Ss 🌊

Carpe Diem，爱卷谁卷

[Ss 🌊 @steeee1202]

最近小仓测了下tokenized stock perp funding carry，把坑踩了一遍。这不是"高APR套利"，而是crypto市场为美股杠杆敞口付的溢价。页面上的funding rate不等于实际到手的钱，要看真实结算、正/零/负funding比例、entry basis、手续费滑点，还有机会成本。有效结算周期跟着正股走。

[Ss 🌊 @steeee1202]

最近和GPT聊天，他给了我一些总结。1. 有些痛苦是来自于Cognition没有形成Financial conversion的闭环，所以认知和结果不匹配；2. 在各种周期里，缺少的不是Earning ability，是retention ability；3. 作为一个“INTP核心认知+INTJ级系统外壳+高Ne探索驱动的人，适合打造的是"System as Playground"。

[Cosmos - The Interchain ⚛️ @cosmos]

https://t.co/4BStsLpf3o

[Ss 🌊 @steeee1202]

@inBetweenersNFT @solana @DEXToolsApp wen airdrop to OG bear hodlers?

[Pavil @basedPavel]

3rd anniversary for @pudgypenguins 🐧

Appreciate the moments, it will never be the same. My gift for such special date in underground location!

Let’s keep this physical street art in mind forever!

[Mippo 🟪 @MikeIppolito_]

New Bell Curve w. @danrobinson is LIVE.

This week we spoke to @AnnaMSGeorge and @0xvanbeethoven about batch auctions, recapturing MEV at the application layer, and moving price discovery onchain.

Full episode and shownotes below, enjoy 🙏

(0:00) Interview Start: Anna & Ludwig

(4:47) What are Frequent Batch Auctions?

(10:50) MEV by Passive LPs

(15:42) Mechanism Design Avoiding MEV

(21:20) DAS London Ad

(22:29) Who are Solvers & their role in CoWSwap

(29:40) How Angstrom Solves DEX MEV

(33:06) CoW Hooks

(38:18) Maverick Ad

(39:33) Will Passive Liquidity Stay?

(46:38) Why is Angstrom a Uniswap Hook?

(52:07) Will Price Discovery Come Onchain?

(58:47) Recap

[4Seas @4seasDeSoc]

《网络国家》中文版，作者：巴拉吉·斯里尼瓦桑（Balaji S. Srinivasan）翻译：Nishino https://t.co/y45ZmYtcLx

[Ss 🌊 @steeee1202]

@Slerfsol 5ofiG6dSeiSCmYiG2rRX8CM7L2cm8WUGDQhJnZXFtBY4

[Ss 🌊 @steeee1202]

共识的两元可以有截然不同的结果，与精细度有关。例如期权方向的共识强，对手方少，风险/收益/时间的权衡。例如Launchpad，当所有人都知道牛初Launchpad是个好生意，Launchpad本身也没有意义了，资源不在平台，在项目本身，铲子铲不起。DEX更能捕捉L1的溢出价值，实现预期，例Sui的NAVI，Base的Aero。

[Ss 🌊 @steeee1202]

@bobaoppa 5ofiG6dSeiSCmYiG2rRX8CM7L2cm8WUGDQhJnZXFtBY4

[RYAN SΞAN ADAMS @RyanSAdams]

L2 costs dropped off a cliff after 4844

Now Base fees are rising again

Ethereum DA is no longer the bottleneck on Base, what's the new bottleneck?

[Ss 🌊 @steeee1202]

@smashplay2win @pudgypenguins @LilPudgys 0x3A1a4e4028Af9b8f1279D453302e76ACFEFfbd96

[Inflection Point @BWInflection]

We’ve partnered with Pudgy Penguins to airdrop 50 Permissionless tickets to The Huddle.

To be eligible for the ticket drop, you must:

1. Have a Pudgy Penguin or Lil Pudgy as your PFP
2. RT this tweet

Winners announced next week

[Ss 🌊 @steeee1202]

@ashu_mest 树总你的小红书充满多巴胺

[Wormhole @wormhole]

BM @badkidsart

[Ss 🌊 @steeee1202]

今日知识滑点: 比特币可以实施软分叉和硬分叉，实际上大部分的核心升级（包括SegWit隔离见证->解决扩容和交易可延展性问题，Taproot升级->提高网络效率和隐私性等）都是软分叉。软/硬分叉的核心差别在于，前者向后兼容，旧节点不更新也可运行。BCH、BSV、BTG是硬分叉。（Ref:Hashkey Bitcoin Podcast）

[vitalik.eth @VitalikButerin]

A PoS simplification proposal: make a design that only requires 8192 signatures per slot (even with SSF), making the consensus implementation considerably simpler and lighter.

https://t.co/Z8mK7vZx7g

[Ss 🌊 @steeee1202]

@xpet_tech @okxweb3 Hope to be the lucky one. The hat looks cute. @xpet_tech

[memetree.io 🐻⛓ @xpet_tech]

SocialFi 2.0: https://t.co/ZnE6KZ7VEV mainnet is live! ❤️‍🔥

Set up the extension, raise pets on 𝕏 and receive $BPET.

Download the extension: https://t.co/ZnE6KZ7VEV
Code for newcomers: xpet-early-access

Don't forget that you can share your code to receive additional $BERRY. Drop your code below 👇

#Airdrop #SocialFi #xpet

[Ss 🌊 @steeee1202]

3. 越复杂越多样的系统越稳定，对行业生态正面积极；. 昨天有人问我，为什么弃用高速公路（EVM eco），走绿皮火车（比特币等初始生态），我的Digest是本是多轨而非单轨，且不同归；技术和产品为需求服务，Standalone来谈绝对技术没有意义，需求先行，技术迭代，想做什么是起点，高效地做是路径。

[Ss 🌊 @steeee1202]

简单梳理下最近的想法：1. 以太坊现在是在De-Dominancy的过程，上个周期的创新大部分都集中在以太坊上，也因此捕获了Alpha，为其他生态跑了“测试链”，但增加Dominancy需要更强大的叙事和新流量；2. 这个周期是多样化的生态，不是winners take all，这个周期的Alpha在其他潜力生态；