Matt Rice ⛺️ (@mrice32) / X

Matt Rice ⛺️

2,120 posts

Matt Rice ⛺️

@mrice32

CTO @UMAprotocol @AcrossProtocol previously @Google, @Domeyard

Atlanta, GA

Joined March 2009

Matt Rice ⛺️
@mrice32
Sep 6, 2024
CT is sleeping on 7702. I don’t see nearly enough chatter about what the world could look like post pectra. - never send an approval tx again - never need to hold the native gas token - multiple actions on different chains with a single signature - trustless conditional txns …
7.4K
Matt Rice ⛺️
@mrice32
Oct 24, 2024
Gives me chills that something we built is now part of the best UI in crypto. Big day for @AcrossProtocol, bigger day for users.
Uniswap
@Uniswap
Oct 23, 2024
Bridging should be as simple as swapping …and now it is Powered by @AcrossProtocol 💫
00:00
4K
Matt Rice ⛺️
@mrice32
Jan 31, 2024
Oval's most essential design principle is that it's minimally invasive. Oval is not trying to redesign working protocols, it's trying to make the smallest possible tweak to redirect the OEV. No more, no less.
4.2K
Matt Rice ⛺️
@mrice32
Dec 7, 2024
“intents aren’t capital efficient” Intents are _exactly_ as capital efficient as lock + mint or any form of message-based bridging The only difference is whose tokens are locked: - non-intents: user funds are locked - intents: user pays solver to have their funds locked instead
Hyperbridge
@hyperbridge
Dec 6, 2024
Replying to @BlkBoxEconomist @houdz_kek and 2 others
Yes but messaging is more capital efficient than intents. And intents ultimately waits for finality on amounts larger than $10k because of the added risk.
15K
Matt Rice ⛺️
@mrice32
Mar 7, 2025
The world has become far more nihilist and unserious in my lifetime. Don’t be the culture. - care about things - work on things you think are important - say what you mean - don’t be cruel - the ends don’t justify the means - have principles - be fair - think and be curious
1.8K
Matt Rice ⛺️
@mrice32
Mar 9, 2025
I do a lot of interviews and I often get the question: “why are you still at risk labs after 6 years?” Answer has always been the same: integrity. Org can’t have integrity unless the founder/CEO does. So many other things matter, but cease to if integrity is missing.
hal2001.hl
@hal2001
Mar 7, 2025
On my team, if we ever debated the quality of the person, @mrice32 would always win.
2.8K
Matt Rice ⛺️
@mrice32
Nov 9, 2024
My favorite things about @UMAprotocol? It works. It scales. It makes decentralized prediction markets possible.
CSPTrading.eth
@CSP_Trading
Nov 8, 2024
The less fun part of election day is the cleanup. 9 election related disputes, a mixture of midclick's, resolving too early, and people not reading the rules. All in all though, the fact that @UMAprotocol was able to resolve markets that collectively had at least 4 billion
4.1K
Matt Rice ⛺️
@mrice32
Mar 4, 2025
Unifying Ethereum.
Across
@AcrossProtocol
Mar 4, 2025
Across is proud to announce a successful raise of $41M in a strategic token sale led by Paradigm (@paradigm) With participation from Bain Capital Crypto (@BainCapCrypto), Coinbase Ventures (@cbventures), Multicoin Capital (@multicoin), and Sina Habinian (@sinahab)
1.2K
Matt Rice ⛺️
@mrice32
Jan 23, 2024
Imagine if you had to pay your ISP every time you bought something on Amazon. That's MEV. Let's take it back.
UMA
@UMAprotocol
Jan 18, 2024
Each year lending protocols lose tens of millions of dollars to MEV. It's time to reclaim that value. 🥚
2.1K
Matt Rice ⛺️
@mrice32
Mar 18, 2025
Replying to @donnoh_eth and @AcrossProtocol
The multisig exists from our early days, and we are very serious about limiting its power. We have plans for this, and post Bybit we are accelerating their implementation (we're doing this very carefully, for obvious reasons). We have audited code for a "permission splitter" that
1.3K
Matt Rice ⛺️
@mrice32
Nov 8, 2018
Replying to @jodieegrace
I get that this is an argument for more gov services, and I don’t necessarily disagree. But there’s a logical fallacy here. Nobody supports being able to murder children outside the womb. Abortion prevents what pro-lifers see as murder inside the womb.
Matt Rice ⛺️
@mrice32
Jan 16, 2025
Impatience is a virtue. More and more I realize the most high caliber people I know are incredibly impatient to get to the end state, making them incredibly action-oriented. My 2025 resolution is to be more impatient.
1.2K
Matt Rice ⛺️
@mrice32
Nov 25, 2023
This is _precisely_ the motivation behind @UMAprotocol and @AcrossProtocol. Move as much offchain as possible. Verify and settle onchain. oSnap, Across, 🥚(soon), Optimistic Oracle — applying the same mindset to a variety of problems, giving users more safety at lower cost.
joshua
@joshuagunnn
Nov 24, 2023
The move from smart contracts to off-chain infrastructure that has permission-less settlement will be fast and shocking. I think this will be the clear next move across EVERY type of dapp. 1/n
1.6K
Matt Rice ⛺️
@mrice32
Sep 6, 2024
Building great products is a prerequisite for everything else. Ideas, strategy, marketing, sales, partnerships, hype are all distractions if you don’t build a great product. There are really no shortcuts or outs.
1.2K