Callan

@saprophetik alt account

[Callan @callansarre]

@calmanxx @0xCygaar Yeah the UX isn’t perfect. WETH is an erc20, which makes it easier to treat the same as other tokens in smart contracts. Nothing can ever replace ETH on chain since it’s hardwired into the network and is totally inextricable.

[Callan @callansarre]

@calmanxx @0xCygaar I think you’re right that it has more functionality for the most part. However, ETH has utility that WETH does not, like being used for gas fees and staking.

[Callan @callansarre]

@_Nick_Diller Surely you mean monologue?

[Callan @callansarre]

@0xngmi afaik the protocols aren’t at risk, but the users that use WBTC as collateral could be at risk of liquidation in the event WBTC crashes.

[Callan @callansarre]

@HEBurro @yuda_furu @banteg @TallyCash

[Callan @callansarre]

Having so much fun playing with @midjourney_ai

[Callan @callansarre]

@CryptoSnooper_ I’ve started using @TallyCash wallet and it’s great. Behaves the same as MM and is built completely open source.

[Callan @callansarre]

@lookonchain These tokens behave like decentralised betting markets based with the assumption that:
1. People will buy if their team wins.
2. People will sell if their team loses.

In reality I expect to see coordinated P&D schemes to wreck the average punter playing the fair game.

[Callan @callansarre]

@banteg I recommend folk check out @TallyCash as well!

Amazing decentralised wallet built by community.

[Callan @callansarre]

@itsjustamar Hey thanks for sharing so openly, relatable stuff!

My approach would be: own the mistake and reinforce “this is why we adhere to process” and then “if you make this mistake, here is our new process I just built 😅”

[Callan @callansarre]

@Hedge_Driver @CurveFinance The % fees are the same, but the ROI is proportional to volume. When volume increases, the ROI increases as above.

[Erik Voorhees @ErikVoorhees]

@MerrynSW It solves the problem of centrally-planned money. It is money of the market, rather than money "of the state.

It makes the world better by providing a base monetary system that is open, neutral, objective, and transparent for all mankind.

[Callan @callansarre]

@bones4gold @lookonchain Might only ever hear the full story from @avi_eisen

[Callan @callansarre]

@NegronReuben @rogerkver Blockchains ideally operate as open decentralised networks: anyone can join and their nodes are globally distributed.

Therefore, blockchains are theoretically global by default and operate the same regardless of border lines.

Similar mental model to the internet!

[Callan @callansarre]

@bones4gold @lookonchain If the short was the entire play then yeah, but was it?

I read that some of the borrowed CRV hit a CEX and could have been used to leverage in the opposite direction, which is the outcome I’m curious about.

[Callan @callansarre]

@eliasimos In Australia it would be something like “valadizzos”

[Callan @callansarre]

@elonmusk Hot springs

[Callan @callansarre]

@lookonchain “Transferred for selling” is a bit presumptuous… maybe they’re bullish?

[Callan @callansarre]

@joeljohn I agree. Take the CRV short - under collaterilisation would have directly become bad debt in this case.