👑 Co-Founder @ Hypersurface Cooking decentralized magic

I'm so excited to share today a big milestone for @hypersurfaceX. We announced today that we're acquiring Acre, a bitcoin vault company, in order to launch a new vault product powered by Hypersurface called HSBPI. This product will be the first ever managed yield strategy that trades volatility on-chain for Bitcoin, running on @HyperliquidX HyperEVM. We've always had a much bigger version for what on-chain options can be, and how we can fit into the ecosystem to truly grow volatility trading for DeFi. This launch is the first step for us into where I see the industry going as a whole, into managed products that feel similar to ETF-type instruments. With the bitcoin tech from @AcreBTC and vault management from @monarq_mgmt, our new vault is going to push on-chain managed products into a whole new category of yield. nitter.net/i/status/2069811486663… We've had a lot of conversations with people in the industry about volatility trading and the future of DeFi. Thank you to @GammaEvan, @dbarabander, @HeyChristopher, @bosc_benoit, @VelvetMilkman, @zmanian, and many more. And of course thank you to @La_Walla_ for joining us on our journey at Hypersurface. Onward and upward 🚀
🚨Big news: Hypersurface is acquiring @AcreBTC to launch HSBPI, the first on-chain Bitcoin Premium Income Vault. BTC holders will be able to deposit Bitcoin directly and access professionally managed volatility strategies fully on-chain and denominated in BTC. Welcome to the future of Bitcoin yield. coinmarketcap.com/community/…
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High alignment here with @hypersurfaceX 🌊
Building index-tracking assets on top of options instead of debt ethresear.ch/t/building-inde… What if the use options as the base of defi, instead of CDPs and liquidations? So instead of extreme price movements creating a sharp and global "you get liquidated" effect, instead your exposure to the index diverges quadratically from your preferred exposure in a smoother way? A key benefit is getting rid of the need for instant oracles, and instead making everything work on top of "slow oracles" (ie. the type that prediction markets use) This design has a significant downside - the need to do regular rebalancing - and an open question of whether and how this rebalancing can be made slippage-resistant enough. But it's worth considering and trying IMO. I would feel much safer holding algostables inside something like this, than in something that depends on an oracle that has to give real-time answers (and therefore could be tricked into giving wrong real-time answers with no time for human recourse).
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Hot girl summer is over, I'm ready for slop girl summer. @BoysClubWorld
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Monica Quaintance retweeted
Only two options tonight at the Columbia Faculty Club
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Monica Quaintance retweeted
This isn't an age verification bill. This is device level KYC. Every operating system would need proof of age which means gov ID + photo for every device connected to the internet. The lazy default implementation? Gov ID + selfie to Persona. The same KYC Discord and Anthropic just rolled out (yep, we're already moving to KYC for AI). This makes one giant honeypot for hackers and is a bow-wrapped gift to the corporate surveillance machine (and U.S gov surveillance who harvest data from them). There's no technical reason to build it this way. We already have zero-knowledge age verification that works at scale, @zkpassport lets you prove you're over 18 without revealing who you are. Data never leaves the device. The tech exists. But that's not the worst part. If every device is gated by gov ID, then revoking the ID revokes digital existence. Revoke passport = digital excommunication. Actually insane we have legislators considering this.
The full text for HR 8250, the proposed Federal law which would require all Operating Systems to implement Age Verification, has just been made publicly available. It is short, poorly written, clearly not at all thought out, and almost entirely devoid of specifics. Some key points: - The bill does not specify how age verification would work at all. It states that the Federal Trade Commission would have 180 days to specify the exact mechanism and requirements for Age Verification within the Operating Systems. - The Federal Trade Commission would also specify data storage protection requirements as well as requirements for how the Operating System must provide access to collected user data. - This bill would apply to ALL Operating Systems. Everything from Windows to Linux to embedded systems. Yes, even to a smart refrigerator. The “Operating System” definition is incredibly broad. - The law will be considered in effect 1 year from the date it is enacted. - Violations of the law will be handled under the Federal Trade Commission Act. - It is given the “Short Title” of “Parents Decide Act”. congress.gov/bill/119th-cong…
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Hypersurface Proof of Velocity - Week 2 2 week streak | 2 ships Win: We hit $35MM in total volume and launched our official referral and affiliate program... Building in public with @DeltaV_xyz
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Trying out the new @DeltaV_xyz interface!
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Monica Quaintance retweeted
THEY DID IT. The SEC and CFTC just dropped a landmark document that officially classifies crypto assets. They're actually telling us which crypto assets are securities and which ones aren't - by name! THIS IS SOMETHING GENSLER REFUSED TO DO (he focused on prosecuting crypto out of existence) This rule doc gives crypto many of the benefits of the clarity bill - it lifts us out of the gray market - it gives every asset a path. It's almost like the Clarity act just passed by way of regulator. (of course, the actual clarity act will harden all this into legislation and make it irreversible in the event we get another Gensler, we still want it) This rule says there's 5 categories for crypto assets: 1) Digital Commodities - assets tied to a functional, decentralized crypto system (e.g., BTC, ETH, SOL, XRP, ADA, DOGE). Not securities. (yes, they name them on page 14) 2) Digital Collectibles - NFTs, meme coins, artwork tokens, in-game items. Not securities (fractionalized collectibles may be an exception). 3) Digital Tools - membership tokens, credentials, domain names (e.g., ENS). Not securities. 4) Stablecoins - payment stablecoins under the GENIUS Act are not securities. Other stablecoins, it depends. 5) Digital Securities - tokenized versions of traditional securities. Like tokenized stocks. Always securities. Amazing! This makes so much sense I can't believe it's coming from a regulator. No more enforcement threats to Ethereum developers and crypto exchanges. How about the Howey test? More common sense! If an issuer makes specific promises of managerial efforts from which buyers expect profits, the offering is a security until those promises are fulfilled. Then it's a commodity. The asset itself was never the security, the deal around it was. (E.g. XRP was a security pre launch, became a commodity after). How about stuff like staking and mining? Mining? Not a securities transaction. Staking? Also not a securities transaction, that includes custodial and liquid staking even with LSTs! How about wrapping BTC? Not a securities transaction. Airdrops? NOT SECURITIES. NO MORE GEO BANS PROTECTING AMERICANS from free airdrops. Remember this is a joint doc from the SEC and CFTC, They're actually cooperating on this, no internal strife, this is binding to both. SEC regulates $80-100 trillion assets CFTC regulates $5-10 trillion assets Both of the world's largest capital markets are showing us that crypto assets are here to stay and they're welcome alongside traditional assets. Every country will follow. This is the biggest move toward legitimacy I've seen in all my time in crypto. Maybe bigger than the genius act since is covers all crypto assets. Well done @MichaelSelig and @SECPaulSAtkins. And especially well done to the indefatigable @HesterPeirce. Her fingerprints are all over this, couldn't have happened without her eight years of principles-based curiosity.
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Monica Quaintance retweeted
the best thing i've done since quitting work is take a 3-day options trading class it's blowing my mind, bc i DO understand it, i'm NOT a trading idiot & i CAN get better at anything w/ enough time CAN'T BELIEVE I DIDN'T DO THIS SOONER fuck i need to write a blog about this rn
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Monica Quaintance retweeted
What you create is an honest reflection of who you are.
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We want to connect with more of the BUIDLers in our community. Engage with this post if you need a follow 🙌
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I definitely want to pitch @HypersurfaceX ! We're live on @base and currently serving up hot fresh APRs on Base-native assets, including 105% on ZORA, 172% on AVNT, and 166% on USDC.
Founder Fridays is back on @buildonbase, with special guest @LunarAssets CEO, @CryptoRocky! This week is DeFi Themed, put on suits & grab a coffee as we chat with DeFi Teams on @base! Building a DeFi Startup on Base? QT to join & pitch @CryptoRocky! nitter.net/i/spaces/1DXxyWXYwAWGM…
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Monica Quaintance retweeted
friendship is too expensive in new york. i analyzed my spend in ny vs puerto rico for last 4 mo (ty @zocomputer) i spend $44 per day in PR vs $57 in NY (+30%) in ny, i spend 6x more on restaurants and 2x on ubers (despite vigilantly taking the mta) i sometimes feel like i have to spend a lot of $ with my friends to validate our friendship. most of the time when people wanna hang out, they wanna eat or drink. people's homes are too small, so we have to go out. so then 1 of us finds a place. this is the part that is always tricky, because you have to find a nice place. how's the lighting / ambience? how are the ratings? the restaurant becomes a reflection of you and you have to do this song / dance to show you have good taste. and then boom it's $100 pp at minimum. if you don't wanna do a restaurant then you do a cafe. but then you end up spending like $35 at a cafe for a pastry made with bleached flour and 50 g of sugar. i always pay my share and don't expect people to buy me meals. i also think it's very negative aura to whip out the calculator so i usually try to be generous and pay even more than what i owe in group settings. but i do think culturally it is sad that friendship is both a social and economic exchange in ny, which genuinely limits the types of people you get to meet (because you're in a bubble stratified by restaurant price points). i should be able to have good friends without feeling i have to spend so much money, and i know this is possible because i have friends in puerto rico. when i'm in puerto rico, there's a cap on how much you can actually spend. hiking and going to the beach are free. people's houses are bigger. it's easy to go over to someone's place and lounge on their couch. and even the priciest restaurants usually don't go over $100 pp. tl;dr next time i go to ny, we are going to central park, a free museum, or i am just going to invite myself to your home with something i cooked.
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Monica Quaintance retweeted
For Day 3 of @EFDevcon, Base Batches teams kept the booth buzzing with nonstop demos from morning to close
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