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Leuts.eth
@A_Leutenegger
CEO @Aragonproject | alumni @uwaterloo | delegate @lidofinance | ex-Nat Geo photographer
1.1K Following    4.8K Followers
Upwards for @CapApp! Pretty impressive movement in this market. Disclaimer: I hold ethereum:0x99991c6aabba5a096f24f250b73580f5179b9999
Since July 14th, Cap USD deposits have increased 68.59%. This growth can be credited to institutions and neobanks depositing into Cap to fulfill their yield requirements
Top 10 wackiest story in crypto history.
EXCLUSIVE: Late Ondo founder’s mother seeks control of company and removal of De Bode as CEO
Building onchain is similar to building in a jurisdiction without clear regulations. You don't have clarity or confidence to make long-term decisions that won't be impacted by external factors outside of your control. It's like building on quicksand. Building a product is tough enough but when the foundation of what you are building on shifts your ability to adjust is critical, and if you can't you die. It's why regulations shouldn't change often or quickly. Switzerland has built a MOAT on this (clear, never changing), the USA historically has as well (pro-builder). Ethereum should not make decisions lightly that could have a catastrophic impact on its #1# user base (DeFi), it erodes confidence at best and implodes users at worst. Decisions like this should (if at all) be rolled out over much longer time horizons and with users as the first stakeholders to engage. Right now besides stablecoins and prediction markets the industry is reeling. We need stability and support not foundational shifts that change the rules of the game. EIP-8361 changes the rules of the game. We're securing a multi-billion economy that is high-risk, not playing world cup football, the rules don't need to be changed right now.
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It looks to me that not only the majority, but almost everyone with a bit of common sense is against EIP-8361. It may go down as one of the most resisted Ethereum proposals ever, perhaps second only to ProgPoW. What people genuinely want is for Ethereum to focus on solving problems that drive real demand and make the network more competitive. The EF's ivory tower academic approach will not solve those challenges. It's disconnected from the builders in the trenches who choose to build on Ethereum every day. We should not take them for granted.
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This is insanely cool! 🇨🇭
You can now link an IBAN with your ENS name. 🏛️ @mtpelerin lets you buy, swap, and cash out crypto using your ENS name, including via personal IBAN to make crypto-fiat transfers in your name. Check it out ⬇️
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Timelocks are an essential secure execution primitive. They create deterministic windows for monitoring, human review, incident response, and security council intervention before onchain actions become irreversible.
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I don't believe EIP-8363 is net beneficial for Ethereum nor ethereum:native at the moment. 1. Punishes solo stakers: pushes staking to custodians, ETFs, and exchanges. 2. Reliance on MEV: As issuance drops, MEV increases from 7% to 30% of validator revenue. MEV favors massive pools and non-neutral, censoring relays over fair block production. 3. Negative impact on DeFi (major use-case): Killing it negatively impacts DeFi lending curves and forces capital into stablecoins or BTC, turning ETH into a low-yield funding asset. 4. Predictability: institutions and big money expects multi-year horizons of stability in order to invest. If anything something like this you'd plan years away giving time for institutions to react before it happens. Ethereum's staking ratio is growing because the design works. We should ensure as much stake as possible is solo-stakers and decentralised (Lido).
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🚨 New EIP: Tapered Issuance Burn We just submitted an EIP to ethereum/EIPs: a minimal, market-driven fix to Ethereum's issuance policy removing the incentive for stake growth beyond 50% of ETH supply. EIP-8361 by @pintail_xyz, @jdetychey, @dapplion, @pa7x1, @ladislaus0x & @drakefjustin 🧵
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guys, ethereum wasn't created to fit into the existing system. it was created to _route around it_. somewhere along the way, we stopped trying to make the old world obsolete and started asking for its approval. fuck approval. wtf are we building today that makes the old world obsolete? not 10% cheaper. not 20% faster. _obsolete_.
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Decrease defi’s risk premium with Aragon.
This is yet another "big week" for crypto. Hacks, upgrades, fees, and more are covered in this edition of our weekly market bulletin. Take a minute to skim over it and stay up to date with everything in crypto. Link is in the next post. Authors: @carlos_guzman @slatersanter
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Built to be checked - that's the point. @AragonProject's Ownership Token Framework breaks down COW's contracts, distribution, and value accrual so you can verify it yourself. Full report ↓
COW by @CoWSwap has been added to the OTF dashboard. The OTF maps ownership and value accrual mechanisms to help investors evaluate tokens on fundamentals. Explore the COW report. ↓
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Wowza….
Don’t fall for the fake Fox/GOP outrage. Two weeks ago the House passed a bill that greenlighted the transfer of Spanish territory to Morocco. Every Republican except me voted for it, but now THEY are acting shocked at the invasion.
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Heart breaking. RIP Nims. If you want to be inspired watch his recent documentary on Netflix: 14 Peaks, Nothing is Impossible.
Nirmal Purja, the renowned climber and mountain guide, has died after being caught in an avalanche on Broad Peak, Pakistan, according to Elite Exped, the expedition company he co-founded.
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Happy Swiss National Day! 🇨🇭
We’ve become experts at secure execution, working with the best teams in the industry. Reach out to improve your permissions and execution security!
1) @AragonProject Aragon serves as the primary independent verifier across 3F, participating in multiple Verification Council multisigs, including the Repayer, which oversees the settlement of Bridge Facilitator repayments. With years of experience building governance infrastructure and a long-standing reputation for credible neutrality, Aragon is well positioned to provide independent verification across key workflows. Before 3F's Bridge Facilitator repayments can be finalized, Aragon independently reviews and co-signs settlement transactions through the Repayer multisig, ensuring repayments are externally verified before completion. By embedding independent verification into the repayment process, Aragon helps strengthen operational robustness and provides Bridge Facilitators with greater confidence that repayments are verified by an independent third party.
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We’re proud to be working with the 3F team to ensure secure execution. Unlike most projects who run with a single stage multisig we’ve implemented multi-stage & party signing including automated verification. Proud to be working with one of the fastest growing RWA teams!
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Introducing the 3F Verification Council 🔍 We're excited to welcome @AragonProject, @SteakhouseFi, and @ChainSecurity as members of the 3F Verification Council. The Council is an independent verification layer built into 3F. By requiring external review and co-signatures before important actions can be executed, it makes the protocol more robust, verifiable, and resilient as it scales. 🧵 (1/4)
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Schengen and the EU may collapse in the next 10 years. The divide on specific issues is too large to manage. Free and open borders doesn’t work if a nation wants to change the fabric of its cultural identity through immigration and by doing so threatens every other nation who doesn’t. It’s simple.
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#URGENTE# Suecia se suma a Italia y Finlandia y solicita la suspensión del tratado Schengen con España. Seguir: @elalcazar_es
Important to do research before coming to Europe! Anything worth visiting is closed from 12-2 (you won't be served 30 minutes before and after that time), after 5pm (similarly no service 30 minutes before), and on weekends.
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🔴“Tenemos hambre, volvemos a casa” ¡Curiosa imagen, la que estamos viendo ahora mismo en Ceuta! Cientos de inmigrantes están regresando a Marruecos por sus propios pies y sin ser coaccionados por nadie. Cabe recordar que hoy es viernes y la ciudad está prácticamente cerrada.
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I just met Nirmal on a flight to Patagonia last year. Hope he makes it! Otherwise we've lost another incredible mountaineering figure.
JUST IN: Aragon CEO says it's time to pass the Crypto Clarity Act.
Really excited to be working with @citrea_xyz on their optimistic control framework. Vetoes = 1. Higher velocity 2. More secure (in many cases) 3. Reduced voter fatigue 4. Broader coverage Let's bring Bitcoin capital markets to everyone! 🍊🍋
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