Core CORE developer

Joined October 2020
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
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101% and 0% doesn't even begin to reflect the risk
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A warning first is likely not going to happen, sealed injunctions make you comply first and then adjudicate
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No serious DeFi developer will now do anything on L1s that are not stress tested over years and years.
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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.
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Not to mention the looming liquidation cascade after the blockchain restarts making the current cascade go even deeper in a cycle
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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.
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There might be some service interruptions over next few days while migration from all centralized services is happening.
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Did you try turning the future of finance on and off again?
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that was fast
Putting billions of TVL within hours into copy paste coins with $2m marketcap isn't going to end well.
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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!
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Putting billions of TVL within hours into copy paste coins with $2m marketcap isn't going to end well.
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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
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Market following 2017/2018 1:1? looking uncanny
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Replying to @0xRevert
August or September?
77%Yes
23%Yes
165 votes • Final results
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cLending and stable yield for DELTA is launching this month
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