Ryne Saxe

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@rynesaxe

ceo @eco. Building more than tweeting. Elsewhere analog.

Joined July 2023

170 Following 757 Followers 582 Posts

Latest posts 5

Ryne Saxe @rynesaxe Oct 29

A runtime, but for transactions.

ie "Transactions that think."

Early launch partners are using Sauce SDK to do things they fundamentally could not before, speeding up development cycles and giving their onchain money flows failsafe execution. More to say and show soon.

Eco @eco Oct 28

Blockchains and stablecoins promised us programmable money. So far we have smart contracts, but dumb transactions.

Today, Eco is launching the Sauce SDK and Skills to upgrade the transaction itself: turn onchain transactions into programs with guaranteed outcomes, across EVM chains and Solana.

Your logic runs inside the transaction, against live market conditions, and delivers the outcome you defined or reverts entirely.

Built for developers, agents, and enterprises moving money onchain. Live on @Arc, @Base, @Ethereum, and @Solana today (with more to come).

Eco was built to deliver on the promise of programmable money. Sauce takes that mission a big step further by giving you more control, with failsafe execution.

Read more below, or visit eco.com/sauce to get started.
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Ryne Saxe @rynesaxe Oct 13

$60B prices Ramp becoming the new company OS. We are way beyond expense management.

Ramp @tryramp Oct 13

Introducing Glass.

AI made every employee faster. Glass makes the entire company smarter.

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Ryne Saxe @rynesaxe Sep 16

Status check: remains true.

Ryne Saxe @rynesaxe Sep 16

The crypto neobank wars are getting hotter. New products, new capital, new incentives.

I will move my financial life to the first one that looks and feels as delightful as this, across the full deposit-earn-spend-loyalty journey.

Still lots of opportunity to differentiate.

Ryne Saxe @rynesaxe Sep 15

This product offering is great for attention and early (vanity) volume growth, but it's incredibly naive and a mistake we see many companies make. Erebor is just the highest profile example lately.

There *is* a way to offer 1:1 UX to your users in a cost effective way. But it doesn't involve assuming an effective forex market trades at par. The way to figure it out is to flow a couple $ billion across this pair and optimize the hell out of those flows.

If this is something you want to offer, talk to @eco.

Yueqi Yang @Yueqi_Yang Sep 15

Erebor Bank attracted crypto clients this year with a pitch -- the bank would convert their Circle and Tether stablecoins to cash for free.

Sophisticated crypto trading firms quickly figured out a way to make an easy profit out of the offer -- at a cost to Erebor.

Story with @MichaelRoddan
theinformation.com/articles/erebo… 1/
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