It has been a long time coming
https://x.com/0x_Chihiro/status/2067445411854352625?s=20
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Core contracts for Enten and the Controller factory launching tomorrow. 3 full rewrites of the code base over 6 months, hundreds of hours and hundreds of test. Finally coming to fruition. Feels good. Even though im always scared shitless to launch contracts no matter how much testing has been done.
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Wanted to check out mistral AI so I gave it a code base with the required assumptions and told it to check for any non informational security issues.
It gave back 20 or so issues with every single one of them basically being a false positive. OpenAI and Anthropic are so clear of these other companies it’s insane.
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Going to spend the weekend modeling and designing potential tokenomics that maximize DDV (deep donut value).
Will come up with 5-10 different models that maximize accumulating and locking away $DONUT and pick the best one based off the simulations.
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Ngl one of the worst things about AI is excellent developers close sourcing their tooling due to preventing it being used or having to charge for it because people don’t recognize the skill required to make it.
A entire generation of programmers won’t be able to learn from excellent open source code.
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I need a way to stake and grow my $SPRINKLES, lead me @swishh.eth sensei
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Shower thought governance proposal idea.
Currently nearly 1.4 million donut are sitting in the treasury doing nothing. I personally have been a strong proponent of the donut buy back but also recognize the necessity to acquire other tokens in order to help generate sources of revenue upon more halvings and the eventual tail emissions implementation. So I was thinking about ways in order to help combat this and allow donut to diversify and expand on asset collection while still increasing the holding of donut in the treasury.
So with that my idea is the DAMM (donut AMM). A treasury owned secondary source of liquidity that moves liquidity to be centered around an average price with the goal of constantly accumulating more donut. It aims to split buy side and sell side liquidity so that the treasury never buys higher than its average price and never sells lower than its average price. Absorbing sells during downturns and taking advantage during run ups. Luckily a protocol that has an implementation (with a few modifications) already exists and has been audited and in production for several years.
Need to look into some more technical details of what the best way to move liquidity around this average price would be, but would love general feedback on the idea itself and if it’s something the community is interested in.