@markoinether
Building @Tapir_Protocol Contributing to @tokendynamics & @ssv_network my SSV operator IDs - 1131, 1132, 1133
Sam Kamani βοΈ Token2049 πΈπ¬ Singapore @samkamani1/6: Stablecoin depegs caused between $1.5B and $3.3B in losses from 2020 to 2025. That's not including anything from this year. I sat down with @markoinether from @tapirprotocol to talk about what that means and what to do about it. Here's what I learned. π§΅
Tapir Protocol @Tapir_ProtocolThank you @token2049 πβ¨Singapore delivered. Thanks to everyone who talked derisking with us this week.β¨More soon π
Jerome de Tychey π¦π @jdetycheyπWithdrawing EIP-8363 from consideration for HegotΓ‘. EIP-8363 rapidly became one of the most commented-on EIPs in the history of the Ethereum-Magicians forum, with 200+ comments in a few weeks. As we progressed through the HegotΓ CFI (Consideration For Inclusion) process, several parties in the industry as well as core protocol and client contributors voiced that a fork scoping exercise was not the right venue to settle an issuance policy change. We agree and we'd rather acknowledge this now than carry on towards HegotΓ in this context. The topic is too important and raised too many concerns that it deserves its own process. We commit to giving issuance its own process and we thank the entities such as @LidoFinance who offered to help steer such an initiative. We stand by the motivation of this EIP, in particular: βa very high staking ratio is undesirable for two distinct reasons (...), preserving Ethereumβs security, neutrality and resistance to capture, and protecting ETHβs role as money.β Not everybody immediately relates to both reasons and for others recognizing just one of these reasons is enough to justify a change. Nevertheless, we will all benefit from improving our understanding of the issue and what is at stake. The questions we have faced since we published EIP-8363 can be boiled down to 5 categories: β‘οΈSecurity: What does a lower ratio actually secure versus a higher ratio? β‘οΈIndustry impact: What else is built on the yield and what will be the impact ? β‘οΈCurve specs and alternate tools: Is this curve even the right instrument? β‘οΈComposition: Who is left staking (the effect on the composition of the validator set) ? β‘οΈDecentralization: How will solo stakers be impacted by the reduction? We already argued a lot, conceded some and adjusted a few points in the very long Ethereum-Magicians thread mentioned supra. For a broader consensus to emerge and a better issuance policy for Ethereum to be designed and adopted, we need a dedicated process. We call for all willing hands to help and contribute to this, please do reach out. Hereβs our start at what a multi-node process would look like (table attached). Onward and forward, letβs improve Ethereum.
Nate | eatsleepcrypto.eth @satorinakamotorequiring linkedin to attend your crypto side event is a great way to meet no one interesting
Tyinlife @tyinlife@satorinakamoto @punkdotfun What kind of projects should launch with you π
Kelp @KelpDAO
Tapir Protocol @Tapir_ProtocolTapirβs first market is live! π Weβre bringing a market for depeg risk to @Zircuit USDC on Base. Explore our first market β
Tapir Protocol @Tapir_ProtocolTapirβs first market is live! π Weβre bringing a market for depeg risk to @Zircuit USDC on Base. Explore our first market β
