- OpenSea has a VC arm now for web3: https://opensea.io/opensea-ventures. Also “Ecosystem Grants” but smaller and more focused on NFTs.
- Didn’t know the parent; MetaMask and Infura and Truffle are all part of the ConsenSys suite: https://consensys.net/. Joe Lubin.
- Fundrise is a real estate investment fund. They charge ~1% in fees. Performance has been more stable than public REITs, lower highs and fewer lows. They do have a mint integration.
- https://fundrise.com/offerings/fundrise-ipo/view.
- Right now I average 70wpm @98% accuracy with just letters. When you add frequent capitals and special characters (practical daily coding), speed drops by half.
- My hits/misses and frequencies by key:
- Played with storage in devtools, inspected examples of what youtube stored in local (player volume) vs session (playback speed) vs cookies (login) vs indexeddb (logs, metadata).
- A cup is a cup is a cup. It has the same volume, no matter if it’s measuring a solid or liquid substance. It’s 8 fluid ounces ( = 237ml = 237 cm^3 = 14.5 in^3 ). The difference is that solid substances have different densities (fluid ounce normalizes on water), so mass is a better measurement for dry. The other difference is that dry measures have a flat top for levelling, wet measures have gradations and an uneven top spout for pouring.
- Just listened to that 434-video udacity webdev course in the background while working today instead of music. Was introductory and partially obsolete, but interesting bc hosted by Steve Huffman (reddit founder, yc 2005).
- To right-click with the keyboard: shift-f10, or the document key (right fn).
- Crypto VCs.
- Earliest rounds are SAFT; simple agreement for future tokens.
- Big US names: a16z, draper, polychain, paradigm, pantera, coinbase.
- 100k min for the pantera btc feeder fund.
- Polychain’s companies (79 public right now): https://jobs.polychain.capital/companies.
- Created a profile on their job network.
- Some etherscan endpoints to get transactions for an eth account/address: https://docs.etherscan.io/api-endpoints/accounts.
- See in their UI: https://etherscan.io/address/<yourPublicAddress>#transactions.
- Or https://etherscan.io/txs?a=<yourPublicAddress>
- There’s also a geth command: https://ethereum.stackexchange.com/questions/2531/common-useful-javascript-snippets-for-geth/3478#3478.
- There’s also Adamant’s python tool: https://github.com/Adamant-im/ETH-transactions-storage.
- And TrueBlocks: https://github.com/TrueBlocks/trueblocks-core.
- See in their UI: https://etherscan.io/address/<yourPublicAddress>#transactions.
- Mayor eric adams’ (public) paycheck is 10k, first in btc obv taken for a loss right now.
- Bridgesplit: DeFi but with non fungible tokens instead of fungible tokens.
- https://bridgesplit.com/. It’s on Solana.
- Put your NFTs up as collateral for loan, use them to yield farm (not sure how they do this, nothing to stake), index them, more.
- Sounds like you can get interest by providing liquidity to NFT indexes. Pool a bunch of NFTs together (fractionalized or full) and allow people to buy in, all in smart contracts.
- Offers NFT fractionalization too, so the bar for blue-chip NFTs is lower.
- Tokenomics is the overall distribution. What % is issued, burning, held, mined, invested, locked in contracted, liquid, etc. Example:
- Getro provides a linkedin integration to pull a user’s data to something like a job board.
- 1inch. https://1inch.io/.
- An aggregator. A liquidity aggregator. Compares a ton of live swaps.
- Checks across multiple DEXes on many networks (eth, bnb, polygon, optimism, gnosis, avalanche, arbitrum) to execute your trades at best quotes and lowest fees.
- Will play with this for my next few swaps.
- Another platform with a unicorn logo.
- Joined a few socials, twitter/discord/reddit/medium.
- 1INCH is #103 on coinmarketcap right now with 610m market cap.
- CyberMondays NYC.
- Reread the uniswap v3 whitepaper: https://uniswap.org/whitepaper-v3.pdf.
- Constant product market makers are capital inefficient. Only a fraction of the assets are available at a given price. Concentrated liquidity improves this, allowing liquidity providers to specify their price range.
- Remember the basics of AMMs with constant product. If I want to trade WETH for ETH, I am not going to get the same amount back, even though they have the same price. As I contribute more WETH to the pool, it becomes higher in supply and lower in demand. So I get less ETH back. The product of both total reserves must stay constant. As the reserves go up, and liquidity becomes very high, these impacts are less and less.
- Remember this 50:50 ratio is all the value, not the number. So it’s usually converted to USD (via USDC). Eg it’s not 1BTC:1ETH, it’s 1BTC:14ETH.
- Some people intentionally move the price a lot on a small pool (where it’s easier to do so) and then arbitrage it themselves. Buy the asset after you’ve lowered it, then sell/swap on another exchange for the normal price. This is possible if the money required to move the price is small enough for the arbitrage to be more than the fees.
- Note too that this is what makes impermanent loss possible. The price ratio of asset1/asset2 must stay constant for that pool. But it could be different in another pool. So while both pools will follow the general market trend, due to buys/sells, they may do so at different rates.
- Enter 1inch!
- Liquidity is made discrete. Prices are separated into ticks; you can’t just specify your own custom float.
- If the price goes out of range, you stop earning fees, and all of that asset will be converted to the other (you’ll only have 1 token type in your liquidity pool).
- V3 also added fee tiers. There’s a liquidity pool for each token pair AND fee tier now. Used to be 0.3% for all. This is too high for stable pairs (can be 0.05% now), and too low for volatile pairs (can be 1% now).
- Fees are not automatically reinvested as additional liquidity in the pool now. They’re paid separately. They used to give you fungible LP tokens for the pair. But now, you are only providing liquidity over a custom range, not identical to anyone else’s; so you get nonfungible LP tokens back.
- Better oracle, you can now query recent price accumulator values. v2 only had the most recent. v3 has history.
- Some platforms like Balancer allow different ratios than 50/50. Can even have an LP with something like 98/2.
- Other platforms allow more than 2 assets. Can have something like 8 tokens in a pool. Math gets more complicated.
- The primary alternative to an AMM: an order book. Buyers place a buy order for a quantity/price they desire, sellers place a sell order. A trade is initiated when a buy order and a sell order match.
- History: uniswap v1 was all the pairs of (X/ETH). Everything traded with eth. So to go from USDC to BAT, you’d swap twice. V2 allow pools of any pair, so you could go direct. Both v1 and v2 were constant product, then v3 came out with concentrated liquidity.
- I think Whiteboard Crypto’s youtube videos are better than Finematics’.
- Kalshi.
- https://kalshi.com/. Binary markets (mostly. there are some ranges).
- Legal in the US and NY.
- Polymarket, but newer and gaining steam.
- Chainedmetrics, but markets for anything (not just KPIs).
- Kalshi is not on a blockchain. You connect a bank account and trade with USD. It just uses event contracts like polymarket and others do. Then what’s the difference between Kalshi and a standard web2 prediction market like PredictIt?
- Libra.
- Started in 2017. Renamed to Diem in december 2020. Project abandoned in Jan 2022.
- Was originally planned to be backed by a basket of difference currencies, and then reduced to just stablecoin backing.
- Offered a robust payment system. And Novi the wallet (formerly Calibra).
- Not decentralized; facebook/meta would be an authority. Only members of Libra/Diem association could mine blocks. Lots of huge company names in this ~30 member group.
- Written in rust.
- Biggest issues were regulation and opposition from banks.
- The vestiges were sold to Silvergate for 200m.
- Some of the old libra team is working now to start a new L1 blockchain called Aptos.
- Others from the old libra team split off (with a16z funding) to start Mysten Labs: https://mystenlabs.com/. Their goal is to build tooling/infrastructure/platform to accelerate others onto web3. https://medium.com/mysten-labs/introducing-mysten-labs-building-foundational-infra-for-web3-7e5ec3df1ccb. Read a bit and followed discord/twitter/medium.