Mike 🧺
@MikeVEMP
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Co-Founder of VEMP | https://t.co/6soBiOmTIE | Head of Product at Alvara | https://t.co/lfmSeZLMxs |
Joined October 2021
LeL
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The BSKT activation just went live. Built on ERC-7621. Portfolios have officially leveled up 🧺
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Big if true
The Oct 11 Crypto Crash — What Really Happened TL;DR: Roughly $60–90M of $USDe was dumped on Binance, along with $wBETH and $BNSOL, exploiting a pricing flaw that valued collateral using Binance’s own order-book data instead of external oracles. That localized depeg triggered
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*shocked Pikachu face* What do we expect when the source material is garbage? Moloch’s Bargain: https://t.co/if3xpkUKLq
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First time doing Disneyland as a parent, I’m terrified. Send tips. (Info not money)
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I've been a wanker for over 30 years, and it's finally a good thing 😎
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August 14th: Alvara Mainnet Beta Launch. BSKT Lab goes live. The Initial Basket Offering (IBO) begins 🧺 First baskets mint and the ERC-7621 proves concept. History in the making. ↓
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my last 2 months have been incredibly productive and busy on the development side. bribes, DAOs, an arcade, and some more DeFi 👨🏼💻
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does AI need an anime waifu personification? If someone asked this question 2 years ago they'd be called a simp
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Pumpfun owners are the modern web3 equivalent of the first guys to open a casino
While retail traders lose billions on memecoins, Pump Fun just pocketed $500 MILLION by weaponizing psychology against you. The manipulation goes deeper than you think 🧵👇
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just got rejected from yc for using all lowercase in our application
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why does lewis capaldi look like he doesn't know how he got there in every social interaction he has? he's truly one of us
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Tick, tick, BSKT. DeFi will never be the same again. August 2025: Alvara goes live.
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been wearing my dev hat a lot over the last few weeks and it’s been very cathartic
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Got in the zone today and wrote a script to automate weekly gauge weight voting that could be used for @AlvaraProtocol BSKT incentives. Might not be the one used in production but it feels good to build stuff that works.
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hold my beer
To get an EIP in, you have to convince the 5 main client teams. The EIP will be completely dissected with loads of discussions, profiling, tests. Unrivalled engineering rigor, coordination. Trust me bro, it’s definitely not “just a few devs”. Hats off to the teams.
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you ever rebrand so hard you create a new asset class
We’ve rebranded. The basket era starts now. 🧵 1990: ETFs 2008: BTC 2015: ERC-20s 2021: NFTs 2025: BSKTs
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You ever rebrand so hard it birthed a new paradigm in the crypto market?
We’ve rebranded. The basket era starts now. 🧵 1990: ETFs 2008: BTC 2015: ERC-20s 2021: NFTs 2025: BSKTs
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