Founder: JoPay Labs

Joined February 2021
85 Photos and videos
Pinned Tweet
6 reasons why @0xPolygon needs to change its $POL economics. #1 — Compounding concentrates fees in the hands of a few
1 of the 6 reasons why @0xPolygon needs to change its $pol economics ASAP: The top 5 validators received 45% of the March 17 payout $1.5 M in POL. Those fees can be restaked, increasing their stake, increasing their next fee allocation. This is compound interest — exponential growth for a small group, while 30,757 delegators compound on emission rewards only, which continue to decrease. As priority fees grow and emissions shrink, stake concentrates further and delegators have diminishing economic incentive to participate — directly threatening the network’s long-term security budget. Full PIP live on the forum: forum.polygon.technology/t/p…
7
1
29
5,580
Just Hopmans retweeted
1/ Meet Zachary Wolk (@zachxbt), the crypto investigator who's exposed $500M in fraud. He investigated everyone. Nobody ever investigated him. I found him in a free neighborhood paper. Also found ~$5M of "donations" from the people who never appear in his threads.
1,074
470
4,862
2,134,461
BreakIN Update on $BILL: The team let us know that @billions_ntwk is now an independent team, so they've been pushing for clarity themselves. But the Bill team is still going to do the airdrop — and it’s expected soon! Thanks @Smokey_ and @davidesilverman for the clarification.
8
2
15
1,379
Have you ever heard of smart contracts? They’re called smart because they execute automatically — no intermediary, no processor, no human approval. A credit card can’t interact with a smart contract. Stablecoins can. That’s the difference. An agent with a credit card still needs Visa, a processor, a merchant acquirer, fraud checks, and 3-day settlement. An agent with stablecoins signs a transaction and it settles in seconds. Programmatically. Trustlessly. Cards are optimized for humans. Smart contracts are optimized for agents.
I don't understand the premise that "agents must use stablecoins." Why can't an agent remember the 16 digits of a credit card? Sorry maybe I'm a payments n00b. Stablecoins have a lot of great use cases, but ecommerce shopping is pretty well optimized already for cards.
1
8
897
Just Hopmans retweeted
1/8 2nd Airdrop Update As you know, our first airdrop was based on the old system (PIP-65), where 100% of priority fees went to validators and were fully dependent on pool size Starting with the next payout (estimated in ~10 days), PIP-85 changes everything
2
2
8
838
Just Hopmans retweeted
I risked my capital so you didn't have to 2 weeks ago, I deployed $400 to find out... 🤔 sPOL vs dPOL: Which is better? - 1500 POL to sPOL (liquid stake) - 1500 POL to Legend Nodes (traditional stake) - 1500 POL to Pathrock (traditional stake) Yesterday, delegators received a share of priority fees: - @LegendNodes : 8,609 POL (38% share) - @pathrock2 : 469 POL (30% share) RESULTS: 👍 I received 4.55 POL from Legend Nodes 👍 1.61 POL from Pathrock 🤏 Meanwhile, my sPOL only appreciated by 1.57 POL 🎂 BONUS: My 1500 POL stakes appreciated from $126.04 to $143.30 🚀 - Even a small validator like Pathrock is more generous than sPOL validators - Let's see if this keeps up 🔮 Will update the numbers here every ~2 weeks!
sPOL vs dPOL: Which is better? @0xPolygon just shipped sPOL: a liquid staking token which grows with... 🥩 staking emissions 🥩 part of priority fees from validators dPOL is the receipt token for old-school staking which yields 🥩 staking emissions On paper, sPOL wins, but... @pathrock2 @LegendNodes are dPOL validators that are already sharing their priority fees with delegators 🤔 Which begs the question: Which rewards MORE? To find out, I've staked 1.5k POL with all 3 options & will update with the results! Which one do you think will be more rewarding? dPOL or sPOL?
8
7
120
3,447
DPOL is underway.
Airdrop distribution is now underway and will be completed within the next 24 hours
1
3
388
Just Hopmans retweeted
Airdrop distribution is now underway and will be completed within the next 24 hours
1st Airdrop Update: - Priority fees collected: 33,210 POL - Infra costs: $929 (~10,556 POL) - Net: 22,654 POL - Share rate: 38% (pool size 10-20M) Total airdrop = 8,609 POL Payout: May 1st Only delegators who staked continuously from April 1–30 are eligible 2nd airdrop 👇👇
3
3
7
1,115
Just Hopmans retweeted
Genuinely WTF is going on with DeFi this month? Just an insane number of code exploits, oracle exploits, bridge hacks, and key compromises: LayerZero | $292M | April 18 | rsETH bridge exploit Drift Trade | $285M | April 1 | Compromised Admin Fake Token Price Manipulation Rhea Lend | $18.4M | April 16 | Fake Collateral Exploit Grinex | $15M | April 16 | Hot wallet hack Sweat Foundation | $3.5M | April 29 | Refund_first & Refund_second Logic Exploit Volo Vault | $3.5M | April 21 Hyperbridge | $2.5M | April 12 | Fake State Proof BSC TMM/USDT | $1.67M | April 4 | Reserve Manipulation Attack Purrlend | $1.5M | April 25 | Fake Bridge Address Giddy | $1.3M | April 23 | Incomplete EIP-712 Signature Coverage Aftermath Perps | $1.14M | April 29 | Fee-Accounting Logic Flaw Aethir | $423K | April 9 | Acces Control Exploit Singularity Finance | $413K | April 27 | Oracle Misconfiguration Exploit Dango | $410K | April 13 | Donate Negative Amounts Hack Silo V2 | $392K | April 3 | Misconfigured Oracle Exploit Syndicate | $330K | April 29 | Commons Bridge Exploit ZetaChain | $300K | April 27 | GatewayEVM Contracts Exploit JUDAO | $228K | April 28 | Flashloan Exploit Scallop Lend | $150K | April 26 Quant | $138K | April 28 | Access Control Exploit Zerion Wallet | $100K | April 14 | Hot Wallet Compromise via Social Engineering Kipseli | $80K | April 22 | Flawed Quoting Logic MONA | $60K | April 13 | BurnAddress Accounting Exploit SubQuery Network | $60K | April 12 | Acces Control Exploit Juicebox V3 | $52K | April 20 | borrowFrom Spoof Attack Thetanuts Finance | $50K | April 20 | First Depositor Attack Litecoin | April 26 | Zero-Day Bug & DDoS Exploit
63
32
282
25,117
Just Hopmans retweeted
PIP-87: Fixed Cost Payments Program This proposal introduces a fixed-cost program to provide predictable, fiat-denominated pricing on blockspace for payment companies building on Polygon. Fees from the program will flow to the ecosystem via PIP-82, PIP-85 and EIP-1559 systems. The goal: align the Polygon Chain’s pricing model with the requirements of payment providers, while strengthening the link between network usage and POL value accrual. See the PIP: forum.polygon.technology/t/p…
9
22
141
7,434
Starting today, agents can become @Cloudflare customers via @stripe Projects. Flow: – Stripe = identity payments – Cloudflare = infra execution – Agent = orchestrator Agents can: – Create accounts – Register domains – Start paid infra – Get credentials instantly All without human signup. This is the real stack forming: Stripe → economic layer Cloudflare → execution layer Agents → operators What’s your agent building next — and is it actually shipping or just prompting?
1
4
300
Just Hopmans retweeted
Replying to @AirdropGlideApp
1. Polymarket hasn’t announced they’re leaving Polygon. They have announced they’ll (probably) build their own chain to configure it to their specific needs - and that makes tons of sense and can actually happen using Polygon tech (CDK) 2. Meta is pragmatic and can’t be bribed by short-term chain ecosystem grants. Turns out real usage is the best pitch deck. Meta chose the 2 chains that actually move USDC at global scale. 3. Polygon is 100% focused on payments. We’re creating dedicated payments products on top of our chain. You’ll see more and more of these companies choosing payments-first chains/companies like us. Visa and Modern Treasury were also announced yesterday and the pipeline is sick
5
25
363
Just Hopmans retweeted
Polymarket is leaving @0xPolygon. Is this the end for Polygon? @Polymarket announced that it is leaving @0xPolygon. The X community immediately declared @0xPolygon dead, because they have nothing new or exciting to say about the projects they are invested in. Most likely, @Polymarket will launch its own L2 and connect it to @Agglayer. This could increase Polygon’s revenue even more than before. Still, let’s assume this scenario does not happen. Below is a list of blockchains ranked by monthly revenue. @0xPolygon currently ranks as the 5th highest-revenue blockchain, with $1.94M in monthly revenue. @Polymarket is responsible for roughly half of that amount every month. If we remove both @Polymarket and Agglayer-related revenue from the equation, @0xPolygon is left with around $1M in monthly revenue. In the current landscape, that would move @0xPolygon from 5th to 6th place in monthly blockchain revenue. Now let’s assume @Polymarket never existed. Let’s compare Polygon’s remaining revenue with some other well-known networks. Monthly network revenue: Polygon — $1M Avalanche — $135K TON — $85K Cardano — $10K Sui — $6K Even without Polymarket, Polygon’s monthly revenue is still roughly 7.4x Avalanche’s, 11.8x TON’s, 100x Cardano’s, and 167x Sui's.
7
5
65
5,567
Just Hopmans retweeted
This is my 3rd week as VP of Engineering DeFi at @Polymarket , and I'm going to be straight: the traction @Polymarket has seen has massively outpaced our infrastructure, and we haven't done nearly enough to scale to keep up. I hear you, and fixing this is our entire focus. We're a major company now, and we need to engineer like one. Here's exactly what we're doing: - Onchain data latency. We're working on making this near-instant so the experience is incredible. - Chain migration. We need more block space, cheaper gas and much smaller block times so settlement is instant. - Transactions are getting cancelled. We understand this is one of the most frustrating issues right now, and we have a complete fix coming very soon. - Massive focus on the website to make it faster, more responsive, and with better UX. - We added observability everywhere. Proper alerting so we catch issues ourselves, market makers should not be the ones telling us something is down. That's been unacceptable, and we know it. - E2e tests throughout, starting with the CLOB, so issues get caught in CI before anything ships. - CLOBv2 is not a rewrite. It won't improve performance or stability on its own; it's an upgrade that unlocks us to move fast right after. We'll do better with communication next time. - We are rebuilding the CLOB from the ground up. Most important thing we're doing. Without it, we can't be the best DeFi exchange in the world. We know it, we're on it, it's mission critical. - Unified TypeScript SDK for all APIs, which is shipping soon. - Unified API. One WS connection for everything, with a schema that's actually readable. - New Polymarket contract in the works that unlocks things that are simply impossible on the current protocol. - New hires: Head of QA Automation, Head of Dev Tooling, Head of Internal Tooling, Head of Data Engineering. - Smaller, dedicated teams. Fewer focus points per person, clearer ownership. People do what they're good at and are accountable for it. - Working closely with customer support to give them real debugging tools so any user issue gets properly diagnosed, not lost. - Proper communication with marketing and market makers so everyone knows what's coming and when, and MM can submit feature requests with a clear path to get them into engineering and shipped. - Working with 4 security teams daily to ensure we're super secure and that funds are always safe. - Perps incoming. Brand new contracts and a backend built from scratch in Rust. We're proud of this one. - A lot of other fixes are running in parallel right now. Starting next Friday, I will be posting weekly engineering updates. I joined because I genuinely believe in what @Polymarket is trying to do. @shayne_coplan built this so the world has somewhere to go to find out what's actually going to happen, not what the media thinks, not what a pundit says, but what thousands of people are willing to put money on. But right now, our engineering isn't living up to that. We've let people down, and I'm not going to dress that up. I came here to fix it, and that's exactly what we're going to do. The next few months are going to speak for themselves. Stay with us.
874
255
2,514
1,227,705
Just Hopmans retweeted

33
9
117
13,059
Just Hopmans retweeted
Over the past month, some of you reported Claude Code's quality had slipped. We investigated, and published a post-mortem on the three issues we found. All are fixed in v2.1.116 and we’ve reset usage limits for all subscribers.
1,916
2,586
39,776
6,472,692
RT @ensdomains: ENSv2 is coming. A new foundation for names, built for integrations and subnames at scale. What will you build? https://t…
86
Just Hopmans retweeted
I'm hiring for my team at @0xPolygon 🚀 In this position you'll work with me on AI initiatives across the organization in various different capacities. From working with AI, building agentic tools, and more. Apply here: jobs.ashbyhq.com/polygon-lab…

37
40
500
37,670
We need to take bridges more seriously. @Agglayer is the solution.
End of day, crypto is bridges and assets all the way down. Yet the industry takes bridge security lightly: $10 billion in exploits over the last decade, almost all involving bridges at some point. We need to take bridge security more seriously. 🧌🌉🌉🌉🌉🌉🧌
16
550
Just Hopmans retweeted
A single forged signature triggered one of DeFi's worst weekends. Agglayer kept operating, processing $200M in bridge volume. Uninterrupted because its security relies on math, not people. This is why: polygon.technology/blog/aggl…
17
30
188
20,220
Just Hopmans retweeted
THIS WAS GENERATED WITH GPT IMAGE 2 IT’S GETTING HARD TO TELL WHAT’S REAL
37
7
97
53,970