They arrested the developer of tornado cash. 🚨
I repeat: a man was arrested for writing code that served as a public good for people to maintain their privacy online.
They put a man in jail because bad people used his open source code.
This cannot stand in any free society.
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Liquidity is the backbone of DeFi and we built @PopsicleFinance to make it simple for our users to manage and profit off of it. Here are some lessons we’ve learned and where we’re heading.
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2022 is shaping up to be one of the most turbulent years for crypto and especially for DeFi.
Optimism across crypto has evaporated and trust is at an all-time low.
Despite all the chaos, $MIM has shown huge resiliency and has proven that our product works.
A 🧵 on $MIM👇🏻
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Abra continues to produce the most incredible yields in DeFi. Yesterday, we refilled our Stargate USDC and USDT cauldrons. Both were depleted within an hour.
This reminded me of our famous (now infamous) $UST strategy. Some lessons learned and changes we’re making 👇🏻