Mark Lurie 🏴☠️
@MarkLurie
Followers
2,432
Following
638
Media
37
Statuses
689
DeFi @shipyardsw ( @Clipper_DEX ). Fmr VC @FJLabs , @BessemerVP . @HarvardHBS @Harvard . Host of WTF, Crypto. Publishing Forbes Contributor at
Boston, MA
Joined October 2009
Don't wanna be here?
Send us removal request.
Explore trending content on Musk Viewer
baekhyun
• 522510 Tweets
Linkin Park
• 164434 Tweets
Adalet
• 154267 Tweets
For Asia
• 136829 Tweets
Chester
• 85236 Tweets
小泉進次郎
• 68536 Tweets
ベイマックス
• 40194 Tweets
知的レベル
• 34158 Tweets
エイリアン
• 33584 Tweets
資さんうどん
• 32424 Tweets
雇用統計
• 32177 Tweets
すかいらーく
• 28901 Tweets
大阪府警
• 26338 Tweets
#INZM_HyperBandLive
• 25363 Tweets
#Mステ
• 22430 Tweets
#Number_1
• 21880 Tweets
#ビリスク
• 16876 Tweets
押し出し
• 14361 Tweets
Hyper Band Live M/V
• 13810 Tweets
神ちゃん
• 13591 Tweets
佐藤勝利
• 11231 Tweets
Pinned Tweet
Centralization caused the FTX fiasco, not DeFi. Regulators must make sure not to conflate the two. My OpEd in the
@WSJ
@WSJopinion
with
@VivekGRamaswamy
4
4
44
Australia puts forth a common sense proposal; if you custody user assets, you should be regulated. Kudos to them for not conflating CeFi with DeFi and remembering the reasons regulations exist in the first place - to protect user funds.
87
393
7K
Elizabeth Warren thinks crypto is for money laundering, but as law enforcement becomes more sophisticated it is turning into an effective tool to fight crime, including terrorism. My latest in
@ForbesCrypto
.
29
69
1K
Looking for the best yields in DeFi? Clipper Core Pools transform market volatility into gains.
Here's how it works:
29
80
1K
The biggest impact of DeFi may be forcing TradFi to innovate and become more customer friendly. Just as the biggest impact of Napster/filesharing was forcing record labels to allow Spotify.
12
38
1K
The first drop from the most interesting initiative to change digital art market structure I've seen yet. All proceeds regranted to emerging artists. Bids taxx deductible. Bid starting in 1 hour!
5
105
155
DeFi PSA: Imagine if you gave your money to a hedge fund manager who pocketed a % of every trade they made with your money, instead of a % of the gains they earned for you.
They are going to make lots of $ losing trades.
This is the same as LP'ing in Uniswap/Sushi/Pancake
5
55
88
@foundation_artb
@ippsketch
@ArtBlocksEngine
@foundation_artb
is proud to announce FABDAO and the release of its inaugural drop. Proceeds fund future artists and are tax deductible!
7
55
91
Shipyard is offering our collective expertise to support the Sushi leadership + community with a transparent report to help reestablish credibility. We feel it is important to ensure Sushi's story is a successful one.
🍱 Posted a short proposal to bring in the founders of
@Clipper_DEX
to help
@SushiSwap
with building, organization, and more:
🍣
0
5
35
3
23
65
There is $12B in DAO treasuries and 1.7m voters, but many haven’t even incorporated. With unlimited liability, that’s crazy!
In the latest “WTF, Crypto” ep, I chat with Adam Miller (
@TheThriller_
) of
@MIDAODS
about why and how to incorporate your DAO:
1
22
51
Shipyard is offering our collective expertise to support the Sushi leadership + community with a transparent report to reestablish credibility (updated link!)
1
16
44
I'm looking forward to making a major DAO announcement next Tuesday at 10amMT/12pmET. Watch my keynote at
@Clipper_DEX
@ShipyardSW
@DAODenver
@IgorIlyinsky
7
10
37
Crypto founders are flush with capital and want to move fast, but the biggest bottleneck to speed is people, because people do the actual moving.
@veradittakit
(partner at
@panteracapital
) and I dig into crypto hiring in the latest
#wtfcrypto
podcast ep:
0
20
37
The FTX saga will inevitably bring about increased regulatory scrutiny. Which is ironic because a centralized review will not be as scalable as a crowdsourced audit that’s offered by DeFi.
As I shared with
@Coindesk
, DeFi crypto ≠ CeFi crypto.
8
5
31
I spent a few weeks this quarter hosting 1:1 calls with LPs from across DeFi. As I connected with more people I realized that their experiences signaled broader trends in the ecosystem.
What started out as product due diligence turned into Shipyard's 2023 LP Report. Hope you
3
9
27
Data is showing that NFTs are retaining value just as much as Modern Art. And investors are betting on enduring value, including a 3 year (!) loan on a Squiggle on
@gondixyz
. Read my latest in
@ForbesCrypto
@squiggleDAO
5
9
23
Madoff.
MFGlobal.
Enron.
History is littered with financial intermediaries that began as regulated entities and ended in devastating losses because well meaning regulators couldn’t keep up. DeFi is the solution that removes trust. Magic thinking won’t.
Penny stocks.
Subprime mortgages.
Credit-default swaps.
History is littered with financial schemes that began with dazzling rewards & ended with devastating losses because they had flourished in regulatory gaps. Crypto is following a well-worn path, & consumers need protection.
720
406
2K
1
5
23
Bottom line. A DeFi that puts fees > profits will slowly bleed the entire ecosystem of liquidity, then users, then its game over. DEXs have to put users ahead of topline revenues and design so that every user gains. It's possible. It just takes some spine. 🏋️
8
1
15
An open call to
#opbadgeholders
to allocate their OP votes to
@Clipper_DEX
and add Clipper to lists. Real Yields attract Real Users, which drives Real Impact to Optimism! Here's a more comprehensive writeup .
@Clipper_DEX
has achieved quorum, now lets
2
5
16
Keep transaction costs low. Gas, slippage, and transaction fees add friction to trades. DEXs can reduce costs of all three by being more efficient stewards of LP capital, executing only beneficial trades, and eliminating the need for arb bots. 🏎️
2
1
12
Proud of the
@ShipyardSW
team for the work poured into
@Clipper_DEX
these past 2 years.
Even more excited for the Clipper Community who are taking the helm. Clipper was built for its community Today marks a milestone for decentralizing DeFi. I've got my
#proofofpirate
AdmiralDAO, the DAO behind Clipper, has just launched its governance token – SAIL.
Repeat.
🔊SAIL TOKEN IS NOW LIVE! 🔊🏴☠️
Hoist the Jolly Roger to show your
#proofofpirate
75
233
204
5
1
14
This week,
@Karl
(
@HomeCoinFinance
) shares on the long-standing unfairness of traditional home mortgages, & how he is bringing real-world assets on-chain to tackle this issue.👇
0
4
14
Developer marketing has been demystified, thanks to
@adelynzhou
from
@chainlink
.
Get her insights on how projects can attract developers + her take on projects with impressive developer communities.
Join us on this episode of 'WTF Crypto'.
2
2
13
Join us for the
@CodexProtocol
@rareartlabs
and
@ConsenSys
crypto-art auction on Saturday! We'll be auctioning an exclusive cryptokitty and demoing Codex Protocol for the first time.
We're thrilled to reveal the CryptoKitty available for bid online in the Live Art Auction
@EtherealSummit
. Learn about the celestial one of a kind licensed digital collectible and the
#blockchain
inspired
#art
by
@CryptoKitties
, Guilherme Twardowski
2
16
54
0
3
12
@VivekGRamaswamy
Im sympathetic to the point. But equity and bond holders do seem to be getting wiped out. Doesn’t that deal with moral hazard to some extent?
3
0
11
@alliancedao
was
@ShipyardSW
first investor and has an incredible network in DeFi, helping get any intro anywhere. Strong recommendation to apply.
Alliance works with founders to build world-changing companies of the future — and we'd love to work with you.
The deadline to apply for ALL11 2023 is June 14th.
Submit your application at
22
34
168
0
3
9
Now that AdmirdalDAO is in charge of Clipper I expect a variety of interesting proposals for the design of SAIL staking, starting with the below. The benefit of a sustainable economic model is that it enables
#realyield
for DAO participants instead of ponzinomics, if that's what
The community is already innovating around Clipper. Just look at these builders 💪
First up?: Staking proposal.
12
20
31
1
4
11
Had a great time chatting about all things crypto derivatives with
@vegaprotocol
founder
@barnabee
in the latest
#WTFCrypto
episode
0
4
7
4/4 Discover how DeFi makes collecting NFTs a game-changer in my OpEd on
@ForbesCrypto
:
#NFTs
#DeFi
#ArtMarketRevolution
7
8
9
Unless DAOs incorporate, members are subject to unlimited liability! Read more in my newest OpEd - Why DAOs should register as Legal Entities in
@DefiantNews
Why will DAOs have such a massive impact? Why is it a bad idea for DAOs not to incorporate as a legal entity? What are the hurdles that we need to overcome?
All that and more in
@MarkLurie
's latest oped in
@DefiantNews
👀
1
39
80
1
0
10
There is a wave of specialized defi exchanges coming that will replace the current incumbents. Listen to my conversation with
@APompliano
here! Thanks for a great conversation.
0
1
7
1
2
10
If LPs gain tokens but lose money then DeFi is on a path to brain death. IL is a design choice! Rather than compete around phony APY figures, DEXs must reorient around LP returns. It’s simple. LPs gain → DeFi attracts capital → the ecosystem thrives. 🧠
1
0
8
Design around users, not DEX revenues. Most DEXs report inflated APYs boosted by token incentives doled out to LPs. What these top-line figures mask is the impermanent loss (IL) LPs experience leaving their capital in the DEX pool. 💸
1
0
9
People think the Fed is threatened by stablecoins, but nothing could be further from the truth. USD is 99% of onchain stablecoin activity and nowhere near that level in the real economy globally. USD stablecoins actually increase global dollar dominance.
@circle
@jerallaire
1
0
8
It's time DeFi focused more on users and less on TVL! Thanks
@decryptmedia
for spreading the word. Happy
@Clipper_DEX
is focused on the retail trader.
1
1
9
Anchors Aweigh! Clipper is live with a small liquidity pool of $1m for our alpha test! Prices already competitive <~$1k.
0
0
8
Clipper weekly report - Once again, the only profitable DEX protocol!
0
4
8
I'm proud to announce
@Clipper_DEX
is live + a $21M raise! Trade now on for the best prices on small trades.
Today, we're proud to announce our $21M raise for the first
#DEX
that caters to retail traders.
Excited to be working with our lead investor
@Polychain
and other world-class supporters!
1/
69
279
699
1
2
9
@kethcode
Please consider
@Clipper_DEX
for your ballot! Here is a metrics-oriented overview of its contribution to Optimism: . Let mw know if you have any questions.
1
6
8
#crypto
helps us govern ourselves better. Watch my interview with Presidential Candidate
@VivekGRamaswamy
about crypto and legal frameworks. The next election will be critical for crypto.
Old World Europe believed that citizens couldn’t be trusted to govern themselves and that enlightened elites had to settle the answers to normative questions. We rejected that vision in 1776. We need to dissolve the managerial bureaucracy that pervades the administrative state
130
528
2K
0
2
5
Great research on Intents and Solvers from the
@BarterDeFi
team!
🧵1) We have taken a close look at the 'Coincidence of Wants' concept in DeFi swaps. Analyzing 25 random blocks (19063173 - 19063198), we aimed to understand its effectiveness with the current trading volumes. Spoiler alert: it is feasible to save nearly $1.5 million in token
7
14
85
0
0
6
Join me to discuss supporting artists in NFT and crypto art!
1
1
5
SAIL, the token of , now on Coinlist.
NOW TRADING: $SAIL 🏴☠️
Eligible users can now buy, sell, and trade $SAIL, the native token of
@Clipper_DEX
, directly on CoinList.
Announcement 👉
Trade on CoinList 👉
*Not available in US & CA
23
10
47
0
0
8
@RossjournoClark
How sad would it be to have lived in 1920s Harlem without realizing the Renaissance was around you? Jazz wasn't just a fad for musicians who can't read music, and crypto isn't 'clearly a pyramid scheme' just b/c you aren't aware of the other 'attractions'.
2
0
5
Ok. Time to get smart on
#Stablecoins
. This increasingly critical asset class has climbed to $123B globally. Governments around the world are taking notice. But why do they matter to you? Because stablecoins are becoming an important source for global dollar flows. 👇
1
0
7
Need a comprehensive OFAC list?
@ShipyardSW
provides an open-source developer-friendly Github repo at .
@Clipper_DEX
prevents OFAC-blocked addresses from trading on Clipper to avoid tainting the pool.
READ THIS THREAD OR GO TO JAIL FOR 30 YEARS (sorry not kidding)
Tornado Cash added to US sanctions list - $437m of assets blocked.
What is OFAC, what are sanctions, and what does this mean for DeFi 👇
321
2K
5K
2
2
5
Prediction: In 2022
@tarunchitra
will tweet the same thing about DeFi & DEXs😉
End of an era — everyone needs to sip on retail flow to survive in 2021
4
2
48
0
1
6
1/4 🧵 The untold impact of NFTs on the art market lies in DeFi. Let's dive into the specific reason why.
1
1
7
@nncrypto_1
@Clipper_DEX
@QwQiao
@polychain
If a big pool set lower fees just for small trades, big trades could just take advantage by splitting into many little trades. Clipper doesn't set a cap on trade size; rather its small pool means high slippage for large trades or a similar batch of small ones.
4
0
6
Clipper is opening up LP to everyone Oct 5th. Get onboard!
📣 Clipper will open up $3M of LP to its community on Tuesday, October 5 📣
📙 Read all about it below.
🧐 Still have questions? Join our Discord for an AMA this Friday at 11 AM ET / 3 PM UTC.
4
39
77
0
0
6
Numbers don't lie. Once again, Clipper is the only profitable DEX accounting for impermanent loss.
Love getting my weekly
@Clipper_DEX
report. For the third week in a row, is the only profitable DEX Protocol.
#FundamentalsMatter
#RealYield
#ProfitYield
#CryptoCommodities
.
0
0
1
0
2
5
70% of DeFi volume is bots. My latest blog post on the danger's of DeFi's "Bot Game."
Are You Falling for The Bot Game?🤖
Uncover the hidden truth behind DEX success metrics and how the Bot Game is skewing the picture. Learn how to measure REAL value and ensure sustainability in the DeFi seas with this insightful blog👇
3
3
8
0
0
5
@SenWarren
catch-all regulations just play into the hands of scammers.
@SBF_FTX
was asking for them! Don't fall for his tricks - rethink the rules from first principles for DeFi. My response with
@VivekGRamaswamy
in the
@WSJopinion
. What say you? …
FTX’s collapse should be a wake-up call.
@SECGov
,
@TheJusticeDept
&
@USTreasury
should use their expansive authority to crack down hard on crypto fraud. Congress must close loopholes & back up these financial cops on the beat with more resources.
My oped:
467
131
406
1
3
6
Security comes first
We take security seriously.
Read more below about our testing, bug bounty with
@ImmuneFi
, and audits with
@Quantstamp
and
@SolidifiedHQ
.
0
1
14
0
0
5
13/ Q5: KYT, KYT, KYT, especially at the application layer. That will substantially reduce the usefulness of tainted funds in perpetuity. But self-executing code can't really be stopped, so it's probably not worth trying to regulate it; the only result will be embarassment.
1
0
2
Is MiCA's fear of stablecoins a knee-jerk reaction to Facebook's attempted Libra and the dominance of USD-backed coins?
Meanwhile, the US flaunts its confidence in the mighty dollar.
Whose approach will prevail?
My 2 cents in
@DLNewsInfo
's piece.
🔗
0
1
5
Excited to talk incorporating DAO at
@ethdenver
!
@0xThriller
from MIDAO and
@MarkLurie
from Shipyard Software are sharing their perspectives on incorporating a DAO. They’re hitting on the pros, the cons and the weird sh*t no one tells you about 😎
#Day2
at
#ETHDenver
’s
#DAOTown
1
74
78
0
0
5
As a DeFi founder, the
@Ripple
ruling is perhaps the most important crypto regulatory event in years. This paragraph provides all the clarity that token issuers need and have been seeking.
3
1
3
Optimisms RetroPGF has been executed excellently. A shining star of good DAO execution.
Pretty impressed with Optimism’s approach to retroPGF and governance!
The quality of discourse within Citizen House, the passionate group of builders submitting proposals, and the OP team (special kudos to
@lalalavendr
@JonasSFT
) managing this complex endeavor has been an
2
4
49
0
0
4
Clipper beats Uniswap! I'm proud our hypothesis for Clipper has been validated.
Clipper's goal is to bring you the best prices on trades under $10k.
In its first 30 days, Clipper processed more trades under $10k from
@1inch
than any other DEX.
That means Clipper officially has better prices than Uniswap!
Read more here:
10
44
152
1
0
5
This is an example of two biases: (1) snapshot bias - evaluating law enforcement on their capabilities now instead of what they could be if they invested more in enforcement technology, and (2) benchmark bias; crypto must be compared to illicit use of the banking system, not to
An Industry of Terror and Crime: How Terrorists and Criminals Use Crypto Cloaking Devices to Evade Detection
Crypto crime has many faces: Hamas terrorists, Chinese fentanyl distributors, the ayatollahs of Iran and other bad actors. Panicked that terrorists’ embrace of crypto
32
37
83
1
2
4
Full Steam Ahead with Clipper on L2! The cheapest place to trade in all of decentralized finance.
0
0
5
1/7 I Just read Number Goes Up by
@ZekeFaux
. Zeke seems like a good guy, but I gotta be honest this a really bad piece of journalism. A thread:
1
1
5
The law is largely based around honesty and adherence to stated rules. If there isn't a terms of use, then the code is its own terms and any use should be legal - "code is law". If there is a terms of use by the license-holder, then violating those terms should be against the
0
1
4
Clipper is full speed ahead! Three weeks in it is a top 10 DEX. Now you can track Clipper's journey yourself on our new dashboard.
In less than a month, there have been over 18k trades on Clipper. ⛵📈
Check out this new real-time dashboard, which gives a bird’s eye view of Clipper’s on-chain activity:
2
5
26
1
0
5
1/ The
@USTreasury
published a report on Illicit risk in DeFi today. Here are its key conclusions, recommendations, and my thoughts.
1
0
4
1/4 SVB was ultimately the victim of rising rates - and DeFi protocols are next. A thread
3
0
4
Good question! The foundation has informed us that they will be adding
@Clipper_DEX
to the list and issuing a grant!
@ArbitrumNewsDAO
First we all know clipper have AdmiralDAO!
The AdmiralDAO Fleet :
Clipper_DEX | Longship | galley
, we know that Clipper was one of the first and biggest supporters of the Arbitrum network and added it!
Seeing these, why wasn't Clipper among the top 100 projects receiving ARB?
0
0
1
0
1
5
Blockchain has broken the existing software development paradigms like agile. It's only when old paradigms fail that new ones emerge. The community needs to completely rethink it's approach.
If we treat exploits like failed experiments rather than process problems, we risk meeting Einstein’s definition of insanity - doing the same thing over and over and expecting different results.
In other words, crypto needs a new development paradigm:
0
12
30
1
1
4
If crypto were to become a reserve currency, it would happen because of sanctions and through oil/gas. Read my first OpEd in
@CoinDesk
:
0
1
4
I'm glad we're finally talking about real yield. It is high time traders scrutinize the protocol and ask themselves - where exactly is the yield coming from?
I share more with
@Cointelegraph
.
0
0
3
@allianceDAO
was super helpful in getting
@Clipper_DEX
started - love that they are decentralizing!
1) 📢 Announcing Alliance DAO 📢
DeFi Alliance and hundreds of other top builders are coming together to form Alliance, the world's first digital startup nation, to accelerate the best Web3 startups.
174
392
1K
1
0
4
Wow.
@WSJ
doubles down on slandering crypto despite previously publishing a correction about these debunked numbers. Newsflash: Crypto is a bad way to finance terrorism. The article itself makes it clear - it literally says cash is the primary funding mechanism through hawala
0
1
3
So, now that the startup-verse has all its money back from SVB, how do we feel about the new precedent? Basically, deposits are now 100% FDIC insured in perpetuity. In the event of a bankrun, equity/bondholders get wiped out. Is that model sustainable? I'm legit not sure.
0
0
4
Had a great time with
@karl
, Valentin Pletnev (
@QuasarFinance
), Barney Mannerings (
@vegaprotocol
) &
@eth_sanjay
in the
@harvardintech
webinar where we touch on the bear market and the challenges it brings when it comes to diversifying yields.👇
0
0
4
Great article from
@0xThriller
!
0
0
3
There are no winners here.
There is more than just financial loss in this debacle.
The loss of regulatory trust and DeFi’s credibility as a whole will have lasting effects in the long run.
I share my thoughts with
@gridnews
1
1
2
This is a great podcast explaining why AI is so far from general intelligence that it’s laughable to call it an existential threat. LLMs are optimized for pretending to be intelligent, not actually being intelligent. In other words, it’s a phenomenal bullshitter. Don’t get me
1
2
4
The reason this doesnt make sense is that new capital flows into btc/eth/bluechips first and then the wealth effect on cryptonatives encourages them to rotate into altcoins. And I dont think weve seen the top of btc.
One of my hottest hot takes is that we may have already seen the top for token prices.
It is entirely possible new capital never shows up in the way described here but instead people build into blockchain from outside and the gains are not mostly to token prices.
52
9
124
1
2
4
We have created an OP token distribution plan designed to reward active community members while prioritizing the long-term growth of both
@Clipper_Dex
and
@OptimismFND
.
In-depth breakdown right here👇
0
1
4
I'm excited to announce my new project!
⛵Ahoy! Clipper is a DEX built to offer the lowest prices for trades under $10k.
🐞 bug bounty June 22 - July 6
🔜 alpha coming June 29
check us out:
join our discord:
read more:
3
6
26
0
0
4
#intents
is interesting but one you get beyond simple swaps, you run into the Genie problem - making wishes you think you want, but turns out were formed poorly. This seems harder than monopolistic wish fulfillment, but Isn't discussed.
@0xquintus
@gakonst
0
2
2
Agree. Nonsense doesnt become ok just because you slap the word ‘experiment’ on it. That crowds out the legit ‘experiments’.
Stop "experimenting" with ponzis, algostables, yield farming and other unsustainable nonsense.
Start experimenting with public goods funding, governance/DAOs, decentralized identity/reputation, regenerative finance and privacy tools.
This is the gwei.
380
1K
6K
0
0
4
The weirdest thing about securities law is that the Howey's test is like Schrödinger's cat. Whether an asset is a security can have nothing to do with the issuer, but rather hinge on how uninformed third parties choose to view the asset. That's odd.
0
2
4
My friend and former roommate
@VivekGRamaswamy
on chopping block talking about his views on Crypto Policy!
🗳️Republican presidential candidate
@VivekGRamaswamy
joins the Chopping Block to discuss:
⚠️ Why he’s so against overregulation of the crypto industry
🧑⚖️ Whether “code is law” is an appropriate framework for crypto regulation
🤑 Why he sees Bitcoin as a check on the Fed
🔊 Full
10
5
39
0
0
4
1/ The FTX debacle shows TradFi flaws but also emphasizes DeFi flaws.
1
0
2
This is so sad. I loved policy debate.
Policy debate was an important and formative experience for me. It makes me very sad to see it taken over by political posturing. Many young people will miss out on something very positive.
149
342
2K
1
0
3
Contrarian take: RWAs aren’t coming on-chain this cycle. People don’t appreciate how expensive crypto capital is. Its chasing 100x’s not a respectable low-yielding real estate yield. Tradfi thinks it can get more demand from crypto buyers, but will just find its not there. Prob
2
1
2
5/5 The fact that tether hasn't gone legit means they lost money, which means on top of dishonesty their team may go down as perhaps the most worst money managers of all time.
0
0
3