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Merlinator.base.eth

@merlinator

187 Following
54 Followers
Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
Good stuff. Got mine already.
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
You'll get all excited about one-shotting apps with AI until you have to build something useful with auth and other standard features, then Lovable starts glitching, Replit begins to hallucinate, and you realise that dev skills will always be in demand. Will software development processes become more AI-friendly and less human centered? I believe we'll see that happen soon.
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
This is lovely
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
This collaboration is a welcome update from Mitosis as they approach mainnet, and I'm happy to see stables added to the mix of supported assets. More relevant details, including timelines and dates, will be announced soon. Read the full announcement here: https://blog.mitosis.org/blog/morph-mitosis
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
Big news: Mitosis has deployed its Matrix Vaults (Zootosis Vaults) on Morph L2, marking a big step in its mission to democratize access to DeFi yields. Morph is a hybrid Ethereum Layer 2 solution that combines elements of optimistic & zk roll-ups. This integration allows users to deposit assets into Matrix Vaults on Morph, receiving maAssets in return, which are composable within both ecosystems. Depositors earn Zoots points, Mitosis's incentive, from the moment they deposit. The longer your liquidity period, the higher your Zoots boost. Supported assets at launch include: Main Assets: ETH, USDT, USDC, WBTC ($20M cap for each). Secondary Assets: mphETH, weETH, STONE, LBTC, SolvBTC, sUSDe, USDa, USDS/DAI, sbvUSD (caps from $5M to $10M). Wildcard Asset: To be unveiled later. šŸ‘€ I'm curious to see what it will be.
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
Es un dĆ­a hermoso šŸŒž
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
good to see activity steadily increasing on farcaster
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
Ethereum needs new ponzis on the L1. Something like NFT szn of 2021, to boost activity and mindshare. The power of high levels of speculative activity is underrated.
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Merlinator.base.eth
@merlinator
Is it just me or is the new @warpcast UI cleaner and more intuitive?
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
One positive thing about crypto is that it's full of learning.šŸ‘©šŸ½ā€šŸŽ“ TradFi people learn about DeFi, noobs learn how to run nodes, degens learn about smart contracts & monetary policy, and how committees IRL can affect their bags. Wherever you're coming from, you'll sure learn a lot.
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Merlinator.base.eth
@merlinator
The problem is not everyone is able to yap a lot. Some are able to stay consistent and cast quality stuff frequently, but a lot will spam low quality content for visibility/numbers. X is a mess with AI slop posts and replies - do you think that might happen here?
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Merlinator.base.eth
@merlinator
Gm. Just a reminder that no one's coming to save you. You gotta do it yourself. āœŒļø
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
GM. This is another reminder that no one is asking for your new glamorous general purpose L2. There aren't enough users, and there sure isn't enough money circulating in the ecosystem for lots of chains with zero or incremental improvements over existing ones.
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
IMO, stablecoins are crypto's best feature and use case for the vast majority of people. Easy and fast cross-border settlements, USD stables as an inflation hedge for many people around the world, and easy online payments. The small guys aren't interested in "stacking sats," or hearing that "Ethereum is inevitable," or participating in overcollateralized lending - they want practical and easy solutions to their everyday problems. Mass adoption will come from adoption of stabecoins by tradfi systems.
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
If you're just starting out in a new area, you can't afford to "ask" for permission. Incumbents don't play nice. You'll have to take what you want, tell your own story, and try to sink your roots as deep as possible by offering more value and being more nimble.
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
It costs nothing to be a decent human being. Be kind to people.
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
@zora NFTs are now shitcoins with a project picture. Default supply: 1 billion. "Dev" default allocation: 10 million. "Dev" royalty: 1% I guess pumpdotfun has really made an impact (+ve or -ve ? šŸ˜) in crypto. More projects are pivoting to the shitcoin casino model.
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
Avoid having heroes (or putting people on pedestals) in crypto. You'll set yourself up for disappointment. There's something about this space that warps people. It's profit over everything for most.
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
As Mitosis pivots from its current Expedition model to Matrix Vaults, the focus shifts from short-term liquidity mining to cultivating sustainable, mutually beneficial relationships between protocols and LPs. By better aligning incentives while preserving flexibility, Matrix Vaults could help attract a wider range of participants to the DeFi ecosystem. It's worth keeping an eye on how the Matrix Vaults product and Mitosis itself, evolve.
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Merlinator.base.eth pfp
Merlinator.base.eth
@merlinator
Focusing on long-term growth helps to foster a more effective incentive opportunity, which allows protocols to reward suppliers for their more resounding contributions other than just depositing. When you deposit in a Matrix Vault, you receive an "maAsset" token that represents your position. The good thing about maAssets is they're composable - you can still use them in other DeFi applications while they're working for you in the vault. If you want to hold other maAssets, you can withdraw your Vanilla Assets, swap through any supported AMM pools, or use your mAassets as collateral. The end result is an increasingly stable and committed base of liquidity providers for protocols to work with. Matrix Vaults provide LPs with flexibility (no forced lockups) while giving protocols the predictability and aligned incentives they need.
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