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getty.gfxlabs.eth

@getty_hill

3,663
Followers
1,277
Following
115
Media
2,717
Statuses

@okutrade @labsgfx @interestDeFi - DeFi is the future - Pilot

Chicago, IL
Joined December 2013
Don't wanna be here? Send us removal request.
@getty_hill
getty.gfxlabs.eth
11 months
Is it really too much to ask of M*t*m*sk to add chain logos?
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@getty_hill
getty.gfxlabs.eth
3 years
$10k $ETH price target isn't high enough. That being said I don't have a price target bc I'm not selling.
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@getty_hill
getty.gfxlabs.eth
3 years
If you're wondering why @AaveAave USDC & USDT rates skyrocketed, it is bc someone withdrew ~1.2B USDC and 191M USDT. They also withdrew 490k ETH & 45M TUSD.
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@getty_hill
getty.gfxlabs.eth
2 years
. @MakerDao is just built differently: 134 people working with a budget of 54m dai a year Shout out to the Strategic Finance Unit for putting this data together.
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@getty_hill
getty.gfxlabs.eth
1 year
I am once again asking for a VC to fund an etherscan clone so we aren't all skewed if etherscan gets hit by a bus
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@getty_hill
getty.gfxlabs.eth
1 year
The Big Four Ethereum, Polygon, Optimism, Arbitrum.
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@getty_hill
getty.gfxlabs.eth
3 years
Hear me out...Shark Tank but you're pitching solidity devs to come to your project
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@getty_hill
getty.gfxlabs.eth
3 years
gm Pls stop tweeting about dydx airdrop…the gov protected me so hard it hurts
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@getty_hill
getty.gfxlabs.eth
3 years
some $ENS @ensdomains research: TLDR: 100m total supply, 25m merkle airdrop, 50m for governance (5m liquid/45m locked), and 25m for the team. The airdrop period will end on May 4th, 2022. Unclear when it will begin.
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@getty_hill
getty.gfxlabs.eth
2 years
a multisig isnt a dao
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@getty_hill
getty.gfxlabs.eth
3 years
that fact anyone can monitor risk in real-time is what makes defi so amazing
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@getty_hill
getty.gfxlabs.eth
4 years
OMG @MakerDAO supports @UniswapProtocol 's DAI/ETH pool as collateral! Details: 1% SF - 125% LR - 3M DAI. I cannot contain my excitement. This is huge and just the beginning.
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@getty_hill
getty.gfxlabs.eth
3 years
. @rleshner says G-way for gwei...just when I thought we would recover...
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@getty_hill
getty.gfxlabs.eth
1 year
~10 months of work going public tomorrow. 9am ct
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@getty_hill
getty.gfxlabs.eth
3 years
Rari Makerdao Aave Compound
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@getty_hill
getty.gfxlabs.eth
2 years
It's wild how many "top-tier" projects have 4/7 multi-sig, a "governance" token, and use Snapshot for polling. They want the token, and they want to control the protocol. You can't have it both ways.
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@getty_hill
getty.gfxlabs.eth
3 years
CP: 47 has passed! After six months of work, it feels amazing to see this pass. This is a huge win for Compound and DeFi. Community members have the power to fundamentally change a protocol!
@compoundfinance
Compound Labs
3 years
Proposal 047 by @getty_hill switches the protocol price feed to an updated Uniswap-anchored view: - Replaces Coinbase Pro with Chainlink - Reduces anchor from 20% to 15% - Community multi-sig given fail-safe Discussion: Proposal:
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@getty_hill
getty.gfxlabs.eth
1 year
maybe I should put together a list of the top "DAOs" without timelocks that use msigs as governance and have upgradable contracts?
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@getty_hill
getty.gfxlabs.eth
3 years
GFX Labs raised a $2.5m seed round and we are hiring! ▪️ Frontend engineer ▪️ Designer ▪️ and more on the blog post.
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@getty_hill
getty.gfxlabs.eth
5 years
Just watched the @0xProject "What is 0x?" - Wow! Really well done
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@getty_hill
getty.gfxlabs.eth
2 years
@CatfishFishy @ImperiumPaper @MonetSupply @MakerDAO It would be a great idea to get MakerDao to switch over to Chainlink with an anchor, as we did with Compound.
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@getty_hill
getty.gfxlabs.eth
3 years
$SUSHI, $YFI, $MKR, and $AAVE are listed on @compoundfinance 🥳 collateral factors coming soon
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@getty_hill
getty.gfxlabs.eth
10 days
@milkboylando Gave me flashbacks to Monza
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@getty_hill
getty.gfxlabs.eth
3 years
1. Make a dao 2. buy a bunch of land. 3. List the land as collateral on makerdao 4. borrow against it 5. Repeat
@mikedemarais
mikedemarais.eth (on fartcaster)
3 years
imo instead of constitution and seaworld, we should use DAO structures to buy seriously large amount of land and turn it into national park-style conservatory ala Conservación Patagónica
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@getty_hill
getty.gfxlabs.eth
2 years
It's pretty wild how much market share Uniswap and Compound lost just by not deploying on more chains. Practically every chain has at least one clone of each, if not more.
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@getty_hill
getty.gfxlabs.eth
3 years
7 siblings is a pro and topped off all positions. Everyone can chill out. @MakerDAO
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@getty_hill
getty.gfxlabs.eth
2 years
uni v2 LPs getting mad at uni v3 LPs for killing their yields are like the pit traders getting mad at the high-frequency traders for taking their edge
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@getty_hill
getty.gfxlabs.eth
2 years
Extremely excited to announce Interest Protocol! The team at @labsGFX has been working on building the best borrow/lend protocol in DeFi.
@InterestDeFi
Interest Protocol
2 years
gm
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@getty_hill
getty.gfxlabs.eth
3 years
Compound Proposal 64 was executed late last night, ending the COMP bug after ~10 days. 361k COMP was wrongly distributed. 163K COMP were recovered. The affected markets still require additional attention before the protocol resumes normal activity. CP 65 will be the last fix
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@getty_hill
getty.gfxlabs.eth
3 years
UNI 9 has passed with 0 opposition and has been queued in the timelock cc @Uniswap @voteWithTally
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@getty_hill
getty.gfxlabs.eth
10 months
I am heading to Barcelona next week for @chainlink 's #SmartCon . Catch me Tuesday afternoon to hear about how @okutrade uses Chainlink Automation to provide limit order functionality to any Uniswap v3 pool!
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@getty_hill
getty.gfxlabs.eth
3 years
Compound community call starting now!
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@getty_hill
getty.gfxlabs.eth
3 years
Voting is live for @compoundfinance proposals 53 & 54 which add $MKR, $AAVE, $SUSHI, and $YFI. Thank you, @polychaincap and @MonetSupply , for your support. Shoutout to @yesimeddy for helping with the dev work.
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@getty_hill
getty.gfxlabs.eth
2 years
Hell of a time to be launching, but the show goes on!
@InterestDeFi
Interest Protocol
2 years
Interest Protocol is live! Users can go to to deposit USDC and mint USDi, or borrow USDi against wETH, UNI, or wBTC.
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@getty_hill
getty.gfxlabs.eth
3 years
I love Etherscan but I’m also disappointed there isn’t a strong competitor to them. I have 3-5 backup eth explorers for when Etherscan does go down but none of them are as good. Idk what is holding the competition back but I would happily donate/pay to use a premium explorer.
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@getty_hill
getty.gfxlabs.eth
5 months
Makerdao rates are on the move. Please be aware. New DSR will be 15%
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@getty_hill
getty.gfxlabs.eth
2 months
If you're a liquid token fund or VC holding a lot of @arbitrum , you need to speak up before $250M of ARB enters circulation.
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@getty_hill
getty.gfxlabs.eth
3 years
The proposer of the @Uniswap @flipsidecrypto proposal dropped below the required 2.5m votes. In light of errors with Tally's fronted I have canceled the proposal.
@getty_hill
getty.gfxlabs.eth
3 years
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@getty_hill
getty.gfxlabs.eth
2 months
Arbitrum's $250M gaming proposal will likely be the worst proposal ever approved by a DAO. If you're a large ARB holder, there is still time to voice your opinion on the forums.
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@getty_hill
getty.gfxlabs.eth
1 year
People who think defi ux is bad haven't used vanguard
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@getty_hill
getty.gfxlabs.eth
2 years
The Nomad exploit is similar to the Compound exploit that happened last fall where a large number of people could exploit the protocol for funds. Compound managed to recover about 40% so I’m hopeful Nomad gets about the same or better. 🤞
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@getty_hill
getty.gfxlabs.eth
3 years
Uniswap proposal 9: @Uniswap should add a 1bp fee tier with 1 tick spacing. This change is straightforward from a technical perspective and would help Uniswap compete in stablecoin <> stablecoin pairs
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@getty_hill
getty.gfxlabs.eth
3 years
fuck
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@getty_hill
getty.gfxlabs.eth
3 years
@Tetranode @compoundfinance It is part of the standard asset listing process. Assets are added with a zero collateral factor and then updated to non-zero after sometime.
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@getty_hill
getty.gfxlabs.eth
3 years
Can we make bill to upgrade the senate to Governor Bravo?
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@getty_hill
getty.gfxlabs.eth
2 years
Projects shouldn't be calling themselves DAOs if the protocol is controlled by a multi-sig. Just like how we don't want Celsius and Nexo calling themselves DeFi. Folks need to do a better job of self-regulating, and investors need to do a better job holding projects accountable.
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@getty_hill
getty.gfxlabs.eth
1 year
Real talk who is using smart contract wallets? Is there any meaningful population?
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@getty_hill
getty.gfxlabs.eth
18 days
The infra/protocol-focused era of crypto is coming to a close, and we're entering our first app era. All the VC funding that has gone into infra has made it 10x easier and more economical for a team to build an app today than it was three years ago.
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@getty_hill
getty.gfxlabs.eth
2 years
If it takes more than two clicks on a protocol's docs to find a list of their deployed contracts, then the docs are bad.
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@getty_hill
getty.gfxlabs.eth
3 years
The first @compoundfinance community call will be Wednesday the 3rd at 6 PM PST on Clubhouse in the DeFi room. More info to follow.
@CalBlockchain
Blockchain at Berkeley
3 years
That being said, any chance for arranging frequent governance calls on Clubhouse or Zoom (especially for the week ahead)? Thoughts 🤔 @compoundfinance @rleshner @gauntletnetwork @jmo_mx @getty_hill
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@getty_hill
getty.gfxlabs.eth
2 years
After the announcement of @InterestDeFi , I think many knew my time at Compound was over. I just wanted to take a minute to thank @compoundfinance , the community, and Labs for everything they did for me and represented to DeFi. It has been fun...gn
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@getty_hill
getty.gfxlabs.eth
2 months
Over the last few months, multiple protocols have asked me, "How can I attract large LPs." My advice: make due diligence easy 1. List all the deployed contracts on a single doc page, with hyperlinks to each contract verified on a block explorer so that a user can see the full
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@getty_hill
getty.gfxlabs.eth
1 year
The @MultichainOrg hacker's USDC holdings have been frozen by Circle. Three addresses totaling $63m USDC. I think this is the largest asset freeze by Circle to date.
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@getty_hill
getty.gfxlabs.eth
3 years
I spend a lot of my non-existent free time improving existing protocols because I find it fun. When we started GFX back in August, we really wanted to spend more time on governance, but we didn't have the bandwidth. Today we're 13 strong, hiring, and ready to dive in headfirst!
@labsGFX
GFX Labs
3 years
GFX Labs is offering its services to improve @compoundfinance and build a concerted effort for the community. We have in-depth experience in Compound, the competing money markets, DeFi, and crypto markets as a whole.
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@getty_hill
getty.gfxlabs.eth
3 years
Spent the last 30 minutes troubleshooting ledger/chrome to broadcast my NO vote on the Uniswap Flipside proposal only to accidentally vote yes. A truly unfortunate mistake. From now on I am triple-checking my work.
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@getty_hill
getty.gfxlabs.eth
1 year
@hanni_abu If only the VCs could take a break from funding new chains and invest in these awesome folks
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@getty_hill
getty.gfxlabs.eth
4 months
Apparently, I'm cracked for using the same multisig across multiple EVM chains because I care about the address being the same. Surely, there are others doing this?
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@getty_hill
getty.gfxlabs.eth
3 years
everyone wants to join a dao but no one wants to make the governance proposal
@HelloShreyas
Shreyas Hariharan
3 years
everybody wanna be on a multisig, nobody wanna approve a transaction
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@getty_hill
getty.gfxlabs.eth
3 years
Very bullish teenage developers
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@getty_hill
getty.gfxlabs.eth
1 year
the future of defi is not on mainnet
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@getty_hill
getty.gfxlabs.eth
4 years
Crossed another off the bucket list. I got my pilots license!
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@getty_hill
getty.gfxlabs.eth
2 years
I find it really rich that everyone is pointing to DeFi as the solution to the recent Celsius and BlockFi events when not but a month ago, UST collapsed, and many of the industry's prominent figures participated in it.
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@getty_hill
getty.gfxlabs.eth
3 years
DeFi UI/UX is great relative to tradefi
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@getty_hill
getty.gfxlabs.eth
2 months
Protocol governance doesn't work when delegates don't have skin in the game. How much longer will it take for holders to understand this?
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@getty_hill
getty.gfxlabs.eth
1 year
Did some IRL governance today!
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@getty_hill
getty.gfxlabs.eth
6 months
The best money a new EVM can spend to make devs happy is @TenderlyApp support.
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@getty_hill
getty.gfxlabs.eth
3 years
DeFi moves fast, and not enough thought is given to the actions of protocols/governance. What has occurred over the last ~4y has set precedents for how we operate today, and with the long road ahead of us, we need to be cognisant of our present actions bc they set new precedents.
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@getty_hill
getty.gfxlabs.eth
3 years
"Uniswap protocol got almost 80% market share of all the DEXes volume on mainnet...it would be fair to assume that this 15% jump is accomplished by an introduction of the lower fee tier, that has captured huge volumes for stable pairs, and who said governance was broken ;)" W
@uniswapletters
UNI Letters
3 years
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@getty_hill
getty.gfxlabs.eth
3 years
1 basis point fee tier activated LFG @Uniswap
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@getty_hill
getty.gfxlabs.eth
10 months
If you're a dev and you're not using the @TenderlyApp snap on M*t*M*ask you're missing out.
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@getty_hill
getty.gfxlabs.eth
3 years
1bp is a killer
@tomhschmidt
Tom Schmidt >|<
3 years
Sorry, but Curve wars are dumb. 1) These features should've been built into Curve natively from the start. A product miss has spawned this entire industry. 2) This glosses over Curve losing stablecoin swap mkt share. You're bikeshedding while the shed is burning down behind you
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@getty_hill
getty.gfxlabs.eth
3 years
fyi we're about to go down some more bc I just bought some coins
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@getty_hill
getty.gfxlabs.eth
1 year
Are there any new startups in the domain of on/off-ramps for stablecoins? I know MoonPay, Wyre, Transak, Stripe, and Coinbase's products. Are there any others I should be considering?
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@getty_hill
getty.gfxlabs.eth
3 years
Everyone wants to write about DAOs, but no one wants to make the gov proposals. If you're the 1%, who likes making the proposals, hmu @labsGFX is hiring.
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@getty_hill
getty.gfxlabs.eth
1 year
Looks like the feds got someone in real-time with this one. $1.1m transferred and then frozen in less than 15 hours
@usdcblacklist
usdc blacklist
1 year
[2023/02/03 05:09] USDC blacklisted 0x7f2863dc306fe5be920d311f5eeef842bae16ce8 in block 16546075
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@getty_hill
getty.gfxlabs.eth
1 year
Let’s not confuse poor governance at one protocol as net failure of DAO governance. While token governance is still in its infancy, it has already proven uniquely effective at decentralizing control of protocols.
@euler_mab
Michael Bentley
1 year
If there's one thing that's clear from recent events, DAO governance of lending protocols is not a great idea. Most people are simply not qualified/in possession of sufficient information to determine appropriate risk parameters on complex protocols whose risks evolve in time.
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@getty_hill
getty.gfxlabs.eth
3 years
Huge shout out to @chainlink for helping make this a reality and to @polychaincap for supporting the initial CAP.
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@getty_hill
getty.gfxlabs.eth
3 years
Day 1 circulating supply is technically 38.3M, but since governance controls 5m, it is more like 33.3M.
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@getty_hill
getty.gfxlabs.eth
1 month
Am I a defi boomer for thinking smart contract wallets won't be catching on anytime soon?
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@getty_hill
getty.gfxlabs.eth
3 years
The first @compoundfinance Community Call was a success! We covered the whole agenda in about an hour. Our maximum number of listeners was 64, and the call had a total of 196 listeners. The next Community Call will be on 3/17 at 6 PM PST.
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@getty_hill
getty.gfxlabs.eth
3 years
12% of the world's crypto is on Coinbase. gdam people
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@getty_hill
getty.gfxlabs.eth
3 years
It passed. Hyped for the future!
@compoundfinance
Compound Labs
3 years
Proposal 051 by @compoundfinance creates a streaming COMP grant to @getty_hill as a Compound protocol price feed coordinator. Voting begins in ~2 days. Discussion: Proposal:
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@getty_hill
getty.gfxlabs.eth
3 years
at least people can’t say there is a backdoor or that it is centralized
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@getty_hill
getty.gfxlabs.eth
2 years
If I launched a defi protocol tomorrow I would do an ipfs frontend with an ens domain. killer combo
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@getty_hill
getty.gfxlabs.eth
8 months
When is @LensProtocol going to open up to more users? It’s hard to compete with X and Farcaster if people can’t signup.
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@getty_hill
getty.gfxlabs.eth
1 year
@Blockworks_
Blockworks
1 year
NEWS: New Uniswap v3 UI porting centralized exchange design to DeFi
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@getty_hill
getty.gfxlabs.eth
1 year
You might think dex trading on L2s is nice right now, but you have no idea how much better it's about to get.
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@getty_hill
getty.gfxlabs.eth
10 months
we're going to build the best trading interface in crypto
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@getty_hill
getty.gfxlabs.eth
3 years
I just donated $5000 to @HODLpac to protect the future of crypto! So should you!
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@getty_hill
getty.gfxlabs.eth
2 years
On-chain protocols with governance tokens should ideally own & control their entire stack of technology: frontend interface, domains, backend support, protocol, and anything else necessary to its regular operations.
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@getty_hill
getty.gfxlabs.eth
1 year
Uniswap had 72% of DEX trading in March, according to @coingecko 's 2023 Q1 report, continuing to grow its strong position in the DEX market.
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@getty_hill
getty.gfxlabs.eth
3 years
Good morning to everyone except people who think depositing money into a contract makes you a community member.
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@getty_hill
getty.gfxlabs.eth
3 years
I am thinking about making a discord club for people who have made governance proposals, thoughts?
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