Jobar

DeFi Risk Analyst.
Built UMYO - ERC4626 vault rebalancing USDC accross Morpho on Base.
Writing about what I find.

[Jobar @_Jorick]

@SteakhouseFi Nice one!
Very excited about the Basin launch.
Curious to see how the settlement financing performs in practice and how the adoption plays out.

[Jobar @_Jorick]

Full report -> https://t.co/ucWaIKJpsb

[Jobar @_Jorick]

Last week, I analyzed the Steakhouse Prime Instant USDC vault on Morpho Base.

$468M deployed. 4.66% APY. And a few things the frontend doesn’t tell you.

Here’s what I found 👇

[Jobar @_Jorick]

Is this vault dangerous? No. Steakhouse's framework is serious. The collateral quality is real.

The curator has a track record. But the "Instant" in Prime Instant is a design target, not a guarantee under stress.

The 4.66% APY reflects the risk honestly. Know what you're in.

[Jobar @_Jorick]

Stopped endlessly studying DeFi and finally shipped something real 🎉

UMYO is now live on Base:
an ERC4626 vault that rebalances USDC daily across the best Morpho vaults.

Building it taught me more than months of tutorials ever could.

https://t.co/trYi7KH5li

[Turshija @turshija]

I got completely owned by the most sophisticated hack I've ever encountered.

I'm a developer. I know what scams look like.
This didn't look like one.

🧵

[Jobar @_Jorick]

reported a stored XSS in Apache Superset v4 and it’s now a public CVE (fixed in v5) 🙌

[Jobar @_Jorick]

@TomReppelin https://t.co/ixtT0kFKpN is not bad for that

[Relend Network @relend_network]

Relend Network pre-deposit campaign Season 1 is live on @MorphoLabs

Full campaign details: https://t.co/vpLPzmmx8l

Earn yield, MORPHO tokens and RELEND units!

🔍Relend Network leverages ERC-7770 to solve liquidity fragmentation of L2s by enabling the adoption of fractional banking.

Earn higher APYs with max units exposure in the Relend $USDC vault.

🛡️Wanna play safe? Get Relend Units for depositing into any of Morpho’s Flagship vaults (curated by @bprotocoleth and @BlockAnalitica)

Lend.Relend.Repeat

[Relend Network @relend_network]

Introducing RelendBot https://t.co/b3CMqM41vd

Harvest RELEND units every 12 hours.
Complete quests for additional RELEND units.
Compound RELEND units by referring friends.
🌀

[Relend Network @relend_network]

Lend. Relend. Repeat.

Lending vs Relending

DeFi is the future, but there’s one thing it’s missing—credit. Enter Relend Network, bringing the power of fractional reserve lending to crypto! 💸
View full article: https://t.co/S0rNgQGkv6

[Morpho 🦋 @Morpho]

Build Finance Like the Internet 🌐