Hawheik

[Hawheik @hawheik]

@CyMorgComics The setup, the joke, dead panel, dead panel.

[Hawheik @hawheik]

@nikgeneburn @pcgamer How about you make your piece of shit game not kick players from Arena matches?

Your matchmaking decided this server was good for me, your server then decides I don't have the "connection quality" to play on it, and *I* get punished for it?

Consistently idiotic dev decisions.

[Hawheik @hawheik]

@banteg It was at this point in my run that I regretted picking the "three gems in the box" room upgrade rather than the "two turnkeys" one.

[Hawheik @hawheik]

@SEEDGov I'm sorry did I just kicked out of the space?

[Hawheik @hawheik]

It hurts to have to agree with this, but sadly Ignas is right.

[Ignas | DeFi @DefiIgnas]

Europeans prioritize control over individual freedom.

Once you accept this, the decisions made by ancien régime European bureaucrats become easier to understand.

In this sense, Europe is much closer to China than the US.

E.g., the UK's crackdown on encryption and EU laws like the Digital Services Act for online content removal, as well as limitations on cash payments.

Another example is the issue of stablecoins.

Free-market-driven stablecoins scare them because they can't control them, so CBDCs with full controls are being pushed at full speed.

This is why crypto censorship resistance is crucial, especially for Europeans, to protect our privacy, self-custody, and ultimately, individual freedoms.

Bullish $ETH and #BTC as the most censorship resistant blockchains.

[Hawheik @hawheik]

An informative perspective on sausage-making.

[Ben Kuhn @benkuhn]

New post! "How I've run major projects":

[Hawheik @hawheik]

@binji_x Straight truth

[Hawheik @hawheik]

@apoorveth Encrypted communication seems like a reasonable guess. Perhaps some sort of decentralized command&control for a service that would have problems hosting a normal API. Fulfills all the requirements, publically readable and message source can be authenticated.

[Hawheik @hawheik]

Check out my delegate profile on @tallyxyz!
https://t.co/jhCDSdTlpD

[Tay 💖 @tayvano_]

With the recent sophisticated hacks fresh on everyone's mind, there's been a lot of talk about ✨fancy stacks and setups.✨

Yes, you should evaluate how—and with what—you sign txns.

But building a custom UI for your LAN Qubes OS AWS KMS everyday is not really the answer 😅

[Profesor Utonio @quienesfacundo]

DAO Extractable Value — Re $UNI and Unichain

The dual share mechanism Uniswap is running by (with $UNI being minority and unprotected holders, and Uniswap Labs’ equity stakeholders taking protocol revenue) essentially means that $UNI holders are subsidizing Labs by funding its growth. Or, in other words, Labs is extracting value from $UNI holders.

$UNI holders do not receive anything out of Labs businesses (frontend, mobile app, wallet + being the only owners of Uniswap brand), and now they plan to keep ~20% of sequencer fees, while ~65% of revenue will go to Unichain validators, who supposedly will allow UNI to be staked.

But $UNI staking is not available yet, and revenue from sequencer will be redirected to grants, again subsidized by $UNI holders!

Who profits from Uniswap' protocol?
* LPs: accrued $1.6B annually
* Uniswap Labs: accrued $165M so far
* $UNI holders: $0

Now, Labs is asking the DAO to subsidize Unichain's growth by requesting $21M in incentives for three months (and $60M in the first year). The DAO had no involvement in Unichain's development, but now Labs is asking them to subsidize their operations again.

Uniswap Protocol was always meant to be immutable (and it is), but now things are changing with Unichain being controlled by Labs. They can unilaterally upgrade it as they wish without the DAO deciding, since the DAO doesn’t own Unichain.

All Unichain partners seem to be chosen behind closed doors (Gauntlet, Aero, Optimism), with no involvement from the DAO.

We're all about transparency, right? So why choose to integrate into the Superchain instead of going with Arbitrum, for instance?

Assuming $UNI holders will finally receive some revenue from the sequencer fees, the fee switch is off the table now, IMO. I don’t believe they’ll have two separate revenue streams for $UNI (staking for 1. Unichain 2. DEX). It’ll be one or the other.

^ All of these problems seem to originate from geographic centralization, as almost the entire Labs team is based in the US. The main issue DAOs were meant to solve is the concentration of regulatory risk in a single jurisdiction. Maker used to handle this well with Core Units (if we ignore RWA/t-bills).

Why tf should a $UNI holder outside the US be subject to the consequences of a centralized entity’s regulatory exposure? Non-US UNI holders are just collateral damage.

“we can’t do X because of US regulators”. No, no, no. The world doesn’t end in the US and regulators in that country. Nobody forced Labs to concentrate all operations in the US. That’s a self-imposed problem. If that choice now limits $UNI’s functionality, that’s 100% on them.

They want to stay compliant, avoid lawsuits, and maintain good standing with regulators. But that’s exactly the issue—Labs is operating Uniswap as a company first.

Or maybe that’s not the real issue, as it makes sense as they’re running a business. The problem is that they are using the DAO as a cover, claiming that they ‘gave $UNI holders ownership of the protocol’ — a false claim.

[Hawheik @hawheik]

We live in eggciting times.

[Silo Intern @SiloIntern]

In your boy's venture into the nefarious depths of the Sonic trenches, there was *one* little protocol that caught his eye.

Eggs.

In homage to the food-fueled debauchery of DeFi summer, we welcome @eggsonsonic to bring UpOnly back.

Let's take a look.
👇

[Hawheik @hawheik]

😂

[Elon Musk @elonmusk]

Yes

[Hawheik @hawheik]

@tarkov Fix the flare extracts in your shitty game. "Oh you shot the flare while in the flare-area, but the shot was slightly too angled upwards SO I GUESS YOU DIE"

Clown shit.

[Hawheik @hawheik]

@PatrickAlphaC I love what people are doing with vscode in JS. It sparks joy.

[Hawheik @hawheik]

@thatstraw The jpeg I didn't know I needed in my life.

[Hawheik @hawheik]

@Angelus3289 @_Circuit2 Mint WL signups where?

[Hawheik @hawheik]

By allowing EOAs to set code, EIP-7702 bridges the gap between simple user wallets and full-fledged smart contracts. You can batch multiple actions, create limited-permission sub-keys, or let someone else pay gas for you, paving the way for a more seamless and powerful Ethereum experience.

[Hawheik @hawheik]

TL;DR EIP-7702 lets regular wallets (EOAs) embed code, similar to a smart contract.

Why care? It unlocks easier multi-step actions (e.g. “approve + transfer” in a single transaction), optional fee sponsorship by third parties, and more flexible security controls—all from your normal wallet.