nikitakle.eth 🐲

Okay, okay... jump too... warpcast.com/nikitakle

@aguiarpsd Looks interesting, is it free for early adopters? 🙂

480p to 8K! 🤯 I can’t go back. It feels like a downgrade. If you’re a designer and not using an upscaler, you’re wasting time. Link in the comments ⬇️

@StaniKulechov Good game Defi United 🤜🤛

Past days has been extremely hardcore for our team and DeFi in general. DeFi went trough a substantial stress test and the consequences were felt. It definitely was the hardest couple of weeks that I experienced in my life and during the past decade building in the space. I am still writing this with couple of hours of sleep per day so bear with me. For me personally, the rsETH bridge incident was unfortunate as our team and community has put so much effort into securing the protocol and seeing the exploit happening outside of the protocol smart contracts, and affecting the markets is hard to watch even when the markets had (and still have) full backing like Mainnet Core. That being said, Aave has seen multiple market/credit cycles and always has been able to prove its resiliency. I have more confidence in DeFi today than ever, not because of the industry is stepping up and improving security practices, but because there is a true community behind DeFi that is willing to help and do whatever it takes to ensure our space has future. I want to say that during all this madness there were lot of people that were extremely supportive and proactive to mitigate any issues and contagion. At the first glance, from Aave's perspective we were positive that we would find a resolution and we had overall balance sheet, protocol revenue and external/public support to over come the issue from Aave's perspective but what we understood is that the issue was beyond Aave. It was about restoring the whole state of DeFi, avoid contagion and ensuring that the whole ecosystem overcome this incident not solely Aave. DeFi United started as an initiative from DeFi protocols that were affected but eventually became an industry wide movement to save DeFi and bring protocols together. I am grateful for all the contributions and support that everyone has been providing and can say that this wouldn't be possible without it. I'd hope that DeFi United becomes a permanent movement in some shape or form with the right form factor. DeFi United was executed at insane speed and other constraints but there could be a model that could continuously support the industry from the unexpected. I'd say during the past week lot of people stood up and I really don't have the space to mention everyone (you know who you are) but specifically I want to say that @MikeSilagadze deserves more respect from the space than anyone else atm, he went above and beyond and was willing to sacrifice a lot to solve what actually wasn't something cause by his efforts. Full respect. @LidoFinance team also deserve special credit, this team truly cares about DeFi and was extremely helpful along the way. They deserve full credit. @gdog97_ deserves credit as well, who helped to brainstorm various solutions and also stepping in with Ethena and helping on coordination. @arbitrum community for doing the right thing and rescuing the funds from the bridge contract that was a difficult but the right call. @Mantle_Official @Bybit_Official team for stepping up as well and showing strong support. The team has been supportive and truly cares about making the space safe. Last but not least lot of credit goes to @ethereumJoseph who really stepped in to help DeFi and the ecosystem. Joe cares about Ethereum, he cares about DeFi and understand the importance of DeFi for the future of Ethereum. We have truly good people within our community. These folks are true guardians of our space (among others on my long list) that really want DeFi to win. I feel very optimistic now about our space, it is true that events like these can be a setback but in reality it builds resiliency, which our space stands for, and over time that is hard to beat by legacy systems. The past week we had to operate in multiple different constraints from time, information, resources, governance and other. We had to move as fast as we could as time was against us. It was a large coordination effort that we haven't experienced so far. I'd like to give most of this credit to our team and community especially @Token_Logic and @LlamaRisk who went also above and beyond to find resolutions and coordinate. There has been some banter about right type of market structure for onchain lending between shared or isolated pools but the reality is that when capital moves, it moves at scale and market structures are less of a mitigating factor. These kinds of times require to find solutions fast and reestablish the trust in the markets and the technology, that's whats important. All this being said there are some great learnings from this indecent like from any incident and we as any other team involved will share a post mortem and steps to improve anti-fragility. I might be now less bullish on onchain lending as infrastructure and more leaning towards a model where the market structures need to be backed by strong balance sheets and risk transfers, however this is another discussion for the future as issues can stem outside of the protocol's control. Now as the markets on Ethereum mainnet Core are restoring, our team continues to execute the technical plan to restore rest all the markets. Thank you for everyone who has been supportive and we will keep you up to date as we progress. DeFi United.

@StaniKulechov 🙏😇

The past few days have been intense, but I wanted to give some updates as we continue to work on this. Our priority is our users, and every decision we are making is aimed at an orderly return to normal market conditions and the best possible outcome for everyone involved. Working around the clock, the team has made progress on multiple paths forward with several partners. The Arbitrum Security Council also recovered $70 million in ETH, which could meaningfully reduce the potential exposure, and multiple discussions and solutions are being considered. I am confident we will move towards a strong resolution. Reviewing what happened and learning from it matters. But pointing fingers is not something that gets us to the other side of this. Every bit of my energy right now is focused on the outcome for Aave users and the protocol. Aave has been my life's work, and this is an important moment for DeFi as much as it is for Aave. I am deeply grateful for the support and collaboration we have received from builders and partners across the industry. We’ll get through this together and we’ll continue to publish updates on @aave as they happen.

@ivangbi_ @ethereumfndn Congrats 🔥

TLDR: I joined @ethereumfndn as DeFi Coordinator 1] I got introduced to DeFi back in 2019 and stuck to it ever since. As narratives appeared and faded away, my general belief in DeFi stayed. I think today, more than ever, Ethereum is the right place to grow DeFi further. I'd like to help make this vision a reality 🙏

@connor_enso 🧑‍💻

👀

@pepsi coming to be invisible soon.

First flight fail. Lost my one of the favourite swags in immigration. Thanks @GearboxProtocol for this at DevConnect 2023 🫡

@ivangbi_ @ultraviolet1000 @megabyte0x @GearboxProtocol @apeir99n @0xmikko_eth how interesting. once i flew from bali to do this. now she flies to bali and loses it… I still have one, my plane to Bali is September 18th. Wish me luck and don't lose it.

Gearbox Permissionless instances have now surpassed $250M in cumulative TVL. ◾️ 20+ Markets ◾️ 5 Curators ◾️ 4 Networks All while still being in beta. Growth isn't bounded, it's permissionless. More 🔜 ⚙️🧰

DVV is one of my favorite products in the ecosystem: - Improves decentralization - Generates rewards from @Obol_Collective and @ssv_network - Routes ETH into SimpleDVT by @LidoFinance What can be better? Leverage obviously, makes me up to 40x happier❤️

Tres Commas Gearbox 🔜

$ETH 3000-3500: skeptics pay attention 3500-4000: maybe a strong rally is possible 4000-6000: holy shit I better get allocated. It’s going to 10k 6000-10k: ETH won the L1 wars. Going to 20k+ —— For months the bears dominated the ETH narrative. Now, the higher the price goes the stronger the believe. A self fulfilling prophecy. Do you believe?

@sherlockdefi big brains 🫡

Mellow Flexible Vaults Code Walkthrough x.com/i/broadcasts/1…

At @stable_summit, @0xmikko_eth highlighted a key pain point for leveraged borrowers: losing months of yield to DEX swaps. Tomorrow, Gearbox changes that. Leverage Mint and Withdraw directly from DVstETH's contract with up to 40X leverage. No DEX, no slippage, no fee. ⚙️🧰

Watsons locked in!🦾 Major upgrade of @mellowprotocol stack with generalized vaults for complex onchain strategies is on the way. One vault architecture to rule them all: institutional, modular, curated💍👑

Step 1 to Permissionless Gearbox? Unlock it. Everywhere. 🔓 Gearbox is making lending history with a proposal to deploy across 23 EVM L1s and L2s simultaneously, making lending truly omnichain. Permissionless Gearbox is coming. ⚙️🧰

Just created my Circles profile! Looking to get trusted by someone who’s already in the network. @aboutcircles app.metri.xyz/p/0x9149DE0944… x.com/aboutcircles/s…