Ignas | DeFi pfp
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?
11 replies
3 recasts
43 reactions

Ipmy5 🔵 pfp
Ipmy5 🔵
@ipmy5
Same with MEV, but later find out that similar things happening in TradFi for years.
0 reply
0 recast
0 reaction