VelvetMilkmanšŸ„› Profile picture
intern @FigmentCapital; grantooor @osmosisgrants
Jan 18, 2023 ā€¢ 6 tweets ā€¢ 4 min read
The combination of @LidoFinance, @ObolNetwork, @eigenlayer will turn #stETH from a Liquid Staking Derivative into an Ethereum Security Fund (ESF).

We will see the first crypto-native ETF be created by combining LSD + MEV + DVT + Shared Security... 1āƒ£
@LidoFinance offers liquid staking and begins to run @ObolNetwork DVT
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@ObolNetwork allows validators to maintain near-100% liveness by joining clusters of "active-active" groups without fear of double-signing or downtime
Sep 11, 2022 ā€¢ 11 tweets ā€¢ 3 min read
I just read the recent @sooper__ article on @berachain and its 3-token model econmy. I have some thoughts & questions about $BGT (Berachain Governance Token), the incentives holders receive, and its role in the Berachain ecosystem... šŸ‘‡ - How does someone stake a non-transferrable asset?
- Does simply holding the token in your wallet = staking?
- Why would one need to stake a token you can't transfer?
- Wouldn't a snapshot of users with the token in their wallet be sufficient?
Jul 6, 2022 ā€¢ 12 tweets ā€¢ 7 min read
I've been asked what the most interesting project in teh Cosmos is. It's a hard question to answer for one reason:

The Cosmos ecosystem is ahead of its time. šŸ§µšŸ‘‡

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The largest amount of innovation under one roof is taking place, right now, in the Cosmos ecosystem. IBC unlocked the first cross-chain messaging protocol that connected multiple sovereign chains in a fast, trust-minimized way, with almost no cost to users.

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