4/ At 100% utilization, which it is currently at, the interest rate will double every 12* hours.
The current interest rate is 81.20%, but can be expected to increase to the maximum of nearly 10,000% APY after just 3.5 days.
1/ Yesterday, several @CurveFinance pools were exploited.
Curve founder, Michael Egorov, currently has a ~$100M loan backed by 427.5m $CRV (about 47% of the entire CRV circulating supply).
With $CRV down 10% over the past 24 hours, the health of Curve is in jeopardy. 🧵⬇️
It was 8 years ago today, we launched #ethereum from a small office in Waldemarstraße 37A in Berlin
What a journey its been since then?
It became the most widely used cryptocurrency network, switched to PoS and spawned many alt-L1s and L2s
🦄Excited for what the future brings!
Meet the journalist who pioneered full-time coverage of crypto.
Today, she's known as The Oracle of the Decentralized Universe.
She's the one who exposed the $9.2B DAO hack,
the very hack that divided Ethereum into
ETH and ETC!
This is @laurashin story 👇🧵
Bear market update:
I’ve just bought a stake in the gym that I visit more often than the one that I own
Proud owner of 2 gyms now, becoming a fitness influencer soon