Monteluna (monteluna)

Sharing my thoughts so far here as I'm currently going through the Orbital paper: - Would it be reasonable to assume we just have a single large orbital pool for all USD stable pairs? - Still somewhat confused with this measure of efficiency. Maybe I missed this particular equation. In practice efficiency is usually a measure of liquidity vs. volume, and volume is highly determined by fees. - I want to do a quick comparison analysis of Orbitals and concentrated liquidity. One thing that seems mathematically clear is the efficiency might not be perfectly better compared to all CL positions. I want to figure out a way to convert an Orbital position to an equivalent CL position. I believe the paper but I want to verify this myself. https://www.paradigm.xyz/2025/06/orbital

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Stay safe out there. Someone invited me to a software engineering interview from LinkedIn, and asked me to run code to "check out a project". Of course I uploaded it to Replit and it instantly found malicious code that tries to steal all environment variables. I asked him to say "Kim Jong Un is a fat pig" and he hung up. 😂

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Excel is a fantastic functional programming language.

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The next farcon: - Farcaster will be a $1B protocol with a token. - Everyone who attends will be a true owner of this social network. - There will be multiple businesses generating $1M of revenue using this protocol. Mark my words.

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Farcaster Classic is now a crypto social network with no token, a dusted founding team, no path to profitability since the only attraction is a promise of developer rewards by a centralized team and a history of one and done apps seeded by bots sucking up all the rewards. Hypersnap actually has a decentralized blockchain and is actually crypto, now has a mechanism for economic expansion that is native to the ecosystem, and the ability to stake or burn tokens to make bots costly. I seriously have no idea what people are possibly discussing at farcon that could be even remotely interesting long term at this point.

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People are out here writing thinkpieces to sell snap when the protocol hasn't even launched yet and 99% of the crypto community hasn't even been introduced to the protocol. There is almost no liquidity because there was no backdoor deal for LPs to receive premine tokens. All liquidity is organic. If the protocol starts popping, there is absolutely no one on the market able to provide tokens. All liquidity is held by users. This could get scary going up really fast. Might be one of the greatest bag fumbles in crypto history.

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The Dan era of Farcaster needs to be studied. It really was that easy to bring some life back to the protocol but every time you mentioned it he would respond with some fake genius statement like "what would the token do". Meanwhile @cassie just makes the entire protocol tokenized in a few months and hands it out to the community with like 3 other engineers The correct answer was "whatever the community wants" because that's what a decentralized protocol with a token does.

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