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Wen Building episodes

  • Mental Model of L2s Dealing with MEV, w/ a Deep Dive in Starknet

    The first quarter of 2024 stands out as a period of remarkable growth for Layer 2 solutions (L2s). During this time, gas fees on L2s continued to decline, daily activities on select L2 platforms began surpassing those on the Ethereum mainnet, and a wave of innovative L2s with modular designs emerged. The prosperity of L2s also brings sequencer decentralization into the spotlight. With a multitude of both anticipated and unforeseen innovations shaping the L2 landscape, the evolution of MEV warrants closer examination.

    In this episode, Stephanie (@stephaniiee_ho) delves deeper into her MEV series alongside guests from Nethermind: Jorik (CTO of Nethermind) and Conor (@ConorMcMenamin9, a protocol researcher at Nethermind). Together, they explore a range of pertinent topics relating to L2s and MEV. This includes discussions on how MEV is extracted within the current centralized sequencer setting, the array of solutions for sequencer decentralization today, MEV opportunities and mitigation strategies in the era of sequencer decentralization, the mental models surrounding L2s addressing MEV, and the emerging options of outsourcing block proposal to a third party. Additionally, as part of Starknet’s design team, they provide insights into implementation considerations, which involve navigating realistic and complex challenges.

    While these discussions may appear premature given the many unknowns and ongoing projects still under construction, the real value lies in the mental models shared. These insights offer a glimpse into how protocol designers navigate the intricate and interconnected elements of MEV and L2 dynamics, providing a tangible understanding of the current landscape and its trajectory.

    --

    Wen Building is supported by Antalpa Labs. Antalpha Labs is a Web3 developer community dedicated to push the boundaries of crypto space by supporting the innovation and success of open-source projects.(https://labs.antalpha.com/hackerhouse/)

    This episode is also supported by Starknet | 中文 (@Starknet_ZH), a Starkpilled Chinese community.

    --

    Timestamp

    02:13 Introduction

    03:50 Tx life cycle on Starknet in the centralized sequencer setting

    06:24 MEV extractions on Starknet

    08:54 Unique MEV opportunities on L2

    11:15 The risk of reorg in zk-rollups

    13:27 A measure of L2 finality risks to be expected on L2beat

    14:42 An overview of the L2 sequencer decentralization solutions

    17:20 Introduction of Based Rollup

    18:28 Starknet's solution and rationale

    24:35 MEV extraction space after sequencer being decentralized

    28:06 Mental model of L2s dealing with MEV

    33:42 Is PBS necessary on L2? If yes, in what sense?

    39:40 Different options for outsourcing block proposal to a third party?

    46:05 Starknet's current priorities

    49:40 The perspective of protocol design

    52:40 Projects of Starknet and Nethermind that need your engagement

    --

    Disclaimer: Any projects or tokens mentioned in Wen building don't construe any financial advice. This podcast is just for informational purposes.

    --

    Resources:

    Nethermind: https://www.nethermind.io/

    Starknet docs: https://docs.starknet.io/documentation/

    Starknet forum: https://community.starknet.io/

    57 min
  • Ep9 Are We Heading Towards the MEV Dystopia? A Deep Dive into the Complexities in MEV Supply Chain & Available Mitigations

    After the Merge, the MEV landscape is grappling with an unexpected development— the integration of CeFi and DeFi searchers and builders.. A few powerful entities act like mafia getting access to each layer down the stack, posing substantial risks to Ethereum and users' funds. The question looming is whether we are inexorably progressing towards a MEV dystopia.

    In this episode, Stephanie (@stephaniiee_ho) achieves a milestone in her journey of MEV exploration with Danning (@sui414), a data scientist from Flashbots, who works at the forefront of MEV observation and analysis. They have a deep dive into the most crucial topics in MEV, commencing with an introduction to the components of the MEV supply chain. The conversation unravels the intricate dynamics between the two sophisticated roles, searchers and builders. Danning sheds light on Order Flow Auctions (OFAs), elucidating the distinction in efficiency and privacy setting between the two most significant OFAs. The discourse also touches on the increasing trend of transactions traversing private mempools.

    The conversation further delves into a pressing concern—the emergence of CeFi-DeFi searcher-builder integration as a potent centralizing force within Ethereum, making the MEV dystopia so tangible. Danning provides a comprehensive list of available tools and a user-friendly guide on how to navigate and mitigate the risks of MEV attacks.

    You can find the mentioned websites in the Resources.

    --

    Wen Building is supported by Antalpa Labs. Antalpha Labs is a Web3 developer community dedicated to push the boundaries of crypto space by supporting the innovation and success of open-source projects.(https://labs.antalpha.com/hackerhouse/)

    --

    Timestamp

    01:02 Introduction of Danning and Flashbots

    03:40 What is MEV supply chain?

    09:00 Complexities between searchers and builders

    13:10 What is Order Flow Auction and its landscape

    16:09 MEV Share vs. MEV Blocker

    23:54 OFAs have a high adoption rate in dapps

    25:51 Public mempools are going to dry up?

    26:42 The break down of MEV of order flows in private mempool

    28:00 CeFi-DeFi searcher builder integration

    33:30 We are heading towards the MEV Dystopia?

    37:03: Why observabiltiy and transparency so hard in MEV mitigation?

    38:40 Tools to observe MEV extraction

    44:00 Dark corners missing data

    46:11 Best practices for users to avoid MEV attacks

    48:14 Flashbots' upcoming releases

    --

    Disclaimer: Any projects or tokens mentioned in Wen building don't construe any financial advice. This podcast is just for informational purposes.

    --

    Resources:

    You can observe MEV activities through:

    zeromev.org

    libmev.com/dashboard

    EigenTx: tx.eigenphi.io

    EF researcher Toni Wahrstätter@nero_eth made the DotPics series:

    mevboost.pics (market share of builders, relays, and validators)

    censorship.pics

    tornado.pics

    mempool.pics (proportioan of txs in private pools)

    searcherbuilder.pics (searcher builder integration)

    Flashbots's data tool that aggregates five data sources from different node providers:

    mempool-dumpster.flashbots.net

    other resources:

    Flashbots Docs:docs.flashbots.net

    SUAVE:writings.flashbots.net

    EigenPhi Twitter space:x.com

    The MEV Supply Chain: a peek into the future of this industry:

    flashbots.mirror.xyz

    54 min
  • ep8 An Anatomy of CoW Swap: A Pioneer In Intent-Based Trading With MEV-Minimizing Approaches - Ft. Anna George

    If you are interested in DeFi and MEV, you might have heard of intent-based trading, frequent auction batch, solvers model, and Order Flow Auctions (OFAs). CoW Swap exemplifies the above innovations, organically incorporating them in a DEX product, ensuring optimal prices, the best routes, and MEV protection for end-users.

    In this episode, Stephanie (@stephaniiee_eth) and Anna (@AnnaMSGeorge), cofounder of CoW Swap, engages in a detailed discussion, delving into intricacies of CoW Swap's product design. The conversation explores how the trading cycle in CoW Swap starting with collecting users' trading intents different from the traditional transaction life cycle. Anna shed lights on how the security of users' fund is guaranteed when outsourcing transaction execution to sophisticated solovers; how to bootstrap an effective competition among solvers, which is the key component that takes intent-based trading to the next level; what are the strategies to continuously incentivize solvers and keep them behaved at the meantime.

    Their discussion extends to broader subjects such as how a new joiner perceives the presence of Uniswap, why CoW Swap embraces MEV minimization over MEV maximization, and why mitigation at dapp level makes sense.

    --

    Wen Building is supported by Antalpa Labs. Antalpha Labs is a Web3 developer community dedicated to push the boundaries of crypto space by supporting the innovation and success of open-source projects.(https://labs.antalpha.com/hackerhouse/)

    --

    Timestamps

    01:15 Introduction of Anna and CoW Swap

    03:48 Landscape of DEX Aggregators

    05:56 What differentiates CoW Swap from other DEX Aggregators?

    07:50 Trading cycle in CoW Swap

    10:54 Any risk for users to delegating transations executions to solvers?

    14:11 How CoW Swap brought intent-based trading to the next level?

    17:26 How CoW Swap boostrapped the competition among solvers?

    23:08 The sustainability of solvers' incentive policy

    25:21 Is the solver set permissioned or permissionless?

    29:22 The winning batches are sent through MEV blocker

    31:34 How CoW Swap effectively enhances user welfare?

    38:03 The first mover advantage of Uniswap

    41:31 Comparison with Uniswap X

    44:34 Why CoW Swap embraces MEV minimization over MEV maximization?

    46:44 PBS is a result of MEV maximization?

    50:10 Does mitigate MEV at dappp level make sense?

    55:50 MEV blocker provides broader MEV protection

    58:10 The roadmap of CoW Swap

    --

    Disclaimer: Any projects or tokens mentioned in Wen building don't construe any financial advice. This podcast is just for informational purposes.

    --

    Resources:

    Cow Swap https://twitter.com/CoWSwap

    MEV Blocker https://mevblocker.io/

    1 hr 3 min
  • ep7 Hyper Oracle Co-founder Kartin | seamless dev development with programmable oracles

    Welcome back to Wen Building podcast, this is an episode about Oracle, but forget about those traditional oracles used in blockchain. Cause we have Hyper Oracle here to present to us what are the new trend for Oracle space. In Hyper Oracle, they defined a network called zkOracle Network. what’s zkOracle and why it’s better than other traditional oracles such as Chainlink, The Graph, etc. In this episode, we will explore this landscape with Hyper Oracle’s co-founder Kartin.

    Guest: Kartin, co-founder of Hyper Oracle, X @0xKartin

    Host: Franci, X @FrancixDeng

     

    Timeline

    01:25 Kartin's personal background

    06:32 What are zkOracles

    09:12 What does Hyper Oracle provide to unleash imaginery space for dapp

    12:03 Computation ability and data source are key to DeFi 3.0

    15:29 What are zkGraghs

    17:49 Make assembly script become a provable language

    18:58 What can be zkAutomation used for?

    23:42 OPML and future roadmap

    29:08 Proof of oracle work

    30:25 Education and developer growth strategies

    32:02 Differences between zk-coprocessor and zk-oracle

    33:15 Vison for Hyper Oracle

     

    Related resourses

    Hyper Oracle: A Programmable zkOracle Protocol

    https://mirror.xyz/hyperoracleblog.eth/qbefsToFgFxBZBocwlkX-HXbpeUzZiv2UB5CmxcaFTM

    Hyper Oracle, Simply Explained

    https://mirror.xyz/hyperoracleblog.eth/FKvpIGI7fiuNr5rnTlFWAdxk4QCNFIR9rmqDPxWLc2w

    zkWASM, The Next Chapter of ZK and zkVM

    https://mirror.xyz/hyperoracleblog.eth/abKqUB4iEJ4kRsGqq8baIFUnhV_eY-lblmhCrwRm31E

    Latest Applications Building on Hyper Oracle (Bonus: Things You Can Build Now)

    https://mirror.xyz/hyperoracleblog.eth/Tik3nBI9mw05Ql_aHKZqm4hNxfxaEQdDAKn7JKcx0xQ

     

    Wen Building aims to engage in in-depth conversations with Web3 builders. It explores the cutting-edge technological developments in Web3, analyzes the mechanics of blockchain products, and observes industry trends and challenges.

    Homepage:https://labs.antalpha.com/podcast/

    Notion: https://www.notion.so/antalpha/Wen-Building-Homepage-e052297983e944f8a80f9e00f1871093

    Youtube: https://www.youtube.com/@Antalpha_Labs/podcasts

    Contacts:

    [email protected]

    [email protected]

    Donation!

    ETH Address: 0x18226b84677a7a59D0A498d428feE9208105D0F7

    35 min
  • ep6 EIP/ERC 仓库分家,谈谈以太坊治理组织与流程

    10 月底,"EIP-7329: ERC/EIP Repository split" 正式生效,现在 ERC 仓库已从以前的 EIP 库中分离出来。也就是说,EIP repository 主要针对核心以太坊协议变更,而 ERC repository 则针对应用层规范变更,以便提供更好的组织和治理以支持两个社区。

    借这一契机,Wen Building 邀请来了 LXDAO 联合创始人以及 EIP Fun 的 PM Bruce Xu,web3:// 以及 EthStorage 的创始人 Qi Zhou 共同来探讨这一变更给 builder 带来的一些影响,以及整个 EIP/ERC 治理流程的一些概要、问题和可以改善的地方。

    Guest

    Qi Zhou, Founder of web3://, EthStorage, X @qc_qizhou

    Bruce XU, Cofounder of LXDAO, PM of EIP Fun, X @brucexu_eth

    Host

    Franci Deng, Co founder of Wen Building, ex Editor @EthereumCN, X @FrancixDeng

     

    时间戳

    00:20 Intro 与嘉宾介绍

    05:00 简单介绍 EIP 及其分类与流程

    13:50 从社区共识的角度聊一份提案从诞生-定稿需要做些什么努力

    21:35 维护/促进 EIP 生态发展需要大家的努力,参与者大概可以分为哪些主要的 role?

    29:50 从在决策过程中的利益相关者多样性的角度聊聊 EIP core protocol开发流程的一些问题与改善

    36:55 EIP 与 ERC 的分家的目的与影响

    51:08 最后的一些呼吁与对 EIP/ERC 开发治理的一些未来畅想

     

    相关链接

    EIP Fun

    eips.fun

    ERC-4804: Web3 URL to EVM Call Message Translation

    eips.ethereum.org

    EIP-7329: ERC/EIP Repository split

    eips.ethereum.org

    Ethereum Request for Comments (ERCs)

    github.com

    Ethereum Improvement Proposals (EIPs)

    github.com

    EIP-1: EIP Purpose and Guidelines

    eips.ethereum.org

    Ethereum Cat Herders

    www.youtube.com

    AllERCDevs

    ercref.org

     

    Wen Building aims to engage in in-depth conversations with Web3 builders. It explores the cutting-edge technological developments in Web3, analyzes the mechanics of blockchain products, and observes industry trends and challenges.

    Homepage:https://labs.antalpha.com/podcast/

    Notion: https://www.notion.so/antalpha/Wen-Building-Homepage-e052297983e944f8a80f9e00f1871093

    Youtube: https://www.youtube.com/@Antalpha_Labs/podcasts

    Contacts:

    [email protected]

    [email protected]

    Donation!

    ETH Address: 0x18226b84677a7a59D0A498d428feE9208105D0F7

    57 min
  • ep5 Ingonyama | Making ZKP computation more seamless and democratized

    While we all care about how zk can make our life better, the tools that makes it easier is also crucial. In the past podcast, we talked about proving systems that might evolve a lot, which is something make proof generation more efficient. And we also talked about ZKML from the perspective of application and user cases.

    In this podcast, we move from software and algorithms to hardware. How hardware makes all these ZK things more seamless and democratized. We have Omer here in this episode, the co-founder and CEO of Ingonyama. And also, we have a co-host to help dive deep into some questions, Miles, the Chinese Ambassador of Ingonyama.

     

    Timeline

    00:00 Podcast inro

    01:17 Omer and Miles' self-intro

    04:24 What is Ingonyama and its primary mission

    07:05 Why zkp hardware acceleration and how it serves the whole system in terms of software, algorithms and hardware

    11:23 What makes zkp computation different from the past PoW mining?

    15:00 Talking about ZKP hardware adoption from the perspective of necessity beyond blockchain

    21:50 The fusion of academia and producing industry

    26:45 Ingonyama's main focus at the moment

    29:46 Intro to primary solutions for zkp acceleration and the path that Ingonyama takes

    35:10 What is ICICLE library used for?

    39:53 Which zk underlying primitive and elliptic curves does ICICLE support

    42:28 How will Ingonyama stay in the same line with zkRollup's developments

    49:04 What’s the vision for Ingonyama

     

    Related resourses

    Ingonyama official website

    https://www.ingonyama.com/

    Ingonyama Chinese Community

    https://linktr.ee/Ingonyama_CN

    ICICLE API - Behind the Scenes of GPU and ZK Provers, by Jeremy Felder

    https://www.youtube.com/watch?v=5EZCLFhZZxo

    Silicon Safari: A Survey from the Humble CPU to exotic silicon, by Tony Wu

    https://www.youtube.com/watch?v=yC5VN6l5kXM&t=1s

    ZK9 Hardware Acceleration & ZK Panel

    https://www.youtube.com/watch?v=BMiFxqifFYU

     

    Wen Building aims to engage in in-depth conversations with Web3 builders. It explores the cutting-edge technological developments in Web3, analyzes the mechanics of blockchain products, and observes industry trends and challenges.

    Homepage:https://labs.antalpha.com/podcast/

    Notion: https://www.notion.so/antalpha/Wen-Building-Homepage-e052297983e944f8a80f9e00f1871093

    Youtube: https://www.youtube.com/@Antalpha_Labs/podcasts

    Contacts:

    [email protected]

    [email protected]

    Donation!

    ETH Address: 0x18226b84677a7a59D0A498d428feE9208105D0F7

    52 min
  • ep4 PBS 吐槽小会 | 漫谈 MEV 真实数据揭示的扎心现实以及以太坊的中心化情况

    【时间戳】

    02:05 EigenPhi 的成立源于flashloan的出现

    03:11 以智能合约为主的数据与传统金融很不一样

    03:40 EigenPhi 不只是 MEV 数据分析平台

    05:43 MEV 数据是区分 DeFi 与传统金融的关键

    06:10 在区块链上所有竞争玩家的历史数据是fully observable的

    07:29 MEV 及其常见类型

    08:58 MEV 的好坏之分

    10:45 三明治攻击利润多但条件要求较高

    12:00 MEV 的情况比想象中严重

    12:50 以太坊基金会也逃不过三明治攻击

    13:58 MEV 进化地比想象的快

    14:53 普通用户保护自己免受攻击的方法

    17:20 在应用层减少 MEV 有一定收效,但应用不应该做这件事

    17:44 DeFi 的可组合性使得应用减少 MEV 成效有限

    22:09 The Merge对 MEV supply chain 的影响

    23:25 The Merge是否实现了设计者转 PoS 的原意

    24:02 The Merge后大部份交易的排序掌握在少数几个 builder 手上

    25:04 MEV supply chain的组成

    26:12 比较大的 searcher 都做了自己的builder

    26:38 独立的builder是很难赚钱的

    28:36 中心化的现象已经很严重

    30:30 从机制上看,PBS 的两个特点必定导致中心化

    36:44 需要看用户的真正使用情况

    38:59 PBS 和 AA 本质上在改变以太坊的共识机制

    40:07 OFA(订单流竞拍)是解决中心化的良药吗

    41:42 目前缺乏对订单流进行有效定价的方法

    42:16 是否确定性竞争是 OFA 能否解决中心化问题的关键

    42:53 OFA 本身是单边竞价

    43:37 MEV Evaluation 作为独立第三方提供数据促成交易

    46:18 MEV 不会被消灭,应该如何处理 MEV

     

    在本期播客,我们有幸邀请到了最大的 MEV 数据分析平台 EigenPhi 的 CEO 兼联合创始人 Mars Cheng 来从 MEV 的真实数据出发,聊聊 MEV。我们从 MEV 的基本概念,MEV 对 DeFi 应用的实际影响,应用层减少 MEV 举措的局限性,谈到到合并后在 MEV-boost 结构下严重的中心化问题,以及 PBS 路线图设计的不合理性。

    说实话,这期播客聊到最后让人略感沮丧,这也是超出了主持人在准备时的预期。MEV 一直是一个复杂而具争议性的问题,现在确实不缺乏质疑 PBS 路线的声音。希望这期播客可以抛出话题,引起更多人的讨论和关注,碰撞出更好的解决方案。

    Host: Stephanie@stephaniiee_eth

    Guest: Mars Cheng@kidrane

    相关资源

    EigenPhi twitter:https://twitter.com/EigenPhi

    MEV 对 Uniswap 的影响研究报告:

    https://eigenphi.substack.com/p/mev-impact-on-uniswap

    三明治MEV 对 CoWswap 的影响研究报告:

    https://eigenphi.substack.com/p/sandwich-mevs-impact-on-cow-swap

    MEV supply chain 利润分布的研究报告:

    https://eigenphi.substack.com/p/value-allocation-in-mev-supply-chain

    The MEV Supply Chain: a peek into the future of this industry

    https://flashbots.mirror.xyz/bqCakwfQZkMsq63b50vib-nibo5eKai0QuK7m-Dsxpo

    Order Flows: Kingmaker of the Block Builders

    https://noxx.substack.com/p/order-flows-kingmaker-of-the-block

    Order flow, auctions and centralisation I: a warning

    https://collective.flashbots.net/t/order-flow-auctions-and-centralisation-i-a-warning-v2/258

    51 min
  • ep3 zkML - 让 AI 更加可信以及链上自主性的可能性

    host:Franci @FrancixDeng

    guest: Hill @Hill79025920

    近几个月以来,不管是传统互联网行业还是区块链领域都在一定程度上受到了人工智能的冲击。随着全世界的互联网巨头陆续加入这场角逐,另一边,区块链的从业者们开始思考,这场人工智能争霸赛会给我们带来什么?当与构建 AI 应用和基础设施非常相关的数据、模型、算法、算力等等越来越可得时,我们需要思考什么?如果这一切都是在一个黑盒子中进行,我们还能信任它们吗?本期节目中,我们邀请来了 SevenX Ventures 的 Hill,一起探讨机器学习和零知识证明怎么样结合?区块链和 ZKP 如何平衡人工智能中的信任问题。

    Hill 在 SevenX Ventures 中担任 Research Lead。在加入 SevenX 之前,他早期在其他项目和区块链中有过许多岗位的经验,比如对 mechanism design 和 tokenomics design 的研究,也涉猎过产品经理和投资者关系的相关工作。

     

    时间戳

    00:55 关于嘉宾 Hill

    02:37 AI 生态的爆发,对目前发展状况的一些看法

    07:54 怎么理解 zkp 天然是区块链的补充

    12:28 信任问题如何影响着 AI 领域:AI 产生结果的不确定性;产生结果的方式是个不透明的黑盒子

    17:47 zkML 如何与区块链结合

    25:44 链上自主性:如何使得智能合约更加智能

    31:00 链上 AI 怎么样更为人所信任

    37:55 zkml 目前的发展阶段:助推力与瓶颈

    50:40 如何发现和满足市场的需求

     

    相关链接

    Hill’s writings

    https://hackmd.io/@Hill

    Balancing the Power of AI/ML: The Role of ZK and Blockchain

    https://mirror.xyz/sevenxventures.eth/3USbrj7kcK7lyq_7upA4iyWV5pWMII7KrM40z5zpEXo

    zkML: Evolving the Intelligence of Smart Contracts Through Zero-Knowledge Cryptography

    https://mirror.xyz/1kx.eth/q0s9RCH43JCDq8Z2w2Zo6S5SYcFt9ZQaRITzR4G7a_k

    Zero-Knowledge Machine Learning (ZKML): Projects Exploring the Space

    https://bwetzel.medium.com/zero-knowledge-machine-learning-zkml-projects-exploring-the-space-fc9d5f04fb65

    Checks and balances: Machine learning and zero-knowledge proofs

    https://a16zcrypto.com/content/article/checks-and-balances-machine-learning-and-zero-knowledge-proofs/

     

    免责声明:在节目里提及的任何项目和代币名称,均不构成财务和投资建议。

    1 hr 5 min
  • ep2 On proving systems - What ZKP builders need to know

    In the past few months,a rising star called NOVA, kind of got everyone's attention, especially those cryptographers and builders working on zk projects. Nova is an advancement in  proving systems. NOVA is actually what we call a folding scheme. Essentially it folds the same computation or operation over and over repeatedly, and it folds it into a proof size of o(1). Assume that we do 10 times, 100 times, 1000 times of the same thing, the outcome is gonna be around the same size. Proving system is core at the entire ZKP field and every builder who wants to implement applications with zkp needs to understand. In this episode, we have Dr.Cathie to  explain these complicated things to a more general public, hoping to inspire more builders who have been discouraged by moon math.

     

    host:Franci @FrancixDeng

    guest: Dr.Cathie @drCathieSo_eth

     

    Timeline

    01:16 Dr.Cathie's background

    02:37 A brief intro to NOVA

    05:50 How interactive zk proof works

    08:35 Non-interactive zk proof in blockchain app

    10:03 A high-level overview of how mathematics is being used in the proving and verifying process

    12:28 What does it mean to decentralize provers

    14:45 Changes to proving systems and the main popular ones

    18:57 Comparisons between groth16 and plonkish system

    21:42 The trend is to abstract proving schemes away from languages

    23:52 What are the challenges in terms of the proving and verifying process

    30:02 How nova can help tackle some of these challenges

    32:38 Other advancements in proving schemes - the novaish side and the plonkish side

    34:30 We need not to understand the moon math behind untill we start to build our zk app

    42:17 How proof recursion applied to ZK machine learning

     

    Related  resources

    Zero-Knowledge University

    https://zku.gnomio.com/

    ZKML PoC

    https://mirror.xyz/privacy-scaling-explorations.eth/K88lOS4XegJGzMoav9K5bLuT9Zhn3Hz2KkhB3ITq-m8

    What is ZKML and how can Devs get involved

    https://www.youtube.com/watch?v=GYWkRIZeANE&t=8s

    Nova ML

    https://github.com/socathie/nova-ml

    Proof Recursion in ZKML

    https://www.youtube.com/watch?v=3YYxMkNScH8&t=9s

     

    【Transcription】

     

    47 min
  • ep1 当我们在谈论如何 build DEX 时——DODO的实现

    host:Stephanie @stephaniiee_eth 

    guest: 雷达熊 @bear_radar

    【时间戳】

    00:48 邀请 DODO 的原因

    01:46 buff 叠满的web3之路:炒币—>进入 DeFi—>退学—>DeFi summer Dex 创业

    03:55 DODO 史前史

    05:54 Dex 的前世今生

    07:52 RFQ / intent centric(request for quota) 模式

    11:22 AMM / 池模式

    12:36 2020 DeFi Summer AMM 模式跑出的原因

    13:28 池模式的无偿损失不容易感知

    14:25 越来越多 LP 意识到自己在亏钱

    16:57 不同的市场环境会凸显两种模式的优势与问题

    18:13 Dex 面向的用户类型

    20:00 交易所是头部效益与滚雪球效益特别明显的行业

    21:11 DODO的产品设计是如何满足用户需求的

    21:22 做集中流动性的两个方向

    23:49 DODO V3 找到了平衡小白与专业LP的方法

    26:08 做市商的最大成本是 rebalance

    27:53 不同类型代币对的不同需求

    30:47 什么是无偿损失,如何计算

    33.40 Dex 常见的代币经济学

    34:51 Curve 的经济模型是成功的庞氏游戏(非贬义)

    38:15 DODO 成功的秘诀

    40:00 超越 Uniswap 的机会只能在下一轮牛市?

    40:50 Uniswap 的成功90%来自先发优势?

    41:54 Dex 与 Cex 的差距

    42:28 Dex 的逆袭之路

    44:08 Dex 与 CEX 的本质区别是什么

    47:41 DODO 希望提供市场流动性的竞争更强更专业

    51:38 DeFi 天然适合以去中心化的方式整合多人资源然后让专业经理人做大事的模式

    52:05 DODO X 跨链交易聚合

    53:42 DEX 目前buidl的热点:意图交易

    55:03 意图交易、rollup为中心和智能合约钱包描绘了同一个未来

    【文字稿链接】

    https://mirror.xyz/antalpha-labs.eth/Wl8R4-mKiZ1xMgqPyX3u_f1UN4IAzBEJb4AKcG6pjGw

    免责声明:在节目里提及的任何项目和代币名称,均不构成财务和投资建议。

    相关链接

    DODO research:https://twitter.com/DodoResearch

    DODO Blog: https://dodo-in-the-zoo.medium.com/

    Radar Bear: https://twitter.com/bear_radar

    57 min

About Wen Building

From the publisher's feed

Wen Building aims to engage in in-depth conversations with Web3 builders. It explores the cutting-edge technological developments in Web3, analyzes the mechanics of blockchain products, and observes industry trends and challenges.