Ignas | DeFi
@ignas
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?
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Ray F. 🎩
@cryptowenmoon.eth
Flash loans and MEV bots still blows my mind. I think the only new thing that still are pretty impressive are AI agents and how easy you can do stuff without having to interact with so many dapps, we just don't see it because we are so used to it, but the new people starting in crypto can benefit a lot from this
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Hammertoesknows 🗣️🎩
@hammertoesknows
zk proving. So many use cases for data transmission and storage if we can get it dialed in.
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petar.xyz
@petar
Were you amazed by OHM's (3, 3) ponzi scheme lol Protocol-owned liquidity was big on CT back then
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origin42
@origin42
> zktsl Using the user’s session with an app to verify stuff about their activity ( say payment history) like > zkp2p Verify user has made payment via wise (or revolut, cash) to recipient to transfer escrowed USDC to user from recipients wallet > private smart contract l2 Like Aztec and Miden combine UTXO private state (+client side zk proofs) and account based private state to provide strong privacy guarantees on ethereum > session based tx approvals improving ux for games
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Borg
@ruz.eth
Degen tipping @compusophy ‘s borg project
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jr
@jhr
for me > ai agents > content coining > infofi
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Devin Conley
@dcon.eth
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
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pelasti.base.eth
@pelasti
Account Abstraction InfoFi Perennial-style Perps via Synthetics
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Zero
@bezero
Ampleforth was peak for me. Amazing tech and still is
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Monteluna
@monteluna
Honestly I feel like the only fruit left is integrating web2 businesses, especially social, with crypto technology. I just fundamentally don't believe people have the financial literacy to get involved in defi even though its far better for them to not only consume finance, but produce it. Its realistic to say we're at a scale of around 1M actual onchain crypto users, but the way we get to 1B is likely through web2 distribution. Farcaster may just be a prototype of what Instagram looks like in 5 years. We're beta testing it.
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Noah Bragg 🔥
@nbragg
Frenpets fee model for players.
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