Fishy
@FishFishDeFi
Followers
704
Following
637
Media
6
Statuses
400
Protocols with sustainable business models enjoyer Founder @GummiFi ex @FeiProtocol @RariCapital @orangedaoxyz OF2 Not financial advice Never forget ☀️
Joined November 2020
Don't wanna be here?
Send us removal request.
Explore trending content on Musk Viewer
#TheKingdomsConcert
• 221109 Tweets
Lakers
• 146621 Tweets
#WWERaw
• 133791 Tweets
Mariners
• 107347 Tweets
Lebron
• 81863 Tweets
Nuggets
• 73584 Tweets
Timberwolves
• 49548 Tweets
Jamal Murray
• 46672 Tweets
Tatum
• 29162 Tweets
All To Myself D-2
• 25473 Tweets
Derrick White
• 24819 Tweets
Jokic
• 24760 Tweets
Darvin Ham
• 20282 Tweets
Darío
• 17476 Tweets
Cancun
• 13432 Tweets
Reaves
• 12676 Tweets
Freya
• 11883 Tweets
Hayes
• 11489 Tweets
無料10連
• 11327 Tweets
風呂キャンセル界隈
• 11254 Tweets
桂由美さん
• 11157 Tweets
Vando
• 10790 Tweets
ETH Maxis are missing out on a sick opportunity in
@RariCapital
pool
#146
. Deposit wstETH in pool, borrow ETH for 1%, free 4.2% APR every time you loop. Just better than holding ETH (unless you're worried about wstETH peg)
3
6
27
is anyone working on gas abstraction for Ethereum?
@redactedcartel
's Dinero is the closest example I can think of
2
2
17
0
0
7
@osmosiszone
or
@berachain
should let LPs rebalance at top of block automatically so they can protect themselves from toxic flow
2
0
3
@texturepunx
finally a pretty cool nft for profile pictures, not a bunch of random traits where 99% of NFTs are undesirable
0
0
4
@ajnafi
where's the best place to post requests for liquidity?
would make the UX sick if I could easily req + get matched
2
0
5
0
0
5
@DrNickA
shame there are so many in crypto trying to build systems exactly like this
many innovations in blockchain will empower CBDC/surveillance tech
1
0
4
There are two types of "Real Yield" in crypto that I know about: Profits from other people speculating (dYdX, GMX), or profits from lending to TradFi institutions (MakerDAO RWA). Shame we haven't created a service which has non-speculative use and is profitable
0
1
4
@stableshaman
@AsfiShaheen
Multi-collateral RAI like Nikolai's RicoBank (which includes real-world assets like barrels of oil) can have significant adoption benefits, for example a real-world company borrowing it with their oil reserves at a negative rate.
0
0
4
@iamcrowne
@TimBeiko
people who use their eth to secure the network are now able to withdraw (in the test version of eth network)
1
0
4
@csquared_eth
@pomomoh
@DegenSpartan
Been working on it a bit each day, will publish before end of week. Currently doing Alchemix, icETH, Rocket Pool, Stakewise, Ankr, Synthetix, astETH (Aave), and cETH (Compound) along with relevant LPs.
1
0
3
so strange to see fake versions of yourself on discord for the first time
1
0
4
Where does the interest go? on Fishy’s Newsletter
1
0
3
@sassal0x
@dineshkpinto
Most of L1 gas burn is not whales/big players tho, almost always retail on Opensea/Uniswap
So majority of the gas burn (and liquidity) moves to L2, L1 won't be able to collect much
1
0
3
just wait
1
0
3
@etherpulse_eth
@DegenSpartan
only if the bad debt is beyond a degree Aave can/is willing to insure
Even if there is bad debt Aave will likely pay, its fine but may be temporarily illiquid in the worst case
0
0
3
@DefiMoon
saying there's 0 liq risk is genuinely insane
if CRV were to go down by >33% (through natural price movement) Aave could be in danger of serious bad debt.
CRV is down 33% in the past 3 months anyways
We're still in a risky stage of DeFi, CRV is still a pretty risky alt
1
0
3
@OneTrueKirk
@CreditGuild
Disagree that buyback and burn favors sellers over long term holders. For protocols that already have solid runway buybacks can be a great way to accrue more value to long term holders as they earn a larger proportion of the supply.
1
0
3
TAI, the first multi-collateral RAI-like is live!
TAI should solve many of the issues with RAI (such as dominant negative rates), and could potentially become an extremely popular mostly decentralized stable
Today is a good day for stablecoins
0
0
2
@vejeff_
@InterestDeFi
@MakerDAO
@QiDaoProtocol
@HedgeLabs
0 interest systems suffer from the fact that ultimately they still require a lender in the form of the stablecoin holder. Not sure about QiDAO or HedgeLabs but Liquity (an ETH 0% system) has to pay out token incentives to incentivize people to hold LUSD, which is not sustainable
1
0
3
0
0
3
@ImperiumPaper
@0xGeeGee
@MakerDAO
One could make a wrapper that lets you borrow against gov-deposited MKR to circumvent this.
Deposit MKR in wrapper which deposits in gov contract, returns an NFT representing how many govMKR owned. NFT can be borrowed against with collateral value being the value of their MKR.
1
0
3
@SmokeyTheBera
@0xcarnation
@SafeRatios
@berachain
Berachain brand
@dYdX
replacement on chain, staking rewards go to market makers 👀
1
0
3
I didn't fade $er and minted An Oath to $er NFT
0
0
3
@OneTrueKirk
From the UN Office of Drugs and Crime
Page 7
The... ‘interception rate’
for [AML] efforts... remains low. Globally, it appears that much less than 1% (probably around 0.2%) of the proceeds of crime laundered via the financial system are seized and frozen.
0
0
3
@signalapp
Signal's SMS support has helped me convince many of my friends to use the app. I'm very disappointed that the team is making this decision, as SMS support is a strong reason why Signal is the most popular encrypted messenger (compared to Session, Element etc.)
0
0
3
@cryptogle
Idk if I would be promoting this, very similar mechanisms to LUNA
Backing bad debt with their endogenous asset $RUNE
Collateral caps are smart, but $RUNE is pumping based on narrative rather than this being good mechanism design imo
1
0
3
@NorthRockLP
What about the fundamentals that liquid staking doesn't need a fee-extractive governance token, especially after Distributed Validator tech becomes commonplace?
1
0
3
@euler_mab
@eulerfinance
LINK has staking, CVX has vote-locking, and RAI holders are usually decentralization focused (so Euler doesn't support them in the first place). Many long-tail assets have unique qualities that simple assets like ETH or USDC do not that limit their use in lending markets.
1
0
3
@milkyway16eth
@fuckyourputs
moderately decentralized, the name brand in its field, holders accept less than average returns, kinda real
0
0
2
dm me if you wanna hang in Paris tomorrow or anytime throughout the next week
0
0
3
@DegenSpartan
will make a proposal to add the other types of staked ETH into the pool, good ideas
1
0
3
@DegenSpartan
in a few yield discord servers and people will literally post about pools acting like they're 1000% yield with $1000 TVL
0
0
3
0
0
2
@JackLongarzo
Most tokenomics "innovation" is just ways to lie to and psyop retail about what you're actually doing
Props to you guys for building real usecases tho, luckily still many builders like that
0
0
2
@yaron_velner
@sebdotg
@vejeff_
@InterestDeFi
@MakerDAO
@QiDaoProtocol
@HedgeLabs
agree on Liquity, problem is why would someone hold a decentralized stable that gives 0% when you can hold one that gives 2% (this compromises stability because who will buy). Liquity-like systems will eventually find an equilibrium IMO, either through voting or algos (or both)
1
0
1
@SalomonCrypto
@MaxResnick1
Right now there aren't many uses for ETH Mainnet other than those with >$50,000 NW. It's fine to build network effect using cheap tx fees at the expense of smaller node operators, but the ETH Core Team doesn't seem to like this trade off.
0
0
2
@sassal0x
@dineshkpinto
Who is utilizing the liquidity tho? Retail
Liquidity moves to where the most profit can be extracted (which will be L2 due to retail trading).
MEV bots feed off of retail, so they will follow to the reduced L2 gas fees (greatly reducing L1 gas consumption)
0
0
2
@samecwilliams
Never heard of proof-of-work described as an ingenuity black-hole before, but it makes a ton of sense and provides food for thought about the future of decentralized systems.👋
1
0
2
@0xkydo
@lsukernik
@lawmaster
@HelloShreyas
@derek_hsue
@MonetSupply
GFX's FeiRari proposal initially included big spending, rejected by the DAO tho
1
0
2
Ankr's aETHc is currently at a 9% discount, if you believe staking withdrawals in March then 30%+ APR
Note: Ankr's BNB liquid staking product suffered a hack but was fully recapitalized today
Strongly doubt they'll get hacked again
0
0
2
Ultimately it seems that money market protocols are positioned to be the best stablecoins moreso than
@MakerDAO
or
@LiquityF
(due to experience handling a multitude of CDP colllateral). I'm excited to see
@AaveAave
or
@compoundfinance
pursue a single-stablecoin borrowing model.
2
0
2
Running a full node or validator needs to be as easy as using Metamask
0
0
2
Someone should make a wrapper for
@unsheth_xyz
's staked unshETH so that the principal can be used in
@pendle_fi
Would help decouple risk of rate decrease/collateral loss, and let people get early liquidity on their position.
0
0
1
1
0
2
@binji_x
@adamscochran
@RuneKek
@statelayer
Have any OP stack chains implemented a "strong" level of sequencer security such as fraud proofs? Is this possible with current resources?
0
0
2
@spreekaway
Kyberswap has been messed up for a while, do not recommend anyone uses it
When buying AnkrETH their aggregator was literally programmed to show 1% more output than was even possible
0
0
2
@MakerDAO
@LiquityF
@AaveAave
@compoundfinance
Somewhere good to start in my eyes is
@InterestDeFi
, with the listed collateral of
@AaveAave
, preferably with different stables per-chain.
0
0
2
The problem of LUSD going over peg ultimately cannot be solved without a USDC PSM (which trades price stability for centralization risk), as there are certain times (liquidation heavy periods) where LUSD will be inherently more valuable.
0
0
2
@0xcarnation
@MikeAbundo
Potentially, but there may be more integrated builder + searcher combos with Lido.
Large Lido operators are incentivized to do private deals with MEV shops for order flow, so they may not be accepting the best blocks.
This may be ignorant of MEV-Boost/Lido mechanics tho
0
0
2
What makes Ethereum's distribution special?
When it comes down to why Microsoft/Google/US Govt can't make a chain replacing ETH, the main argument I see is that ETH's network is global + has a lot of validators.
700k validators doesn't seem hard to beat for megacorps/govts
1
0
2
@0xcarnation
@SafeRatios
@berachain
@SmokeyTheBera
haha, I mean it fixes it in the same way uniswap does with staking rewards going to AMM LPs
1
0
2
@0xGeeGee
Those types of NFTs can be easily fractionalized, are there meaningful Solidly forks other than Velodrome?
1
0
2
@markus_0_
I said I would MEV-Protect her
she said she would MEV-Share with me
but check her wallet and she got sandwiched with a vanilla RPC
0
1
1
@0xdoug
I had this misconception because most AMMs run on high fee very slow platforms whereas most CLOBs run on low-fee extremely quick platforms
Seems like slowness and high fees make you susceptible to HFT/MEV, not the type of market
0
0
1
@zetalyrae
@OneTrueKirk
But an several orders of magnitude more energy than we use now for "pretty complex" simulations?
0
0
1
step 1.
hold lots of BTC
step 2.
bet a small share of my holdings into an unwinnable bet that pumps the price of BTC due to my sheer confidence and fame
step 3.
lose bet but profit from BTC price up
0
0
1
I don't actually understand what the problem is with 4-8x-ing the ETH block size. If a solo-staker is depositing $40k to validate, why should $1000 of SSDs be a problem? Solo-staking could still further decentralize in the future as storage cost reduces.
1
0
1