_Synthquest🐸📊 retweeted
> This is a "we don't know what we actually want" problem.
The mob wants ETH number to go up. Failing that, someone, anyone, to point fingers at.
This will require greater need for and use of ETH, and therefore more burning of ETH.
Fortunately, we are getting very close to being able to implement near-synchronous and synchronous composability in which tokens will be able to move automagically via ZK proofs that set up shared atomic execution contexts across multiple networks (L1, L2s, Besu private networks, ...) in real-time. This will unify fragmented liquidity pools in real-time. Much ETH will be burned increasingly many complex bridge-less cross-chain TXs are orchestrated. TradFi is coming to do some of this. Agentic will do some of this. And DeFi will make use of this.
Unpopular opinion: The Ethereum Foundation did nothing wrong.
2024: "EF is too centralized! Step back! Let the ecosystem breathe!"
They listened.
2025: Restructured leadership. Reduced influence. Gave the community space.
2026: EthLabs launches.
Now the same people are screaming: "Where's the leadership?! EF is useless!"
Let me get this straight:
→ You demanded decentralization
→ You got decentralization
→ Now you're mad there's no central leader
This isn't an EF problem.
This is a "we don't know what we actually want" problem.
We want the aesthetics of decentralization with the comfort of a king.
We want someone to blame when things fail, but no one in charge when things succeed.
The EF did exactly what the community asked.
And now they're being punished for it.
Maybe the problem isn't the foundation.
Maybe it's the mob.
Ethereum doesn't need saving. It needs the mentality to grow up.
Agree or disagree? 👇
_Synthquest🐸📊 retweeted
‼️Please be aware that the handle @dunesim, has been compromised. We are actively working to regain control and have already flagged the account with X team.
Please do not engage with, click links, or respond to any content posted from that account until we confirm from this account @dune that access has been restored.
_Synthquest🐸📊 retweeted
the eth core devs don’t tweet a lot about just how hard the work that they do is so let’s talk about it:
1. every line of code they merge can move more money than most banks process in a quarter. there is no staging server for that.
2. they swap consensus logic for a 400B + dollar economy without scheduling downtime. ever.
3. they coordinate hundreds of researchers, auditors, and client teams across time zones, cultures, and philosophies, yet ship like a single mind.
4. they do it all in public, with every decision dissected by the loudest peanut gallery on the internet, and still keep the vibe collaborative.
5. they design for attackers who have nine figure incentives and infinite patience. then they sleep anyway.
6. they keep six independent clients in perfect sync so the same block lives at the same height for every node in the world.
7. they turn bleeding edge research into production code while preserving backwards compatibility for machines that went online before defi even had a name.
8. they debug issues that only happen once a year on a single archive node because someone somewhere will rely on that edge case.
9. they write cryptography that must stay unbroken for decades while the math itself evolves beneath their feet.
10.when the upgrade lands smooth the outside world shrugs. inside ethereum we know it was a minor miracle. every successful fork proves that decentralized coordination can outperform the world’s best hierarchies and shows that open internet capital markets are now the default.
thank you, truly.
we owe you everything.
_Synthquest🐸📊 retweeted
Honestly the biggest takeaway from all of this is if you’re not a BTC maximalist you 100% will be by the time this is all over
_Synthquest🐸📊 retweeted
Replying to @hagaetc
So @ajnafi is an immutable protocol with fully permissionless functionality and a buy/burn on the delta between borrow/lend rates.
The gov mechanic is exclusively used to allocate the grant rewards quarterly from the diminishing treasury. Otherwise no gov admin of the protocol.
_Synthquest🐸📊 retweeted
It would seem I made it a habit of writing blog posts to wrap up a year in @thales_io and @OvertimeMarkets developments.
This blog post was not intended as such, but it's an outcome of a long deliberation on what is the best future path for Thales protocol and token.
It elaborates on our journey so far, and why I believe that, at this juncture, we should fully embrace Overtime's branding, coupled with a new token $OVER.
There are fundamental tokenomics changes proposed in the accompanying governance proposal.
Without further spoilers, I truly hope you read it and join the discussion.
link.medium.com/ex5RQMKhfPb
_Synthquest🐸📊 retweeted
Absolutely massive day of @Chainlink product launches and announcements today at #SmartCon 2024
• Introduction of the new Chainlink Runtime Environment (CRE) platform architecture to scale Chainlink to 1000s of chains and enable custom, modular oracle service creation
blog.chain.link/introducing-…
• Launch of CCIP v1.5 and the Cross-Chain Token (CCT) standard, featuring self-serve token onboarding for any new/existing tokens, Token Developer Attestation, Token Manager, CCIP SDK, and refreshed Explorer
blog.chain.link/ccip-v-1-5-u…
• Launch of the DECO Sandbox, enabling devs and institutions to engage with preconfigured and custom use cases using the original zkTLS solution for privacy-preserving data verification
deco.chain.link/sandbox
blog.chain.link/deco-sandbox…
• Launch of Cross-Chain Staking functionality with CCIP, featuring @LidoFinance and numerous additional LST/LRT protocols as initial launch partners
blog.lido.fi/lido-staking-go…
blog.chain.link/scaling-stak…
• Launch of Chainlink Data Streams on @solana, featuring @GMX_SOL as the initial launch user (1.2% rev-share), along with numerous additional new chain integrations (on pace for one new chain per week)
xitter.gq/solana/status/18…
• Planned integration of Payment Abstraction into CCIP and Data Streams to convert fees to $LINK using CCIP, Automation, Price Feeds, and @Uniswap DEX liquidity (undergoing audit Dec 6)
xitter.gq/chainlinkgod/sta…
• Dozens of ecosystem integration announcements from new chain integrations like @hedera to canonical CCIP integrations with Bitcoin L2s (@BotanixLabs, @BSquaredNetwork, @BitlayerLabs), and much more I’m missing
Watch the full keynote presentation from @SergeyNazarov: youtu.be/66fFBNDGEn4?si=JTQs…
.@SergeyNazarov announced at #SmartCon 2024 how CCIP and Data Streams will be integrated with the Payment Abstraction layer
Payment Abstraction is a cross-chain billing system that converts fees payments into $LINK using CCIP, Automation, Price Feeds, and Uniswap
_Synthquest🐸📊 retweeted
If you are trading onchain literally anywhere besides @Kwenta_io on Arbitrum, you're overpaying on your trades.
on Gains, you're overpaying by 7bps
on GMX, you're overpaying by 5-9bps
on Drift, you're overpaying by 4bps
on Aevo, you're overpaying by 8bps
Replying to @synthetix
4️⃣/9️⃣ Trading fee discounts
For two weeks, taker fees are reduced to 5 bps on all markets
_Synthquest🐸📊 retweeted
It might seem like just another release, but I've watched these 2 teams grind countless hours and late nights.
We've had arguments, we've made friendship, we've watched children be born (congrats btw).
Now it's here, and it's all so you can balls long memecoins. Enjoy. 🥂
The wait is over! @synthetix V3 has hit @arbitrum, and it's only on Kwenta.
Dive into an onchain trading revolution with unbeatable flexibility, low fees, and multicollateral margins.
Full scoop in the 📚 Blog: mirror.xyz/kwenta.eth/_EbHyf…
Highlights in our thread 🧵 👇
_Synthquest🐸📊 retweeted
Ethena frontend compromised. Please stay away and do not interact with the Ethena UI nor Ethena links!
_Synthquest🐸📊 retweeted
It's election time again at Synthetix DAO and the snaxFrens collective is running for another epoch, here is our pitch.
read the thread below or just click this link:
mirror.xyz/lono.eth/Pgn9_-5r…
Vote here: governance.synthetix.io/
🧵👇
_Synthquest🐸📊 retweeted
🚨 Synthetix Arbitrage Bot Workshop 🚨
📅 May 16th, 7 PM UTC
📍 Live on Discord
Join us to learn about:
- Key concepts of funding rate arbitrage
- How arbitrage bots operate
- Downloading and running the open-source bot yourself on @base
RSVP in the next tweet. 👇
_Synthquest🐸📊 retweeted
With token distribution done and all council elections complete, you can expect @TLX_FI launch very soon. Not Synthetix soon, but actually soon, within the next two weeks (lol) 🧵 1/5






































