Discover and read the best of Twitter Threads about #tba

Most recents (2)

/1
I came across a new project called @vestafinance and decided to dive deeper into it because it drew my attention. Why?

Let’s make a πŸ§΅πŸ‘‡πŸ½ about it!
/2
First things first, what is @vestafinance? It is a #collateralized #debt protocol which means that the protocol allows for borrowing with a slight over-collateralization of just 110% instead of the usual 150 - 180% rates in $DeFi.
/3
At the launch of the project you can deposit #ETH/#gOHM/#renBTC to mint $VST. (This is the stablecoin which can be minted through the protocol). If wanted, the $VST can always be converted back to redeem the underlying collateral.
Read 18 tweets
#OODA loop.
The analogy of charioteer controlling 5 horses in battle may help.
- The field in front = Area of Responsibility.
- The horses = forces at contact
- Charioteer takes feedback from all 5 horses, aligns their effort and ensures their energies are synergised. (1/n)
- The charioteer here is empowered, and a decentralised decision-maker in the #TBA.
- Over the charioteer is the chariot commander, who coordinates with other chariots, lets call it #OODA at the theater level.
- Over him is another strategic commander.
(2/n)
#OODA an aggregation of #SituationalAwareness at the #TBA, #theater, up to Central HQ, consisting of feedback going up and directions flowing down, to be converted into execution at each stage.
Remember that the whole picture won't be available to all, nor is it desired. (3/n)
Read 6 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!