Proph3t
@metaproph3t
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Following
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founder @MetaDAOProject . hacker / aspiring cult leader
Solana💘
Joined July 2022
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Pinned Tweet
I wrote a guide for people learning about and considering contributing to
@MetaDAOProject
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crypto doomerism 🌧️
- memecoins are crypto’s only use-case
- narrative > reality
- once i make it, i’m out
crypto optimism ☀️
- DeFi will eat TradFi
- we can and shall re-engineer human coordination
- in it to play long-term games with long-term people
I pick ☀️
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feels like DePIN is the only part of crypto that looks like an actual industry
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Only blockchain narrative that matters:
Bitcoin invented it, Ethereum generalized it, and Solana scaled it.
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is it imposter syndrome if you constantly feel like you’re not grinding hard enough, that you’re lazy?
anyone else have this? any known workarounds?
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😭
Devs gathered in a hacker house are testing out a radical form of governance.
Called "futarchy," it entrusts the market with total control.
@realdannynelson
reports from
@mtndao
on
@MetaDAOProject
's experiment in "futarchy."
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a memecoin where you mine coins by tweeting about the memecoin
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I heard you guys like TPS, so I wrote a Solana token implementation that quadruples maximum throughput from 28.5k TPS to 115k TPS
short thread
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Bankless investment in Monad highlights the power of markets
you can tell your following all day that alt-L1s are a joke and that only L2s / Ethereum will win, but the truth tends to come out when there are dollar-denominated opportunities on the table
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Celestia is currently trading at a $19B FDV
how hard can it be to fork the codebase, recruit some good validators, and reach out to L2 BD teams?
or is TIA a currency now too?
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all the reasons why Solana is fast
a bullet-point thread
hint: only 3 of the 18 reasons are hardware
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MetaDAO approved my +
@metanallok
's compensation
TL;DR:
- $90k/yr salary
- 0-10% of supply, where we get 2% for every $B of market cap
- 4 year lockup
crypto is largely a cesspool of PvP short-termist extraction.
@MetaDAOProject
is different 🦾
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fun fact: token accounts are 156 bytes big even though 99% of them only need to be 8 bytes big, costing Solana users 12 cents per account
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join the discussion, futards!
I'm bullish this prop because:
- $250,000 in cash to help fund operations
- large potential synergies between
@MetaDAOProject
and
@ColosseumOrg
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deciding to build on Solana was the best decision I've ever made in my life
smol appreciation 🧵
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today i finally completed my conversion from etherean to solana manlet: i went to the gym
it was painful and i almost threw up, but i did it!
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I did it.
I told myself I wouldn't do it, but I couldn't resist.
I rolled my own CLOB. Here's the story:
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damn, Zeus community so stronk that each viewer is liking the post multiple times
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it's crazy the disconnect between the ppl who actually understand crypto and the ppl who've been able to build a normie audience
@armaniferrante
&
@0xMert_
are good counter-examples
how do we rally around more Armanis and Merts?
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problems yet to be solved at scale:
- key management for normies
- undercollateralized lending
- RWAs
- decentralized stablecoins
- AMM where LPs don't lose money
- fraud / validity proofs
- decentralized governance
- toxic MEV
- trust-minimized oracles
- public goods
- SC bugs
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I'm so tired of all the blockchain wars...
Can we all just agree to only build on Solana from now on?
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with three active proposals and a volatile spot market, futarchy is being put to the test
fires are burning; software needs to be patched
and yet in this moment when I should feel stressed I instead feel immense gratitude for the futards
ty for coming on this journey with me❤️
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peak mental clarity was when 0 ppl knew who Proph3t was and i was grinding away in obscurity
every day i spend in DMs, emails, and meetings dulls the sword
this is why we need organizations that push power to the edges instead of keeping it in the hands of insiders
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starting to sink in that i can’t use my insider status to extract wealth from the DAO
damn… futarchy sucks
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we need a Silicon Valley who’s primary output is institutional innovation instead of technological innovation
technology has improved a ton over the last 50 years; governments and corporations look the same
must fix this
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I will say, just so that we don't get too carried away:
- futarchy has a credible shot at reshaping governance, but it could also be broken
- lots of things to be improved in our implementation of it
- today the DAO has no revenue-generating products in prod
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we need someone who’s good at narrative / growth working on MetaDAO
this is a credible shot at making history. i cannot over-emphasize how impactful futarchy will be on our world.
if you’re a long-term oriented and effective person who has this skillset, plz reach out to me or
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My Eth/Sol cultural framing:
Ethereum is a champagne socialist, using a facade of idealism to obfuscate a strategy of restricting supply & extracting value from users
Solana is an industrialist, pragmatic but fundamentally focused on maximizing supply (which creates welfare)
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you should be extra kind to strangers in crypto because you never know who’s alt you’re talking to
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the difference between this cycle and the others that i’ve observed is that most market participants don’t seem to actually believe in crypto long-term
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all I need are some market nerds, a few idealists, and a whole lotta degens
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new rule:
manlets aren't allowed to shit on L2s / Eth until Solana works again
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temporary
@MetaDAOProject
HQ in Kuala Lumpur 🇲🇾
room for 5 starting in May - futards assemble!
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just one more voting system bro. i promise bro this time’ll be different. bro. don’t you want community governance, bro? please bro just one more voting system. please bro, just one more.
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was reminded this morning how precious life is
grateful to be working on something I find meaningful with people I respect ❤️
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time to migrate all my usage to
@xNFT_Backpack
!
will be easier to sleep at night knowing that my funds are in the hands of open-source code, not a development team 😴
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super excited for the launch tomorrow
I truly believe that this could be the use-case that justifies crypto's existence
will be a fun experiment either way!
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just hopped off a call with several billionaires, they're all bullish futarchy
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easter egg:
@MetaDAOProject
's security.txt files contain the discounted cash flow equation
so even if the world collapses into dystopia and all that remains is a few nodes running Solana, the world will never forget how to value capital assets
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all i want is to fundamentally re-engineer human coordination
is that too much to ask?
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lmao, Mert power is real
Ok in case I get canceled soon — here are good technical content solana folks:
-
@buffalu__
-
@y2kappa
-
@edgarpavlovsky
-
@crispheaney
-
@segfaultdoctor
-
@7LayerMagik
-
@metaproph3t
-
@CantelopePeel
-
@0xrooter
-
@_ilmoi
-
@0xrwu
-
@armaniferrante
-
@redacted_noah
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last week i was on a space w Robin Hanson and he explained how the optimal TWAP would work, then “if that doesn’t make sense, learn some statistics”
so now i’m learning statistics
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in a few hours I'm going to raise a proposal that could fix crypto's incentives, forever
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> account created march 2024
> “all-in-one Liquidity Nexus on Solana powered by AI”
> 1.5M views
the people are retarded 😭
Announcing $INTRO LBP Public Sale
1INTRO is building the all-in-one Liquidity Nexus on Solana powered by AI.
$INTRO will be the first LBP on the 1LBP platform 👇🏼
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2K
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I have compiled some learnings obtained by spelunking the Solana codebase. For those interested:
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apologies for delayed responses across all platforms
no idea how ppl like
@0xMert_
handle this level of information inflow
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for fun, I wrote a simple version of AccountsDb over the weekend
228 LOC, compared to the 40k LOC in the labs validator client
if you apply that same rate of compression across all modules, I'm not crazy 🙂
Call me crazy but I think it would be possible to implement a pared down version of Solana in fewer than 5k LOC
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> 187 files changed
> +7,515, -6,372 code changes
> single commit with name "Fix IDL"
Fixed almost all issues with the Anchor IDL!
- New IDL spec
- Rewrite IDL generation
- TypeScript improvements (account-resolution, no case conversion...)
If you depend on Anchor in any kind of way, consider giving feedback.
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price discussion aside, it’s uncanny how many similarities
@OreSupply
and
@MetaDAOProject
have
both anon founders, both backed by
@ColosseumOrg
, both hugely ambitious, both professional
@aeyakovenko
nerdsnipes, etc.
alpha thread. There are two massively undervalued projects right now. Both have tokens. Both built innovative products. Both have a super technical anon founder who's on a mission to bring fundamental changes to the solana ecosystem. Both have a 1000 true fans type of community.
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anotha' one
10+ in, I think I've figured out Toly's algorithm for picking what to RT
if (improves purple chain speed || demonstrates use-cases of purple chain) {
post.retweet();
}
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.
@jon_charb
,
@TusharJain_
, and me 🙂
@twobitidiot
@UnlayeredPod
for sure
Solana Fee Markets w/ Jon Charb
Why crypto matters w/ Tushar Jain
Building a world free from currencies
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lol wat,
@solana
tweeting about futarchy and MetaDAO
Today, we learn something together from
@heliuslabs
' blog -- a perspective on the future of DAOs.
DAOs have a mixed record of collective decision-making. Many people have written off DAOs. What could DAOs 2.0 look like?
Enter Futarchy.
Imagine you and your friends are trying
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the fact that EVM has one dominant block explorer and SVM has four is incredibly under-discussed
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I feel like crypto is the best industry in the world to make friends
many of you probably understand my personality / way of looking at the world more than my own family lmao
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this man has now RTed me like 10 times... feels surreal every time
6 months ago I was a nobody anon with a dream to build a futarchic DAO on Solana
@7LayerMagik
discovered me, mert & toly boosted me, and now I feel like when we launch (soon-ish!), a few ppl are gonna show up
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seriously impressed w/ the Jupiter decentralized meta roadmap
(🥧,🥧)
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174 submissions x 5 mins of review per submission = 14.5 hours of review 😭
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one of the reasons why crypto is such an effective casino is that you can easily fool yourself into thinking you have an edge over the house, which is hard to do in a real casino
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currently the most productive i’ve been in years 🦾
two things that did it for me:
- working in an office w/ a teammate
- aggressively trimming stuff i didn’t need to do
get ready for some massive upgrades to futarchy’s UX & security 🙂
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hmmmm... I wonder why a dev could be grinding for keys that start with mert 🤔
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😔 sad we let the community down this time, all we can do is be better in the future
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since I'm going to Breakpoint, figured I might as well dox...
I am Vitalik
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can anyone connect me to someone who can create hype / announcement videos like this?
I'm willing to pay $500-1k in Solana USDC
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1/ We missed the birth of democracy. We will not miss the birth of futarchy.
Colosseum’s proposal to invest in the
@MetaDAOProject
has passed!
Proposal:
Market Results:
Why we are excited to be MetaDAO's first venture investor🧵
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update: gained 3 lbs of muscle so far 🦾
today i finally completed my conversion from etherean to solana manlet: i went to the gym
it was painful and i almost threw up, but i did it!
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I'll be at
@mtndao
the whole month
if you want to say hi but don't know what I look like, I'll be the one with the golden mask and the glowing blue eyes
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today I deployed IDLs on-chain, added security.txts, and made builds verifiable
I've been a good internet citizen *pats self on back*
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really need to sort out my opsec
currently have 80% of my net worth on hot wallets lmao
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cryptocurrencies must originate from the L1 region of France. otherwise, they're just sparkling memecoins.
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in case you missed it, today the market appointed me and
@0xTuti
benevolent dictator for 3 months (BDF3M) of
@MetaDAOProject
may our capital efficiency be abundant, our ROI plentiful, and our idiosyncratic risk easily hedgeable 🙏
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6 months ago I was a nobody anon dev tweeting into the void
now I'm directing high-speed traffic in
@MetaDAOProject
Discord
this is still day 0, but I'm excited that there are at least a few people excited to go on this journey with me ❤️
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99% of crypto is a scam, but it's worth it for the 1% that will change the world
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tomorrow, we finalize the first market-governed decision in the history of human civilization
about 40 people have participated by trading in the conditional markets, and I think that’s pretty cool 🙂
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working with a concentrated liquidity AMM is making me wish I never learned how to program
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It's live!
Introducing Vota, a vote market on
@Solana
.
Trade your 🗳️ for 💸, starting with
@The_Saber_DAO
gauge votes.
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when i meet ppl in DePIN, i’m always like “oh wow some normal people who care about stuff outside of crypto”
i’d be willing to bet that some of them even have hobbies
feels like DePIN is the only part of crypto that looks like an actual industry
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apologies to everyone for delayed responses across all platforms
have been deep in the code past couple of weeks to get futarchy-as-a-service ready for audit, will resurface by this weekend
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watched Jon Cinque's talk on token-22
it appears that my knowledge is out-of-date
transfer hooks are rlly cool and may solve a lot of these issues
why not token-2022?
a few people have asked this, so here's a smol thread
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since the start of December, Orca has been doing ~$250k - $1m / week in fees flowing to the DAO treasury
that's a run rate of $13m - $52m
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i had a dream that SOL went to 800 and we all rode off into valhalla together
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