USDC and other centralized stables can be used as a fed bludgeon against DeFi. MarkerDAO needs to to address this risk asap with higher collaterisation requirements and stability fees
No serious DeFi developer will now do anything on L1s that are not stress tested over years and years.
Not sure if anyone realizes the consequences to lending protocols etc. on a block stoppage while every other market is still trading. Instant protocol bankruptcy.
To censor-proof coreDAO - all front-ends are going to be migrated into a combination of IPFS and ENS. coreDAO will take ownership of its front end resolver via ownership of a ENS NFT.
0xRevert retweeted
NEW REPORT
FORCEDENTRY: NSO Group iMessage Zero-Click Exploit captured in the Wild
citizenlab.ca/2021/09/forced…
0xRevert retweeted
ETH killers aren’t competing with ETH.
They’re competing with Ethereum’s Layer 2. Through that lens it’s hard to see them as anything other than grossly overvalued.
Enjoy the pump while it lasts!
Putting billions of TVL within hours into copy paste coins with $2m marketcap isn't going to end well.
Just got some numbers for guaranteed yield. And the DELTA reserve vault has more in JUST DAI than the whole delta liquidity raise - absolutely crazy





