AMM LPs are forced to give away *free* options to AMM traders? This is not intuitive and Uniswap, Pancake, Curve, they should all be unease reading this. They should also find a way to disclose this to LPs, someone will eventually file.
💡 Why do AMM LPs always lose money?
➡️ An AMM gives you the option to either buy or sell an asset at a certain price. It provides this option *for free*
If instead of LPing you'd literally sell options, would you make more money? 🤔
The answer is YES
Analysis below 👇🏼
1/4
Can you imagine what will happen when scammers will be able to
- copy someone’s tone and grammar using LLMs
- clone the voice of your lawyer, doctor, or accountant using audio AI
- send you pictures of people you know using generative AI
No piece of communication will be safe without cryptographic identity. 2-4 years tops.
Exciting News! 🚀
#HTX is integrating with @FireblocksHQ Off Exchange, eliminating counterparty risks for institutional trading firms.
Using MPC technology, traders can mirror assets directly to HTX, enhancing liquidity and safeguarding principal from exchange risks. Complete transparency and risk management without fund custody.
🚀 Exciting news!
@FireblocksHQ introduces "Off Exchange," a cutting-edge tool to tackle crypto counterparty risk.
🛡️ #Deribit is proud to be the first to integrate this innovative solution, ensuring secure and seamless trading.
Read More ⬇
https://t.co/4n9OMXJX68
https://t.co/A3ZNl0uIxe Great contribution from Microsoft - free heatmaps, session recording, GA integration, auto-segmentation, for web and mobile, sweet.
The latest AI wave is the first time we’ve seen a real “innovator’s dilemma” moment in 15 years. Incumbents get to grapple with technology that may not be ready for all uses, while startups can begin where the tech is “good enough” and iterate over time. The race is on.
"In order to ensure that similar instances will not happen again, we have on 2 November transitioned the entirety of our hot wallet setup to Fireblocks"
https://t.co/ZKQuAHuq9z
1/ The CFTC bZX/OoKi enforcement action is interesting because of the last paragraph, namely that the CFTC just looked through the DAO or "DAO" and said it is an unincorporated association and the individuals are responsible.
https://t.co/jACROWxdJn