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Blockchain enthusiast ๐Ÿ”— | CT '17 class ๐ŸŽ“ | Indipendent DeFi researcher ๐Ÿงช๐Ÿ”ฌ๐Ÿ‘จ๐Ÿปโ€๐Ÿ”ฌ

Joined March 2013
Photo by 0xN40 (@0xN40)Photo by 0xN40 (@0xN40)Photo by 0xN40 (@0xN40)Photo by 0xN40 (@0xN40)Photo by 0xN40 (@0xN40)Photo by 0xN40 (@0xN40)Photo by 0xN40 (@0xN40)Photo by 0xN40 (@0xN40)Photo by 0xN40 (@0xN40)Photo by 0xN40 (@0xN40)
It is my birthday ๐ŸŽ‚ So iโ€™m giving away my entire @world_xyz Stimmy to my community ($444) To qualify: - RT and Follow - Comment Goodluck ๐ŸŽ‰
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0xN40 retweeted
"so you staked your ETH on the Ethereum blockchain to earn yield?" "yes, Dave" "except you didn't want your capital to be locked up so you actually staked it with a liquid staking protocol called Lido?" "that's correct, Dave" "and Lido gave you a liquid staking receipt token called stETH in return?" "yes, Dave" "and then you didn't think that was enough, so you juiced the yield even further by depositing your stETH receipt tokens into a restaking protocol called Eigenlayer?" "you are correct, Dave" "and now you didn't want to lock up your capital, so you actually restaked with a liquid restaking protocol called KelpDAO who provided you with a liquid restaking receipt token called rsETH?" "you got it, Dave" "and then that was surely not enough juice, so you then deposited your rsETH tokens into a lending protocol called AAVE so that you could open a leveraged looping position that borrows ETH against the rsETH collateral and restakes the ETH into rsETH which is then deposited as collateral, except it turns out rsETH used a cross-chain bridge called LayerZero whose security is held together by a 1/1 toothpick, which was obviously hacked by north koreans causing rsETH to become undercollateralized and now these looping positions are stuck and unprofitable, and everyone is pointing fingers at each other, and also DeFi is a very serious industry" "you are 100% correct, dave" jfc.
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Happy birthday Bitcoin. 17 years since the genesis block.
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0xN40 retweeted
I want to give away $1,000 to someone. Follow and tag two friends and retweet. I'll pick the winner at random tonight.๐Ÿ˜Š๐Ÿฅฐ
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$HYPE HITS NEW ALL TIME HIGH OF $55.76 Hyperliquid.
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And the bottom occurred when no one was looking, as always. $ETH / $BTC
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Clean break above $120K. The real bull market is finally here fellas.
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Hi @Synthia_SF, what's the best APY you can get for stables today?
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> We underperform everything for a whole year, condition all of the plebs to fade ETH, then we send it to 10k with no dips.
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largest ETHUSD daily candle in history, 3070->3661 (+591)
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itโ€™s simple, the lower we go the larger my bid
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0xN40 retweeted
The worldโ€™s largest asset manager is onchain. Not soon, not planning, but *is*
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something ironic about gas wars to restake eth
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>Creates largest crypto exchange in 6 months >Targeted by agencies globally >Unrelenting negative press coverage >Shitposts through it all >Settles with gov, walks a free man >Retains ownership of company, can return after 3 yrs >Exchange operates seamlessly throughout this saga
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SBF found guilty on all 7 counts. Let's remember that he operated "the safe and regulated" exchange, and not a single regulator caught him. It was, instead, the market, which is not only a great fountain of innovation, but also the best arbiter of discipline and justice.
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I don't get why people still complain about Ethereum layer 1 gas fees L1 fees are never going to be cheap - use a L2 network which is cheaper and will get much cheaper over time Or you can use a different L1 and quickly realise why everyone uses Ethereum (in spite of the fees)
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Incredible slow motion footage of a cheetah running at over 60mph (96km/h), captured at 1200fps by cinematographer Greg Wilson.
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Introducing "KilroyPunk," a collaboration between artist/designer @elmselms & web3 luminary @0xfoobar โœ— First ever collaborative multichain OE โœ— 48-hour mint โœ— Available on Ethereum, Polygon, Avalanche, BNB Chain, & Optimism Mint "KilroyPunk" โ•ฐapp.holograph.xyz
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