Frijo (1≈1)
@Fr1j00
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In all things of nature there is something of the marvelous. Lead developer and co-creator of @pintodotmoney, the next iteration of money.
Joined November 2024
Ready to take @pintocommunity to the next level. The world needs low volatility, leviathan free monies, and we aim to deliver hard. Expect big things 2025 🌱
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Ill never forgive the Eth devs for removing EIP7907 in the Fusaka upgrade- Pinto is at the point where we require multiple library links in order to get the contracts down to 24kb 🙃 Time spent on dealing with this is time not spent on writing good code
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printer gone rouge, couldn’t be @pintodotmoney
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any sufficiently advanced engineering is indistinguishable from art.
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The biggest elephant in the room is that the defacto MoE and UoA on @ethereum are USD wrappers and not money. One camp has surrendered to this reality. Another ridicules the entire crypto economy because of it. The few who don’t belong to either camp are Farmers building and
one of the scariest parts of this situation is how many people in high places acknowledge to me the problem behind the scenes but to date have not spoken publicly about the issue. we need leadership within the @ethereum community to be brave and speak out about this issue.
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Ahead of each Fed meeting, everyone is forced to speculate on what a few people will decide. The fate of the global economy shouldn’t hinge on guessing a handful of officials’ next move. Monetary policy should be transparent, deterministic, and fair. The absence of these
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the dependence on centralized stablecoins that poses an existential threat to the sovereignty of @ethereum comes from the false dichotomy around stablecoins as either perfectly stable, or broken. while the absence of volatility is a key driver of utility of media of exchanges
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Humanity was always able to turn the impossible into reality. A scalable, network native MoE and UoA is no different. I refuse to accept the notion that an Algostable is impossible based on the evidence of Terra. A properly designed money model can align the incentives to make
crypto and ai can gigafry your brain in similar ways. you either end up trying to invent new physics with chatgpt, or new economics with an algostable.
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fascinating data on the farm today: there was a wall of bids stacked at 700%, but one lone farmer bid soil and undercut everyone by 2%. This PvP dynamic is exactly how the protocol sells soil at the most efficient rate possible.
This week, the Temperature has risen from 650% to attract lenders. It seems to have found a bid at 698%. 🧪
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Relying on centralized assets as the primary UoA & MoE puts entire networks at risk - circle, tether, and even users benefit massively by having their own chain. Network native money is the only way out - @pintodotmoney is the solution
Stablecoin giants Tether and Circle, along with payments leader Stripe, are launching their own blockchains. If they are going to win, then someone needs to lose, right? 🧵👇🏻
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One of the inefficiencies of the current pod marketplace is that a 3rd party cannot come in and cross orders. There's currently a bid for pods at one price and place in line, and pods listed that are earlier in line (at the same price). We aim to address this and numerous
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When we launched $Pinto, we had no idea that the next 5 months in crypto would be brutally bearish. The fact that the model, with very little credit worthiness, was able to survive in this environment, speaks volumes to the strength of the model. My money is on @pintodotmoney 🌱
I thought @pintodotmoney had suffered the same fate as beanstalk after a few months pleasantly surprised to see it’s close to a dollar. unbelievable it recovered from .34. What happened? seems peg maintenance is working. 7 months now. What does it look like in a year?
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pinto at peg…bean price at .53 u can ignore but u can’t deny
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as PintoWETH earns no more seeds, users are incentivized to move to another LP, balancing the system towards its ideal LP distribution!
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Boom Excited to see this in action. Honored to be playing a part in building the new economy 🎉
PI-11 is live! Convert Down Penalty is now more aggressive below $1.005 to smooth issuance and reduce boom-bust cycles. wSOL & WETH pools have been dewhitelisted to restore LP-to-LP convert flow and reduce MEV risk, respectively. Check it out:
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