Guard

He protecc

Adviser @extendedapp

I write about conflict & strategy etc at

[Guard @PoorGuard]

OK I'm redoing the substack.

This time I'll write it a bit like I would write a textbook on strategy and operations.

(except I'll be less obsessive about finding the right references every time since it's just a substack and very much "take it or leave it" kind of advice)

[Guard @PoorGuard]

@thomasoncrypto oh no I'm not that much of an unc unfortunately

[Guard @PoorGuard]

One of the student houses I lived in still had one of these (and it worked, it was how you paid for electricity in that house)

To give you a sense of how incredibly advanced the UK is in its infrastructure

[Müllmilch @Millmilch]

@Leooo_l0 @grok It's like this coin-operated prepayment gas meter

[Guard @PoorGuard]

Also to the discovery of cholera as a bacterial disease--before this they thought it was spread by "ill humours" in the air

Really great pump! London is full of these kinds of things

[ghostly anne of cleves @mollywidstrom]

john snow figured out dirty drinking water was causing a cholera outbreak at this specific water pump in london and that lead to water treatment which saved millions if not billions of lives

[Guard @PoorGuard]

(Matt Berry is hilarious btw, absolute comedy genius)

[Guard @PoorGuard]

British John Wick btw

[No Context Brits @NoContextBrits]

Should Matt Betty be the next James Bond?

[Guard @PoorGuard]

@beniduboss @0xtorpid but temptation of what? "as he entered through the door SUDDENLY HE WAS STARING INTO THE BARREL OF A GUN!" (End of chapter)

(Next chapter)

"The antique gun hung on the wall next to the door (etc etc)"

[Guard @PoorGuard]

@0xMerp *active expansion plans with live partnership discussions with tier 1 partners for US and Asia btw

Europe is just the market where we have the reg & partner edge and can become the infra layer for every CEX, DEX and Fintech company

[cyber @cyberxtremog]

told ya it is $XTEN season

Circle, eToro, BitPanda, Bitvavo integrations are coming

Bilions of FDV soon imo, XTEN it

[Stani @StaniKulechov]

First they ignore you, then they laugh at you, then they fight you, then all stocks are onchain

[Guard @PoorGuard]

oh we're already on the Constantinople-paying-Sassanids-for-Peace part of the American Empire's decline? who would have thunk it just a few years ago

[The Hormuz Letter @HormuzLetter]

BREAKING: Saudi Arabia offers Yemen's Houthis $1 billion through Tehran to halt their attacks as part of a ceasefire, with Defence Minister Prince Khalid bin Salman flying to Iran to negotiate it and even bringing the money with him aboard the C-130 aircraft he arrived on, per diplomatic Gulf sources to Israel Hayom.

Iran offered to mediate between Saudi Arabia and the Houthis. It was represented by President Pezeshkian, SNSC chief Mohsen Rezaei and senior IRGC officials. Turkish intelligence chief Ibrahim Kalin and Pakistan's army chief Asim Munir were also taking part.

This is one of the biggest concessions from the Saudis yet.

[Guard @PoorGuard]

@HyperliquidX (we love Hyperliquid, nice to know their community and ours intersect which we always expected, stay safe folks)

[Guard @PoorGuard]

Same comment for the @HyperliquidX XTEN listing;

trading is fun and sometimes you don't lose money, but:
a) it's not the Extended team's doing and
b) I would be careful before using this to hedge airdrops or whatever

[Guard @PoorGuard]

all good fun and all, but I would be a little cautious about trading the XTEN pre-market

as far as I can tell, the price feed doesn't seem to be based on anything and nobody from @Lighter_xyz has been in touch with the @extendedapp team

This is lighter on a frolic of its own

[Trader—汤老湿.XTEN @PerpTraderKing]

简而言之的总结归纳：

1、Extended 把长尾永续做成开放 RFQ：不做内部唯一 LP，任何人 API 都能接单；这点区别于 @variational_io 的rfq模式，因为var的rfq模式下，社区金库OLP是唯一做市商。

2、屏幕是指示盘，成交在真实盘，市价最多 1.1 秒 11 步、超滑点就撤。

3、近 30 天 App 端 RFQ 市价成交率 95.3%，中位相对指示价滑点 0。

4、费率反过来——你下单付 taker，做市商接单付 maker（现 0）。

5、BTC 等仍走订单簿，长尾走 RFQ，同一账户可交易。

对于我们用户的好处是：

RFQ = 用「按需接单」换「长尾上架 + 不占满仓保证金」。开放 API 做市，平台不做对手方。

指示盘看价、真实盘成交——别把屏幕盘口当成可成交簿。

市价有硬滑点窗（1.1s/11 步），不成交就撤，故意不做扫簿闪崩。

费率对做市商「接单=maker 0 费」是激励；你下单一律 taker。

视频做了详细说明。

hey @bot 你还有补充说明吗？ @grok

[Guard @PoorGuard]

By the time you are asking an individual to save your (large) organization, it is usually too late for the organization

Build them up right and fix bugs as they come, make them self-cleaning and keep to as few rules as you can

This takes genuine creativity and it's very hard.

[Michael McGill 🏛 @mcgillmd921]

Cincinnatus, being asked to leave his farm to save Rome again.

[Guard @PoorGuard]

@GrayWa @Lighter_xyz @extendedapp I have no problem with any of this--just saying this is nothing to do with the Extended team (I've seen plenty of people thinking this might imply some partnership between the two projects, which is false) and to be careful in thin books with arbitrary price feeds. That's all!

[Guard @PoorGuard]

all good fun and all, but I would be a little cautious about trading the XTEN pre-market

as far as I can tell, the price feed doesn't seem to be based on anything and nobody from @Lighter_xyz has been in touch with the @extendedapp team

This is lighter on a frolic of its own

[Guard @PoorGuard]

@bitbanter @toly and trillions of capex spent pushing them around

[Guard @PoorGuard]

@thomasoncrypto where do I join

[Guard @PoorGuard]

@StayRoamer @Lighter_xyz @extendedapp That's a really long way to say "we made it up", wordcelgame recognize wordcelgame 🤝

[Guard @PoorGuard]

@mattbcapital @Lighter_xyz @extendedapp https://t.co/Q3Bmrj2P10

[Guard @PoorGuard]

@thyBEAST20 @Lighter_xyz @extendedapp arbitrarily priced is the point, it's a thin book, I know people who could write their initials on the chart with the PA if they were so inclined

[Guard @PoorGuard]

@AndyNover @Lighter_xyz @extendedapp I'm saying it's a thin book with an arbitrary price and with those you have to be careful, that's all

I mean it's obviously also too low but that's not what I was saying lol