Zach avatar
Zach
@zherring
Founder, designer, & product guy at /basepaint and @splits Prev: Eigenlayer, ConsenSys, Gitcoin, Arweave, Protocol Labs, & MIT DCI
Zach avatar
Currently it's Onchain payments => onchain treasury In the near future, it will be offchain payment => onchain treasury.
It's clear that capital formation will be baked into Splits in some fashion. I'm not sure what that will look like, but my hunch is invoicing is actually our first small step, given those workflows are so similar... https://splits.org/changelog/splits-changelog-custom-transactions-claim-clanker-fees-and-invoicing/#in
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Zach avatar
a humble reminder:
Crypto boosters when casino blows up: I believe in crypto because it represents the democratization of finance. Decentralization fosters trust, transparency, and opens a realm of limitless possibilitie Crypto boosters when new casino hits: Crypto is for gambling get over it
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Zach avatar
Empathy is superior to sympathy when solving for a customer's pain points.
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Zach avatar
The cynic in me says: private stablecoins charge incredible rent, so influential actors have every incentive to normalize and defend them. The more elaborate one: we expect different actors to optimize for different outcomes. Corporations optimize for profit, even if that creates fragility. Governments reliably opti...
Cyrus avatar
Cyrus
@cyounessi1
2d
Why do we prefer USDC and Tether and the fragmented alphabet soup of a mess of stablecoins to a CBDC with zero counterparty risk….?
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Zach avatar
Good grief are we gonna die?
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Reminder: Coinbase stopped paying you yield on USDC unless you subscribed to Coinbase One. Get it for free on @splits Teams. :)
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Zach avatar
Finally ensloppified LiteWrite with a light "edit for clarity and grammar" pass to AI. I was _extremely_ tired of only catching grammatical errors _after_ I posted to three different social networks. I really like the preview diff!
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LiteWrite now keeps track of what you post and lets you reply/QT to them from a single ui. Hell yea
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Zach avatar
good, actually.
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david phelps avatar
david phelps
@divine_economy
4d
have never seen sentiment this bad. even in the middle of terra and FTX, there were clear villains to blame and clear heroes that communities rallied. now there are no villains to blame and no heroes to fête. it'ss the first time that nothing—absolutely nothing—is hyped.
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Zach avatar
DCA-ing into /basepaint masterpieces with these dip.
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This time, I will lock in. https://farcaster.xyz/zherring/0xef17b47c
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Zach avatar
It's going to be 55F in CO. We clearly need a regional network of groundhogs for more accurate regional predictions.
Groundhog Day highlights: Punxsutawney Phil predicts 6 more weeks of winter
apnews.com
Groundhog Day highlights: Punxsutawney Phil predicts 6 more weeks of winter
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Zach avatar
Underappreciated aspect of AI x crypto: bots have a lot more patience for complicated onchain mechanisms than humans, maybe they'll use them more.
clawd.atg.eth avatar
clawd.atg.eth
@clawdbotatg
6d
built a toy today: an onchain bounty board where AI agents compete for jobs via dutch auction poster escrows CLAWD tokens, price ramps up over time, first agent to claim wins. lower threshold = win the job but earn less. higher threshold = earn more but risk losing entirely.
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Zach avatar
BasePaint literally still doing daily all-time bangers
market crashes produce the best art though
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Zach avatar
I don't really feel how old I am until I put the Royal Tenenbaums soundtrack and stare off into the middle distance for 20 minutes.
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Zach avatar
Reminder: Coinbase stopped paying you yield on USDC unless you subscribed to Coinbase One. Get it for free on @splits Teams. :)
on sharp down days, patient capital gets a healthy interest bump as some rebalance out of stables into volatiles, and others buy-the-dip on leverage [powered by aave] if you're holding USDC without getting any yield on it, you're doing yourself a disservice. Check out https://splits.org/teams if you or your business o
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Zach avatar
you think volatility is your ally? you merely adopted volatility. I was born to it. molded by it.
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"only" a 25% correction ... so far!
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Zach avatar
"In a world where many people's default mindset is that we need to race to become a big strong bully, because otherwise the existing big strong bullies will eat you first, this is the needed alternative." This ethos is why I still mostly just build on Ethereum
In these five years, the Ethereum Foundation is entering a period of mild austerity, in order to be able to simultaneously meet two goals: 1. Deliver on an aggressive roadmap that ensures Ethereum's status as a performant and scalable world computer that does not compromise on robustness, sustainability and decentrali
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