LobsterDAO 🦞

13 Dec 2024 21:46

how likely is that uniswap dao approves such proposal? https://gov.uniswap.org/t/rfc-deploy-uniswap-v3-on-sonic-formerly-fantom/25024 @vPEPO any temp check?

LobsterDAO 🦞

13 Dec 2024 20:36

After writing patent for decentralized sequencers, I was like, those cheaters https://ppubs.uspto.gov/dirsearch-public/patents/html/12008016?source=USPAT&requestToken=eyJzdWIiOiIzZGM5Yjg3NC0wYWU1LTRlZDQtOWU5ZC0wYmJlMGJjMTk0ZDYiLCJ2ZXIiOiJjMWQ3NmFjMi02YTA3LTQ3YmUtYjcwYy03OGIzMTZjNjVkN2UiLCJleHAiOjB9

LobsterDAO 🦞

13 Dec 2024 19:25

Interesting, thank you!
Also just verified by simulating dumping all supply outside of the Raydium pool of a PumpFun token, and indeed there seems to stay around 30SOL in the pool.

LobsterDAO 🦞

13 Dec 2024 19:12

I really believe so - just needs to be packaged correctly

LobsterDAO 🦞

13 Dec 2024 19:08

I don’t think that’s true. Where did you read this. And at what point on the bonding curve. And how would that even be achieved technically?
(EDIT: I was wrong, it appears to be true.)

You can dump all of those constant product AMMs to zero, can you not?

LobsterDAO 🦞

13 Dec 2024 19:03

Thanks. Do you know what happened to rDOPEX? I remember them having had 2 tokens.

LobsterDAO 🦞

13 Dec 2024 19:00

Or did that fall in grace together with Tetranode?

LobsterDAO 🦞

13 Dec 2024 18:44

https://x.com/HypoNyms/status/1866584138054242683

LobsterDAO 🦞

13 Dec 2024 18:33

2 million dollars day 😨

LobsterDAO 🦞

13 Dec 2024 18:23

Ah yeah using 10% slippage you will

LobsterDAO 🦞

13 Dec 2024 18:19

How big is front running on new tokens anyway? Most of the time it would be just a single LP pool so no front running? (I don’t think front runner can include their tx between two other specific tx in a block, only top of block?)

LobsterDAO 🦞

13 Dec 2024 18:17

I’ll try it (for reference: we are building pumpfun of berachain https://x.com/kodiakfi/status/1854174540148211716?s=46)

LobsterDAO 🦞

13 Dec 2024 18:14

You need the whitelist, otherwise the entire routing logic doesn't work.

LobsterDAO 🦞

13 Dec 2024 18:13

That's why I mentioned the whitelist for big router/TG bot contracts.

LobsterDAO 🦞

13 Dec 2024 18:11

Yeah you can - but then swaps through intermediate contract can get bricked. But yes it’s possible.

I think however, the mev volume makes money for the token launcher protocol

LobsterDAO 🦞

13 Dec 2024 21:17

stupid question: what do you use the sequencers for?

LobsterDAO 🦞

13 Dec 2024 20:32

When I found out that most of the major L2 used centralized sequencers my jaw dropped

LobsterDAO 🦞

13 Dec 2024 19:16

There’s some amount locked forever and useless (ie can’t be dump to zero

LobsterDAO 🦞

13 Dec 2024 19:11

they complicated things too much, didn't work out well for them, not sure exactly what happened with the token but i know theyre still trying with the rebrand

LobsterDAO 🦞

13 Dec 2024 19:05

If all holders dump into the pool, all of this SOL is extracted though, right? So not really burned.

LobsterDAO 🦞

13 Dec 2024 19:00

yeah its called Stryke now

LobsterDAO 🦞

13 Dec 2024 18:59

Does Dopex still exist?

LobsterDAO 🦞

13 Dec 2024 18:33

What’s the mevs address?

LobsterDAO 🦞

13 Dec 2024 18:27

I am bringing this up because the topic of the day on Solana is a player who makes $2M a day with sandwiching users. If you trade memecoins for a bit you see people using 10-20% slippage all over the place. Often you also need to use that kind of slippage, otherwise you won't be able to get in, so fast is the price action on some of those coins. Also, most trading volume is via terminals and TG bots and those often have 20% default slippage settings. (Again because you often won't be able to buy at all otherwise, so UX would be perceived as horrible by many users. Losing money via sandwiching is more hidden in that sense.)

LobsterDAO 🦞

13 Dec 2024 18:20

Well when you try to buy a token on pump with 10% slippage you’ll absolutely get sandwiched

LobsterDAO 🦞

13 Dec 2024 18:18

Dm if interested to brainstorm, will cook this weekend

LobsterDAO 🦞

13 Dec 2024 18:16

I think you can prevent the recipient of a buy from originating a transaction to transfer / sell in same block, with no whitelist, before token graduation.

LobsterDAO 🦞

13 Dec 2024 18:13

You wouldn’t need a whitelist in this case I think. Since receiver would be end user in most cases

LobsterDAO 🦞

13 Dec 2024 18:12

Could be acceptable trade off. I think it’s possible

LobsterDAO 🦞

13 Dec 2024 18:11

it expands on the ERC-20R standard proposed a few months / years ago https://arxiv.org/abs/2208.00543

I'm personally not fond on this kind of stuff, but it could be a mechanism to prevent that.

I personally believe that the best mechanism for this is to manage slippage based on activity etc etc using something like machine learning, Jupiter does a great job at this I believe (although its not really proven since MEV is restricted to validators in Soylana)