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Maybe Inverse Finance ?

I'll believe that unless someone can draw a shape on these lines and convince me otherwise. Not specifically looking for hentai, btw.

So, whose TA had giant green dildos on the menu today?

No, it's still you -- understanding how finality increases economic incentive to use the chain while making the chain itself immediately heavy is extremely esoteric and not likely to be understood by someone that thinks small blocks means the network scales transactions.

I don't know how you can write that out and not understand that grow massively = more transactions to validate. Completely incorrect, finality is nearly instant under PoS consensus, therefore the ledger grows quicker, which means (and I can't stress this enough) more transactions can be...

Well it's not like staking pools are one giant entity, there's many involved?!?!?!? Literally it has everything to do with the consensus mechanism, the entire barrier to blockchain scaling is the fact that everyone has to agree on each transaction. A consensus mechanism which achieves this...

It's fucking massive centralization, what are you talking about. What happens to the security of the network if an ASIC manufacturer goes out of business? It's mindblowing that you believe a required $20k investment every few years is a fucking security benefit. At the time, blockchain...

No, they won't, just like mining pools won't just disappear. You can't find shit on Google about this because it's so far away from a concern in the crypto space that literally no one is talking about it. You are hung up on a complete misunderstanding of something entirely in your own head...

Yep, that's been the official goal of PoS since forever, and keep in mind 32 ETH was barely more than a thousand dollars (if that) when it was determined.

Decentralized identity is basically the concept that your data exists in multiple locations, so your identity is itself decentralized. I'm not too familiar with what the 'graph' means in that context, it's not blockchain related I don't believe, but this is Zippie's primary focus. Submitting...

Lots of great info coming out here. EDIT: This is where I think a lot of the value from Truebit will come down the line (emphasis mine):

Completely wrong. When the 32 ETH requirement was made, that was a little over a thousand dollars and it is just for this beta chain -- the vision is that anyone can stake from their own home, there will eventually be no requirement or it will be very small. In PoS, you don't get rewarded just...

The cost of running a PoS validator is almost nil, so you're pretty much immediately profitable when staking. Per dollar invested, returns should be similar in the long run, but there are arguments both ways. This is not at all how PoS works and you need to do some research. You have to be...

This is not true in the slightest, where did you come up with this? PoS has more participants because you can get to the point where you're staking a full node on a goddamn cell phone. I don't know what the fuck this gobbledegook is about, but no, it's very much in the design that people...

harvest.finance is one of the bigger and older yield aggregators.

Update almost 24 hours later, collected much less in fees today because TRU was trading at a price with much more liquidity provided.

Liquidity mining is the other term I hear about it, yeah.

This is actually yield farming! A lot of the DeFi ecosystem built up around this exact concept, and I suspect similar opportunities for high rate yield farming when rollups come out.

It's possible in July that Optimism rolls out an optimistic rollup solution utilizing Truebit -- Vitalik outlined how that would operate in a post here: EVM optimistic rollup using Truebit But there are no formal announcements of that implementation going live, or even if it would be the first...

This is exactly right, but it doesn't mean they're entirely wrong. There are no formally announced dates of when tasks are expected to hit Truebit OS on mainnet, but once they do it will affect the price substantially. Until then, standard market conditions are driving the price.

Staking is a little different than providing liquidity. In staking, your set of risks has to do with the underlying security of the network -- you only lose money when staking if you are a bad actor and get punished for it. Your APR from staking is your proportional worth to the security of...

No, only idiots say that because Proof of Stake is no more or less "centralized" than Proof of Work, they're consensus mechanisms. Ethereum's Proof of Stake beta chain is deliberately engineered for pooling resources and represents a tiny fraction of expected live staking. I dunno, man. My...

https://www.bloomberg.com/news/articles/2021-06-23/bank-of-israel-to-use-ethereum-tech-for-digital-shekel-globes $SHEKEL pools gonna be like a gajillion % apy.

It's a lot more complicated than that, Consensys is involved and has a lot of info out on CDBC architecture if you're curious as to how they're approaching it. $FEDBUX will absolutely be adopted by the public, while JPM Coin will most likely be just an industry thing.

Nah, before the big crackdown what you did was download Tails OS onto a USB, boot it up, connect to Alpha Bay/Silk Road/Some Other Darknet Market, search for LSD dealers in your country, and have it mailed to your front door by USPS or whatever I don't know.

I would love it more if Grinding Gear Games was not both financially and morally supporting the targeting and roundup of ethnic minorities into modern day concentration camps, I think. But yeah Gauntlet sounds cool I suppose.

I beat it back in Blight league, and then Bex called a Hong Kong dissident a racist because they were slightly critical of China in a totally unrelated subreddit once years ago so I quit.

Nah, it's extremely interoperable with Ethereum since it's just an enterprise fork of it in the first place. This opens the door to tumblers, ring signatures...pretty much every crypto privacy tech you can think of.

Great article outlining where Truebit is at currently, and where it will eventually end up. There's going to be an AMA on the subreddit on Thursday at noon EDT.

That's what I've been testing out, and I think the answer is it really depends. It's good for both. The higher volume tokens tend to have higher liquidity, so you don't collect as much per swap but there's so many more swaps happening that it makes up for it -- so I had a SHIB/ETH pool running...

You're not really earning interest, you collect a portion of the fees for every time someone swaps between the two tokens you're providing. So if no one swaps those two tokens, you don't get shit. The equation is x*y=k, where x and y are your two tokens, and k is your LP position, which is...

Yeah, I'm still figuring it out personally. For the one I closed out yesterday, I initially put in 20k TRU and .6 ETH, and when it went above my limit I pulled out 27980 TRU and 0 ETH. EDIT: The ratio of TRU/ETH depends on where on the curve the current price is, i.e. if the range is...

Just created one two nights ago from 4535 TRU/ETH to 10092 TRU/ETH at 1% fee, but closed it out after almost a day because it went just above that 10092 TRU/ETH. This one I created last night, hopefully I don't have to fuck with it at all:

Yeah, definitely play around with V3 -- it's a LOT more complicated than V2, but you can concentrate your liquidity so much that it's worth it. On V3, your LP is on a curve, where at one end you are 100%/0% for one coin, and on the other you are 0%/100% for the other. The safest bet for exotic...

It'll never work because buying community tokens is a ponzi scheme apparently.

Great time to be an LP on Uniswap, with about 5k in the 1% TRU/ETH pool I'm getting ~500 TRU and ~.05 ETH per day.

DeFi summer was last year, this is L2 summer which probably leads right into DeFi autumn/winter -- zkSync isn't even going live until August. Rollups are going to revolutionize DeFi, but it'll take some development. My personal bet is that this dip is over and we go sideways/up-ish for another...

Good interview all the way through, but this part is the best:

No, it is the absolute truth, all the marketing in the world won't change how many transactions a blockchain can process. They're already doing a great job onboarding companies into the Ethereum ecosystem (again, biggest development environment). Hi, I'm Tmac, I can't figure out how to use...