This is the Way!!
Mandalore
Joined October 2011
- Tweets5.9K
- Following6.1K
- Followers1.2K
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Dragonbilll retweeted
$10,000 USDC up for grabs.
Swap $250+ into eligible Coinbase Tokenized Stocks on @base through Jumper to enter the raffle.
More volume = more chances to win.
Ends September 21.
Jump in: jumper.xyz/missions/coinbase…
Dragonbilll retweeted
This is my 3rd week as VP of Engineering DeFi at @Polymarket , and I'm going to be straight: the traction @Polymarket has seen has massively outpaced our infrastructure, and we haven't done nearly enough to scale to keep up. I hear you, and fixing this is our entire focus. We're a major company now, and we need to engineer like one. Here's exactly what we're doing:
- Onchain data latency. We're working on making this near-instant so the experience is incredible.
- Chain migration. We need more block space, cheaper gas and much smaller block times so settlement is instant.
- Transactions are getting cancelled. We understand this is one of the most frustrating issues right now, and we have a complete fix coming very soon.
- Massive focus on the website to make it faster, more responsive, and with better UX.
- We added observability everywhere. Proper alerting so we catch issues ourselves, market makers should not be the ones telling us something is down. That's been unacceptable, and we know it.
- E2e tests throughout, starting with the CLOB, so issues get caught in CI before anything ships.
- CLOBv2 is not a rewrite. It won't improve performance or stability on its own; it's an upgrade that unlocks us to move fast right after. We'll do better with communication next time.
- We are rebuilding the CLOB from the ground up. Most important thing we're doing. Without it, we can't be the best DeFi exchange in the world. We know it, we're on it, it's mission critical.
- Unified TypeScript SDK for all APIs, which is shipping soon.
- Unified API. One WS connection for everything, with a schema that's actually readable.
- New Polymarket contract in the works that unlocks things that are simply impossible on the current protocol.
- New hires: Head of QA Automation, Head of Dev Tooling, Head of Internal Tooling, Head of Data Engineering.
- Smaller, dedicated teams. Fewer focus points per person, clearer ownership. People do what they're good at and are accountable for it.
- Working closely with customer support to give them real debugging tools so any user issue gets properly diagnosed, not lost.
- Proper communication with marketing and market makers so everyone knows what's coming and when, and MM can submit feature requests with a clear path to get them into engineering and shipped.
- Working with 4 security teams daily to ensure we're super secure and that funds are always safe.
- Perps incoming. Brand new contracts and a backend built from scratch in Rust. We're proud of this one.
- A lot of other fixes are running in parallel right now.
Starting next Friday, I will be posting weekly engineering updates.
I joined because I genuinely believe in what @Polymarket is trying to do. @shayne_coplan built this so the world has somewhere to go to find out what's actually going to happen, not what the media thinks, not what a pundit says, but what thousands of people are willing to put money on. But right now, our engineering isn't living up to that. We've let people down, and I'm not going to dress that up. I came here to fix it, and that's exactly what we're going to do. The next few months are going to speak for themselves. Stay with us.
New meta brewing! Vibecoins....
For the attention of all washed KOLs, trencher, and Fortnite pro players:
You might have realized by now that vibe-coded products are becoming the next big thing.
Hereby, IdeaRalph has a proposal:
What if every vibe-coded product had a coin:
to pay the Claude, servers, marketing, and more?
This would accelerate innovation, spawn more vibe coders, let great vibepreneurs access funding to build more, and make web3 the true home of all startups and innovation.
Until now, you all have supported coins with no inherent value. You have stayed sleepless for days and months over coins with a dog, a cat, or a frog picture.
You have acted cool because you supported all the useless stuff, and thought you were 200 IQ.
Now, let's do the same with vibecoins.
IdeaRalph is to set the stage for the spark of the vibecoin meta; it will be the MCP that spawns tens of thousands of ideas that will become vibecoins.
IdeaRalph will be the Godfather of the vibecoins, able to create the movement with the vibe coders that use it.
You give it the dumbest idea = and it can even turn that into genius. That's the Ralph Wiggum loop.
IdeaRalph will have its own token.
With no raise. All airdropped.
It will have a mechanism that allows people who send their vibecoins created by IdeaRalph MCP to send a portion of their tokens to it, and holders of IdeaRalph will receive those tokens distributed to them equally according to how much they hodl.
IdeaRalph will launch from vibe/vibe as the Godfather of the vibecoins.
What's vibe/vibe? Do some research.
Destination will be: BASE.
Drop your 0x wallets.
A REAL RALPH WIGGUM LOOP BEGINS HERE.
FOR THE VIBECOINS. FOR PUSHING PRODUCTS.
FOR TRANSFORMING THE DEGENS SPIRIT TO MACHINES OF PRODUCTION.
Dragonbilll retweeted
The Dolomite Foundation has entered into a $10 million private placement and strategic partnership with Stewards Inc., a diversified financial company advancing its Digital Asset Strategy through on-chain infrastructure and tokenized finance.
Dragonbilll retweeted
When ppl claim this I always wonder how they think it happens, or have unrealistic expectations on how much $1bn actually is.
I joined crypto with $200. If I held my initial bitcoin since then and never traded, I would have ~$300k.
If, instead, from that moment I sold the top and bought the bottom of every crypto cycle on Bitcoin, and never paid any taxes, I would have ~$6m USD.
If I put my entire net worth into the Ethereum ICO and never touched it, today I would have ~$150m pre-tax.
While it was definitely possible to have made >$1bn with the opportunities in the market, these versions of reality would also require me to make no mistakes, and have no need to spend $ in real life, or take excessive risk via leverage.
In reality, I grew up in a working class family. I didn’t have a trust fund and I had to pay off my student loan myself. I had a job at Tescos while at high school. After university, I needed to pay rent and fund cost of living and eventually buy a place to live.
I worked at startups for relatively little $ salary, and while a couple have done okay, they still are illiquid and worth nothing until some exit.
Perhaps if I erase a couple of dumb mistakes and drawdowns, or if I had a lil more grind, then my answer would be different today. But it is easy to say this with perfect hindsight vision. It’s easy to see where you could have optimised better, and decisions you made look dumb when the past makes things so obvious.
The truth is I have always optimised for enjoying my life and not going to 0. I never felt like I had a safety net, so it was never possible for me to do anything in any other way. I would probably have less money if I had tried to add more risk or chased $ harder, because being all-in with your entire livelihood is a mental battle and I feel I only win that battle when the stakes are lower.
In writing this, maybe I do understand why CT folks believe this, because modern CT sees crypto as a late-stage lottery ticket farm, where the optimal strategy is to 5x leverage up your portfolio in a hope of catching a good 20% move and then leaving. Or, literally going all-in on the next coin they heard Ansem is buying. So perhaps to them, looking back at the charts, of course that’s what successful folks did.
In reality, I use leverage close to never (and typically to reduce risk rather than add risk — have used it to add risk maybe 3 times in the last 5 years, and maybe 15 times ever). I never go all-in on anything, have only ever done that on BTC and ETH before in the last decade. When I buy other things, I limit risk to tiny amounts, because I treat it as a 0 until proven otherwise (so, always <1% liquid portfolio). Liquid portfolio is also a smaller % of overall portfolio to future-proof against my own fuckups.
Obviously I made a lot of money, I have been here 12 years! CT doesn’t want to hear about “getting rich in a decade” though. I am happy with where I am and have never really cared or optimised for maximising $ earnings, but instead having a nice life that lets me enjoy the game we play together.
REALITY RESPONDS TO COLLECTIVE BELIEF - HYPERSTITION AT en0va.xyz/hyperstition MANIFESTS FUTURES
Don't fall for the "smart followers" farming going on. Just try to get in organically @stayloudio $loud
The smart followers snapshot for phase 2 of the IAO was taken a few days ago.
If you had enough smart followers at the time of snapshot but didn’t add a Solana wallet to your @KaitoAI account you still can until IAO.
Don’t get farmed.
Loudio.
Have to admit that success already happened! @stayloudio went from 50% to 70% in less than a day... More than 2/3 tweets are for $Loud!! Crazy!!
Things are going crazytown with this....Long degen is the play of the century! @stayloudio $loud
Most predictions for @stayloudio are WAY too low
There's no way the people tweeting about LOUD won't commit all of their money into this to reward their favorite KOL with trading fees
10000x or i don't even want it
$1.55B FDV
Dragonbilll retweeted
say it louder @stayloudio
ser we should talk about LOUD synergies with @fantasy_top_
creators want to do revshare with their followers in case they manage to get in the top 25
any way we can leverage fantasy's tech?
Dragonbilll retweeted
What I mean is: you know when you go to the beach, and you have a fish and chip. It's a nice day, sun is out, wind is low. Nobody around, just the sound of the shore and the breeze on your face.
Then, suddenly, virtually as soon as you sit down and unwrap the food, 40000 pigeons appear out of nowhere. Between them, they share seven braincells. It is almost like they have one, repeating thought. "Chip? Chip? Chip? Chip?"
No matter how much you bat them away, these intellectual midgets just do the same thing. "Chip? Chip?" as they swoop into your personal space.
CT is a bit like that now, except instead of "Chip?" they say pick a random word from your tweet and say "Chipcoin Coded" or quotetweet "Cobie is shilling emoji coin!!" because you included a laughing emoji in the tweet.
Or they turn some random part of your tweet into the lowest effort possible pumpfun coin, with no literary embellishment or style.
These low neuroplasticity human beings cannot really even be described as bots, since LLMs have made bots seem a little bit smarter or more eloquent than these folks are.
Instead, they are the pigeons of crypto twitter.
You turn up to have a nice day, and talk with your friends, on the beach, and they get up in your face squarking about the 8k market cap coin they just made using a stray sentence from your tweet.
The desperation, lack of relevance or invitation, and generally low quality and futility of the perpetual attempts... just like a pigeon trying to get your food.
I entered @defiapp's Degen Arena, and here's what happened:
🔥 5 swaps.
⚡ 0 gas fees.
💸 XP stacking like crazy.
The next-gen DeFi app is here. Don't miss out: app.defi.app/join/ScTgps
Dragonbilll retweeted
What is your valuation framework? DCF? On that basis, yes, ETH is currently overvalued if you also assume no fee growth in the future.
If your valuation framework also encompasses a store of value component and a network collateral component, I would argue ETH is quite undervalued. Essentially, I see it as an out-of-the-money call option on becoming the settlement layer for all civilizational infrastructure.
Ok, things are getting interesting on @SonicLabs!!
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