I AM WALKING INTO THE MOST ABUNDANT BALANCED WEALTHY AND SUCCESSFUL YEAR OF MY LIFE. I NATURALLY ATTRACT GOOD FORTUNE, AND I AM WEALTHY IN MORE WAYS THAN ONE. I GIVE MYSELF PERMISSION TO PROSPER, AND I HAVE THE POWER TO BUILD THE LIFE THAT I DESIRE. say it back
I AM WALKING INTO THE MOST ABUNDANT BALANCED WEALTHY AND SUCCESSFUL YEAR OF MY LIFE. I NATURALLY ATTRACT GOOD FORTUNE, AND I AM WEALTHY IN MORE WAYS THAN ONE. I GIVE MYSELF PERMISSION TO PROSPER, AND I HAVE THE POWER TO BUILD THE LIFE THAT I DESIRE. say it back
As Supra continues its journey towards decentralization, we’re excited to publish the source code for our novel Moonshot Consensus Algorithm soon.
We’ll be sharing more modules in the near future, making our codebase increasingly transparent.
Soon you'll be able to view, study, and test the algorithm to see if our claims are true.
(hint: they are!)
We're also designing even more performance improvements to Moonshot too -- it'll definitely fly further on our never-ending quest towards maximum extreme performance.
Revenue speaks louder than words.
AutoFi makes it flow on Supra.
@JoshuaTobkin is coming to @Permissionless to share how Supra automation creates a new era of execution, intelligence, and revenue.
Streaming live on June 24, 11:20AM EDT
https://t.co/TLU057qvNs
Execution Quality should be the North Star for all Web3, or else we cannot compete against incumbent infrastructure. This means less unfair extraction, with more value returning back to creators.
Better execution quality (less MEV, tighter spreads and balanced, healthier DeFi) will attract more onchain activity, which will drive more economic activity, whose value can be automatically captured back to ecosystem stakeholders.
We call this positive loop the DeFi Revolution Flywheel. And Supra is paving the way towards a sustainable and potentially highly lucrative and novel economic model for dapps, node operators, and the community at large.
I have not seen a better virtuous cycle, ever.
It’s not build it and they will come, it’s create value and they will come.
@Ardalyn_ Yg penting kita selalu beruha semaksimal mungkin dan tidak putus asa
Tuhan maha adil, apapun hasilnya saya percaya itu yg terbaik buat saya
Tuhan itu maha pengasih dan maha penyayang
Pasti semua yg diberikan itu terbaik untuk hambanya
Yg terpenting kita selalu berusaha🔥🔥🔥
@Ardalyn_ Dari pengalaman saya, yg buat takut ada pada sebuah harapan yg berlebih, menurut saya lebih penting itu kita bisa menikmati prosesnya dan tidak berfokus pada hasil, kenikmatan proses itu yg sangat lezat, buat hasil itu bonus
Karna hasil yg bagus pasti itu dari proses yg banyak
Mission: Permissionless Hackathon, Supra Tracks
Reward: $15,000 Prize Pool
Warm up your keyboards builders, announcing tracks next week. It's almost time.
🗓️ June 22–23
📍 Brooklyn, NY
Organized by @blockworks and @cracked_labs
Sign up: https://t.co/FfEDahjRSZ
With @Permissionless just around the corner, tune in to hear what’s in store for the upcoming @cracked_labs hackathon 👀
Are you a cracked dev looking to showcase your skills? This is the perfect opportunity to learn more 👇
https://t.co/DqTd1uZmIz
Execution is everything in crypto, but it's broken right now.
AutoFi fixes that.
@JonEvansJones explains exactly how it works and why crypto needs it 👇
29 page crypto whitepaper, summarized in 17 mins 🎧
Understand innovation behind AutoFi, its revenue model, and its impact on crypto. This is the Whitepaper and Chill pod, Episode 1.
0:00 AutoFi Whitepaper Intro
0:56 The Supra Stack
4:09 AutoFi Primitives
13:08 The AutoFi Flywheel
15:37 Future Work in AutoFi
16:42 Whitepaper Conclusion
My mother in her early 70s absolutely adores AI, atm she only uses ChatGPT — I recommend she over time diversifies
AI 101% has
Pmf
So Blockchains like Supra know we need to bring AI to L1s via novel oracle protocols
Threshold AI Oracles (TAO)
Will be Supra’s edge and we plan to monetize upon it
🧵 What is a CLMM?
A CLMM, or Concentrated Liquidity Market Maker, is a type of automated market maker (AMM) used in decentralized finance (DeFi) platforms, particularly in decentralized exchanges (DEXs) like Uniswap V3. Let me break it down simply:
What is an AMM?
An AMM is a system used by DEXs to allow people to trade cryptocurrencies without a traditional order book (like in centralized exchanges). Instead, trades happen through a pool of tokens, and prices are determined by a mathematical formula.
What Makes CLMM Special?
In a traditional AMM, liquidity (the tokens in the pool) is spread evenly across all possible prices. This can be inefficient because not all price ranges are equally useful. A CLMM improves this by letting liquidity providers (people who add tokens to the pool) choose specific price ranges where they want their tokens to be used.
How Does It Work?
- Concentrated Liquidity: Instead of spreading your tokens across all prices, you pick a range (e.g., "I only want my tokens to be used when $SUPRA is between $0.01 and $0.02"). This makes your tokens work harder in that range, potentially earning more trading fees.
- Custom Price Ranges: Liquidity providers can set their own price ranges, giving them more control. If the token price moves outside their chosen range, their tokens stop being used until the price comes back.
- Higher Efficiency: By focusing liquidity where trading is most likely to happen, CLMMs provide better prices for traders and higher fees for liquidity providers compared to traditional AMMs.
Benefits of CLMM
- More Earnings: Liquidity providers can earn more fees because their tokens are used more effectively in active price ranges.
- Better Prices for Traders: Traders get lower slippage (price changes during a trade) because liquidity is concentrated where it’s needed most.
- Flexibility: Liquidity providers can adjust their strategies based on market conditions.
Example
Imagine you’re selling lemonade. In a traditional AMM, you’d offer lemonade at every possible price, even unrealistic ones ($0.01 or $1,000 per glass). In a CLMM, you only offer lemonade at prices people are likely to buy (say, $1 to $2 per glass). This way, your lemonade is sold more efficiently, and you make more money from each sale.
What are the Risks?
- Price Range Risk: If the token price moves outside your chosen range, your tokens won’t earn fees until the price returns.
- Complexity: Choosing the right price range requires some market knowledge.
In short, a CLMM is a smarter way to provide liquidity in DeFi, letting you focus your tokens where they’ll be most useful, earning you more fees while helping traders get better prices.
This is what @TradeWithEvo is building on @SUPRA_Labs
whitepapers are long. we made a pod instead.
ep1 of whitepaper & chill just dropped:
"how autofi changes defi forever"
big ideas. simple words. no phd needed.
(link in the comments below 👇)