Tejas Sanghavi

I took the orange pill #bitcoin

[Tejas Sanghavi @stejas]

@somethingco_ol Can I get a code pls

[Tejas Sanghavi @stejas]

@wytemajekk Too good

[Tejas Sanghavi @stejas]

@CullenHoback How likely is it that the name will be accepted by the Bitcoin community?

[Tejas Sanghavi @stejas]

@lensassaman Gn1haSB4Jkh3E9PXSC2BRYrh97ReruvTqf13jd5Jpump. First and original crypto twitter dog before doge

[Tejas Sanghavi @stejas]

@ibuymemecoins @MkaizerCrypto Look at sasseman tweet - it refers to gargoyle, it is the oldest

[Tejas Sanghavi @stejas]

@MkaizerCrypto People just changing wiki to pump their coin

[Tejas Sanghavi @stejas]

@MkaizerCrypto Also gargoyle was referred in his tweet not Remus

[Tejas Sanghavi @stejas]

@ibuymemecoins @lensassaman Wrong, Remus was added only today on wiki

[Tejas Sanghavi @stejas]

@WagieCapital @zerohedge 2.5% I think is within the range 2% +- 0.5%. Direction is important too

[Tejas Sanghavi @stejas]

@AndrewCapasso_ @VitalikButerin @0xstrobe @llamaonthebrink Gaming, cross border transfers, RWAs are legit use cases. Let's not say that they don't require Defi. All these use cases will require Defi. If you think ETH network only has speculative use cases, you need to be bearish on ETH

[Tejas Sanghavi @stejas]

@VitalikButerin @0xstrobe @llamaonthebrink Lending, borrowing, insurance, betting are part of any financial ecosystem because they fulfill inherent needs. Excess of anything is bad, whether excess goods manufactured or excess leverage. I don't think the creators should not favoring one type of use case over others

[Tejas Sanghavi @stejas]

@VitalikButerin @0xstrobe @llamaonthebrink Isn't that how traditional finance also works? People trying to earn more than the rate at which they borrow. Fulfils the capital requirement for those who don't have the capital. Those who don't have capital get access to it, that's Defi. We should separate Ponzinomics from Defi

[Tejas Sanghavi @stejas]

@Louie_XBT Genuine question - why is the TVL so low?

[Tejas Sanghavi @stejas]

@elonmusk when can I translate an entire thread and not have to click the translate button 15 times?

[Tejas Sanghavi @stejas]

@pydono @PrimordialAA Same here. Main report got en-masse targeted by sybils and seems like the team's effort was diverted and they ended up focusing on poor reports with low acceptance rate. Laughable if you say that only 10 M sybils were found out of 85 or 95 M. Waste of effort

[Tejas Sanghavi @stejas]

@zachxbt @deltaxbt @ArkhamIntel yeah true. Only if the hacker has used real identity then it is useful... Doesn't seem like it here

[Tejas Sanghavi @stejas]

@zachxbt @deltaxbt @ArkhamIntel Does this mean you identified a centralized KYC deposit of the hacker?

[Tejas Sanghavi @stejas]

@omeragoldberg @chaoslabs Totally agree, incentive mechanisms have to catch up. While figuring out Layerzero sybils, I found ~100K sybils. I would say that 60-80% of users are not real. Outsized returns on airdrops causes this and is a problem the industry has to solve.