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@wrapped_dday
meta-talking
May 21, 2023 • 25 tweets • 10 min read
Ok, here's a drawing of how I see the Osmosis Reactor v2.2.

This could also be interpreted as the #Ziggy ERM (Exchange Rate Multiprocessor), as you can substitute out assets.

Please take note of the colored functions: they represent Key components of the Reactor. Image << Breakdown of Graph >>

The top half represents "endogenous" money cycles. This is generally true across all of the cryptomarkets right now, and is an abstraction of protocol efficiency as protocol design.

The major components are convex bonds, spinal support, and refraction. Image
May 21, 2023 • 15 tweets • 3 min read
If one structures the Terra Classic problem as one of fission (too much money fused together) then Rollups are the easiest solution.

The key is to identify where the protocol is dense and then start breaking it apart gently and with precision. On one hand you can classify a solution as “burn.” This is more or less excision, removing dead capital from the protocol.

On the other hand you can classify solutions as repurposing mass. This is defining a route for new capital to take (eg Rollups).
May 20, 2023 • 4 tweets • 1 min read
Genuinely think about this for a lot of cultures, particularly Japan because of their difficulty with farming

When I went to Dubai I remember exploring Old Town fish markets right next to city — it’s so vastly different

Culture makes up history In a lot of ways culture is also Lindy by nature, but I often think about my own, as well. Even simple things like cooking an ethnic dish and then teaching your kids how to do that matters. Connecting with your ancestors through these little things is important imo
May 20, 2023 • 48 tweets • 11 min read
Trying to think of some more things that Terra is missing from the algostable model

0.0000120000480001920007680030720122880491521966087864351457405829...
(period 498)

Prime factorization: 167^(-1)×499^(-1)

How many more ways to break this thing down? In form [zeroes, number];

[4,12],
[4,48],
[3,192],
[3,768],
[2,3],
[1,72],
[1,12288], => %(0,0,0,3,0,3,0,3) =>
64(a+b+c)^2 => 1/2 of a cube
[1,491521966], => %(0,1,2,4,5,6,7) from (2-9)[1,878643514574], => %(0,2,2,4,2,0,6,8) from (2-9)
[1,5829...]
May 19, 2023 • 5 tweets • 1 min read
Long term, a bitcoin derivative accrues value by virtue of having been immaculately conceived solely on-chain, delivering value from having its price forced to the floor, and recycling value greater than its floor back into its own ecosystem A classic example is SHIB, but it uses multiple abstractions of its own money to recycle back into the system

In the same way all roads lead to Bitcoin without requiring derivatives by virtue (vs required by function), all roads must lead back to the floor
May 19, 2023 • 18 tweets • 4 min read
There's a reason 1.2% burn tax existed prior

It doesn't make any sense to leverage it at 100%, but it does make sense to use it for data reasons

schizo thread inc Image Keep in mind Terra is inherently a Cosmos chain, and it uses six significant digits - this is different than Bitcoin (8 sig-digits) and Ethereum (16 sig-digits). ERC-20 tokens like USDC use 4 sig-digits but are still on Ethereum and so act as a simple multiple of (1/8)^n
May 18, 2023 • 20 tweets • 13 min read
Urza was a great and brilliant artificer and a powerful wizard, having a stereotypical wizardly look as a bearded old man with unkempt hair and a robe-and-staff ensemble. Image He devoted centuries of his life to fighting Phyrexia, sometimes employing questionable methods, but at the crux of his victory his obsessive nature won out over his thirst for vengeance. ImageImageImageImage
May 18, 2023 • 11 tweets • 4 min read
When transplanting, there are a few things to keep in mind:
- minding the effects containers have on the plants
- use of transplant fertilizer and otherwise preparing the transplant area Plants that are grown in containers will grow to the size of their container. The tender must regularly fertilize the container to ensure it has enough nutrients, usually once a month.

If this is not done, the plant's roots will seek out nutrients in its limited container.
May 18, 2023 • 5 tweets • 1 min read
1 Thing 2 Do
May 18, 2023 • 4 tweets • 1 min read
1 is the loneliest number 2 can be as bad as one
May 18, 2023 • 12 tweets • 3 min read
Brain is irradiated from the coal mines, but here's a brief thread on each because brainpower is severely lacking in energy at this point. Moonflower

The core concept of Moonflower is to use specified liquidity pools for stable remittance routers in the form of a protocol buffer and/or directly on-chain.

A protocol buffer is straightforward. The money is abstracted on a payments system, then remitted from A to B.
Mar 31, 2023 • 24 tweets • 10 min read
For those interested in #Ziggy whitepapers, please see the quote tweet below.

I will go down both and explain each in as much simplified detail as possible. I can produce a litepaper based on reoccurring questions.

This thread will be for 2: Ziggy - A Terra Chain for Creatives. Before us is an incredible opportunity to solve one of the most important problems for creatives - intellectual property.

While $USTC does need to improve on refining the White Whale algorithm, we also need to inspire Captain Ahabs to come to the foray and set sail. Image
Mar 31, 2023 • 20 tweets • 8 min read
For those interested in #Ziggy whitepapers, please see the quote tweet below.

I will go down both and explain each in as much simplified detail as possible. I can produce a litepaper based on reoccurring questions.

This thread will be for 1: Market Module - Demurrage. 1: Upgrading the Market Module - Demurrage

I have been requested by the L1 team to provide a paper on the Market module. This allows for swaps between $USTC and $LUNC.

Keep in mind that these are two separate pools, and they are labeled "Terra" and "Luna" respectively. Image
Mar 14, 2023 • 13 tweets • 3 min read
Fixed convertibility: you can only swap available Luna for available Terra and vice versa.

For example, if I want to convert $100 Luna into $100 of Terra, then that is my limit. There is a market swap queue afterwards.

(Tentative, and a thread.) This caps how much convertibility there is between Terra <> Luna. If the total market cap. of Terra + Luna = $1b, that means only $1b of either coin can be issued at once.

Minting new Luna is an expansive action. There's no need to do this, like, ever.
Feb 17, 2023 • 25 tweets • 8 min read
Taking some time today to go down this document, and will pull out key points and thoughts on it overall. Preface: I would argue that a lot of our current legal setup is outdated, given that both the Securities Act of 1933 and Emergency Banking Act of 1933 has lent to the situations we face today regarding commercial and investment finance, particularly inaccessibility to retail.