Tsuko
@tsuko
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Vitalik Buterin
@vitalik.eth
The contract here is a sublinear staking contract: if you are in the whitelist (specified as an ERC1155 collection), then you can stake N coins, and get a return of N ** 0.75 coins per slot, for as long as the contract has coins to pay for it. There is a fundedUntil mechanism that ensures that if the contract runs out of money, every staker gets rewarded for every slot up to the fundedUntil timestamp, and the mechanism doesn't turn into a fractional reserve. https://github.com/ethereum/research/blob/master/sublinear_staking/code.vy Bounty of total 2 ETH for identifying any bugs / vulnerabilities in the contract and proposing specific fixes, if multiple issues are found the bounty will be split based on severity. Amount: 2 ETH @bountybot
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Vitalik Buterin
@vitalik.eth
I am noticing that the most successful new ideologies of the past decade are very object-level (prescriptions on specific issues) and quite little meta-level (social processes for making decisions on object-level issues). Examples: * Abstract libertarianism feels much weaker than 10 years ago. But issue-specific versions of it are quite successful: YIMBY (housing), the crypto space * e/acc (it's about all technology in theory, but ends up being about AI in practice) * The largest cluster in effective altruism morphed from being meta-level ("think harder to making sure your donations are going where they can do the most good!") to object level (AI safety, with a little bit of animal welfare and global public health) * Longevity movement Maybe network states and Glen and Audrey's Plurality movement are two exceptions - but in general the above feels like a strong pattern. Any ideas why this meta level -> object level shift seems to be taking place?
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Vitalik Buterin
@vitalik.eth
Sorry, but no. Crypto people claimed the right to butcher the word "inflation" first, and we already decided that it now just means "increase in the total supply of a currency". https://x.com/axios/status/1794737808269070432
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jesse.base.eth 🔵
@jessepollak
This week: - FIT21 passes with bipartisan majority - ETH ETF approved - Onchain pizza goes viral - Pectra roadmap + timeline locked for Q12025 - Hundreds of thousands wallets onboard to @base And summer hasn't even started. Onchain acceleration.
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Tsuko
@tsuko
Hello les magiciens !
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Chris Dixon
@cdixon.eth
The House of Representatives made history today by passing the Financial Innovation and Technology for the 21st Century Act (FIT21). FIT21’s success is proof that protecting blockchain technology in the U.S. has strong, bipartisan support. More below. ⤵️
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