@chainrunner__i
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monnaie magique d'internet ML & Stats
Joined October 2020
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The first rule of happiness isn't low expectations, it's self-respect.
Protesting and exposing the facts when your work and time weren't properly compensated goes hand-in-hand with this.
Low expectations = undervaluing your time & efforts, and not trusting yourself.
deeply insecure people who try to act cool will try their best to hate on you in the most lowkey ways possible
they'll switch from friendly to throwing weak jabs outta nowhere
if you dont act more smug than them they think youre vulnerable
i'll stay living rent free in ur head
i really miss how easy it was to socialise with people in business studies man science people are so stuck up even the older ones it's exhausting
skoolkidd retweeted
most aggregators pick the route on a server before the trade.
by the time it lands the prices are stale.
moose does it inside the swap transaction, at execution.
no server in the hot path.
Only on Monad
felt like picking the students' brains with this one today @avi_eisen 😂
what i didnt tell them is that there is a $650k compensation awaiting them should they solve it in 90s without hints
skoolkidd retweeted
Scaling fixes have been deployed--moose should once again be the fastest aggregator on any chain, regardless of load. If you experience anything less than this, please tag me here on twitter or DM me and I'll fix it.
" It speeds up trade execution with an aggregation system that doesn't place a server between you and the blockchain.
This means there’s no way for market makers or PropAMMs to spoof Moose;
which in turn means our users won’t be spoofed with fake quotes. "
I wonder who's building this
Today, 0x published an interesting and important article about an emerging phenomenon, first seen in PropAMMs, now in UniV4 hooks.
To summarize: malicious makers alternate between very tight and very wide quotes. Tight quotes get the venue selected by the aggregator, but then when the user's trade gets routed to the venue the quote is wide.
Slippage settings (i.e. limit price) protects some users, causing the trade to just fail, but many users set their slippage settings far too permissively. Those users get taxed brutally - the article highlights some hooks alternating between 0 and 18% fees.
(A few months ago, Solana posted an really excellent article about this same phenomenon occurring on Solana aggregators, although with upper-end fees more like 1% instead of 18%. They quietly took the article down a few days later.)
The promise of open systems is elimination of middlemen and hidden taxes. Aggregator spoofing represents a huge hidden tax, and it can only truly be solved by fully-on-chain order routing.
That in turn requires plentiful computation and flexible account access (i.e. no access lists, no pre-specification of touched accounts like in Solana). You basically need a really performant and efficient EVM. On top of that, you need a well-designed on-chain routing protocol. Who's building this?
Today, 0x published an interesting and important article about an emerging phenomenon, first seen in PropAMMs, now in UniV4 hooks.
To summarize: malicious makers alternate between very tight and very wide quotes. Tight quotes get the venue selected by the aggregator, but then when the user's trade gets routed to the venue the quote is wide.
Slippage settings (i.e. limit price) protects some users, causing the trade to just fail, but many users set their slippage settings far too permissively. Those users get taxed brutally - the article highlights some hooks alternating between 0 and 18% fees.
(A few months ago, Solana posted an really excellent article about this same phenomenon occurring on Solana aggregators, although with upper-end fees more like 1% instead of 18%. They quietly took the article down a few days later.)
The promise of open systems is elimination of middlemen and hidden taxes. Aggregator spoofing represents a huge hidden tax, and it can only truly be solved by fully-on-chain order routing.
That in turn requires plentiful computation and flexible account access (i.e. no access lists, no pre-specification of touched accounts like in Solana). You basically need a really performant and efficient EVM. On top of that, you need a well-designed on-chain routing protocol. Who's building this?
Wrote this yesterday to summarize the math and motivations behind leveraged looping, a key growth lever for asset issuers
If you are bringing an asset on chain and trying to make sense of the relevant rates, I'd love to chat
" lol it literally looks like parody bro "
- Kyle, self-proclaimed vision transformer expert blogging on twitter
skoolkidd retweeted
Replying to @EvanHub
If the engineer of an aircraft said it had a greater than 10% chance of killing everyone aboard, it would never leave the ground.
But the central insanity is the people building the technology tell us it could destroy humanity and governments respond by helping them build it faster.
Meanwhile, public attention is directed towards small boats and immigrants.
And people are being encouraged to fear powerless people arriving with almost nothing while barely noticing the small group of immensely powerful people taking a consciously acknowledged risk with everybody’s existence.