Shimon Newman
Team at Fibonacci Finance · Core Contributer at Ratio Finance · Director of Research at Squads
Shimon Newman is the Director of Research at Squads, and was previously a co-founder of Fibonacci Finance, a core contributor to Ratio Finance, and Technical Director at Assets Repatriation Solutions. He has worked on a number of projects related to emerging technologies as a founder and advisor, designing pass-through economic models and incentive structures for blockchain or DLT.
Current Roles
News Mentions
Altitude now does $1B in annualized payment volume across banking and stablecoin rails. A large share of that comes from companies in crypto on and off ramping stablecoins via ACH, wire, SEPA, and SWIFT. We’ve been running Squads on stablecoins since day one and we built Altitude to be the best wa
this is why we built with no off-chain resolution. every FIBO round settles onchain on @base. the chain is the umpire. https://x.com/WuBlockchain/status/2070307673481097678
FIBO entry is signless USDC on @base. no wallet confirmation. no gas. pick a direction and you're in the pool. turns out removing the confirmation step is the single biggest friction reduction in onchain gaming.
staged wins are a symptom. the real problem is off-chain resolution with no trustless verification. we built FIBO so every round settles on @base using onchain price data. no curator, no drama. http://fibo.fun https://x.com/WSJ/status/2069240965676646453
1/ connect your wallet (or just your email, no KYC needed) FIBO creates a smart game wallet for you. all your plays are gasless, no ETH needed for fees
🇮🇱 IDF TO RELEASE NORTHERN CIVIL DEFENSE SQUADS FROM RESERVE DUTY The IDF will release members of northern border community civil defense squads from reserve duty as the ceasefire with Hezbollah continues to hold. The local security teams, called up during the war with Iran and the escalation wi
We're in the final stretch. Every edge case is being hammered. Up or down. Conviction wins. $FIBO $BASE @base @jessepollak
"We really need multi-currency stablecoins across the board. The people that are saying it's just all gonna be dollars, I think they're wrong. I think we need stablecoins basically for every currency." @SimkinStepan, CEO of Squads / @altitude used Stabledash Live to make an open call to stablecoin
FIBO launches signless trading on testnet, mainnet coming to Base
Formal verification is indeed the way. A few years ago I reached out to @NotDeGhost asking him if he wanted to do the first formal verification for a Solana program. Luckily he said yes and got it done in 4 months. Since then all Squads programs have gone through that process multiple times. Fast