@scottmelker Dude, everyone flipped out last Baer market about him as well and then during the bull he silenced them all. Do you think bitcoin is not going back up to a new ATH or something? I feel like there are much more important areas to talk about than this.
UFC fighter Sean Strickland posts an AI video of himself beating up transgender Dylan Mulvaney to kick off Pride Month.
The video appeared to be a fake Bud Light ad.
"Ive yet to see one rainbow flag. We're back!!!" Strickland said.
"Say what you want about Trump but June has got far less gay," @SStricklandMMA said on X.
"so you staked your ETH on the Ethereum blockchain to earn yield?"
"yes, Dave"
"except you didn't want your capital to be locked up so you actually staked it with a liquid staking protocol called Lido?"
"that's correct, Dave"
"and Lido gave you a liquid staking receipt token called stETH in return?"
"yes, Dave"
"and then you didn't think that was enough, so you juiced the yield even further by depositing your stETH receipt tokens into a restaking protocol called Eigenlayer?"
"you are correct, Dave"
"and now you didn't want to lock up your capital, so you actually restaked with a liquid restaking protocol called KelpDAO who provided you with a liquid restaking receipt token called rsETH?"
"you got it, Dave"
"and then that was surely not enough juice, so you then deposited your rsETH tokens into a lending protocol called AAVE so that you could open a leveraged looping position that borrows ETH against the rsETH collateral and restakes the ETH into rsETH which is then deposited as collateral, except it turns out rsETH used a cross-chain bridge called LayerZero whose security is held together by a 1/1 toothpick, which was obviously hacked by north koreans causing rsETH to become undercollateralized and now these looping positions are stuck and unprofitable, and everyone is pointing fingers at each other, and also DeFi is a very serious industry"
"you are 100% correct, dave"
jfc.
🚨 JUST IN: The US House has PASSED the BOWOW Act, which makes any non-citizen who assaults or harms a federal working dog AUTOMATICALLY deportable, 228-190
This comes after an Egyptian man KICKED CBP Detection Dog Freddie, who caught him SMUGGLING illegal goods into the US
Good boy, Freddie!
Of course, most Democrats voted against this.