valle.xyz

@vallexyz

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102 Followers

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gm. So Steaks V1 was a simple bet market. For Steaks V2, would you either: 1. Extend bet markets: everyone can open markets, creator fee depends on how balanced the bets are, and a better distribution towards early bets? 2. Create a super simple Degen perps, where you can provide liquidity or go long and short?

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Amazing how this prediction market actually adapts to the real price change. First ever opportunity to „short“ Degen.

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Does anyone ever thought that "long_exposure - short_exposure = LP_exposure" could be the equilibrium condition of a derivative protocol?

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On the back of this bet market are multiple fee redistribution mechanisms that reward early usage. 1. All previous bets receive 0.69% of all new bets. 2. All previous steaks receive 0.69% of all new steaks. 3. The Degen Utility Dao receives 0.69% of all new steaks (which will be sold as the only circulating supply).

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Wow, turned 2 DEGEN into 3.9! https://www.onceupon.gg/0x5e110e96f6ea3c35b5cda454771bb1876b1c53135857c4af4d66b98316e396f1

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Our Steak 🥩🎩 Deployer GenZ overtook the old one today and succeeded. Can you smell the steaks?

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Anyone else finds Custom Errors in Solidity to be a nightmare to debug?

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Great summary of a panel at the DEC. Bankless is brought to TradFi. https://www.ledgerinsights.com/will-stablecoins-battle-tokenized-deposits/

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@hellno.eth Adding very secure security function. 🫡 Stay safu.

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How would you go about starting a StopFractionalReserveBanking DAO?

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Thanks @hellno.eth for this great hackathon. Did not really get any shit down. But it feels so good to be in a group of other nerds. Family vibes!

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Could it be, that the ideal formula for perp dexes is: long - short = lp lp holds the same amount of assets (like ETH) than the volume in assets of (long - short)? It also includes the invariant: long >= short. In this equilibrium, LPs can get a delta-neutral borrow fee, which could eventually beat cex perps.

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@hellno.eth interesting for Assembly? https://github.com/wevm/wagmi/issues/3432

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Is it too late to join farcaster?

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🗳️ 🇪🇺 🇺🇦 🇮🇱 ✊ 🚫 🌈 💹 🗣️ ??? How can we, and I include you, signal our opinion for democracy and all the core values of freedom and self-expression in a simple, unobtrusive way? I am curious and eager for your input.

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@hellno.eth world

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