Chief Security Officer at
@krakenfx:
“bUt ThEy BrOkE oUr RuLeSssssss!”
“They drained too much!!!”
BS bro.
When millions are drainable, that’s EXACTLY when your BS rules no longer apply.
That’s exactly when the priority becomes whitehat saving the users, at the expense of the exchange.
Get f(&cked Kraken, woke bunch of commie losers.
Kraken deserves to go to zero.
@krakenfx:
“bUt ThEy BrOkE oUr RuLeSssssss!”
“They drained too much!!!”
BS bro.
When millions are drainable, that’s EXACTLY when your BS rules no longer apply.
That’s exactly when the priority becomes whitehat saving the users, at the expense of the exchange.
Get f(&cked Kraken, woke bunch of commie losers.
Kraken deserves to go to zero.
And this is exactly why the classic UniswapV2 style dexes remain so popular
The UniswapV2 behavior is already hard enough to reason about
These more sophisticated dexes, with their concentrated & one-sided liquidity — Nightmare.
Most basic charts of what happens over a range of prices or scenarios — Doesn’t exist.
Calculators to calculate answers to many of the very basic questions you might want to know about these dexes — Doesn’t exist (in many cases the answers have no closed-form solution, so not a matter of just knowing some simple formula solution.)
Anyway, yeah, $DJT was obviously pulling some tricks, exploiting errors in many of today’s trading calculators
— Because again, state of web3 is so horrible that almost no one has even figured out the right way to do some of these basic calculations properly, vast majority of the calculators out there dead wrong.
State of web3
The UniswapV2 behavior is already hard enough to reason about
These more sophisticated dexes, with their concentrated & one-sided liquidity — Nightmare.
Most basic charts of what happens over a range of prices or scenarios — Doesn’t exist.
Calculators to calculate answers to many of the very basic questions you might want to know about these dexes — Doesn’t exist (in many cases the answers have no closed-form solution, so not a matter of just knowing some simple formula solution.)
Anyway, yeah, $DJT was obviously pulling some tricks, exploiting errors in many of today’s trading calculators
— Because again, state of web3 is so horrible that almost no one has even figured out the right way to do some of these basic calculations properly, vast majority of the calculators out there dead wrong.
State of web3
$DJT on dexscreener vs dextools
~$69k vs $55.2M
Where’s the phantom extra $55M+ liquidity that dextools is reporting?
No one knows.
Everything in web3 horribly broken.
And these are just the most blatant parts you can see.
State of web3
~$69k vs $55.2M
Where’s the phantom extra $55M+ liquidity that dextools is reporting?
No one knows.
Everything in web3 horribly broken.
And these are just the most blatant parts you can see.
State of web3