The endgame of Ethereum L1 is to settle L2 ZK-rollups, there is no other path

This has been established since 2018 with the roadmap of rollups and data-sharding
I've been writing seed checks to projects that will flex the power of L2

Example: on Ethereum mainnet, Chainlink's oracle misprice could be up to 0.5%

On Arbitrum, oracle update is triggered once price difference 0.05% exceeds so it is updated much more accurately
The capital efficiency improvement can translate into lower rates for user, and more money saved!

Many major apps are now deployed onto L2, the TVL will accelerate as performance deltas widens
Afterthought: I'm surprised VCs of Ethereum scaling solutions haven't thought through the implications before complaining about the fees

Or maybe they did, but are good poker players?


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More from @Tetranode

25 Nov
Current research

Trying to run models to see which disinflation model will do well after 100 years

My intuition tells me anything below 0.5% faces grave danger because of free-rider problem + paying the LP/Miners, so I marked it as the danger zone Image
Hard supply cap will run into security / payroll issues

I think perpetual inflation kept in check by a supply sink is the best solution

#ETHEREUM has perpetual inflation, but supply will likely have a steady-state equilibrium thanks to EIP-1559
On the bright side, protocols can evolve

I think with Curve, they will either vote to mint more $CRV a decade or two down the road or a tail emission

I think with BTC, they will be forced to evolve when they're in danger, who knows what it will become
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2 Nov
@Rocket_Pool $RPL
I have landed
RocketPool is the only TRULY decentralized $ETH 2.0 staking, the rest have elements of trust to them
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2 Nov

If you were a crypto expert, why would you submit yourself to such cuckery?
If not for the relatively low pay, are you ready to subject yourself to management by mid-IQ superiors?

Are you ready for stack rankings and reviews?
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31 Oct
November's gonna be a great month
Low T traders likes to take profit around previous ATH
I like to take entire protocols
Just the little differences
Forgot to label 0 (the ATH) that precedes the H&S Image
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26 Oct
The $CRV revenue share is negligible

$CRV is a work token, and one will lose if one doesn't have massive capital to keep up with $CRV's inflation tokenomics...

$CRV for by-itself incoom is the wrong play, unless you're going for CVXCRV...
$CRV locked up will ask you to lock up more $CRV to keep up with the race, otherwise you'll fall farther and farther behind

$CVX is a toll booth to every $CRV passing by, demanding a cut

Even without vote-locked bribes, $CVX WILL win in the long run
Read 4 tweets

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