Ethereum: A Gas Story

How Ethereum's gas rules changed from Frontier to Glamsterdam, the attacks and design choices behind each change, and what they broke.

2026, Oct 23   —  25 minute read

The 2,300 Gas Stipend in Ethereum - Origin, Breakages and Alternatives

Why a contract receiving ETH through transfer or send gets exactly 2,300 gas, how five hard forks changed what fits in it, and what replaces it.

2026, Oct 23   —  19 minute read

Power-Law Curves - Scale Invariance, Log-Log Lines, Bonding Curves and Heavy Tails

What a power law y = a·x^k is, why it has no preferred scale, how to read it on log-log axes, and where it appears in DeFi pricing curves and fat tails.

2026, Oct 22   —  15 minute read

How Liquity V2 Works - BOLD, User-Set Interest Rates, Redemption Routing and Branch Shutdown

Liquity V2 (BOLD) from its code, audits and whitepaper: user-set rates, redemptions by rate, batches, zombie troves, shutdown, and code-vs-paper gaps.

2026, Oct 22   —  41 minute read

How Liquity V1 Works - LUSD, Troves, the Stability Pool, Redemptions and Recovery Mode

Liquity V1 from its contracts: interest-free LUSD loans at 110%, Stability Pool liquidations, redistribution, redemptions, baseRate fees and Recovery Mode.

2026, Oct 22   —  28 minute read

How DefiLlama Works - Data Model, Free and Pro API, and Adapters

How DefiLlama computes TVL, fees and yields from open-source adapters, what its free and Pro APIs expose, and how TVL and dimension adapters are written.

2026, Oct 22   —  26 minute read

How Polaris Works - pETH, the Power-Law Bonding Curve, Reserve Loans and pAsset Markets

Polaris from its docs and bonding-curve code: pETH and its rising floor, fpETH/vpETH, non-liquidatable Reserve Loans, USDp markets and POLAR.

2026, Oct 21   —  50 minute read