DeFi just rugged DPRK of $70M.
This was surely an insane undertaking by a massive amt of people.
I want to say thank you to EVERYONE who played a role. Including those who pushed back.
Great things rise from tension, from the hard moments.
This is DeFi.
DeFi fucking wins.🫡
DeFi learns through failures. Whether it's from the collapse of Terra, broken auctions during Black Friday in 2020, or the stETH depeg in 2022, it has failed over and over again--but with every failure, it improves.
People talk all sorts of shit about this, but it's no different from how TradFi learned from banking crises, lending contagion (2008), or fraud (savings and loans crises in late 80s).
The important thing is that these failures are not fatal. The heart of DeFi is risk-averse and robust. AAVE might take on some bad debt, but it has the equity to pay it.
DeFi isn't going away. And seeing the vigorous debate around how to improve it is exactly the process by which it keeps getting better.
Bullish DeFi, and bullish this community.
Please Dario can I get a whitelist spot for Mythos I’ve been active in the Discord for 6 months do not betray your COMMUNITY we will not forgive we will not forget 😡😡😡
I'm running for US Congress. Seriously.
Imagine common sense crypto policy and regulation, aligned with American dynamism.
Check out our list of new Crypto Policies we will support, linked below.
https://t.co/TOylxM5Hk3