For the past 5 months several unwell people @LidoFinance have been trying to build the most private AI imaginable. Today I'm opening the waitlist.
Wisp (@usewisp_io) is the antithesis to Sam and Dario's 'trust me bro' privacy. Architected so no one - even Wisp - can read, train on or retain your data.
Waitlist: https://t.co/3xFnn3TNO8
How it works:
@HorinekPM@serotonin_hq@base I thoughts that Base were missing out on the incentives side compared to the more aggressive ecosystems. Congrats on this role!
We painted the town orange with the launch of R[3]sidency 🟧
Cohort in. Partners locked. Ecosystem + government in the room.
Backed by @coinbase, @base, @animocabrands & @foundersfactory, we kicked off 16 weeks of building, shipping, and pressure-testing venture-scale ideas in the UK.
See day zero 👇📽️
@FrankieIsLost Very nuanced but yeah I agree. I guess liquidity is not the main moat but the things that enable liquidity is the real moat, but that’s hidden; liquidity is what we see, and what we don’t is the invisible moat.
@jay4291 Does not impact Droplet amount earned so far.
Would love to see anyone who takes over the protocol maintenance to distribute some additional rewards to the droplet owners, ofc.
After the Drop wind-down announcement, a few teams reached out about taking over Drop asset maintenance. Since the interest exists, we are going to run an organized process to define who takes them over. Please DM me for the details if you're interested.
After much thought, we’ve made the difficult decision to wind down Drop Protocol and the Drop Foundation.
Drop grew to become the largest LST in the Interchain — something we’re deeply proud of — but the current direction of the ecosystem and market conditions make it hard to sustain.
We are doing our best to treat the wind down in an orderly and responsible way:
- Aiming to secure ongoing maintenance of the most adopted Drop assets
- For droplet holders, we are exploring distribution of revenue accumulated by the protocol so far.
Thank you for believing in us and for being part of the journey.
A perfect storm for the tokenized strategies resiliency
The ones that go through the black swan event unscathed will become the backbone of DeFi in the years to come
Following yesterday’s market volatility, systems operated as expected with all monitoring and risk controls functioning smoothly.
Liquidation fees captured during the drawdown contributed positively to maxBTC’s performance.