A boutique quantitative research firm for the hardest problems in finance

POL Finance ๐Ÿ‡ retweeted
3.6b volumen. 1.1b รบnicamente en la รบltima semana. Se estรก descontrolando pamm.wtf cc @titanbuilderxyz @class_lambda @alignedlayer @polfinance_
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POL Finance ๐Ÿ‡ retweeted
Only up: the propAMM infrastracture we built with @gattacahq and @class_lambda keeps growing. We almost did 1.5 billion dollars in volume in @ethereum the last 3 months. Amazing work team. @alignedlayer and @polfinance_ have also been helping us. Thanks everyone, we will keep growing and making Ethereum better by giving users the best possible price in the market.
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1/ BIT-0011 proposes a big change to Bittensor: subnet ownership stops being permanent and becomes an ongoing contest you win by locking ALPHA to build "conviction." We read the spec and the on-chain data. Two findings. ๐Ÿงต
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8/ Open questions for the team: what lock_interval (ฮป) are you targeting, and which of the two goals do you give up? Can a validator lock delegated stake, or only its own? And where does the 18% go when no one clears ฮธ?
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9/ We want this to work; these are the two things we'd nail down before launch. BIT-0011 is an open draft and we read it as outside analysts, not as an audit. Full write-up + per-subnet attack-cost map: blog.pol.finance/posts/bit-0โ€ฆ
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1/ PropAMMs need fresh prices, which needs cheap updates and short blocks. Ethereum L1 has neither. So how did they just show up on Ethereum? One builder, Titan, found a practical workaround. ๐Ÿงต
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7/ Does it work? On stable pairs, yes: a $100k USDC/USDT trade quoted 0.40 bps vs Binance's 3.56. On large volatile trades it loses, and erratically, where Binance's deep book still wins. The edge is real but conditional
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8/ Full mechanism and the open questions in the post๐Ÿ‘‡. This is a live, fast-moving topic, treat the exact numbers as a snapshot blog.pol.finance/posts/what-โ€ฆ
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Bringing CEX-Grade Execution to Ethereum L1
With @titanbuilderxyz and @ergodicgroup companies (@class_lambda, @alignedlayer, @polfinance_) we are working on creating the best trading experience on Ethereum L1. Check the work we are doing. It will become very interesting very quickly.
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