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armaniferrante
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Rule number one of crypto: don't threaten people's bags.
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armaniferrante
@armaniferrante
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Feels like people are sleeping on @BNBCHAIN a bit. If CZ ends up dedicating all his time to it now that he's not running Binance, then it's going to grow into a monster.
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How do you unilaterally exit a perps position from an L2? Assume - Centralized sequencer - It's censoring you and only you - The perps market is orderbook based You can't unilaterally exit a position without getting filled, but you can't get filled without being sequenced.
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Closed source, centralized sequencer L2s are literally just centralized exchanges with a different custody setup. Even if FTX was an L2, it still would have stolen everyone's money. If the code's not public, you're completely at the mercy of the operator.
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The @Backpack deposit/withdrawal modal has got to be one of the most powerful crypto components ever built. - Transfer tokens on any chain. - Transfer tokens between your trading accounts, instantly. - Bridge tokens (USDC, USDT, BTC) cross chain. - On/off ramp directly to/from cards/bank accounts around the world. - Exchange stablecoins one to one at par value. - Directly connect your self custodial wallet (no manually entering addresses). - Borrow and withdraw assets against your entire portfolio as collateral. - Verify when and if you last sent to the address. - Access your address book and recent addresses by just clicking on the form. - Add memos to transfers. All in one modal!
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The @Backpack deposit/withdrawal modal has got to be one of the most powerful crypto components ever built. - Transfer tokens on any chain. - Transfer tokens between your trading accounts, instantly. - Bridge tokens (usdc, usdt, btc) cross chain. - On/off ramps directly to cards/bank accounts around the world. - Directly connect your self custodial wallet (no manually entering addresses). - Borrow and withdrawal assets you don't have against your entire portfolio as collateral. - Verify when and if you last sent to the address. - Access your address book and recent addresses by just clicking on the form. All in one modal.
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