6843
djma

@djma #6843

Casts about defi, ml, food, Singapore, etc. @alliance | ex: quant @twosigma @appfolio by acq
133 Follower 60 Following
G line bottom of the barrel
Stablecoins in the newest YC request for startup. Fresh off the press: https://www.ycombinator.com/rfs#stablecoin-finance
This is the YC demo day for manga startups. Legendary Shonen Weekly.
Imagine being able to read a foreign publication with the Vision.

Shonen Weekly in pic
Has anybody tried making Bryan Johnsson's Super Veggie? The amount of cumin looks suspiciously high. Feels like choking on cumin.
I love how no parent is paying for the rides.

Prisoner’s dilemma solved.
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:
[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
/DeFi
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?
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.
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👇
/zk
I can't believe this movie is 10 years old already.
/F1
Lance Stroll, Aston Martin crashes at the F1
/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