Goodfella

soon🫡

I am a Web3 Ambassador at World Liberty Financial. There are 12 of us on the team page. 4 are named Trump. 3 are named Witkoff. The page calls us "the passionate minds shaping the future of finance." 600,000 wallets bought our memecoin. They lost $3.87 billion. The family collected $350 million in trading fees. It launched 3 days before the inauguration. 80% of the supply went to CIC Digital LLC and Fight Fight Fight LLC. I did not choose the names. I designed the allocation, the vesting, the timing, and the distance between the product and the President. The distance is my best work. I am the reason these events are unrelated. World Liberty Financial sends 75 cents of every dollar to DT Marks DEFI LLC. That is the family entity. Zero capital contributed. Zero liability assumed. I wrote this into the Gold Paper. Page 14. The lawyers bound it in white leather. The binding cost more than the due diligence. Justin Sun invested $75 million. He was facing SEC fraud charges. The SEC dropped the case. He is now our advisor. These events are unrelated. Changpeng Zhao pleaded guilty to federal money laundering violations. He received a presidential pardon. The SEC dropped its lawsuit against his exchange the same week we listed our stablecoin. Then the exchange settled a $2 billion deal entirely in that stablecoin. These events are unrelated. Arthur Hayes, Benjamin Delo, and Samuel Reed of BitMEX pleaded guilty to Bank Secrecy Act violations. All 3 received presidential pardons. Then the company itself was pardoned. $100 million in fines. Gone. An American first. These events are unrelated. Sheikh Tahnoun of Abu Dhabi paid $500 million for a 49% stake that was never publicly disclosed. Then the administration approved semiconductor exports to his companies over national security objections. These events are unrelated. Everything is unrelated. I track the unrelatedness on a dashboard I built. The dashboard has 7 columns now. I am proud of the dashboard. On May 22nd, 220 people paid a combined $148 million to eat dinner with the America First president. Over half were foreign nationals. Justin Sun paid $18.5 million for the first seat. He visited the Executive Office Building the day before. I designed the seating chart. I put it on the Investor Confidence page. That page is doing well. The team page lists 3 Witkoffs. All 3 are Co-Founders. Steven Witkoff is the President's Middle East envoy. He testified as a character witness at the President's fraud trial. His son Zach runs the crypto operation. His son Alex is also a Co-Founder. I have not been told what Alex co-founded. The father runs the diplomacy. The sons run the platform. The family runs both. That is organizational efficiency. Barron is 19. His title is Web3 Ambassador. The same as mine. Donald Jr. called the conflicts of interest "complete nonsense." Eric launched a Bitcoin mining company called American Bitcoin. America First. The mining partner is Hut 8. Hut 8 was founded in Canada. America First means the name. On March 6th, the President signed Executive Order 14233 creating a Strategic Bitcoin Reserve. The order directs the government to hold Bitcoin. The President's family holds billions in Bitcoin. The executive order appreciates the President's assets by presidential decree. I did not write the executive order. I made sure it looked unrelated to the portfolio. Trump Media put $2 billion of Bitcoin on its balance sheet. The ticker symbol is DJT. His initials. The press secretary said it is absurd to insinuate the President profits off the presidency. Forbes calculated his crypto holdings exceed the combined value of Mar-a-Lago and Trump Tower. I would call that absurd too. That is my job. 600,000 wallets bought in. 1 of them asked why she could not withdraw her funds. I told her the protocol was experiencing dynamic market conditions. She asked what that meant. I sent her the Gold Paper. She said she had read the Gold Paper. I muted her channel. Dynamic means the conditions change. The condition that changed was her access. A congressman called us the world's most corrupt crypto startup operation. We put it on a coffee mug. Ironic merchandise. $45. The revenue split on the mug is also 75/25. My own tokens vest on a different schedule. I wrote that schedule. That is not in the Gold Paper. The memecoin funds the family. The family funds the platform. The platform funds the stablecoin. The stablecoin funds the deals. The deals require the pardons. The pardons free the partners. The partners fund the platform. The President signs the executive orders. The executive orders inflate the assets. The assets fund the family. I am the reason these events are unrelated.

@StaniKulechov @aave Bro u need to do something with UX/UI this is absolutely unusable, my eyes are bleeding, free AI can make a better interface than this. I’m sorry to say this but who’s gonna tell you besides real users?

First incentives campaign is live on Aave V4.

@EliBenSasson Because it’s the wolds most undervalued web3 startup

Why STRK pump? Wrong answers only (Not investment advice)

The next candle after I clicked sell

POV - you explain to your wife why your funds are still stuck @aave @arbitrum

@aave So when our ETH will be unfrozen?

@Starknet no one even talks about you anymore, it’s just you riding the 2 year old hype train “0,005 eth” etc. omg just dump all your bags and build a new project

Cooked.

state of crypto 2026

too goated!! sama, I kneeel 🧎🧎🧎

Very good.

@Mantle_Official @KelpDAO Aave on Mantle network has a huge amount of bad debt potentially leading to loss of ~73% supplied weth collateral. ls @Bybit_Official gonna support the users helping to cover the losses?

An update on the rsETH incident involving @KelpDAO. To our Mantle community, ecosystem builders, and partners, following our initial statement earlier this week, we want to share where things stand, what has been confirmed, and how we are moving forward. 1. Mantle remains fully secure. Our underlying network, official bridges, and core assets have not been compromised. @LayerZero_Core has confirmed in its KelpDAO Incident Statement that the exploit was isolated entirely to KelpDAO's rsETH configuration, with zero contagion to any other asset or application. The attacker did not interact with Mantle contracts or Mantle markets at any point. The localized liquidity pressure observed in recent days reflects spillover from that third-party cross-chain vulnerability, not any issue with Mantle's infrastructure. The protective pauses outlined in our prior statement remain in place and will be lifted once our team and ecosystem partners confirm it is appropriate to do so. 2. The Mantle ecosystem is resilient. Since April 18, capital has been steadily flowing back into the Mantle ecosystem. Onchain data shows cumulative repayments across core USD assets have reached approximately $204 million within 48 hours. Liquidity conditions continue to normalize, and the strength of the recovery speaks to the depth and resilience of the Mantle community. 3. Mantle is standing together with our ecosystem. Mantle is in active coordination and communication with the @aave team and affected protocols on a coordinated recovery plan, including potential treasury participation. We will continue to share meaningful updates as the situation develops. Through moments like these, Web3's strength shows how we stand together. That's where we are, and where we'll remain. We stand firmly with our builders. Thank you for standing with us. Stay safe.

USDC and USDT on Aave are pinned at 100% utilization. Lenders can't withdraw. So why is the yield only 13.5%? Under the old model, a pool hitting 100% utilization would send supply APY to 40%, 60%, sometimes 80%+ within minutes. That's what everyone remembers from the 2022 USDT squeeze on Aave V2. Rate goes vertical. Borrowers get liquidated. Suppliers feast. That's not happening this time. Here's why. Aave rolled out something called the Slope2 Risk Oracle earlier this year. Instead of rates spiking instantly when utilization pins, the curve escalates GRADUALLY based on how long the pool stays stressed. A 1-hour spike barely moves the rate. A 24-hour spike moves it some. A 72-hour spike starts to hurt. The ceiling is also lower. Stablecoin slope2 now targets 10-12%. Used to be 22-35%. So instead of a panic rate explosion, you get a slow burn. Who wins from this design? Borrowers. Including the attacker still sitting on $236M in WETH debt, paying a fraction of what they'd be paying under the old curve. Who loses? Lenders. The "your pool is frozen but at least you're earning 40% APY" trade is dead. Now it's "your pool is frozen and you're earning 13.5%." This was meant to prevent deleveraging cascades during stress events. It's doing that. It's also suppressing the market signal that usually tells lenders to supply more liquidity and borrowers to repay fast. Every design choice is a tradeoff. This one just got tested live, with $200M of bad debt on the line.

What @0xfluid did here, isn't charity. It is simply meeting the demands of aWETH holders to regain immediate liquidity, reduce exposure to liquidation risk, eliminate the need to wait for resolution on rsETH bad debt, and help Fluid to pay down its own Fluid Lite Vault looping position holding $144M. On any normal day, Fluid Lite Vault accepts ETH deposits, swaps for wstETH or weETH, and deposits them as collateral on Aave V3 and Fluid, where it then borrows ETH against them, swaps for more collateral, borrows more ETH, etc and generates ETH yield. Because aWETH holders on Aave cannot withdraw their collateral due to 100% utilization, and in many cases, have borrowed against their aWETH collateral (stables or ETH), Fluid created a tool to meet everyone's needs: 1⃣ Fluid buys your aWETH 2⃣ Then, sells you wstETH or weETH (2% cost) 3⃣ Your newly acquired wstETH or weETH lands in your Aave position, maintaining your current debt position on Aave (not any vampire attack) Ultimately, you are still in an Aave position but now instead of ETH with say borrowed USDC or USDT, you have wstETH or weETH collateral with borrowed stables. The result is you gain full control of your position again, the ability to exit if you like by having a different collateral (wstETH or weETH). Meanwhile, Fluid further unwinds its own looping position, having withdrawn some wstETH or weETH that was sold to you, plus using the newly bought aWETH to pay back its own ETH debt on Aave. Fluid is basically a mega-looper on Aave V3 and also now a mega ETH buyer of Aave ETH (aWETH), helping you to regain control of your liquidity by switching your collateral to something unaffected by this weekend, wstETH and weETH. It's a win-win. Plus it does the markets some good to safely unwind more leverage out of ETH loops on Aave. @smykjain and @0xfluid team play on another level 🐐

🚨 UPDATE: StarkWare CEO Eli Ben-Sasson announces layoffs as the firm pivots to a more revenue-focused strategy.

1/ Millions in bad debt, at the time of writing, were created across Gauntlet's Morpho vaults from the Resolv USR exploit. Almost all of it was supplied ** after ** the exploit. So why would curators supply millions in USDC to a broken market? Let’s dive in.

1972 ➡️2026 Apollo 17 ➡️ Artemis II

@Starknet So this is where all the money from dumping tokens are gone, i see.

Our 8 fellow users and their families waiting to enter the Starknet Party yesterday.

@CryptoTraalala Hey bro long time no see, have srarknet stopped paying you money? Didn’t see any posts from you telling us how incredible starknet is and how it’s gonna melt faces. What about your own face pal?

L2 tokens are dead ! Arbitrum trading at 0.1$ Optimism at 0.12$ Starknet 0.04$ ZKSync 0.02$ All down at least 95% even if the network is used for some of them I guess that’s what happen when you have a token with literally no utility I hope the lesson is learned !

@Starknet 10k views, 96 likes. I’m waiting for the moment X implements dislikes, so u see how much your community loves you. 👻 scared?

1/ The last week in the pack. Infra, applications, metrics... here’s your Starknet recap 🧵