manan
@manangouhari
building @DegenHouseDeFi | https://t.me/mg_defi_journal
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so funny that all major nft marketplaces shit the bed and couldn't pull off the simplest token play in existence. every. single. one. EVERY. SINGLE. ONE. are NFT builders just not cut out for the game?
gm. i promise you poor souls have never had a better breakfast.
I’m craving an @aave-style, DAO-controlled curator on @Morpho. Picture this: → ICO → Token votes on risk parameters → Token votes on treasury deployment → Onchain, community-run “risk desk”
Did some digging. AID Alpha Withdrawal contracts still hold ~$40M. You could assume the rest moved to AID… …but in DeFi, you never attribute to stupidity what can be attributed to malice. A project the size of @gaib_ai should NEVER yank their transparency page without a…
If I had money in @gaib_ai, I would withdraw now. After digging in, I have no clue where funds or collateral actually go. They even removed the transparency page link from the website. Why? No 3rd party attestations for 75% of the reserves ($150m). R/R doesn't look good.
The right system simply gets out of your way You know exactly what that feels like
just use @initia to launch your chain for AT LEAST a 100x cheaper. RPCs, multisig, oracles, bridging, explorer all available to builders right out of the box.
this is gud bait but for the people who easily take, good to remember that majority of costs are actually chain infra (RPCs custodians, oracles, multisigs, AA providers, audits, block explorers, can easily add up to 7-8 figs)
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