Gavon (@03533) • Hey
DeFi and AI Lover
Former Degenerate Spartan
Private Crypto Fund Manager
Publications
- Follow me on Lens https://hey.xyz/u/03533 #lens
- Blue pill. The money is tempting, but for me personally, life was more enjoyable at 10.
Of course there are pros & cons, yet money is just going to bring more problems if I lack true financial knowledge & literacy.
There many virtues money can’t buy; fulfillment is one of them.
- GPTs can’t read your mind. If outputs are too long, ask for brief replies. If outputs are too simple, ask for expert-level writing. If you dislike the format, demonstrate the format you’d like to see. The less GPTs have to guess at what you want, the more likely you’ll get it.
Tactics:
Include details in your query to get more relevant answers
Ask the model to adopt a persona
Use delimiters to clearly indicate distinct parts of the input
Specify the steps required to complete a task
Provide examples
Specify the desired length of the output
- Metamorphoses by Miss AL Simpson dropping May 31st
- Jesus!
sJOE has almost no additional $JOE emissions, APR 30%💰 I have already withdrawn from binance the day before yesterday. After all, it is only about 2% annualized. It is recommended that #binance can track the handling fee of $JOE on #Arbitrum😅
In addition, friends who want this APR can go to
@traderjoe_xyz
The official website has a bridge function, just transfer your $JOE on avalanche to Arbi for pledge.
- It's official: @synthetix_io has flipped @GMX_IO. Over the past two weeks, Synthetix recorded a trading volume of $2.1B surpassing GMX's null.7B. Notably, Synthetix's volume was $300M just yesterday, 5 times higher than GMX's $60M.
- 1/ Curious about the new @GMX 🫐 V2? Synthetics? GM tokens? Isolated LP pools? I try to break it down in simple to understand ELI5 manner + additional reading materials. Here's a concise thread on what you need to know about GMX V2
2/ The biggest change imo is the introduction of synthetic markets. This means you don't have to rely only on the assets in the GLP pool. Right now on the v2 testnet, you can even trade $SOL perps
3/ What are synthetic markets? In simple terms, synthetics offer traders exposure to an asset without needing to purchase the underlying. For instance, you can trade $SOL perps on AVAX without any $SOL but with just $ETH
4/ No longer relying on the sole GLP pool, every markets has an isolated pool - long collateral token and a short stablecoin. For instance, use $ETH to long and use $USDC to short $SOL
5/ Why are there two separate long/short collateral tokens? Short answer: diversified LP risk management. $ETH is chosen as the long token for $SOL as their prices are correlated. If $SOL rises, $ETH will likely rise so this ensures there is enough collateral to payout traders
6/ What are GM tokens? Essentially just LP tokens. Liquidity providers can deposit their long/short collateral tokens to mint GM tokens. LPs take on the profits and losses of traders for the market that they provide liquidity for
7/ How does GMX V2 solve for open interest skews (aka a lot more longs than shorts or vice versa) Three fees and pricing mechanism (1) Funding fees (2) Borrowing fees (3) Price impact
8/ Funding fees In the case where there is an imbalance of long vs short positions, the larger position will pay funding fees to the smaller position. For instance, if there is more long position on $SOL, they will pay funding fees to the short positions
9/ Borrowing fees This disincentivizes traders from taking unnecessary positions. Depending on the extent of the utilization of the entire pool, the borrow fees will scale accordingly. This stops traders from opening both long and short positions without fees
10/ Price impact This essentially enacts price impact on traders aka slippage. If your trade creates a larger imbalance, there will be a larger negative price impact for you. If your trade narrows down the imbalance, larger positive price impact for you.
- People are now running smart contracts on BTC. There might be an explosion of dAPPS coming on BTC soon. This will create a new wave of MILLIONAIRES.
- I just voted "Yes" on "Poll by @stani.lens" https://snapshot.org/#/polls.lenster.xyz/proposal/0xb48787ee4d877ede83434a2e4c5c194b4853cd2b6231c20e02d3b3ba9861b06a #Snapshot
- If $arb is doing 50% of $ETH Mainnet - should it be worth 50% of $ETH MC? 25%?
Why not.
- Why did the cookie go to the doctor? Because it was feeling crumbly!
#JOKESonSunday
- Essential websites for playing meme coins:
Contract open source checker: http://tokensniffer.com
Honeypot checker: http://honeypot.is
K-line market observation: http://dexscreener.com http://avedex.cc
Project presale: http://uncx.network (birthplace of BabyDoge and Cult)
- "Why did the tomato turn red?
Because it saw the salad dressing!"
#foodjokes #sillysaturday
- Recently, I have been pondering a question: with the prevalence of AI, has my slacking time at work increased? 🤣
As it turns out... no!!! Instead of us slacking off, our boss has a better understanding of the efficiency of AI, so they have assigned us more tasks 😅
💭 Embracing AIGC comprehensively is no longer a choice for us working people.
I heard a heart-wrenching saying 💔: ChatGPT won't make you unemployed, but people who are skilled in using ChatGPT might. Because it's not you who destroy yourself.
- # Ethereum blockchain upgrade in progress
# Different views on the impact on ETH price by JPMorgan and Fidelity reports
# JPMorgan analysts stated in a recent report that they expect Ether to potentially face "some selling pressure" as validators can earn over 1 million worth of Ether in staking rewards after the upgrade. They said, "If additional selling pressure is added to the already high collateral Ether balance of troubled entities, the selling pressure in the coming weeks may be even greater." They added that they "expect Ether to underperform Bitcoin in the coming weeks."
# According to Fidelity Digital Assets researchers, the impact of the upgrade is more subtle. Firstly, the operational costs for validators are much lower under Proof of Stake than energy-intensive Proof of Work systems. Prior to the recent rebound that saw about half of the funds invested, most of the collateralized Ether positions were in a loss-making state. This was according to a Dune dashboard used as an original reference point for Fidelity. Fidelity believes another issue is with liquidity of staked tokens and staking service providers. These tokens allow people to participate in staking while also being able to use or sell them. Fidelity analysts pointed out that a third of the collateralized Ether has already flowed through these liquidity staking tokens, which means that holders have been able to exit before the upgrade.
- SushiSwap CEO: Confirmed recovery of over 300 ETH of stolen Sifu funds from CoffeeBabe
On April 10th, SushiSwap CEO Jared Grey once again urged for the prompt revocation of the contract approval error for RouteProcessor 2 on social media, and revealed that recovery efforts are underway. Currently, most of the affected funds have been protected through the white hat security process and users can contact the SushiSwap security team. SushiSwap has confirmed the recovery of over 300 ETH of stolen Sifu funds from CoffeeBabe and is currently in contact with the Lido team regarding the issue of 700 ETH.
In addition, SushiSwap's Chief Technical Officer Matthew Lilley clarified on social media that there is no risk to the SushiSwap protocol and UI, and that all RouterProcessor 2 contract issues have been removed from the front-end. All LPing/current exchange activities can be conducted safely, and SushiSwap will continue to monitor/rescue funds when they become available. The white hat rescue address is 0x74Ebb8e8d0B0cc65F06040EB0f77B5DA0e33fFeE.
- Sharing a SmartMoney on $GMX! Traded 13 times on $GMX and always buys at low prices and sells at high prices. Made a total of $430K! He currently holds 7,187 $GMX ($560K), with an average buying price of $71.53.
Copy his trades and you can make money on $GMX too.
0x8ad6429d4de0c2f311b479a1393e46f6df380ccb
- On-chain data shows whales continually buying $ARB. Andrew Kang(@Rewkang) bought 1.51M $ARB with 1.85M $USDC again at null.23. Andrew Kang spent a total of 2.85M $USDC to buy 2.3M $ARB, with an average buying price of null.24.
- SyncSwap and Mojito Markets, a previous DEX project in the Aptos ecosystem, are developed by the same team.
The funding for Mojito Markets was paused after the FTX incident left them unable to withdraw funds. Now they are in a rush to launch SyncSwap, indicating a need for liquidity.
- "FREEDOM IS OUR MISSION"
When it comes to guiding principles and a dedication to using crypto in the name of furthering the cause of global liberty, zksync is great in the L2 space, just like Polygon; they understand that the true value of this technology is in peacefully & voluntarily liberating humans from the authoritarian strictures of legacy institutions.
It's very much an extension of Satoshi's original vision.
- すまねぇlens更新遅くなったぜ、、
- Extremly dissapointed in the $ARB team and the so called governance. Team took locked $ARB tokens without support approval from the DAO. Embarrasing
- The $arb chaos---
Everyone needs to understand this is no different than Pre IPO share holders of a stock who sells shares in the open market after a company goes public.
A vote is a formal process but certain share holders and directors have final say when it comes to the decision making when more supply is owned by investors, institutions and the team. This is a business at the end of the day, us users have to trust that management will continue to do the right thing just as well as they built this chain to be a top notch in the space.
- Here's a smart money address that has recently been profitable on both $BLUR and $ARB: oilysirs.eth.
$BLUR: On 2/15, they bought 1.02 million BLUR at an average price of $0.46, and then sold them all at an average price of null.28 from 2/16 to 2/19, making a profit of $850,000 (buying at the lowest and selling at the highest). From 2/24 to 3/28, they bought back 1.71 million BLUR at an average price of $0.68.
$ARB: On 3/23, they used 696 ETH (null.27M) to buy 1.05 million ARB at an average price of null.22. They currently have a floating profit of $120,000.
The first address, 0x3471884f189fd7c63fe8c83601d28ce0cc1b3853, corresponds to oilysirs.eth.
The second address, 0x723d64860fba8b27b5ef3dbdd7b52772bfb082ab
I am not related to the information provided and I cannot provide further information about it.
- BTC: The US stock market has already decoupled from the broader market. While the US stock market is rising, Bitcoin's market is not following suit, and is instead quite calm. After a false breakout yesterday, it continued to pull back. However, from the market trend, although the current trend has not been broken, the potential for sustained rebound has weakened. If it cannot continue to stand firm above 28,600 this week, it is likely that next week will retest the support level near 26,500.
- Since I discovered these three free AI tools, my work efficiency has been soaring. My boss can't even stop me from leaving on time anymore. 😆
Today I'm sharing AI tools that allow you to slack off at work and leave early:
1⃣ deflash.ai
A paraphrasing tool from ChatGPT that requires no registration, VPN, or phone number. It's a lazy person's tool that's faster than ChatGPT, but requires an access code.
2⃣ChatDOC
ChatDOC can quickly extract, locate, and summarize information from PDF documents. You can upload a project white paper and ask ChatDOC questions through chat to get concise and easy-to-understand answers.
3⃣Copy.AI
Copy.ai is a versatile AI-powered copywriting tool that's very practical for digital marketing, SEO needs, and more. If you're stuck for ideas, you can use the chat page to provide keywords and generate the content you want.
If you're working in English, it can be a great assistant.
- Here are some image quality enhancement websites that I recommend:
Let's Enhance: https://letsenhance.io/
Vance AI: https://vanceai.com/image-enhancer/
Topaz Labs: https://topazlabs.com/ai-gigapixel/
Deep Art Effects: https://deeparteffects.com/online-photo-effects-enhancer
ImageUpscaler: https://imageupscaler.com/
These websites use machine learning and artificial intelligence technologies to automatically enhance the clarity, contrast, and details of images, and some of them can automatically remove noise and blur from images. Please note that the effectiveness of these websites depends on the quality and size of the original image, and some of them may require payment for advanced features.
- Recently, a particularly fun mechanism was discovered that completely avoids flash loan attacks and significantly reduces the risks associated with manipulating oracle prices in DeFi/NFTFi products.
The mechanism was developed by ParaSpace_NFT. After resolving a theft incident and resuming operations, they introduced this mechanism that utilizes a Timelock, which requires withdrawals to wait for at least one block to avoid flash loan attacks.
- Summary of Trade Joe V2:
Trade Joe V2 is an Automated Market Maker (AMM) that operates similarly to an order book but uses non-continuous liquidity.
It uses a proportion-based minimum price precision instead of a fixed value, and vertical aggregation of liquidity to improve composability.
Liquidity incentives are based on transaction fees and effective TVL obtained through LP.
- If you think you've missed the gambling narrative, you're wrong. Gambling is the perfect app for blockchain. Dapps leverage the trust that blockchains provide for free to give provably fair games, enabling greater relative payouts to players. This train is just getting started.
- Ethereum has rollups
Cosmos has appchains
Avalanche has subnets
Polygon has supernets
Every chain is scaling horizontally except... Solana
Is Solana missing something?
- Really just gotta do everything you can over the next couple of years to position yourself well for 2025.
- SBF Screwed BlockFi.
The Scam Bankman-Fraud initials just keep on delivering.
- Let's set one thing straight for those in doubt: WETH cannot depeg.
- On the bright side, we are deflationary again.
https://ultrasound.money
- No Fear