The story about Circle freezing a pool due to a court order is significant in the context of our announcement this same week of the @eulerfinance integration-
https://t.co/DUyEegEvc6
One of the key things we do when integrating a DeFi protocol is ensuring that if we have the obligation to freeze an investor position we can do that AND ONLY THAT, without having to impact other positions or investors in a pool.
This is much more complex than simply whitelisting a pool address in a permissioned token, and that’s why the capabilities of our DS Protocol being used by Euler enabling this is such a relevant development.
We do the hard things to future proof our utility, and make sure DeFi becomes an advantage and not a risk.
@OndoFinance The Securitize team sends its deepest condolences to Nathan’s family, friends, and the entire Ondo team.
Nathan played an important role in the growth of the RWA space and helped bring greater attention to tokenization and onchain finance.
He will be missed.
@ThomasFarley Just to be clear, I agree with you, but @johnjdagostino shared this which made me doubt it but maybe its apples to oranges.
https://t.co/djHuFsanJU
@finnstr NYMEX tried this years ago when ICE launched financially settled contacts against NYMEX prices/contracts. TL;DR - once the settlement price is public, not much NYMEX could do about it. Imagine this will play out in a similar way