Bagz

The Aave situation is bad and getting worse. Multiple other pools are hitting 100% utilization, leaving lenders stuck and the protocol at risk of further bad debt. Lending rates have increased to 10-15%, a notable increase but still not an appropriate reward for the perceived risk of potentially backstopping a $300m hole. The market is demanding clarity - who will be saddled with the bad debt from rsETH? Once that it cleared up, I expect panic to subside. Trust in Aave and defi will remain lower than before, but it may be enough to get the machine churning again at a lower TVL. Lots of uncertainty right now with zero comms from LZ or Aave, and markets hate uncertainty.

Androgenic gets PUNCHED and DROPPED by a random JESTER mid-stream in Brisbane while trying to break up a fight 😱👀

MORE MONEY IN YOUR POCKETS!

Happy Tax Day, New York. We’re taxing the rich.

Democratic State Auditor Rob Sand has shut down more waste, fraud, and abuse than any state auditor in Iowa history. So far, $29 million taxpayer dollars have been recovered.

Meanwhile, this is your husband.

I didn't know what to expect. Are they arrogant cunts or misunderstood? After spending 4 days together I understood. They're loud but mostly right. They took me and my crew in like nobody has before. It was jokes, cigars, bullshit. I made fun of them, they laughed, they made of me, same. Hard for me to ever say anything negative about them going forward tbh.