Jimbo Jones
1.4K posts



I ate margarine, whole grains, Gatorade, and low fat everything for 40 years. I thought I was eating healthy. I had a heart attack at 52. My cardiologist told me to keep going. Cut more fat. Eat whole wheat toast. Avoid red meat. Avoid eggs. Avoid butter. He said those foods would kill me. I fired him. I ate the foods he said would kill me. They healed me.



All of @aave's core markets hit 100% utilization at once, which is the lending protocol equivalent of a full stop. Here's what that actually means: → No liquidity available for withdrawals → Liquidations can't be processed → $3B in USDT and $2B in USDC stuck with no clean exit → If prices move, bad debt compounds with no mechanism to cover it 100% utilization is the worst state a lending protocol can be in, and it's not just a liquidity problem. When liquidations cannot execute, the protocol has no way to protect itself against further bad debt. More than $6B was withdrawn from Aave in under 24 hours, with many more unable to follow due to the utilization cap. Depositors are the least at fault here, and they're carrying the most immediate risk. I never believed I would see Aave in this situation, but here we are.



Be honest, Would you long it or short it ?


Seems like a great time to short OIL and remain patient.

@michaelphamse @Tradernaber I would join. Discord could be a good alternative if you want interaction with the community.




The amount of places you can barter with and get deals is way more than you think Threatening to cancel is a good way to get a discount. Asking for cash discount works well at a lot of places Asking for best price. Asking for up front payment price (just had surgery and got a 10% discount for paying up front) Also use a credit card with a good cash back % on most purchases is a good way to get extra cash.










