Some news: this is my last week at Uniswap Foundation.
I joined
@UniswapFND
when it was founded in 2022. As COO it has been incredibly fulfilling to taking it from 0 → 1, building out our grants, marketing, finance functions, and most importantly hiring an INCREDIBLE team
Excited to share that
@LivepeerOrg
raised a Series A to bring our decentralized video technology to market. Lots of work ahead, and I'm thrilled to be a part of the journey.
🫶 I’ll be exploring leadership opportunities after enjoying a few weeks in Greece. There's nothing I love more than designing a strategy, creating a rhythm and bringing incredible product, engineering, community & marketing leaders together to run at it. I'm excited to
Bravo to whoever at
@CelestiaOrg
came up with the football analogy to explain modular systems. I've been learning about the tradeoff's between modular and monolithic blockchains and find their content to be easier to understand than most. Who wrote it?
1/ The budget I oversee at
@UniswapFND
is dedicated to optimizing incentives and exploring new mechanism designs. Understanding automation and profit-seeking behavior among DEX users is crucial to predict Uniswap's response to incentives or fees.
💭 What's Next?
We're excited to now take
@thelatestindefi
from 0 to 1, with funding support from
@UniswapFND
, we’re spinning it out to its own 501c(3) this fall, which will allow us to expand TLDR’s impact. More to come on this in the coming weeks.
💫 More about my journey:
After leading operations at
@Livepeer
, I took a hiatus from crypto in January 2020 to start a senior care startup, inspired by my grandfather who had Alzheimer's. Here, I cared for people with dementia while building software to scale the care concept.
It's important to over-communicate when launching a global, remote fellowship program. We recently got
@thelatestindefi
off the ground. Here's the onboarding doc I reviewed with our fellows. Design is my special sauce puhlez enjoy :)
Building on my previous deep dive, let's take a closer look at CoW Swap and its unique approach.
CoW Swap's trading mechanism stands out in a field where
@Uniswap
has paved the way.
1/ In bull markets, DEXs don't just thrive; they often become the central narrative. This year, we've seen volumes behave erratically. Let's dive into the numbers and trends that defined the DEX world in 2023, and what is to come next year.
1/5 There's no time like now to
#buildinpublic
. Follow along to learn how we're changing senior housing forever by reimagining and modernizing the $11B residential care home market. Thanks
@sweatystartup
@moseskagan
@joepohlen
for sharing your journeys and inspiring mine!
.
@UniswapFND
is hiring a Head of Finance / CFO to scale our org. We recently received $45M of capital from the DAO to scale our grants program. The Head of Finance will help scale our finance strategy and back-office functions. Pls share!
So glad to be working with Gauntlet on LM. Having a structured, data driven, iterative process gives me the confidence to invest in LM programs from
@UniswapFND
.
Now halfway through Round 2 of
@Uniswap
@Arbitrum
liquidity mining, we have seen promising market share growth in the active pools so far.
We take a closer look at the recent performance in the posts below, and will continue to incentive these pools for the rest of Round 2:
I knew I wanted to go back to crypto, and I brought my new (very) high stress threshold and a deep gratitude for life into my search for my next Big Thing. Taking a 2.5-year break from crypto is like lightyears, but I couldn’t have found a better landing pad to re-enter the
If you've ever had tequila with me late at night, you know that then the pandemic hit, people died of Covid, and it was a crazy time. You can read more about my inspiration below.
1/ In bull markets, DEXs don't just thrive; they often become the central narrative. This year, we've seen volumes behave erratically. Let's dive into the numbers and trends that defined the DEX world in 2023, and what is to come next year.
With grant funding from UF, I had the joy of co-founding TLDR
@thelatestindefi
with
@tarunchitra
, which turned out to meet untapped demand for community, mentorship and funding for academic researchers working on DeFi.
Robot Ventures, an early-stage investor in crypto startups such as EigenLayer, Lido Finance and Flashbots, raised $75 million for its latest venture-capital fund
Exciting news! Introducing
@thelatestindefi
, a groundbreaking fellowship program and conference dedicated to academic DeFi research. As a member of the council, I'm thrilled to be shaping how grant funding is invested over the next three years. Supported by
@UniswapFND
The 0.15% front-end fee on certain tokens marks a pivotal transition for Uniswap from a protocol application to a platform application. This is a net-positive move for Uniswap.
I work in crypto because of the immense positive impact I believe it can have on the world, removing gatekeepers and increasing access to value and ownership.
I’m proud of the ways
@Uniswap
Labs has contributed to that effort and want to make sure we’re creating sustainable
If I’ve ever been in your proximity remotely close to your birthday, you know I insist on a “love back” sesh where everyone says something they appreciate about you. Today at my last all hands
@UniswapFND
@devinawalsh
@_b33ts
organized a love back and it gave me all the warm
Showing the team a Good Time-below in a Christmas adorned piano bar run by a couple in their 80s and a still from the men during our two stepping class
the
@ladiesgetpaid
slack group is hands down the best place I find amazingly talented freelancers, ranging from technical writers at twitter to UX designers at LinkedIn. AND it just so happens they are all badass women.
Congratulations to
@nchirls
and
@jonwu_
. I first met Nick when he invested very early at Livepeer, and over weeks him and
@alexlines
sat down with me to trouble shoot the first staking token launched to mainnet. Then they were the first folks who listened for HOURS as a sounding
Today I'm launching
@asylumventures
, a new venture firm dedicated to the creative act of building companies.
Asylum's first $55 million fund is an embodiment of my belief that founders are artists, not assets:
1/4 I'm excited to be a part of the program because 1) many programs require applicants to be phds. We want to uncover talented researchers that would otherwise be overlooked.
We’re blown away by all the ways devs are leveraging hooks to customize liquidity pools. Take a look at this thread for a rundown of what devs built in 48 hours 🤯
What a great and awe inspiring event this weekend. For 36 hours we saw developers interact with Uniswap in a way never imagined before V4. 🪝🔥
It’s safe to say developers are ‘hooked’ on Uniswap V4 with the
@UniswapFND
bounties
@ETHGlobal
NYC! 🗽
The TLDR 2024 Program Schedule is now live!
🔹 Keynotes from Eric Budish & Alex Nezlobian
🔹 Sessions on Infrastructure, DEXs, Software, MEV & Block Building, Governance, DeFi Applications
🔹Presentations by TLDR Fellows
Explore the full agenda at:
Really excited to see UF's new grants strategy come to life. I've been in the business of vc, impact investing, and grant making for a decade. This program is world class, and will re-define what ROI looks like for open-source software foundations.
🦄 Introducing our Reimagined Grants Strategy
Our vision is simple: to make the
@Uniswap
Protocol the liquidity layer of the Internet.
As stewards of the Protocol and the Community, we have evolved our grants strategy to turn this vision into reality.
Here's why and how 🧵👇
Calling all researchers: Applications to present your research are open. Really looking forward to the first inaugural
@thelatestindefi
Research Conference in May'24 at
@ColumbiaBizLab
in NYC.
The
#SlowStart
countdown has begun! There are 10 days to claim your 2.4 LPT if you're eligible. On July 26th, anyone can claim your token. We made an infographic with the details.
Claim:
Are you a female engineer interested in a career in blockchain? Sign up to join an intimate gathering on Jan 16th with blockchain engineers at the best projects in NYC. Learn about the types of problems you'd solve and meet likeminded women in NYC. RSVP:
🥳 Let's celebrate grantees with
#UNICROCS
!
UF's grantees have been pivotal in shaping the Uniswap ecosystem's growth. Over the past year, they've driven innovation in research, public goods, bridge security & beyond, forging the future of the Protocol & DeFi.
A NEW role in the Livepeer protocol: The Streamflow proposal introduces a new role in addition to Broadcasters and Transcoders: Orchestrators.
Read more here:
Today we're proud to announce Aera, the world’s first autonomous, data-driven treasury management protocol. Aera will provide DAOs with a one-stop solution for managing their token reserves efficiently and transparently.
Diversity is critical in blockchain. Different ideas are the only way we will overcome scaling challenges ahead. I've shared our playbook for building diverse teams here. For all you iconoclasts, join me and the team:
For Livepeer, hiring humans with different ways of thinking and seeing the world is the best way to face the scaling, development, and reliability challenges ahead. Learn more about why we're committed to diversity and how you can help:
Peteris
@p_e
is one of those people that you love working with, and continue to find ways of partnering throughout your career. He’s whip smart, super thoughtful, and a brilliant mix of strategy and technical excellence. Thrilled to be partnering to drive amm innovation.
👥 About the Grantee (cont.)
At the helm is Peteris Erins (
@p_e
) a pioneer in Ethereum dev tooling. His unique, cross-functional experience make him & his team the ideal recipients for this grant. He also writes weekly essays on protocol product management and strategy.
Wow! Tickets for the TLDR Conference on May 16-17 are now sold out due to high demand.
Thank you for your overwhelming interest. If you missed out this time, we hope to see you next year.
Stay tuned for recordings of the talks, and highlights from this year’s event.
Wooop! First event was incredible last night. Blown away by the amazing women who joined us. Thank you to my team for supporting this idea and showing up 🙏. There are lots of women interested in joining the space and I’m committed to helping them navigate the path.
Last night we hosted our first women in blockchain workshop. 20 engineers came to learn about the types of problems they could work on on the engineering side. Thanks to our lightning talk speakers, Alice from
@ConsenSys
and
@QuaintM
@kadena_io
and
@RaffiSapire
.
Throw back to last year when I organized our team offsite during Passover, hosted a Seder, all along knowing it was a covert karaoke operation. Chag Sameach!
Really excited for the research problems we’re tackling this year. Please share this amazing research fellowship opportunity with your network. I’m biased, but I think it’s outstanding.
📢 A big thanks to the 2024-2025 TLDR Research Council for volunteering their expertise to mentor fellows and advance DeFi research!
• Dan Robinson,
@danrobinson
(Paradigm)
• Danning Sui,
@sui414
(Flashbots)
• Guille Angeris,
@GuilleAngeris
(Bain Capital Crypto)
• John
2/
@gauntlet_xyz
's analysis on Uniswap peels back the layers of the ecosystem, revealing a landscape dominated by automation. A significant portion of the volume is driven by MEV bots and arbitrageurs.
5/5 Thus was Homestay Senior Living was born. First I thought we'd be OpCo+propco.Then just OpCo. Now we're scaling backend ops + platform to power the existing 30,000 homes. Learn more here:
Are you good at distilling technical research down to the main points? TLDR is looking for a PT Writer in Residence to help us amplify the research from fellows, the council and broader DeFi market.
Learn more and apply:
🎧
@br_ttany
and I are curious to explore successful GTM strategies in web3 with our podcast Chain Makers. From developer adoption, to app chain growth, to user acquisition, we are hosting tactical conversations with the best hustlers like
@Fwiz
@danheld
@hxrts
@JacobArluck
Since April of this year, Gauntlet has published a number of analyses on the
@Uniswap
protocol and how to optimize it for long-term growth and efficiency
We thank the
@UniswapFND
for supporting this engagement and provide a recap of past work and upcoming analysis below 🧵👇
3/ When you break out by pool size, you see mid-tier liquidity pools are hotspots for sophisticated strategies, not just retail trading, contributing to 50-70% of the trading volume. However, a majority of trading volume still lies in the highest TVL pools.
5/ As we navigate the line between optimizing for high-frequency trading entities and maintaining an accessible platform for a retail audience, it becomes imperative to fine-tune our analysis—leveraging data-driven insights to foster a fair, competitive, and diverse environment.
gm BUIDLers 🏗️
It's been ~1 year since Uniswap Foundation took over the Uniswap Grants Program, and the results have been transformative!
Join us as we spotlight some completed grants which are laying the groundwork for the future of the Protocol. 🧵
These schools should be bastions of truth & righteousness. Their refusal to take a stand, to unequivocally denounce evil and champion good, is leading us down a path of moral decay.
This is not leadership. It's abdication.
2/4 2) Awesome Fellowship Programs like Flashbots, 0xParc, ZKFellows and others are oriented around adoption of some shared technology framework, but this is technology agnostic, defi-centric.
4/4 4) Along with the fellowship we're hosting a conference in Spring 2024 in NYC. FC and SBC cover Europe and the Bay, but this is the first DeFi research program with NYC at it's core.
3/4 3) We're able to commit long term to research over the next few years with support from
@UniswapFND
, which means fellows can find ways of continuing their research and even implementing it.
2023 saw crypto rebound 90% after winter.
As we enter 2024, a pivotal year awaits:
🦄 Uniswap v4
⬆️ Bitcoin's resurgence
🤑 RWAs and Tokenizing the World
👮 Regulatory Clarity
🎆 DA Chains & more!
Let's take a look🧵
stay tuned to learn more things i've been wrong about and will be wrong about but maybe ill be right about one thing: care homes rock and are the best option for seniors who need 24/7 AL.
4/ Aggregators play a unique role. Unlike MEV bots or arbitrageurs, their goal is best price execution. Aggregators may not be the most visible players, but they influence 6-10% of Uniswap's volume, showcasing their critical role in the DEX landscape.
I LOVE working at Livepeer, the team is exceptionally talented and committed to building a diverse team of engineers. Please RT and help us find our next teammate!
Do you want to work on something that has the potential of benefiting millions of people's lives through providing open access and equal opportunities for self expression? Livepeer is
#hiring
& committed to building a diverse team of video engineers:
#Jobs
This process is managed by solvers.
Solvers aggregate user intents into batch auctions to discover Coincidence of Wants (CoWs) - overlapping trade interests enabling direct peer-to-peer trades without liquidity pools. This saves on fees and slippage.
Solvers compete to optimize order routing and pricing across venues like Uniswap. The best surplus-maximizing solution wins, executing trades atomically via the CoW contract. Solvers earn a portion of the fee to incentivize optimization.
10 minutes until my talk with
@YondonFu
at
@EFDevcon
on Probabilistic Micropayments. A method for scaling payments on Ethereum today, with a working open source implementation, without relying on any layer 2 solution or any 3rd party. Join us in room B9 at 9:05am Japan time.
Our minds and hearts are still buzzing after the incredible discussions about
#blockchain
and
#video
at the first Decentralized Video Unconf. Hear a recap this Thursday during our Community call 12 EST. Join us: