pecunia non olet | protocol architect @stripyield

Joined February 2011
mike> delta neutral, soft floors, closing positions, dont get liqd, etc ng, there's a 100m in deposits ready to slam the 1000x button, cheapest time to mint paper is NOW
The cheapest PAPER can ever be made is about $0.0012. Below that, farmers stop farming, so it works as a soft floor. A careful hedged farmer pays a bit more, somewhere between $0.0013 and $0.0016 my rough fundamental estimate sits around $0.002. That’s the USDC each new PAPER brings stakers when most of the volume comes from real degens. Every $1 a degen loses adds roughly $0.18 to the LP and $0.018 in fees, and mints 98 PAPER
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what a speech jfc. marcus aurelius rubius, first of his name
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May be the algo, but im seeing a bunch of new interest in $ZRO on the timeline. For those wanting to learn more about the upcoming chain, @blocmates did a deep dive with the two founders earlier this year.
The @LayerZero_Core stream 🎙️ In this one, @PrimordialAA and @ryanzarick join @Grantblocmates to unpack: - The new chain's architecture - How it makes life easier for users - Everything happening under the hood - Token dynamics and value accrual - The 'multi-core world computer' vision
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completely on brand by @izebel_eth as @papertrade_xyz is a machine that converts unprofitable traders into spot bag holders.
jez spent a decade telling everyone to spot and chill then shipped a perp dex that offers 1000x leverage
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Max retweeted
the kinetic airdrop situation in a nutshell lmao 🤣 🤣🤣 you can’t make this shit up lmao
The final kPoints have now been distributed. Your kPoints now allow you to claim KNTQ. kinetiq.xyz/kntq
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>primo: 100m is the largest, 50 the next largest, and then 30... >avi: okay, okay. does the name rhyme with men? >primo:
A college dropout who played poker for eight years, sold ML models to Billy Beane, then co-published with Noam Brown and got cited by DeepMind. @AviFelman talks to @PrimordialAA — who is building the rails that DTCC, ICE and Citadel are betting on with @LayerZero_Core All that, plus: • DTCC's Mandate To Tokenize $100 Trillion • Winning The Standards War • Two Million Transactions Per Second • Where The ZERO Token Accrues Value OUT NOW on @YouTube & @Spotify 👇
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🤖 Made with AI
New from LayerZero Research - Challenging Poseidon Today we’re sharing two new papers outlining a number of structural weaknesses in Poseidon, one of the most widely used hash functions in zero-knowledge proving systems. layerzero.network/blog/chall…
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Max retweeted
Possibly the best World Cup of the past couple decades lets be real
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Men will DCA $ZRO instead of just holding $HYPE and going to therapy.
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the only winners in the casino are the ones owning the casino hyperliquid
loracle.hl(@loraclexyz), who lost over $35M from shorting $110M+ worth of $HYPE, is now closing his $HYPE short and flipping long on $ASTER! He has already closed part of his $HYPE short and still holds 1.5M $HYPE($103.1M) short. At the same time, he is adding to his longs on $ASTER, $ZEC, and $TON. Because of his $HYPE short, he has lost all the $42M+ he previously made on perps. In less than 20 days, he went from $42.2M in profit to being down $829K. hypurrscan.io/address/0x8def…
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Hantavirus story so far is looking like a dream Plague Inc run start We just need one mf to head over to Mauritius, then we activate Air 1 and we’re cooking
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Max retweeted
POV: Monad executives discussing 2026
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condition-based unlocks with benchmarked kpi's relative to rest of market
Replying to @bread_
this is not the end all solution if kpi-locked bags can still be hedged and kpi's are something you can push to the finish line temporarily. an improved version of this would be to implement streaming unlocks with the condition that the stream halts if kpi's fall back below the threshold. variable unlocks are more difficult to hedge and pressure on team to work for the bags persists if there's no tokens if you can't sustain traction.
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@0xngmi its not the locked bags perse that are the main culprit, but rather the markets ability to hedge them. if unlocks halt when -benchmarked- kpi's fall below the threshold that makes this exercise more difficult/expensive.
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Europeans with 0% annual GDP growth watching America become a 3rd World Country
Video message from Federal Reserve Chair Jerome H. Powell: federalreserve.gov/newsevent…
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Max retweeted
What Claude Code has revealed is that most people either have mediocre ideas or no ideas at all. The tool is a force multiplier for those who already know what they want to build and how to think through it systematically; it elevates competence, rewards clarity, and accelerates execution for people who would have gotten there anyway, just slower. If you have a sharp vision and can break it into coherent steps, Claude Code becomes an extension of your own capability. But there's another mode of use entirely. For people without that clarity, the appeal is precisely that the input can stay vague; you gesture at something, hit enter, and wait to see what comes out. This is structurally identical to a slot machine: low effort, variable reward, and that intermittent reinforcement loop that hooks the susceptible. So the same tool that elevates the focused and capable is also manufacturing a kind of gambling behavior in people prone to it.
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