Max

pecunia non olet | protocol architect @stripyield

[Max @zeroh4sh]

@aaalex "lemme lose some money to fill up the pool and get some hyperinflated non transferable tokens that earn me nothing real quick" -nobody

[Max @zeroh4sh]

@Fiskantes pls stop it ser they are already dead

[Max @zeroh4sh]

@Akkukap the new inflation scheme doesnt create pmf (either 1000x is a thing or it isnt), it extually extends inorganic usage.

>'genuine traders' rekt by design
>paper owners rekt
>only one party not rekt

thanks for playing, no crying in the casino, etc

[Max @zeroh4sh]

@Akkukap no speculation, no transferability, perpetual dilution, less farming, less reward recycling, bad optics

equals

a smaller slice of a smaller pie

[Max @zeroh4sh]

@Akkukap >former inability to price the value of the token (soft cap but future rev unknown) increases the odds of farming even with decreasing emissions.

unknown rewards combined with infinite inflation deters pretty much all -late- farmers.

[Max @zeroh4sh]

good takes. would add:

>most of the volume today comes from recycled rewards. that ends now.

>rebates are not for bootstrapping, they are for scooping up -larger- flows from competitors (paper has first mover advantage, no competition)

>rugging your early fanbase/bootstrappers has secondary effects (i.e. no more cheerleaders)

[Max @zeroh4sh]

@androolloyd could have been so good, imagine megaeth + precompiles

[Max @zeroh4sh]

@androolloyd think we’re missing the forest for the trees here.

love the experiment, but reliably getting in and out of trades is a prerequisite.

it had one job..

[Max @zeroh4sh]

@Halko500k show me your lofty stick halko

[Max @zeroh4sh]

@OG_Branxi @papertrade_xyz it's a tradeoff (the alternative = gas wars)

blame hyperevm

[Max @zeroh4sh]

@andyhyfi @papertrade_xyz origami

[Max @zeroh4sh]

@0xShual if the spray-and-pray max lev btc long somehow doesnt get liquidated, that would be great too.

[Max @zeroh4sh]

@0xShual clanker didnt tell them they should max lev open in the first block and pray to get some paper

[Max @zeroh4sh]

mike> delta neutral, soft floors, closing positions, dont get liqd, etc

ng, there's a 100m in deposits ready to slam the 1000x button, cheapest time to mint paper is NOW

[Mike @mikhryc0x]

The cheapest PAPER can ever be made is about $0.0012. Below that, farmers stop farming, so it works as a soft floor. A careful hedged farmer pays a bit more, somewhere between $0.0013 and $0.0016

my rough fundamental estimate sits around $0.002. That’s the USDC each new PAPER brings stakers when most of the volume comes from real degens. Every $1 a degen loses adds roughly $0.18 to the LP and $0.018 in fees, and mints 98 PAPER

[Max @zeroh4sh]

what a speech jfc. marcus aurelius rubius, first of his name

[Max @zeroh4sh]

@Halko500k english mf

[Max @zeroh4sh]

@Pickle_cRypto must watch https://t.co/bvYykrP7wH

[blocmates. @blocmates]

The @LayerZero_Core stream 🎙️

In this one, @PrimordialAA and @ryanzarick join @Grantblocmates to unpack:

- The new chain's architecture
- How it makes life easier for users
- Everything happening under the hood
- Token dynamics and value accrual
- The 'multi-core world computer' vision

[Max @zeroh4sh]

May be the algo, but im seeing a bunch of new interest in $ZRO on the timeline. For those wanting to learn more about the upcoming chain, @blocmates did a deep dive with the two founders earlier this year.

[blocmates. @blocmates]

The @LayerZero_Core stream 🎙️

In this one, @PrimordialAA and @ryanzarick join @Grantblocmates to unpack:

- The new chain's architecture
- How it makes life easier for users
- Everything happening under the hood
- Token dynamics and value accrual
- The 'multi-core world computer' vision

[Max @zeroh4sh]

@linkchainlink must feel bad with that handle