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Joshua (svm/acc) Profile
Joshua (svm/acc)

@0xJsum

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head of product @solayer_labs // founding pm @treehousefi // co-founder @collegedao_hub // @umich zell โ€˜24 // @superteamsg // multi-agent๐Ÿ“sf

San Francisco, CA
Joined November 2016
Don't wanna be here? Send us removal request.
@0xJsum
Joshua (svm/acc)
2 months
always get questions on what tf we're cooking (and will cook) at @solayer_labs ๐Ÿ‘€. so here's a bird's eye view of everything.- InfiniSVM and 1+ million TPS.- sSOL and Solayer's mega validator.- sUSD.- the emerald card.- transaction acceleration.- ??. come ๐Ÿ‘‡
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@0xJsum
Joshua (svm/acc)
9 days
// decide the hardware accelerated future. SIP-1 will pass and set a clear framework for the infinisvm's incentive mechanisms > if 70% of community votes are cast as YES. voting closes in just over a day. > solayer governance on realms v2.
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@0xJsum
Joshua (svm/acc)
9 days
5/ scope and mechanism for governance. SIP-1 is meant to set the global inflation schedule and establish a long-term economical framework for the infinisvm. specific mechanisms or a possible foundation delegation program will be managed outside of the scope of this proposal
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@0xJsum
Joshua (svm/acc)
9 days
4/ long-term inflation at 2%. this helps validators stay profitable in the long-run, while allowing the network to settle on a steady-state . this helps ecosystem players make projections and plan operations . and a low long-term inflation rate controls supply.
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@0xJsum
Joshua (svm/acc)
9 days
3/ disinflation at 15% - a decreasing inflation curve. as the network matures, the need for additional emissions to incentivize staking gradually fades. reducing inflation by 15% year-over-year helps to control inflation so that the ecosystem is not over-paying for security.
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@0xJsum
Joshua (svm/acc)
9 days
2/ initial inflation at 8%. as the infinisvm network launches, mainnet will need maximum participation from validators to secure the chain in the early days. a higher initial reward phase incentivizes more staking and attracts more stakers to get started.
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@0xJsum
Joshua (svm/acc)
9 days
1/ SIP-1 sets the inflation schedule of solayer's infinisvm chain to:. > initial inflation: 8% per year.> annual disinflation: 15% per year.> long-term inflation: 2% per year. where inflation only sets in when staking is enabled on the InfiniSVM L1 mainnet
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@0xJsum
Joshua (svm/acc)
9 days
// here are some key takeaways on our first SIP proposal ๐Ÿ‘‡. explained in this thread. for the full picture, definitely read the proposal on our github for the details.
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github.com
Solayer Improvement Proposals (SIP) describe proposed and accepted changes to the Solayer protocol. - solayer-labs/solayer-improvement-proposal
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@0xJsum
Joshua (svm/acc)
9 days
> @solayer_labs governance is now live on @realmsdaos . vote on the first solayer improvement proposal. SIP-1: setting InfiniSVM PoS inflation schedule. here's a thread on how we're thinking about economic security on InfiniSVM -> the hardware accelerated blockchain.
@solayer_labs
Solayer
11 days
governance voting is now live on @realmsdaos! ๐Ÿ›๏ธ. help shape the future of InfiniSVM and the Solayer ecosystem. SIP-1, which addresses the PoS inflation schedule, is now activeโคต๏ธ.
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@0xJsum
Joshua (svm/acc)
14 days
shill me your ai tools.we're looking to automate a ton of work. for context > we run an ultra-lean team of 10+ at @solayer_labs and we want to further 10x our output.
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@0xJsum
Joshua (svm/acc)
2 months
gm we're hiring in design/product at @solayer_labs . hmu if you're.> high agency.> a demon at Figma and building UIs.> based in the US ๐Ÿ‡บ๐Ÿ‡ธ.> great if based in sf/bay.> crypto-native/literate. our team is ultra-lean but cracked af.fits your vibe? lfg ๐Ÿค. // tag your designer frens
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@0xJsum
Joshua (svm/acc)
2 months
9/ our token launch back in Feb was the starting point, not an end in itself. there's more to work on, much more in the pipeline.and all are welcome to join the ride. // testnet is on the horizon and teams will have early access to 1M+ TPS. hit us up ๐Ÿค.> it's time to build.
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@0xJsum
Joshua (svm/acc)
2 months
8/ [redacted] product . coming soon ๐Ÿ”œ. first principles still stand - all value/revenue accrues back into the stack. > [redacted] will lead txn volume and drive InfniSVM adoption.> sSOL and sUSD will provide an industry-beating yield layer.> emerald card for consumer utility
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@0xJsum
Joshua (svm/acc)
2 months
7/ now the Emerald card ๐Ÿ’ณ. - spend your crypto IRL, without having to offramp. - spend and earn -> earn Emerald rewards from partnered projects across the ecosystem. - 77M+ peak annualized volume 1 month since launch. - global from day 1. next: physical and sub-cards
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@0xJsum
Joshua (svm/acc)
2 months
6/ sUSD - the yield bearing stablecoin. US Treasuries offer one of the most secure and stable yields for financial markets, but this has largely been unaccessible onchain. if you have USDC on Solana, you can now tap into T-bill yield onchain with sUSD.
@solayer_labs
Solayer
10 months
1/ today, we unveil the Solayer USD (#sUSD) protocol. the first RWA-backed synthetic stablecoin. anyone with $5 can access tokenized real world assets, starting with U.S. Treasury Bill, now live on @Solana. in partnership with @OpenEden_Labs. >
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@0xJsum
Joshua (svm/acc)
2 months
5/ Solana staking. Solayer runs one of the most performant validators on Solana - providing top tier yield for sSOL holders and native stakers. made possible with top of the line hardware and software optimizations -> and lessons from building the hardware accelerated InfiniSVM
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@0xJsum
Joshua (svm/acc)
2 months
4/ the vertical stack. value accrues from and compounds across every product line. > view Solayer as the sum of its parts, not individual products. - infiniSVM, the base layer. - sSOL + sUSD. - emerald card. - [redacted] product. builds the unified stack for modern finance
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@0xJsum
Joshua (svm/acc)
2 months
3/ now devnet. after defining the hardware accelerated category earlier this year, the InfiniSVM devnet is now live. - 100k+ transactions per second (TPS) in production. - RPC endpoints available. - faucet + explorer -> live. full deep dive ๐Ÿ‘‡.
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@solayer_labs
Solayer
3 months
1/ infiniSVM devnet. the hardware-accelerated, infinitely scaled, general-purpose execution layer. >
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@0xJsum
Joshua (svm/acc)
2 months
2/ a lean team that moves at lightspeed. the speed of this team's execution is orders of magnitude compared to anything I've seen/worked at. - emerald card in a month.- sSOL, sUSD, delegations and everything you see now in just a year. if you've been along for the ride, you know
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@0xJsum
Joshua (svm/acc)
3 months
svm summit.@solayer_labs . come
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