modellabs

GHO Community Sim is back. In the coming days we'll ship an off‑chain, high‑fidelity #GHO model: methods & scenarios that make risk analysis accessible, usable & verifiable for contributors, risk teams, researchers & traders. Start here: live index in the first reply 👇 NFA

Leading Ethereum projects announced today that they're launching the 'Ethereum Protocol Advocacy Alliance' to coordinate policy efforts. Ethereum has needed something like this for quite a while now so I'm excited to see major players leading the charge!

@Balancer v2 getting hit was an infra problem. $xUSD depegging is the second-order blast up the OCCA / "risk curator" stack — pretty much a live demo of the usual issues: rehypothecation loops, opaque vaults, centralized control, not enough transparency.

$GHO and $sGHO reached new important milestones! $sGHO just crossed the 200M mark in circulating supply, growing by ~18% over the last 30 days. Over 200M $GHO are currently earning a 7.18% yield without any protocol exposure. Simply deposit and earn. Meanwhile, $GHO also hit a new ATH at 334M in circulating supply, up 17% over the same period. With more integrations coming, we expect $GHO growth to remain strong through the end of the year.

🧵4/4 Next 1–2 weeks Aave vote/execution; Sky decision & buyback caps; ✅Why it matters: designs turn into on-chain data. ✅Takeaway: set alerts for execution txs, fee curves, and USDS/liquidity metrics.

🧵3/4 Sky/USDS (prop) ✅Staking rewards paid in $SKY (not USDS); 500M SKY → treasury; USDS buybacks ~ $300k/day; ~90d transition ✅Why it matters: align incentives & back the peg Takeaway: tighter loop; watch dilution vs treasury risk x.com/tobalgarcia_/s…

🧵1/4 Protocol Mechanics & Tokenomics — Weekly on 10/24 Highlights: 🔹$Aave : permanent buybacks prop ($50M/yr) + $20M now 🔹$SKY; USDS buybacks ~$300k/day (prop; ~90d transition)

🚨 UPDATE: 2.3M $ETH is now waiting 40 days to unstake.

8/8 TL;DR Still a proposal—subject to vote. Beef up the peg (bribes + PegKeeper) first, then open a $1B crvUSD line to YB (~$500M capacity). Same design, bigger scale. NFA/DYOR Proposal: gov.curve.finance/t/set-of-propo…

7/8 User impact If passed: more ybBTC capacity, fewer cap headaches—same hygiene. Watch peg health, fees vs. rebalance costs, LTV drift, depth/liquidity. Bigger pipes help manage tail risk; they don’t erase it.

1/8 Curve plan to scale ybBTC—bigger credit line, stronger crvUSD peg infra. Quick read: more room for Yield Basis (YB) and more robust peg plumbing. Pending governance vote. 👇

🧵8/8 TL;DR ybBTC = a share that targets ~1× BTC + fees. Not principal-protected. NFA/DYOR. x.com/blockmodel_lab…

🧵7/8 Who it suits ✅Want BTC cash flow? Stay unstaked. ✅Want emissions + governance? Stake and maybe vote-lock. You can switch if the market changes.

🧵1/8 BTC LP without the usual IL? Meet Yield Basis (ybBTC). It tries to keep ~1× BTC exposure and collect AMM fees on Curve. 👇