People are excited about earning 11.5% APY on $STRC and pumped about weekly payouts. 🙄
Buy some $CVX, use @ConvexFinance to lock it. Delegate rewards to @StakeDAOHQ.
Earn 15-30% APY paid out weekly in stablecoin. This has been around for years, it’s battle-tested and it’s all #defi.
And you don’t have to worry about CurveFinance selling its #BTC or getting liquidated.
@CredibleCrypto
Seeing a lot of fears about Claude Mythos allegedly releasing today or tomorrow and "everything getting hacked".
I suspect that we should not directly translate its success in detecting bugs in browsers and Linux Kernel to smart contracts. The software where Mythos found something is containing tens of millions lines of code and simply cannot fit the context.
Smart contracts are really different. They usually have a few thousand lines of code, and both humans and "usual" AI perfectly fit that code in context and can reason well about it.
So I suspect we might not be having a wave of DeFi code hacks, but we may see a lot of things in OpSec getting hacked (looking like multisig keys compromises) and supply chain attacks on frontend dependencies, and those are way less dangerous in true DeFi
People are overthinking the 32 BTC sale.
“Why sell?”
“Why not just buy less next week?”
“Is this bearish?”
Michael @saylor already explained the logic:
• If Bitcoin can’t be sold, critics say it has no value.
• If it has no value, the balance sheet value is zero.
• If the balance sheet value is zero, credit rating agencies ignore it.
• So you sell a tiny appreciated portion to prove Bitcoin is liquid, valuable, and real.
@maraoz What a moronic thing to say.
Less than 10% of past year DeFi issues are due to codebase.
It’s mostly bad parameter configuration, collateral blow up and poor opsec.
Leverage is always a hard choice, but the right tech is an easy decision. 🛡️
In 2024, 2.5x DCA leverage into $ETH would have gotten you +150% gains.
In 2025, same story with a clear liquidation.
But! In @protocol_fx? The Liquidation Brake would have saved your position to a 50%!
How often does a stable/stable pair print 6% base APY?
fxUSD/USDC Curve pool: 300% utilization, $23m daily volume on $7.7m of liquidity, 99% staked.
Yield isn't subsidized when the pool is this used.
This is what "internet money" should look like:
• Always worth $1
• Transparently backed
• Earns T-bill yield natively through FraxNet
• Runs natively on 20+ chains
• Built for payments, FX and DeFi integration.
frxUSD is more than the average stablecoin,
a base layer enterprises can build on.
I heard that Curve was dead, so I had to check for myself, and it currently hosts 75% of the top DEX pools on ETH. Turns out CRV is still the Backbone of DeFi, and for very good reasons.
Those who say "crypto is dead" or "DeFi is dead" don't know what they are talking about.
Banks never operated in such harsh conditions, and they always get saved by the Big Printer. As a result, their infra is horrifically bad.
In DeFi, we have to make sure that our stuff is solid, and only the fittest survives