ArtGobblers is minting tomorrow, but its real intrinsic value is lost in translation:

ArtGobblers NFT is *not* just about acquiring as many @artgobblers NFT as possible.

It's about making great art more valuable... 🧵👇

1/x We all know each Gobbler issues Goo that can be used to mint more @artgobblers.

But more than that Goo can be used to create an art Page that your Gobbler can collect/consume

why is that important to *you*?

2/x

ArtGobblers is the most hyped NFT by far the past few weeks

Here was how I along with @OttoSuwenNFT and @ben_leimberger managed to win the @ArtGobblers competition against other top NFT bots during the 2-week-long test competition despite all the psyops and collusion 🧵👇

1/x a few months ago misaka was approached by @CapitalGrug and @paradigm for a competition to test @artgobblers mechanism

Here is basic of artGobbler in 2 lines:

Gobbler -> produce Goo -> Goo used to mint more Gobbler -> more mint -> more expensive
More Gobbler -> more Goo

2/x

$200m+ profit from MEV has been extracted since January

Here are 10+ GitHub MEV codes/repos that you may find useful 🧵⚡️

(might delete it soon 😉) Sandwich:
- github.com/mevcheb/optima…
- github.com/libevm/subway

@libevm @mevcheb

Note:
Arbitrage:
Here only includes atomic arbitrage and doesn't include stat arb, cross-chain arb, etc

Liquidation:
Here only includes liquidation on Solend. The other protocols have a much smaller liquidation volume, except Mango and Larix, which had a bug. Some liquidators also got rekt decent amount because they liquidated UST, sold UST in different transactions, and got rekt from Slippage, so the profit might be a little off.

$43m in total MEV on Solana 👇🧵

The collapse of LUNA / UST edition I calculate the total arbitrage in the past 7 days following UST/LUNA collapse.

Here are what I found:
- total arbitrage profit: $2,743,624.75
- total liquidation volume $40,514,596.20
- total liquidation profit $2,025,729.81

2 of the most used blockchains Solana and Ethereum became *unusable* for a while yesterday.

Both actually share 2 sides of the same problem:

The Race for BlockSpace 🧵👇 2) For Context:
🦧ETH became *unusable* because it costs too much gas (1.5 ETH) to do anything as APEs bid for high gas to mint Otherdeed land

◎ Solana on the other hand got spam >100Gbps so bad by NFT bots for block space that the network had to shut down and restart

NEAR Mega Thesis 🧵:

@NEARProtocol blockchains with:
- Solana TPS + speed
- AVAX EVM ecosystem
- Terra algo-stable

Everything you need to know before $USN launches tomorrow.

@ilblackdragon @mattdlockyer @Cameron_Dennis_
@nearbigbrain @j0hnwang @Nakameowdough

1/x NEAR Edges 🧀:
- $800m+ in ecosystem funds from basically all the VCs
- $USN
- Thriving NFT community
- Sharding
- Aurora - faster EVM chain than AVAX-C-chain
- Trustless Rainbow bridge

2/x

1/ Transaction Quality Trilema🧵
How it relates to MEV, gas fees, and decentralization.

Why do your Txs fail?
Why are fees so high?

@epolynya @sxysun1 2/ In an ideal world, the highest transaction quality means
- anyone can send a transaction (no censorship)
- no spam
- low fees

Obviously, this is not possible so you can only have 2 of the 3. Some compromises need to be made.

MEV on Solana Cookbook: Arbitrage 🧵👇
$20m profits from arbitrage in 90 days

Here is everything you need to know about MEV on Solana.

Would love thoughts from @bertcmiller, @samczsun,
@sxysun1, @wireless_anon, and @buffalu__

1/10 I wrote a custom script to ingest the data and calculate the total arbitrage in the past 3 months.
Here are what I found:

There were $20m of arbitrage profit made in the past 90 days. Here is the time vs. profit chart

2/10

1/ A Thought Experiment:
The Ship of Theseus of Blockchain and L2.

Blockchain has 3 comps: Execution, Consensus, and Data Availability (DA).

Replacing Exec:
At first, L2 starts out as replacing just the execution layer and rollup on the Eth consensus layer. 2/
Replacing DA:
There is also work being done like Celestia and Avail to replace DA but still relying on ETH as a consensus layer.

Replacing Consensus:
Finally, there is a solution like Arbitrum's Anytrust to replace ETH consensus with a committee and post block hash on ETH.

EVMOS Thesis 🧵👇:

Breakthrough in the Cosmos Ecosystem.

@fekunze @EvmosOrg $Evmos
misaka.substack.com/p/evmos-thesis

1/x This year, the Cosmos ecosystem has been on the breakthrough with the growth of Terra, Osmosis, etc., with a combined TVL of $30B+.

https://twitter.com/coingecko/status/1500197784628068352?s=20&t=AaLF88pYOQy4jjgBy5_Iiw

2/x

Golden Seconds 💰🪙:
There were $13m of profit made ($5,955,161 USDC, and 70,915 SOL) from arbitrage in 30 minutes between 18:30:32 - 19:00:32 ,

With most profit made in 30 seconds between 18:34:30 - 18:35:00 :
$2,316,194 USDC and 58,497 SOL totaling $7.3 million

3/x This happened due to the attacker dumping his stolen $51,000,000 worth of $ETH on the market causing a huge price imbalance between exchanges
solscan.io/tx/2SndtH3tU4j…

4/x

Celestia Thesis 🧵👇

A Major player in L1 and L2 wars

@CelestiaOrg is the first modular blockchain's data availability (DA) and consensus layer, allowing other chains to scale data availability and instead focus on execution.

@nickwh8te @epolynya

1/x Think of Celestia as decentralized AWS for blockchain's data availability (DA).

Celestia scales DA for other chains and allows all the L1s and L2s to rely on Celestia for data availability in a trustless manner resulting in more throughput.

https://twitter.com/ercwl/status/1486260092953673729?s=21

2/x

Future of MEV opportunities on Solana 🧵👇

would love @aeyakovenko and @buffalu__ thoughts on this to ensure accurate information.
#MEV #Solana
1/x Solana currently only has an internal mempool of pending TXs and not external/public.
This means MEV opportunities only exist in terms of
- running your own validator
- inspecting TXs that come your way
- running your own MEV code on top (not easy but feasible)
2/x