Trustless

Trustless is building the future of defi on zkSync.

Join us:

[CS Bastiat ⚖️ @CSBastiat]

The entire DeFi industry - VCs, DAOs, devs, everyone - is colluding to hide the fact that if 5 people, chosen by @chainlink, ever decide (or are forced) to go rogue, the entire DeFi ecosystem can be intentionally destroyed in the blink of an eye.

[Trustless @trustlessfi]

Trustless: the next big thing in degovernance

[tokenbrice.eth (🐜,🔍) @TokenBrice]

>99% of the #DeFi protocols are fully centralized / team-ran or captured by rogue governance (Hello $MKR)

Remaining 1%?

One doing degovernance @reflexerfinance

Some no gov 👋 @LiquityProtocol

Still waiting for a live protocol with decaying governance: @trustlessfi first?

[Trustless @trustlessfi]

What a wild few weeks. We have been discussing in our community calls. Join in every Thursday at 6pm UTC to discuss!

One thing is clear: decentralization is essential.

[Trustless @trustlessfi]

We are honored to be on your list!

[tokenbrice.eth (🐜,🔍) @TokenBrice]

Additional list of stablecoins projects I follow closely because they move the needle in the right direction:

LIVE - @reflexerfinance @LiquityProtocol @BeanstalkFarms
SOON - @DYADstable @trustlessfi

Feel free to add to it: I'm always in to explore new stablecoin models!

[Bankless @Bankless]

DeFi is for people with trust issues.

[Laura Shin @laurashin]

Can some good come from FTX’s ruinous downfall?🙏Here’s why @ErikVoorhees, as fmr CEO of an exchange, is “pissed” even as he hopes this brings focus back to true DeFi.

For regulators who may vilify the industry? 🔥“Wake up to what crypto can actually do.”
https://t.co/dM3AMlHmUK

[HEADBOY 🦇🔊 @NDIDI_GRAM]

Top Tier Zksync Testnet You Should Interact With

@tevaera Active✅
@trustlessfi Active ✅
@MintSquareNFT Ended
@spacefi_io Active ✅
@MESprotocol Active ✅
@syncswap Ended
@raise_fi Active ✅

This List Was Curated In No Particular Order, Zksync Goes Live < 12 Days

[CS Bastiat ⚖️ @CSBastiat]

Morning thoughts on @MakerDAO. 🌞

[Trustless @trustlessfi]

Join the Trustless Community call, starting now! https://t.co/PJRgAntgUB #DeFi

[Trustless @trustlessfi]

Uniswap V3 on zkSync is essential for Trustless protocols. Read more here: https://t.co/Rwn5cyeZyo

[Marco (∎, ∆) @Be1garat]

Uniswap community, come to zkSync! #JoinTheMission

Security, Ethos, Scalability

@zksync ♥️ @Uniswap

https://t.co/u4uiyjRvrZ

[Trustless @trustlessfi]

Trust no one. https://t.co/AxRyl0xQc2 #DeFi

[Trustless @trustlessfi]

All data necessary for a keeper to liquidate Hue positions is stored on-chain. This removes the risk of a centralized service going down, removing single points of failure. Read more: https://t.co/HjgCJaaZqC #DeFi

[Trustless @trustlessfi]

Over the long term, Hue will be community owned. https://t.co/V9P8Cmjdlg #DeFi

[Trustless @trustlessfi]

Hue incentivizes anyone to call a function once daily to automatically adjust interest rates. The protocol updates the interest rate trustlessly according to an on-chain calculation. Read more: https://t.co/wbxM0nPcFh #DeFi

[Trustless @trustlessfi]

Hue derives all prices from Uniswap TWAPs. Uniswap TWAPs represent the true on-chain price of two assets; no centralized entity can control these prices. https://t.co/WyBOXmqpHg #DeFi

[Trustless @trustlessfi]

Learn about the pros and cons of Uniswap V2 vs Uniswap V3 for prices in a decentralized protocol: https://t.co/L0pDEkDCOv #DeFi

[Trustless @trustlessfi]

Join the Trustless Community call, starting now! https://t.co/zmuG83qoPg #DeFi

[Trustless @trustlessfi]

Hue - The first fully Trustless stablecoin. https://t.co/V9P8Cmjdlg #DeFi

[Trustless @trustlessfi]

In Hue positions can be instantly liquidated so that Hue can correct undercollateralized debt before it further endangers the protocol. Read more: https://t.co/HjgCJaaZqC #DeFi

[CS Bastiat ⚖️ @CSBastiat]

Coinbase updated its @MakerDAO proposal to explain that Maker must name 4 people who will be the only people authorized to move $1.6 BILLION between Coinbase and the trustless Maker vault where the USDC currently sits.

DAI holders would have to trust Coinbase AND these 4 ppl.