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Do not start participating if you aren't already but if you've been ignoring/annoyed by it, I encourage you to *watch*

Its kinda like post-DAO coordination but a huge prisoner dilemma at 120x speed w/ financial incentivizes in the millions. 🤯

Click Tim's face and scroll.
Fuckit this is now a thread. Link up to the top analysis, future researchers and book writers will thank you.

Sorry took a break bc memes are a massively important part of history but needed a separate thread.



Where were we again....
(sorry this one should be way up there but i keep getting my meme thread and coordination/analysis/history thread mixed up and i was on my phone until now its just all so exciting!)

---
*record scratch*

sorry, i really have to get some work done. i'll cont. tmr if it feels right.
I'll leave you w/ this for now:

No matter your feelings on $YAM or DeFi or even Ethereum, take a moment, zoom out, and realize just how amazing the people who make up this ecosystem are.
It takes all types to make what we are trying to build succeed. The tech and the technical wizards. The memes and hot takes that spread like wildfire. The questioners and sticklers. The security gurus and the hackers. The experiments. The degens. The risk seekers. The battles.
Even if you hate on it, you are part of it.

Those here today will soon be dwarfed by newcomers tomorrow. While most show up for profits, as most of us did, they stick around for everything else.

Don't forget to shill your "everything else" bc we need more people like *you.* 💖
ohhhhh now i remember why i was such an absolute basketcase in 2017.

The loss appears to be:

1. 3683979124105680000000000000000 YAM, which was ~$750K, now locked in governance wallet
2. Market cap loss of YAM token due to this
3. Loss taken on by the uniswap LPs who ate the crash

(h/t andre + james for this info unless its wrong bc then 😡@ me)
To be clear, even though governance cannot happen now, it's not entirely over.

If you still are in Uniswap YAM/yCRV pool you should withdraw them as soon as you see this. As rebases continue to occur, more will continue to be locked. Direct link:

I dunno if this is happening but worthy lesson:

Scammers capitalize on scary times to trick you. Fear/fomo makes you move too fast and miss red flags. Back in the day it was "ico is live!" or "put your private key here before the hard fork!!" Now...this.

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