Nerite

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Nerite

@NeriteOrg

Redeemable & Streamable stablecoins. Borrow our yield-bearing USND stablecoin at an interest rate you choose yourself. Built for @Arbitrum. Go Slow.

Aquarium Katılım Ekim 2024
31 Takip Edilen2.3K Takipçiler
Uttam
Uttam@uttam_singhk·
crypto desperately needs a decentralized stablecoin
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Nerite
Nerite@NeriteOrg·
@0x_Abdul 4.5: lending protocols, like Nerite, which took rsETH as a collateral.
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Abdul
Abdul@0x_Abdul·
order of who eats the rsETH bad debt: 1. kelp holders (rsETH backing reduced, 20% haircut) 2. aave umbrella ($25m cap on eth mainnet) 3. aave protocol treasury 4. L2 rsETH holders 5. socialized to aave depositors imo it will be a combination of the first three
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Nerite
Nerite@NeriteOrg·
Liquity is not effected.
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Nerite
Nerite@NeriteOrg·
Please close Nerite loan positions immediately. Message from the devs here. Be cautious of DMs. Don't rush. Go slow.
Nerite tweet media
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Nerite
Nerite@NeriteOrg·
Almost all of the money lost in "defi" exploits this year has been to leaking admin keys. Nerite is immutable. *** We have no admin keys. *** Even if there's a bug in the protocol we can't help you, and that is our biggest security strength.
jussy@jussy_world

35 DeFi protocols hacked in 2026 already $453M+ lost in just 4 months • January $103M across 12 protocols • February $24M across 8 protocols • March $41M across 14 protocols • April so far $285M across 1 protocol Smart contract bugs and compromised private keys This industry has a serious security problem When does it actually get fixed?

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Nerite
Nerite@NeriteOrg·
Recommend not listening to any announcements today and checking the date first.
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Nerite retweetledi
Joe Schiarizzi
Joe Schiarizzi@CupOJoseph·
In 1 week I will publicly announce the most ambitious thing I have ever attempted in my life.
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Nerite
Nerite@NeriteOrg·
@LiquityProtocol Recommend no more news like this for the safe of our industry.
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Liquity
Liquity@LiquityProtocol·
BREAKING: Circle has acquired Liquity. This acquisition will enable Circle to offer its users a non-freezable stablecoin and directly distribute yield under the Clarity Act.
Liquity tweet media
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Balancer
Balancer@Balancer·
6 years of Balancer! The protocol is live and the ecosystem keeps growing. We're not stopping. Shoutout to every builder and community that chose to build alongside us🥷
Balancer tweet media
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Nerite
Nerite@NeriteOrg·
Are you going slow today?
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Nerite
Nerite@NeriteOrg·
The Nerite LBP is now live on Balancer. Go slow. 🐌 Link in the next post👇
Nerite tweet media
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Dem
Dem@DMali010·
@NeriteOrg Ohk finally I know what LBP is, I will buy after 2 days and will it be listed on any CEX?
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Nerite retweetledi
Nerite
Nerite@NeriteOrg·
Set a reminder for our upcoming Space as we get ready for NERI launch. Go slow 🐌 x.com/i/spaces/1lKQR…
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Nerite
Nerite@NeriteOrg·
This is the final post in the thread. Beware of scams and fake links.
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