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armaniferrante
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Convert dust is live on @Backpack. You can now convert those pesky left over token balances into dollars. A small brick is still a brick. 🧱🧱🧱
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Convert dust is live on @Backpack. You can now convert those pesky leftover token balances into dollars. A small brick is still a brick. 🧱🧱🧱
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I really wish there was an easy way to create and redeem USDT. Circle makes it really easy to manage USDC liquidity across networks, but Tether doesn’t really provide anything as far as I’m aware.
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Most DeFi debates would make more sense if we decomposed DeFi into two different categories: Autonomous Finance and Verifiable Finance.
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Maybe dumb, maybe awesome centralized exchange architecture: - l2 for the market with a centralized sequencer - on top of a fast l1 like solana (you MUST have fast block production otherwise you have serious risk issues for closing positions and dealing with liquidations as markets move) - keep centralized custodian (too many compliance benefits from being a qualified custodian to not do that and it’s no different than usdc anyway) - all assets traded on exchange are minted from the custodian as wrapped assets onto solana for deposits and withdrawals to/from the l2
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