People had a problem and thought: ‘Hey, let’s use distributed systems to solve this problem!’ Now they have 2^n problems…

TLDR deep dive into @ZEITFinance under the hood, came out pretty elegant imo: A minimal onchain share vault (boring-vault pattern: Vault Teller Accountant FeeManager) wrapped around an offchain solver that turns Polymarket trading into a clean ERC-20 you can deposit into. One atomic roll Every epoch, ALL deposits withdrawals settle in a single rollEpoch tx. Shares get bulk-minted once, then each user claims their cut with an O(\log n) Merkle proof instead of N onchain writes. Trustless data availability The full claim set every Merkle proof is archived to Arweave; only the roots the Arweave URI go onchain. Result: any roll is independently replayable, and you can self-serve your claim even if our servers are down. Real mark-to-market NAV doesn't just trust mid prices - it simulates selling each position into the live CLOB order book (slippage & fees aware) to get a realizable share price. Omnichain shares, no bridge pool. Vault shares ARE a native LayerZero OFT - lock on Polygon, mint on the destination chain. Sign one EIP-712 intent and a relayer does claim-and-bridge for you, with the claim bridge params cryptographically bound to that one signature Shout out to @dvinubius @micovi7 to get this designed and built (before Mythos)

How does ZEIT Finance value vaults to issue tokens? 🤔 While market price is whatever someone is willing to pay, the fundamental value is its redemption value: a pro-rata share of the Vault’s Net Asset Value (NAV). Here’s how we calculate it fairly: 👇

meh, not that impressed. I know a janitor at Celestia that cashed out 9 figs

ZEIT SEASON

FatMbappe is going institutional 🏆 My $FAV8 World Cup Vault is live on @ZeitFinance. We’re buying equal YES shares across the top 8 World Cup favorites. Current basket: ~81¢. Payout if one of them wins: $1. Target gross upside: ~23.5% before fees. 🧵🧵🧵

OpenAI can set itself apart from Anthropic by launching a similar model without this bullshit.

Okay, boys, we are cooking

The scary part about Anthorpic's Fable nerf is not that it refuses to answer biology or cryptography. It's that it foreshadows what's coming. A world where a couple companies decide what you can and cannot do. They're building a new ruling class and you're not in it...

Something big later today!

I got super lucky as a VC in Solana’s early rounds and then went degenerately into every shit scam that SBF told me he was going to pump We were up gorillions and every billionaire in the world was calling me and SBF every day to try and get into the ecosystem cabal Then SBF went to jail and I eventually crashed out as most of our LPs tried to exit via secondaries in the fund at a huge discount just to avoid getting zeroed After that I nailed the perps thesis intellectually but proved I suck at asset selection by backing Drift, which got continually exploited and rugged, after also backing Alon at TGE and getting rugged Then I started a DAT and we absolutely bazookad our whole treasury into SOL at the picotop, it hasn’t gone up once since we deployed Then I got kicked out of my fund and they started buying Hype in my absence and are already up more than I am cumulatively on all my deals from this current cycle Oh wait, that is wasn’t me, his name was Kyle Salami

I still think about this

Vault at @ZEITFinance are tokenized Which means your ownership shares are represented as regular tokens that can be held in your wallet on your chosen chain (Polygon, Arbitrum, Ethereum) This also mean they can be traded, leverage, lent and plugged in all sort of other DeFi usecases For this reasons we offer the possibility for vault creators to set a risk profile for their vault, ranging from Degen to Risk-managed. This risk profile is an indicator for potential DeFi usecase : - Risk-managed vaults make for better DeFi collateral - Degen vaults offer the max upside potential Algorithmic vaults are an exception because their risk profile is determined by the underlying algorithm, so you should always read up on it first

Build it and they will ignore you! We are experiencing an historical supply shock! crypto is the worst at this. we just try to sell to a shrinking pool of airdrop farmers in the exact same x bubble. it's a mess. the only way to win is to not play that game. you have to find untainted distribution. Honestly, raw seo/geo is still a massive edge. Normal people still google things. if you can capture that top-of-funnel search intent before they even hit the friction of web3, you win. combine that with dead-simple mobile frontends pushed thru tiktok/ig ugc to bypass the usual hurdles. code is a commodity now. seo and pure retail distribution is the only edge left.

Risk management at ZEIT Finance. We've had a lot of questions about how our infra handles risk. While vault managers have full flexibility, we suggest applying static risk profiles to give investors clear, upfront expectations. Two quantifiable parameters we use. 👇

Hamilton became a driver to live his dream as a pimp from Baltimore

Risk metadata is definitely useful, but you have to teach venues how to integrate it, and it still doesn't address the fundamental problem of isolated bets. Raw prediction market assets are fundamentally a nightmare to underwrite: • Binary cliff risk: It's all or nothing. • Zero means zero: If it goes to 0, it stays there. No dead cat bounce. • Capped upside: Maxes out at $1. • Backwards liquidity profile: Liquidity only peaks right at resolution, so there's no volatility at the top. The fix: Restructuring the asset itself. At @ZEITFinance, we do this by bringing ETF primitives to tokenized vaults: • Liquidity / Capital concentration limits • Dedicated liquidity buffers • Maturity / Correlation constraints I believe introducing these primitives is the best way to achieve predictable downside and finally make this asset class scalable.

When you make your coffee at home instead of going to blue bottle