Astrolab Intern

Wizard of odds, seeker of yields. @astrolabdao intern!
Views are my own

[Astrolab Intern @AstrolabIntern]

Degens don't care about fees but let's talk about it 👨‍🏫

[Astrolab @AstrolabDAO]

TraFi is blighted by hidden costs and management fees, and sadly multiple DeFi aggregators are following the same path ⚠️

1% management fee
== 10% perf fee on 10% APY
== cancels out your auto-compound benefits and exposes you to third party SC risks

Food for thought, right?

Make sure to have a look at fees before your next vault approval:

- Only agree to pay >10% perf fee for long tail/volatile assets auto-compounders or high-value, structured DeFi strategies that suit your risk-reward appetite.

- Watch out for entry/exit fees >.2% (consider it a steal when entry+exit fees are worth more than 5 days worth of yield)

- Avoid protocols charging fixed management fees regardless of perf. Protocols should be accountable for their strategies losses (often hiding behind alt. names such as @sommfinance's "Platform Fee").

Following @yearnfi's lead, we chose to null out management fees from protocol inception.

Stay safe and aware of hidden costs, anon 💫

[Omniscia @Omniscia_sec]

Exciting news! We're currently collaborating with the @eulerfinance team on the audit of Euler v2.

🚀 The Euler team is committed to ensuring that v2 is as robust as possible, and we're honored to be part of this journey!

As always, follow @Omniscia_sec for updates!

[Astrolab Intern @AstrolabIntern]

What a nerd 🥸
Glad to have these dudes as core team @jake_the_slug @qqChart 👀

[JakeTheSlug @jake_the_slug]

Pissed off by mload/mstore loops' inefficiencies in your assembly?

While securing/optimizing @AstrolabDAO with @Omniscia_sec, we've benchmarked EIP-5656's MCOPY.

This new opcode introduced in solidity 8.24 will slash gas costs and boost efficiency. [1/4]

[Astrolab Intern @AstrolabIntern]

Shitcoiners be like 👁️👄👁️

[Astrolab @AstrolabDAO]

Tired of high cost and inefficient airdrops? 💸🪂

With our MultiTransfer, drop your best coin on 2k+ wallets in a single tx.

Users shouldn’t have to spend holiday's money on claim gas, and protocols shouldn't be afraid to distribute their tokens to 10k+ users 👀

As we gear up to launch our next-gen aggregator, we've searched for a transparent point system, featuring on-chain distribution, but claim-free.

How would we dare optimize yield if we can't sort out a drop!? 🛠️

Built on @optimizoor's feather-light #ERC20, MultiTransfer is our answer to scalable, cost-effective token distribution for
- Point systems (transferrable or not)
- Vanilla airdrops
- Reward distribution

It's cool and free to use, come try it or help optimize it further with us, anon 🥷

https://t.co/tHNl1BfZ4J

#DeFi #Points toke

[Astrolab @AstrolabDAO]

🛡️ Audit update 🛡️

Huge thanks to @pashov's @PashovAuditGrp and diligent solo auditors for their deep dive into v1.1 audit! Special shoutout to @MaslarovK & @solthodox for the in-depth vault accounting analysis and ERC4626+7540 compliance checks.

Your efforts are invaluable, and help carve tomorrow's yield aggregation💫

@Omniscia_sec is hard at work and should share their preliminary report with us by the end of the week.
Once all reported issues are patched, we'll be good to re-deploy and publicly open v1.1 🥷

[JakeTheSlug @jake_the_slug]

Had a blast working side by side with @pashov's team, @MaslarovK and @solthodox.

I have been working with 5 top tier audit shops in web2/3, you guys are killing it.

Collab was smooth and very fair price-wise.
One more proof that expertise has nothing to do with age 👀

[JakeTheSlug @jake_the_slug]

Had a blast working side by side with @pashov's team, @MaslarovK and @solthodox.

I have been working with 5 top tier audit shops in web2/3, you guys are killing it.

Collab was smooth and very fair price-wise.
One more proof that expertise has nothing to do with age 👀

[Astrolab Intern @AstrolabIntern]

Follow the whalies, use @AstrolabDAO's Swapper to max out your rates and stop wasting on gas and slippage 🐳💫

[Astrolab @AstrolabDAO]

@paraswap's v6 aggregator is packed with optimizations.
Intent matching decentralization can greatly improve the engine resiliency and transparency.

We're proud to support Paraswap v6 out-of-the-box thanks to our built-in liquidity aggregator 💧

You too can use the SDK and navigate the ever expanding trading seas 👀

It's open source, check it out 👇
https://t.co/IF2Kbf5vti

[JakeTheSlug @jake_the_slug]

PRs welcome, we're still missing @CoWSwap and @odosprotocol!

[Omniscia @Omniscia_sec]

Today is exactly 1 month until Dencun goes live on the #Ethereum mainnet on March 13.

EIP-4844 (Dencun) introduces proto-danksharding to boost the scalability, security, and efficiency of the Ethereum network.

What to expect:
- Faster transaction processing times
- Reduced transaction costs
- Optimized data management

Are you excited for the future of Ethereum?

[Omniscia @Omniscia_sec]

🛡 Partnership Update 🛡

We're excited to begin our audits for @AstrolabDAO, an innovative yield meta-aggregator powered by @LayerZero_Labs, @lifiprotocol and @1inch! 💫

The Astrolab team has been dedicated to developing a superior yield aggregation model, and ensuring its security is our main goal.

Stay tuned with @Omniscia_sec for more updates! 🔔

[Astrolab Intern @AstrolabIntern]

Here we go again 🔒💫

[Astrolab @AstrolabDAO]

@Omniscia_sec is helping us secure non-trivial aspects of #DeFi yield aggregation 👇

- Fine tuned ERC4626+ERC7540 tokenized vault implementation
- Multi-oracle, multi-asset accounting (using @chainlink, @PythNetwork)
- On-chain execution of DEX aggregators call-flows (using @lifiprotocol, @squidrouter, @1inch, @CoWSwap)

And more 👀
#EVM #Ethereum #Security

[Astrolab @AstrolabDAO]

@Omniscia_sec is helping us secure non-trivial aspects of #DeFi yield aggregation 👇

- Fine tuned ERC4626+ERC7540 tokenized vault implementation
- Multi-oracle, multi-asset accounting (using @chainlink, @PythNetwork)
- On-chain execution of DEX aggregators call-flows (using @lifiprotocol, @squidrouter, @1inch, @CoWSwap)

And more 👀
#EVM #Ethereum #Security

[solthodox.eth @solthodox]

Thanks for trusting us, it will be a pleasure contributing to the protocol!🫡

[Astrolab Intern @AstrolabIntern]

FYI @MaslarovK and @solthodox got onboard following @pashov's team, in an effort to provide complementary/challenging security review, good sers 🫡

[Astrolab @AstrolabDAO]

Special thanks to the solo auditors joining the hunt as part of our 2nd audit campaign @chrisdior777 @MaslarovK @solthodox 👀

We are receiving many unsolicited code reviews and pre-audits, which ultimately will help us secure and optimize the protocol🔒⚡️

These efforts, along with the work of @hexens, @Omniscia_sec and @pashov are invaluable.

Let's see how far #FOSS and network effect takes us💫

[Astrolab @AstrolabDAO]

We've been looking forward to this.
Our codebase draws from our peers work @MakerDAO, @aave, @yearnfi, @gnosischain, and more 👀

[Astrolab @AstrolabDAO]

Today starts our 2nd audit campaign led by @pashov's sec team (@PashovAuditGrp) and @Omniscia_sec 👀

These audits target our new yield primitive - StrategyV5 and peripheral contracts (cf. https://t.co/kXOo9JaJ2N)

The team has been working hard these few months to bring a superior yield aggregation model to life, ensuring its security is our top priority🔒

[Astrolab Intern @AstrolabIntern]

Since Devcon, we've retired deep in our lair to work on our new yield primitives, can't wait to show you🐉

[Astrolab @AstrolabDAO]

Our journey so far has been paved with challenges and growth.

Dive into our founder @jake_the_slug's insights on our progress and the developments ahead
👉 https://t.co/rIaCPGpO5d

2024 is shaping up to be our most eventful year yet 🥷

[Astrolab Intern @AstrolabIntern]

Since Devcon, we've retired to work deep from our lair 🐲
Back with new Yield primitives that we can soon unveil 👀

[JakeTheSlug @jake_the_slug]

This is part of our effort to open source the @AstrolabFi's core, and will power all our swaps going forward. Proud to be part of the journey.
If you want to contribute to swapper, PRs and DMs open.
#DeFi #crossChain #DEX