Varun

x.com/i/article/1928…

renaud partners caught up w/ the solana @incubator teams last week — what a stacked cohort 🔥 -@pyefinance - infra layer for validators allowing for trading of staked assets -@xitadel_fi - non-dilutive onchain debt financing w/ real yields -@seedplex_io - enabling democratized access to early stage equities @ZyntaFinance - stablecoin infra for western africa sendai.fun - ai superapp from solana whiz kids @yashhsm and @_0xaryan @GenpulseAI - turning real-world health data into personalized diagnostics and tokenized scientific collaboration. seriously talented group curated by @EmonMotamedi 👏

@prpl8 Thank you, copy came in today.

Now live: $20K in $GOLD rewards from @orogoldapp for depositors to Loopscale's new USDC Public Vault. This Vault provides USDC liquidity to collateral from assets with market hours, beginning with Oro's $GOLD. Gold — a $30T asset — now plugged in to onchain credit markets.

Even being short in size doesn't help if the venue puts you in as the counter-party to the deleveraging trade (I'm looking at you, HyperLiquid...) School fees (h/t @iarbpairs): -- "Auto-deleveraging strictly ensures that the platform stays solvent. If a user's account value or isolated position value becomes negative, the users on the opposite side of the position are ranked by unrealized pnl and leverage used. The specific sorting index to determine the affected users in profit is (mark_price / entry_price) * (notional_position / account_value). Those traders' positions are closed at the previous mark price against the now underwater user, ensuring that the platform has no bad debt.  Auto-deleveraging is an important final safeguard on the solvency of the platform. There is a strict invariant that under all operations, a user who has no open positions will not socialize any losses of the platform."