3

I work for an L1 and it’s pretty crazy how clear it is that all tech leads transacted onchain maybe 5 times in their life.

we need more tradexyz markets these charts are insane

I may look very stupid but here goes DeFi is dead - the way it is today is going to lead to a slow bleed of TVL, loss of trust, and massive loss of capital from users There are no simple but effective safeguards for users. Hell, even some teams don't enforce basic rules when they have hundreds of millions of TVL. You don't have to give up decentralization to protect users I brainstormed a bit, most ideas are probably awful and not possible but hopefully can lead to smarter people coming up with better ones: TO PREVENT WALLET COMPROMISES — Idle mode: allows users to freeze their account for X period of time, to unfreeze requires a password/code/face or finger ID — Safeguards: when creating an account, allow user to select between fast/slow account, where fast means immediate withdrawals and slow means timelocked withdrawals. This would allow users to have Hot/Cold accounts individually like we have cold wallets and hot wallets. — Whitelist: user defines 1-3 addresses where funds can go to. Changing whitelist has a 72h timelock. This would mean that even if the wallet is exploited, the funds can only go to accounts the user added himself. — Limits: On Cold account mode, don't allow more than X% of funds to be withdrawn in a period smaller than 24-48 hours FOR DEFI PROTOCOLS — Transparency: Show Multisig/Timelock and other safety transparency details at all times in the page, through either a clickable popup or other way that works with the UI - projects should be proud to show their safety standards and by doing so, force unsafe ones to improve. — Oversight: Create a task force with FNDN oversight & members from each DeFi protocol with over $X00M TVL to create best practices and keep and open line of communication on ecosystem security. — Funds Flows: Have an easily accessible tab/dashboard/tooltip, where I can see where my money is going to: how many protocols, which ones, etc. I think Wallets also should provide a button in the main wallet page to revoke all permissions so that the user is motivated to do it often.

What I learned after being in crypto full time for the past 6 years is Almost nothing is truly Decentralized AAVE ? no because my funds are frozen right now Arbitrum ? glad they saved the funds but its not decentralized Drift ? haha even Hyperliquid ? we know its not It makes me wanna do dump all my alt coins, only buy bitcoin and ETH and log off

be honest what monthly income would it take for you to go full-time in web3?

every great day starts with a cold white monster

We filed a federal class action in SDNY on behalf of our client against the creators of AI16Z and ELIZAOS, alleging consumer protection claims. Case 1:26-cv-3238 SDNY

bc everyone that uses crypto is unemployable due to being one shotted by random wealth generation or one shotted by wealth destruction