So today quickie is #genesis top 10 creditor #Donut
Self proclaimed #web3 pioneer who's competitive advantage is the use of Decision Tree Risk Modelling Tools....awesome web3 word salad.
Self proclaimed #web3 pioneer who's competitive advantage is the use of Decision Tree Risk Modelling Tools....awesome web3 word salad.
even though their product is on pause due to #genesis their principal lending partner blowing up.
They still proudly claiming that their #proofofreserves liquidity ration is still 100%+
They still proudly claiming that their #proofofreserves liquidity ration is still 100%+
As a #web3 pioneer with next gen decision modelling tools and a industry leading #defi platform just how well did donut.app mitigate their exposure to #genesis?
Yes risk management decision tools made sure that they were really well diversified ensuring that not all their customer funds were torched on #genesis.
Out of the. out of the $78.39m AUM Donut had the good foresight to have $348k chasing yield on other platforms.
Thank god for #web3 they only torched 99.56% of their customers cash. Take that #legacyfinance
Thank god for #web3 they only torched 99.56% of their customers cash. Take that #legacyfinance
every day this shit just gets more ridiculous. Here's a collection of some of Donut's ridiculous marketing statements.
#crypto dumpster needs to be burnt to the ground
unroll @threadreaderapp
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