We've had a great year at @QuintessDao β₯οΈ
Through the wins and losses and the laughter we all shared together.
Happy new to everyone.
To end the year, @anselm_ikeyi made this banger artwork.
Tag who you can see in the comments. ππ»ππ»
Contributor is given based on quality X contributions and is handpicked by team.
Based is the current highest achievable role and it's given by team based on a combination of X contribution and discord contribution.
Why draw this?
So, think of @DroseraNetwork like Men in Black.
Being silent, going unseen, always on their guard.
But this time, instead of hunting aliens, we hunts lies, inefficiencies, and exploits while trapping them before they reach the system.
So, that is to say Men in Traps = Drosera at work.π§‘
Perps trading on High Frequency Trading Dex looks like the solution to CEX perps trading but is that actually true?
On 23rd of June @lookonchain analysed how @AguilaTrades lost nearly $35M to the perps market flipping between long and short positions that could be tracked onchain.
https://t.co/fABjvbrqT0
Here is the link to track the wallet currently with a balance of $23K.
At first it seemed like bad decisions and market timing were majorly his issues from Israel - Iran war tanking the market losing $12.49M, but as quickly as he took a short position to edge his bet on that he found himself in a losing position too.
By the way hyperliquid once targeted an illiquid futures trade in March, JellyUSDT perps that would've rekted them),
Which begs the question?
Was he purposely being tracked and having traders hedge against his positions to stop hunt him?..
If yes?, how could this have been avoided?...
Well permit me to introduce you @0xfairblock.
Purchase volumes, pricing/margins, supplier and treasury relationships, and timing all become legible to competitors and data brokers by tracking wallets.....
you might ask what's the solution?
By using technologies like identity-based encryption (IBE), Fairblock prevents front-running and information leakage, ensuring that orders, stop-loss levels, and positions remain private until execution.
This creates "incorruptible markets" where whales cannot see or prey on clustered stops, eliminating the ability to manipulate prices specifically to hunt them.
To the @QuintessDao community,
Weβre thrilled to share that @JitocabalNFT has granted 6 exclusive whitelist spots to our community! ποΈβ¨
Follow us,
@JitocabalNFT@satisflo@frankndefo
-Like, RT this tweet
-Tag 3 friends &
- drop your SOL addy
48 hrs π
stay vigilant. π