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This week in the Jupiverse, our team members tuned in to share the latest updates on various Jupiter Products like JupSOL, RFQ, Perps v2 and the intern experiment FoX! Hear from them using the timestamps below — you can also download the full in the dropbox link below! Timestamps: 0:00 - jm from the Jupiter office 2:09 - How JupSOL works and price correlation with activity on Solana w/ @0xSoju 12:10 - Launching Jupiter RFQ w/ @wenabuba 27:23 - Designing Perps v2 w/ @Solburq 41:05 - Betting on the US Election on FoX (Floating Odds eXchange) w/ king intern @Village_Idiot 54:35 - Summary w/ @xianxlb & @0xYankee 56:57 - Jupiter Frat House 57:41 - Thank you for joining
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Product Updates w/ the Jupiter Team https://x.com/i/broadcasts/1DXxydOqNwyJM
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Slippage-free trading with RFQ, a new Perps UI paving the way to Limit Orders, trade the US Election on FoX and many more, with the Jupiter Team. Join @xianxlb and @0xYankee as they deep dive into products, with @0xSoju and the respective chefs cooking behind the scenes. We’re excited to have @wenabuba (RFQ), @Solburq (Perps), @Village_Idiot (FoX), followed by a surprise performance by one of our engineers. The latest updates are available in more detail on the October Changelog, which can be found here: https://t.co/bIf9rSSfPP Read the changelog, tune in tomorrow at 9:30 AM EST / 2:30 PM UTC and ask us any questions you have! Stream Link:
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.@weremeow speaks to @lukebelmar on why economic education is broken: “If you look at all the economics textbooks, the most fundamental concept they teach you is price. And what is price denominated in? Fiat. The core of economics doesn’t question the underlying thing: fiat. That’s why it’s broken.”
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.@weremeow talks to Youtube co-founder @stevechen about UGC and UGM: “You’re obviously one of the pioneers of this thing called UGC, right? User Generated Content. And then what we are seeing now in this space is what I call UGM — User Generated Money. In UGC, the value is created from the users. And then in Web3 or crypto, the value is generated from the users too. In UGC, we move from an era of the big studios—the big studios create the content, they monetize the content, and they get the value from the content. But what you did is that you democratized the process. You allowed users to create the content, market the content too, and also get the value from the content. For example, if you’re Netflix, you have to make the content, market it, and run advertising globally. You go anywhere across the world—Japan, Tokyo, Europe—you see Netflix advertisements everywhere. But in this new era, the users are the ones that market their own content. And the same thing is happening in the crypto world. The users are generating the money, marketing the money, and getting the value of the money. There are a lot of nuances to this but generally speaking, it’s fascinating because we are really at the nexus of UGC and UGM.”
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