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kenton
@KentonPrescott
amor fati | ex @rumpellabs eng makerdao
NYC
Joined August 2017
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    Rumpel’s time has come to an end. While this isn’t the ending we envisioned, we ran it hard, and I’m proud of what we accomplished. Over 4.5 years, the Sense/Rumpel team pursued two distinct visions in DeFi — fixed income (Sense) and liquid point incentives (Rumpel). We raised
    After four years and two protocols, Rumpel Labs is winding down. The market isn’t yet ready for liquid point incentives. Our engineering team is joining @0xProject. To every user, investor, and supporter who took a chance on us — thank you. Wind down details below 👇
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    You all don’t know how much of a joy it is to launch on Eth mainnet while gas prices are low
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    Kind of wild that @CryptoHayes was both: - the first (ever) to commercialize perps via BitMEX - and also the one to conceive of the delta neutral stablecoin idea (eg Ethena), which is uniquely enabled by perps People should start calling him Arthur Perps Hayes
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    Points aren't going anywhere. Lean into the meta and learn how to best leverage them in a first-of-its-kind guide to Pointenomics👇 mirror.xyz/kenton.eth/WLQ… Inspired by chats with point issuers and research into 20+ point programs, this 3700-word essay unveils the benefits,
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    While at a holiday dinner, you’re asked: “why is DeFi better than TradFi”? For anyone, a *complete*, engaging answer is nearly impossible. Until now. Introducing TEACP 🫖, a fool-proof acronym to unpacking the key pros of DeFi. Let’s prep the tea leaves 🧵/x
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    Today, we’re sunsetting the Sense Protocol. I’m grateful for all the support from the team, our investors, and the broader DeFi community. What’s next? Using everything we learned at Sense, I’m excited to share that we’re building a new protocol. Something bigger and better.
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    Replying to @ashleevance
    "I'm sorry, who are you?" lol
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    Replying to @JamesWynnReal
    This guy has balls. was -$10m of uPnL the day before
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    Replying to @rogerkver
    Forceful branding is not pleasant
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    Can we just appreciate how absolutely insane this is post-merge $ETH growth is less than $BTC. That's because PoS is a more capital-efficient consensus method than PoW, so it takes fewer block rewards per unit of investment to incentivize validators. H/T @ultrasoundmoney
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    After chatting with numerous LRT teams, AVS networks, and operators, I’m excited to share some research on the challenges of sourcing and maintaining economic security in the @eigencloud ecosystem. Here’s what to expect 👇
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    Immensely grateful to all of our users and partners for trusting the protocol and helping to bootstrap @RumpelLabs You will be remembered… And rewarded. We’re still so early. $1B coded.
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    This is awesome. Earlier today, the @HyperliquidX community launched their own Hyperliquid point token, $LPOINT. Below I break down its performance, how it compares to @WhalesMarket, and how @RumpelLabs can & will make another, more accessible, liquid version of $LPOINT 👇 ~~~