Gian Alarcon

Founder @poly_pay. The back-office platform for human and agentic teams. Privacy preserving on-chain treasury & payroll

Previous @TheMarquisOnX

[Gian Alarcon @gianmalarcon]

Just wrapped up an incredible #EthLimaDay! 🚀 Shared how anyone can start contributing to Open Source projects through @OnlyDust_com - open to all projects built on @ethereum, @Starknet and beyond! The community's energy was amazing. Ready to help more devs join the ecosystem.

[Gian Alarcon @gianmalarcon]

Sharing what we cooked during Empower Residency in Da Nang, thanks to the support of @sqrDAO , @LiskSEA

[PolyPay @poly_pay]

Let’s take it back to Week 1, when our founder @gianmalarcon took the mic to share how excited he was

3 weeks later, EMpower Founders Residency has wrapped 🎞️

This has been a solid ride. See you at W3BS 2027 🫦

[Gian Alarcon @gianmalarcon]

Glad to be in @UnchainedSummit, showing about @poly_pay

[PolyPay @poly_pay]

Gm @UnchainedSummit, PolyPay made it to Da Nang and our booth is ready 😎

If you’re around, come by and see what a private back-office for human and agentic teams looks like in practice.

Our @gianmalarcon is here and happy to connect 🤝

[Gian Alarcon @gianmalarcon]

I am ready to present @poly_pay today. Stay tuned!

[Lisk SEA @LiskSEA]

Who is presenting at the Web3 Builders' Summit & DAVAS 2026? 👀

For the past few weeks at the EMpower Founders Residency here in Da Nang, these teams have been building non-stop. Now, it's time to show the world what they are shipping 🚢

Let's meet the founders taking the stage! 👇

[PolyPay @poly_pay]

Week 1 at EMpower was pure builder energy 🇻🇳

Our @gianmalarcon has been there with SEA founders, gathering feedback, sharing ideas and refining PolyPay’s vision for private on-chain payroll.

Big thanks to @LiskSEA and @sqrDAO for the space to focus and ship. On to Week 2 💪

[PolyPay @poly_pay]

We are having a great time there with our @gianmalarcon🍹🧑‍💻

[PolyPay @poly_pay]

gm folks!

Let's break down our latest PolyPay version and learn how to set up this powerful multisig on @base that allows you to shield your signers and which is designed to be used by both human and agentic teams💥

Go to https://t.co/IO9w4Q6bW6, set up your account, use it to pay your team, let your agents fund it and create their own!

Looking forward to your feedback 🫡

[Gian Alarcon @gianmalarcon]

Day 1 of the Founder Empower Residency is officially underway! 🚀

We're here with one mission: taking @poly_pay to the next level. Ready to scale, build, and ship. Let’s get it. 🛠️✨

[Lisk SEA @LiskSEA]

Day 1: The Sync 🇻🇳

The 2026 EMpower Residency is officially live. Before putting our heads down to ship, the cohort synced up for the official kickoff.

7 teams building for Emerging Markets, locked in and ready. The baseline is set. Next stop: 3 weeks of relentless execution in Da Nang.

Let’s get to work 🛠️

[Succinct @SuccinctLabs]

https://t.co/8ybtUQ5jCp

[Gian Alarcon @gianmalarcon]

@stacy_muur @milky_way_zone @niftygateway @SlingshotCrypto @PolynomialFi @zerolandxyz @parsec_finance @StepFinance_ @DataHaven_xyz @tallyxyz @DeFiCarrot missing @TappExchange
https://t.co/IT99HbC9gs

[Tapp Exchange @TappExchange]

Tapp Exchange is winding down. The protocol will remain fully operational until 31 May 2026. All user assets are secure and available for withdrawal.

Since launching in June 2025, we built the first V4-style DEX on Aptos and shipped continuously - ve(3,3) voting mechanisms, emission distribution, bribe infrastructure, and governance tools that put liquidity decisions in the hands of veTAPP holders.

$1.95B in volume later, we're proud of what we built, and we could not have come this far without you. To everyone who provided liquidity, locked, voted, traded, or supported us: thank you. You shaped this protocol.

Wind-down timeline:

1 May, 2026: The protocol remains fully operational. You can deposit, withdraw, trade, lock, and vote as normal.

May 31, 2026: The frontend will be taken offline. After this date, withdrawals will only be possible via direct smart contract interaction on-chain.

Please withdraw your assets before May 31.

Thank you for being on this journey with us. Long live DeFi.

[OpenZeppelin @OpenZeppelin]

https://t.co/3XYJFddTT8

[Stani @StaniKulechov]

Past days has been extremely hardcore for our team and DeFi in general. DeFi went trough a substantial stress test and the consequences were felt. It definitely was the hardest couple of weeks that I experienced in my life and during the past decade building in the space. I am still writing this with couple of hours of sleep per day so bear with me.

For me personally, the rsETH bridge incident was unfortunate as our team and community has put so much effort into securing the protocol and seeing the exploit happening outside of the protocol smart contracts, and affecting the markets is hard to watch even when the markets had (and still have) full backing like Mainnet Core. That being said, Aave has seen multiple market/credit cycles and always has been able to prove its resiliency. I have more confidence in DeFi today than ever, not because of the industry is stepping up and improving security practices, but because there is a true community behind DeFi that is willing to help and do whatever it takes to ensure our space has future.

I want to say that during all this madness there were lot of people that were extremely supportive and proactive to mitigate any issues and contagion. At the first glance, from Aave's perspective we were positive that we would find a resolution and we had overall balance sheet, protocol revenue and external/public support to over come the issue from Aave's perspective but what we understood is that the issue was beyond Aave. It was about restoring the whole state of DeFi, avoid contagion and ensuring that the whole ecosystem overcome this incident not solely Aave.

DeFi United started as an initiative from DeFi protocols that were affected but eventually became an industry wide movement to save DeFi and bring protocols together. I am grateful for all the contributions and support that everyone has been providing and can say that this wouldn't be possible without it. I'd hope that DeFi United becomes a permanent movement in some shape or form with the right form factor. DeFi United was executed at insane speed and other constraints but there could be a model that could continuously support the industry from the unexpected.

I'd say during the past week lot of people stood up and I really don't have the space to mention everyone (you know who you are) but specifically I want to say that @MikeSilagadze deserves more respect from the space than anyone else atm, he went above and beyond and was willing to sacrifice a lot to solve what actually wasn't something cause by his efforts. Full respect.

@LidoFinance team also deserve special credit, this team truly cares about DeFi and was extremely helpful along the way. They deserve full credit.

@gdog97_ deserves credit as well, who helped to brainstorm various solutions and also stepping in with Ethena and helping on coordination.

@arbitrum community for doing the right thing and rescuing the funds from the bridge contract that was a difficult but the right call.

@Mantle_Official @Bybit_Official team for stepping up as well and showing strong support. The team has been supportive and truly cares about making the space safe.

Last but not least lot of credit goes to @ethereumJoseph who really stepped in to help DeFi and the ecosystem. Joe cares about Ethereum, he cares about DeFi and understand the importance of DeFi for the future of Ethereum.

We have truly good people within our community.

These folks are true guardians of our space (among others on my long list) that really want DeFi to win.

I feel very optimistic now about our space, it is true that events like these can be a setback but in reality it builds resiliency, which our space stands for, and over time that is hard to beat by legacy systems.

The past week we had to operate in multiple different constraints from time, information, resources, governance and other. We had to move as fast as we could as time was against us. It was a large coordination effort that we haven't experienced so far. I'd like to give most of this credit to our team and community especially @Token_Logic and @LlamaRisk who went also above and beyond to find resolutions and coordinate.

There has been some banter about right type of market structure for onchain lending between shared or isolated pools but the reality is that when capital moves, it moves at scale and market structures are less of a mitigating factor. These kinds of times require to find solutions fast and reestablish the trust in the markets and the technology, that's whats important.

All this being said there are some great learnings from this indecent like from any incident and we as any other team involved will share a post mortem and steps to improve anti-fragility. I might be now less bullish on onchain lending as infrastructure and more leaning towards a model where the market structures need to be backed by strong balance sheets and risk transfers, however this is another discussion for the future as issues can stem outside of the protocol's control.

Now as the markets on Ethereum mainnet Core are restoring, our team continues to execute the technical plan to restore rest all the markets.

Thank you for everyone who has been supportive and we will keep you up to date as we progress.

DeFi United.

[Gian Alarcon @gianmalarcon]

Wow, time to play ₿rove Royale 🔥

[Brove @just_brove_it]

g₿rovers ⚔️

The feature you’ve all been waiting for is now LIVE on @Starknet.

PVP has just landed in ₿rove Royale.

No queue. No matchmaking. Just you, your loadout, and another ₿rover to prove who’s the champion🧡⚡

[Quantum3Labs @Q3Labs]

Last Saturday $292M just vanished from DeFi

The @KelpDAO exploit wasn't a smart contract and it wasn't a zero-day

It was a configuration choice: a single-verifier bridge

Here's what happened👇

[Gian Alarcon @gianmalarcon]

@griffgreen @Vatoshi I feel to much contradiction on the last sentence, uhmm

[Gian Alarcon @gianmalarcon]

@CoinMarketCap @Bitnomial @Payward @DriftProtocol @slashapp @ZenGo Probably Drift should not be included on this list 😅

[Gian Alarcon @gianmalarcon]

@zxstim yes, as most of L2 at this point, if we want "truly decentralization", we need to use L1

[Gian Alarcon @gianmalarcon]

Arbitrum taking action on on latest Kelpdao<>layerzero hack . Is it the right approach or not? 🤔

[Arbitrum @arbitrum]

The Arbitrum Security Council has taken emergency action to freeze the 30,766 ETH being held in the address on Arbitrum One that is connected to the KelpDAO exploit. The Security Council acted with input from law enforcement as to the exploiter’s identity, and, at all times, weighed its commitment to the security and integrity of the Arbitrum community without impacting any Arbitrum users or applications.

After significant technical diligence and deliberation, the Security Council identified and executed a technical approach to move funds to safety without affecting any other chain state or Arbitrum users.

As of April 20 11:26pm ET the funds have been successfully transferred to an intermediary frozen wallet. They are no longer accessible to the address that originally held the funds, and can only be moved by further action by Arbitrum governance, which will be coordinated with relevant parties.

[Gian Alarcon @gianmalarcon]

@horizenglobal We are still on early days of DeFi ~

[Gian Alarcon @gianmalarcon]

Agents everywhere. See why the @poly_pay is the place tool for your agents 🔥

[PolyPay @poly_pay]

https://t.co/F1CQTAfBgS

[Gian Alarcon @gianmalarcon]

Definitely @StormbitX can solve this big issue on these early defi days ~

[Sergej Kunz @deacix]

I'm a WETH provider on @aave watching my position go negative after the @KelpDAOxyz rsETH exploit. Can't withdraw — 100% utilization.

Every failure here is a feature of shared-pool variable-rate lending:

• One bad collateral listing impairs the whole WETH reserve
• Slope2 punishes borrowers trapped when whales exit first
• DAO votes move slower than collateral can lose its backing
• First-come-first-served exits reward informed capital
• Umbrella socializes losses onto suppliers who never approved the listing

The architecture that fixes all of this already has its primitives deployed:

Event-driven intent-based lending with fixed rates and P2P matching. Lenders sign intents specifying collateral, LTV, rate, duration, and event triggers. Borrowers sign symmetric intents. Solvers match. Custody stays with the user until atomic settlement.

No shared pool. No slope2. No slow governance. No socialized loss. Each loan is a discrete contract.

We solved this pattern for spot trading with 1inch Fusion. Lending is next.