1/ Just read @paradigm's blog on GOO: @artgobblers & its inflationary token Goo.

Some interesting game theory & neat #MATH tricks just fit together in the design.

Anyways, here's how you can earn the highest Goo emission rate. 🧵👇 2/ If you don't alr know what Goo is, just read this thread by @_Dave__White_.

https://twitter.com/_Dave__White_/status/1567177178093342720

1/

I’ve been interested in Zero-Knowledge Proofs (ZKP) for some time, but it’s quite complex and hard to understand.

So, just wanted to share how ZKP works specifically in @TornadoCash magical blackbox.

🧵👇 2/

Before diving in, let’s start with:

What’s ZKP?

[Wiki] Zero-Knowledge proof (ZKP) is a method for a “prover” to prove to another part (“verifier”) that a statement is true, without revealing any additional information apart from the fact that the statement is true.

1/ We @AlphaFinanceLab has just launched our new product #AlphaX on @avalancheavax network 💪.

x.alphafinance.io

With the new concept, here's a 🧵 on how #AlphaX actually works 👇 2/ Key components:

1️⃣ LONG & SHORT Strike Tokens
2️⃣ Mint & Redeem
3️⃣ Liquidation
4️⃣ Oracle price
5️⃣ Price peg
6️⃣ Arbitraging

1/ 📢 #AlphaX is now LIVE on @avalancheavax mainnet 🎉🎉🎉

✅ Take Long or Short positions on $AVAX or $WETH with leverage
✅ High capital efficiency
✅ Tradeable #StrikeTokens
✅ Earn high APY from liquidity mining 💰💰💰

x.alphafinance.io

https://twitter.com/AlphaFinanceLab/status/1468581193872404483

2/ 💡 #AlphaX introduces a new concept of #StrikeTokens.

📈 LONG Strike Tokens: $AVAX-X & $ETH-X
📉 SHORT Strike Tokens: $Y-AVAX & $Y-ETH

These tokens are ERC-20 compatible, and can be supplied & traded on @traderjoe_xyz.

1/ ☀️ Gm

📢 Introducing #AlphaBuyWall (ABW), a smart contract that allows anyone to bid for NFT, and provides a ⌊price floor⌋ for NFT.

https://twitter.com/AlphaFinanceLab/status/1432774137483726853

2/ Why sell on ABW?

As NFT holder, selling your favorite avatar is a PAIN with existing tools. You will have to set sell price and wait for buyers.

Worst case = you wait for weeks and keep being frontrunned by other sellers. 😢

On ABW you sell via smart contract at any time.

1/ 🐛 📝 🥞 🆚 2️⃣

🚨 Smart Contract Bug found in Pancake V2 🚨

🐛: Pancake new router is incompatible with Pancake LP implementation.

Users may get __revert__ txs upon __swaps__ due to the bug.

Vulnerability was reported to @PancakeSwap team asap.

Thread below 👇 2/ After @PancakeSwap V2 announcement, we have been working on supporting the new V2 pools.

✅ As with our security standard, we always perform smart contract review and testing, to ensure our users’ safety.

❗️ We have found and informed the @PancakeSwap team on the issue.

1/ 📖 Just read @Uniswap v3 whitepaper 🦄 and wanted to share some thoughts.

👀 There are some pretty neat tricks in the paper that we @AlphaFinanceLab also use. 👀

Thread below 👇 2/ Overall, 🦄 V3 is a huge upgrade from and much more complex than V2. V3 introduces:

👩‍💻 User Flexibility: Users can supply within a specified price range.
💻 Protocol Flexibility: Configurable swap fee & governance fee
💡 Features: Built-in TWAP & liquidity oracle

🚨 1/ The recent @warpfinance hack is the result of using vulnerable @UniswapProtocol 🦄 LP token prices.

The attacker was able to drain ~$7.8M worth of $DAI for smaller collateral.

#AlphaHomoraV2 uses a different LP pricing method that is safe against such attack vector. 👇 2/ The LP token pricing used is prone to the typical flash loan sandwich attack vector:

➡️ Flash loan and skew reserves
➡️ Fake LP price
➡️ Repay flash loan
➡️ Profit

So, how do we price an LP token in an unmanipulatable way?

Answer: **FAIR LP PRICING**

1/ Last week, there has been a number of flash loan-related scenarios (and potential scenarios): @harvest_finance, @MakerDAO, @iearnfinance.

So, here’s a short thread on flash loans. 👇 2/ Flash loan lets anyone borrow a very large amount of assets (as long as the amount + fee are paid back in the same transaction), which can be used to temporarily skew asset prices or balances.