smolfries 🍟

crypto, markets, politics forecaster

[smolfries 🍟 @smolfries_]

If you think the LUNA/UST ponzu breaking was spectacular wait until you see the EU / Japan ponzu break.

Preparing popcorns in the meantime lmwo

[smolfries 🍟 @smolfries_]

@0xZuberg @boredGenius @danrobinson “I don’t blv it”

When the data says otherwise

[smolfries 🍟 @smolfries_]

@rumizeni_ dope

[smolfries 🍟 @smolfries_]

Invents TVL, doesn’t track it properly.

Shits on $LUNA and $UST, milks $ESD community dry for “mechanism design” services.

@scott_lew_is is a trash human being. Follow @0xngmi instead.

[YettyWapp 🦇🔊 @YettyWapp]

So this is @defipulse vs @DefiLlama

To me it seems DeFiPulse is very bias

Showing @CurveFinance at 10b TVL when its really 20b TVL and they have Maker at the number one spot 🤷‍♂️🤨🤔

Bags at play?

[smolfries 🍟 @smolfries_]

@boredGenius most of the volume is facilitated by 1bps pools yielding approximately 1.5% APY (not accounting for JIT).

Basically subsidised by Paradigm lol

[♡Lia♡ @actually_lia]

posted by hal finney in march 9 years ago. rip king

[smolfries 🍟 @smolfries_]

@meritcirclorr @adamscochran Bro that eth is backed by air now do you know how bridges work

[smolfries 🍟 @smolfries_]

“Hey have you heard of Sybil defence?”

5 out of 9 keys stored in one place. Peak stupidity.

mUh dEceNtrAliZation. Stay away from centralized sidechains.

cc: @0xedenau @lawmaster

[smolfries 🍟 @smolfries_]

Not sure how a project can custody this amount of money in a multisig without proper opsec practices.

When devs become billionaires overnight they become stupid and sloppy.

[Ronin @Ronin_Network]

There has been a security breach on the Ronin Network.

https://t.co/ktAp9w5qpP

[smolfries 🍟 @smolfries_]

@HighStakesCap Good sir what do you think about the huge unlock that happened two weeks ago?

[Cobie @cobie]

As war starts in Europe, I am thinking of Tony Benn's speech in the house of commons in 1998. Deeply saddened for the people in Ukraine.

[smolfries 🍟 @smolfries_]

@X3Finance @Curve @Uniswap Like it’s so bad for democratising DeFi since it’s mostly professional MMs and JIT attackers

[smolfries 🍟 @smolfries_]

@X3Finance @Curve @Uniswap V3 is not good for lazy liquidity though

[smolfries 🍟 @smolfries_]

Also @andrecronjetech and solidly can suck dick kekw

[smolfries 🍟 @smolfries_]

Tagging some defi chads to get some exposure and input

@samkazemian @adamscochran @gggonecrypto @safetyth1rd @ItsAlwaysZonny @DegenSpartan @Tetranode @mrjasonchoi @pleyuh @stablekwon @mewn21

[smolfries 🍟 @smolfries_]

Due to this smol fries believes that Curve v2 needs to succeed as the superior AMM for lazy LPs and steal market share from Uniswap v2.

While I think Curve v2 is superior as it marries conc liquidity with lazy LP, verdict is still out when it comes to LP profitability vs Uni v2.

[smolfries 🍟 @smolfries_]

IMO bribe demand will only be driven by the $ emissions / $ bribed and that game is crowded af with the likes of @fraxfinance @terra_money

ie. incentivise pool 2 liquidity with liquidity mining vs bribes for emissions - protocols will do whatever is cheapest.

[smolfries 🍟 @smolfries_]

Unsure about this take..

As bullish I am on $CVX and $CRV, 20% yields are good enough for stable pairs but it’s not good enough for Curve v2 volatile pairs.

[Adam Cochran (adamscochran.eth) @adamscochran]

5/10

We're also seeing new CurveV2 pools launching fairly frequently such as $YFI's $YFIETH, $BTRFLY/ETH, $DYDX/ETH and $OHM/ETH

Many of which I think will start moving into the bribe space at somepoint.

[smolfries 🍟 @smolfries_]

@Danolu86 @DegenSpartan > he took what G said literally

[smolfries 🍟 @smolfries_]

@MrLuigi_eth @siliconebunker what you think