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Brandon

@bvalosek

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Brandon
@bvalosek
This dynamic emerges from having the invariant constraint of a trade be a product (X*Y=K), while the spot price is a ratio (X/Y=quote price) CPMM = infinite liquidity, but price will change as the reserve balances of X and Y change
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Brandon
@bvalosek
The spot price of an extremely small buy order of Y is the ratio of X/Y The more liquidity (X*Y=K) you have, the larger buy order of Y you can make with an average "price" closer to X/Y Less liquidity = larger price impact / slippage
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Brandon
@bvalosek
K represents the aggregate liquidity in a way, since it's the amount of X and Y tokens multiplied together Because X*Y has to be the same K before and after a trade, a CPMM can be thought of as a automated market that keeps liquidity the same before and after a trade
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Brandon
@bvalosek
universal router needs will definitely grow beyond the 8 supported marketplaces the permit2 architecture means UNI (or anyone) can deploy new universal router forks w/o asking users to redo approvals for all tokens if the market can bare it, someone could fork the router + improve + add a fee
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Brandon
@bvalosek
it’s hard to justify a fee for such a simple low level immutable primitive that requires zero upkeep
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Brandon
@bvalosek
https://devblogs.microsoft.com/typescript/announcing-typescript-4-9/ some excellent goodies in this release
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Brandon
@bvalosek
creates a need for new models and mechanisms . incentivizing for perpetual volume is not a good structure for most types of ventures and is so easy to tip towards a ponzi
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Brandon
@bvalosek
Fun to think about how many practical and creative problems will be solvable in O(1) https://i.imgur.com/Y04KmD4.jpg
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Brandon
@bvalosek
https://i.imgur.com/5XrbKJJ.jpg
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Brandon
@bvalosek
This looks wild https://vived.io/new-hook-is-coming-to-react-frontend-weekly-vol-109/
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Brandon
@bvalosek
stay safe out there yall https://i.imgur.com/XYKc18i.png
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Brandon
@bvalosek
Role-bound tokens is a decent alternative
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Brandon
@bvalosek
What drove the decision to have app-managed priv key + recovery phrase UX for accounts ? Plans for a web app? Or are you using OS-level crypto for key management and web is too risky of an env? Support for multisig/ DAO accounts via eip1271? Biggest surprise since launch ?
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Brandon
@bvalosek
Maniac on Netflix
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Brandon
@bvalosek
new pfp https://i.imgur.com/wUnEPql.jpg
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Brandon
@bvalosek
One of my fav things we do at Metalabel is keep individual internal blogs. Helps us communicate and shape ideas async in a high fidelity way . @yancey words : https://ideaspace.substack.com/p/metablogging
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Brandon
@bvalosek
farcaster logged back in on a new phone w my recovery phase , ezpz
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Brandon
@bvalosek
writing unit tests at the airport, the age-old tradition
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Brandon
@bvalosek
https://docs.waterfall.market/docs new NFT market mechanism just dropped https://i.imgur.com/DIDdmBL.jpg
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Brandon
@bvalosek
NFT archeology. It's especially interesting seeing the pre-ERC721 approaches to handling non fungies
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