proxy
proud uncle
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easiest way to do this today is to use tokenized indices on platforms like @indexy or @reserve The clanker index I created with @re7 and @luc is up 141% since launch, and provides access to a basket of the top clanker tokens, weighted by marketcap. $450k TVL, it's highly liquid and trades without bad slippage in decent size thanks to re7 and reserve handling liquidity and market making Or you could create an agentic index on glider.fi or something like Brahma (is this project still active?) but this requires more manual user choice What makes this hard is simply the pace of our markets, and the extreme volatility of even our best coins, and best performing coins too. Plus - there just isn't a huge amount of demand structured products in crypto, most people here are looking to amplify risk, not reduce it. That said, I'd love to see a nimble and dynamic 1-click, many coins type strategy that used data from a @quotient or a @checkr to automate a strategy. Would consider aping in size to something like that
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care is incredibly vital, as feelings go it's definitely one thing that comes to mind whenever the feed is full of angst about bigger players and choices they're making Another thing that pops into my head "fuck em" Like, there's something rly powerful about having confidence in your alternative. If you have problems with the culture, the goal is already to build a different one, to change it. may as well start like the hippies and say "fuck em." grow your hair out rly long, they'll hate that. Plus, it's gonna be very hard to convince anyone in (for example) the [*redacted for NDA purposes*] cabal telegram chat that there is a path outside of the one that leads to (for example) an invite to the [*redacted for NDA purposes*] cabal telegram chat. which is why counterculture is a hard path. There are costs to going out and caring about your community so powerfully that that community becomes a sort of gatekeeping cabal of its own. And there are rewards. value conjoured - with care - out of thin air
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Jokes aside I did actually love the article, it was great and I love hearing jack talk publicly the way he's always talked to me Clanker did just have to earn trust from everybody. We had some goodwill from the local eco, but fuck, we were nobodies. By far the most stressful early thing was the manual fee distro. We'd earned hundreds of eth off rip, but hadn't implemented plits and were manually claiming all the fees using a script jack wrote. I had an idea to use splits during dev. A month later, we got help from Bryce with the manual fee distro. We owed hundreds of addresses hundreds of thousands of $ in eth and tokens! Had to send it. Bryce saved our asses with that distro, the spreadsheet he made doing the maths to sort out the weth and token amounts we owed to different addresses (provided by a dune that tian and m00n built out iirc) was so impeccable that i asked if he'd come on board FT. Later, he designed our splits flow and jack got it shipped, like he always did, the chad. Phew
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considering putting together a "proxy hack" basically - I have a few ideas I would like to see built out, and the ability to manage & fund the development of them I'm trying to figure out how to structure it to attract talented contributors and align incentives...but sort of feels like if $50-100k could fund a mid, official hackathon, that we could do a lot better with a lil less Theres some very obvious content strategies we could pair with it, that if done right could drive attention to the projects and a hack maps onto launchpad mechanics perfectly being realistic, it's unlikely we'll get support from larger projects, unlikely that we'll attract co-sponsors, and unlikely that we'll get invited to give talks at VC offices and all that (That stuff all comes after you do a couple hundred million in volume, dw) But if the trench whispers that filter down to me are at all accurate, I think we'd be able to get immediate feedback from users & the market, which is both endlessly useful & rare
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