Riley 🏴☠️
@interchainriley
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founder @stride_zone prev: macro + quant @bridgewater / ml @berkeley_ai / fellow @janestreetgroup / cs @ucberkeley
NYC
Joined July 2022
appreciation post: sam is stride’s first employee and a real-life 10x engineer if using stride ever feels frictionless, it’s because sam spent the time sweating every edge case an unsung hero of cosmos happy 3 year anniversary at stride @sampocs13 🎉
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Excited to share what I’ve been up to! We’re building Gimlet to make AI inference chip agnostic. You can deploy Gimlet across a fleet of heterogenous GPUs to extend lifetimes and reduce TCO, without having to spend engineering time to support each chip.
A startup backed by Intel’s CEO is building software that can carve up artificial intelligence tasks and send them to different kinds of chips
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The last few months have been a reset. The way I see it, Stride is now at a crossroads: Our Cosmos LSTs are stable, trusted, and running smoothly. But we think the upside from here is tied to the growth of Cosmos, not product iteration from the team. And we’re restless:
1/ Big change at Stride: we’re cleanly separating two bets. STRD is the Cosmos LST token with buyback-and-burn. STRD‑R is a burn‑minted receipt for a future token if we find PMF outside Cosmos. Burn window Oct 15-Dec 4. Founders are burning 90% of their STRD.
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Stride contributors have been working tirelessly on a new path forward. Huge thanks to the many teams, investors, and community members who’ve reached out with support and opportunities. We’re considering everything deliberately and thoughtfully. Expect an update by end of next
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Let yourself occasionally get a little screwed in exchange for not having to live with your guard up all the time. It’s worth it.
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it’s a joy to be able to work with @sampocs13 every day, one of the best engineers I know happy 3 year sam!
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sam is also a talented and generous teacher he actively takes time to level up the eng team his excalidraw diagrams are the blueprints to stride & are now a classic piece of internal lore
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sam is one of the most self directed and motivated operators i know on launch weekend he spent three back-to-back nights in the office to ship stATOM his dedication raises the bar for the whole team
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Even Destiny100's disclosures admit they're subject to transfer restrictions on Stripe stock https://t.co/xZ1B2kBdGR
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there's precedent for the robinhood/openai drama: see "destiny tech100", an etf that claims retail access to hot private stocks including stripe. stripe warned the forwards were void, said it could claw back the shares do synthetic stocks need the issuer's blessing?
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there’s more: coinbase perps also get better tax treatment than *equity* futures they get 60/40 on individual tokens like btc, eth, sol meanwhile, aapl futures are taxed like stocks; only index futures get 60/40 in equities
Trading Coinbase perps has a huge tax advantage over other crypto perps and spot platforms. idk why all U.S. crypto traders wouldn't switch to this the minute it goes live
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The average $HYPE airdrop is now worth $109,568.
The average $HYPE airdrop is now worth $28,398. If mercenary airdrop farmers are the culprit for down-only charts, why is Hyperliquid with one of the largest airdrop allocations up-only? Furthermore, over 100 individuals/entities hold >400K HYPE Tokens. The #2 holder owns
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> "why sell stBGT?" do one thing and do it well
A governance proposal was just posted to authorize @BakerDAO420 to acquire Stride's stBGT. This proposal will let Stride fully focus on Cosmos and Stride DEX. Incubated by @kodiakfi and @eatsleepyeet, BakerDAO will continue to grow stBGT and will profit-share with Stride 👇🧵
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