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@doubtfulorigin

Building the first fully decentralised underwriting engine to secure global lending 🤝 Co-founder @SpiceProtocol

Earth انضم Nisan 2018
1.2K يتبع731 المتابعون
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SPICE Protocol
SPICE Protocol@SpiceProtocol·
It doesn't happen often but it can and will happen. ~$25M drained from DEX LPs in the Resolv USR exploit Respect to the Resolv team, they acted swiftly once aware, pausing all protocol functions to contain further damage and are now deep in recovery and investigation mode. Transparency in crisis is tough, but they're stepping up. A compromise is never fun. Now the hard question: does Resolv make the DEX LPs whole? RLP, the junior tranche was designed to absorb protocol losses. But it was built for market risks like negative funding rates and hedging slippage. Not for external hack fallout or compensating Curve LPs who absorbed the loss. There’s no automatic mechanism. It’s a pure policy decision, does this mean RLP holders take the full haircut for a security failure they had zero control over. If Resolv compensates → RLP holders pay. If they don’t → LPs eat the loss. Default always hits someone. Don’t let it be you. Credit Risk Vaults are being built by SPICE. On-chain protection that pays out on a covered risk event. Hedge before the next one prints.
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Hashlock
Hashlock@Hashlock_·
The $100T global credit market is moving on-chain. The bottleneck isn't liquidity, it's risk infrastructure. 🌍🔐 @SpiceProtocol is building the coverage layer: an Ethereum standard (OpenCoverage) for interoperable risk protection that any lending market can integrate, backed by ~$10B in restaked assets via @eigencloud. For lenders: instant on-chain settlement during covered risk events, not months of off-chain recovery. For stakers: consistent premium yield, not points farming. For borrowers: access to capital with zkTLS-powered solvency verification that protects sensitive data. This is infrastructure, not a venue. Every lending market that integrates the standard expands SPICE's addressable market. 📈 And this is not the first SPICE engagement with Hashlock. Two public Solidity audits are now listed on our side, both rated Secure. ✅ Repeated review is exactly what you want from a protocol sitting this close to risk, credit, and capital formation in DeFi. Full audit: hashlock.com/audits/spice 📘 Project site: spiceprotocol.xyz 🌐
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Alex McFarlane
Alex McFarlane@flipdazed·
@KeyringNetwork just ran the first-ever levered loop of a non-atomically settled RWA on @eulerfinance without any external market marker or OTC liquidity, and using no additional capital. This is a huge step forwards for RWAs that do not settle atomically. Will share more shortly 😁
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Brila
Brila@BrilaFinance·
What does "risk coverage" mean?
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Catalysis - Mainnet soon!
Catalysis - Mainnet soon!@0xcatalysis·
DeFi’s first native risk coverage layer for vaults is almost here. With vault-native risk coverage, we at Catalysis are embedding programmable downside protection directly into vault deposits. Backed by restaked capital from @eigencloud earmarked for underwriting DeFi vault risks. Here’s how it works🧵
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Promo@doubtfulorigin·
@WatcherGuru Probably something to do with this: x.com/VitalikButerin… Not a random sell off
vitalik.eth@VitalikButerin

In these five years, the Ethereum Foundation is entering a period of mild austerity, in order to be able to simultaneously meet two goals: 1. Deliver on an aggressive roadmap that ensures Ethereum's status as a performant and scalable world computer that does not compromise on robustness, sustainability and decentralization. 2. Ensures the Ethereum Foundation's own ability to sustain into the long term, and protect Ethereum's core mission and goals, including both the core blockchain layer as well as users' ability to access and use the chain with self-sovereignty, security and privacy. To this end, my own share of the austerity is that I am personally taking on responsibilities that might in another time have been "special projects" of the EF. Specifically, we are seeking the existence of an open-source, secure and verifiable full stack of software and hardware that can protect both our personal lives and our public environments ( see vitalik.eth.limo/general/2025/0… ). This includes applications such as finance, communication and governance, blockchains, operating systems, secure hardware, biotech (including both personal and public health), and more. If you have seen the Vensa announcement (seeking to make open silicon a commercially viable reality at least for security-critical applications), the ucritter.com including recent versions with built in ZK + FHE + differential-privacy features, the air quality work, my donations to encrypted messaging apps, my own enthusiasm and use for privacy-preserving, walkaway-test-friendly and local-first software (including operating systems), then you know the general spirit of what I am planning to support. For this reason I have just withdrawn 16,384 ETH, which will be deployed toward these goals over the next few years. I am also exploring secure decentralized staking options that will allow even more capital from staking rewards to be put toward these goals in the long term. Ethereum itself is an indispensable part of the "full-stack openness and verifiability" vision. The Ethereum Foundation will continue with a steadfast focus on developing Ethereum, with that goal in mind. "Ethereum everywhere" is nice, but the primary priority is "Ethereum for people who need it". Not corposlop, but self-sovereignty, and the baseline infrastructure that enables cooperation without domination. In a world where many people's default mindset is that we need to race to become a big strong bully, because otherwise the existing big strong bullies will eat you first, this is the needed alternative. It will involve much more than technology to succeed, but the technical layer is something which is in our control to make happen. The tools to ensure your, and your community's, autonomy and safety, as a basic right that belongs to everyone. Open not in a bullshit "open means everyone has the right to buy it from us and use our API for $200/month" way, but actually open, and secure and verifiable so that you know that your technology is working for you.

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Watcher.Guru
Watcher.Guru@WatcherGuru·
JUST IN: Ethereum Founder Vitalik Buterin sold 2,972 ETH for $6.69 million over the past 3 days.
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Promo@doubtfulorigin·
@MG_web3 Banger article, infofi killed CT. Cant wait for more organic content again
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SPICE Protocol
SPICE Protocol@SpiceProtocol·
What’s the most undervalued trend in DeFi right now?
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YieldNest
YieldNest@YieldNestFi·
Another great collab! This collab pushes $ynRWAx forward, and the next steps are already in motion...
SPICE Protocol@SpiceProtocol

@YieldNestFi x SPICE: Pioneering the Future of RWA Underwriting We're making history. YieldNest is deploying SPICE's on-chain underwriting infrastructure to $320M in prime Sydney property projects, starting with $20M in initial underwriting capacity. This is the world's first RWA vault secured by dual-collateral architecture: fully transparent on-chain collateral plus institutional-grade off-chain backing. Why this changes everything: - Institutional-grade risk assessments - Programmatic principal protection for lenders - Unprecedented transparency building real trust - Superior risk-adjusted returns backed by real, liquid collateral By combining SPICE's dCDS infrastructure with YieldNest's expertise, we're raising the bar for DeFi credit markets. This is how we scale sustainable, institutional-quality protocols. More details coming soon. 🌶️

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Promo@doubtfulorigin·
if you identify as a software engineer: build out your soft skills tree fam
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