we're going to fork USD and remove the inflation
kirk
7,549 posts
kirk
@OneTrueKirk
- Joining Morpho Labs As some of you may have guessed from my new profile picture, I've recently joined Morpho Labs as a Protocol Specialist. I've known @PaulFrambot, @MathisGD_, and @MerlinEgalite for over two years now, and have a deep respect for the team's strong security
- Some days feel like years. Substantial bad debt against CRV. Some cvxCRV positions technically bad debt (slippage says they are actually underwater, even if market price doesn't). This whole thing has been a long time coming. A few takeaways: - @gauntlet_xyz vindicated for
- Reminder that the person encouraging you to lock governance tokens for years is not your friend
- The @Uniswap v4 singleton and its new accounting model would make it easy to do protocol level MEV capture as proposed here ethresear.ch/t/mev-capturin…
- 𝗖𝗿𝗲𝗱𝗶𝘁 𝗚𝘂𝗶𝗹𝗱 𝗗𝗲𝗽𝗿𝗲𝗰𝗮𝘁𝗶𝗼𝗻 I regret to inform you that the Electric Development Co has made the decision to deprecate the @CreditGuild and cease further development work. It’s been clear for some time now that the protocol has failed to achieve a sustainable
- For a lending protocol, buying put options can replace a conventional liquidations framework with either fixed discount incentive or auction model.
- Exciting times in the lending space, lots to learn from: @MorphoLabs Blue/Metamorpho becoming the go-to for risk managers to operate their own pools @LiquityProtocol v2 interest rate prioritizing redemptions @aave v4 implementing a variety of modern features like per-collateral
- TIL that @gauntlet_xyz vaults on @MorphoLabs would be the sixth-largest Ethereum native lending market by TVL if they were a standalone protocol
- Hello DeFi friends — It’s time to start making some noise around smart contract activated withdrawals for ETH staking. This is a barrier to trust-minimized liquid staking or lending against staked ETH positions. Hope to see this prioritized by core devs
