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- Unit. Banking as a service.
- https://www.unit.co/
- For developers to integrate financial services into their apps. Cards, payments, banking info, etc.
- They own compliance/regulation.
- DFNS. Custody as a service.
- https://www.dfns.co/
- APIs to generate wallets, sign transactions, key management, etc.
- They own compliance.
- Can specify policies as well.
- Set up macbook keyboard shortcuts for ctrl-option-<arrow> to tile windows left and right.
- On mac, fn-del is for forward delete, since there’s no separate key.
- Option-arrow is for jumping words. Command-arrow is for home/end (although fn-arrow works as well).
- UST/LUNA.
- When a user wants to swap LUNA for UST, guaranteed 1:1 in quantity (not value), a portion of LUNA is burned and a portion goes into the treasury.
- The burning of LUNA reduces LUNA’s supply, increasing its price.
- The minting of UST increases its supply, decreasing its price.
- This is how UST goes back down to $1 if it’s over $1. Users are incentivized to.
- The exact opposite is also true. If UST is below $1, users will trade 1 USDC for 1 LUNA, make a profit, and the value of USDC will increase by burning USDC and the value of LUNA will decrease by mingting LUNA.
- Arbitrage in both directions – this is what stabilizes UST.
- The treasury then buys bitcoin (or other non-terra-ecosystem value-holders) to further diversity and increase confidence.
- Matt Levine with a great quote: “(1) Ponzi, (2) acceptance, (3) diversification, (4) permanence.” Fake it till you make it, baby.
- LFG = Luna Foundation Guard.
- Connecting vscode to EC2 instance.
- Just use the “remote – ssh” extension.
- Get the pem of the keypair that launched the instance in a local file (chmod 400), the username, and the amazon-provided hostname, then add all that to a Host entry in ~/.ssh/config.
- Then simply add the host in vscode (it knows to check that file) then connect to that host.
- Easy. All through ssh conf.
- StakeDAO: https://stakedao.org/
- Full eth network, private, aws. Click PoA, bootnode, puppeth for genesis, clef for key management. Done.
