Beyond the duty of care and competitive nature of the ecosystem, there is another reason why we are consuming so much energy on making Kamino resilient.
I simply cannot yet, in good conscience, let credit on Solana be in the hands of copy pasta devs and yolo risk managers.
A few more incidents and everyone will point to Solana not being a serious place for DeFi.
We worked so damn hard to regain credibility after FTX.
Credit is simply too critical of an infrastructure piece and DeFi is too path dependent to leave it to chance and the slow burn of crypto cycles.
I simply cannot yet, in good conscience, let credit on Solana be in the hands of copy pasta devs and yolo risk managers.
A few more incidents and everyone will point to Solana not being a serious place for DeFi.
We worked so damn hard to regain credibility after FTX.
Credit is simply too critical of an infrastructure piece and DeFi is too path dependent to leave it to chance and the slow burn of crypto cycles.
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