PyreX
746 posts

PyreX रीट्वीट किया
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@jjstone321 @retiredchaddev why do you want them to cover a loss caused in another protocol?!
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@retiredchaddev Marginfi/p0 has been around milking users for 3 years, and yet somehow didn’t have a hack insurance fund that could cover 2M while they pursued recovery from drift? Why are users who didn’t deposit to drift taking the hit?
Mac is one of the worst founders in crypto no doubt
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Sucks again because I actually haven't borrowed anything against my LSTs deposited here. Nobody has borrowed those LSTs either because they are not available for borrow on any other avenue. Isolated, but still 2.6%. It's not large by percentage but considering the amount I put on there, still large. One of the many venues throwing hits post Drift.
I see myself moving more and more out of Defi over the next few months and years. Who knows if even Aave is safe!?! At the end of the day, you still just need to catch hold of n low security key holders, whatever the n is and keep them under guns for whatever timelock period is.
After some point and size in life, the risk is just not worth it. I have experimented and tried out several protocols through my crypto period, both audited and new, regular and novel. I have experienced exploits and rugs galore but maintained assets spread across several venues and wallets that I am never really hit hard.
But after some point, it just becomes impractical to monitor and even to manage the risk profile with closer integrations across defi. I might keep some money to play around but seems more and more that majority funds should just stay in my wallets or outside crypto.
Project 0@project0
Update: We've recovered more, & moved USDC + USDT to only a 1% markdown 🎉 Project 0 resumes operations at 9PM EST!
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@0xjory_eth @macbrennan_cc I didn't connect the wallet the moment i saw the redirect, it's back right now to normal, waiting to see what happened.
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@0xPyReX @macbrennan_cc no im pretty sure it got hacked...it tried to drain my wallet via the vercel app
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Supabase has been down for 2hrs. It’s used by us to to support backend operations at @Project0
This level of downtime is not acceptable to us, so we’ll be looking into migrating our database tech after it comes back online
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@macbrennan_cc @project0 I remember suggesting this a few months ago, glad to see it coming out soon!
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PyreX रीट्वीट किया
PyreX रीट्वीट किया
PyreX रीट्वीट किया
PyreX रीट्वीट किया

Data redundancy needs aggregator redundancy.
@Titan_Exchange's aggregator is now available via Switchboard!
You can now create price feeds that pull directly from Titan's routing data.
More data sources = more reliable feeds = stronger oracles = better DeFi

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@DourMoneyOG @sol_nxxn and if you disable Ultra v3 you'll get the same result as Titan
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I’ve been swapping on both Titan and Jupiter.
Both work perfectly - fast, smooth, and cheap. I’ve just been using Titan more recently since they don’t have a token yet.
But those “outperformance” numbers Titan shows, like how much you saved vs other platforms, feels kind of made up.
I compared: sometimes Jup is better, sometimes Titan is. But I don't know what exactly they’re comparing to get those numbers.
What are you using for swaps? 🤔

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