Stories with tag: seigniorage
The Tomb Fork Saga
A year ago, I discovered a strange kind of algorithmic stablecoins revolving around seigniorage that are also ...
A year ago, I discovered a strange kind of algorithmic stablecoins revolving around seigniorage that are also called Tomb Forks.
by 0xedB0...3484
on block 57 090 001
The Fall of the Forks
Le Zèbre had been investigating Tomb Forks for a few weeks. To really feel how it all worked, he invested in ...
Le Zèbre had been investigating Tomb Forks for a few weeks. To really feel how it all worked, he invested in 2omb, then Platinum, then, as an experiment, he put 30 FTM in 5 tomb forks. After setting ...
by 0xedB0...3484
on block 57 089 986
Tomb Forks: the race is on
Le Zèbre finally leaves Platinum finance, to launch a new experiment.
Le Zèbre finally leaves Platinum finance, to launch a new experiment.
by 0xedB0...3484
on block 57 089 963
5 epochs into Platinum Finance
As you know, le zèbre went testing Platinum Finance yesterday. A bit more than 24 hours after, here is where ...
As you know, le zèbre went testing Platinum Finance yesterday. A bit more than 24 hours after, here is where he stands.
by 0xedB0...3484
on block 57 089 933
Impermanent loss, the trap of the LP stakers
When I woke up the next morning, I was still feeling confused by the dead body from 2018 I had found ...
When I woke up the next morning, I was still feeling confused by the dead body from 2018 I had found yesterday evening. I went directly to the 2omb casino to get a breakfast and my round of freshly ...
by 0xedB0...3484
on block 57 089 644
A dead body from 2018
For the last few days, I had been investigating on some dodgy protocol that had recently caught wind in DeFi. ...
For the last few days, I had been investigating on some dodgy protocol that had recently caught wind in DeFi. It was involving some weird combination of three tokens (TOMB, TSHARE and TBOND) to ...
by 0xedB0...3484
on block 57 089 600
2omb over the peg ... and rising
Yesterday, I told you about how LP stakers and share stakers could have diverging interests. This was some ...
Yesterday, I told you about how LP stakers and share stakers could have diverging interests. This was some kind of theoretical case. Let’s apply that to what’s currently going on 2omb.finance.
by 0xedB0...3484
on block 57 089 513
LP stakers vs Share stakers
As we discovered yesterday, vampcoins are already among us. The first of them all was Tomb.Finance. As many ...
As we discovered yesterday, vampcoins are already among us. The first of them all was Tomb.Finance. As many forks are popping in many blockchains, we can spend some time thinking about incentives and ...
by 0xedB0...3484
on block 57 089 484
The vampcoins are already among us
Yesterday morning, I wrote a short story explaining that we should get ready for vampcoins. In it, I was ...
Yesterday morning, I wrote a short story explaining that we should get ready for vampcoins. In it, I was seriously behaving like a prophet, telling that vampcoins would thrive and spread to other ...
by 0xedB0...3484
on block 57 089 462
Get ready for Vampcoins
They’ll soon flood the blockchain ecosystem. They are easy to set up and will suck the life of the ...
They’ll soon flood the blockchain ecosystem. They are easy to set up and will suck the life of the blockchains that host them. Get ready for them to thrive.
by 0xedB0...3484
on block 57 089 432
Tomb Fork REX
According to WhatTheFork.xyz, there has been at least 479 Tomb Forks around. Almost all of them are failures ...
According to WhatTheFork.xyz, there has been at least 479 Tomb Forks around. Almost all of them are failures after maximum one month. Scanning through the whole Tomb Fork list, I could only see 3 of ...
by 0xedB0...3484
on block 57 088 321