hopf

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@smyyguy Don’t have to recruit a validator set and can mix eth + native toke security?

I think the practical argument is you get to tap into some vague notion of ETH alignment and EL marketing

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@capitalgrug I think this makes sense theoretically

But practically, I haven't really seen any organic activity on L2s other than base meme season earlier this year

I actually bridged basically all my money back to mainnet b/c all assets of interest live on the l1

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@maxresnick why is useful to have eurodollar volume on-chain?

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@j0hnwang Not sure prediction markets fundamentally require crypto (e.g. Kalshi exists) -- could argue reg arb + decentralized event triggers/settlement are features

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@0xBalloonLover mira murati trying to displace herself?

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@friendtech TIA and DYM stakers

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@pumpdotfun has broken the VC memecoin assembly line

[Pledditor @Pledditor]

The Web 3 VCs are miserable right now. 🎻🎶

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@KirbyLarp Ethena

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@mert dogwifhat

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@SolanaLegend @ShaneBarratt @dflow how exactly?

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@0xrwu think it helps in that you can effectively buy dedicated blockspace for your app but still misses the biggest value add of appchains imo, which is customized execution/consensus

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@gakonst @AcrossProtocol

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@buffalu__ @AntonioMJuliano The primary owner of users/order flow/value gets to customize consensus and execution to their liking -- only apps that integrate nicely with the primary app deploy on the app chain

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@tarunchitra yea exchangeability is a major cop-out

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@dubbel06 @colludingnode @7LayerMagik @durdenwannabe @jito complicated b/c DEX LPs benefit from sandwiches, so unclear if it really is in the DEX's benefit to skip those leaders

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@snoopy_mev In expectation, LVR and IL should be the same tho, LVR just lower variance measure

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@snoopy_mev This is a technical detail, but that is IL imo, LVR is how much do you lose relative to a strategy that replicates the AMM LP trades but at CEX prices instead of AMM prices

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@maxresnick First price order block A, first price order block B, smash them together? w/200ms block times, that seems quite reasonable