Jonny Huxtable

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Jonny Huxtable

Jonny Huxtable

@HuxtableJonny

Founder @linkpoolio, founded @stakedotlink, contributed @chainlink. Just cracking on.

England, United Kingdom เข้าร่วม Mart 2018
312 กำลังติดตาม3.6K ผู้ติดตาม
Jonny Huxtable รีทวีตแล้ว
TrustSec
TrustSec@TrustSecAudits·
‼️ MAJOR ANNOUNCEMENT TLDR: - Trust Security is now TrustSec. New name, new logo, new website. - We’re setting industry standards on how security teams communicate their work. Our entire portfolio is now on open display - every audit, bounty, contest win. Full transparency, zero gatekeeping. - Going further, we present every competitor audit ran in parallel to us, on same commit. No cherry picking. It’s a pure measure of skill, and the results are conclusive. - Same team, same standard, same depth. The quality never changed. Now the visibility catches up. Everything's in place to hit entirely new ceilings. Full breakdown below ⤵️
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Jonny Huxtable
Jonny Huxtable@HuxtableJonny·
The best trade I've made this year is one I didn't even realise. I bought over 6TB of 64GB DDR5 5600Mhz ECC RAM sticks.
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Jonny Huxtable
Jonny Huxtable@HuxtableJonny·
@GD2BALinksta Unfortunately no GPUs, that's one for next year. We're working on some things.
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Jonny Huxtable
Jonny Huxtable@HuxtableJonny·
I've just pulled the trigger on what is a significant investment into @linkpoolio infrastructure future, building out three new racks in three different DCs in Manchester. We will be boasting 1TB+ of interconnectivity between all three racks with sub 1ms dark fibre. You'll hear more from us over next year when this is setup. Been on my list for a long time to start talking more about infra, it's no joke running an operator at scale. Very excited.
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Jonny Huxtable
Jonny Huxtable@HuxtableJonny·
Not to use this as an opportunity for marketing, I'm just incredibly proud of the work that took around 12-18 months to set @stakedotlink DAO as one of the only (the only?) DAO's backed by a legal entity. What does this mean? The DAO owns all of the IP, the governance process as well as the token holders are legally recognised, personal liability is reduced, token holders can nominate a guarantee member that can elect and resign company directors and there are no shareholders to which even I have no legal ownership other than the voting rights I get as a council member and token holder. Intact, the only area to which the entity can overrule the DAO is if a proposal voted on is illegal. The DAO can sign contracts, it can have bank accounts and "do" things. Why did I do this? Ultimately, because it sets precedent for how the DAOs can be structured for clear ownership and longterm growth. I'm surprised larger projects with war chests don't follow suit and get some great professional services teams to do the same. Read more: talk.stake.link/t/slurp-30-sta…
Stani@StaniKulechov

@fredcat5150 Aave Labs owned its own brand for years and also our interface and domains, and good to note that the DAO is not a legal entity to be able to "own" things.

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Frameo
Frameo@fram3o·
white monster: cracked claude code: on alexa: play call me maybe by carlie ray jepsen let’s do this
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Jonny Huxtable
Jonny Huxtable@HuxtableJonny·
@samuelalpha77 Not sure if you're trolling by posting that sorry looking state of a roast tbh.
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Jonny Huxtable
Jonny Huxtable@HuxtableJonny·
Great post from the @stakedotlink DAO council member detailing the new wstLINK looping opportunity through Chainlink BUILD member @FolksFinance. Unlocking staked LINK composability through DeFi. Although with anything like this, please DYOR and understand risks involved.
Ari Kiry@ari_kiry

Most #Chainlink frens stake LINK, few sistas use @FolksFinance to borrow LINK against their staked LINK.. and buy even more staked LINK Done right ➡️ boosted returns Done wrong ➡️ liquidation How the game actually works 👇

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Jonny Huxtable
Jonny Huxtable@HuxtableJonny·
@samuelalpha77 Coriander in heinz baked beans? No black pudding? Potato hash? Sausage looks mid, fried bread barely looks fried. Abomination tbh.
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Jonny Huxtable
Jonny Huxtable@HuxtableJonny·
I read the Chaos governance post earlier and certainly took away that the framing of it is very much blaming the oracles versus the pricing of assets. The question is not whether Chainlink worked, as it accurately tracked VWAP for these long-tail assets. The question is how pricing of assets should be calculated under extreme circumstances. If anything, this just shows the inefficiencies of how AMMs work when blockspace is at an ultimate premium, creating downstream risk to other protocols onchain.
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Ignas | DeFi
Ignas | DeFi@DefiIgnas·
Thanks for context. I know it's a problem hard or impossible to track due to ETH's block time and other LIQUIDITY related issues. There's probably no way to actually provide accurate pricing in these kind of scenarios: liquidity just needs to be deep. No shortcut here (especially for the mainnet). I don't think Chaos labs criticized Chainlink much here; just admitted the risks of long-tail assets are not worth the risk.
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Ignas | DeFi
Ignas | DeFi@DefiIgnas·
Another consequence of 10/10 crash: Aave is removing volatile alts as collateral: $CRV, $UNI, $ZK, $BAL, $LDO, 1INCH, $METIS, $CAKE During the crash, oracle prices jumped 15% to 50% in single updates. Some feeds lagged by minutes posing risk of bad debt: If the oracle shows a lower price while price on DEXes haven’t moved yet, attackers deposit another asset, borrow the underpriced one, dump it onchain, and repeat until liquidity is gone. ------ This happened with $CRV. The Chainlink feed showed ~0.21 while on Curve it was still trading at ~0.36. A 58% gap that lasted long enough for attackers to drain ~$200K ------- Same thing with $ENS. One user made over 17 WETH because the oracle lagged while price on Uni LP pools stayed higher. ------ These assets also earn very little for Aave: - Borrows: $CRV (highest) $80K per year while others $37 - Collateral: $14K over the last 3 months for 7 alts! High risk, no revenue. So Aave voting to set LTV to zero and removing them from borrowing. Another reason not to hold alts this cycle. As a delegate, I also voted 'For' the proposal. (P.s. Massive shoutout to @chaoslabs for proposal research and execution)
Ignas | DeFi tweet mediaIgnas | DeFi tweet mediaIgnas | DeFi tweet mediaIgnas | DeFi tweet media
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Ari Kiry
Ari Kiry@ari_kiry·
Alpha hiding in plain sight @FolksFinance drops a hint about "a new LST" right after their TGE + #Chainlink BUILD kickoff Not naming names… but timing couldn’t be better for @stakedotlink
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Jonny Huxtable
Jonny Huxtable@HuxtableJonny·
Voting has started for $SDL stakers to allocate cubes to BUILD S1 projects. Make sure to vote to have your say on which projects the DAO allocates the protocol's cubes to.
stake.link@stakedotlink

BUILD Rewards S1🏗️: Voting is shortly LIVE!🗳️ The @stakedotlink protocol Cubes are at the gates, and $SDL Stakers must now decide our allo strategy via two separate snapshots: 🟪Early Unlock vs. Loyalty Pool: Do we claim early & forfeit tokens, or wait 90 days for the Loyalty Pool bonus? (Ends Nov18) snapshot.org/#/s:community.… 🟪Cubes Allocation: Where should the protocol's Cubes be split across the 9 BUILD projects? (Ends Dec9) snapshot.org/#/s:community.… 🟪Who decides the Cubes allocation? Like all the @stakedotlink DAO decisions, $SDL stakers are the ones who determine the strategy via $reSDL holdings (rewards snapshot taken Nov 3rd, time-weighted average). 🟪Who is eligible for the Rewards? $SDL Stakers, $stLINK Holders, Curve LPs (as 50/50 positions, incl.Beefy), Node Operators & Core Contributors. 🟪Where & How can we claim? The stake.link protocol claims tokens on behalf of eligible users. You will claim your tokens directly from our website. ● Distribution will be done as quickly as possible (minimum 1 claim per month) across the 90-day unlock period. ● This means you will receive at least 3 claims + a final claim for Loyalty Rewards (if we choose that path). ⚠️Beware of phishing sites. Always confirm the URL is stake.link before connecting your wallet. We will never DM you. Stay vigilant.

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