The Tangible Cost of Dead Miles
Two platforms, nearly identical daily gross income — and completely different economics once you look beneath the surface. What gig workers measure and what they should measure are rarely the same thing.
Economy & Finance
Liquidity, incentives, cycles and risk — how value is created, transferred and sometimes destroyed.
Page 1 of 5 | Posts 1-10 of 46 posts
RSS feedThe Contract Nobody Signed
Every institution that claims to serve the public is invoking an obligation it never formally accepted. This essay examines the implied social contract — the unwritten expectations that hold society together, how they are systematically hollowed out, and why the violation is so difficult to name.
Secured Debt, What Is It?
Not all debt is created equal. The difference between secured and unsecured debt determines what a lender can take from you when things go wrong — and most people don't think about it until it's too late.
What a Platform Owes Itself
"A core rewrite, a lifecycle state machine, CI orchestration, observability, an internal operator dashboard with audit trail, and documentation for engineers not yet hired — the internal work that decides whether the external promises can be kept."
What a Platform Owes
"Organisations and RBAC, compute sleep cycles, a custom support system, and paper trading — four updates that don't add to the exchange count, but change what it means to actually operate on the platform."
82,000 Lines of Code Later
Nine exchanges, a full adapter suite, equity protection, compute downsizing, and an honest account of what multi-exchange support actually requires to get right.
Updates on plutarc
Updates on changes to plutarc by Valeon since launch. Four exchanges, 48 strategy components, a new billing model, and a compute layer that now spans three providers and five regions.
Introducing plutarc: Algorithmic Trading, Orchestrated
plutarc by Valeon is a platform for orchestrating the deployment of trading bots — configurable, composable, and built from the foundation up.
The Benchmark Must Bleed
The price governing trillions in crypto derivatives liquidations and settlement is not derived from assets changing hands — it is derived from quotes. This is a proposal to replace the benchmark with one anchored to on-chain settlement, where the only way to move the price is to actually trade.
The House of Borrowed Time
"The property market has not been growing — it has been deferring. A prosecutorial essay on how debt props up prices, rent strips incomes, and the UK's illiquid conveyancing system quietly extends the default."