Bimoo

1/Lending Protocol Taxonomy, Part 2: Interest Rates

https://medium.com/alliancedao/lending-protocol-taxonomy-part-2-interest-rates-147109f709f0

Part 2 is all about how do protocols arrive at the correct interest rates.

This article covers:

/DeFi

6843

djma

https://twitter.com/0xdjma/status/1721529624591524095

[RFS] web3 product that target high school / college kids. That where network effects are strongest and openness at highest.

I have no idea what it is though.

Ever looked at @blur_io's lending UI and nope'd out?

Well have a seat because I had to figure it out in the process of mapping out a taxonomy for lending protocols.

Just followed everybody who posted in DeFi 🤝

Does anybody know why 169m, or 10% of the staked DAI just got unstaked within the last week?

What's driving this exit?

Doing a bit of sleuthing... one whale swapped 4.3m to USDC and moved to... compound for a slightly lower yield ~4.5%.

Another whale, 7m to USDC to Aave. Also <5%

Another 1m left for frax

Khao soi > laksa

I decided to MAP EVERY LENDING PROTOCOL under a taxonomy.

Turns out it's kinda long, so part 1 is focused on interest duration.

I compare delta-1 contracts to lending, and there's a clear gap: +ve duration perp loans.

https://medium.com/alliancedao/lending-protocol-taxonomy-part-1-interest-duration-92530f17327b

World is too much. I hide.

Why is nobody even trying to take away WBTC's market share?

We have a bunch of bridging technology that have been maturing for years now.

WBTC effectively has 100% market share.

DM me if you're working on it...

Any Singaporean casters here?

Farcaster has a nice LA presence due to @dwr.eth and @v.

Where’s the FC Asia hub?

6843

djma

@djma·

Crypto's remote-first vibe seemed cool at first.

Fighting the suits, armed with nothing but our underwear and a keyboard. Reshaping finance from our couches. Sending wagmis and gms to anons.

But now, the pixelated faces on Zoom are starting to look like characters from a low-budget sci-fi movie.

6843

djma

@djma·

1/ New ZK tutorial just dropped, with all the code:

I explain how
@0xWhaleSongs
lets anybody with 💰 $1M to tweet from
@0xWhaleSongs
, without the server knowing their Ethereum address.

https://0xdjma.medium.com/whale-songs-explained-28e14ddf7c27

Key components👇

I can't believe this movie is 10 years old already.

Lance Stroll, Aston Martin crashes at the F1

Street chicken in Singapore

If Singapore added bike infra, it would be too OP

Introducing 0xWhaleSongs, a proof-of-concept that lets you anonymously prove you're a 🐳 whale (or other on-chain 💪 flexes).

The server never sees the address, thanks to ZK 🕶️ proofs generated client-side in the browser.

https://twitter.com/0xWhaleSongs/status/1699410665587224859