@koolkrypto223@ryskfinance I'm also moving to Derive. Risk Finance does offer a convenient interface and the ability to buy large volumes with one click, but behind all that convenience hides fraud.
I'm going to keep making this PSA, but selling vol through @ryskfinance is ALWAYS negative expected value regardless of the result of your trades. Calling it "no risk" to sell puts on a 80+IV asset is just irresponsible too.
To sell 300 $33 $HYPE April 24 puts, Rysk is paying you $242, or $0.81 per.
$HYPE has a 30d realized volatility of 82%. Plugging the Rysk premium offered into Black Scholes options pricing, they are paying you as if $HYPE were a 58% implied vol asset (close to BTC). If this paragraph made no sense to you, probably don't sell options.
On @DeriveXYZ you can execute the exact same trade and get paid $410 in premium, or around 77% implied vol. You also need 1/5 the initial capital to do it.
If you are bullish $HYPE, just buy $HYPE now, or set limit orders at $33 in case we wick down there. You are not getting "paid to set limit orders" because you have none of the upside if it does wick $33 and bounce.
You're just getting farmed for selling cheap vol (usually at ~40% discount) if you use @ryskfinance.
This dude just buys 5m/15m markets at 1Ā¢ and sits on $19.9k PnL on Polymarket
And the craziest part, his Win Rate is absolutely disgusting and insanely LOW
Win Rate on 30,895 predictions: 11.4%
He trades 15 min markets on ETH, BTC, XRP and SOL
There are dozens if not hundreds of trades where he hits 9,900%
Casually turns $10 into $1000 again and again
He just understood one simple pattern:
> Losing $10 98 times, just 1 damn win covers everything
And those spikes from 1Ā¢ happen way more than 1 out of 100
That's where the profit comes from
Absolute genius, pure cinema
His profile: https://t.co/oMReXGL3i2
You can copy him here:
https://t.co/90wrM3AUbd
@BTCadept@eulerfinance@Re7Labs This is definitely Euler's fault, regardless of how they shift their problems onto the curators. Look at how @GearboxProtocol handled this chaos and demonstrated a brilliant performance.
Please treat this as more than noise
Thanks @euler_mab for the update and for trying to reach out. That said, words matter less right now than concrete next steps we can follow as a community. A few things we (creditors / stakers / users) urgently need to see from Euler and the teams youāre trying to contact:
1. Clear timeline & outreach log. Which channels were used, when, and who at Elixir / Stream / StableLabs was contacted? Publicizing this (redacted where necessary) shows you actually tried and helps the community verify outreach efforts
2. Interim protections. If direct cooperation isnāt possible today, what temporary measures can Euler enable to reduce downside for users now?
3. Accountability mechanism for curators/issuers. Permissionless rails donāt absolve responsibility. Will Euler propose curator bonding, insurance pools, or on-chain remediation paths to prevent this repeating?
4. Concrete recovery roadmap. If the issuer teams engage, whatās the plan recapitalization, staged repayments, token swaps, escrowed settlements? Put options on the table so users can evaluate scenarios instead of guessing
5. Community escalation channel. If you canāt reach them, create an explicit ask: who in the community can legally/operationally help contact these teams? A public coordinator (or lawyer/mediator) would be helpful
6. Transparency on bad-debt accounting. Publish current bad-debt numbers, per-vault exposure, and which markets are truly isolated vs. systemically linked. Data > platitudes
We donāt want theatrics. We want a plan we can follow and audit. Silence or abstract promises leave users holding illiquid positions and magnify panic. If Euler is truly āworking around the clock,ā show us the work: timelines, logs, dashboards, and a list of proposed emergency actions the DAO can vote on today
Finally we need accountability. Whatās the first concrete step Euler will publish in the next 24 hours?
@Banbaoe@eulerfinance Damn it, this is so funny. I avoided questionable protocols that gave 30-50% per annum to put funds into an euler at 15% per year, thinking they would be safe and reliable. But in the end, I seem to be at risk of losing it all or part of it.
šØ DEFIāS NEW BLACK BOX: THE EULER EARN DEBT TRAP
It looked like passive income, itās actually pooled exposure to other peopleās bad bets
Euler Earn turned curated yield into a hidden debt machine, and most users still donāt realize how deep it goes
Hereās what really happens under the hood š
1. The nesting doll nobody explained
Euler has two layers: Earn and Vaults.
Earn looks like a safe savings product - in reality, it allocates your funds across multiple Vaults.
Each Vault is an isolated market with its own collateral logic, rate curves, and oracle setup.
So your āEarnā deposit isnāt static - itās moving through a maze of risk profiles you never agreed to.
2. One bad Vault poisons them all
If even one Vault in an Earn strategy develops bad debt, everyone in that Earn pool gets hit.
Because liquidity is shared - your clean USDT exposure can get sucked into a toxic loan somewhere else.
When the pool balance hits zero (like Hyperithm Euler USDT / Plasma), new deposits can be drained instantly by existing debtors.
3. The hidden liquidity flow
In theory, each Vault is isolated.
In practice, Earn ties them together - your tokens become general liquidity available to all Vaults inside that Earn strategy.
You think youāre funding a solid Resolv market? Next block, your USDT0 might be pulled into a dead Re7 xUSD position.
4. The ācollective riskā nobody priced in
Itās a design issue disguised as innovation.
Decentralized doesnāt mean independent - Earnās structure makes every participant a counterparty to everyone else.
If one curator misallocates, the whole structure bleeds.
5. When things break, the wait begins
Once bad debt appears, recovery depends on rising interest and liquidation incentives.
High utilization (like 74% APR on Frontier Resolv wstUSR) pushes borrowers toward liquidation - in theory paying lenders back.
But if liquidity dries up or Plasma shuts early, the vault becomes a graveyard of unclaimed promises.
6. The lesson nobody wants to hear
Every DeFi blowup is a reminder that transparency isnāt clarity.
Smart contracts can be open-source and still hide systemic contagion in design.
DeFi doesnāt need more yield - it needs fewer black boxes pretending to be savings accounts.
šØ EULER EARN - DEFI PARADOX STRIKES
You think your deposits are safe
Theyāre not - not entirely
One misallocated Vault can wipe out everyoneās returns
1. EARN VS VAULTS - HOW IT WORKS
Euler separates deposits into Earn and Vaults. Earn acts like curated Vaults: a portion of your funds is allocated across multiple Vaults by a curator.
Vaults themselves are isolated debt markets, each with its own parameters, interest curves, and collateral rules.
The hierarchy is simple but dangerous: Earn ā Vaults ā Markets (collateral-debt pairs). A problem at any level ripples upward.
2. THE RISK IN EARN
If your funds in Earn are allocated to a bad Vault that accumulates unrecoverable debt, all Earn participants are affected.
Even if you originally deposited into a āsafeā Vault, your liquidity can be pulled into the general Earn pot and exposed to other Vaultsā risks.
For example, in Hyperithm Euler USDT (Plasma), bad xUSD debt in Re7 is already paused, but any deposit entering the common pot could be claimed by other contributors.
3. LIQUIDITY TRAPS AND RECOVERY
If thereās nothing left to withdraw from a bad Vault, the accrued interest from other Vaults may push collateral to liquidation points.
This mechanism allows lenders to recover USDT0, but itās highly dependent on remaining liquidity and interest accumulation.
In Frontier Resolv wstUSR, 100% utilization yields 74% interest, meaning patient lenders can eventually reclaim funds - but this requires time and risk tolerance.
4. LESSONS FOR DEFI USERS
Euler highlights a critical paradox in DeFi: isolated markets may hide cross-contamination risks.
Interface simplicity can mislead: your āsafeā deposit may actually be exposed to risk from other Vaults inside Earn.
Transparency, curation discipline, and monitoring are crucial - paranoia isnāt overkill when billions are at stake.
--------------------------------
Every misstep in vault allocation is a wake-up call for the industry.
DeFi protocols must become more transparent and resilient - user funds should never be unknowingly pooled into bad debt.
Euler Earn shows that even ātrustedā platforms can hide hidden chains of risk, and careful allocation is the only defense.
Can someone explain why Euler is just... watching this happen?
@SiloFinance is out here LAWYERING UP to protect their lenders after Streamās $93M rug
Thatās how you show up for your community
Euler fam deserves the same
Stream blew up, froze withdrawals, left ppl hanging
Silo DAOās fighting back collecting claims, splitting legal fees, chasing every dollar
Meanwhile, Eulerās quiet
DeFiās supposed to be community-first, right?
Letās see @eulerfinance action
Itās time to focus on what really matters ā the lenders left hanging after Streamās mess
Reposting @euler_mab is fun, but keeping your users is better
Base price: $0.0001, but with premarket 5Ć ā everyone will likely bid $0.0999, so expect massive oversubscription.
š° Hold for ~20 days = ~13% ROI before main listing.
Iām loading my bags here.
š Key dates:
⢠Reg: Oct 15ā27
⢠Sale: Oct 27ā30
⢠Allocation calc: Oct 30āNov 5
MegaETH sale guide for those still confused š
š Reg: Oct 15ā27
š° Min $2.65K / Max $186K
š¦ Auction: Oct 27ā30
If your bid matches or beats the final price ā you get in.
If not ā refund. Simple as that.
#MegaETH#Crypto
MegaETH sale incoming š„
Auction between $1Mā$999M FDV.
Min $2.65K, max $186K allocation.
Strong concept but limited upside ā likely 2ā3x if FDV hits $1B.
Mostly a whale playground, but still worth watching š
#MegaETH#Ethereum#Airdrop
How to ape into the MegaETH sale š
Register before Oct 27
Bidding starts Oct 27ā30 (English auction style)
Min $2.65K / Max $186K per wallet
Win if your bid ā„ final price
Big money game ā but there might be rewards later for participantsš
#MegaETH#Ethereum#Airdrop