: Deposited USDC + referred friends? Checkout: test.pod.network Rolling out to our earliest supporters first. More soon - stay tuned.
1/ Buy-and-burn is becoming the default ‘capital return’ strategy in crypto. I think this is a big mistake. Stop it. Get some help. Profitable protocols shouldn’t shrink their balance sheets when they can do productive things instead.
Professor Eric Budish (UChicago) delivers a 1-hour masterclass completely deconstructing the exact math HFT bots use to extract millions from continuous order books. Bookmark this and watch it today, if you want to stop trading narratives and start trading architecture It will permanently change how you view markets and liquidity. Check the quoted post below to see an example of HFT bot that appears to be exploiting these mechanics, printing over $500k in just 26 days on Polymarket. For the platform, attracting this level of algorithmic warfare is the ultimate validation. This level of deep, constant liquidity cements the platform as a Tier-1 financial fortress. What you'll learn inside: - The fundamental flaw in the continuous limit order book (clob) - How latency arbitrage actually works under the hood - The concept of the "liquidity tax" and who ultimately pays it - Why pure speed mathematically eliminates directional risk There are no magic pills or secret formulas in this game. The edge simply belongs to those who understand the mechanics better than the others.
Building decentralized markets requires tackling challenges related to efficiency, real-time latency, market fairness, and censorship-resistance. Running black-box consensus at each step of the way won’t cut it. @abresas and @giorgos_tsimos discuss how Pod is utilizing a dual-architecture and enforceable market rules to provide fast and fair markets on decentralized networks on a global scale. 🎙️New episode of Inside the Pod 👇