this account has no mandate to adhere to reality. founder & CPO @oylwallet aka alkanes. airhead fat ordinals. thinking about $DIESEL…
Joined May 2022
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Look- all we did was start the company Oyl, which birthed the alkanes metaprotocol and incepted $diesel. What comes next? Not sure. You’re driving this time. Truly open. As always.
Ordinals aren't dead...
Look at $DIESEL by @AirheadFun that just pumped 30x with volume and liquidity 👀
Seems like nobody is paying attention to alkanes atm, probably a good time to get more $DIESEL and some @AirheadFun
The girls at the club said alkanes is the preferred metaprotocol among models & trad wives. I can’t make this up.
Do you have a bitcoin yield strategy?
Oh it involves depositing it somewhere not on L1?
You don’t have a bitcoin yield strategy.
Winter is coming.
Airhead - Building Alkanes retweeted
In support of open source principles, we've released the @oylwallet AMM contracts under an MIT license.
Over the past month, a collaborative multi-team effort has focused on developing tools and infrastructure to enable a fully abstracted, decentralized Bitcoin application directly on Layer 1.
This means end users can engage seamlessly without ever needing to understand terms like alkanes, subfrost, espo, metashrew, or lasereyes.
That vision is now on the cusp of becoming reality.
Bitcoin Apps
gm
#Alkanes AMM contracts have been open sourced: github.com/Oyl-Wallet/oyl-am…
have fun building
Wow who could be working on this? Do you know any product people with design bg who know the protocol well?
Airhead - Building Alkanes retweeted
the Alkanes protocol is going to become the home of the craziest shit DeFi has ever seen
You all still think bitcoin programmability is supposed to be visible. Soon you won’t even know you’re using crypto. Just playing unstoppable games. The iPhone makes you forget it has transistors.
I've been dopamine-poisoned, neurons-fried, cooked -- years of VC-backed products -- cannot focus on anything that isn't flashing in OLED + designed by a team of ex-Citadel quants to hack my reward circuits for longer than 22.7 seconds.
Airhead - Building Alkanes retweeted
We’ve integrated frBTC into Sats Terminal Swaps!
In support of our partners @oylwallet and the broader Alkanes ecosystem, users can now trade @SUBFROSTio 's wrapped Bitcoin ($frBTC) directly on Sats Terminal.
@Subfrost recently launched frBTC wrapping through integrations with @oylwallet and more, making it easy to wrap or unwrap BTC without leaving your favorite DeFi app.
Why it matters 👇
- frBTC is pegged 1:1 to BTC and interoperable across every Bitcoin L1 DeFi protocol.
- It’s built on a trust minimized process that locks BTC on the mainnet and atomically mints the same amount of frBTC for users.
- Enables BTC-to-token pools and true on-chain BTC price discovery on Alkanes.
You can now: Swap BTC or any Alkanes token ; $Diesel to $frBTC
Start trading now
Airhead - Building Alkanes retweeted
Sharing some updates to the @oylwallet AMM
After discussion with partners and liquidity providers, we have increased the fees that LPs earn from 0.3% to 0.8%. The protocol fee will remain at 0.2%. This brings the total fee from 0.5% to 1% on each swap. Effectively, people who provide liquidity will be earning more.
This change was upgraded in this tx: ordiscan.com/tx/ee46dd269ba0…
Additionally, certain pools with strong communities may reach out to us to request custom fees for their pools. An example is @Alkamon_ which will have custom fee pools for $MIST and $DUST.
You can use opcode 20 on the pool contracts to query the fee set on that pool.
