1/ @Rewkang recently proposed "Liquidity Black Hole Theory" 🌀💰

@iearnfinance $YFI by @AndreCronjeTech might be the most massive one yet 💪

curious why? 👇

cc @damirbandalo @DegenSpartan @Arthur_0x @mrjasonchoi @tonysheng @mhluongo @safetyth1rd @zhusu

https://twitter.com/Rewkang/status/1272631205263900672

2/ as @delitzer pointed out: there was no premine and all 30K $YFI will be farmed in 1w 📈

$YFI holders will then vote whether to stop issuance 🤯

if stopped there will only be 30K YFI in existence 🚀🌕

for reference there will be 21MM #BTC

https://twitter.com/delitzer/status/1284870764051591169

1/ many projects are starting to list on AMMs over ICO'ing for fundraising and price discovery 🤔

@mikeraymcdonald of @BalancerLabs coined the term Liquidity Bootstrapping Pools (LBPs) 🌊

a quick overview/analysis 👇

cc @cburniske @alexhevans @gpl_94

https://twitter.com/cburniske/status/1235639997769953281

2/ @UMAprotocol and @compoundfinance paved the way using @UniswapProtocol, and @mstable_ announced yesterday that $MTA genesis will be on @BalancerLabs 🚀

🤔 i think history will repeat itself 🔄

medium.com/mstable/meta-m…

1/ @compoundfinance $COMP farming pop quiz grades are in, and 68% of the class failed 🤦

the correct answer is C) "🤷 idk how 2 compound"

why? 👇

cc @rleshner @cjliu49 @jmflatow

https://twitter.com/devops199fan/status/1274732220192829441

2/ so the devil is in the details 👿

@aliatiia_ posted a great formal proof that walks through why the position will indeed get liquidated if BAT/ETH increases 4x instantly.

but he didn't account for the protocol level limits on price changes 🛑

https://twitter.com/aliatiia_/status/1274837391921090560