@zhusu Curious what you think the motivation was for attacking Luna? They must've known that 3AC wouldn't be able to pay back the ~2b in loans if Luna/market collapsed hard or would they have been completely unaware 3AC positioning?
@FroyoFren a p/e multiple of 5 is conservative too. most growth stocks are 10-15. for late stage startups doing around 300mm in ARR the going rate is more like 30-40
@RyanSAdams Yep. I made instant swaps between ETH and USDC this morning on Argent using ZkSync/ZigZag for $1. Not having to wait or pay $50 to trade ETH/stables was incredibly refreshing
@HighyieldHarry no one:
crypto twitter analysts:
there's a hidden bullish divergence forming, this pizza is going to 100K guaranteed. buy the dip while you can
@Flynnjamm@hnshah@rabbithole_gg A simple verification mechanism of the underlying contract could probably solve a material % of the issues ie., "This contract is not trusted" before approving a transaction
@Flynnjamm@hnshah@rabbithole_gg The wallet UX is what is lacking the most. The wallet is fundamentally key to web3 but gives no layer of protection against scams. If anything it conditions people to fall for them. Connect -> Approve Interaction -> Accept Transaction.