@guygoren.bsky.social
Technology, politics and everything in between.
Checkout the whitepaper to learn more arxiv.org/abs/2506.19233 and feel free to ask anything
Shelby: Decentralized Storage Designed to Serve
Existing decentralized storage protocols fall short of the service required by real-world applications. Their throughput, latency, cost-effectiveness, and availability are insufficient for demanding w...
arxiv.org
June 25, 2025 at 10:16 AM
Checkout the whitepaper to learn more arxiv.org/abs/2506.19233 and feel free to ask anything
Most L1s design gas and fee markets as static games. But users and validators interact in repeated, multi-agent settings. Would be better to treat base layer markets as dynamic games with long-run incentive compatibility as a constraint.
April 10, 2025 at 1:00 PM
Most L1s design gas and fee markets as static games. But users and validators interact in repeated, multi-agent settings. Would be better to treat base layer markets as dynamic games with long-run incentive compatibility as a constraint.
In the end, the trader walked away with $1.8M in profits, while HLP took a heavy loss.
This is an fascinating case of a (self) liquidation arbitrage—manipulating liquidations to force market moves.
More 🐳 might attempt similar moves. Watch out. 👀 #Crypto #MEV #Hyperliquid
This is an fascinating case of a (self) liquidation arbitrage—manipulating liquidations to force market moves.
More 🐳 might attempt similar moves. Watch out. 👀 #Crypto #MEV #Hyperliquid
March 12, 2025 at 4:23 PM
In the end, the trader walked away with $1.8M in profits, while HLP took a heavy loss.
This is an fascinating case of a (self) liquidation arbitrage—manipulating liquidations to force market moves.
More 🐳 might attempt similar moves. Watch out. 👀 #Crypto #MEV #Hyperliquid
This is an fascinating case of a (self) liquidation arbitrage—manipulating liquidations to force market moves.
More 🐳 might attempt similar moves. Watch out. 👀 #Crypto #MEV #Hyperliquid
Knowing that HLP must sell ETH to exit the position, the trader shorted ETH (probably on a different exchange).
As HLP dumped ETH, the trader profited from the slippage & price drop caused by forced selling.
As HLP dumped ETH, the trader profited from the slippage & price drop caused by forced selling.
March 12, 2025 at 4:18 PM
Knowing that HLP must sell ETH to exit the position, the trader shorted ETH (probably on a different exchange).
As HLP dumped ETH, the trader profited from the slippage & price drop caused by forced selling.
As HLP dumped ETH, the trader profited from the slippage & price drop caused by forced selling.
1️⃣ Opened a massive long ETH position with high leverage.
2️⃣ Later withdrew margin, making liquidation inevitable.
3️⃣ Once liquidated, HLP’s vault had to take over the position.
Now, here’s where it gets interesting…
2️⃣ Later withdrew margin, making liquidation inevitable.
3️⃣ Once liquidated, HLP’s vault had to take over the position.
Now, here’s where it gets interesting…
March 12, 2025 at 4:16 PM
1️⃣ Opened a massive long ETH position with high leverage.
2️⃣ Later withdrew margin, making liquidation inevitable.
3️⃣ Once liquidated, HLP’s vault had to take over the position.
Now, here’s where it gets interesting…
2️⃣ Later withdrew margin, making liquidation inevitable.
3️⃣ Once liquidated, HLP’s vault had to take over the position.
Now, here’s where it gets interesting…
7/ TL;DR: Smells like political favoritism, not economic strategy. 🚨
March 6, 2025 at 4:09 PM
7/ TL;DR: Smells like political favoritism, not economic strategy. 🚨
6/ Crypto is about individual sovereignty, not government stockpiles. A national reserve should reduce systemic risk, not add to it.
March 6, 2025 at 4:08 PM
6/ Crypto is about individual sovereignty, not government stockpiles. A national reserve should reduce systemic risk, not add to it.
5/ This looks more like taxpayer money propping up donors' bags than sound policy. The U.S. doesn't need a portfolio of cryptocurrencies any more than it needs a to hold a portfolio of startups.
March 6, 2025 at 4:08 PM
5/ This looks more like taxpayer money propping up donors' bags than sound policy. The U.S. doesn't need a portfolio of cryptocurrencies any more than it needs a to hold a portfolio of startups.
4/ If any crypto belongs in a reserve, which is a big maybe, it’s Bitcoin. Similarly to gold, it has global recognition. But Ethereum? Solana? Cardano? That’s not strategy—that’s crony capitalism.
March 6, 2025 at 4:07 PM
4/ If any crypto belongs in a reserve, which is a big maybe, it’s Bitcoin. Similarly to gold, it has global recognition. But Ethereum? Solana? Cardano? That’s not strategy—that’s crony capitalism.
3/ The U.S. also holds foreign currency reserves to manage trade & stabilize the dollar. These have real economic use. But crypto? The U.S. doesn’t need ADA or ETH to settle international trade.
March 6, 2025 at 4:06 PM
3/ The U.S. also holds foreign currency reserves to manage trade & stabilize the dollar. These have real economic use. But crypto? The U.S. doesn’t need ADA or ETH to settle international trade.
2/ A strategic reserve exists to stabilize supply in times of crisis. The U.S. Strategic Petroleum Reserve (SPR) ensures energy security. But crypto isn’t an essential resource the govt needs to tap into during emergencies.
March 6, 2025 at 4:02 PM
2/ A strategic reserve exists to stabilize supply in times of crisis. The U.S. Strategic Petroleum Reserve (SPR) ensures energy security. But crypto isn’t an essential resource the govt needs to tap into during emergencies.
1/ I’m very pro-crypto. It’s the future of finance. But a government crypto reserve? That’s nonsense—except (very arguably) for Bitcoin.
March 6, 2025 at 4:01 PM
1/ I’m very pro-crypto. It’s the future of finance. But a government crypto reserve? That’s nonsense—except (very arguably) for Bitcoin.