Had a great time hacking for @BordelWTF during @EthPrague. I used @ETHGlobal wristbands and other Ethereum wallets to generate a signature for gated-access to the facility and other programmable things onchain with membership inclusion proof and ecdsa recovery inside of @NoirLang -compiled circuits
@KubanDigital@JaromirTesar Probably the cost to arbitrage at thin margins make it difficult for things to maintain peg as well… many hate talking about bots but market maturity usually brings in those that help keep prices stable by profiting in market asymmetries
@whaleUTXO@IOHK_Charles If Cardano wants to grow projects must demonstrate value creation and accrual so that outsiders want to invest and bring money into the ecosystem
@whaleUTXO@IOHK_Charles This is what’s troubling about having Catalyst/Treasury/etc where all the growth is endogenous to the network already… you can’t “grow” if the money is just coming from within since it has sell off effects if it is to be used as it is thought of
@SynthLuvr If there is meaningful amount of value to arb/extract the bits will come in at those times… most people are either naive or in denial about that fact given volumes in Cardano have been low that the opportunity costs is usually pretty slim for larger outside parties…
Focus Check!
Reboot Check!
Working with great projects, Check!
After a rough personal year, the Token Lab is getting rebooted and helping contribute to the design of innovative mechanisms in the blockchain space
#DontCallItAComeback#Cardano#Reboot
@JaromirTesar Oracles - There are a few native Cardano solutions out there but none really battle tested. We saw Liqwid have two issues with price defaults due to an API
Tokens w/ no use case - DeFi hinges on trading valuable things can argue projects launched tokens way too early…
@JaromirTesar IMHO the key things are
Liquidity - like you pointed out, one because of slippage for sized trades.
Fees - As much as everyone liked to hate on ETH fees Cardano is one of the most expensive chains to use making arb trades not profitable.
@Nobuya23 Cardano as an ecosystem has played too hard the them against us or “we’re different” card that no one outside want to do anything with it… mindset works for something like BTC, but in this case has been more detrimental than positive
Want to give a huge shoutout to @BendingAI! Really cool platform and a lot of the things I would have tried to build out given time and talent (mostly talent ha) You can learn a lot from their site! #Cardano
@agentic_t@TheUnpopularEL@IOHK_Charles Better question is why do we need to build bureaucracy on-chain? We don’t need blockchains to do that it’s already there. Were here because we have created done just that and with token distributions from founding entities dwarfing community users is it really decentralized?
The new Xerberus Risk Model sets the standard for RiskFi:
Unmatched risk assessment, built to scale.
The model evolves becoming more sophisticated, more precise, and more powerful.
Born on Cardano, and soon everywhere.
Keep your tokenomics simple, because complexity often hides misaligned incentives that can lead to long‑term failure
Security by obscurity is a bad bet in open-source software - particularly where financial incentives are in play
@TobiasIlskov You could upload encrypted data on Arweave (or a similar storage-based solution) and then link it to an account/wallet… we did this on a Ethereum-based project and the integration of Arweave as the encrypted storage solution and linking it to a wallet made the data piece easy
The $XER launch, countless investigations with SIREN, the Xercher node upgrade, the creation of the holacracy, and the APP update.
Everything brings us closer to our new Risk Rating Model.
Don’t fret, all will be revealed soon.
This is a deep-dive research paper on Liqwid Labs that is a part of our Catalyst proposal. It's intended as a research-based approach to looking at the token and identify potential attack vectors and ways to strengthen them.
https://t.co/MR1kBJ8ssK