this market is a lose-lose for the @predictdotfun team market resolution states that the market will only resolve to YES if lighter launches a governance token in 2025 however, lighter launched $LIT and called it an infrastructure token with no mention of governance so either:

https://t.co/S7XHLTVaMU

500 followers 🥳🥳🥳 and my 2025 twitter wrapped @grok

interesting activity on the kabuto $100 market btw @Frosen bought more shares of YES if frosen keeps buying YES on dips, it makes their attempt at price manipulation even more inevitable and may point to frosen having a decent idea of kabuto supply also the more YES shares

3jane

also tagging some top holders in the market @Frosen @UnyieldingGrit @EfesumCrypto @eveningbtc @CarOnPolymarket @morellostorment @AnjunPoly

https://t.co/5mDsKA4yNu

usd3 has the 2nd highest fixed apy on pendle and is backed 1:1 by aave usdc deposits... and public liquidity mining hasn't even started yet

1/ This past month, 3Jane was heavily stress-tested by the crypto markets across 10/10 & tokenized hedge fund insolvencies. It also coincided with our first cycle of repayments. Sharing how our existing pool of credit lines performed across repayment rates, backing, and APYs.

[RFP] Path to a +$1B DeFi insurance protocol that solves for efficient premiums pricing, liquidity, and cp risk - attract retail staked ETH deposits (~0% hurdle) via a restaking protocol as an operator, heavily overcollateralized. call this LP symbiotic-synthetic-CDO-A - start

4) stables labs stables labs recently announced that they would attempt to restore USDX holders back to the referenced value of $1. the key phrase in their tweet was "subject to resource availability" which signals they may not have the available capital to honor the $1 peg.

3) elixir elixir was very much intertwined in the stream case. as stated before, stream utilized unbacked xUSD to gain leverage on their yield farming strategies. supposedly, elixir helped with this scheme and pumped the TVL of its own token, deUSD. flow of funds: stream mints

2) trevee trevee utilized funds that were staked into their yield-bearing assets to lend to money market vaults curated by mev capital. these money market vaults allocated heavily into supplying to stream, resulting in a big loss of funds for three of trevee's yield-bearing

1) stream finance stream recursively looped unbacked xUSD on money markets (ex: mint 1 unbacked xUSD, use 1 xUSD as collateral to borrow USDC from morpho, repeat) which gave stream greater leverage on their yield farms, but also effectively made money market lenders into stream

a brief breakdown of the collapse of yield-bearing "stablecoins" (for those who dont have the time to keep updated) credit to @yieldsandmore for most of this information

come listen to me talk tomorrow :O

1/ We're excited to announce our 3Jane x Aave integration. Our unsecured credit line implied APR now floats off the @aave V3 USDC borrow rate for real-time, market-responsive pricing. This is also a key step towards establishing a cryptonative credit spread.

for yield farming i follow a strictly barbell approach 80% of my funds are in ultra safe contracts like balancer (battle tested for 5 years) 20% of my funds are in riskier plays like stream this ensures outperformance

hope everyone affected by this is doing alright 🫡

Were excited to release our full public docs. We delve deep into our motivation, our credit underwriting algorithm, and most importantly our approach to default deterrence & offchain recoveries. All feedback is welcome. https://t.co/idAJvONoIc