Saint Rat
@saint_rat
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Your friendly neighbourhood llama-rat. Working on https://t.co/aVaIiOfeU8
Sewers
Joined September 2017
Wait what, since when is @CurveFinance profitable? Whilst public perception of $crv is quite negative, using curve products has been a positive for me over the years. Thanks for building
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We say thx they allowed us to work hard running the testnet We say thx they allow us to pay for their token We say thx they allow us to stake our tokens and work hard again We say thx they allow us to pay for aztec blocks to be added to the $ETH L1 thx aztec /s
Someone ELI5 the aztec sale
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Literally what I devoted 8 years of my life to, and its so frustrating to see what actually succeeds instead
No one is being honest about crypto. The entire premise of the industry has been based around “getting rich quick” for too long. Everyone knows shitcoin trading as the primary use case is deeply unserious. But exchanges, VCs, and trading influenzas are heavily incentivized to
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Honestly the elixir and $deUSD situation hurts me so much😮💨 They were one of the first to use $BUIDL funds as collateral to mint $deUSD. I remember thinking, "here is a stablecoin I can trust". But the market has enough "safe" stablecoins, and wanted stablecoins with yield,
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When FTX exploded, literally all of DeFi was like “DeFi fixes this!!!!!” and then turned around to create opaque products where humans were borrowing and lending and leverage looping user’s capital completely off the books?
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Personally voting no against Curve DAO proposal 1255: https://t.co/kLBtody1JC While I respect Inverse as valued community members, I think 5% admin fee is just too low. I don't want to start a race to the bottom, and I want $CRV to have value.
curve.finance
Curve-frontend is a user interface application designed to connect to Curve's deployment of smart contracts.
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We need a way everyday people can: - tokenize their personal bank deposits - keep earning interest - mint a decentralized stablecoin against their balances Centralized stables aren't going to cut it Incentives are hard tho
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Very strange to see so many people defending the hardcoding of an oracle in these replies tbh... Obvs we've learnt nothing over the last few days...
By the way Every single money market that allows hardcoded "stablecoin" oracles is guilty and complicit in the loss of user funds. The greed for more TVL is what lead to this Today it was Euler and Morpho with xUSD But tomorrow it can be Aave with USDe
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We need to get back to investing and not trading Spot and chill, fuck the 4 year cycle Perps are posion imo - they shorten your timeframe by charging you interest and make you anxious to every small price change
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Taking a position (trading) in anything short-medium term is inherently negative and at best zero sum value Short-medium term trading is just trying to take someone else's money Only way to be positive sum value is to invest long term into a project/company/community Crypto
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We were promised TradFi would come to DeFi Instead, we got tokenized company promises in DeFi We deserve goblin town
in 2022 we had the rise and predictable fall of cedefi with celsius and other similar vehicles crashing and burning in spectacular fashion. in 2025, cedefi has reemerged as hybrid on/off chain protocols that pretend to be defi but are cefi under the hood. dont trust, verify
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Fuck CeFi masking as DeFi, esp Ethena, xUSD, etc We need to go back to Cypherpunk basics
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What websites can you actually recommend to newcomers of crypto to get their bearings? preferably for everyday peeps without a technical background
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