The requirements for true DeFi infrastructure are simple but very (very) hard to implement at scale:
a) be permissionless: anyone can build
b) be immutable: anyone can own
Without these, you are most likely just building an onchain brokerage platform.
Users can now supply USDC to Gauntlet USD Alpha on @arbitrum
No bridging. No swapping.
Just intraday rebalancing, 24/7 monitoring, risk-off automation, and cross-chain yield.
The deal was the top section of a pair of unisocks in exchange for something cool of his choice in the future
Today he followed through with this custom @Uniswap x @MorphoLabs jacket 🔥
Vault curator market share on Morpho has shifted meaningfully this month
@gauntlet_xyz now manages 34% of morpho deposits ($1.7b AUM), and it was the only curator with >$200m AUM to see inflows over the last 30 days
Today we’re excited to put forward a governance proposal for Uniswap’s next era
Our goal is to set up Uniswap to be the default decentralized exchange for tokenized value ↓
https://t.co/xvE37kQvud
I literally think about California’s geography permanently. You don’t know how privileged you are. It’s a perfect Olympia with a giant bay, a massive agricultural valley, diverse climates, southern niches for cities, a Mediterranean climate, and a wine region. Absolutely goated.
5️⃣ @gauntlet_xyz
🏢 Organization: DeFi quantitative research firm, represented by Ryan Wegner (Head of Security)
🛠️ Background: Treasury and risk management, mechanism design specialist, active delegate in ArbitrumDAO, serves on Security Councils for Arbitrum, Scroll and Polygon
📝 Key focus: Data-driven risk assessment, vulnerability analysis, proactive threat identification, incident response
A few hard to accept truths that I think the market can handle after the past couple years of performance:
1. Prices aren't cheap. The tokens down 80% aren't cheap. The things underperforming deserve to do so.
2. 80%+ people in this space are incompetent relative to their seniority in any other industry, and will be weeded out over time
3. Poor aggregate fund performance is a function of 1. a bad investable universe (tokens from 2018-2024) 2. bad fund managers
We need to accept that our industry isn't taken seriously because it historically hasn't deserved to be.
I'm optimistic about the future only because I think the excesses that needed to be shed after 2021 are only now finally starting to occur.
This is short-term painful and still may lead to most market participants' deaths that are still alive and kicking, but it's very likely necessary for "crypto" to succeed.