ermin

@chamberfi ecosystem

[ermin @_ermin]

@0xDesigner @morganlinton Doesn't cursor use git?

[ermin @_ermin]

If more defi protocols implemented rate limits, it would be much safer.

Also in the early Ethereum expensive transaction era, many protocols focused on gas savings over additional in-depth security checks. This should be changing now also

[Manuel Aráoz @maraoz]

PSA: I now consider *all* of DeFi unsafe.

Coding agents are superhuman at finding vulnerabilities, and smart contract security is too asymmetric: defenders need to fix every bug while attackers need just one exploit to steal funds.

[ermin @_ermin]

@maraoz On the flipside, the attack surface on smart contract code is pretty narrow

[Ondo Finance @OndoFinance]

It is with profound sadness that we announce the unexpected passing of Nathan Allman, Ondo's founder. Our hearts are with his family and loved ones.

Nate’s brilliance, humility, and drive shaped every part of what Ondo is today. His belief in the power of technology to create a more open, accessible financial system lives on in everything we build. The impact he had on this industry, and on all of us personally, cannot be overstated.

Nate also helped us build a durable organization with experienced leaders across all facets of the business. Ian De Bode, Ondo Finance’s longtime President, will serve as CEO. Ian has been leading our strategy, product, and day-to-day operations for over two years and has the full confidence of the leadership team.

We will continue building what Nate started. That is the most meaningful way we know to honor him.

[ermin @_ermin]

@torosfinance 💪

[ermin @_ermin]

@DeFi_Dad Are some people using their position at the EF as a stepping stone to other opportunities?

A bit like how government workers leave to work in private industry for more money

[ermin @_ermin]

@kermankohli @Zeb_dyor Yeah idk man, hardware profits will probably compress just like they did in dotcom. Anthropic, openai are still not profitable.

I'm not a bear, just saying. It's human nature to overheat on things like this

[ermin @_ermin]

@kermankohli @Zeb_dyor Just like today, the infra companies were the big revenue winners of the dotcom era (IBM, intel, microsoft etc)

They all got crushed when it popped.

I'm not saying it mirrors, but can't close your eyes to a rhyme.

It could also continue going up for years before popping

[ermin @_ermin]

@kermankohli @Zeb_dyor Just playing devil's advocate, you could make the same arguments for the dotcom era

[Toros ♉︎ @torosfinance]

BTC upside, with a floor underneath

Bitcoin Bull Protected 3X now has ~$169k deposit capacity

For traders who want leverage without trusting BTC to behave

[ermin @_ermin]

@taminater02 Yup i just threatened Opus with switching and it became 2x faster

[ermin @_ermin]

how am i gonna get anything done today

[ermin @_ermin]

@torosfinance @merkl_xyz 👀

[Toros ♉︎ @torosfinance]

~40% APY on Toros' delta-neutral LP.

~14% base + ~26% @merkl_xyz rewards.

Beats most stablecoin yields right now

[ermin @_ermin]

40% APY with USDC rewards

[Toros ♉︎ @torosfinance]

https://t.co/MHycb1UGkP

[Toros ♉︎ @torosfinance]

https://t.co/v9KtCz7C5v

[ermin @_ermin]

@kaiynne Wtf

[ermin @_ermin]

A clean tokenised STRC is great, but

An even bigger deal imo is proxy voting.
When you buy a Blackrock ETF, you don't get to vote on decisions of the underlying companies. Blackrock does.

On chain stocks are not only more accessible but also give governance to token holders 🤯

[Ondo Finance @OndoFinance]

Another landmark week for tokenization.

Proxy voting comes to tokenized stocks, Visa expands stablecoin settlement to five new chains, Meta adds stablecoin creator payouts, and more.

Latest tokenization news ↓

1️⃣ Stretch accelerates Strategy’s bitcoin buying, now the world’s largest institutional holder of bitcoin

Increased buying demand has been driven by Stretch (STRC), a high-yield perpetual preferred stock the company has been issuing.

https://t.co/bB9mHRisB7

2️⃣ Ondo partners with Broadridge to bring voting capabilities to tokenized stocks

Holders of Ondo tokenized stocks and ETFs will be able to express proxy voting preferences for the underlying securities.

https://t.co/QXarIoc2Kk

3️⃣ FIS Launches Bank-Focused Platform for Digital Currencies

It enables banks to issue, manage and settle their own digital money while keeping those deposits on their balance sheet.

https://t.co/nplZvVU5c1

4️⃣ Meta starts supporting stablecoin creator payouts

Meta now supports stablecoin payouts to creators in Colombia and the Philippines via USDC on Solana and Polygon. Stripe is providing the payments infrastructure.

https://t.co/JUWbVhpXlB

5️⃣ State Street to launch tokenized fund servicing from Luxembourg by year's end

The service is intended to extend the firm’s existing fund administration, custody, and transfer agency capabilities.

https://t.co/YFMFnAZgEq

6️⃣ Visa adds five blockchains for stablecoin settlement

They also announced that volumes in the settlement pilot had grown 50% since the previous quarter, reaching an annualized rate of $7 billion.

https://t.co/W8pQguwjTS

[ermin @_ermin]

@euler_mab @hosseeb Yeah makes sense. Hopefully better products will win over time

[ermin @_ermin]

@euler_mab @hosseeb Anything you can share?

Backdoor deals where competitor lenders get a boost if they don't supply on Euler or something else?

I naively think it's good to get this stuff in the open as much as possible