Simon retweeted
One of the biggest blockers to experimentation and innovation on Sol is distribution (or lack of).
Put simply, if your idea doesn't fit inside the box given to you by the big infrastructure (routing, indexing, etc), then no one will find your token/idea/launchpad etc.
Some have tried to counter this by launching a visible token (i.e via pump or wherever) and then directing that attention to their own site but that's still too high friction.
Both the expense of building, and the skill required to do so have been reduced 90%, and we should be using this to innovate and experiment. Not just rely on a few big corps to decide what features are 'worth it'.
So i'm building Pipeline (it will never have a token, and any potential revenue if it succeeds will be part of the @fffactoryhq ecosystem).
Pipeline is a permissionless onchain router for new bonding curves, AMMs, launchpads etc. Creators can register their contracts with Pipeline, and infra (trading bots, terminals, charting) that has Pipeline integrated will pick them up automatically.
Anyone that's interested in experimenting with the platform, looking to build something themselves, whether that's things to register with Pipeline, or infra built on top of it, please drop me a dm or comment here.
Currently only live on devnet as still running tests etc, will likely build a few fun AMMs/T22 hooks that can be experimented with myself to go with the mainnet launch, but anything extra built by others would be awesome (if you build your own amms, bonding curves, launchpads etc you can charge your own fees on them).
github.com/MetalLegBob/pipel…
Simon retweeted
Technical moats are mostly over at this point. If you’re building something that is meant to be durable, the only moats now are:
• Proprietary data
• Network effects
• A physical component
🥶
Correction: for multisigs the ideal "safe" rule is that you want each signer to change their key after each operation.
(This is making an implicit assumption that ECDSA might become weak, but not to the point where any crack of it would be literally instant so you would literally have to worry about eg. in-mempool frontrunning)
You definitely still want to gather sigs offchain if possible, to minimize the number of hours between "sig revealed" and "key no longer active"
But again: it's very easy to lose funds from a misconfigured rushed upgrade, so ... don't rush anything.
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Simon retweeted
Useful if you need to manage liquidations
Trailing stops are now available for perp markets.
A trailing stop's trigger price follows the mark price as it moves in favor of the position. When the mark price retraces from its best level by the selected distance or percentage, it triggers a market order. For long positions, the trigger price follows the highest mark price reached since activation; for short positions, it follows the lowest. An optional activation price determines when tracking begins. Without one, tracking begins immediately at the current mark price.
Right advice is priceless
Regulators, exchanges and acquirers examine how an entity has been administered, not how it was formed.
Full cost breakdown, and the questions worth asking before you commit to any structure: mugen.ky/blog/cayman-foundat…
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Continuing to iterate reperp @Colosseum in the Crypto World's Fair Hackathon in time for Breakpoint
colosseum.com/hackathon/soci…
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