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korpi

16 Nov, 9 tweets, 3 min read

I recently crossed 10k followers on Twitter. That's amazing. Thank you everyone!

On this occasion I would like to share a few thoughts and announce that I'm looking for a helpmate (an intern) to establish a symbiotic relationship for both of us. Read on for more details 👇

I had never imagined there would be so many people interested in my content, especially that I'm not very entertaining with my DeFi talk and I don't post 100x moonshots which will make you a millionaire in a week. I don't shitpost too. Yet, you are still here. Thank you!

Although my Twitter bio says "full time in DeFi", this "full time" got substantially reduced in recent months. I'm stigmatized in meatspace with normal life. I don't live in the parents' basement - I have a house, wife and infant daughter. I mean it's great but it takes time :)

Bull market creates so many opportunities that I can hardly keep up with all the alpha groups I'm in. Chasing these opportunities in my free time, when I'm not changing diapers, distracts me from what I enjoy the most: creating DeFi-related content.

I realised I need some help.

The most breakthrough moment in my thought process was that I could find someone who has what I don't have (time) and doesn't have what I have (information). This would allow us to create a synergistic relationship in which contributions and benefits are heavily optimized.

I'm aware not everyone in crypto is already rich. There are many newcomers who were not blessed by joining this movement early and haven't profited yet from the market growth. For many of them being whitelisted for a presale or getting an airdrop could be truly life-changing.

This cohort of naive "retail users" is usually taken advantage of by CT "influencers" who use them as exit liquidity. I want to transform some retailers into aspiring chads by delegating some of my work to them. An ideal perfect example of symbiosis :)

My perfect intern:
- Speaks English
- Has a lot of free time
- Doesn't have a big portfolio (<5 figures)
- Is ok to work on mundane tasks (but often highly rewarding)
- Is determined to "make it" :)

If you find it interesting, fill in a form: forms.gle/kmhP7ea71iLqmq…

If you know a good candidate, please share this thread with them. Let's find some newcomers who are ready to roll up their sleeves and do some work to go to the next level of their crypto adventure!

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More from @korpi87

korpi

@korpi87

6 Nov

@templedao

I must admit I'm absolutely astonished at the amount of effort @templedao put to prepare the Opening Ceremony. Combining Discord, Cryptovoxels, Metamask into a seamless gaming / metaverse experience also gives me a lot of confidence in the level of technical skills the Team has.

Many may feel discouraged by the lack of clear instructions how to participate in the ceremony. "Just take my money and let me ape in!".

But making it difficult to enter may be a very clever idea.

Firstly, it's really hard and time-consuming to complete all the quests on your own. That's why you need to collaborate with others. This collective effort to find the right way is the process of creating a community. And strong community is everything for the project.

Read 6 tweets

korpi

@korpi87

17 Oct

If you think $FTM, $AVAX, $SOL, $MATIC, $STAKE, $MOVR, $ONE, etc. are "Ethereum killers" because they are cheap to use while $ETH is prohibitively expensive and can't scale, you miss the forest for the trees (also ngmi).

Ethereum is scaling now but you are not paying attention.

https://twitter.com/sassal0x/status/1448861102587060226

Optimistic Rollups (Optimism and Arbitrum) are just the beginning of the new era. The rise of Zero Knowledge Rollups (zkRollups) is a whole new paradigm. It's a cryptographic magic our simple brains can't yet embrace.

https://twitter.com/sassal0x/status/1448861102587060226

"Anything any monolithic blockchain (L1) can ever do, a single zkRollup can do it significantly (>10x) better. And there can be hundreds or thousands of zkRs interoperating relatively seamlessly."

Let that sink in.

polynya.medium.com/rollups-data-a…

Read 10 tweets

korpi

@korpi87

25 Sep

6 months ago I covered $OHM before the project officially launched. Investment of 570$ into Initial Discord Offering would be worth more than $1.5M now if staked all the time... Absolutely incredible.

Today I want to share a project which gives me similar vibes. Meet $TEMPLE.

1)
I must admit I had seen $TEMPLE being mentioned here and there many times but I was reluctant to research "another $OHM fork" as it was pitched to me. However, when I finally invested my time to go through Medium articles and Discord I understood it was a premature assessment.

@TempleDAO

2)
First and foremost, I don't think @TempleDAO is a competitor to @OlympusDAO. $TEMPLE definitely borrows some ideas from $OHM but innovates on them to create a new set of products with a different objective.

Good comparison between Olympus and Temple:

https://twitter.com/ishaheen10/status/1426256807048073218

Read 18 tweets

korpi

@korpi87

2 Sep

"EIP-1559 sucks. After it was implemented gas prices skyrocketed!"

This take is propagated a lot and I think this is far from true. Correlation is not causation. I suppose gas prices would be much higher now if we didn't have EIP-1559. How does EIP-1559 save you $ETH? 🧵👇

1)
Before EIP-1559 when you submitted a transaction on Ethereum, you had to set up a single gas price. If it was high enough, your transaction was included in a block and you paid exactly what you agreed to pay. In many cases you might have substantially overpaid though. Why?

2)
Imagine you need to execute a transaction immediately. You check gas prices on gasnow.org and you see a rapid transaction is at 100 GWEI. But this is just an estimation and may suddenly increase. To secure inclusion in the first block you decide to use 200 GWEI.

Read 20 tweets

korpi

@korpi87

16 Aug

Being a liquidity provider for tokens that shoot up in price is a pain. You want to respect the pump but you can't because you are getting rekt by "impermanent" loss. Just look at this LP for $AXS-ETH. Rekt.

It doesn't have to be this way. Check out how! 🧵👇

1)
Have you been there?

You buy a token that you think will rally like $AXS or $MATIC. You have conviction and patience to hodl. To earn some "passive income" while waiting, you deposit this token to AMM. The pump finally comes and you realize you got rekt by impermanent loss...

2)
The above story describes the experience of many novice liquidity providers (LPs). The promise of easy "passive income" in the form of liquidity mining (LM) rewards or AMM trading fees encouraged LPs to match their token with ETH or a stablecoin and deposit them into an AMM.

Read 24 tweets

korpi

@korpi87

2 Aug

EIP-1559 is scheduled to go live this week and I still see a lot of wrong takes on its impact. Remember:

- It doesn't make $ETH deflationary by default.
- It doesn't reduce $ETH supply by 90%, referred as "triple halving".
- It's still very bullish for $ETH.

Why? 🧵👇

1)
EIP-1559 is one of the most important upgrades in Ethereum's history. Its purpose is to improve user experience on #ETH by changing how transaction fees are estimated and how the network reacts to surges in usage.

2)
It doesn't lower gas fees in the long run because it's not a scalability improvement. However, it may help users not overpay for transactions due to a better fee estimation process. It also smooths out gas prices between blocks thanks to variable block sizes.

Read 9 tweets

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