Gertrud

Elevating Plutus

[Gertrud @HerrGertrud]

@premarket_xyz Premarket

[Premarket @premarket_xyz]

A spread lets you bet on the exact price range a token lands in instead of a flat yes or no, with your max win and max loss locked in before you trade

Premarket

[Gertrud @HerrGertrud]

@premarket_xyz @megaeth

[Gertrud @HerrGertrud]

It's been a dreadful market to be and build in. Many folded, probably many more will.

But tomorrow one of the key teams of all of DeFi are bringing something new to the market.

Ready for @premarket_xyz and @megaeth to kick off a green summer.

[Premarket @premarket_xyz]

save the date

[Gertrud @HerrGertrud]

@plutus_fi_x Botanix to please crowd in a difficult market. Not surprised but sad to see.

[Gertrud @HerrGertrud]

@premarket_xyz Just 15 minutes until d-day. Best news this week!

[Gertrud @HerrGertrud]

@premarket_xyz Binary bets on complex targets were a crappy gateway phase.

Anything is measurable by numbers.

Anything can be a pre-market

[Sperax | SperaxOS @SperaxUSD]

https://t.co/ULznsJeds8

[Gertrud @HerrGertrud]

Not only is this worth a read. It's a whitepaper for a game changer.

Binary predictions are peak UX but have structural limitation and options have structural integrity but UX limitations.

@premarket_xyz have bridged that gap and they know their stuff.

[Premarket @premarket_xyz]

https://t.co/ease3mkPus

[Gertrud @HerrGertrud]

@premarket_xyz A sight for sore eyes. My SYK is ready

[Gertrud @HerrGertrud]

DMs open, if you're in Dublin May 30th-31st

Planned to participate in @EthIreland again but they had to cancel.

Guinness and business. I've got some RWA alpha to discuss.

[Gertrud @HerrGertrud]

Eyes on @premarket_xyz

Conviction play and expectations are high.

Also a trying wait since the first announcement last year.

[Gertrud @HerrGertrud]

Agentic trading. Not the hype way but the right way.

Safe, controlled, efficient, smart.

You'll see.

@plutus_fi_x @SperaxUSD

[Gertrud @HerrGertrud]

We've paused the bridge for $PLUTUS earlier today as a precaution.

We're reviewing our configuration and waiting for final verdicts and a post mortem on the recent issues with rsETH and related L0 OFT setup.

[Mikko Ohtamaa @moo9000]

So far it looks like LayerZero in-house node that was compromised:

This was a 1-of-1 LayerZero-operated DVN config, any failure/bug/bad input in their verification logic (rather than a random third-party) becomes the narrowest fault domain for the unbacked mint.

https://t.co/edKvuz0cfp

[Gertrud @HerrGertrud]

Due to how the RIZ markets work (Morpho contracts) there's a slight kickoff threshold that needs to be reached for the market to start behaving efficiently.

Some money needs to be deposited at low lending rates for there to be liquidity for borrowing.

But once the first batch is borrowed, the rate starts rising rapidly to incentivise higher liquidity post 90% utilisation and if utilisation drops it lowers the rates to incentivise borrows.

Earlier today USDC earned 22% on plvHEDGE lending as utilisation is high. Some deposits will again lower it to 5-10% which incentivises borrowing more.

Over the past days it's averaged 10-15% which is fairly good even considering the risk.

[Benjamin @Benjamin918_]

North Korea is scary, but 2 EOA signers controlling a $200M+ protocol is scarier

We should at the very least make it hard for them

[Gertrud @HerrGertrud]

@jojothecow On point.

The solution isn't less interaction it's more.

Social engineering isn't a new concept, as you said.

And also keeping your court clear with good or even decent security best practices would've blocked this attack.

So hiding behind the "evil geniuses" is a straw man.

[Gertrud @HerrGertrud]

While these are advanced social engineering attacks they still are social engineering attacks.

Downloading files in chats and forking external repos on your signing devices is risky.

Combine that with using a 2/x multisig to control your protocol paints a target on your back.

[Drift @DriftProtocol]

https://t.co/qYBMCup9i6

[Gertrud @HerrGertrud]

@oktay_rt @plutus_fi_x @RDNTCapital In DeFi listings are ad platforms for the token and their value is questionable at best.

IOW nothing to worry about w.r.t Radiant as a platform and DeFi-hub.