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Chunda (re/acc) Profile
Chunda (re/acc)

@ChundaMcCain

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Founder @nucleusearn | @ionprotocol | @franklin_dao

Joined September 2016
Don't wanna be here? Send us removal request.
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@ChundaMcCain
Chunda (re/acc)
2 years
Blockchains are the birth of the infinite panopticon.
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@ChundaMcCain
Chunda (re/acc)
28 days
Excited to finally announce to the public what we've been working on behind the scenes with @nucleusearn ! The future of DeFi will be network-led and we are really excited to take the first step in bringing yield by default across the entire rollup and app-chain ecosystem! A big
@nucleusearn
Nucleus
28 days
The team from @ionprotocol is excited to announce a total fundraise of $7M, led by @gumicryptos and 90+ additional supporters The funding was completed to introduce Nucleus—the default yield provider for networks across the crypto ecosystem ⬇️
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@ChundaMcCain
Chunda (re/acc)
8 months
1/ I'm incredibly excited to share our vision for Ion Protocol💧 Since the beginning, we believed that staked and restaked assets would become the de-facto store of value in DeFi. Here's just a little bit about the journey it took to reach this point.
@ionprotocol
Ion Protocol
8 months
Today, we're unveiling our vision for Ion Protocol💧 We believe staking and restaking will be the cornerstone of DeFi activity in the future. We are building Ion to be the most performant platform in DeFi to earn with staked and restaked assets. Let's dive in.
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@ChundaMcCain
Chunda (re/acc)
1 year
I'm glad to finally share all the details behind what we've been working on @ionprotocol ! Re-staking has the foundations to be one of the most transformative financial primitives in DeFi. I'm so excited to be on the frontline of developing the products that will help define a
@ionprotocol
Ion Protocol
1 year
We're thrilled to announce our $2M pre-seed round, co-led by @PortalVentures and @SevenXVentures , joined by a stellar group of investors including @banklessvc , @MaelstromFund , @alekslarsen , @sassal0x , @RyanWatkins , and more in our journey to empower stakers and re-stakers.
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@ChundaMcCain
Chunda (re/acc)
1 year
And now the journey really begins! Here's a taste of what we've been hard at work on, with much more to come, including: - @eigenlayer LST Restaking Positions - Novel liquidation mechanism - More composability for $allETH positions Join us to help build the future of staking!
@ionprotocol
Ion Protocol
1 year
💧Announcing Ion Protocol’s Beta Testnet💧 We are excited to share the launch of the Ion Protocol testnet! With this release Ion we begins the journey to becoming the financialization layer for staked assets. Read on to find out more about what will be featured 👇🏼👇🏼👇🏼 1/11
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@ChundaMcCain
Chunda (re/acc)
6 months
The more I work on Ion the more bullish I am about intent-based infra. Entirely new market opps. can be built to trade diff forms of risk. Implementing an intent-inspired system on @ionprotocol for LST/LRT liquidity access, anyone looking for new flow lmk 😉
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@ChundaMcCain
Chunda (re/acc)
4 months
Excited to bring @ionprotocol to the open stage! The first announcement of many... Ion will change the face of the DeFi and (hint 😉) modular ecosystem. Stay tuned for more 🤝🏾
@ionprotocol
Ion Protocol
4 months
Ion Protocol recently reached $10M in total deposits! And today, Ion is open on mainnet! Read more below for Ion’s official referral program. Let’s scale together ⬇️
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@ChundaMcCain
Chunda (re/acc)
1 year
Huge shoutout to @curiouscatwang and @0xShack for their new positions! You both have been so instrumental in building @franklin_dao and it's been such a joy to have spent so much time with you both. @PortalVentures and @BigBrainVC are lucky to have you two on their teams!
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@ChundaMcCain
Chunda (re/acc)
10 months
It's been nothing short of an amazing experience working closely with @realDanielShorr and @nayr_oac over the past few months to bring this to market. We @ionprotocol truly believe that the future of DeFi won't require compromising on decentralization to enable analytical rigor,
@ModulusLabs
Modulus Labs
10 months
Teaser: @ionprotocol 's bleeding-edge ZKML risk engine coming soon!!! At a glance: - 300,000 Eth validator AI risk scores🤯 - One of the largest ZKML apps, ever💪 - ZK proven weekly in our next gen AI-prover🏎️ More soon — live on testnet, mainnet next:
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@ChundaMcCain
Chunda (re/acc)
4 months
Took the thoughts right out of my mind @0xngmi ! This is the exact thesis behind @ionprotocol , from using intents to facilitate AMM-agnostic leverage to valuing assets at the beacon chain level, the way we built Ion allows us to provide the highest capital efficiency for
@0xngmi
0xngmi
4 months
LSD/LRT<>ETH looped lending has seen insane growth, however lending protocols are built for the general case I propose a lending protocol optimized for redeemable assets, which achieves higher APYs with lower risks (bad debt is IMPOSSIBLE)
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@ChundaMcCain
Chunda (re/acc)
26 days
@veda_labs @nucleusearn Hey, I’m a bit puzzled by this tweet since we reached out to discuss using your open-source Boring Vault standard on June 3rd and got your blessing. Our teams have had an ongoing Telegram conversation, and you haven’t raised any issues until now. You have created a great
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@ChundaMcCain
Chunda (re/acc)
24 days
Cross-chain interop while minimizing the lack of MEV-attribution for networks is a game-changer to really get networks across the line in enabling cross-chain synchronicity. Excited by what the folks at @nodekitorg are building, @noah_pravecek and co are onto something big 🤝🏾
@nodekitorg
NodeKit
25 days
Today we unveil a brand new look for NodeKit and announce an important milestone. Javelin, the first Superbuilder, is now agnostic and compatible with any protocol. This paves the way for global composability and a wide variety of Javelin-powered products.
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@ChundaMcCain
Chunda (re/acc)
1 year
The era of building financial primitives on top of restaking has begun! Looking forward to chatting abt all things staking, restaking, trustless infra, and more. Join us tmr at 9 AM ET 🫡
@swellnetworkio
Swell
1 year
The Liquid Restaking Revolution has begun! ✊ Get ahead of the trend on Tuesday in a Swell Space with the top minds from @EigenLayer , @LidoFinance , @staderlabs_eth , @ionprotocol , and @blocmatesdotcom 🕐 13:00 UTC 🗓️ August 8th
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@ChundaMcCain
Chunda (re/acc)
1 year
We shippingggg, stay tuned... 👀
@ionprotocol
Ion Protocol
1 year
A New Frontier For Staking - A Thread 🧵 We’re back! Stay tuned as we’ll be releasing a 3-part series leading up to a special event soon... But first, let's dive deeper into the problems that we’re seeing in the ETH staking ecosystem and discuss some solutions. 1/15
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@ChundaMcCain
Chunda (re/acc)
2 months
OH (All across CT) - Economic security doesn't matter. Though it's not entirely true, it's reflecting a weakness of restaking, which is that security != success for networks. This is one of the largest unsaid truths about restaking. But it's just part of the problem.
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@ChundaMcCain
Chunda (re/acc)
11 months
$LINK? Bought. ETH? Aligned. Fellowship? Applied. See u sers in Istanbul 🫡
@eigenlayer
EigenLayer
11 months
📣 Announcing the EigenLayer Research Fellowship (ERF) The EigenLayer Research Team currently has bandwidth to work with 5 fellows deeply on a topic that they care about and interests us 🤝
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@ChundaMcCain
Chunda (re/acc)
1 month
@FranklinBi if you took the consideration to look at the voting data before tweeting this, you would notice universities were some of the most proactive parties to vote against this measure. You should be pointing at the largest stakeholder in the room @a16zcrypto who was
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@FranklinBi
Franklin Bi
1 month
I can’t believe a Compound governance attack happened. How can that be possible when their VCs made the supremely wise decision of delegating their voting power to university clubs, exposing those young adults to unbounded legal exposure forever and setting them up as regulatory
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@ChundaMcCain
Chunda (re/acc)
1 month
Calling it now, @earnonnucleus will make this true. Generalized rollups will cease to exist in < 5yrs. There will be only three categories of rollups: - Application-specific RUs - Ecosystem-specific RUs - Dead RUs The survivors will be those who realize this.
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@ChundaMcCain
Chunda (re/acc)
1 month
For how risk-on crypto is an industry, it's amazing to me how risk-off founders are. Reach out and take on the personal risk to achieve the multi-billion $ outcomes for yourself, anything less won't make real change.
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@ChundaMcCain
Chunda (re/acc)
5 months
Everyday ser, the growth of LRT collateralization across the DeFi ecosystem (esp with leverage) only compounds the systemic risks that can dramatically affect the entire ecosystem underlying LRTFi. Solution to market soon on this though 😉
@Charlie_Pyle
Charlie - Hourglass ⏳
5 months
LRT liquidity could cause a systemic security crunch ------ - weETH, the largest LRT, has over $3b in TVL and barely $1m in 2% depth (source: CoinGecko) - If @ethena_labs holds LRTs, they'd face a liquidity crunch when funding flips - Ethena's selling causes a coordinated
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@ChundaMcCain
Chunda (re/acc)
1 year
The future of restaking is getting even more exciting! Come out to Paris to join us at @ionprotocol and chat abt re-staking, MEV, and more. s/o @Derek__Rickert for the invite 💧
@blockswap_team
Blockswap
1 year
1/ 🇫🇷 🔊 ETHParis Speakers Announcement 🇫🇷 🔊 Our Multichain ERC20 event at @EthCC in Paris is full of speakers and panels from industry leaders. Here is the first wave of speakers (alphabetical order). CC: @Ethereum_France
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@ChundaMcCain
Chunda (re/acc)
5 months
Big congrats to @0xYarden and the rest of the @0xOthentic team! One of the most unexplored parts of the @eigenlayer eco is the builder and dev infra around shared security. Excited to see what y'all cook up 🧑‍🍳
@0xOthentic
Othentic
5 months
1/ We’re thrilled to announce our seed funding led by @FinalityCap and @BreyerCap as we work towards facilitating the creation of innovation on @eigenlayer and @babylon_chain ! 🏗️
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@ChundaMcCain
Chunda (re/acc)
1 year
Really excited to bring more people on the journey with us @ionprotocol ! If you're interested in anything restaking, Ethereum core protocol, or zk-based trustless infra-related feel free to dm. Looking forward to meeting you all!
@ionprotocol
Ion Protocol
1 year
We're expanding the team at Ion! 🌊 We're looking to add two talented folks to our engineering team: a Smart Contract Developer and a Backend Engineer - High Equity - Competitive Pay - Dedicated Team - Fun Problems (From zkML to Restaking) Learn more below! ↳
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@ChundaMcCain
Chunda (re/acc)
7 months
Segmentation of dollar-denominated basis risk while fulfilling the need for leverage is going to be imperative if the market demands a product like this to limit the downside risk of leverage. Thankfully there's a protocol that works out of the box to fulfill this ;)
@Galois_Capital
Galois Capital
7 months
I gaze into my crystal ball and I see two possible futures for the industry. In one future, LRTs are accepted as collateral in CeFi and DeFi and looping is eventually allowed.
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@ChundaMcCain
Chunda (re/acc)
1 year
Looking forward to speaking in Paris with all the folks @wehack247 on credible commitments and restaking! If you're in town and interested in the restaking ecosystem, ZK-powered trustless commitment systems, or eth core protocol architecture, def come through 🫡
@wehack247
Jessy's Hacker House ⚔️ EthCC 24’
1 year
Introducing Stake House & Ethereum Staker's panel at @ethcc ! Stake House Residency on 7/20-22 Apply 7/20 Panel w/ @ObolNetwork @alluvialfinance @blockswap_team @eigenlayer @ionprotocol @Figment_io @berachain @EtherFi Panel Signup
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@ChundaMcCain
Chunda (re/acc)
6 months
Been waiting on this announcement! One of the most underserved (but crucial) parts of the @eigenlayer ecosystem are platforms built to visualize AVS-native data. Excited to see this develop and folks beginning to architect their risk frameworks through these platforms!
@tokensightxyz
tokensight
6 months
1) Introducing Tokensight: restaking intelligence provider on cryptoeconomic risk to LRT protocols and AVSs. The advent of restaking brought a new paradigm of decentralized open innovation — and, with it, new and open questions on pooled and attributable cryptoeconomic security
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@ChundaMcCain
Chunda (re/acc)
5 months
Empowering intents + improving on TradFi-inspired systems in all the ways that matter, couldn't be more bullish @ThogardPvP and @0xPFL 🤝
@ThogardPvP
Thognad | Permissionless Arc
5 months
Big announcement time. Over the last year, many of you may have heard me use the term "Balance Abstraction." But what does it do? It lets my grandmother trade shitcoins on an L4 without having to worry about bridges, "solvers", or even what an L4 is. How? A thread (1/18)
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@ChundaMcCain
Chunda (re/acc)
7 months
I feel so fortunate to be able to say that customer/user convos are one of the highlights of being a founder. Esp in DeFi, the chance to talk with people who spend their time doing the things made me love this industry is always a great time.
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@ChundaMcCain
Chunda (re/acc)
1 year
Have been looking forward to this chapter releasing! The key to underwriting assets in a post-restaking world sits with the fundamentals of how rewards and penalties interact on the beacon chain.
@ionprotocol
Ion Protocol
1 year
We’ll continue our Series on Staking by tackling one of the key mechanisms of staking - Slashing. Let’s take a look at how it works and why it enables us to financialize validator collateral with a first principles approach. 1/25
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@ChundaMcCain
Chunda (re/acc)
2 years
The first step in a long journey, building @ionprotocol to make a 10x impact on LSTs and their usage. To any LST enthusiasts, reach out! Would love to chat and work together to build a better LST ecosystem.
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@ChundaMcCain
Chunda (re/acc)
1 year
Been meaning to chat about this for a bit! Come tune in with the folks @blockswap_team and I to talk abt how to enable market-driven re-staking alignment by combining DeFi w/ trust-minimized systems.
@blockswap_team
Blockswap
1 year
🎤 Multichain ERC20 Speaker - Chunda McCain 🇫🇷 🎤 @ChundaMcCain is the CEO and Co-Founder of @ionprotocol . We are excited to hear Chunda's thoughts around restaking and overloading Ethereum consensus. Get your free ticket 👉
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@ChundaMcCain
Chunda (re/acc)
1 year
Had a great time chatting with the folks @FlywheelDeFi ! Def one to watch to get caught up with what's going to be coming out on mainnet soon 😉
@FlywheelDeFi
FlywheelDeFi.eth
1 year
How Ion Protocol is Ethereum's Oracle 💧 This week we hosted @ChundaMcCain , founder of @ionprotocol a lending platform allowing users to borrow ETH against their LSTs and re-staking positions 💸 TLDR; There's a new oracle in town👇
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@ChundaMcCain
Chunda (re/acc)
4 days
Office naps are the real founder mode 🤝🏾
22 and 23-yo talk about founder mode🤔 @ChundaMcCain @junebug_0831 These guys have the best office nap setup (I work next door to them @ Brass Factory
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@ChundaMcCain
Chunda (re/acc)
1 year
The financialization of trust via restaking is an inevitability. It will be a dependence on trustless infrastructure that will lead to better economic outcomes for users.
@blockswap_team
Blockswap
1 year
How do we build a better restaking ecosystem for end-users? Explore this topic and more with @ChundaMcCain from @ionprotocol in the recording of his talk at our EthCC event a couple weeks ago. Full video 👇
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@ChundaMcCain
Chunda (re/acc)
1 month
In-office couch beds should be a must for all founders. Less so for overnight stays, but 100% for post team takeout dinner naps.
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@ChundaMcCain
Chunda (re/acc)
8 months
Love these scenarios being raised by folks in the Ethereum ecosystem, these concerns are the reason behind why building asset-native DeFi protocols is so important. Staked and restaked assets have a myriad of various characteristics that aren't inherent to every asset in the
@ryanberckmans
Ryan Berckmans ryanb.eth
8 months
A while ago, I raised the issue of the dangerous interaction between LST depeg and staking exit queue congestion. With the exit queue ballooning from the Celsius unstake this week (they aren't selling), I wanted to elaborate on how we might respond to this threat as a community,
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@ChundaMcCain
Chunda (re/acc)
1 year
Though the implicit need for security should be enough to incentivise LST decentralization, unfortunately it isn't. The monopoly that incumbent providers have to the DeFi ecosystem is creating a barrier to additional provider adoption.
@superphiz
superphiz.base.eth 🦇🔊🛡️
1 year
To all Ethereans: Take heed. The alarm bells are sounding.
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@ChundaMcCain
Chunda (re/acc)
2 years
The younguns @PennBlockchain stay building, we love to see it 🫡
@Glide_Pay
Glide Pay
2 years
On August 1st Glide Pay will be beginning our initial roll-out with a limited set of you. Using our product you will be able to spend your crypto on sites like Amazon and Walmart using your Metamask wallet. Please fill out this form to signup:
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@ChundaMcCain
Chunda (re/acc)
2 months
The other part of it is that pooled security as an economic model inherently makes this worse. Unfortunately one tweet won't do the complexity around this problem justice, more long-form content on this soon ;)
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@ChundaMcCain
Chunda (re/acc)
1 year
@mikeneuder @dankrad Curious your general view abt the idea of protocol-enshrining this as open-market LST issuers such as @Geode_Finance and to a certain extent what the folks at @fraxfinance are doing fulfills a very similar architecture, and allow users to determine the parameters. One
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@ChundaMcCain
Chunda (re/acc)
1 year
The end state of a successful DeFi ecosystem requires sovereign internet primitives and platforms to support their complexity, couldn't agree more 🫡
@evanbfish
Evan Fisher
1 year
Two DeFi themes I'm excited about: 1) On-chain structured products "desks" (ie @Blueprint_DeFi , @cega_fi , etc) You can't buy GP in a products desk at Fortress, but you can invest in on-chain mechanisms 2) Internet commodities (ie @ionprotocol , markets for storage, etc) Similar
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@ChundaMcCain
Chunda (re/acc)
1 month
The restaking ecosystem is really ironic sometimes. Though they're the most valuable piece, the most interchangable part of the eco are the platforms. This will lead the market to force them to innovate on what restaking means. That means security is just the beginning...
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@ChundaMcCain
Chunda (re/acc)
7 months
Been thinking a lot lately abt the implications of EIP-7514 on the greater LST/LRT market, especially if Electra doesn't include an increase to the max effective balance. I think we see a larger flight of capital to restaking, potential slow death of vanilla staking itself.
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@ChundaMcCain
Chunda (re/acc)
1 month
Rollups != Differentiated Infra Rollups = Differentiated Public Utilities Rollups & app-chains will be the nation-states of Ethereum. Differentiated infra doesn't matter anymore, RUs will have to answer only one question from builders: Why is my app better with you?
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@ChundaMcCain
Chunda (re/acc)
6 months
Very curious on the consensus around this question: Can solver networks sustainably be incentivised in perpetuity with token incentives?
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@ChundaMcCain
Chunda (re/acc)
1 year
@0xkydo I'm sure me and the folks within re/acc wouldn't mind giving it a once over 👀
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@ChundaMcCain
Chunda (re/acc)
2 years
The journey is starting, whether you're a buidler, delegate, VCooor, or j degen enthusiast, would love to have you with us!
@franklin_dao
FranklinDAO
2 years
Introducing FranklinDAO: an off-campus organization for Penn students passionate about contributing to the web3/crypto ecosystem❤️‍🔥 Our members demonstrate vast industry experience and skills derived from our educational program. Learn more about it below!🧵👇
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@ChundaMcCain
Chunda (re/acc)
1 year
👀
@ionprotocol
Ion Protocol
1 year
Intern's been asking wen testnet v2... Soon™
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@ChundaMcCain
Chunda (re/acc)
1 month
Interesting to see where the EL TVL equilibrium will be given the yields. With some napkin math ($15B TVL rn): $5B $EIGEN FDV = 1.3% APR $10B $EIGEN FDV = 2.7% APR $15B $EIGEN FDV = 4% APR I believe the hurdle rate for most restakers will be around 2x the staking rate (~6%
@knowerofmarkets
knower
1 month
Very short thoughts on AVSs and Eigenlayer's yield problem: Eigenlayer announces that 4% of EIGEN supply will go towards restakers, with this being used to offset a fundamental lack of yield, claiming it's to "enable initial price discovery even if initial AVS rewards are low."
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@ChundaMcCain
Chunda (re/acc)
1 year
One of many with folks in the community, looking forward to chatting with @daniel_swell_ tmr! 🫡
@ionprotocol
Ion Protocol
1 year
Don't forget! We are hosting our first collab AMA with @swellnetworkio tomorrow, May 12th at 1PM EST! Come join us for a thrilling conversation on LSDefi, Composability, and the involvement of LSTs in this budding ecosystem.
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@ChundaMcCain
Chunda (re/acc)
1 month
@DeFiDave22 RU tech is commoditized, it's down to the applications to crown winners 🫡
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@ChundaMcCain
Chunda (re/acc)
7 months
Curious if anyone out there is taking advantage of EIP-7044 to build more decentralized node operator setups for LSTs/LRTs. TEEs could be a useful piece of infra to enable trustless execution layer initiated withdrawals before EIP-7002 is added. @cubistdev @puffer_finance 👀
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@ChundaMcCain
Chunda (re/acc)
1 year
@0xkydo General thoughts abt approaching principal-agent problem with the restaker-operator relationship within purely economic restaking and the viability of undoxxed operators in the current design in the long-run would be fire ser 🫡
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@ChundaMcCain
Chunda (re/acc)
11 months
Much agreed! Wish there was more discussion around this. This would greatly reduce the need of providers to incentivise counterparty liquidity and create a more level playing field where the network effects of liquidity decrease, causing more decentralization between providers.
@OisinKyne
Oisín Kyne | Obol Network
11 months
Also while coming out of my Twitter hiatus. Rather than LST enshrinement, EIP7002 should allow you to jump to the top of the exit queue. The fee is exponential, so you won't be able to exit too many validators, but instant liquidity would mitigate the need for LSTs.
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@ChundaMcCain
Chunda (re/acc)
1 month
@Jai_Bhavnani I also think ironically it's a byproduct of most crypto protocols / companies founders not willing to take on a large amount of personal risk to think big. Ambition is uncomfortable, but necessary to innovate.
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@ChundaMcCain
Chunda (re/acc)
1 year
And that's been our goal from the start @ionprotocol , to build a more validator-native solution to make the best provider architecture create the most value for the end-user holding the LST. We can't wait to make this a reality.
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@ChundaMcCain
Chunda (re/acc)
1 year
@13yearoldvc Folks @blockswap_team look like they're getting on it 👀
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@ChundaMcCain
Chunda (re/acc)
9 months
@medhakothari This imo can provide context to linear metrics such as TVL or volume, though ofc you have to take into account any incentives that may encourage such behaviors
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@ChundaMcCain
Chunda (re/acc)
2 years
@LabsLumos @prasad_kaavya @pythonhulk @PareenL @dun3buggi3 @_lfausto @pmmuens @MotwaniSuhas @rajkaria_ @AnshulRustaggi @kogim @Ramesh1Ramadoss @gyanlakshmi @auroraByKunal Many people are incentivised to build decent products but v few are incentivised to build good companies, which are essential to the longevity of our industry
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@ChundaMcCain
Chunda (re/acc)
8 months
3/ There were many avenues we explored in the beginning. From rebalancing virtual AMMs incentivizing provider decentralization to ETH-denominated stablecoin issuance, the forks in the road were endless.
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@ChundaMcCain
Chunda (re/acc)
2 years
👀
@ionprotocol
Ion Protocol
2 years
I heard you were interested in liquid staking anon… 👀 #allETH
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@ChundaMcCain
Chunda (re/acc)
1 year
From @LidoFinance 's $stETH to @puffer_finance 's $pufETH to @eigenlayer restaking positions, it will require accepting them all into DeFi to make decentralization more economically feasible. Building a better lending platform for validator-backed assets will be the answer.
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@ChundaMcCain
Chunda (re/acc)
28 days
@AzFlin @Jmannn02 @nucleusearn @ionprotocol @GumiCryptos @PortalVentures @robotventures @SevenXVentures @MaelstromFund @BanklessVC @NGC_Ventures @FinalityCap @ColliderVC @ManifoldTrading @veda_labs You can think of it as "blast-as-a-service" for rollups and appchains with a few key differences: 1. We can employ diversified strategies outside of just staking 2. We create specific strategies that add yield on top of LSTs & LRTs (more than just aggregation) 3. We try and
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@ChundaMcCain
Chunda (re/acc)
6 months
@brandontory Not necessarily, node operators on EigenLayer and validators on ETH can be the same entity, but it's entirely dependent on the AVS architecture. More likely, most AVS NO systems are going to be run in specialized hardware instances separated from Ethereum validators.
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@ChundaMcCain
Chunda (re/acc)
8 months
@0xngmi @euler_mab Would it look like something close to @ionprotocol ? 👀
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@ChundaMcCain
Chunda (re/acc)
8 months
6/ I'm so excited to bring this next chapter of @ionprotocol to the public. Many thanks to all the amazing people who have supported us from the very beginning.💙 You'll hear more from us very soon.💧
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@ChundaMcCain
Chunda (re/acc)
7 months
A break from crypto things for once to share some internal musings on what it means to be human. Ever since I first read the novel, my mind never floats far from themes referenced in @liu_cixin 's Three Body Problem.
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@ChundaMcCain
Chunda (re/acc)
1 year
@Jai_Bhavnani @0xkydo Working on it ser Will be open-sourced too ;)
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@ChundaMcCain
Chunda (re/acc)
1 year
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@ChundaMcCain
Chunda (re/acc)
28 days
@0xDuckworth @AzFlin @alphaK3Y @nucleusearn @ionprotocol @GumiCryptos @PortalVentures @robotventures @SevenXVentures @MaelstromFund @BanklessVC @NGC_Ventures @FinalityCap @ColliderVC @ManifoldTrading @lastdotnet On top of that, you can create new ecosystem bootstrapping strategies on top of the revenue. Think chain native bribing systems, native yield ecosystem funds, and more
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@ChundaMcCain
Chunda (re/acc)
8 months
4/ But at the end of the day, we wanted to index on four core product principles: 1. Minimizing user risk 2. Maximizing capital efficiency 3. Providing a superior user experience 4. Supporting all staked & restaked assets Today I'm glad to say, Ion embodies this vision.
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@ChundaMcCain
Chunda (re/acc)
8 months
2/ When we first discovered @eigenlayer over a year ago, we saw a future for DeFi powered by the cryptoeconomic security of stakers and restakers alike. Though it wasn't clear how @ionprotocol would look at the time, we knew these were the users we wanted to build for.
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@ChundaMcCain
Chunda (re/acc)
8 months
5/ A DeFi platform built for the many forms of staked and restaked assets where users can borrow, lend, earn, hedge, and so much more. All of it optimized for the future of the sovereign Internet bond. And this is just the beginning.
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@ChundaMcCain
Chunda (re/acc)
2 years
verifying for @seedlabshq -- venture capital 3.0. sig: 0xbb18a757fdd3173341b1cde403066a5ea152654adcd8c4b0165da3d6329a6de66c0188e9df311f75e3a1464be8e938612f2e9d29361f8571531b07692ff98fb81b
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@ChundaMcCain
Chunda (re/acc)
9 months
@ChainLinkGod Bit guilty, this is the value prop for us @ionprotocol ! The fun really doesn't ever stop, but there are ways that we believe exist to identify and mitigate the endogenous infrastructure risk required to enable this leverage, would love to chat through it if interested ;)
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@ChundaMcCain
Chunda (re/acc)
1 month
@zeebradoom @FranklinBi @a16zcrypto I am 100% sympathetic to those concerns, I spent a lot of my time when I previously led @franklin_dao trying to build frameworks that minimized this risk and communicated with our stakeholders about it. My point was that if that was his true #1 concern, the framing of the
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@ChundaMcCain
Chunda (re/acc)
6 months
@brandontory Yes and no. That is a potential value proposition and possible, that's the idea behind cryptoeconomic coprocessors. But EL's value proposition also was primarily intended for other networks. i.e. I need to build a network for some service X so I inherit the security from
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@ChundaMcCain
Chunda (re/acc)
1 year
@cryptosmiff @ionprotocol Thanks ser!🙌🏾
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@ChundaMcCain
Chunda (re/acc)
9 months
@0xSisyphus We are @ionprotocol ! If interested, always down to chat through the thought process we have around scaling infrastructure based risk underwriting for LRTs and all other forms of staked assets as well ;)
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@ChundaMcCain
Chunda (re/acc)
2 years
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@ChundaMcCain
Chunda (re/acc)
2 years
@JetJadeja You know what school has the best blockchain community 👀
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@ChundaMcCain
Chunda (re/acc)
10 months
👀
@ionprotocol
Ion Protocol
10 months
Shoutout to the @ModulusLabs team and congratulations on their raise announcement 📣 We’re stoked to be working alongside such passionate individuals bringing ZKML to life! Working on what exactly tho??? Hang tight for more details soon™ 🤫
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@ChundaMcCain
Chunda (re/acc)
1 year
@junebug_0831 plz, need intern soon
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@ChundaMcCain
Chunda (re/acc)
2 years
Buidling community >>> all else Looking forward to an amazing year 🫡
@franklin_dao
FranklinDAO
2 years
A big thank you to everyone who came out to our event yesterday! Looking forward to everything this amazing group will accomplish this year. S/O to the team at @Edu_DAO for helping us make it all happen!
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@ChundaMcCain
Chunda (re/acc)
6 years
@_arwaabdel_ Thank you so much Arwa! Appreciate ya!🧡🧡😁
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@ChundaMcCain
Chunda (re/acc)
7 months
@DeFiDave22 Tyvm ser, u are much too kind 🫡
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@ChundaMcCain
Chunda (re/acc)
8 months
@devtooligan Would love to chat with them!
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@ChundaMcCain
Chunda (re/acc)
1 month
@FranklinBi @a16zcrypto Your original tweet did not depict students as the heroes in this story, and the depiction of students participating in governance for as menial outcomes as a pat on the back from a VC doesn't place them as the valiant bastion of governance either. Platitudes on caring for
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@ChundaMcCain
Chunda (re/acc)
28 days
@OnchainDanny Insane amounts of copium here
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@ChundaMcCain
Chunda (re/acc)
1 year
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@ChundaMcCain
Chunda (re/acc)
1 year
@eliasimos In fact, the cake being eaten and had at the same time, sometimes is indicative of better risk mitigation 👀
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@ChundaMcCain
Chunda (re/acc)
1 year
@0xSalex Agreed, with staking there's sm room to innovate when it comes to building fixed-term assets around the base layer staking rate, especially as it decreases over time. Have been thinking abt that a lot recently
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@ChundaMcCain
Chunda (re/acc)
7 months
One that says we are all but small variations of the same, an unfathomably large organism of one, unbeknownst to each one of us. As technology progresses I can't help but feel the latter will become true, if it isn't already...
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