As the leading DeFi-native economic research firm, Gauntlet have pioneered ways off-chain intelligence can enhance onchain protocols through optimal control. To help DAOs make better capital allocation decisions in their treasuries, they set out to build a novel protocol and were looking for an R&D partner to help design and…

The best Solidity developers can program in Yul (an intermediate language used in Solidity code compilation) and understand the EVM. They do this because it helps them understand security vulnerabilities and optimize their code to make it efficient. They also do this because it's fun. At an extreme, OpenSea's Seaport…

Yagi is a yield aggregator and keeper network on StarkNet. After announcing our first vault and being humbled by the interest from early depositors, the focus shifted to build more and better vaults on top of foundational yield opportunities in the StarkNet ecosystem. After building a vault on top of…

Earlier this year, Yagi launched as the first keeper network on StarkNet. On the way, we've hit several milestones such as powering innovative applications (e.g., Topology's Isaac game), building a community and collaborating with many teams in the space. In terms of verticals, there is promising early adoption of Yagi…

Summary. In this post, I will argue that Cairo can effect the coming wave of provable computation in the same way that Solidity has enabled composable computation. Cairo is the native programming language of StarkNet, a Layer 2 network designed to scale Ethereum. — It's regrettable when we see smart…

If you're a smart contract developer, you dread the day when an exploit occurs… While you cannot completely avoid mistakes, you can at least avoid making mistakes others have made and try to mitigate their impact. One way to do this is to write down your process. Rari recently wrote…

A surprising outcome of the Uniswap V3 design is the possibility of executing range orders. Both take-profit orders (sell asset X once it hits a high-enough price) and buy limit orders (buy asset X once it hits a low-enough price) are possible. One of the feedback points on our recent…

Earlier this week, I wrote about how to derive the Impermanent Loss formula for Uniswap V1 and V2. We will use the same approach to calculate Impermanent Loss for Uniswap V3 and concentrated liquidity positions. Impermanent loss is a popular concept when it comes to automated market makers (AMMs) like…

Impermanent loss is a popular concept when it comes to automated market makers (AMMs) like Uniswap. As a liquidity provider, your position may fall in value with respect to either asset (before fees) and impermanent loss is often defined as the percentage loss an LP would experience for a given…