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Tonyp

@tonyp

134 Following
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@tonyp
Yeah. You could maybe see someone like Gauntlet adding senior tranches of LRTs to their Prime vault and creating a high-yield vault to take the junior tranches. šŸ¤· risk never disappears, but you can move it around.
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@tonyp
Another idea: You could front the Blue market with a tranching contract. Senior shares sacrifice some of their yield to the junior shares for taking the first loss. Given morpho socializes losses on bad debt liquidation, I think you could enforce the value of the shares on deposit/withdrawal
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@tonyp
Are you profit maxing or joy maxing?
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Is anyone building anything interesting at the confluence of DeFi and ZK?
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Its also interesting that multi asset Balancer pools didn't take off. I bet you could make something interesting with the hooks in Balancer V3 and lending out some of the tokens.
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do devs find gas monetization interesting? https://x.com/AndreCronjeTech/status/1832634461697273997
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@tonyp
That's a BOLD statement
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@tonyp
fantastic writeup on intents by @0xemperor https://crypto.mirror.xyz/yfBzBTJg5VTZXlpAZ9SpvVFbbkADiT34tS3xJ3Luo98
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What I find most interesting in DeFi today: New tokenomics for the $EUL token https://x.com/euler_mab/status/1832016111010787800 I'm a sucker for an auction
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Surprised to see there is over a million ETH borrowed on Aave. Is there a good place to see what these positions are collateralized by?
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If the product/market donā€™t fit, you must pivot!
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I donā€™t know if any decentralized dollars have actually crossed the chasm to real-world usage. Fiat backed coins seem like a much better fit.
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@tonyp
Any thoughts on why an ETH-pegged CDP ā€œstablecoinā€ never took off?
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Money is a generally accepted medium of exchange. https://www.cato.org/blog/three-pronged-blunder-or-what-money-what-it-isnt
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If the financial system doesn't work without a lender-of-last-resort (aka the Fed) willing to print unlimited money in a crisis, does it actually work at all?
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Flatcoins exist in this weird uncanny valley for me. The exotic peg makes them riskier than dollar pegged coins. CPI is a worse store of value than SPY or ETH. Instant onchain settlement means neither party has a non-yield bearing payable/receivable.
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What is more likely, a government accustomed to printing infinite amount of its currency moving to a digital hard asset standard or continuing to print its own currency on a smart contract chain?
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The moral economies of the shire. https://x.com/imperiumpaper/status/1797232362129854729?s=46&t=Gdg27M409WkRrOX1lGAlGQ
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Hereā€™s the full talk https://youtu.be/di61vAoFpvA?si=TAOlJ0TevCNBgxJU
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Jupiters JLP is pretty good. More or less stable with good yield. Not risk free though.
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