Early signs @jito_sol's BAM is changing oracle-update scheduling.
Not a perfect measure, but we bucket each oracle update by where it lands in the block, then measure how far each builder is from a perfectly even distribution. BAM’s May slots show the lowest “uniformity gap” in this data set.
If makers can refresh quotes more predictably, they should face less stale-quote/adverse-selection risk. For SOL-USDC that could mean deeper liquidity at larger clip sizes; for thinner pairs, it could lower the spread cushion makers need before supporting the market on @solana.
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one of the greatest april fools pranks ever was george plimpton (at worst third-best sports journo ever) doing an SI piece on a tall pitching prospect that threw with a big windup like a catapult, hit max speed of 120 mph on his fastball, and trained with tibetan monks. The story worked so well opposing GMs called the league office to try and get the fake player banned
wemby is actually that guy
in a banner year for embarrassing ethereum leadership gaffes perhaps the worst was the coterie rah-rahing a losing war because they believed the people of iran would rise up in support of their schools and hospitals getting bombed and the reinstatement of a monarchy lmao
Reza Pahlavi lost 200 thousand followers on Instagram when restrictions on international Internet in Iran was lifted.
Looks like Pahlavi is increasingly becoming unfamous and more hated, even among its own supporters from Iran.
"Put differently: perps are a trojan horse to bring all of tradfi onchain. The current fees and users are a prize, but more important could be claiming the gateway that brings the rest of the system with it. Whoever wins the battle for Sunday might just win the whole war."
@EricBalchunas we're gonna need new indices/etfs if VCs are going to be able to dump unprofitable low float/high FDV coins on passive index funds after marking it up 10,000x on private markets first. this is honestly much worse than anything i've seen in crypto, bc we don't have passive buying
@brian_smith_0 I think I had a shoulder appearance but it could be any number of portly bearded guys so I'll be having a cigarette and staring into middle distance later
Of 21 SOL/USDC trades on SOL, 1 had a worse fill compared to Binance (-0.20 bps)
Solana is the best place to trade spot in crypto. Soon JTX will prove that
.@buffalu__ from @jito_labs on why Solana is the best place to build in crypto:
"Solana is the clear leader for smart contract networks, without a doubt. If you're starting a new project today, I think the most obvious option is Solana."
"New projects are hitting insane revenue numbers super fast without incentives, very shortly after launching."
"There's still a lot of work to do on the perp side. We're super confident that Phoenix will be able to pull it off… outside perps, I don't think there's really any competition."
"The Solana network is probably the network that is upgrading the fastest… overnight, your application might get twice as better."
ICYMI: SOUTH KOREA’S 7TH-LARGEST FUNERAL FIRM “PARENTS’ LOVE” INVESTED 59.5B WON ($39.7M) IN A 2X LEVERAGED ETF TRACKING ETHEREUM DAT COMPANY $BMNR - VALUE CRASHED TO 10.2B WON ($6.8M) - PER HANKYUNG
SOURCE: https://t.co/LYyl9hszUW
g(ba)m
Another day and another day of JitoBAM dominance
To learn more about the new things @jito_sol is cooking, catch @brian_smith_0, @buffalu__ and @minnus on the investor relations call today. Register here: https://t.co/VJNCBKF6Ke
Warhorse is great pick for this. Despite being a hyper-realistic high medieval game (there's a quest that's just learning how silver mining worked) their sensibilities/humor align with the books. Lots of funny songs/poems, and deep rooted, if naive, views about good and evil
Lucas Bruder on JTX's killer feature:
"Every time you trade, we pull the order book from the best centralized exchange and rerun your trade on that exchange. Then we show you how much money you saved on JTX."
"It sums up over time. People are going to be surprised."