Aphelion Gamma

A Better Prioritization System for MakerDAO forum.makerdao.com/t/a-better-pri…

BREAKING: FTX files for Chapter 11 Bankruptcy.

stETH → WSTETH-B → DAI → more stETH WSTETH-B is the only volatile-collateral vault type from which anyone can generate Dai with 0% fees. Let us show you what are the current integrations that allow users to leverage their stETH exposure through WSTETH-B. 🧵↓

$XRP seems to be decoupling from the rest of the crypto markets, a mega-whale purchased over $500 million #XRP yesterday while other coins tanked. Do they know something we don't? 🚀

#Bitcoiners rn: - "wait wtf PoS is working?" - "supply is still...oh it's only +.01%/yr" - "Lido is so centra...oh wait not rly" - "but work is requir...dang mb it isnt" - "fees are still insane...shit $.07 cents" Fuck it: "Eth's supply is unknowable!" "but Eth is a security!"

This is what all the Dai generated from real-world asset collateral looks like. Currently, the total is 139,002,401 DAI

DAO governance is still early. It doesn't work very well yet. But this @jokedao_ proposal for soft consensus on @MakerDAO could change a LOT 🧵👇

Have you read enough about the Merge? No, you haven't. This is a thread with all the insightful content we've been sharing about the Merge, its implications for Maker users, and the potential risks of forked Proof of Work chains. 🧵↓

DAO contributor onboarding twitter.com/STFU_anajai2/s…

So @RuneKek got a little more specific with his plans regarding a free-floating $DAI... 🧵 forum.makerdao.com/t/endgame-plan…

Real footage of me as I go out later tonight 😅

UP

Crazy to think that in a few years it'll be very likely that we'll be able to get mortgages against staked $ETH. Where the staked ETH can be used as collateral and the yield is the income to pay it off. So many opportunities on the horizon

You need 2 types of people to keep early-stage startups from stagnating: - someone who’ll shamelessly sell the product before it’s fully ready to be sold - someone who’s embarrassed by this and will push to improve the product faster

With the @Interledger Protocol, a user can send X currency and the recipient will automatically receive Y currency (whatever preferred currencies of choice) The assets are exchanged in the flow of the transfer without either party needing to think about how this happens 👇

@sassal0x "The best time to move your cryptocurrency to proof of stake was three years ago. The second best time is now."

Once the Merge takes place, a forked Ethereum PoW chain appears to be imminent, with a non-zero chance that it will use the same chainId as the PoS chain. What are the implications of this risk for the Maker Protocol, Dai, and MKR holders? 🧵↓ 1/

.@coinbase has put out a proposal to invest 1.6b out of the PSM into a yield bearing account. This will boost Maker revenue by 24m / year. Maker has ~5.5b in USD-like collateral. This is one of the many proposals to generate yield from the real world. forum.makerdao.com/t/mipxx-coinba…

JUST IN: #Coinbase is funding a lawsuit filed against the US Treasury for blacklisting Tornado Cash.