Good question. Different trust assumptions, honestly:
Variational: RFQ against a single LP, zero fees, cost in the spread.
Extended: hybrid CLOB, matching off-chain, settlement onchain.
TxFlow: full CLOB onchain, liquidity via open TIP standards.
None of these is “wrong.” We just believe execution and liquidity should be verifiable, not trusted. Our decentralization milestones are public and dated, judge us against them.
in the early days of ethereum, @VitalikButerin came up with 20 different applications that could exist on the network
he quickly realized that eth devs will invent new ways of using the world computer and his pre-defined app ideas won't cut it
ethereum then became a universal layer for building financial software
when me and the @derpetuals team were brainstorming ideas for the future, we've come up with a list of 38 different types of markets we could launch
what later struck me as obvious was that there was no way to verify which idea is actually the best
and why should we be the ones to decide which market is important and which one isn't
anyone must be able to launch the markets they want to trade
derpetual
kimchi actually has taste (maybe outside of the rollie)
i wish him all the best, but when i see these kinds of posts i'm always a little concerned
sure, you made a lot of money on trump coin - congrats
but this is a singular lick
it's not a business that will generate $50m each year
i've had too many trench friends make too much money on a trade, get used to a lavish lifestyle, and then go broke realizing it costs $5k to change tires on that maybach
Derpetual is what happens when conviction stops asking for permission. It is a belief that every number shaping our world should become a market, and that no exchange should decide what people are allowed to trade. We are building for a future where anyone can create a market on anything, earn from the volume it generates, and give the world exposure to things that were never tradable before. Some will call it impossible until the moment it becomes obvious. That is how every new market begins: first as conviction, then as infrastructure, and finally as reality.
@a1lon9 things like homedao can really improve your odds of success
definitely worth to apply for their cohort 3
word on the street is me and @antoni_kiszka are homedao's greatest miss lol