Durden ∞⧖ (@durdenwannabe) 's Twitter Profile
Durden ∞⧖

@durdenwannabe

Kicking ass @Lifinity_io @sandglass_so

ID: 1393489779786874881

calendar_today15-05-2021 08:54:01

5,5K Tweet

8,8K Followers

379 Following

Durden ∞⧖ (@durdenwannabe) 's Twitter Profile Photo

Super dope People will be able to see why futarchy works in a very direct way (futarchy is literally numba go up tech) And then there won't be any room to make silly theoretical arguments about why it won't work in practice

Durden ∞⧖ (@durdenwannabe) 's Twitter Profile Photo

To avoid this effect, instead of buybacks via market buys, Lifinity ∞ adds buyside liquidity evenly spread from the market price to the book value This also generates yield from trading fees And if the market price < book value, we just buy the underpriced tokens up to the BV

Durden ∞⧖ (@durdenwannabe) 's Twitter Profile Photo

Making money in futarchy is easy: 1. Invest in token sale 2. After ICO ends, wait for futardios to dump 3. Make a proposal to buy tokens below book value 4. Book value increases 5. Profit

Durden ∞⧖ (@durdenwannabe) 's Twitter Profile Photo

Lotta talk of dark AMMs these days People are acting like they're new, but the first one was Lifinity and it's been market making on Solana and improving prices for traders since January 2022. And Lifinity is the only one that built a community and enabled it to profit from it.

dr cavey phd ⏳ (@cavemanloverboy) 's Twitter Profile Photo

This experiment, which was done on a whim by, showcases what's possible on solana. Extrapolating from this experiment, the network today, with efficient token standards and onchain programs, could process approximately: - 100k nanotoken transfers/s - 80k p-token transfers/s -