eric retweeted
hey, i’m hiring a content marketer to help tell the uniswap story
this person would work super closely with me on gtms, announcements, builder content, and much more
you’re a good fit if you:
- have 1-3 years of experience making content
- are obsessed with defi
- can write long form copy
- know X inside and out (and other platforms too)
if that’s you, apply below (NYC only!)
jobs.ashbyhq.com/uniswap/086…
eric retweeted
$BALANCE auction is now open
Users have 24 hours to submit bids from the Uniswap Web App
eric retweeted
balance is an artwork with liquid provenance.
credits are individual works made from cyan, magenta, yellow and black. each has a rating.
80 credits are burned to compose a statement. the collector chooses the arrangement. the ratings are added together.
a statement can be permanently locked to release its rating as transferable balance.
each wallet has an artwork displaying its balance and inherited colors. as tokens move, color moves with them. as balances meet, colors mix.
empty the wallet and the artwork remains.
this video follows 10,000 balance through six wallets. the total stays the same. its distribution and appearance change.
chance. choice. consequence.
an expanding surface. a finite supply.
eric retweeted
credits is an artwork about belief
each credit was created from a private payment - an $8 transaction on x money
each transaction id, originally visible only to sender and recipient, was converted to a sha-256 hash to create an artwork made of four 8x8 printing plates in cmyk (cyan, magenta, yellow and black)
the transaction id and settlement timestamp became public source data for the onchain artwork
the x money transaction settlement time (in seconds) determined which plates print - there are 15 different possible combinations of cmyk, so this process repeats 4 x per minute
if the original transaction id contained an 8, the resulting artwork metadata keeps track of each
the rarity calculation considers the color combination, the number of active pixels, the space they occupy after the plates shift, the number of 8s in the transaction id, and the registration of the plates
these qualities are measured against the completed collection and translated into a credit rating between 80 and 800
the rating measures those traits - it cannot account for every reason someone might value an image
the rating is fixed - the price is whatever someone is willing to pay
80 credits can be burned to create a statement
the collector chooses which credits to use and how to arrange them - their individual ratings are added together, and their colors become the material of the new artwork
a statement can take different visual forms without changing its rating
statements can also be overprinted - one is burned into another, combining their ink, ratings and histories
balance is the proposed next form
under this design, a statement can be permanently surrendered for its rating in divisible erc-20 tokens - one point becomes one balance
the statement is locked rather than destroyed - its artwork and history remain, but it can no longer be transferred
its quantity and color composition can move independently
each receiving wallet gets one non-transferable erc-721 artwork
the artwork stays with the wallet and reads its current balance of the transferable erc-20 token
the tokens move - the artwork updates
if the wallet holds nothing, the artwork remains and displays zero
when balances meet, their colors mix in proportion to the amounts received - when they split, each part carries a share of that mixture
the colors preserve an aggregate ancestry, not a traceable list of individual credits or statements
exchange custody can mix them further - a buyer may receive the exchange’s mixture rather than the particular colors a seller deposited
someone who never owned a credit or a statement can inherit their colors
credits, statements and balances can exist at the same time
some people keep the individual marks, some compose them into pages, and some surrender the page for something they can divide and exchange
others may simply prefer the balance artwork
composition reduces the number of surviving credits, overprinting reduces the number of surviving statements, and surrender moves statements out of circulation while releasing their accumulated rating as balance
the appetite for liquidity becomes one of the forces shaping all three collections
but making something divisible does not mean someone will want to buy it - actual liquidity still requires buyers and funded markets
balance offers divisibility, not a promise of demand
the market becomes a medium - its activity changes the distribution of the work, and when trading stops, that distribution remains
the price can disappear, the artwork cannot
eric retweeted
Introducing Autolaunch.
> raise early funds through a CCA auction. It tokenizes a stablecoin generating service or agent
> tokenholders stake to acquire a perpetual slice of stablecoin earnings
⟢ A new AiFi primitive we call revstake
autolaunch.sh is for backing long-term agents.
eric retweeted
it's very rare that Uniswap makes a liquid purchase of tokens. they have been extremely supportive, and this token purchase signifies how aligned our teams are
let’s win 🦄
Deepening our partnership with @Uniswap, Uniswap Labs has purchased ethereum:0x07f5b6823751c2e2cd4560f28af75ff887102241 for long-term alignment
Pons builds on 🦄
eric retweeted
Can't believe Donald Trump just bragged that he owns way more Tendies than "Boring Biden" who then revealed that he is actually Colonel Sanders and started throwing chicken wings at the audience. Great debate so far
eric retweeted
Replying to @soby0x @danrobinson
DAN ROBINSON I AM BEGGING YOU PEOPLE FINALLY CARE ABOUT UNISWAP PLEASE BULL POST V4 HOOKS @danrobinson WE DONT CARE ABOUT LLM'S WE BACK ON DEFI BABY
eric retweeted
$UMIA pre-bids are now open to eligible users
Pre-bidding gives your bid a chance to fill in the earliest blocks of the auction, which can result in lower average prices
Follow @umia_finance for more information
eric retweeted
Uniswap Auctions have quickly become the main way crypto native projects launch tokens and bootstrap liquidity
eric retweeted
$NET Thesis | $1057 | $57M FDV | $6M circ | $4M treasury of USDG + RWAs
(🥅, 🥅)
novel defi mechanism on Robinhood
$NET is the reserve share backed by at least 1 USDG of the protocol's on-chain portfolio, NetNetCapital accumulates productive assets like stablecoins and stocks through a few different mechanisms
pays out 1.2% per day to $NET stakers if NAV is 1.75x underlying treasury, currently trades at about 11x treasury, treasury has been growing substantially faster than the 1.2% $NET issuance
• 5% trading fee on all $NET purchases, goes to stablecoins in treasury
• bond issuance, allows people to buy $NET at a 8-12% discount by giving USDG, capped at a certain amount each day, protocol uses this USDG to accumulate tokenized stocks for the RWA-sleeve of the treasury
• protocol has different minigames where you can speculate to win more NET, fees from all of the games add to treasury reserves
• founder has done few interviews saying they've spoken with RH team on working together in future, previously worked on NBA topshot one of crypto's most successful consumer apps
• pseudo-options protocol at turbo.netnet.capital where ppl can earn high % returns betting on up/down of stocks
• working on on-chain mini-game mmorpg similar to DFK
-----
believe this is one of the most interesting spots on Robinhood chain, have been saying that my thesis for this cycle is memefi, combination of gamification + interesting on-chain financial mechanisms on top & this is clearly that with RWAs baked in
2020/21 defi cycle crypto had a lot of interesting onchain experiments, didnt have as many last cycle, there will be a lot of ETH whales who find this protocol and are interested imo, last cycle Blast got ~2.4B in stablecoin deposits, recently Plasma got 1B in deposits in a week, there is a lot of capital looking for new protocols to play with onchain when they do pop up
@NetNetCap
eric retweeted
lol @ people who said Robinhood eco success was a fluke
all of these teams are cooking:
@ponsdotfamily
@ClutchMarkets
@longdotxyz
@TheIndexFi
@virtuals_io
@Hookrfun
@fablesfi
also seeing milestone after milestone wrt to stock token volume on Uniswap
eric retweeted
The technical design for auto-compounding liquidity is pretty sexy and a personal contribution of mine to pools.trade
How it works:
The liquidity position is deposited into a smart contract with one simple rule - anyone can withdraw all unclaimed fees for that position, as long as they increase the size of that liquidity position by 0.2%
So fees grow over time and the moment they're worth more than 0.2% of the liquidity, a searcher is naturally incentivized to add 0.2% to the pool and claim the fees
Its a super simple, clean mechanism based on the Uniswap token jar
And honestly it would work for automcompounding regular Uniswap LP positions to. So we're adding it to the roadmap!!
eric retweeted
Birdeye Trenches is expanding to Robinhood Chain.
@TradePools will be the first launchpad supported, making it easier to discover and track the latest launches.
More integrations are on the way. Stay tuned 🐸





















