manud_p's profile picture. Lighter core contributor

Crypto Chao.🕯️

@manud_p

Lighter core contributor

你可能會喜歡
Crypto Chao.🕯️ 已轉發

Everyone affected will be compensated, not just liquidations.


Crypto Chao.🕯️ 已轉發

Why yesterday's crash is a positive for Lighter First, I want to support all the traders who were liquidated. This was truly a black swan. Major take profits on PerpDEXs after the crash: - Lighter went down - LLP decreased ~5% - Hyperliquid forcefully closed short positions -…

Eugene_Bulltime's tweet image. Why yesterday's crash is a positive for Lighter

First, I want to support all the traders who were liquidated. This was truly a black swan.

Major take profits on PerpDEXs after the crash:

- Lighter went down
- LLP decreased ~5%
- Hyperliquid forcefully closed short positions
-…

Crypto Chao.🕯️ 已轉發

Past returns are not a guarantee of future performance, this is true. But that includes both the returns from yesterday and all the other returns, to be fair. And LLP holders will be compensated as well.


Crypto Chao.🕯️ 已轉發

You are free to deposit elsewhere - and, unlike other "vaults", LLP has no lockup. But it is still up 220% YTD


Crypto Chao.🕯️ 已轉發

LLP being down 5% after being up 237% for the year is a better tradeoff for the ecosystem vs. lots of traders losing their entire account's worth.


Crypto Chao.🕯️ 已轉發

moments like these are great stress tests for growing exchanges the unacceptable outcome is bad market state - lost/dropped orders, bad debt both hl and lighter performed admirably in this aspect, with different designs but am very happy about the outcome on both laggy…


Crypto Chao.🕯️ 已轉發

Lighter is back up. We’re monitoring closely to ensure stability. A post-mortem on the outage will be shared soon. Also, stay tuned for a mass compensation event for every trader affected by today’s issues. x.com/Lighter_xyz/st…

Lighter is experiencing an outage in the last hour. The team is working all hands on deck to fix the issue, which is a technical issue due to extremely high TPS over the last 12 hours. We are close to a solution. Your funds are safe, there are no security or risk issues.



Crypto Chao.🕯️ 已轉發

The goal of a liquidity provider is to ... provide liquidity! Not to maximize its own profits at the expense of the traders.


Lighter is now 1.3% of TVL in DeFi

manud_p's tweet image. Lighter is now 1.3% of TVL in DeFi
manud_p's tweet image. Lighter is now 1.3% of TVL in DeFi

Crypto Chao.🕯️ 已轉發

Intern notes from the latest podcast by @vnovakovski hosted by @Mable_Jiang: > Vlad's Story: Finished Harvard early > Citadel HFT > Other HFT endeavors> Silicon Valley (2012), worked in a couple startups (Fintech, AI) > LunchClub AI > Lighter (2022) > The idea for Lighter came…


Crypto Chao.🕯️ 已轉發

Great to speak with my friend and fellow founder @Mable_Jiang for the live show, awesome questions! x.com/Mable_Jiang/st…


Audits of the Bridge, Smart Contracts, and ZKCircuits. Interesting to see how few people have looked into these. - docs.lighter.xyz/security/secur… @StayRoamer "Keep it secret. Keep it safe." - Gandalf zk

Together with the launch of public mainnet, three audits have been released by @lighter_xyz, covering the three main components of the protocol: > Sequencer > Prover > Smart Contracts Delved into them to provide a concise summary for each here, starting with the Bridge flow:

StayRoamer's tweet image. Together with the launch of public mainnet, three audits have been released by @lighter_xyz, covering the three main components of the protocol: 

> Sequencer
> Prover
> Smart Contracts

Delved into them to provide a concise summary for each here, starting with the Bridge flow:


Crypto Chao.🕯️ 已轉發

You can get 100% of your funds out of @Lighter_xyz in 18 days in the UNLIKELY WORST CASE SCENARIO. This is incredibly fast when you compare it to: - 14 YEARS to get 21% of your claim after the MtGox hack - 3 YEARS to get 2022-cash-value of your funds out of bankrupt FTX

Jrag0x's tweet image. You can get 100% of your funds out of @Lighter_xyz in 18 days in the UNLIKELY WORST CASE SCENARIO.

This is incredibly fast when you compare it to:

- 14 YEARS to get 21% of your claim after the MtGox hack 
- 3 YEARS to get 2022-cash-value of your funds out of bankrupt FTX

Crypto Chao.🕯️ 已轉發

composability will be a perp dex's greatest advantage over any cex hyperliquid built its own chain and bootstrapped liquidity from zero - they currently have ~$2b lighter doesn't need to bootstrap anything - it can plug into ethereum's existing TVL of ~$90b


Crypto Chao.🕯️ 已轉發

For those who aren't tired of winning yet, Lighter is running its first trading competition of Season 2, with some pretty big prizes x.com/Etherean007/st…


Crypto Chao.🕯️ 已轉發

glighter PnL & ROI competition is here 🕯️ >Anyone with a balance of 1,000 USDC or more is automatically entered. >Top 10 with highest ROI will be rewarded with points >Top 10 with highest PnL will be rewarded with points > Both main and sub account trades are counted >…

wandering_earl's tweet image. glighter

PnL & ROI competition is here 🕯️

>Anyone with a balance of 1,000 USDC or more is automatically entered. 
>Top 10 with highest ROI will be rewarded with points 
>Top 10 with highest PnL will be rewarded with points
> Both main and sub account trades are counted

>…

Crypto Chao.🕯️ 已轉發

Assuming you are asking in good faith and want clarification - the point here is that the hard part of the architecture is ensuring that everything the L2 does is verifiable and sits on top of Ethereum. Let’s say that we remove all of that code that we spent 18 months building…


Crypto Chao.🕯️ 已轉發

death to L1 premium the pendulum must swing back

Being an L1 is a bug, not a feature. An L1 is just an Ethereum L2 without any of the security and verifiability parts. Your conclusion may be correct but in the opposite direction.



Crypto Chao.🕯️ 已轉發

I am in this space to promote building transparent, self-custodial systems. Here's one. Learn from its design 👇

we just finished reviewing the project, so here's a short thread on @Lighter_xyz 🧵

donnoh_eth's tweet image. we just finished reviewing the project, so here's a short thread on @Lighter_xyz 🧵


Consider this an invitation sir - Bob is already trading (but you know the first rule)

I’ll trade on @Lighter_xyz if they contact me and personally invite me. Thanks.



United States 趨勢

你可能會喜歡

Loading...

Something went wrong.


Something went wrong.