yyctradΞr
@yyctrader1
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Degen in Chief @DefiantNews
Joined March 2018
1/ On Losing Faith Is it over? Was it all a fever dream? Have we run out of steam? Is it time to pivot to AI for real this time? 2/ Everything is dead? BTC: DAT premiums down, nobody cares ETH: Stablecoin Alts: Crushed NFTs: Right click saved Meme coins: As expected tbh
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Here's a few insights on what I think is happening and how it's likely to affect us all as DeFi lenders and borrowers in the comings days/weeks... + First there is the Balancer exploit, one that hit a very trusted protocol and wiped out $128M. That money is gone for good, and
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Yield optimizer @StreamDefi has disclosed a $93 million loss, sparking fears of contagion across DeFi. Stream's xUSD trades below 30 cents amid growing concerns over the protocol's solvency. @Squiffs_ reports: https://t.co/6lDrYFCZY2
thedefiant.io
Staked Stream USD (xUSD) is trading at less than 30 cents on the dollar amid concerns about the protocol's solvency.
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BREAKING @megaeth ICO commitments have crossed $1 billion @Squiffs_ reports: https://t.co/AYBFybL0xc
thedefiant.io
The public token sale conducted via Sonar is oversubscribed by 20x, with just over nine hours until it closes.
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Journalism matters. The accounts cited here delivering breaking news rely on... journalists. This is not a jab at Blockworks -- it's great they are finding a profitable vertical in crypto information. But crypto is not fine without newsrooms and journalists. The opposite is
About Blockworks shutting down their news division: Tbh, you didn't have to be a rocket scientist to see this would happen sooner or later. The same is true for eg. CoinDesk. Crypto news have changed a lot over the years, and I feel what was the kicker was the arrival of Tree of
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Be VERY careful interacting with unverified @merkl_xyz campaigns. A bad actor is creating triple digit APR incentives on Sonic for depositing USDC into an Euler vault, and drains all deposits. This is how it works: Because Euler is permissionless, the attacker was able to
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Dankrad Feist's Ethereum departure situation was a big deal because of the loss of talent itself yes, but mainly because it exposed three major concerns about the biggest smart contracts chain: 1/4
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It's that time again... Sentiment Index - Extreme Fear✅ October 10 wick nearly filled✅ Another $1B+ in liquidations overnight✅ Cycle top calls everywhere✅
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Our Ecosystems podcast is now live! 🎉 The show’s first series focuses on the @avax blockchain and ep. 1 is all about the tech breakthroughs that make this L1 different–as well as the biggest drivers for blockchain’s success, as @el33th4xor sees it. Featuring @luigidemeo
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So much dry powder to pump our internet coins
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I just earned 43.51% APR in upfront premium with Cash Secured Puts on ETH. Join me on @ryskfinance:
app.rysk.finance
Rysk is a new DeFi primitive to earn upfront yield on crypto assets
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