nickolas_ts

views are my own (🐈,🐐)

[Banana King @BananaKingCo]

I reached out to @tobi before about moving Shopify to the US.

He replied with "Canada is worth fighting for".

Tobi, you hold A LOT of power.

Not only is Shopify a Canadian company, it's headquartered right in Ottawa.

Please consider leveraging this to force Ottawa to ditch C-22.

Tell the Mark Carney Liberals straight-up:

If they implement C-22, Shopify leaves Canada.

This is what we need right now.

A very public display of clouted resistance.

Please consider it.

[Secretary of War Pete Hegseth @SecWar]

This week, Anthropic delivered a master class in arrogance and betrayal as well as a textbook case of how not to do business with the United States Government or the Pentagon.

Our position has never wavered and will never waver: the Department of War must have full, unrestricted access to Anthropic’s models for every LAWFUL purpose in defense of the Republic.

Instead, @AnthropicAI and its CEO @DarioAmodei, have chosen duplicity. Cloaked in the sanctimonious rhetoric of “effective altruism,” they have attempted to strong-arm the United States military into submission - a cowardly act of corporate virtue-signaling that places Silicon Valley ideology above American lives.

The Terms of Service of Anthropic’s defective altruism will never outweigh the safety, the readiness, or the lives of American troops on the battlefield.

Their true objective is unmistakable: to seize veto power over the operational decisions of the United States military. That is unacceptable.

As President Trump stated on Truth Social, the Commander-in-Chief and the American people alone will determine the destiny of our armed forces, not unelected tech executives.

Anthropic’s stance is fundamentally incompatible with American principles. Their relationship with the United States Armed Forces and the Federal Government has therefore been permanently altered.

In conjunction with the President's directive for the Federal Government to cease all use of Anthropic's technology, I am directing the Department of War to designate Anthropic a Supply-Chain Risk to National Security. Effective immediately, no contractor, supplier, or partner that does business with the United States military may conduct any commercial activity with Anthropic. Anthropic will continue to provide the Department of War its services for a period of no more than six months to allow for a seamless transition to a better and more patriotic service.

America’s warfighters will never be held hostage by the ideological whims of Big Tech. This decision is final.

[nickolas_ts @nickolas_ts]

@sssionggg Buy backs will perform well as mercurial vesting ends.

[nickolas_ts @nickolas_ts]

@magicblock @MagicIntern Merry Christmas!

[prady @prady_v]

Your product is so good that competitors feel the need to block it at the program level.

@kamino is openly ignoring open-finance principles by stopping users from leaving their platform via @jup_lend refinancing, all while preaching ‘transparency.’

Peak 5/10 multisig power, able to upgrade the program whenever they want. What’s next, blocking users individually?

At least their code includes a hall-of-fame mention to Jupiter lend, finally something superior in their codebase.

‘If you can’t win fairly, just change the rules, it’s easier.”

[nickolas_ts @nickolas_ts]

@solvenant Whenever anything goes wrong just think of this image in your head.

[Jupiter @JupiterExchange]

Following @dflow [1], we are formally requesting for our Metis router to be removed from Titan's meta-aggregator.

Like DFlow, we suspect that Titan may be biasing quotes, a behavior which has also been called out by other users and ecosystem participants [2].

But it goes far deeper.

After months of private conversations and dialogue without change, we have no choice but to draw the conclusion that Titan is not acting in good faith, and is intentionally seeking to mislead their audience, the ecosystem and their own users.

First, they have been misrepresenting Jupiter in their product for months. They are using our Metis router, which is not the same as Jupiter. Jupiter, as part of our trading engine, offers meta-aggregation with multiple external routers (including DFlow and OKX) and our own RFQ system (JupiterZ).

What the user sees on Titan is not at all the price that they actually get on Jupiter.

Despite months of our team informing them that this was misleading [3], Titan refused to rectify this, adding only 'Metis algorithm' via a tooltip and continued to market the inaccurate quote as a Jupiter quote, a major marketing stunt that made all the users feel like they are being offered a convenience, rather than the sleight of hand that it actually is.

Second, we suspect that when displaying “Jupiter” quotes, they are using an outdated version of Metis. Specifically, the Metis Binary, which has been sunsetted and is not at all reflective of current router performance. We recently offered them another suitable logo and name for the binary, but they again ghosted us on that offer in order to continue deceptively display quotes from it as “Jupiter.”

Finally, we have been requested access to the Titan API for months in the spirit of reciprocity (and per our Terms and Conditions). We are happy to send their router trading flow - as we are with DFlow and OKX. However, we have again been ghosted while other ecosystem projects have been granted access. Our only conclusion is that they are purposefully avoiding us in order to continue their own (unaudited and unproven) agenda.

We cannot help but feel our efforts at providing an API and binary for free or at cost, while being extremely net positive for the ecosystem over the past few years, have been abused by a team looking to play deceptive misleading games.

Jupiter Has Evolved Far Beyond A Router
Metis was the workhorse of Solana for many years [4]. It has powered $2+ trillion in volume and generated hundreds of millions in fees for our partners. We have continuously updated and improved it tremendously, culminating in the latest Iris update [5].

In 2023, we wanted to help teams who needed a router for their trading app. To accelerate the growth of the ecosystem, we offered the binary entirely for free.

We stopped supporting it formally 2 months ago because of the workload, and our lack of control over the results. Running it properly requires full RPC, data, and server infrastructure, and misconfiguration of these factors could lead to degraded performance.

But today, Metis is just one part of a much larger whole. Jupiter has evolved far beyond being just a single router - into a full-stack DeFi superapp with our own end-to-end trading engine with a meta-aggregation layer that combines multiple routers.

So yes, Jupiter is not a router anymore.

Beyond Quotes & Simulations
Effective trade execution is essential to Solana, which is why we invested so much over the years to ensure that any user coming to Solana gets a world class trading experience, and we are extremely proud of our track record here over the past few years using Metis.

But as the environment got more complicated, we went way past mere quotes or simulations comparison to focusing on actual trade execution, including MEV protection, slippage estimation and historical trade performance.

Beside aggregating various routers and comparing simulated quotes (what Titan does), we also measure the performance of each executed swap to feedback directly into our routing engine. This helps us to set better slippage (not too wide for potential sandwich) and punish markets that always slip far from quoted price to executed price (especially on Prop AMM/orderbook based markets) [6].

In addition, we will always put users as the #1 priority. When partners like OKX inform us that they have a router upgrade, if we believe that this offers users better performance or rates, we support the upgrades without hesitation, without fear that this might compromise our router’s volume. On the other hand, when a provider displays subpar performance that could be detrimental to users, we stop their service, inform them about it, and give them the chance to fix it. Ask any liquidity provider that we’ve integrated, they can attest to it.

Jupiter, DFlow and OKX have all made their APIs public. As mentioned, we have requested access to Titan's API, only to be ghosted while they have offered this to other teams.

Failure of Good Faith
Ultimately, we can no longer sit by while our repeated outreach is ignored and their users are misled. Titan has repeatedly used their misleading UI to market on the back of our reputation.

All of these points lead us to only one conclusion - that Titan Exchange is abusing the goodwill of our offerings in three ways.

First, they are misleading their users into thinking that the quote they see on their site is what they get on Jupiter.

Second, they are using the brand we built over years as a marketing gambit to claim superiority.

Third, their selective usage of our proven & battle-tested router to bootstrap their service, while refusing to provide their own router API for our integration, is unacceptable.

Jupiter will continue to work with good faith competitors in the space such as DFlow and OKX by offering the best versions of our routing APIs to these teams, who do the same with us.

----

[1] DFlow Statement from @niteshnath (https://t.co/o7Ld7Aqy3y) announcing that DFlow has formally requested removal from Titan’s meta-aggregator.

[2] Comparisons from @retiredchaddev (https://t.co/Skc37jphkG) showing examples of Titan-displayed quotes not accurately representing the quotes directly provided on other sites they claim to aggregate.

[3] Note from @sssionggg (https://t.co/bLhZFU2rGG) stating that we have tried to tell Titan for months to not use “Jupiter” on their website, as it is misleading people to think that Titan is aggregating “Jupiter” when they are not.

[4] Metis History from @sssionggg (https://t.co/VzWz809BKH) outlining the history and evolution of the Metis router, including its original design, impact, and significance within the Solana ecosystem.

[5] Iris Router Update from @JupiterExchange (https://t.co/0AqXX12a3q) providing an update on Jupiter’s routing infrastructure, known as Iris, and describing the next phase in Jupiter’s routing evolution.

[6] Quoted Price, Simulated Price, Executed Price from @sssionggg (https://t.co/RgteuvnFvL) describing the 3 prices states for each swap.
We have long moved past comparing merely simulated prices, and instead we are end-to-end optimising for users getting the best executed price.

[Proph3t @metaproph3t]

going into the last 12 hours, $5.8M committed from 3,682 contributors

[nickolas_ts @nickolas_ts]

@JonCohenBR1 @JupiterExchange Phantom adds a fee.

[nickolas_ts @nickolas_ts]

@deedydas If Chinese chips are at parity or beyond why would they need to ban Nvidia’s?

[nickolas_ts @nickolas_ts]

@SlorgoftheSlugs Any plans to roll sol incinerator into the JUP eco? Also can you confirm it’s safe to close all accounts while staking JUP via the incinerator.

[Elon Musk @elonmusk]

What’s going on here, @satyanadella?

[david friedberg @friedberg]

free speech. but we’ll shoot you.
something is deeply broken in the west. if we don’t fix it, eventually everyone could be ushered at gunpoint to sign the proclamations of the Truth Ministers.

[nickolas_ts @nickolas_ts]

@nikitabier @gavinpurcell Enable Picture in Picture playback while remaining on X. Also please allow scrolling through comments while watching a video.

[nickolas_ts @nickolas_ts]

@weremeow @jup_mobile • Hold ⌫ in swap view to keep deleting digits
• Close token accounts
• Sort wallets by value (high→low, low→high) or manual order

[nickolas_ts @nickolas_ts]

@bryan_johnson Spend every waking minute trying to stop humanity ending.

[Superteam Canada @SuperteamCAN]

Belated new Superteam member announcement…

Welcome @nickolas_ts!
Based in Montreal, he led product at Newton and worked on Elementerra.
A longtime Solana builder, now gearing up for his next big thing. 🔥👀

Stoked to have you with us!🍁

[nickolas_ts @nickolas_ts]

@0xskittles Congrats Josh!

[nickolas_ts @nickolas_ts]

@zhusu Whoever wrote that PR statement shouldn’t be allowed near a keyboard.

[nickolas_ts @nickolas_ts]

@elonmusk more filetypes would be great.