TheCrypteacher

Teacher | Forever Bullish 🐂 | open source solana financial math library Building

[TheCrypteacher @TheCrypteacher]

Love to see this. IMO the next layer is derivatives, I just ran on-chain options pricing against tokenized AAPL using Pyth. Black-Scholes, full Greeks, and fat-tail model in a single mainnet transaction, 334K CU. Only possible on Solana
https://t.co/Hcp0HIIIQg
Results in program logs
Open source library coming soon

[TheCrypteacher @TheCrypteacher]

@thomasforth Chatgpt threw this out, honestly, I'd buy it!

[TheCrypteacher @TheCrypteacher]

@AzzyXlife @TexasRed191 @solanapoet @solanaspaces @FlashKnob If you wanted to do something at breakpoint in London I have a couple of physicals and live under an hour away from the venue, would be down!

[TheCrypteacher @TheCrypteacher]

@Glampamp @ZhuGMI Yeah I'm not sure what the purpose of amp would be for agents when eg alpenglow hits Solana mainnet soon. Agentic payment methods are definitely needed, but if solana finality is already 100-150ms why use collteral? Still interested to see what the agentic payments idea is though

[TheCrypteacher @TheCrypteacher]

@tleilax___ Nice, I built an onchain IV solver recently that does Li+ Halley fast path, or Jäckel+ householder out of domain, will be interested to play around with this result

[TheCrypteacher @TheCrypteacher]

@therealchaseeb @fierzafajri @colosseum Bringing tradfi RWA structured products onchain, but deterministically priced onchain so they can be used as collateral in defi, best of both worlds

[TheCrypteacher @TheCrypteacher]

@seeksahib If you want to do any serious onchain math on Solana you need a proper fixed point library optimised for CU. Maybe a bit niche but I think it could be useful, hopefully showing some use cases at colosseum https://t.co/HdW8lIFUMg

[TheCrypteacher @TheCrypteacher]

@buildonparasol I looked into zk on solana but run into real CU constraints. What arithmetic are you using? M31 is great for CU, but is insufficient for FRI-style folding. I was considering the quadratic extension M31[i]/(i² + 1) but felt a little out of my depth on the formal proofs

[TheCrypteacher @TheCrypteacher]

@solanapoet Coding on solana looking at that exact picture rn!

[TheCrypteacher @TheCrypteacher]

Finally back to doing what I really love on Solana, collecting some great art! Over the moon with this auction win, finally have a Sirius Crocodile physical coming my way. Also minted some @TenseiExe nfts by @suji_pop, I love how the art scene continues no matter the market

[Sirius Crocodile @siriuscrocodile]

Proud to announce a piece none of the participants opted into 🤝

We cooked anyway.

@solanaspaces x Sirius Crocodile 🔥

24H auction Friday 4/24 • 7:30pm UTC ⬇️
2 physicals included ||| Drip collectible

[TheCrypteacher @TheCrypteacher]

Building structured product pricing onchain, so we can take $100B+ tradfi products, use pyth and xstocks to build the equivalent onchain, and because the pricing happens onchain its verifiable so can be priced as collateral for defi. Tradfi returns with defi composability. Getting the math to fit onchain is the real magic tbh

[Sirius Crocodile @siriuscrocodile]

Last hour on the auction for The Photoshoot at Solana Spaces! 🔥

On offer:
- Digital 1/1 collectible (Drip Eternal)
- Physical A3 print
- 3D printed card with NFC tag
Shipping worldwide

All bidders get two special Drip Legendary cards ⬇️
- Wink
- Dragon

top bid is $500 🤩

[TheCrypteacher @TheCrypteacher]

@NirbhikJangid @MonkeDAO School teacher by day, building solana onchain options pricing by night! You?

[TheCrypteacher @TheCrypteacher]

@seeksahib Buy the same products you can buy in tradfi but onchain (eg worst of 3 index autocall). Earn the yield, but because it's priced live onchain and liquidity is guaranteed, you can potentially borrow against your note's value in defi.

[TheCrypteacher @TheCrypteacher]

@hthieblot Built a rust math library for solana that kills the competition in terms of CU and accuracy. Now building on it chasing onchain-priced stuctured products. Plenty of 0 like posts, but we keep building!

[TheCrypteacher @TheCrypteacher]

TradFi has great returns in structured products. They’re good investments. But you just sit on them. We let you sit on the good returns while giving a valuation and guaranteed liquidity you can borrow against. Welcome to Halcyon #colosseum #frontier

[TheCrypteacher @TheCrypteacher]

Pretty much anything TradFi beyond loans-for-APY on DeFi is bollocks. People have barely attempted options, and even then it’s just Black-Scholes. nnobody has done real structured products.
We have. Worst-of-3 autocallable. Big business in TradFi. Hard math.

[TheCrypteacher @TheCrypteacher]

But not only that, we made the pricing deterministic and verifiable. So any lending protocol can tap in and compute the valuation on-chain. Or run it themselves. Doesn’t matter. It’s verifiable. They know what it’s worth at any point in time. So they can lend against it.

[TheCrypteacher @TheCrypteacher]

@colosseum @solana Bringing tradfi structured products onchain where they belong. Double digit yields for buyers but priced transparently onchain so the notes can be used as collateral.