/indigo

Spice dealer | Building @BaselineMarkets

[/indigo @_ndigo]

It's been 5 years, and crypto is still dealing with the same shit.

Rugs, extractors, and just plain bad tokenomics.

In this article, I wanted to show my perspective on why these things happen, and some of the core philosophy behind what we're building @BaselineMarkets.

[/indigo @_ndigo]

https://t.co/R5xJ79GESf

[/director @fullyallocated]

I was playing around with some simulations for different tokens and found something I consider to be a pretty big deal

@bankrbot tokens (@dopplerprotocol tokens?) on DEXScreener drastically overreport their liquidity.

For example, take $AEON: 2.3M Mcap, 1.1M liq right?

Nope.

There's 427K in liquidity.

800K AEON liq reported -> 230K AEON liq real
355K WETH liq reported -> 200K WETH liq real

2.5x overreported. Be careful aping these tokens based on screener reported liquidity.

The extra liquidity reported here is coming from fees (570K in AEON + 155K in WETH) -- this does not remain in the pool, and is collected/withdrawn.

Confirmed the real liq on Doppler's own website.

@dexscreener @GeckoTerminal please fix this asap

[/indigo @_ndigo]

@mewn21 Alts doing much better this time around

[「 𝕲𝖔𝖔𝖓」 @goon_crypto]

https://t.co/0ducstI35E

[/indigo @_ndigo]

@LukeParkerDev I built cx for exactly this reason. Its a stripped down LSP with a cli, using only tree-sitter.

https://t.co/DA8DTxo4jY

[/indigo @_ndigo]

Yuge

[zefram.eth @boredGenius]

IMO TamaSwap is a milestone for the crypto industry.

It marks the start of a new era where protocols prove security not via expensive audits but via mathematical proofs. The cost of innovation goes from 6-7 figures to 0.

In this era, code really is law.

[Baseline @BaselineMarkets]

For the first time ever, a live token is migrating its liquidity to Baseline DEX.

@reppo, the most traded token on @Virtuals, is making the move.

But why would they leave the DEX they're already on?

[/indigo @_ndigo]

@BaggerWalmart tempo has a cracked team but unfortunately is controlled opposition from stripe afaict

[lethe @0xl3th3]

The @asph0d37 playtest has begun. It will run for one week.

As well as a permanent mainnet item for Asphodel and @kamigotchiworld, there's $3333 in rewards available, split between in-game goals and a content competition.

Start playing at the link below!

[/indigo @_ndigo]

@raulvk Reminds me of derp from hoprnet/gnosis vpn

https://t.co/T3pWse9EJk

[/indigo @_ndigo]

@ADPthegreat Good on them. Makes a ton of sense. The data needs for most chains would be significantly cheaper than what HL deals with

[/indigo @_ndigo]

The data story for blockchains is so absolutely retarded.

Data engineering has moved lightyears and we're still stuck with RPCs getting abused into being shitty data ingestion pipelines.

Thank god for the maintainers of the open source indexing systems like ponder, graph, rindexer, etc. I refuse to use one of these proprietary solutions.

Literally every chain and rollup should be providing every historical block as a public good inside of an s3/r2 bucket as parquet files. Add a iceberg/ducklake catalog and this will solve 90% of data efficiency issues.

As a builder, it should be so fucking simple to get your data needs fulfilled.

@ethereumfndn @base @megaeth @arbitrum bls save us some headache.

[/indigo @_ndigo]

@real_philogy Really sick demo. Donated some, hope you get enough funding 🫡

[/indigo @_ndigo]

@0xdiid So fucking cool, great work.

[/indigo @_ndigo]

@VictorTaelin I think this is more profound than it seems on the surface. it reflects a deeper reality of american vs chinese culture when it comes to knowledge. eastern cram school rote repetition vs western techno-meritocratic survival of the fittest.

[/indigo @_ndigo]

@apoorveth Although @BaselineMarkets will still have a deployment on Base, we've migrated our token $B and @kamigotchiworld $ONYX to mainnet. Feelsgood.

[/indigo @_ndigo]

@banteg @A_Leutenegger @_Dave__White_ Played sekiro after I played elden ring last year. Highly recommend. Once you get used to from soft combat, sekiro becomes a lot more approachable.

[/indigo @_ndigo]

@codegraph This is overly complicated. LSP already does all of this using tree-sitter. And I've stripped it all down into a very efficient CLI tool for agents. Check it out.

https://t.co/DA8DTxo4jY

[/indigo @_ndigo]

@apoorveth Awesome. Needs to be standard part of wallets

[Baseline @BaselineMarkets]

$B is live on ETH Mainnet!

‣ Starting at $39M MCAP
‣ No team/VC allocation
‣ 56% circulating and 44% to liquidity at launch
‣ Every single trade earns Baseline points (details coming)

Head over to https://t.co/vXFjgXN9c9 and start trading.

[/indigo @_ndigo]

@leonardoalt left curve 🤝 right curve