Where Whales Went to Work in H2 2023 58 implied HN points • 25 Jan 24 🔮 Crypto DeFi Staking Protocols Free markets can lead to global optimizations but leave local economies vulnerable to shifts in market winds Maker's sDAI offered attractive yields by backing DAI with off-chain assets and partnering with treasury bills New projects like Blast and Mantle quickly gained TVL through innovative strategies and partnerships in the crypto market
Lending Protocol Taxonomy, part 2: Interest Rates 39 implied HN points • 16 Nov 23 💰 Finance Interest Rates Pricing Auctions Interest rates in lending protocols are usually quoted as annualized percentage rate (APR) or yield (APY). Different pricing mechanisms in lending protocols include orderbook pricing, utilization-based pricing, auctions, and manual/governance-led pricing. Protocols like Ajna and Tazz introduce innovative ways to set interest rates without relying on oracles, enabling unique functionalities.
Lending Protocol Taxonomy, part 1: Interest Duration 19 implied HN points • 25 Oct 23 🔮 Crypto Lending Contracts Protocols Interest in lending can be characterized by duration and rate. Crypto lending protocols often have terms tied to block times, automatically rolling over. Positive duration loans, like perpetual loans with optionality, could offer new features and insights.
Whale Songs Explained 19 implied HN points • 03 Oct 23 🕹 Technology Privacy Blockchain Cryptography Security Data Whale Songs allows anonymous tweeting from accounts with $1M in on-chain assets Spartan-ECDSA is an important tool for zero-knowledge proof circuits Challenges include handling large datasets, computationally intensive processes, and server limitations
Hello world 98 implied HN points • 29 Mar 17 The author resigned from a job in quant trading to explore other opportunities and work with different people. He learned the importance of adapting to uncertainty, focusing on details, and letting the market judge his work. The author is looking forward to exploring open source technologies, working in small teams, and learning about blockchain.
Chatbots are stuck in a Nolan movie 3 HN points • 21 Feb 23 🕹 Technology AI Chatbots Consciousness Language Models Artificial Intelligence There are no concrete tests for consciousness in AI Advancements in AI have raised questions on consciousness Chatbots lack long-term memory but can still affect the world
AppFolio acquires Dynasty 19 implied HN points • 13 Jan 19 Dynasty, a startup focused on real estate leasing logistics, was acquired by AppFolio. The acquisition means the team behind LISA can scale their solution much sooner. LISA, the product developed by Dynasty, streamlines property manager leasing operations with AI integration.
Story of a trade 0 implied HN points • 12 Oct 20 Found an arbitrage opportunity in a pool with mispriced swap. Became aware of the importance of understanding where alpha is derived from in trading strategies. Experienced the thrill of finding alpha but also the short-lived nature of trading success.
Intents are just... 0 implied HN points • 13 Jun 23 🕹 Technology Blockchain Cryptocurrency Decentralization User Experience Intents are not the same as transactions; they are declarative and specify desired state changes. The market is moving towards user-intents over submitted transactions for better prices and experiences. Intents, like limit orders, are hard to decentralize, leading to siloed centralized servers and extraction of rent from users.