William Villanueva

@villanuevawill

Joined on Jun 18, 2019

  • The Audit covers a simple on chain fee program and a more expansive set of WASM modules as part of our new Signer release. Signer Overview The system uses a custom hardware and software implementation, combining a Hardware Security Module (HSM) with Trusted Platform Modules (TPM) on dedicated server hardware. It's a non custodial, fast signing and key management software. Key security features include: Secure boot process: Only pre-authorized firmware, kernel, and application versions can access the identity key controlled by the TPM. Unikernel approach: A custom, minimal Linux kernel and KMS application are combined into a single binary, reducing attack surface. Remote attestation: TPM features allow verification that only authorized KMS applications are running in an approved state. Encrypted master key: The KMS master key is shared across instances but only decryptable by authorized systems using their identity key. Hardware isolation: Use of dedicated hardware with disabled remote management functionality enhances security.
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  • Frontend Developers Boosty Labs Pros seems fairly standard from a foreign devshop perspective web3 native seems capable of the job will likely be able to move quickly could possibly do design and build fairly adaptable (augmented development/isolated)
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  • Column 1 Column 2 Column 3 Text Text Text Serves as a resource to keep up to date with the current progress, dicussions and definitions in current eth 2 phase 2 work.
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  • Hyperdrive is the next research leap from the Element team on variable and fixed rate primitives. No preset expiration dates, no fragmented liquidity, and no LP rollovers, aka everlasting liquidity. A New Way To Trade Rates The hyperdrive AMM introduces a market sentiment indicator (MSI) for DeFi interest rates. Almost all DeFi interest rates are constantly changing (sometimes by the block). In order to gauge market sentiment, a balanced system of longs and shorts must exist between fixed and variable rates, in order to capture the wisdom of the crowd. Hyperdrive provides this. The fixed rate represented in Hyperdrive is the market sentiment indicator. Hyperdrive lets users short or long the sentiment indicator. If a user thinks the sentiment indicator is too high, they'll go long because they like the fixed rate. If they think it is too low, they go short because they like the variable rate. Which side are you on? Economists, they've made total fools out of us Overview
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  • 1/ Why are there so many different L2s or rollup flavors? Why the ever-increasing complexity in the zk-rollup space? Cairo, Noir, zkEVM, Zinc, Miden, Nightfall What if I told you all the diversity is a good thing. Your DeFi app can pick its flavor 🧵 2/
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  • The Lido protocol currently pays out rewards to deposit into the liquidity pool for stETH on curve. This encourages stETH offramp liquidity but has limitations: LDO has constant sell pressure from auto-compounding, the pools can shrink as the LDO market cap varies [esp. post withdraw], and LPs can pull out when the liquidity is most needed in steth deleveraging events. We propose a solution to these problems using a new liquidity mining mechanic developed by Element Finance. This solution creates high fixed rate ETH/stETH bonds for depositing into the curve liquidity pool for a guaranteed duration, let’s say 2-3 years, and enables people who are long LDO to buy the right to future emissions now while freeing up their capital, decreasing the need to regularly sell LDO. Benefits: Guaranteed stETH liquidity for multiple years. Stability of liquidity pool through stETH deleveraging events. High fixed rate ETH/stETH bonds give liquidity providers exposure to LDO rewards without needing to hold or sell LDO. Liquidity providers have further avenues of revenue via trading fees on bonds.
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  • New tx - tx1 New tx2 - future nonce queued: [tx2], promoteExecutables(), broadcasts() pending: [tx1],
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