guy_c

Based off the balance sheet FTX may have peaked (September 2021) with more than $100 billion of paper gains in "less liquid" assets.

  Token   Last wks  Last wks  Estimated   Peak     Peak         Peak
           value     price     holding    price    date         value
  FTT     $5.9bn    $24.00       246m      $77.69  09-Sep-2021  $19bn
  SRM     $5.4bn     $0.75     7,240m      $12.50  13-Sep-2021  $90bn
  SOL     $2.2bn    $32.00        70m     $258.78  07-Nov-2021  $18bn

Just speculation, but once you've "made" $130bn you feel like a genius. You might want to start acting like a hundred billionare. Time to start throwing money around. Especially spending it on anything that helps you realise those gains.

But FTT/SOL/SRM is not very liquid. So you use your liquid assets (i.e. your customers' USD, USDT, BTC and ETH). People might wonder where you get all this cash. You don't want to admit you are using customer funds and you only have gains on tokens you printed. So pretend you're genius trader and run a highly profitable exchange.

@iamben at current GBPJPY exchange rate of 138, ¥15m total comp would be nearing £110k.

I am out of touch of FAANG senior dev salaries are in London now. Does that sound on par?

I also have not seen many vacancies advertised at that level. But I suspect there are roles for people with the right experience. The roles are getting filled by recruiters approaching already employed people.

My guess is a very experienced developer that speak English and Japanese can get base salaries above ¥10m at FAANG in Tokyo. So probably ¥15m with bonus and RSUs is obtainable.

Thanks, I didn't know that. I've changed to the standard "Expanded Control Strip" and it is much better. I found the constantly updating touchbar visually distracting.

In the context of Rails applications hosted on EC2, then I've not found Ruby's memory usage to really be an issue. In my experience most Rails apps range between 150-500MB per instance.

My current employer typically uses M5 instances which have a ratio of 1 vCPU : 4 GiB Ram.

Running Unicorn you'll probably only want 1.5 instances per vCPU. Even a memory heavy Rails app is probably only going to utilise ~20% of the available memory.

Running threaded Puma, you probably want only a single process per vCPU and maybe 5-6 threads. In my apps running 5 threads per process typically increases memory of the process by 20%. So in that instance you'd only utilise 15% of the available memory on a M5 instance.

If you are having memory issues on Rails, then quick wins are upgrading your Ruby version. I saw 5-10% drop in memory usage with each of the major version 2.3.x -> 2.4.x -> 2.5.x.

Also if it is an old app, check you've not built up cruft in your Gemfile. Removing unused gems can be another quick win for reducing memory usage.