Permissionless is easy to claim. Resilience is harder to prove. At Devcon 8, @manusheel of @libp2p, @IPFS, & @protocollabs, will dig into how we measure whether permissionless networks can actually stay accessible, resilient and open under pressure. See you in Mumbai, Manu 🫡

Permissionless Expenseless Index Funds How it works: 1) A smart contract enables anybody to create a custom indexing methodology 2) If an investor wants exposure, they deposit stables into the smart contract and queue up an RFQ to find maker who can most cheaply source the underlying equities 3) The smart contract receives the equities from the best RFQ, custodies the equities and mints an index token to the investor Because the custodian is just a smart contract, the expense fees can approach 0 And because an methodology is just a config stored onchain, anybody can create their own Value gets redistributed to: 1) The UI that helps investors discover the best index funds. They can charge a "builder fee" on mint/burn requests 2) The market makers bridging liquidity for the mint/burn requests 3) The investor who isn't charged an expense fee

Flap Permissionless Launch is now LIVE on @BNBCHAIN - Quote Anything. Flap now supports custom quote tokens: RWA, blue-chip crypto, trending memes or others 👉 input your quote token CA and launch in One-Click. Choose the token you want, build a market around it, and layer Flap’s programmable mechanisms on top — Creator Wallet, Dividend, Burn, Liquidity.  You are no longer limited to a predefined set of quote assets. Pick your asset. Build your pair. Design your own token economy. Build without limits on 🦋