Category labs (monad) open sourcing their decentralized consensus engine but not open sourcing their optimized execution engine is a very poetic “fuck you” to the centralized L2s that would’ve copied them.

DevX is the new UX

How I imagine @0xFastLane auctioneer announcing bids in 300 milliseconds:

Is there an open source EVM implementation of a CLOB? I want to use atlas to make a CLOB PoC on Monad that’s faster than the L2 CLOBs. While all the real monad CLOBs care about decentralization, this one would be centralized (albeit less-so than the L2 ones) to prove a point.

A lot of people mistakenly assume that because I’m somewhat chaotic that FastLane must be, too.. but that couldn’t be farther from the truth. - our average age is mid 30s - 2/3 of the team have kids - our cofounder COO is an absolute organizational monster. Pic related. Faster.

LENDING SUPERCHARGED. RedStone Atom is live. The first oracle with liquidation intelligence, designed for the needs of lending protocols. Zero-latency liquidations. Native OEV capture. No-code integration. Increased security AND yield for lending markets. Only on @unichain 👇

Solana is starting to take the lead on aligning the ecosystem behind Application Specific sequencing (Application Controlled Execution) thanks to Max Resnick’s work at Anza 👏 And Tolys full support Monad has a chance to launch on day 1 with a significant % of the networks apps using ASS out of the blocks We’re making great progress on this currently behind the scene, and very excited to complete all integrations and go public More work to be done and more public monad eco alignment around this vision would be fantastic, from all parties Monad will go live with significant ASS We should all be shouting about this more

We’ve recently rolled out some fun updates to the shMonad Community Portal. Here's what’s new in v1.3: - Discord verification for Liquid Staking NFTs - Improved quest interface with engagement tracking - New Discord role reward for @nad_radar verified accounts Gshmonad🟣

Rough timeline of events here: 1. Justin Sun pulls ETH supply from Aave. 2. Utilization spikes ETH borrow rates on Aave. 3. stETH loopers are now unprofitable, so start de-leveraging. 4. A bunch of this de-levered stETH hits the staking withdrawal queue. 5. stETH depegs 30 basis points as some sell to avoid the queue. 6. Loopers are now forced to either take this 30 bips hit (3% loss on 10x leverage), or lose money on the position until peg re-gains. All of these stETH oracles use redemption not market rate, so lenders are stuck in the position for potentially ~18 days as thats the ETH unstake queue right now. We may end up seeing some stETH liquidations from interest accrual which will only make the situation worse by de-pegging stETH further.

More than 90% of Monad validator teams use FastLane. Why don't you?