0xngmi Profile picture
Sep 6 1 tweets 1 min read Read on X
total revenue distributed to tokenholders each month across all protocols has been increasing massively since 2024

dividend meta Image

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with 0xngmi

0xngmi Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @0xngmi

Aug 15
For the 2 biggest narratives this cycle, hyperliquid and pumpfun, defillama was the first platform to track them by a long shot

Now everyone tracks them, but what mattered was knowing the information when they were getting started, not when everyone else knows
We don't know what will make it big, we cant predict the future

but we have 25x-150x more protocols listed than our competitors, and we keep adding more way faster than anyone else

so odds are that the next big thing will appear first on defillama again
Another big structural advantage is that most of our competitors do paid listings

So they'll look for mature projects that want to do investor relations and have calls with them

Whereas if I see my friends using something, I'll just check the chain and list it

Hours not weeks
Read 5 tweets
Apr 30
We just launched the Full Version of LlamaFeed, a major upgrade to our free dashboard!

It includes:
- Expanded data
- Content filters
- New sections
- AI news recaps
- Revamped mobile

Available to Pro & Llama+ subscribers

All features 👇Image
AI-generated, personalised news recaps

Get a concise snapshot of the most important recent developments. Summaries refresh on demand every 10 minutes. If you’ve set filters in the News section, summaries reflect only your selected sources.Image
New Content Filters

You can now select which data to include in each section, like choosing specific RSS feeds for news, tokens for price tracking, or projects for governance, allowing you to tailor LlamaFeed to your specific interests.Image
Read 6 tweets
Jun 21, 2023
.@foundation's NFT contracts have an exploit that allows foundation's team to destroy almost all NFTs minted on their platform.

Here's a thread explaining the exploit👇
Foundation's collection contracts make use of a forwarder proxy pattern to save gas on deployments, which means that all collections call a single contract to use it's code

Normally this shouldn't be a problem, however in foundation's case this contract can be selfdestructed
This is because foundation's collections have a feature that allows the creator to destroy them in case they have 0 NFTs

This is meant for collections but it also applies to the implementation contract, meaning that it's creator can destroy it if it has no NFTs
Read 10 tweets
Mar 19, 2023
The DefiLlama team is forking Defillama

@Defillama is undergoing a hostile takeover

There is an ongoing attempt to launch a token that does not represent us. We don't want to be associated with it

Use llama.fi and @llamadotfi instead!
The person who controls both defillama’s twitter and domain has decided to launch a token despite everybody in the team not wanting it.
That is why we (the DefiLlama team who have built the site you all know and love for the past three years) have decided to fork Defillama and start fresh on llama.fi and @llamadotfi

DO NOT TRUST ANY COMMUNICATION OR TOKEN FROM @Defillama or Defillama .com
Read 6 tweets
Mar 17, 2023
I've built a smart contract that executes that bet and funded it with 1 WBTC

It's here etherscan.io/address/0xa4bf…

In case I win the bet all money will be spent funding defillama so we can continue building open source projects that benefit the crypto space
The contract uses chainlink price feeds, but if those fail due to society's collapse caused by hiperinflation, or if there's a bug in the code, both participants can pull their funds 10 days after the 90d deadline

Contract is immutable
@balajis to take the other side of the bet you have to:

1. call approve(0xa4bfb9ae4999a97c5f93bEE59E4D126C904989aD, 1000000000000) on USDC's contract (etherscan.io/address/0xA0b8…)
2. call betUsdc() on my escrow contract (etherscan.io/address/0xa4bf…)
Read 4 tweets
Feb 28, 2023
We've released LlamaZip, a UniswapV3 router specially optimized for Optimism, achieving huge gas reductions vs every other aggregator (in screenshot, 7.8x cheaper than 1inch).

To use it just swap on Optimism at swap.defillama.com

Thread on how we achieved it 👇
DEX aggregators deploy the same contracts across all chains, and these contracts are optimized against the gas costs of ethereum, bsc, avax, polygon... where storage is expensive and calldata cheap

But on Optimism, costs change: calldata is expensive but computation is cheap
So when aggregators deploy their Ethereum contracts on Optimism, these are optimized targeting Ethereum's gas, not Optimism's.

That's why we built LlamaZip, a router that compresses calldata as much as possible, optimizing it specifically for Optimism.
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(