defi

In 2021 I listened to Hayden Adams explain Uniswap on the Bloomberg Odd Lots podcast, and my life changed forever.

Let's start with some data - let's just pick 30 random words from the BIP-39 list (the words used for your seed phrases).

Let's start with some data - let's just pick 30 random words from the BIP-39 list (the words used for your seed phrases).

Let's say you're a developer working for an e-commerce retailer who sells fruit.

We've discussed the concept of and how developers use it to manage complexity and collaborate effectively.

This article aims to give you a theoretical understanding of MEV in relation to the real-world activities that look a lot like MEV.

American International Group (AIG) was founded in 1919 in Shanghai as a generalized insurance agency called American Asiatic Underwriters.

By definition, history does not begin nor end; everything comes from before, everything leads to something.

Lehman Brothers Holdings Inc.

Arbitrage - an opportunity to secure a guaranteed profit by identifying and exploiting an information discrepancy.

Bond A that pays $100 in 1 week  Bond B that pays $200 in 1 year

Practical definition of Money:  Money is a system of value that facilitates the exchange of goods in an economy.

refers to the efficiency or ease with which an asset can be converted into cash without affecting its market price.

(perps) were a concept developed in the 90s but not really tried until released crypto perps in 2016.

Consider a square with sides of length X. An increase in side length results in:

Has the depth and to allow for reliable and efficient international transactions Can be freely and easily exchanged for other currencies ...

Settlement is the "final step in the transfer of ownership, involving the physical exchange of securities or payment".

A vector is a concept used to convey quantities that cannot be expressed by a single number.

The way I think of a computer is it's a machine that provides a platform for the (incredibly) quick and efficient calculation of math.

Alright, let’s talk product manufacturing cycles. At a super high level, here’s one one cycle looks like:

Options are a contract between two parties to buy/sell an asset (in the future) using a fixed price and date.

Here's the unspoken question: “so what does this look like in 50+ years? Does crypto eat the world?”

This thread is the result of 2+ hours spent making this digestible to my incredible smooth brain. Thank you.

Money is a concept older than history; by 2008 it had permeated our lives so deeply that it’s hard to understand the world without reference to it.

Deposit collateral, mint GHO. Burn GHO, reclaim collateral.

First, a metaphor: Let's say you have a really cool Lego boat... but you're kinda into that other girl's Lego Star Wars set.

Before we dive into the tokens, let's take a step back and talk about De-Fi holistically.