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Alex Shevchenko πŸ‡ΊπŸ‡¦ Profile
Alex Shevchenko πŸ‡ΊπŸ‡¦

@AlexAuroraDev

Followers
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Following
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Co-founder of @auroraisnear | CEO of Aurora Labs, Defuse Labs | Building blockchain infra since 2015

Joined July 2017
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@AlexAuroraDev
Alex Shevchenko πŸ‡ΊπŸ‡¦
10 days
A mega-thread on why now is a seriously good time to build on NEAR Intents 🧡
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@AlexAuroraDev
Alex Shevchenko πŸ‡ΊπŸ‡¦
2 days
Sorry for confusion, I meant that 'we are building the infrastructure that makes it real.'
@AlexAuroraDev
Alex Shevchenko πŸ‡ΊπŸ‡¦
2 days
We too
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@NCLAlegal
New Civil Liberties Alliance
4 days
When the President plays fast and loose with β€œemergency powers,” it’s small businesses like Learning Resources and @hand2mind that pay the price. As the Supreme Court heard oral arguments today in Learning Resources v. Trump, Chairman and CEO Rich Woldenberg sat down with NCLA’s
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@AlexAuroraDev
Alex Shevchenko πŸ‡ΊπŸ‡¦
2 days
We have a prototype of AI agent that stops you from doing stupid financial decisions like this one. Should we ship it in prod?
@intents_infobot
NEAR Intents InfoBot
2 days
πŸ’₯ Big Swap Alert πŸ’₯ 594.87 $ZEC(@Zcash) ➑️ 4.13 $BTC(Bitcoin) πŸ” https://t.co/AtqCPhiTkA Powered by @NEAR_Intents βœ…
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@AlexAuroraDev
Alex Shevchenko πŸ‡ΊπŸ‡¦
2 days
NODL
@trading_axe
Ω‹
2 days
MANY PEOPLE are asking me for my views on the privacy trade. NEAR has been powering most of the ZEC transfers, If they charge for it [which should be standard practice], then it's going to put in a tremendous pump. As a trader, you have to anticipate things to make maximum
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@AlexAuroraDev
Alex Shevchenko πŸ‡ΊπŸ‡¦
2 days
We too
@erickuhn19
eric.gemini.eth
2 days
We've just launched support for Orchard, Zcash's most advanced privacy protocol, making @Gemini the first major exchange to support the latest generation of @Zcash shielded transactions. Following our August launch as the first major exchange to support Unified Addresses, this
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@MarketBeatCom
MarketBeat
3 days
3 Small AI Stocks Ready to Explode (All Under $20)
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@AlexAuroraDev
Alex Shevchenko πŸ‡ΊπŸ‡¦
2 days
nillions
@ol3gpetrov
Oleg Petrov
2 days
I just bought some more $NEAR on @THORSwap > I got quoted 7000 eth.usdc <> 2476.10 N (left pane) > I received 2487.27 N or +11 Near tokens How do they even do this?πŸ˜… https://t.co/sOhNJ09PpF to swap BTC, ZEC, Near Sol and more! nillions
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@AlexAuroraDev
Alex Shevchenko πŸ‡ΊπŸ‡¦
2 days
The core value of the blockchain is verifiability. Transparency is the implementation detail, because we didn't know how to provide verifiability in the other way. This will change soon.
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@AlexAuroraDev
Alex Shevchenko πŸ‡ΊπŸ‡¦
3 days
Once this is done, we will be able to calculate the NEAR Protocol revenue (and perhaps other protocols revenue) from the NEAR Intents.
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@AlexAuroraDev
Alex Shevchenko πŸ‡ΊπŸ‡¦
3 days
We are figuring out compliant way to properly handle contract and distribution fees that are intended to go towards NEAR protocol. Our intention is to keep NEAR Intents and the associated fees completely aligned with the decentralised nature of NEAR and other blockchains.
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@kneeovertoesguy
KneeOverToesGuy
10 days
The @ATGUSAMade Buddy Sled is a specific solution I kneeded for a school I’ve been helping. For my own workouts, I use the resisted treadmill - and all my shoes and equipment are on sale for the holidays! This video also covers the history of sled dragging:
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@AlexAuroraDev
Alex Shevchenko πŸ‡ΊπŸ‡¦
3 days
You should think about contract fees as the absolute minimum that goes into NEAR. While everything else is extra. Keeping low contract fees and adjusting sharing of the distribution fees helps NEAR Intents to cater to many partners.
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@AlexAuroraDev
Alex Shevchenko πŸ‡ΊπŸ‡¦
3 days
All the above means that Uniswap has 0 flows into the $UNI token. From my point of view, this number is what should be named protocol revenue.
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@AlexAuroraDev
Alex Shevchenko πŸ‡ΊπŸ‡¦
3 days
To compare: Uniswap has 0 contract fees, MM fees are open (depend on the pools, usually 0.3%) and go directly to LPs; https://t.co/MqhSkRSpvm FE implements the distribution fee of 0.25% on specific assets. This fee goest to the Uniswap Labs (not token holders).
Tweet card summary image
app.uniswap.org
Swap crypto on Ethereum, Base, Arbitrum, Polygon, Unichain and more. The DeFi platform trusted by millions.
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@AlexAuroraDev
Alex Shevchenko πŸ‡ΊπŸ‡¦
3 days
https://t.co/n8jRoAGvEl implements distribution fees of 0.2% for non-stablecoin swaps. These fees are intended to be accumulated into the flow to the NEAR protocol.
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@JohnRust_IN
John Rust
7 hours
Why would the US Government allow Argentina Beef to be labeled as β€œProduct of the USA?”? The establishment GOP got wiped out in the 2025 elections because they have abandoned fiscal conservatism. Plus a deep dive on how cattle farmers are being decimated by the political class in
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@AlexAuroraDev
Alex Shevchenko πŸ‡ΊπŸ‡¦
3 days
For authorised partners this number can go both up and down depending on many factors, mainly the business needs of the partner.
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@AlexAuroraDev
Alex Shevchenko πŸ‡ΊπŸ‡¦
3 days
The total 'flow into the NEAR protocol' consists of the contract fees and a share of the distribution fees. The split is usually dynamic and varies per partner. There's a default 0.1% distribution fee that is set up for all unauthorised integrations with 1CS.
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@AlexAuroraDev
Alex Shevchenko πŸ‡ΊπŸ‡¦
3 days
MM fees are not included in the dashboard, because 1) they are not on-chain 2) it is impossible to calculate those. MMs can use different hedging strategies or accumulate one-sided positions. It's their know-how and they won't share it with us.
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@AlexAuroraDev
Alex Shevchenko πŸ‡ΊπŸ‡¦
3 days
Another portion of the fees (0.001%) is instilled in the smart contracts and always goes to the NEAR Protocol. Right now this fee is set up to reduce errors during integrations. We can call this contract fees. (Yes, this is not protocol fees, see below)
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@Aasii
Aasi Tahir Siddique
10 days
Blameless, Not
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@AlexAuroraDev
Alex Shevchenko πŸ‡ΊπŸ‡¦
3 days
A portion of the fees is going to the front-ends / aggregators β€” all the parties that guide users to the protocol contracts. We call these distribution fees. We see for some swaps these fees are more than 1%.
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@AlexAuroraDev
Alex Shevchenko πŸ‡ΊπŸ‡¦
3 days
We think of the fee number in the same way how DEXes and Lending protocols: fees is everything that users are paying to achieve the goal. Fees must be trackable onchain.
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@AlexAuroraDev
Alex Shevchenko πŸ‡ΊπŸ‡¦
3 days
Total generated fees of NEAR Intents is $5.4M as of today. A thread on this topic.
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@CompanyCam
CompanyCam
12 days
"What's the best tool for contractors to be able to organize their job sites?"
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