Things are bad when the wettest country finds a way to run out of rain…
“The capital city of a country famous for its rain is running out of water amid delays to a landmark project.”
Thanks to @jude_webber for explaining this dysfunction so well to global audiences.
Great conversation with @pendle_fi on tokenization.
Bringing traditional assets onchain is the first step. The real value comes from the programmability smart contracts enable once an asset is tokenized.
Some insane yields are now available on-chain due to the Binance hack.
For example, if you lend USDC against PT-reUSD collateral on Morpho, you'll get a high double digit APY.
Appreciate anyone lending as you're saving my loops from a negative APY🫣
+$3.57M over four days, and USDai is recovering: up 5 consecutive days from its $19.5M trough. The points unwind is fully over. Bought more ethereum:0x0c1c1c109fe34733fca54b82d7b46b75cfb71f6e