dudesahn

doggo

[flyingtulip.com @flyingtulip_]

Total Return Swap (TRS) is now live on Flying Tulip, and it is more than another way to trade with leverage.

TRS is an instrument institutions use to gain leveraged exposure to an asset without owning it, now built on the same infrastructure Flying Tulip already uses for lending, borrowing, trading and settlement.

Here is how it works👇

[Andre Cronje @AndreCronjeTech]

After many years, Anton (@AntonNellCrypto) finally discovered the camera.

For those tired of hearing me talk about defi, onchain finance, FT and everything in between, here is another perspective.

Anton has seen a lot of the industry from the builder side, long before Flying Tulip existed.

https://t.co/GYe8SuzCvY

[More Than Speculation @morethanspecpod]

"People think that DeFi is dying, instead, I think that the early version of DeFi is slowly dying"

Anton, co-founder of @flyingtulip_ shared his view on the problem of DeFi and where is DeFi going.

Timestamps
00:26 Intro & Anton Nell's background — Andre Cronje's right-hand man
00:54 Flying Tulip explained: solving DeFi's capital efficiency problem
06:26 FTUSD stablecoin & lending market — products live now
08:43 Why Anton left DeFi in 2022 & why he's back
13:06 Roadmap: TRS, leverage trading & the one-stop shop vision
19:17 The unique put model raise & how it shapes how they build
23:41 DeFi is dead, long live on-chain finance — Anton's closing take

🎥 @AntonNellCrypto

[Flex @flexmeow]

a new household loop just dropped 😻

yvcrvUSD-2 finds the best crvUSD yield opportunities on mainnet and optimizes allocations between them, currently mostly allocated to llamalend

you can now loop it on Flex

all your favorite DeFi protocols in one place

surely it can't get better than this...
or maybe it can? 🦛👀

[banteg @banteg]

this wild defcon talk is finally out

researchers created a fake defi startup, hired lazarus it workers, put them into a sandbox and recorded their tooling, workflows, and faces from inside the operation

starts at 5:46:09
https://t.co/NBo6pw4nOl

[fiskantes ⭐️🩸 @Fiskantes]

Casual reminder everything is a meme, some memes are just much better, more widespread and resilient than others

https://t.co/GQgg9Dou8Y

[alexander @wagmiAlexander]

@rbthreek @0xamericanspiri I think folks thus far have struggled to parse the legally okayed talking points from @jessepollak / @brian_armstrong and fully wrap their head around what will make these an absolute game-changer.

[Andre Cronje @AndreCronjeTech]

One useful outcome of the onchain-finance discussion is that people are asking better questions.

Not only “is it decentralized?” but:

Who can upgrade?
Who can pause?
Where is collateral held?
How are liquidations executed?
Who bears losses?
What is measurable onchain?

Better questions produce better financial systems.

[Resupply @ResupplyFi]

Resupply Summer has officially begun

1/

[Andre Cronje @AndreCronjeTech]

USDC & USDT still earning 10% on ftUSD.
Burned unallocated 9bn FT bringing FDV to 100m.
Spot & TRS in private beta in discord.

Full update in blog below.

[Andre Cronje @AndreCronjeTech]

Asking the algo gods to increase my feed with content from the following ecosystems;

@Panoptic_xyz
@DeriveXYZ
@ethena
@CurveFinance
@AerodromeFi
@yearnfi

[johnnyonline @johnnyonline_]

agree the arbitrary rate curve thing is probably suboptimal and def bad ux

slapping rate swaps on top (presumably aave style) seems like a meh patch? underlying price-discovery mechanism is still borked

Flex is pretty cool in that regard bc there is no middleman (eg an interest rate curve, a dao, etc) between the market rate and what borrowers are paying

and as you know a middleman always fucks shit up. here that means rate spikes for borrowers, poor liquidity for lenders, and worse pricing for both

the cat solves this

[dudesahn @dudesahn]

@NalaZ0x @Kritt_AI Any more info about this workflow? Would love to see a write up or repo for it so others could learn and iterate on it; I’ve been playing around with FV a bit but still new to it

[wavey @wavey0x]

my fun weekend project involved modifying the Reth client

i added a custom rpc that improved specialized tracing performance for SlotScan (my contract storage visualizer) by 16x

see how quickly it can now analyze a txn with many complex storage updates:

https://t.co/opiYjxvM0n

[corn🛸 @omgcorn]

I believe this is a world first, there is no other fully onchain REIT right? Very happy to be part of the team bringing this to market.

Groma has another unlock here too, called Rent Vesting. Qualified investors who are renting are now able to earn back a share of their region through Groma.

You pay your rent to Groma, they leverage your payment to both pay your rent and give you back a share of the REIT. Think about that for a second, this is a product that is in it's most seamless form because it is onchain. A true unlock.

Groma is accepting more Rent Vesters right now. And if you live in Boston, RI, NYC, Groma could be the next place for you to live too. A 4 star, 270+ reviewed property manager? Inconceivable, until now.

[Money League @0xMoneyLeague]

Welcome @yearnfi as the newest member of Money League.

Yearn's vaults will provide yield and automation solutions to Money League deployments through custom modules and collateral adapters.

stYFI and yCRV users can now activate their Merit accounts to start mining gold.

[johnnyonline @johnnyonline_]

with the twitter algo back, im getting prime DeFi summer vibes again. simpler times...

anyways, before the blessed DeFi summer 2.0 arrives, figured i'd recap Flex + share a short v2 update for those in the back

🧵🧵🧵

[Michael Egorov @newmichwill]

This is actually something which is needed incredibly much

[wavey @wavey0x]

... many such examples, but here the attacker made $35k profit in just 4 weeks by hanging out in the LP

writeup: https://t.co/STJ9pVNcUm

after discovering this, i successfully decompiled the attacker's malicious oracles and verify them on etherscan