Fidelity, one of the world's largest asset management firms, is moving onchain with stablecoins
They chose Uniswap as the liquidity layer
Pools for $FIDD are live on the protocol
Introducing Llamalend v2
A new lending framework built around Curve liquidity
- Use Curve LP tokens as collateral
- Isolated market risk
- Improved range-based liquidations powered by LLAMMA
- Better market security
Launching first on Optimism.
https://t.co/9dG7NjBqLZ
the _toy_ language Fe is the perfect example of ivory tower building. it's not only a misallocation of funds but a complete lack of vision for what actually matters in the real world. Vyper is the uncapturable, formally verified, cypherpunkish surviving smart contract language this space actually needs. not a circle-jerked theoretical language that still hasn't been prod ready after years. if you're bullish on Ethereum, you _must_ fund Vyper, there is no other choice.
argot was spun out of ethereum foundation with a mandate to maintain ethereum's core programming languages and developer tooling.
then it immediately begins to launder research as if it was core infrastructure maintenance.
if you read their blog, they spend a lot of resources on fe, a language that has been "emerging" for over 5 years. they have long plans for fe, while the language itself has seen zero adoption and zero production use. their long term goal is "non-trivial contracts in production-like setting".
meanwhile vyper is actual production infrastructure. it secures real protocols, with real users and tvl, and real audit surface. curve, lido, yearn, frax, velodrome all use vyper.
yet vyper lives grant-to-grant, while argot started with a $16.6m check, about as much as ethereum started with.
argot doesn't disclose how much time and energy it spends on the fe fantasy versus solidity, sourcify, hevm, or other genuinely core tooling. but clearly this pet project abuses and stretches the mandate. even though it's a programming language, by no serious measure it's "core". it should spin out and try to survive and prove demand independently.
production compiler maintenance should get baseline funding before speculative language incubation gets considererd.
vyper is in good shape today despite the ecosystem, not because of it. and it still does not sit right with me that resources keep getting misallocated away from the compiler people actually use.
ethereum keeps saying "public goods", then funds the toy compiler like infrastructure and makes the production compiler pass the hat. that is not stewardship.
btw very appreciative of the work @nachortti has been doing with us on project odin, but i do want to call out that on the grants side the EF is funding all kinds of formal verification and stack spilling projects.. when we have just kind of already done it? it almost feels like the EF is going to extra lengths *not* to fund us 🫠
"- from my seat at the EF, working on devex. A short-term fix for stack-too-deep is in sight, while solar, solx and the solidity team work on the real long-term solution"
?? vyper already has stack spilling algorithms and are even formally verifying the stack spiller and scheduler. why aren't we getting funded or even recognized for the novel work we are doing?
A new DeFi risk website appears: https://t.co/Pi0UVUyLbK
Currently @CurveFinance has the top score👀
Anyone can copy prompts and submit risk reports for any protocol, very cool