maol

musings and one liners

Limits of DeFi

Fully automated DeFi is fine as long as it’s within defined boundary conditions. Outside those, you rely on manual interventions – same as in TradFi.

Good for these folks to have a DAO process that enables this, even though it’s crude and likely wasn’t intended for this use case 🤷

BNB Chain team prepares to step in to prevent massive Venus Protocol liquidation


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