@_nikolajankovic@AaveAave@MorphoLabs On the 0% fees here, is it that Loan Shifter is always 0% fees, or that since the borrowed asset happened to be the same as the flashloaned asset (ETH), there was no swap and thus no DFS fees for this particular shift?
@punk6529 Great book. Held my breath for years hoping for a sequel or even just an explanation of the carrot at the end. :-) Have enjoyed almost all of Vinge's work immensely. (Children of the Sky being the lone exception).
@skankadelika @scott_lew_is@bradmillscan Ethereum provides a certain amount of economic value over a given time (X), expressed as gas fees paid -- most of which are burned due to 1559. Stakers receive an amount (Y) over the same period as compensation for securing the chain. If X>Y, negative net issuance.
@BenDiFrancesco @psychosort I have often had the experience of finding fault with something Taleb says, thinking "oh this is XYZ obvious fallacy," only to pause and realize: I learned to spot that fallacy by reading Taleb. In my headcanon, he's pulling a Paul/Preacher and giving us an object lesson. :-)
@BenDiFrancesco@shegenerates It should not be at all surprising that existing social networks are the best seeds and distribution channels for aspiring new social networks. People interested in competition and breaking monopolies should hope for more of this, not less.
@BenDiFrancesco@shegenerates Instagram bootstrapped their graph from Twitter as well, though. This is why all the networks lock their graphs down, now. Also, EU "privacy" regulations re: contact export actually just entrench incumbents, and make it hard for new entrants. :-/
The entire foundation of capitalism is private ownership and here comes crypto giving you an entirely new way to own something without relying on a central government to agree that it’s yours and promise they won’t take it from you.
But it’s a zero. Got it.
@node_boii I would generally think about RPL tokenomics as the debatable thing... By rETH tokenomics are you talking about the commission rate from validators or something else?
@node_boii I'm still a bit confused. You ask about liquid staking; all liquid staking is going to pay you out in some liquid staking derivative token (stETH, rETH, cbETH...). Or are you asking about running a validator yourself? RP validators earn ETH...
@Jasper_ETH Yes to both of course. But if I had to choose I'd prefer silo'd generally. I don't think rETH has yet maxed out its defi destiny in the basic / blue chip sense. No need to mess around with Frax-y things before there's Aave and Compound support, etc...
@lawmaster@dcinvestor@matthuang There's still the meta, though: no board of directors, no CFO, financials not audited by an accounting firm you've heard of...
@Jasper_ETH@Rocket_Pool Any word on whether they'll bake this arb functionality into the smartnode stack directly? I suspect many more node operators would use this if it was baked in...