Mind-blowing moments after discovering something new about crypto are now rarer

CN
3 days ago

Mind-blowing moments after discovering something new about crypto are now rarer.

Those mind-bending innovations that take time to really understand.

And when you do, you think "OMG, that's f***ing amazing!"

I remember getting mind-blown after learning about:

- Flash loans

- Rebase token / Supply adjustment ($AMPL)

- AMM: x * y = k and how impermanent loss rekts you

- MEV (Sandwich attack)

- YFI: free token has value?

- Liquidity mining - giving tokens for free to boost liquidity

- veToken (the OG flywheel model)

- Fluid's Smart Debt (borrowed assets as liquidity)

What are some new, mind-blowing things you've noticed this cycle?


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