RichKing👑 | RPS AI (@richardkingxyz) 's Twitter Profile
RichKing👑 | RPS AI

@richardkingxyz

cofounder @rps_ai | @orangeDAOxyz fellow | building @UseUltraLP

ID: 1445836758575304715

linkhttp://rpslabs.io calendar_today06-10-2021 19:42:11

3,3K Tweet

1,1K Followers

928 Following

RichKing👑 | RPS AI (@richardkingxyz) 's Twitter Profile Photo

Last week was Wintermute demo day. This week we're working on the last steps to get UltraLP - LP Smarter Onchain with AI out of beta. Excited to finally unleashing P&L freedom to everyone and anyone that has ever and will ever use Meteora DLMM. Let the data flow.

Superteam Canada (@superteamcan) 's Twitter Profile Photo

Welcome RichKing | RPS AI to Superteam Canada! 🔥 Cofounder of @rps_ai, an AI liquidity engine on Solana. Studying at StanfordGSB and OrangeDAO alum, Rich has cohosted DeFi workshops, and connects with Solana teams around the world. Vancouver is home (most of the time 😛) 🫡🍁

Welcome <a href="/richardkingxyz/">RichKing | RPS AI</a> to Superteam Canada! 🔥

Cofounder of @rps_ai, an AI liquidity engine on Solana. 
Studying at StanfordGSB and OrangeDAO alum, Rich has cohosted DeFi workshops, and connects with Solana teams around the world.

Vancouver is home (most of the time 😛) 🫡🍁
RichKing👑 | RPS AI (@richardkingxyz) 's Twitter Profile Photo

A year ago, I randomly dropped by some crypto event booth, and met Simon, Mego, and Jack. They told me they had this coworking space full of like minded people. I was doubtful about it being a cool thing. They said they had free pizza. I was in. It was tough to find the

RichKing👑 | RPS AI (@richardkingxyz) 's Twitter Profile Photo

I often get approached by frustrated founders that are dealing with poor liquidity distribution on AMMs. They are paying costly retainers to get subpar depth & yields, and high IL. Your traders are paying $5K in slippage for a $100K swap? Thats an invisible ceiling on volume

I often get approached by frustrated founders that are dealing with poor liquidity distribution on AMMs. 

They are paying costly retainers to get subpar depth &amp; yields, and high IL. 

Your traders are paying $5K in slippage for a $100K swap? Thats an invisible ceiling on volume
RichKing👑 | RPS AI (@richardkingxyz) 's Twitter Profile Photo

Here's what I learned in the 2 weeks of working in the Wintermute office... - Its 8:30PM on a Wednesday, US market closing, no one moves an inch from their desk and its dead silence. Rows of cefi/defi traders glued to their screens. The only sound is clicking and the toilet

Here's what I learned in the 2 weeks of working in the Wintermute office...

- Its 8:30PM on a Wednesday, US market closing, no one moves an inch from their desk and its dead silence. Rows of cefi/defi traders glued to their screens. The only sound is clicking and the toilet
RichKing👑 | RPS AI (@richardkingxyz) 's Twitter Profile Photo

Update: ok apparently no one leaves until midnight, and then a secondary trading team takes over. And weekend shifts are 14 hours long. You think sniping memecoins is tiring?

RichKing👑 | RPS AI (@richardkingxyz) 's Twitter Profile Photo

Satsmonkes was one of our earliest beta testers and provided critical feedback to shaping the tool. Our retention is incredibly strong. Appreciate the shoutout!

RichKing👑 | RPS AI (@richardkingxyz) 's Twitter Profile Photo

I never thought myself as someone who's good at tweeting... as a startup founder, (like many on this platform) time is split between customers, cofounders, engineers, investors and reading how the tech all works...i dont have all day to spare either... after tweeting 3800

RichKing👑 | RPS AI (@richardkingxyz) 's Twitter Profile Photo

The solution: scale defi beyond today’s capacity, the exotic returns are eroding Ethena basis trade is at its limits, time to return composability and leverage tokenization