Medium bloggers hate her.

“I am a servant of the Secret Fire, wielder of the Flame of Anor.“— Gandalf, Lord of The Rings.

The cause for deflation

The most difficult concept to grasp in economics is the seemingly simple process of monetary inflation.

Inflation doesn’t just undermine our savings; it warps our culture.

There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. …

TL;DR to bootstrap Limbo, Flan will need to target the DAI price instead of a synthetic LP; Flan liquidity will be seeded on more than one external AMM.

The previous dev update was the first in a two part series on the upcoming economics of Limbo, starting with the Flan…

“I think everyone would feel better if we had some flan.” — Ross Geller

Limbo is the upcoming yield farming dapp created with the prime intention of raising liquidity for tokens to be traded on Behodler. A motivation for Limbo can be found here.

This is the third instalment in a series of dev updates surrounding Limbo. See part 1 and part 2.

Sustainable yield farming

Yield…

Dear WeiDai community,

It is with deep regret and sadness that I must confirm an exploit has occurred on the WeiDai protocol and that I want to apologize with utmost sincerity to all those affected. My hope for this article is to bring clarity and explain the possible ways of…

Building Defi’s first sustainable, community configured farming dapp

A big thank you to Florian Pieper for being the mathematical genius we need.

Introduction

The primary purpose of Limbo will be to provide a way to liquidity mine new token listings onto Behodler. On a traditional token-pair AMM there is no minimum requirement for initial liquidity addition but the tokens…

Proposal for a liquidity mining fund vote on Snapshot

Introduction

Behodler is currently in an exciting phase of building with feverish levels of work being done on both Limbo and the new UI.

In the lead up to this bright new era, we have an opportunity to invigorate the EYE market, raise liquidity, and create intrinsic marketing buzz by spreading…

On April 29th, I released an article explaining the need for a token bonding curve preseeding event for tokens about to be listed on Behodler. The article ended with a high level explanation of a token listing liquidity mining dapp code named Morta. Since then, the Behodler community enthusiastically participated…

An exploration into all possible attack vectors of the novel AMM with a focus on whale clout.

Now that Behodler is about to launch a new form of perpetual liquidity mining code named Liquid Queue, it may be prudent to explore the nascent AMM for all possible vulnerabilities before large swathes of new holders arrive, eager to claim their rewards, only to find an AMM vulnerable to…

Lesser known fact: Benjamin Franklin is not smiling in this portrait because he does not approve of having his image associated with fiat currency.

If you hold Scarcity, read this

As per the recent DegenVC announcement, we’re planning to launch Behodler 2 on Friday 19th February. This launch can be considered the equivalent of Behodler coming out of beta: optimized gas consumption, support for exotic token types and flash loans to name a few improvements.

Instead of running Behodler 1…

Justin Goro

Creator of WeiDai and 92 times emperor of Tsuranuanni

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store