Simon Harman - psyman.eth
@SimonAHarman
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Web3 Founder @Chainflip @Session_app | 🇦🇺 | Berlin dweller | first principles maximalist | maximalism minimalist 🇺🇦
Berlin
Joined February 2018
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Last Seen Profiles
Ok, so heaps of people in the
@Chainflip
community have been trying to get us to list $TAO. We checked - we could do it - but we need
@bittensor_
to add the substrate pallet "proxy" through a runtime upgrade. Then it'll be easy.
Community - help us make this happen!!
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Yeah, it took almost 4 years from conception to launch, 35 staff, and over $15m in expenses to get here. There were many setbacks, heartbreaks, and a fair share of mistakes.
But yeah, it was totally worth it.
So I'm sorry we're a bit late - but I hope you'll be celebrating
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It's only just the start, but a huge thanks to the
@Chainflip
team for all your efforts and sticking with me these last few years. Big big love 💕
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I've been so excited to see the
@Chainflip
SSOD Auctions system play out in the real world since I first wrote about them 3 years ago. I knew that it would take people one or two cycles to figure out how it works, but check this out:
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🫸BIG POST TIME🫷
Now that we’ve launched, it’s time to give the
@Chainflip
community an updated sense of the vision and strategy for Chainflip over the coming months and years. Nothing drives strategy better than real-world data, which we now have in spades.
Let me break down
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Since the TGE, the team has been sending it non-stop. We are honoured by the level of interest in the project, and will do our very best to reach and exceed the bar that the markets have set for the project.
We're already planning our next steps to extend our capabilities as a
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Amazing analogy! DEXes currently cover ~4% of the BTC market (thanks to
@THORChain
). Together we can make that 30% or more. A vibey street is a much more attractive to crypto 'diners.'
We will make each other better, and we will do it knowing that the more people come down main
@DefiDrew
@THORChain
@Chainflip
It's like a street with only one restaurant. If another shows up across the road more people will come to both.
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I am so stoked to finally be launching $FLIP
It's been a long and often uphill battle to get here, and I didn't think it was possible that'd it'd so bullish even just a couple of months ago! Let's gooooo!!!
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It's been a turbulent couple of weeks in the $FLIP market, but when we crack $100m daily volumes on the DEX it will all be just noise. Pushing hard for the tools necessary to achieve this for
@Chainflip
.
We announced the LP program today as just the very beginning of a string
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We hit 1000 nodes,
@Loki_Project
! What a milestone. As of right now there is approximately $6.8m worth of Loki locked up in nodes right now, and we're nearing that 50% lockup ratio sweet spot. That's awesome!
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The universe has been returned to its natural state of order. Why this wasn't the pecking order for so long beats me but happy to see a novel chain break the deadlock after so many years. We have been developing a
@Chainflip
integration. Stay tuned for updates ;)
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After a lot of hours with
@JefferysKee
and others, the
@session_app
📰📰📰whitepaper📰📰📰 is now 🔥live🔥
This is the culmination of 18 months worth of research, design, and implementation. It's a good
#privacy
read. Check it out!
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Listen up fellow Australians 🇦🇺 - this is an important topic, so I wrote a deep dive into our contact tracing app.
RT for reach, hopefully it makes a difference!
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It's so exciting to be doing work out in the open now after 3 years of quietly shipping in the background, but still few know the true extent of our ambitious roadmap
I'm buZzing just thinking about it...
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Caps raised by 10x - we are here to play with the big bois now
Rates on swaps are looking sweet - we're competitive with
@Uniswap
on a 4 ETH -> USDC swap.
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To the people calling
@Chainflip
's progress "slow" - look at the size of the opportunity. You can't hack together a half-assed product and expect to beat these massive businesses. We're in it along with the other quality DEXes to create permanent change in crypto markets. LFG ↗️
90%+ of today's pie is centralized rails. Embarrassing for an industry whose purpose is decentralization, permissionlessness, and trust minimization
Tomorrow's CEXes will be a wrapper and asset issuer for the DEX rails which are being built and hardened today
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Money printer goes brr. $COMP. $USD. $YAM. Modern monetary theory. Discover the dangerous world of
#DeFi
governance tokens in my first personal cryptoeconomics blog post. More to come.
Read here:
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So good to see some market recognition for the work we've done at the
@Loki_Project
over the last 3 years...tons of exciting things to announce coming up very soon! Very proud of the team for all their hard work at
@session_app
and
@Lokinet_org
and the
@LokiFoundation
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@LayerZero_Labs
Hey guys, have you considered that this will actually make the problem so much worse?
This just incentivises more faucet vultures to drain testnet tokens for personal gain, ending Georli's viability as a testnet.
Even if it's a pain, gETH must remain worthless
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The minimum active bid is rapidly accelerating to 10k FLIP....3 hours until the auction ends... where's it gonna be??
Authority APR still as much as 300%+ at the bottom end of the set!
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The SSOD Validator Auctions are playing out just as expected. The minimum active bid has grown to $700k worth of FLIP in a week. We are almost at $100m TvL in bonded FLIP already. Check out the theory!
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Been waiting for an opportunity to LP on
@Chainflip
but don't want to build and run a bot to do JIT?
Here's a potentially good one:
Step 1: Put USDC & USDT in a tight range order near 1:1 on Chainflip
Step 2: Do nothing & Earn 0.05% in interest every time your collateral is
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I'm confused. So I thought I'd write a bit about what I see in the Web3 space at the moment:
We just went throught the "DeFi Summer" equivalent in 2024, 4 years from the last big cycle. The initial "yield farming" (which we all now know is PvP) phase lasted a short while and
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URGENT: THE BLOCKSWAP PAPER WENT LIVE AND ITS AMAZING
Such a great application for
@Loki_Project
nodes!
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Did you know back in the day we almost decided to move Loki to Berlin?
Turns out if you're patient you *can* build amazing engineering teams in Melbourne, and you still get sunsets like this. Don't buy the grass is greener in the valley meme.
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I'm still beaming! Not only has the Chainflip AMM design I wrote about months ago been validated on
@Uniswap
in the wild, someone gave it an epic name too. *Just in Time Liquidity* aka JIT liquidity - epic for users, epic for efficiency. Time to edit this:
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Is any office in Berlin complete without beer tables? This ain't a späti, but our new
@Chainflip
digs feat
@HustenNiklas
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Presenting: Chainflip Labs Community Update
#5
"sudo apt upgrade -y" your brain with the last few months of patches around here, and plans for the future!
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Feels good man
🐳 Swapped
➡️ 10.00 $BTC ($693,190.00)
⬅️ 686,862.604501 $USDC ($686,862.60)
☑️ via
@THORSwap
#chainflip
#flip
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Come get paid some FLIP to learn how to run Chainflip Validators. To be credibly decentralised, validators have to be demystified, and that's only possible by disseminating knowledge to anyone that wants it.
Be a part of the
@Chainflip
OG cohort. Bonus clout for Flippy holders
Incentivised Testnet: Soundcheck | Application form live.
Please remember it's not a race. Applications will be assessed on quality, not speed. A little effort will go a long way.
lfg.
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I was thinking about what we've done at the
@Loki_Project
over the last couple of years and a bit, and thought it'd be cute to share what we've accomplished so far 💪💪
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I am asked a lot why privacy matters, and as our products mature, the challenges of permissionless systems is a topic I felt we needed to address. So we've put together a short explanation, a much larger one to follow
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Encryption isn't yet dead. WhatsApp is, Signal uses phone numbers, telegram isnt normally encrypted. A truly sorry state of affairs. Thankfully Loki Messenger is evolving quickly.
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I met many
@Chainflip
supporters in Paris over the last couple of days.
Big things are happening across the space, and it's hard to understate the importance of relationship building in support of our mission.
I have told my liver that the damage was for a good cause 😇
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Yeah it's thanksgiving. No, we don't care. It was either this or waiting another week. WE CHOSE NOW!!
⛓️ It’s official. ⛓️
The FLIP TGE will take place exactly 7 days from now at 12h00 UTC, on the 23rd of November, 2023.
This launch symbolises years of meticulous work. Exchange listing announcements to follow. Check out the announcement:
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Pls help - we need another human to work on very cool private messaging tech with us if you are or you know a competent human who can javascript...😇
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The Just-In-Time supply chain system is getting seriously tested, and the pandemic hasn't even been declared. Panic buys like this are dumb, but it goes to show how limited our local stockpiles actually are with food, water, fuel and medical supplies.
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The number of times I have had to say "please read the docs" in the last few days is staggering...
I get it that everyone in crypto has the attention span of a retired goldfish - but seriously - 99% of the answers are RIGHT THERE! There's even a search bar🤦♂️
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You want a tip? Club Mate is a fresh and tasty caffeinated drink popularised by Berlin hackers in the 90s. Give it to your team and watch a tower of it get demolished in 48 hours. You'll also notice a 40% increase in weekly commits and tweets. Enjoy!
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LFG
@subwalletapp
, lets get some DOT volume!
Bringing native cross-chain swaps to the
@Polkadot
ecosystem is a no-brainer, and Subwallet is taking advantage of that.
Swap native $ETH to $DOT without having to leave their wallet!
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$LOKI now on Uniswap through wLOKI, first LP payout in 24 hours. Go get some yields, stake that LOKI
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It's that time again,
@Loki_Project
is hiring backend engineers! C++/Rust preferred but blockchain/eth experience also good, she to anyone in the AU timezone who might be a good fit and looking to work for a great team:
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The core
@Loki_Project
devs have been powering through the pulse PoS upgrade, a pretty unique step for the privacy preserving chain! Go team!
A big day for the
#LokiNetwork
! Today on the public $LOKI Devnet, one of the first full Proof of Stake
#Cryptonote
blocks was produced! Block 5,070 is the first of many, expect
#Pulse
to come to mainnet pretty soon.
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When you get a booth at
#Consensus2019
but your team is too busy building stuff...
@Loki_Project
@uguu25519
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I am deeply proud of my first meagre contribution to
@session_app
android app repo.
@nielsandriesse
is proud. I fixed a thing that was annoying me. Thanks
@Minecraft
for teaching me java many moons ago.
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Some math: If anyone gets lucky enough to get a minimum 1 FLIP validator in the next
@Chainflip
authority set, they will theoretically have an APR of 3,650,000%+.... unlikely but fun to think about 😅
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I am at
@0xliscon
today and here in Lisbon till Friday, if you're here too, hit me up. I even dragged a kicking and screaming
@tomnashflex
here, and we are both sweating over Flippy NFTs. Who else is here?
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We really need a UI/UX designer at Loki quite badly right now, pls help
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@mgnr_io
Great thread. I'd really appreciate it if you could cast your eyes over the
@Chainflip
JIT AMM design which is specifically designed to auction off small batches to MMs as you describe:
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@bascule
"developed by the alt-right with the goal of using them for 8chan" - this is straight up defamation my friend. If you are going to make claims such as these, I really wish you would be able to provide better evidence than a video full of falsehoods that we've already debunked.
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The amount of people I know personally that got laid off or lost their income this week is truly staggering....
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For those new to Loki,
@JimsHodling
has succinctly summarised exactly why it's worth your time.
The privacy toolkit you need for the digital age. $loki
- Private cross chain swaps
- The infrastructure
- Private messaging
- Private browsing
All with economic incentives.
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The Americans woke up and *saved* crypto overnight! ⛅god bless⛅ our wild cousins. They just love hanging out on aircraft carriers and pumping assets
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Very excited to see the dates for
@web3summit
at
@BerBlockWeek
with
@1kxnetwork
! Easily the best decentralised tech event I've been to. Who's in? 14-16 Sept
Very much looking forward to showing off
@session_app
this year!
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All these crypto anarchist types - calling politicians fascists for putting down travel bans and restricting their 'right' to travel - have never seen war, plague or famine before. Few of us alive today have. They don't have to like it, but they will eat their words.
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2022 will be hard to forget, even though a lot of us would rather not remember. I wrote up some thoughts on what comes next: 2023.
There are many things to be **boolish** about, so
\\quit doomscrolling//
and check it out:
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I spoke to
@arielbogle
at
@abcnews
recently about
@Lokinet_org
and the surprising situation on our testnet, have a read:
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Pulse blocks on the
@Loki_Project
are now working great after resolving the issue which stalled the rollover to PoS. Very proud of the team!
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If you didn't catch it, I really enjoyed this pod - if you want to get the lowdown on what the hell we're doing
@Chainflip
this is a proper deep dive with
@CannnGurel
and
@Shaughnessy119
and I. Mainly I ranting. Thanks again for the opportunity guys!
New Podcast 🚨
@SimonAHarman
and team have spent years building
@Chainflip
to enable native cross chain-swaps
He gives an absolute masterclass on this episode
Gigabrain
@CannnGurel
leads this alpha packed conversation 🧠
Anon this is peak alpha
iTunes:
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These sneaky motherfuckers are so lucky....dat apy
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I'm bringing on some of the Chainflip squad's finest foot soldiers to put them in front of the community and talk about what we're actually doing in and around the code.
We haven't really ever done this before - so if you want to hear from the devs themselves and ask whatever
In line with this week's network update to 1.3, we will be hosting a Tech Talk to cover all things $USDT & JIT, and beyond.
Various members of the Chainflip dev team will be on to answer any of your questions. Enter in your questions below:
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What I really wanna know is how the fuck did he manage to get Chainflip Validator up from a no-internet prison? How did he get the FLIP??
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A pleasure to chat about secure messaging today at
@tasfreelancers
- if anyone has follow-up questions or ideas do feel free to reach out!
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Chainflip Rave, 15 Sept at Aeve
Great lineup coming very soon, would be awesome to see you there! Tagging some Berlin crypto people who might not have got wind yet <3
@UltimateApp
@Henry_DeFi
@ZoeCatherineF
@CryptoGirlsClub
@adamthesalmon
@susevans
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A small example of some of the sticky problems we've tackled on the road to launching
@session_app
- and we're almost there!
Coding friend requests sounds easy, right? Not so much when you're a decentralised messenger.
Take a look at how we solved this surprisingly sticky problem:
#Session
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I meet a lot of randoms out and about, and when they ask what I do, I'm trying to figure out what to say. Best ones I've come up with so far:
- Professional Plate Spinner
- I just talk to people, you know
- Fixing the future of France
- Something something blockchain
- ???
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This marks the beginning of the end for the centralised exchange. We don't need you anymore.
@Chainflip
will handle the spot markets, and in the meantime,
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THREAD 1/15: Market cycles in crypto: why this industry keeps burning itself:
Some of you will be wondering today where it all went wrong and what happens next.
This is my second so called 'cycle' now (2014-today) and I think I've got a useful tool for you
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I did this (except the missing bracket ignore that lel)
Session used to contain some code fragments from Google Firebase Analytics, something we use for internal testing. This code was never active in your version of Session, but now we've stripped it out completely, as verified by our friends over at
@ExodusPrivacy
.
#GetSession
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Cost and time to set up company remotely in:
🇩🇪Germany: Several hundred euros and several weeks, involving embassies and physical mailing of several documents to private lawyers the state liscences to register stuff
🇬🇧UK: £12 and 20 mins all online
Don't be a Germany, kids
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My name has been used in a sophisticated phishing attack. I am not the CEO of
@LayerZero_Labs
- in fact we have nothing to do with each other. Discord phishing attacks are common, elaborate, and effective. I have been the victim of one too in the past. Some tips:
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Been working on this one in the background for a while, strap in for 8 glorious pages of excessive detail about the work behind the scenes at
@Chainflip
What happens when you build an AMM on a dedicated blockchain that doesn't have to follow EVM rules?
DeFi nerds, this one is for you:
Chainflip Cryptoeconomics Part 3: SWAPPING LOGIC - BATCHING AND THE DEATH OF MEV
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@KyleSamani
How about neither?
Both ride on the assumption that carrying assets issued on mutually exclusive chains is even a desirable user flow.
With the stables natively issued on all the major chains now, native cross chain swaps are the best way to achieve seamless user experiences
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I am PUMPED to talk about BlockSwap...been looking at this for weeks now and honestly think we're on to something...
#DeFi
, but low-key.
That's right, Loki is entering the DeFi space.
Introducing Blockswap — our new private cross-chain asset swapping service.
Read more:
#LokiNetwork
#CrossChain
#LokiBlockswap
#Crypto
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Contact tracing apps in Australia: Actually not the authotarian nightmare you would think it is. Its actually very cool, is open source, and respects user autonomy. I'll be opting in. Post to follow shortly.
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For the next week
@LokiFoundation
is deploying the Liqudity fund on
Still ~400% APY, and its a non gov token that's been around for ages. limited imp loss due to USDT pairing. If youre at a loss as to what to farm, might be worth a look
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Big
@Chainflip
hiring time (Engineering, Marketing, BD, Analysis) - If you are a nerd OR KNOW SAID NERDS- please take a look! Chainflip is like nothing you will have ever worked on before. RT for reach.
#berlin
#defi
#hiring
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As if we haven't had enough big news lately already, the
@Loki_Project
is finally releasing exits.
This has been a long time coming - and we're stoked to finally drop this!
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I feel like this is not well practiced in my industry, but quote of the day:
"May you always be with others"
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PM says
#covidsafe
to be made open source in 2 weeks, which I think is fair. Already been decompiled on Android. Seems like they're actually doing all the right things this time! 😲😲😲😲 SHOCK!
Download the app, and encourage your skeptical mates to read more 😅
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At Loki we gave new marketing candidates a 1 week trial to get up to speed with the project by giving them topics and quizzing them as they went. One said "I have never studied this hard in my life." Amazing how fast people can learn with more than a piece of paper on offer!
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So proud of the whole
@session_app
team for handling this unprecedented influx of users, who are securing their communications in the face of true oppression under the Iranian regime.
This is what it's been all about, all along.
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DOWNLOAD RATE AND REVIEW NOW
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OTC $Loki trades anyone? I'll be able to help
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