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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