Joey Krug

Joey Krug

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Partner at @FoundersFund Cofounder at @Eco & @AugurProject joey@foundersfund.com for decks/dealflow

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We are excited to be attending Token 2049 in Singapore and announcing the public mainnet launch of Lighter! Read all the details of how our tech works and what the launch means for early and new customers:

The Lighter public mainnet is live after 8 months of private beta! Trade perpetuals with low costs and low latency on Ethereum L2 with custom ZK circuits for verifiable matching and liquidations. Experience onchain trading at the performance grade of high frequency finance.

Introducing PCCL, the Prime Collective Communications Library — a low-level communication library built for decentralized training over the public internet, with fault tolerance as a core design principle. In testing, PCCL achieves up to 45 Gbit/s of bandwidth across datacenters

As someone who’s been in the crypto industry since 2013, one of the simplest yet most challenging questions I’ve faced is how to think about noncustodial trading interfaces. Do operators or developers of these NTIs have any regulatory obligations? Ideally not. I’m thrilled to

Lots of talk about the new Ethereum roadmap prioritizing the L1 and what that means for rollups. Here are my thoughts as someone who is all-in on growing Arbitrum and the L2 landscape and also cares about Ethereum: - Above all else I care about Ethereum leadership prioritizing

We did it — the first decentralized RL training of a 32B model is complete! Full open-source release is coming in ~1 week, including: checkpoints, data and a detailed technical report.

Wikipedia has had a massive bias against crypto for years and has basically become an Orwellian dumpster fire at this point. Most of the crypto articles on there have tons of factual inaccuracies that are impossible to correct because the moderators overrule nearly any fixes. twitter.com/joeykrug/status/19...

NEW today on Pirate Wires: how Tether might have quietly become the most profitable business by headcount in the world Tether made $14 billion last year — more than Pfizer, Tesla, and BlackRock. It did that with no ads, almost no staff, and a product no one even thinks that much

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