1/ Recent events w/ $CRV loans reinforce our belief that existing + past money market design have not kept up with the changing
02 Aug 2023, 12:51
1/ Recent events w/ $CRV loans reinforce our belief that existing + past money market design have not kept up with the changing developments of the ecosystem
What works well during a bull run != What works well during a bear
At Beta, we think deeply about these problems...🤔
Same news in other sources
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02 Aug 2023, 12:52
Our thoughts on the recent $CRV loan issues:
Our thoughts on the recent $CRV loan issues:.
Our thoughts on the recent $CRV loan issues:
https://twitter.com/beta_finance/status/1686721391641743360?s=20
02 Aug 2023, 12:51
5/ In the end, it’s not @newmichwill ’s fault that big problems occurred across multiple lending platforms. He followed the rules of the protocol for loans and received his $CRV fairly
The onus is on the protocol to ensure that it is able to handle the action safely
5/ In the end, it's not @newmichwill 's fault that big problems occurred across multiple lending platforms.
5/ In the end, it’s not @newmichwill ’s fault that big problems occurred across multiple lending platforms. He followed the rules of the protocol for loans and received his $CRV fairly
The onus is on the protocol to ensure that it is able to handle the action safely
02 Aug 2023, 12:51
6/ We believe the holy grail for money markets is one that:
A. Maintains user simplicity, yet enables greater optionality
B. Is adaptable + fair, with easy, efficient + safe changes
C. Creates 10X greater capital efficiency for assets, stable + non-stable
Stay tuned anon..🤐
6/ We believe the holy grail for money markets is one that:. Maintains user simplicity, yet enables greater optionality.
6/ We believe the holy grail for money markets is one that:
A. Maintains user simplicity, yet enables greater optionality
B. Is adaptable + fair, with easy, efficient + safe changes
C. Creates 10X greater capital efficiency for assets, stable + non-stable
Stay tuned anon..🤐