redbatonant

Making sense of things that don't

[redbatonant @redbatonant]

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[redbatonant @redbatonant]

@henrythe9ths AI guide

[redbatonant @redbatonant]

Flipside has been a tremendous tool for analysing on-chain data. It's quite humbling to see how quickly the ecosystem is maturing, and we're just getting started!

https://t.co/70Vx2W4j1e

[Flipside 📈🤖 @flipsidecrypto]

1/ A bit of news: @flipsidecrypto has raised $50M. Yeah, we’re excited (and humbled 🙏).

All the deets in this Gitbook: https://t.co/O1Hz1btlZJ

Thanks for leading @_rcapital_ with @trueventures; @GalaxyDigitalHQ; @terra_money; @dapperlabs; @M13Company; @arjunsethi; plus…

[redbatonant @redbatonant]

@flipsidecrypto @_rcapital_ @trueventures @GalaxyDigitalHQ @terra_money @dapperlabs @M13Company @arjunsethi Awesome stuff!

[redbatonant @redbatonant]

@LYMEEEE @Defi_Maestro Why choose when you can have both?

[redbatonant @redbatonant]

@cryptomanran @milesdeutscher @anchor_protocol Here you go

https://t.co/6rOYaHs1dj

[redbatonant @redbatonant]

1/ The $ANC yield reserves are being depleted more quickly than before.

We know it was designed to stabilise @anchor_protocol's famous 20% earn rate.

But, what drives the depletion of the reserve?

Is the protocol healthy?

A thread 🧵👇

[redbatonant @redbatonant]

It would appear that the cashio hacker stole from the rich and gave to the poor

[0xavarek @0xavarek]

Here is where this hack gets really interesting.

During the process of our probe, we discovered a hidden message that was embedded by the hacker in this particular transaction https://t.co/k3fHBn0uXS.

In viewing the input data as UTF-8, we found this:

[redbatonant @redbatonant]

Many thanks to @sem1d5 @Defi_Maestro for their valuable feedback, @flipsidecrypto for their charts and datasets.

Full report: https://t.co/Sn2ddeZ31T

[redbatonant @redbatonant]

1/ The $ANC yield reserves are being depleted more quickly than before.

We know it was designed to stabilise @anchor_protocol's famous 20% earn rate.

But, what drives the depletion of the reserve?

Is the protocol healthy?

A thread 🧵👇

[redbatonant @redbatonant]

If you enjoyed this thread, it would help if you could share it by retweeting the first tweet below:

👇

https://t.co/CuDFRNHpAx

[redbatonant @redbatonant]

1/ The $ANC yield reserves are being depleted more quickly than before.

We know it was designed to stabilise @anchor_protocol's famous 20% earn rate.

But, what drives the depletion of the reserve?

Is the protocol healthy?

A thread 🧵👇