Antonina Norair

Analyzing protocols,
deconstructing systems.

Thoughts on DeFi & TradFi engineering, distributed systems, and market structures. Welcome to my digital timed garden 🌿

Twenty Stablecoins: A Year of M0 Extensions

A newspaper-style review of twelve months of stablecoin extensions built on M0 — twenty digital dollars across eighteen chains, from MetaMask's wallet dollar to MoneyGram's remittance rail. TVL analytics, per-partner reporting, and money-flow diagrams, with supply figures read live from the M0 protocol API.

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Uniswap in 2026: A Graceful Shift Toward an Institutional Future. The Story in Three Projects.

Change is the only constant, and the most adaptable survive and thrive. A review of Uniswap's shift toward an institutional future and the RWA space in three major 2026 projects — BUIDL swaps via UniswapX, the DualPool hook with Spark, and Permissioned Pools — and how they actually work.

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M0 V1

Two years in, M0 has processed over $1.1B in mints, expanded to Solana and 15+ EVM chains, and become the first white-labeled stablecoin platform. With JMI and new liquidity offerings on the horizon, going back to basics: how and why things were built the way they were.

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DeFi Primitive — Billion-Dollar Algorithm

Simple is way more than simplistic. The story of the algorithm behind staking rewards contracts everywhere — from the 2018 Scalable Reward Distribution whitepaper and SNX's Unipool to Uniswap v3 fee tracking, SushiSwap's MasterChef, and 1inch's ERC20Plugins.

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M0 Protocol Basics: Minter Rate, Global Interest Rate Index, and Key Principles

How the M0 Protocol tracks interest accrual on stablecoin issuance through two fundamental concepts: principal amounts and a global interest rate index. A shared index eliminates gas-intensive calculations across all protocol participants while maintaining precise balance tracking.

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In progress, TBD...
In progress, TBD...

About

Hi, my name is An-toni-na and I'm from Kyiv, Ukraine . I've spent the last eight years in the US, splitting time between SF and NYC. I love both, but undeniably, I vibe better with the latter.

After moving to the US, I got into blockchain engineering and later found myself in DeFi — finally loving what I do and connecting the dots of my past: a math & physics lyceum, an applied math master's, and systems programming at an undisclosed R&D lab.

Currently, I'm leading the engineering team at M0, building in the hottest 🔥 and most stable corner of the industry, while slowly working toward a second degree in finance from Harvard Extension School. When TradFi & DeFi worlds merge into something productive, I want to be there too.

When I'm not working or chasing kids around (which is almost never), I like to get out and explore the countless beautiful places in and around NYC.