imo market opening for a fully backed stable dat is safu to loop
who's up to bat?
Idk man, I think Ethena guys have done a great job of patching a number of risk vectors but it’s also clear to me from this USDT oracle hack and ADL protection talk that this Ethena looping thing will bite us all hard one day, if not at 4T then at 10T… but my body is ready
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