dimitar

A bearded Bulgarian

[betraidx @betraidx]

A broke Italian gambler in 1560 wrote a short manual on how to win at dice. Nobody in finance read it for four hundred years.

The nine-trillion-dollar insurance industry runs on his equation.

His name was Girolamo Cardano. The book was called Liber de Ludo Aleae. He scribbled it in Milan to settle a card debt. Every dollar of premium ever collected on Earth is a footnote to that scribble.

Nobody connected the dots until 1996. A ninety-year-old man in New York wrote a book called Against the Gods and traced every modern risk model back to Cardano's manual. Wall Street called him the historian of risk.

His name was Peter Bernstein. In 2008 a small production company filmed him for thirteen minutes. He walked through the entire five-hundred-year arc. Cardano to Pascal to Fermat to Black-Scholes.

Then he stopped and said the industry had built glass towers on the back of an idea a broke gambler scribbled to shave the house edge.

He died the following summer. Age ninety.

There are only four ways to make money. Labor. Capital. Arbitrage. Insurance. Insurance is the oldest and the least visible. Every actuary on Earth still prices catastrophe risk with Cardano's framework.

The video is thirteen minutes long. Free on YouTube. Twenty-nine thousand people have watched it.

[Santiago R Santos @santiagoroel]

One of the best things I’ve read in a while:
https://t.co/mXy9zLIb6v

[MetaHacker @metahacker_]

I admit it: I was very wrong about Ethereum

I hadn’t built anything on EVM in almost 3 years. My only transactional experience on EVMs was buying shitcoins on Uniswap (still a dogshit experience)

I was completely unaware of the gazillions of EIPs that have drastically improved the dev and user experience over the last 3 years

The ecosystem is genuinely more robust than ever before, and its the only chain that can even pretend to be sufficiently decentralized

I suspect Tom Lee will end up with one of the most absurd PnLs once Ethereum finally goes on its generational run

[dimitar @ddpetkov]

@_julianma This is the way (:

[Naval @naval]

The only real test of intelligence is if you get what you want out of life.

[Joseph (eu/acc) @ImmutableLawyer]

I'd really like to see people that mock projects blocking U.S. users create a project and develop a frontend themselves that accepts U.S. users (knowing all the while you can get a wells notice from the SEC from merely accepting U.S. residents by reverse solicitation).

[Patrick Scott @patfscott]

Playing around with a different on-chain metric using the @DefiLlama API. I'm calling it "Chain GDP".

This represents the sum of fees on all applications on a chain. The idea is to measure the size of that chain's economy.

This solves many of the issues with traditional metrics like TVL, transaction count, and DEX volume:

TVL - Represents $, but not activity
TX Count - Represents activity, but not $
DEX Volume - Represents $ and activity, but only for a certain type of economic activity

Chain GDP measures both $ and activity on the chain. And since only fees are counted, it is more difficult to fake with wash trading or sybils.

This was inspired in part by @toly's recent tweet about dapps on Solana collecting more fees than Solana itself and by @atterX_'s tweet suggesting Blockchain GDP as a metric several months ago.

What do you think of this metric? How could it be improved?

[0xngmi @0xngmi]

notable domains that are at risk:
https://t.co/kZDFggQ6VZ
https://t.co/MbTcaSD30e
https://t.co/ijs3w3W41o
https://t.co/fg6o1zJAFx
https://t.co/KfV8797OuD
https://t.co/Z7B4FsWICq
https://t.co/ywui9lFd8H
https://t.co/ju0PsMFE5K
https://t.co/Ga5Userlbo
https://t.co/g0nHSX0RvN
https://t.co/KOacNaHUJa

[dYdX Ops subDAO @dydx_ops_subdao]

If the dYdX Community decides to move from the Beta Stage to Full Trading this unlocks full functionality of the dYdX Chain 💥

Full functionality includes;
📊 Trading Rewards
🔒 Staking Rewards continue
🙋🏽 6-month Launch Incentives Program

🧵👇
https://t.co/X5CEWa7WRH

[dimitar @ddpetkov]

Be part of something special! Join me on May 5, 2024 in the Wings for Life World Run https://t.co/wrpNpBMMCa

[dYdX Ops subDAO @dydx_ops_subdao]

The dYdX Chain has officially launched 🎉

At 17:00 UTC today, dYdX Chain Validators created the Genesis block of the dYdX Chain

📢The dYdX Operations subDAO public front-end for bridging is set to go live on October 30, 2023 (subject to confirmation)
https://t.co/IPNNv5Wms6

[Joseph (eu/acc) @ImmutableLawyer]

If you’re a @dYdX community member and want to participate in a prospective subDAO as a trustee, this is well worth the read 🙌

Expect more explanatory notes like this one soon!

[Arcus @arcus_xyz]

We’re serious about the security of the dYdX Chain⛓️

That's why we had @informalinc fully audit the dYdX Chain code and are happy to share it contains ZERO critical issues 💪

Dive into the audit here:
https://t.co/OVNapl7dei

[dYdX Ops subDAO @dydx_ops_subdao]

Genesis of the @dYdX Chain represents a new chapter for the dYdX ecosystem marked by increased decentralization, superior UI & progress in democratizing access to financial opportunity.

Genesis has 3 phases:
🌌Pre-Genesis
💡Genesis
💫Post-Genesis

https://t.co/Iz5j0vfM6S
🧵👇

[dYdX Ops subDAO @dydx_ops_subdao]

🦔 Meet the faces behind the future of DeFi! Check out the dYdX Operations SubDAO team in action at our #Cosmosverse booth. See you there! 🌌 #DeFi #dYdX

[Volkan KORKMAZ @vkorkmaz10]

Cosmos ekosisteminin Türkiye çıkartmasının ilk ayağı @cosmosphere_dev etkinliğindeyiz.

@dydxfoundation CEO'su @charlesdhaussy'i dinliyoruz.

Oldukça kısa zamanda geliştirici ekosistemi için bu harika etkinliği düzenleyen @node_101 ekibini tebrik ediyorum..

Bu hafta Cosmos haftası @CosmoverseHQ'ü de kaçırmayın 👏🏻

[Cosmosphere | Istanbul Oct 1st 🇹🇷 @cosmosphere_dev]

🥁 Drum roll please! 🥁

Our next speaker @charlesdhaussy, CEO of @dydxfoundation 🦔

🎤 His speech about “Astropolis: A Vision for Decentralized Financial Systems”

We also thank you for the special gifts. 🎁

#Cosmosphere 💫

[Scorched Earth Policy @Scearpo]

-Absolute global dominance over rose exports
-Tren, HGH, and dianabol naturally occurring in all males
-Not one but TWO empires
-Genetically ingrained sleeper cell guerilla subconscious programming within the womb
-Indisputable birthplace of yogurt, Cyrillic, and civilization
-The true birthplace of modern humans AND Neanderthals
-Source of mystic underground tombs containing swords and baubles of unseen power
-Mysterious concentrations of psychics, soothsayers, and sorcerers whose lineage can be traced to Antediluvian times
- Landshark incident
-Guardians of the gateway to Asia
-Home of Arsenal, producers of the greatest AK's on earth according to Mikhail Kalashnikov himself
-The chosen protection of God in all possible world ending scenarios
-Esoteric weightlifting secret methods which kill all non-Bulgarians who attempt them

[Charles d'Haussy @charlesdhaussy]

The latest dYdX governance vote passed with uber strong support. The dYdX chain era is getting closer. Couldn't be more excited.

[Circle @circle]

5/ Many digital wallets support Noble $USDC, including @CypherWalletIO, @IBCwallet, @keplrwallet, and @leap_wallet – with more expected.

It’s easy to use IBC from your wallet to transfer USDC to appchains like @dYdX, @injective_, and @osmosis across the Cosmos ecosystem.