Switching from Chrome to Arc (@arcinternet) has been the biggest incremental improvement to my Internetting experience in awhile.
Things I like:
- videos/video calls automatically switch to mini-players when you switch tabs
- side nav = more vertical real estate + organization, so you can have endless tabs without feeling like you have endless tabs
- ChatGPT built into the URL bar
- single swipe between work and personal (and other) profiles
- it’s cute
...plus lots of other small UX niceties!
Switching to a side nav was definitely an adjustment, but now that I’ve gone to the dark side, I don't think I can go back.
Sometimes it's the little things...
arc.net/
Recently, I've been spending more of my time mentoring other designers to help them learn the unique nuances of designing for DeFi.
I never thought of myself as a natural mentor, but it's been a much easier and more rewarding shift than I imagined.
Having a single clear vision for the design of the product is still important, but shaping that vision into a real, usable, and beloved product is a team effort—and way more fun that way, too.
Orca is hiring 👀👇
jobs.solana.com/companies/or…
wanna be a killer (🐳) design00r?
let's do it together ☺️
jobs.solana.com/companies/or…
Ori | cofounder of @orca_so retweeted
Arguments floating around Twitter surrounding markouts mischaracterize how CLAMM's actually work
CLOB maxis misunderstand who the actual users of CLAMM's are. Arguments using markout implicitly assume that liquidity providers are essentially passive and are blindly hoping to make money by throwing it into the pool. We've seen from the data that this assumption was never true. Liquidity providers can be profitable, even on competitive pools like SOL/USDC, and even accounting for divergence loss
CLOB maxis have also accused Orca of hiding divergence loss. We've always made the risks of divergence loss clear in our UI. Furthermore, in the Liquidity Terminal, Orca makes the relationship between yield and divergence loss explicit. From both our own calculations, and speaking directly with liquidity providers, we've found that active liquidity providers who understand the markets are making profits on Orca, often consistently
The twitter algo rewards shit-stirrers. You can listen to them, and miss out on the fun. Or you can try the Liquidity Terminal, and compete to earn some of Orca's fees. Which, btw, is the majority of fees generated across Solana DEX's
After 8+ months of design & dev, the Liquidity Terminal is here!
Candles for TA.
Robust backtesting.
"Time to profit" estimation.
...All in one tab.
Apply for exclusive access: bit.ly/LTBetaAccess
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Ori | cofounder of @orca_so retweeted
Will from @orca_so dropping knowledge about on chain program security on the Developer Stage at #Breakpoint2023
Building is about more than product—just as important is building trust among the many diverse contributors to a protocol.
Proud of Orca's growth/ops/marketing champ @KayZizzle for sharing her POV on the @SolanaConf dev stage.
Thank you for bringing empathy to this space!
It's not perfect—in fact, it's a raw, hot-off-the-press MVP—but it's the result of months of research, design, and code, and I'm excited to finally share it with you.
When I was a kid, it was never my dream to be personally famous, but I *did* dream of creating something that people around the world would use (and love).
To that end, It's been an honor to see @orca_so evolve from scrappy underdog to core infrastructure. 💛
Ori | cofounder of @orca_so retweeted
Some thoughts on the term “impermanent loss”
AMMs make liquidity provision accessible to new and wider audiences, with significantly less sophistication than traditional market makers
I made up the word impermanent loss (IL) to help describe to new audiences (NOT professional MMs, quants, math phds) how a passive, path independent LP position will perform based on long term price divergence
Or put simply, to describe the fact that a position will perform better (before fees are factored in) the closer the starting price is to the price at the moment you close your position
This is just one of many ways to thing about LP position performance
For the pros, it also serves some purpose - to signal/describe the path independent nature of AMM positions - most market making strategies are path dependent. But pros that don't like the term also don't need to use it.
Finally, "solving" IL is not really a thing, since IL simply describes how a position reacts to price divergence.
You can modify a LP position/strategy so it reacts differently to price divergence - but that is simply taking on a different LP position - the less reactive to price divergence, the less liquidity created and fees earned. When projects market "IL protection / reduction" w/o describing what that means, I think it lessens peoples understanding of what is happening, rather than increasing.
Anyway, making complex things accessible to new audiences is hard and AMMs have been a massive step in the right direction. AMMs are going to dominate stable (low volatility) and long tail (smaller/newer ) markets forever. I think they also have a good chance of dominating top volatile markets too but thats a story for another day.
Designing solo can be fun, but like most disciplines, it's better with a buddy.
Shall we play co-op? 🎮🤓
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Ori | cofounder of @orca_so retweeted
Join us later on to learn more about the Finance and Payments track, in the current Hyperdrive Hackathon ⚡️
Judges @cypherj @oritheorca from @helio_pay @orca_so will share their advice and knowledge 🧠
Set your reminders below 👇
This, 100%.
Technology is important, but technology is not a brand.
When it comes to @Solana — "consensus at the speed of light" is not going to win over any normies.
Instead, let's talk about "XXX at the speed of light": Gaming, payments, trading...
End users care what they can do, not how it's done. Inspire them to feel the difference.
When I'm working through a UX problem, I can't stop thinking about it.
You'll find me ambling around in a daze at the grocery store, at the beach, in the mountains, mulling over the different ways to solve it. 🚶♀️💭
I live and breathe design, and that's become so second nature that I forgot that it's not entirely normal.
This space reminded me of that—and of how lucky I am to get to work in this space, pushing the boundaries of what's considered "good design."
A huge thank you to @SolanaLegend, @litexo, @LoganJastremski, and the wider @solana community for giving me the confidence to believe that a "non-crypto crypto" person like me has something to contribute to this space.
I was, and remain, moved.
💛