Composability maximalist, privacy advocate. novel DeFi mechanisms and incentives design ~~~ Advisor @RoycoProtocol

Oort Cloud
Joined July 2020
AI regulation scene feeling eerily similar to a new AI "Operation Chokepoint" coming down the pike. One that thrives on ambiguous reg rhetoric and conveniently pushes users to avoid regulatory risks and liability by using hosted US LLMs. Lots of incentives in that direction.
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- kneecaps chinese LLM demand - discourages self-hosting - defends OAI/Ant/etc pricing power - defends demand for US compute - keeps up appearances for "doing something" about the recent rogue attacks - minimal deterministic punishment for future rogue US LLM cases
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imagine a motorized wheelchair built by Tesla, which silently acts as a mobile Flock Safety data collection system ADA protections can be weaponized as a trojan horse for mass corporate surveillance
I underestimated Zuck's game. It's a hearing aid. You can't tell me I can't wear my Meta Glasses anymore or you'll be going against the ADA.
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We congratulate Levent Alpöge and Tristan Buckmaster on their remarkable mathematical work. We (the researchers and the agents) did not see any of their work through any means until they released it publicly — in particular, no specific user data was accessed in order to solve this problem. While unlikely, we cannot rule out that de-identified data derived from their usage of our products helped improve our models. However, our proofs differ significantly and even the precise results proved are different in the Euler case (forced vs. unforced).
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Got confirmation on who is behind the Ox Alpha model. Also learned a little on how they're thinking about pricing. You aren't ready for this. Unlike all the other vague hype posts, I'll even post a hash commit on who it is and will reveal after announcement: 447c444bf657877bd1a035a38385f271820bb95be8cbc5b8678667d219c19e36
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As promised, here's the link confirming the SHA256 hash: 447c444bf657877bd1a035a38385f271820bb95be8cbc5b8678667d219c19e36 emn178.github.io/online-tool…
Got confirmation on who is behind the Ox Alpha model. Also learned a little on how they're thinking about pricing. You aren't ready for this. Unlike all the other vague hype posts, I'll even post a hash commit on who it is and will reveal after announcement: 447c444bf657877bd1a035a38385f271820bb95be8cbc5b8678667d219c19e36
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Seeing a lot of “Omg I totally know who Ox Alpha is 😱🤯” Not seeing many commits to reveal later whether they truly knew or not.
Got confirmation on who is behind the Ox Alpha model. Also learned a little on how they're thinking about pricing. You aren't ready for this. Unlike all the other vague hype posts, I'll even post a hash commit on who it is and will reveal after announcement: 447c444bf657877bd1a035a38385f271820bb95be8cbc5b8678667d219c19e36
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ways, depending on how someone wants to express it: - overweight the short, use Senior-apyUSD as the hedge - overweight the Senior-apyUSD to speculate on recovery, use the short as a hedge if Senior's coverage is depleting - some other straddle-like expression note these aren't identical assets, so trivially it's not a perfect hedge nor risk-free. For example while a @roycoprotocol market is in observation period, withdrawals are temporarily suspended for Seniors.
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There's also a @Morpho market with some sUSDat loan liquidity as well: (keep in mind oracle structure)
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Be mindful that none of these paths are perfect derisking, rather hedging exposure that still requires monitoring. Make sure you fully understand the mechanics for any of these paths, including pricing and liquidity constraints. (this content isn't financial advice, just observations.) If I see additional paths later I may add to this thread.
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Regardless of what you think about the STRC-related market, it's a cleverly structured trade! They were able to execute because: - the apyUSD Senior Tranche still has >4.8M apyUSD capacity - the Chainlink apxUSD/USD oracle isn't below $1, so the observation period hasn't activated
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🟢 the market Maker has entered the building 🟢
RWAs are about to have their stablecoin moment. Introducing Grove Basin: programmable credit infrastructure enabling eligible tokenholders instant stablecoin liquidity for approved exits from tokenized offchain assets. Up to $1 bn in committed daily liquidity. Tap in 🚰
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