I research plays for you, so you don't have to 🤷
Multi chain farmooor 🥕
@DCDAO_
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Apr 30, 2022 • 21 tweets • 6 min read
A thread on how a $50M loan of the native asset on any major L1 can trigger a catastrophe 🧵
The recent $ftm liquidation cascade opened up my eyes. I am a strong supporter of #defi but defi is still in its infacy and we have a long way to go. If you don't know what i'm talking about start here -
Apparently I was wrong. Liquidating $50M of native asset on almost any chain is catastrophic. Its a good thing we have people like @Dr_Liquid_ and @lafachief watching over $ftm.
$deus got hacked but Lafa stepped up like a chad to save the day again.
He isn't having the best week but believe me 99% of people won't be able to do what he did.
Everyone is happy and euphoric when we are up only. When we go down, CT is such a toxic place that you can lose your mind.
Oct 12, 2021 • 10 tweets • 4 min read
How $spell is going to see the biggest merlin candle today. A Thread 👇 (1/9)
#Defi god @danielesesta has already done all the prep forseeing how FTX listing will hurt the price of $spell.
1️⃣ He sent $4M in USDT to FTX before going offline -
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