🏈 The Athlete That Gave Up Millions To Build A Sports Media Empire πŸ’° – Been enjoying the Huddle Up newsletter and this was an awesome story (the YouTube at the end was cool).

βš–οΈ Proof Of Liquidity, Joel Moegro. I’ve been thinking about uses of Balancer Pool Tokens (BPT) and it was interesting to see this – When you add assets to a pool, you receive ERC-20 BPT tokens in that pool proportional to your contribution. In Joels example you use these tokens to stake. The staking service can ‘look through’ the BPT to see how much of the required token you’re staking. In the meantime the pooled tokens are providing liquidity and the stakers assets remain balanced to the original pool weights. Seems like a lot can be done with this kind of idea…

I’m an NHS doctor – and I’ve had enough of people clapping for me – Strange, confusing times and this captures a bit of how I feel.

6 JavaScript console methods like Taylor Swift folklore lyrics – Twilio have some decent dev articles and this one had some nice new info I hadn’t heard.

βš–οΈ “Honestly, there’s another way to look at it from the low cap perspective. If you hold onto the low cap, and it moons on very low volume/liquidity, then you likely won’t even be able to sell it at the top. There just won’t be enough liquidity. But if you provide liquidity in a pool, and your pool comprises most of the global liquidity for that low-cap token, then when it moons you can simply withdraw your liquidity and you’ll have way more ETH or USDC or whatever than you started with. It’s basically a unique way of selling a bunch of those tokens on the way up whereas you may not have even been able to do that if you were trading on someone else’s illiquid market.

⬆️ Balancer community member, @rabmurat posted that message on Discord and it provided some interesting confirmation for something I had been thinking –

  • Assume stable DAI price
  • πŸ“ˆπŸ’©β¬†οΈ Market shitcoin price goes up 10%
  • πŸ‘€ Arbitrageur sees opportunity
  • πŸ’²βž‘οΈβš– οΈβž‘οΈπŸ’© DAI in to pool shitcoin out
  • βš–οΈπŸ’©β¬‡οΈ Bal pool shitcoin price goes up to market price
  • Pool now has more token and less DAI
  • How to choose weights? High shit % means keep more shit but high % also means less of pair (DAI) required
  • Compared to HODL?
    • Impermanent loss does happen but remember HODL only works if you can actually sell at that price – is there liquidity/volume/slippage, etc?

Along similar lines this tweet was an interesting way to think about the BAL incentive mechanism – “…people can deposit their illiquid shitcoins and convert it to a new coin which might be better…”

How to create an Ethereum DeFi realtime dashboard – I didn’t realise Google scripting was so advanced.

πŸ‚ This was a good Tweet storm by Chris Burniske with some tips on how to handle the Bull market (if it comes…)

πŸ‚ Also some more good Bull market/general advice from Taylor Monahan.

Ballet is so cool 🩰 and this from Ballet Opera de Paris shows that working from home is easier for some!

An explainer video about the Opyn hack that shows some useful tooling. Opyn handled it pretty well I thought but also thought it kind of showed they don’t have much traction.

Memeconomics – thought this summed up the current situation pretty well but I guess time will tell.

Photo by Patrick Tomasso on Unsplash


Some interesting things I read lately that I don’t really know what to do with but might be interesting to look back on.

68 bits of advice from Kevin Kelly – some good ones in there and definitely worth a look every now and then.

Considering tonights Bojo bullshit press announcement it’ll be interesting to see how the post, Invisible Enemy, about Covid-19 ages. This in particular makes a lot of sense to me: “if the overwhelming majority of experts on the topic think we should do all we can to prevent the spread of Covid-19, it’s crazy not to listen to them.”

Daniel Radcliffes Desert Island Disc was interesting and enjoyable. He seems like a decent dude so positive vibes to him.

Semaphore, a privacy gadget built on Ethereum feels stuck to the back of my mind! I don’t fully get it but feel like there’s something there that’s going to be valuable/useful someday.

NFT Art – I like art, the idea of collecting art and crypto so NFT/Digital art seems like an obvious interest point. Tried a bid on SuperRare for this piece which I liked but I lost :(. I really like Trevor Jones stuff and it was cool to see his Bull go for > $10k!

I’ve had Justin Kans post about Feeling Good saved for ages now as it coincided with me stopping drinking and it gave me some inspiration. Been well over 1 year now so feel I can keep it here if required.

Eth2.0 Staking on test net is a hot topic in general at the moment and I’ve been tempted to get involved. Trying to decide best approach hardware wise at the moment and this post had some useful info. I’m feeling pulled towards setting up a PI 4 but have a few concerns that’s stopping me going for it so far.

Some interesting info on using Echidna on to find high Eth gas cost transactions.

The Beastie Boys Story – this should be worth a watch!

Photo by Road Trip with Raj on Unsplash