RT @cryptoeconprof: @HannoLustig I would certainly be interested in the opportunity to convince you that there's more to permissionless blo….

i guess stargate decided to not consider the wormhole counter? or did they?. (not a holder, just curious).

Join millions who have switched to Grok.

be a positive. this argument does not place any judgment on behaviors like gambling or entertainment value of being exposed to volatility.

neutral to the average retail. but let's not forget that in theory, you can have a better portfolio when you have better coverage of assets in the world. so the proliferation of DATs will likely give institutions (which hold retail's money) better portfolios. that seems to. .

for the average retail. another way to think about this view is that, in the long run, the average premium or discount to NAV that an average retail get in or out of at, is simply the average and equilibrium premium or discount. it cancels out. this makes DAT at least . .

will be basically "fair" all the time. And the expected return on these things will be simply the fair return to compensate for the risk you are taking, on top of the opportunity cost you are giving up. is the semi-strong form of EMH true? not for everyoe, but definitely . .

does the average retail do? well, on average, they enter the market at an average time, place a market order, hold an average amount of time, and sell at an average time. now what? . recall semi-strong form of efficient market hypothesis: if you do the above, then your price. .

when we want to decide {something} is good vs. bad for {some group}, it's important to not cherry pick the subset. so we are not talking about the retail that's skillful, the retail that's a gambler, the retail that got in early or late. just the average retail. so what . .

these two together are funny.

should you buy or rent your place? many factors need to be considered, and it's overwhelming. most online tools don't properly account for opportunity cost. so i built an open-source calculator for it! . still work in progress, forks / PRs welcome.

RT @alanhwu_: Building an Arb Bot on Unichain

what kind of prompt does @cursor_ai give to its agent, to make sure it's so confident that i'm always absolutely right, absolutely every time?.

RT @alanhwu_: Bundles and opt-in revert protection are live on @unichain which means more tools for searchers to run efficient arb strats….

The protocol engineering team at @Uniswap is looking for an engineering manager! . Do I still need to explain? .

why doesn't @pumpdotfun launch its own token on @pumpdotfun ? . is it because it's not a good mechanism?.

not sure why i was recommended this one but . "today is the start of a world where you never have to think again" is definitely the most terrifying claim i've heard in a long time.

Just pulled a grail. Check out my Uniswap trading card 🦄

yep we are an AI company now.

RT @Uniswap: AI-Powered Dutch Auctions in Intent-Based Systems. June 25th @ 3:30PM. A technical session with @BradBachu on how AI and aucti….

thanks to everyone who participated - really couldn't have hoped for a better event! . the amount of interest from academia, as well as the number of times "i was wrong about AMM" was spoken, really speak to the potential of the new tech @Uniswap and others are building together.