John

[John @corepl]

@ilblackdragon @near_ai What if I clone someone elses repo or part of it, and pretend I'm the author?

[John @corepl]

@newmichwill @_kanarazu_ Maybe someday.

[John @corepl]

@KelpDAO When are vaults are going to be unpaused??

[John @corepl]

@Jason Would make sense, except you will need to fire all those drivers when replacing with autonomous vehicles. Bad press.

[John @corepl]

@atheystx @RobertFreundLaw “Nearly”

[John @corepl]

@hasufl @bkiepuszewski Wrong. rsETH on L2 are not burned&minted, they are stored in a proxy contract on mainnet (OFT adapter), L2 are IOUs in rsETH case. This is why they only stole 116k because that's what was stored on mainnet.
Some OFTs actually burn and mint tokens like PYUSD.

[John @corepl]

@bkiepuszewski @arbitrum We need bridgebeat too! educating about bridge risks

[John @corepl]

@TrustlessState RPC end points also need to be compromised. Maybe this was highest value target.

[John @corepl]

@ChainLinkGod Sorry but you have conflict of interest commenting on this. LZ is your competition.

[John @corepl]

@ryanberckmans You gotta be joking, main net gas has been super low for ages.

[John @corepl]

@crypto_condom @aave I think it remains to be seen if there is permanent erosion or just short term taking shelter. All depends how this will get resolved

[John @corepl]

@0xyanshu @0xngmi Disagree, why L1 rseth holders should be burned by this? They didn't choose to accept bridge risks.

[Fluid 🌊 @0xfluid]

Introducing aWETH Redemption Protocol

With ETH utilization at 100% on Aave, many lenders are currently unable to withdraw and face increasing risk if markets move.

aWETH Redemption Protocol allows ETH lenders to:

• Exit into wstETH or weETH
• Regain immediate liquidity
• Reduce exposure to liquidation risk

If you’re just lending ETH — you can fully exit.
If you have ETH collateral and another debt — your collateral is seamlessly swapped into wstETH or weETH while your debt remains the same.

We’re working alongside @LidoFinance , @ether_fi, @0xProject, @1inch,
@KyberNetwork, and other ecosystem partners to:
• Reduce systemic risk in DeFi
• Ease utilization pressure
• Support a healthier DeFi market

Our goal is simple: protect users while reinforcing the foundations of DeFi.

Capacity is initially limited to $1B in ETH.

https://t.co/VBIAT9FZyg

[John @corepl]

@duonine Fluid borrowing rate is 32% for at least 10h. Nice FUD.

[John @corepl]

@evrgn11112231 >Claude is arrogant, full of shit often, and loves to waste time and spin wheels and pontificate.

They captured essence of SWE perfectly!

[John @corepl]

@griffgreen @KelpDAO L2 rseth holders took additional bridge risk (most of them didnt understand it). Spilling this to L1 rseth holders, who didn't accept those risks would just bad.

[John @corepl]

@james_base_eth Well, if the bridge was exploited the collateral isn't really fake, is it? It's stolen.

[John @corepl]

@Elliot0x @BlockEnthusiast No, only L2 rseth holders will get burned

[John @corepl]

@BrandonR2R Bad take, rseth withdrawn is backed.

[John @corepl]

@blakes456 @0xyanshu @LayerZero_Core if your rseth is on mainnet, hold. L2 rseth if fucked