Markus_0 (markus-0)

On-chain option market spreads are the best example of an area where retail would benefit from much better fills if they could prove "I'm retail not someone picking you off" The lack of this signaling is probably one of the biggest things holding DeFi options back

• 0 replies
• 0 recasts
• 0 reactions

recast:farcaster://casts/0xa8ebdd5bc51f19863dd8810b0e9f88a2970d9c9c9de48c7cd0123d01f49ad512

• 0 replies
• 0 recasts
• 0 reactions

This is cool and makes total sense! In practice(cowswap) inventory procurement probably happens post-auction-win. So no congestion Winners are responsible for submitting solutions on-chain. They can force the solution to post end-of-block giving their off-chain procurement time to settle. Timing games are fun

• 0 replies
• 0 recasts
• 0 reactions

Furthmore - approved solvers (anyone who posts a bond) can use arbitrary smart contract interactions in solutions So solvers using off-chain procurement could fill with a smart contract that uses fallback liquidity (like an AMM) if the off-chain interaction didn’t settle in time. This removes slashing risk

• 1 reply
• 0 recasts
• 1 reaction

1. Yeah I oversimplified this Solvers get to choose *how* their solution makes it to chain So if they need a binance withdrawal to hit pre-solution - 1. If they’re a builder they can place the solution later in the block than the withdrawal (assuming the withdrawal makes that block) …

• 0 replies
• 0 recasts
• 0 reactions