ndx

[Nassim Nicholas Taleb @nntaleb]

Sudden distrust after a long period of trust is irreversible.

[Navalism @NavalismHQ]

Universities, Incubators, and Venture Capital firms are really “Curation Businesses.”

@naval

[Stani @StaniKulechov]

Over the past several weeks, Aave has been developing a new risk framework that includes Asset Risk, Bridging Risk, Chain Risk, and advanced automation capabilities for risk management.

This framework establishes a new standard for how Aave assesses, monitors, and manages risk across the protocol.

After passing the proposal, the risk framework will be applied across all markets and assets. Assets that do not qualify for the new standard will be off-boarded from Aave over the coming weeks.

[ndx @Ndxlab]

@TheJerzWay 👋

[Kevin Dahlstrom @Camp4]

I climbed the ladder all the way to the top—only to realize all I really wanted was:

Good coffee
Unhurried mornings
An inspiring place to live
Time with family & friends
Sunshine and time outside

I bet your best life is pretty simple too.

Recognizing that is the first step.

[Lido @LidoFinance]

Following recent bridge exploits, Lido contributors are publishing the security principles behind wstETH’s multi-chain strategy, and why @chainlink CCIP was selected as the official cross-chain solution.

The analysis covers how Chainlink CCIP delivers strong decentralization, native safeguards, and issuer control as default protocol-level guarantees, which insulates wstETH from a number of attack vectors behind the Kelp / LayerZero exploit.

This decision was made last November by the Network Expansion Committee, with CCIP securing wstETH via 16 independent node operators, native rate limiting, and no vendor lock-in over token contracts.

Read the full breakdown from Lido contributors: https://t.co/OsoGnrM5UW

[Wazz @WazzCrypto]

So @LayerZero_Core caused this whole mess, then waited for every affected party to voluntarily contribute to cover it, including a industry wide crowdfunding campaign, and only after the hole was fully plugged they decided to contribute last minute with 5k eth

Lol, lmao even

[DeFi Dad ⟠ defidad.eth @DeFi_Dad]

I can't imagine anyone choosing to build with, or use L0 after all this.

Prior to the rsETH/L0 incident, I never fully understood the difference in tech between CCIP vs L0. So I wasn't going to avoid L0 if a multichain token was only supported as an OFT.

But now, I'd do everything imaginable to avoid L0 OFTs. Security matters, and second to that, actions matter in a situation like this. Their reaction to the whole debacle tells me all I need to know.

Aave could have turned its back on users and said "sorry it's not us, it's on them" but they rallied the troops around the situation to make things right. Or maybe Aave is just too big to fail and everyone's simply acting rationally to save the crown jewel of DeFi. No matter what, Aave has shown the type of leadership we all expected in the end. It's what we needed in this moment and I'm eager to see their plan fully executed.

Despite my initial disappointment with Kelp for their role in causing so much pain, I still empathize with their painful situation as a builder. I'm not excusing them but there's a reason I invest over building. Nothing's harder than building. At least, I give them credit for taking responsibility to donate a large portion of their treasury to help fill the ETH hole.

There is no textbook procedure as to how to handle all this, but in my opinion, L0 has royally fucked it up. I rarely see things so black and white but I'd stay away from L0 after all this.

They're hugely accomplished builders in the space but for the huge role they aim to play, you want to know if something ever goes wrong, that a protocol, team, and founder will be accountable to their users.

I would assume L0 has listened carefully to lawyers about making more statements, and if that is the case, it's a huge blunder. You've been totally rerated by DeFi users as completely untrustworthy in a world that relies so heavily on investor confidence and trust.

Despite all this, the ZRO price has held up well. ZRO still has a low float (25% of FDV) with some big unlocks coming in June that will more than 2x the circulating supply. The promise of a new L1 must be partially why the token hasn't dumped more dramatically following this incident. There's also so little liquidity to be sold.

I can't help but be extremely frustrated and disappointed with L0's response. And keep in mind, I'm lucky I have no funds at stake against rsETH collateral.

[Sahil Bloom @SahilBloom]

My grandfather told me:

The worst decisions in life are made when you allow your head to talk you into something when your gut already said no.

I'll never forget that.

[Law of Attraction @LAWOFATTRACTlON]

What you believe about yourself sets the ceiling.

[Yam Peleg @Yampeleg]

The dumbest person you know is being told 'you are absolutely right' by some LLM right now.

[Chris Millas @ChrisMMillas]

Investing is one of the only games where you make more money by doing less.

Your compulsion to do — to trade — only makes your brokerage richer and you poorer.

Inaction is the path to success.

This is the way.

[Chris Millas @ChrisMMillas]

Your job as an investor is to organise yourself to survive over time as your portfolio compounds.

[IncomeSharks @IncomeSharks]

Every financial app should automatically close 25% of your position every time a screenshot is taken.

[Eric Jorgenson 📚 ☀️ @EricJorgenson]

"Having children is the most optimistic thing somebody could do. It means you care about and believe in the future.

I always encourage my friends to have kids, and I’m happy to see many of them do. Afterward, they thank me. Not one person has said they regret it. Ever."

- @elonmusk

[Bryan Johnson @bryan_johnson]

It's amazing what happens to my mind when I read about the universe. I love how it makes all of my problems seem trivial and elevates my aspirations to unimaginable things.

[Sahil Bloom @SahilBloom]

Every single thing you do today is something your 80-year-old self will wish they could go back and do. Slow down. The good old days are happening right now.

[Sahil Bloom @SahilBloom]

Nobody tells you this: Intelligence is overrated. Intelligent people are more likely to overthink, overplan, and overanalyze. They create complexity rather than doing the boring thing that works. The people you admire have a violent bias for action. Courage beats intelligence.

[Sahil Bloom @SahilBloom]

Nobody tells you this: Dopamine from information gathering is a dangerous drug. It’s the dopamine from reading, planning, or learning, but never doing. Stop looking for more information and start acting on the information you already have. Get your dopamine from action.

[Chainlink @chainlink]

JUST IN: @CantonNetwork adopts Chainlink data and interoperability standards to unlock institutional tokenization.

✅Data Streams (incl. 24/5 equities)
✅ SmartData (NAV & AUM)
✅ Proof of Reserve
✅ CCIP

Canton 🤝 Chainlink