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@DROOdotFOO

‘The future belongs to those who believe in the beauty of their dreams.’ Court Jester @axol_io @xochi_fi

Chronically Online Присоединился Mart 2021
2.2K Подписки479 Подписчики
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DR◎◎@DROOdotFOO·
@DunkingSquirrel @AndreCronjeTech >‘Alerts on Flying Tulip can be put in place’ — Are they in currently place or just Could be in place? First mention of ftLend alluded to them being already shipped in FT
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mert
mert@mert·
block explorers are dead introducing @LanaAI — an AI that lets you talk to Solana interactively - ask anything about tokens or wallets - trace transactions, flows, and histories - generate reports and CSVs - rebalance your portfolio, place trades, and more now in open beta
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DR◎◎@DROOdotFOO·
@0xngmi @llamaonthebrink DeFi by definition can’t die. The boat isn’t turning around, we’re going to speed up. The nodes are gonna node, the flows are gonna flow. We will not stop work to earn back societies trust.
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0xngmi
0xngmi@0xngmi·
I see ppl calling for the death of defi They're wrong DeFi is gonna take a hit but it will not die, current situation is completely recoverable with protocol treasuries and loans I believe in DeFi and I'm gonna keep working to make it succeed🦙
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curb
curb@CryptoCurb·
"so you staked your ETH on the Ethereum blockchain to earn yield?" "yes, Dave" "except you didn't want your capital to be locked up so you actually staked it with a liquid staking protocol called Lido?" "that's correct, Dave" "and Lido gave you a liquid staking receipt token called stETH in return?" "yes, Dave" "and then you didn't think that was enough, so you juiced the yield even further by depositing your stETH receipt tokens into a restaking protocol called Eigenlayer?" "you are correct, Dave" "and now you didn't want to lock up your capital, so you actually restaked with a liquid restaking protocol called KelpDAO who provided you with a liquid restaking receipt token called rsETH?" "you got it, Dave" "and then that was surely not enough juice, so you then deposited your rsETH tokens into a lending protocol called AAVE so that you could open a leveraged looping position that borrows ETH against the rsETH collateral and restakes the ETH into rsETH which is then deposited as collateral, except it turns out rsETH used a cross-chain bridge called LayerZero whose security is held together by a 1/1 toothpick, which was obviously hacked by north koreans causing rsETH to become undercollateralized and now these looping positions are stuck and unprofitable, and everyone is pointing fingers at each other, and also DeFi is a very serious industry" "you are 100% correct, dave" jfc.
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DR◎◎@DROOdotFOO·
@LefterisJP @easyDNS It’s so rare seeing ownership like this in the industry and I deeply appreciate it. Extreme contrast on how the lending exploits have been handled.
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Lefteris Karapetsas
Lefteris Karapetsas@LefterisJP·
This is probably the most honest, no bullshit incident early post-mortem I have seen. Kudos to @easyDNS
Lefteris Karapetsas tweet mediaLefteris Karapetsas tweet media
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antiprosynthesis.eth ⟠
antiprosynthesis.eth ⟠@antiprosynth·
If plain (W)ETH Aave v3 depositors get a haircut over this, the trust loss in blue chip DeFi will be high.
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DR◎◎@DROOdotFOO·
institutions herded around ‘efficient finance’ but there’s no ‘alternative finance’ narrative to chase in crypto right now, and that was supposed to be the entire point. The efficiency narrative is just a weak frame and doesn’t grow culture in a bear market, zero asymmetry. My personal waypoint is what we’re building towards w/ xochi.fi : Privacy first intent protocol with ZK proofs + stealth & shielded accounts. I still think privacy in crypto could be sticky and an ideal FX hedge venue. There could be a private Coinbase if we wanted it badly enough.
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Shual
Shual@0xShual·
So, to recap, the sentiment on the TL is: - DeFi is dead: don't bother with it, don't deposit anywhere, 'just use aave' is dead, off-ramp and at best park with ibkr or coinbase - The age of crypto is over: we're no longer early, it's the instutitionals era, coins have infinite price-insensitive sellers, and retail isn't coming to buy your bags - Onchain is dead, especially on solana, because of pvp tards that rush to outdump each other on 30k market caps. The only true runners are flukes on ethereum that are old and have no gen z to control its supply and is reliant on elon tweets. - The handful of projects that were considered investment-worthy are either not (aave, for example) or are already adequately priced (hype, zec). there are a few silent runners like $morpho but not many and low volume. - GameFi is dead. SocialFi is dead. L2s are barren. Financial activity only exists to farm points. Did I miss anything? Is anyone excited about anything? Something? If you're reading this - why are you still in crypto?
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DR◎◎@DROOdotFOO·
@lucasmeijer I’m running this with my raxol project. GitHub/DROOdotFOO/raxol — I use my dotfiles+ agent-skills directory on my profile it’s open source and templated!
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Lucas Meijer
Lucas Meijer@lucasmeijer·
Who has a really nice setup like this? - Cloud based agents - Kanban board-esque overview - Full control over agent loop
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DR◎◎@DROOdotFOO·
@MattRound7 Privacy-first intent protocol & Dark Pool on ETH. You pick the privacy tier and the attestation (KYC/KYB/POH/none); we route it through solver network and settle privately. Xochi’s oracle looks for compliance issues at swap time. xochi.fi
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banteg
banteg@banteg·
lots of people can't recognize the infiltration. the most comprehensive work i know on the topic is 'cynical theories' (2020). it covers the ideological capture of academia with scholarly detail. im not sure if there is anything of similar density written about company, non-profit, and open source capture. if you know a good successor book, do share.
banteg@banteg

somehow a lot of people have missed the point when eff transformed from building hardware to hack government encryption and force it to adapt a better standard into a generic progressive nonprofit that cares about “tiktok abortion funds” (real example from their x goodbye). the reason for that is the org has been hollowed out, still wearing the skin reminiscent of its former glory, but stuffed with nondescript activist bureaucrats that share none of the original values.

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DR◎◎@DROOdotFOO·
@banteg So you did it for $0 all together? Or like a <$5-10/mo? Workers are fun to build on, I always end up at least with some tiny recurring bill to add to the pile 😅
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banteg@banteg·
wanted it to work more realtime so i added a tenderly alert. unfortunately it couldn't wake up github actions directly, so i had to add an intermediate cloudflare worker. but then i thought why not migrate to cloudflare worker wholesale. the architecture i ended up with is on worker that serves a static page. then tenderly could poke it using a webhook when new transactions arrive. it indexes them into d1 sql database, and also rebuilds a json dashboard that it serves from kv to the static page as api. i also added a daily cron as a fallback in case the webhook doesn't fire. it's all pretty simple, works well, and requires zero maintenance. you can also scale to more complex workflows using queues. overall i found cloudflare primitives quite pleasant to work with. for web3 webhooks the options i know are tenderly (3 alters on free plan) and alchemy (5 on free plan).
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banteg@banteg

learned a slightly cursed technique from @wavey0x but the more i thought of it, the more it grew on me. he made a page to see all yearn/curve vesting escrows and it works really fast. when i asked what he uses to fetch the events so fast, he said that he doesn't fetch them at all and they are all a part of a static site that gets updated nightly by github actions. so the repository is a source of truth, and the action just pulls any new escrows, makes a commit and triggers a redeploy. the data is stale by at most one day, but it's nothing given most vests have a cliff and a multi-year duration. i used this approach for my own personal thing and it worked well. in my case the txs i'm interested in come rarely, and i didn't want empty commits that just update the sync state every day. luckily, it's possible to achieve this by putting the sync state into gh actions cache and only commit/redeploy when there is actual new data.

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DR◎◎@DROOdotFOO·
The most interesting thing at ETHCC is a trash machine in the port, pushing trash into a net which little fish feed on. Symbolic. #ethcc
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r-r o'leary ⛛ 🕊️
r-r o'leary ⛛ 🕊️@lunar_mining·
Neo-cypherpunk is lunarpunk. For years I’ve been arguing for a reframing of cypherpunk along these lines: From individuals to squads, From anti-state to non-state, From dystopian privacy to generative anonymity. The original promise of crypto was pure. But it was co-opted by the system and by centrists who wanted to use crypto to perfect existing financial institutions. Crypto generated an image of itself (weak, apologetic and defanged) that destroyed it from the inside. The question I had was: is there something in crypto's memetic heritage that created this trap? Perhaps cypherpunk was too reactive, too individualist. Everything in its aesthetics was focused on negativity and inversion. Perhaps this was limiting its scope and confining crypto to be a mirror image of the system, never truly able to surpass it. We needed a new memetic landscape that was active rather than reactive. Oriented toward real revolution and guided by a utopian vision of what anonymity could do. We chose anonymity rather than privacy as our defining term since privacy felt too wrapped up in the old defensive paradigm. Privacy is sad and closed off. Anonymity is active, aggressive, vitalist. We spoke of squads rather than individuals, not because we're collectivists but because we had a big, wide, expansive vision that required many people to work together toward massive change. DarkFi calls this new paradigm "lunarpunk." The web3privacy crowd calls it "neo-cypherpunk." The aesthetics differ quite a lot. It doesn't really matter. What matters is it feels that crypto has become trapped in a relentless discussion of terminology. I'm bored of discussing lunarpunk, solarpunk, cyberpunk, cypherpunk, and neo-cypherpunk. This no longer feels like a healthy, energetic retvrn to the original values of crypto. Rather it feels more like a paranoid preoccupation with crypto's self-image. Nick Land says: "An animal attending to the operation of its own organs is sick." Action happens on the outside. When it turns inward, it becomes pathological. Crypto's relentless self-questioning has started to feel like a disease. I'm more interested in facing outward to the world and to the future. Escaping from the repetition of old symbols and self-referential purity spirals. I love cypherpunk and crypto-anarchy. But why are we still stuck in visions from the 90s? It's time to leave the old symbols behind and create something new. We are in a fundamentally new paradigm. Everything has changed. No new terms can keep up with this relentless forward march. Nor should they. Code is a cybernetic intensity capable of reorienting the world in ways we cannot predict. It's more powerful than language. It has a certain magical immanence since it does exactly what it says. That's why I spend most of my time today writing code rather than consciously creating culture. The culture follows us, not the other way around. Crypto has been been a phenomena for over 17 years. It has made so many beautiful promises. It has delivered on much less. It's time we find out what crypto can actually do. We haven’t seen anything yet.
r-r o'leary ⛛ 🕊️ tweet mediar-r o'leary ⛛ 🕊️ tweet mediar-r o'leary ⛛ 🕊️ tweet media
andyguzman.eth | privacy/acc@AndyGuzmanEth

Neocypherpunk has much better aesthetics, culture, and ACTUAL contributions than Milady/Remilia

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kitze 🛠️ tinkerer.club
vibe coders who don’t ship anything showing their agent orchestration setup
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raulk • p2p/acc
raulk • p2p/acc@raulvk·
A 500-node P2P network decoding a 2 MiB message with ethp2p Reed-Solomon erasure-coded broadcast (0.25x viz speed). Initial benchmarks: ~1.4s p95 decode latency vs ~7.15s with gossipsub. 5x faster, 40% of the bandwidth. This is with minimal tuning. Plenty of room to tighten. Realistic topology modelled after Ethereum mainnet (downscaled), deterministically simulated on Shadow. The visualizer handles 1.7M trace events without breaking a sweat, built on WebGL2/WebGPU via deck.gl. Purple = sender, blue = receiving, green = decoded.
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banteg
banteg@banteg·
takopi dev chat reaction to takopi's original sin screening
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DR◎◎@DROOdotFOO·
@penzjun @0xkydo Bingo bango. The block by block fundamentals reflect it.
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Marin
Marin@penzjun·
@0xkydo What happened is you guys managed to single handedly recentralise Ethereum staking while spending millions on incentives and to this day have 0 usable tech to put it where you mouth is. On top it’s msig managed. Congrats!
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DR◎◎@DROOdotFOO·
@TMIYChao Looks dope ! Congrats 🎉
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Mario Havel
Mario Havel@TMIYChao·
Introducing: Decentralized crowdloaning and an experiment to bootstrap our new community space Theory: @bordel/decentralized-crowdloaning" target="_blank" rel="nofollow noopener">paragraph.com/@bordel/decent… Implementation: loan.bordel.wtf We are bringing a real, community based, cooperative way to bootstrap projects on Ethereum without any token or speculation. Our goal is to demonstrate a simple way to coordinate and utilize liquidity from the global community to empower local. Our hackerspace in Prague has been looking for a new home for almost 2 years and it's not easy to find it. Now, you can help us to reach our goal, get us started and eventually visit us in person! We do not ask for donations but direct loans that we pay back continuously as mortgage. If you have any stables lying around, you can lock them to this loan instead of another protocol and support real world project. This is a nonprofit effort to showcase defipunk and utilize the open nature of our ecosystem. Crowdloaning is a trustless alternative to more traditional crowdfunding alternatives for us, crypto natives. We don't have any credit in traditional banks, we only use FLOSS and we source loans from community of individuals, not pools. Help us get started and hopefully, we will see each other at the opening party during @EthPrague!
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Samuel Chong
Samuel Chong@stakesaurus·
Continuing my series on pro-tips to improve your validator performance. Solo/Home Staker Edition. 2 ways to get up to speed: - Watch the recording of the session I did during @LidoFinance Stakers Guild in Cannes here. - Or expand & scroll if you prefer reading it as a thread!
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