
Do androids dream of crypto-currency? Building @LighthouseOne_ @NEMOTradingHQ Previously @DegenScore @Google
On-chain
Joined March 2012
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“A Primer on a Socially Scalable Internet” medium.com/turing-capital/a-…
RT @LighthouseOne_: Binance Exploiter 3 ( is max borrowing wETH against USDT on AAVE v3 (Core Market).
HF 1.04 is extremely low: a ~4% inc…
The first cigarette I ever smoked was in the short-stay car park of Stavanger airport. It was a Camel Blue. The sky was Norwegian. Overcast and grey.
Since then I have smoked a lot of cigarettes, and will often claim that taking it up was the best decision I have made in a long time.
A cigarette operates as a small stick of entropy; within that single gram lives an agent of motion, a compulsion exerting itself over soporific lives. The random conversations one has with strangers over a cigarette often carry an edge of meaning that is hard to find in an otherwise superficial world. Mutual participation in a self-destructive exercise. Common ground transcending language. Line cooks, security guards and executives, relegated to a huddle under an awning as the rain pours, sharing a lighter. Ritual.
Much of what we have lost in the last two generations can be distilled to a neutering of our innate risk appetite. An unlanceable push towards comfort and safety, calcifying young minds and inculcating in them the belief that they are enough the way that they are. That to cast the runes is to err. Lost.
You are not enough. To make it is to understand that you never will be — and then to try anyway.
Smoke.
unsurprisingly the "best crypto traders/investors", individuals and team, happen to be just good at their craft: trading & investing, regardless of the asset class.
some of the best we know have been deploying aggressively, and successfully, across equities for some time
Two key insights emerge about it:
1. Coinbase take rate is very high (2% of borrowed amounts if loan below $250k) because they own captive users and because onchain borrow rates are currently competitive and help stomach the fees. This will not always be the case.
2. Morpho is a real platform: Coinbase has built their own product on top of it, managed to successfully monetize it while retaining full sovereignty over their users, without fear of competing with Morpho itself.
Imo point 2 is often misunderstood in the Morpho vs AAVE debate: Morpho aims to be a platform, AAVE wants to be an app. These are very differently shaped businesses, products and gtm motion - hard to compare 1:1
xitter.gq/tumilet/status/2079148…
Angelo retweeted
It's not (empty).
The whole section is called DeFi. And it's been the backbone of Ethereum for the last 6 years.
This saves thousands of human hours.
For those who haven’t been in the blockchain data mines, you have no idea how much time is wasted manually sifting spam tokens & transactions, dusting attacks (that have stolen millions $) for accounting & reconciliation
Big Tempo win
Any reason why in the year of the lord 2026, I cannot query my very own data on @cartainc through an API, @henrysward?
Invite-only APIs with a 2024 deprecated Google Form or an Excel-plugin does not count
Rare to see new onchain mechanics but this one lands right: simple & tokenized, incentive compatible across participants, unlocks a new usecase (callable capital).
Can see many actively managed vaults wanting to offer this to their LPs - this new money Lego will be adopted
3Jane has grown to $75M TVL since inception.
To accelerate our growth we're introducing LCC: a new primitive for unfunded capital commitments
Post 7.5% margin, back a 13x callable capacity, & earn 10%+ USD APY. Live in August
3jane.xyz/reports/introducin…
Great deepdive by @andrewhong5297 on the SummerFi hack.
TLDR:
- Vault onchain complexity is high and only increasing
- Underwriting vaults/token is very hard for curators and impossible even for sophisticated native users.
We need better onchain data
xitter.gq/andrewhong5297/status/…
We spent years deep down the blockchain data mines and it's not looking good: despite drowning in data what allocators, protocols and yes, agents, need is still better data.
"The ontology gap"
Why data is holding back onchain finance
See you @ETHGlobal in Lisbon, anon
🌟 NEW Pragma Lisbon speaker announced:
@angelomint, Co-Founder of @LighthouseOne_
July 25 • Pavilhão Carlos Lopes 🇵🇹
ethglob.al/HKRXP56HKA
Angelo retweeted
Hyperliquid perps are not as “linear” as most assume.
For most contracts, oracle is USDT-denominated, margin is USDC, and no USDC/USDT conversion is applied.
This embeds a strong assumption: 1 USDC = 1 USDT.
What happens when this is no longer true?
xitter.gq/NEMOtradingHQ/status/2…
Art of the prompt undefeated.
Interesting results from @Bridgewater on replicating expert judgement in financial tasks:
Biggest accuracy bump seems to come from expert prompting: naive prompts get frontier models at ~50% accuracy, expert prompting pushes it to the high 70%.
Does it really matter if we get all this intelligence but we simply can't prompt it right? How much of the current knowledge workers' workflow is already within AI reach but we simply have not found the right app/workflow/incentive to automate?
xitter.gq/tinkerapi/status/20720…
Sorting which financial docs are worth an analyst's time is surprisingly hard for frontier LLMs. With an expert-labeled dataset and on-policy distillation, Bridgewater fine-tuned a model to do it reliably and cheaply.
thinkingmachines.ai/news/lea…
Six years ago we watched DeFi TVL cross $1b
Today, LH1 customers manage over $2.4b in assets with our platform.
As internet-native capital markets shape the next generation of asset managers, we'll forge the tools they need to perform
xitter.gq/LighthouseOne_/status/…
the ai scare in crypto is an IQ test
I can not think of anything more bullish for crypto than finally being forced to treat security and privacy as the core properties of the entire industry
I'm sure there'll be some rough battles, but the war will be won
Fixed rates summer
Day 155 - Running 10k a day until we launch @TenorFinance
Quote of the day: “it’s fixed rates summer” - @angelomint
10k @ 4:51/km
Angelo retweeted
Day 155 - Running 10k a day until we launch @TenorFinance
Quote of the day: “it’s fixed rates summer” - @angelomint
10k @ 4:51/km
Day 154 - Running 10k a day until we launch @TenorFinance
Went to 2 tracks, both were closed. Ended up on the bike path on the west side
Shoutout to the little garbage truck cruising at exactly 3:35/km
WU
4 x (8:00 @ 3:35/km - 1:00 rest)
CD
Total = 14k
Angelo retweeted
After 6 months of work, we're proud to finally share our first release of our new smart contract language:
Plank v0.1 🚀
To fix the fundamental issues plaguing smart contract development we're rebuilding the language stack from the ground up. 🏗️
Learn more 👇
1) liquidators bot should be technically ready to receive Aave aTokens when liquidating wETH Aave positions
2) guess the price at which liquidators will liquidate these positions will give an insight on what discount sophisticated users want to ride out wETH in Aave
AAVE liquidation nuance worth watching:
ETH drops, HF goes below 1, liquidator repays the debt.
If the collateral is wETH and the reserve is at 100% utilization, taking out raw wETH can fail.
Liquidators should be ready to receive aWETH (at their desired discount)
Angelo retweeted
As yields in DeFi compress, @ryskfinance is able to offer highly competitive rates across multiple assets with covered calls.
Lighthouse users have noticed and we recently released users can now leverage a dedicated Rysk integration with detailed analytics 👇































