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buildbuildbuild

founder @0xpLabs

CHECK OUT MY SOUNDCLOUD

[marek.gwei @marek_]

It's disheartening that @Coinbase has chosen not to support the Celo L2 upgrade.

This feels like a wrench in Ethereum's layer-2-centric scaling roadmap.

Why would other EVM-compatible L1s follow suit now?

[Kopio @kopioprotocol]

GM Kopiers!

Big news🔥: Kopio now supports LST collateral!

We’re kicking things off with adding collateral support for wrapped Lido staked ETH (wstETH).

Put your wstETH to work:

🤌Borrow synthetic RWAs like gold and silver.
🤌Borrow USDC at 0% interest.
🤌Create strategies like leveraged long.

And so much more—your creativity drives the limits.

[Austin King @AustinKing]

Few people are aware that just 2 companies create 90% of Ethereum blocks.

However, even less people know the behind the scenes story of the backroom deal that led to this monopolization.

Here is the untold story of Titan, $40,000,000+ of hidden profit and how chain abstraction will lead to even bigger opportunities:

How did it start?

It all began at the end of 2022 — when Flashbots created MEV-Boost, software that allowed Ethereum L1 validators to source blocks of transactions from third parties called Builders, who specialized in MEV extraction, instead of constructing the block of transactions themselves.

This let validators make far more money. Downstream of this, almost all Ethereum L1 validators rapidly began running this software:

Initially (#1) Flashbots (pink) was running the only “Builder” and in half a year serious competition sprung up (#2). Now, we live in a world where there are really only 2 builders that matter (#3): Beaver Build and Titan Builder.

There is obviously a ton of lore from this period, but one of the most impactful variables is that in April of 2023 Titan Builder locked in an Exclusive Order Flow (EOF) deal with Banana Gun — what became the top telegram trading bot. Downstream of this EOF deal, Titan had opportunities to build more profitable blocks for L1 validators than any other builder because they have exclusive access to transactions offering a higher payment to be included.

Downstream of this, we now live in a world where over 90% of Ethereum L1 transactions come from just two companies:

Even more interesting is the profitability statistics, as of August this year:

Flashbots
- created ~550k blocks
- earned 16.7 $ETH in profit

Titan
- created ~600k blocks
- earned 13,151 $ETH in profit

At today’s prices that is a difference of $44,000,000.

While that is all public data, some of the most interesting questions remain open:

- Why did Banana Gun choose to begin routing its bundles almost exclusively to Titan Builder at a time when it had less than 1% market share in the builder market?
- Did Titan give the Banana Gun team a multi-million dollar deal out the gate to bootstrap market share?
- Did Titan promise to give kickbacks to the Banana Gun team to the detriment of their users?

I don’t know, and likely few people in the world have access to this information.

Chain Abstraction will 10x this opportunity

If I’m the cofounder of Omni, why am I spending my time thinking so deeply about deals like this?

Because Chain Abstraction is going to unlock even bigger profit opportunities here — we are rapidly moving to a crypto UX where users won’t be thinking about gas, transaction submission, which chain things are happening on, etc. — the next wave of users will be far less sophisticated than those of us in the trenches today. They simply won’t care how all this happens, and downstream of that abstraction there are going to be so many more opportunities like this for networks to acquire massively profitable revenue streams.

Today $OMNI gets burnt when its 2 core primitives (EVM + Interop) are used. However, what I think very very few people understand is the opportunity that exists when you direct revenue opportunities from the order flow supply chain into a token’s core model.

I will share more on our plans with this design paradigm publicly soon, but in the meantime I think as an industry we all need to think more deeply about how large of an opportunity this new type of design presents.

[Hayden Adams 🦄 @haydenzadams]

the fact that taylor swift leaks 99.25% of the value of her tickets to MEV is hilarious to me

honestly, crypto could actually solve this problem

[Kopio @kopioprotocol]

GM from Devcon 🇹🇭, who's around 👀?

[Kopio @kopioprotocol]

Kopio is live on @Arbitrum one!

Bringing Synthetic RWAs like gold and silver, alongside leading non-ERC20 tokens all to the home of DeFi💙🧡

App: https://t.co/HsrNbJzPeE

[Kopio @kopioprotocol]

We’re thrilled to announce @PythNetwork as our primary oracle partner for Kopio!

With over $4.7B in Total Value Secured (TVS), coverage across 80+ chains, and a fully decentralized framework, Pyth stands as one of the most trusted oracle networks in DeFi.

Their high-fidelity price feeds are the perfect match to power Kopio’s synthetic assets, bringing enhanced accuracy and reliability to our ecosystem⚡

[Kopio @kopioprotocol]

For a more detailed understanding of Kresko's SCDP model and trades please refer to the docs👇

https://t.co/yiZ5gZus09

6/6

[Kopio @kopioprotocol]

Kopio is one of the first protocols on @arbitrum to offer a diverse range of synthetic RWAs such as gold, silver, JPY, and non-ERC20-based tokens like Dogecoin and Solana.

Head to the app to trade em all at zero-slippage!

[Kopio @kopioprotocol]

GM Kopiers!☀️

Deposit your stablecoins into Earn and get some of the highest single-sided stablecoin liquidity yields on @arbitrum.

Note: Any liquidity added to Earn is converted into ONE, Kopio's USDC Wrapped stablecoin.

[panukettu @panukettu]

hard to beat airdrops and loyalty points when it comes to DeFi and innovation

[panukettu @panukettu]

@BautiDeFi @transmissions11 viem = decent
??? = good

[panukettu @panukettu]

@BautiDeFi @transmissions11 regardless of viem not having connectors - if thats decent for typescript.. sir.. requesting a peek even at the good for typescript level

[panukettu @panukettu]

@transmissions11 wagmi, optionally rainbowkit for batteries included