modellabs

Community-friendly, transparent models: Powerful tools for everyone in the crypto world.

[modellabs @blockmodel_lab]

GHO Community Sim is back.

In the coming days we'll ship an off‑chain, high‑fidelity #GHO model: methods & scenarios that make risk analysis accessible, usable & verifiable for contributors, risk teams, researchers & traders.

Start here: live index in the first reply 👇 NFA

[Aave Grants @AaveGrants]

Community-Friendly GHO Simulation Model

Building a high-fidelity GHO simulation model to make risk analysis accessible, usable, and verifiable by the broader community.

https://t.co/52AICPfRdU

[sassal.eth/acc 🦇🔊 @sassal0x]

Leading Ethereum projects announced today that they're launching the 'Ethereum Protocol Advocacy Alliance' to coordinate policy efforts.

Ethereum has needed something like this for quite a while now so I'm excited to see major players leading the charge!

[modellabs @blockmodel_lab]

@Balancer v2 getting hit was an infra problem.

$xUSD depegging is the second-order blast up the OCCA / "risk curator" stack — pretty much a live demo of the usual issues: rehypothecation loops, opaque vaults, centralized control, not enough transparency.

[Chaos Labs @chaoslabs]

https://t.co/Zm3i0VU8RJ

[TokenLogic @Token_Logic]

$GHO and $sGHO reached new important milestones!

$sGHO just crossed the 200M mark in circulating supply, growing by ~18% over the last 30 days.

Over 200M $GHO are currently earning a 7.18% yield without any protocol exposure. Simply deposit and earn.

Meanwhile, $GHO also hit a new ATH at 334M in circulating supply, up 17% over the same period.

With more integrations coming, we expect $GHO growth to remain strong through the end of the year.

[modellabs @blockmodel_lab]

🧵4/4

Next 1–2 weeks

Aave vote/execution;
Sky decision & buyback caps;

✅Why it matters: designs turn into on-chain data.

✅Takeaway: set alerts for execution txs, fee curves, and USDS/liquidity metrics.

[modellabs @blockmodel_lab]

🧵1/4

Protocol Mechanics & Tokenomics — Weekly on 10/24

Highlights:

🔹$Aave : permanent buybacks prop ($50M/yr) + $20M now
🔹$SKY; USDS buybacks ~$300k/day (prop; ~90d transition)

[modellabs @blockmodel_lab]

🧵3/4

Sky/USDS (prop)

✅Staking rewards paid in $SKY (not USDS); 500M SKY → treasury; USDS buybacks ~ $300k/day; ~90d transition
✅Why it matters: align incentives & back the peg
Takeaway: tighter loop; watch dilution vs treasury risk

https://t.co/TqpsATFiRa

[tobal @tobalgarcia_]

Huge change potentially coming for $SKY holders:

• Fresh proposal to switch staking rewards from USDS to SKY, to SKY stakers.
• 500M SKY tokens moving to treasury for first implementation of SKY staking rewards
• SKY buyback rate would increase to 300k USDS PER DAY.
• After 90 days, rewards would be funded by SKY acquired via buybacks to make the system sustainable.
• Can revert if market conditions change.
• To be discussed in the @SkyEcosystem Community Call tomorrow.

[Cointelegraph @Cointelegraph]

🚨 UPDATE: 2.3M $ETH is now waiting 40 days to unstake.

[modellabs @blockmodel_lab]

8/8

TL;DR

Still a proposal—subject to vote. Beef up the peg (bribes + PegKeeper) first, then open a $1B crvUSD line to YB (~$500M capacity). Same design, bigger scale.

NFA/DYOR

Proposal: https://t.co/ifc1DbVqXi

[modellabs @blockmodel_lab]

1/8

Curve plan to scale ybBTC—bigger credit line, stronger crvUSD peg infra.

Quick read: more room for Yield Basis (YB) and more robust peg plumbing. Pending governance vote. 👇

[modellabs @blockmodel_lab]

7/8

User impact

If passed: more ybBTC capacity, fewer cap headaches—same hygiene.

Watch peg health, fees vs. rebalance costs, LTV drift, depth/liquidity.

Bigger pipes help manage tail risk; they don’t erase it.

[modellabs @blockmodel_lab]

🧵8/8

TL;DR

ybBTC = a share that targets ~1× BTC + fees. Not principal-protected.

NFA/DYOR.

https://t.co/kVZH0O9QKC

[modellabs @blockmodel_lab]

🧵1/8

BTC LP without the usual IL? Meet Yield Basis (ybBTC).

It tries to keep ~1× BTC exposure and collect AMM fees on Curve. 👇

[modellabs @blockmodel_lab]

🧵1/8

BTC LP without the usual IL? Meet Yield Basis (ybBTC).

It tries to keep ~1× BTC exposure and collect AMM fees on Curve. 👇

[modellabs @blockmodel_lab]

🧵7/8

Who it suits

✅Want BTC cash flow? Stay unstaked.
✅Want emissions + governance? Stake and maybe vote-lock.

You can switch if the market changes.