Derek JEETer retweetledi
Derek JEETer
2.1K posts

Derek JEETer
@Meekz831
Market Participant
Miami, FL Katılım Temmuz 2020
2.1K Takip Edilen281 Takipçiler
Derek JEETer retweetledi
Derek JEETer retweetledi
Derek JEETer retweetledi
Derek JEETer retweetledi
Derek JEETer retweetledi
Derek JEETer retweetledi
Derek JEETer retweetledi
Derek JEETer retweetledi

Look guys, it's actually really straightforward, a bunch of people staked their ETH on the Ethereum blockchain to earn yield, except they didn't want their capital to be locked up, so they actually staked with a liquid staking protocol called Lido who provided them a liquid staking receipt token called stETH, except they decided to juice their yield further by depositing their stETH receipt tokens into a restaking protocol called Eigenlayer, except they didn't want to lock up their capital, so they actually restaked with a liquid restaking protocol called KelpDAO who provided them with a liquid restaking receipt token called rsETH, except they decided to juice their yield further by depositing their rsETH tokens into a lending protocol called Aave so that they could open a leveraged looping position that borrows ETH against the rsETH collateral and restakes the ETH into rsETH which is then deposited as collateral, except it turns out rsETH used a cross-chain bridge called LayerZero that was hacked by north koreans causing rsETH to become undercollateralized and now these looping positions are stuck and unprofitable, and everyone is pointing fingers at each other, and also DeFi is a very serious industry

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@Polymarket Baaaaabe new macroeconomic uncertainty headline just dropped
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Derek JEETer retweetledi

BREAKING: Iran says the strait is closed.
BREAKING: Trump says the strait is open.
BREAKING: Hegseth says the strait is open.
BREAKING: Bloomberg says 3 ships crossed.
BREAKING: Iran says those 3 ships are Iranian.
BREAKING: Maersk says it needs clarity.
BREAKING: The strait is a philosophical concept at this point.
BREAKING: A fourth ship attempts to cross.
BREAKING: The fourth ship turns around.
BREAKING: The fourth ship's captain says he "needed to think."
BREAKING: Insurance for the fourth ship is now $47M.
BREAKING: The fourth ship is still thinking.
BREAKING: Trump posts on Truth Social that Hormuz is "TOTALLY OPEN, BEAUTIFUL, LIKE YOU'VE NEVER SEEN."
BREAKING: 800 ships remain trapped in the Gulf.
BREAKING: Trump posts again that this is Biden's fault.
BREAKING: Iran announces tolls of $2M per ship.
BREAKING: Iran announces tolls must be paid in crypto.
BREAKING: Iran has not specified which crypto.
BREAKING: Someone on CT says it's XRP.
BREAKING: XRP is up 34%.
BREAKING: It is not XRP.
BREAKING: Russia and China veto the UN resolution on Hormuz.
BREAKING: Russia proposes an alternative resolution.
BREAKING: The alternative resolution does not mention Hormuz.
BREAKING: Nobody is surprised.
BREAKING: Israel bombs Lebanon.
BREAKING: Iran says this violates the ceasefire.
BREAKING: Trump says the ceasefire does not cover Lebanon.
BREAKING: Netanyahu says the ceasefire does not cover anything Netanyahu is currently doing.
BREAKING: Ceasefire is now 11 hours old.
BREAKING: Iran closes Hormuz again.
BREAKING: Hegseth says the strait is open.
BREAKING: Trump floats joint US-Iran toll venture to manage the strait.
BREAKING: The White House clarifies Trump was "just thinking out loud."
BREAKING: Iran says it will consider the proposal.
BREAKING: Trump says Iran's 10-point peace plan is "not good enough."
BREAKING: Trump says it is "a workable basis."
BREAKING: Both statements were made within the same hour.
BREAKING: 20,000 seafarers are still trapped on ships inside the Gulf.
BREAKING: The IMO says the priority is evacuation.
BREAKING: Iran says passage requires "coordination with armed forces."
BREAKING: Nobody has coordinated with the armed forces.
BREAKING: Hegseth says the strait is open.
BREAKING: The strait remains closed.
BREAKING: This is day 41.
BREAKING: We will keep you updated.
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