Mind-blowing moments after discovering something new about crypto are now rarer.

Those mind-bending innovations that take time to really understand. 

And when you do, you think "OMG, that's f***ing amazing!"

I remember getting mind-blown after learning about:

- Flash loans
- Rebase token / Supply adjustment ($AMPL)
- AMM: x * y = k and how impermanent loss rekts you
- MEV (Sandwich attack)
- YFI: free token has value?
- Liquidity mining - giving tokens for free to boost liquidity
- veToken (the OG flywheel model)
- Fluid's Smart Debt (borrowed assets as liquidity)

What are some new, mind-blowing things you've noticed this cycle?

not new... but other good defi related ones

- incremental accounting (smart contract design)
- reentrancy attacks (and logic to guard)
- gas tokens (when you could burn storage slots as credit)
- algorithmic stable coins (h/t maker)
- elastic/rebasing tokens (+1 ampl)
- fractionalization mechanisms

building /propertyforecast | data stuff, robotics, sometimes defi

funny how the hacking trends naturally follow the protocol level trends (more centralization points/off chain logic these days)

good ones!

Reentrancy attacks were big hack issues but now private key hacks are more common