daniel (f1shy)

investment partner @L1D_xyz | cryptography ∩ markets

[daniel (f1shy) @danielfsy]

@lukasruppert i think the only token left over there is @rhea_finance

[daniel (f1shy) @danielfsy]

i remember auditing the 1st augur which had a very similar process with designated reporters staking REP on the outcome. anyone could dispute it in 7d rounds by bonding more REP on alternatives with escalation until a big enough challenge triggered a fork. holders had to migrate to the "true" one or lose everything. slow economic consensus

[daniel (f1shy) @danielfsy]

@omgcorn those roads seem to invite 34+ haha

[daniel (f1shy) @danielfsy]

@rainandcoffee the little oracle that beats the market

[daniel (f1shy) @danielfsy]

@bezzenberger that might violate future agentic labor laws

[daniel (f1shy) @danielfsy]

@XtineFang @nvidia @TencentGlobal

[daniel (f1shy) @danielfsy]

@emrecolakoglu @darkmarketio rocket's edge was not lowering/changing pricing though. they copied and localized popular US products very fast, optimizing for regional specifics (zappos -> zalando, grubhub -> deliveryhero, etc)

[daniel (f1shy) @danielfsy]

@fozzydiablo 'sorry we only co-invest with khloe, sydney or jessica'

[daniel (f1shy) @danielfsy]

a part of the reason why lending against pm shares is hard - you have to underwrite not just the event outcome but also the resolution mechanism

[willo2 @willo2_Poly]

I was just scammed for $500K by Polymarket.

I am "willo2", the top holder of YES on "MicroStrategy sells Bitcoin by May 31st".

Here's what happened:

[daniel (f1shy) @danielfsy]

@pmarca buried in one of the threads, but this is a strong argument for @lugaricano's point https://t.co/UmD7UT3GiM

[will brown @willccbb]

@martin_casado there are two large, capable, and well-resourced entities with clear strategic interests in ensuring open models keep up: China and Nvidia

preventing distillation and capturing market share are in tension. it'll be hard to distill GPT-7-BioChem, easy to distill Default Claude.

[L1D @L1D_xyz]

Proud to officially join the Transparency Alliance with the biggest names in crypto.

Having developed the TTF, we've been using it internally since before day 1.

Transparency is becoming the standard and this is how we bring real institutional trust to token markets.

[Blockworks @Blockworks]

When you buy a stock, you own the business.

When you buy a token, ownership can sometimes be difficult to identify.

The Token Transparency Framework fixes that. The Transparency Alliance drives TTF adoption across every major layer of token capital markets.

[daniel (f1shy) @danielfsy]

- for $NEAR official dashboard (note links to treasury addresses at bottom as well): https://t.co/9qb2C1tEzC

- also "House of Stake" to see amount of locked NEAR and tokenomics changes: https://t.co/pNZUYDnkUf

- $VVV has a very clean unified view of all at https://t.co/huAhuF4mE2

[daniel (f1shy) @danielfsy]

@tomhschmidt its called gradient descent for a reason

[daniel (f1shy) @danielfsy]

@Fiskantes @will__mcevoy 2018 blockchain summit hosted by Branson on Necker Island

[daniel (f1shy) @danielfsy]

@XtineFang @GoldmanSachs tfw you need staff support to send a dm

[daniel (f1shy) @danielfsy]

@omgcorn @Flowslikeosmo @tether @circle @HyperliquidX @Pumpfun @Polymarket @Grayscale @SkyEcosystem @AxiomExchange @Paxos protocols?

[Dean Eigenmann @DeanEigenmann]

ok we are doing it the R&D Book Club by me and @Rashan

if you're interested in joining fill out the form here: https://t.co/QEx8vymUu2

[daniel (f1shy) @danielfsy]

underappreciated that USDH migration can bring a net ~80-100x increase in HYPE buybacks:

with USDC becoming the aligned quote asset, the "vast majority" of reserve yield will flow back to the HL assistance fund.

in numbers, today's USDH supply at ~$102m translates to ~$3.1–3.7m annual yield, 50% of it to HL(~$1.6m/yr). meanwhile USDC supply is at ~$5.08b and shares nothing.

a unified ~$5.18B AQA supply and 90% yield share would bring ~$137–160m annualized to the assistance fund. a stream that is not directly linked to trading volumes!

[max.hl @fiege_max]

With Native Markets, we set out to create a stablecoin platform for Hyperliquid that stopped value leakage from its ecosystem and minimized its third party dependencies. These goals are achieved with the formalization of USDC as an AQA.

Today’s announcement marks what I view to be the biggest win for Hyperliquid to date, unlocking meaningful additional annual revenue for the Assistance Fund, as well as allying the network with the strongest force in American crypto policy. It’s incredibly vindicating to see industry leaders recognize a thesis that few of us believed just a short time ago.

I want to thank all of the builders who took a chance on USDH, as well as to give a special shout out to @mclader. It’s been a privilege working with her on USDH, and for all of us HYPE holders, we can be grateful to have her in our corner.

Our blog post below walks through the timeline for sunsetting USDH over the coming months. We’ll be in touch with builders and partners who have questions, especially those navigating spot and perp order book migration.