This is one of the best accounting dashboards I've seen.
Easy to see what backs USDS, with full details for those who want it.
h/t @BlockAnalitica setting the standard
In an effort to make @SkyEcosystem's transparency and operations more accessible and easier to follow, we're happy to contribute to Sky Frontier Foundation by developing a new dashboard covering all financial aspects of Sky protocol.
This includes:
- Full PnL and Balance Sheet
- Collateral breakdowns
- Prime agents and their allocations
- Loss waterfall on Sky level
- Risk capital requirements, SSR, and much more
Dashboard: https://t.co/eGEb7texV9.
The idea that security spend should feed into yield pricing makes a lot of sense. LPs are already exposed to this risk, they just can't see it. If DSPR becomes a standard, it would fit cleanly into the kind of protocol-level analysis we surface on Sphere.
As an early supporter and user of @Compound_xyz, in an effort to see a revival of the OG lending protocol and increased governance decentralization, I seek to contribute by serving as an independent (and active!) delegate.
If you'd want to support independent opinions and voting going forward, consider delegating to: definikola.eth
This is terrifying.
@AnthropicAI 's new unreleased Mythos model is so good at hacking, it found bugs in "every major operating system and web browser."
83.1% were exploited on first attempt. This thing is like COVID but for software. Actually apocalyptic in the wrong hands.
At Block Analitica we've been doing DeFi risk for 5+ years, including the risk infrastructure behind Sky. Sphere is our attempt to bring that experience to the broader market.
Still early, still a lot to build.
Back from ethCC and still processing. One thing was obvious across every conversation: DeFi risk infrastructure is the topic right now.
Not as an abstract idea, but as a concrete priority. The Ethereum Foundation is actively looking for teams to build this.
Chaos Labs flagged this back in October: vault curators are becoming a systemic risk vector. Circular lending inflating TVL, curator incentives diverging from depositors, no way to verify where risk sits. Six months later, not much has changed.
https://t.co/aOuoAdKDML
EF Mandate reading by @chain_security was AN EXPERIENCE
s/o to @EmilieRaffo and the team for putting this together!
this kind of stuff happen only at @EthCC or @EFDevcon
And that’s a wrap.
The EF App Relations / DeFi team hosted 7 workshops with founders across lending/borrowing, exotic products, privacy, and more.
Huge thank you to everyone who joined. Getting the people actually building Ethereum’s app layer in one room was incredibly valuable.
Left with a ton of ideas and more conviction than ever.
Time to get to work.
Ethereum will win. DeFi will win. Carthage must be destroyed.
cc @ivangbi_@CharlieStLouis@isha_sangani
Ethereum settles $206B+ in tokenized assets. That's 61.4% of the global total, up over 40% year over year.
BlackRock's BUIDL alone grew 36% in the past month.
Stablecoins, tokenized funds, equities, and commodities are all growing onchain.