Daniel Fonseca

Software Engineer & Research at @vm_economics | prev @threesigmaxyz

[Daniel Fonseca @_daniFi_]

@AerodromeFi introduced dynamic fees to concentrated liquidity AMMs. We examined 90 days of flow on Base to understand how it performs across market conditions and what it means for LPs and protocol designers. Our findings 👇

[Vending Machine @vm_economics]

1/ On @base WETH/USDC, the 1bps pool wins calm-market flow. The 30bps pool wins flow in volatility spikes. Neither wins both.

@AerodromeFi 's dynamic-fee pool, which moves block-by-block with realized volatility, is competitive in every regime in 90 days of data 🧵

[Daniel Fonseca @_daniFi_]

DeFi vaults are one of the cleanest signals in crypto,but not all vault capital is the same.

Some sectors attract sticky, long-term allocators. Others ride the wave and quietly unwind.

The patterns are becoming hard to ignore 👇

[Vending Machine @vm_economics]

https://t.co/KTo9FxysLi

[Vending Machine @vm_economics]

1/ Minor differences in swap fees can be a driving factor of volume across not just protocols and pools, but across different chains.

Our findings show that trade volume on major EVM L2s are indeed sensitive to changes in effective volume-weighted swap fees across DEXes.

[Daniel Fonseca @_daniFi_]

@monad 0x66A5821Cd7CedBa977E4801219ca35D898326307

[Dromos @DromosLabs]

A New Horizon: Tech Panel

Joining us on Nov 12th to unveil the future of our tech:

Stas Sușcov, CTO of Dromos Labs
Jean-Luc Shorey, Co-Founder of Vending Machine
Matias Nisenson, CEO & Co-Founder of Wonderland
Nam Chu Hoai, CTO & Co-Founder of Hyperlane

Bios👇

[Vending Machine @vm_economics]

Stacked event

[Dromos @DromosLabs]

A New Horizon: Tech Panel Highlight

Introducing @JeanLuc_VM, Co-founder of @vm_economics

Over the past 6 months, Vending Machine has worked with @DromosLabs on dynamic fee optimizations, protocol design, and simulation modeling to enhance protocol efficiency & sustainability

Join us on Nov 12 as Jean-Luc and others explore our future tech, protocol designs, and more

[Daniel Fonseca @_daniFi_]

AMM liquidity provision dynamics can be substantially influenced by tickSpacing parameter set when the pool is initialised.

We, at @vm_economics , explored this topic in this awesome thread 🧵

[Vending Machine @vm_economics]

1/ tickSpacing is one of the more overlooked design parameters in concentrated liquidity AMMs.

It has material implications for protocol performance, influencing:
- Liquidity Distribution
- Expected LP Net Returns
- Trade Execution

Below we highlight some key findings from our analysis 🧵

[Woo Sung @woosung_d]

1/ Clarifying things here - boost APR on validators is an important metric, although I think figure quoted by @InfraredFinance is slightly different.

They're comparing LSTs of BGT (i.e. iBGT, LBGT, stBGT) that earn staking rewards, which are sourced from BGT delegation rewards.

[Vending Machine @vm_economics]

Science is a long-term game, so maybe the incentives should be too?

We've been brainstorming ideas with @bioprotocol around potential incentive flows to align stakeholders.

In the name of science.

https://t.co/GE5Hy6Zwzz

[Daniel Fonseca @_daniFi_]

@VM_TokenDesign @InfraredFinance @berachain Chad protocol, chad products, chad VM team 😎

[Daniel Fonseca @_daniFi_]

@InfraredFinance 's products, iBGT and iBERA, promise to take @berachain PoL to the next level, providing a combination of optimised consensus rewards and liquid BGT usage.

Check our article to find more about these amazing derivatives!

[Vending Machine @vm_economics]

We've been cooking with @InfraredFinance on their economic system.

To celebrate the launch of @berachain PoL, we want to share what's going on under the hood.

If you like DeFi games, you will love this write up on Infrared's flywheels and benefits.

https://t.co/cGi2ZFDHvS

[Woo Sung @woosung_d]

@berachain's $BGT emission formula (based on relative $BGT boost) is increasing concave down — the more boost you add, less each additional unit contributes.

Therefore one might ask, is it suboptimal to maximise $BGT boost on a single validator?
The answer might surprise you...

[Daniel Fonseca @_daniFi_]

I’m generally of the opinion that locked tokens can be staked as long as the rewards from staking follow the same vesting schedule. Net benefit for the chain (higher economic security) and for the locked user (rewards from otherwise idle capital)

[Mike @TrustlessMike]

Brother @SmokeyTheBera come on, allowing VCs & early investors to stake locked tokens is the whole reason why I fought against other cosmos chains, I thought it would be different. Lived long enough to become the villain :/

[Daniel Fonseca @_daniFi_]

@infecteddotfun Registration completed @infecteddotfun
sig:0x91527012b803225f6c3051ce876c00bf717b163a3c54750cf6e5f9d24f6825f23ac0db75a3e058bcd3b154010b6b9f21a6fc259d44820a

[Daniel Fonseca @_daniFi_]

At @VM_TokenDesign, we explore a new token launchpad for @bioprotocol BioDAOs tackling early-stage liquidity, fair distribution & capital efficiency. It offers flexible fundraising via live bonding curves & threshold auctions - giving BioDAOs tailored funding solutions.

[Bio Protocol @BioProtocol]

.@VM_TokenDesign published a new report exploring funding models in Bio's new token launchpad.

Benefits to $BIO holders include:
🌱 Early access to new tokens
🧪 Token sink locked in liquidity positions
⚙️ Launchpad fees earned by the protocol

Live in Q1 ⌛️

Learn more ↓

[Jean-Luc @JeanLuc_VM]

1/ Bio Protocol is introducing a new approach to token launchpads. Existing models often struggle with early-stage liquidity, fair distribution, and capital efficiency. BIO’s launchpad provides the option of live bonding curves and threshold auctions to support new BioDAOs.

[Vending Machine @vm_economics]

More info on the launchpad design here!

If you have thoughts or ideas, definitely share them in the discussion board (found in the quote tweet)

We are taking ALL community ideas onboard and keen to discuss

[Bio Protocol @BioProtocol]

A new BioDAO funding mechanism is proposed for Bio's launchpad by @VM_TokenDesign

Designed to be more permissionless & autonomous vs. the current auction design, the new model is aimed at enabling:

> more BioDAOs
> more launchpad fees
> Bio treasury growth

Discussion below ↓

[Daniel Fonseca @_daniFi_]

@CriptoFeminino Não incluis $VVAIFU ou $HAT? Agregam diferentes frameworks