igor.sol 🇵🇹
8K posts

igor.sol 🇵🇹
@ig0r_sol
Reinventing stablecoin yields with @kormos_fi ex @texture_fi | | 10+ yrs IB/PE/VC turned DeFi Maxi @LucidDrakes 🐉 @DeadKingSociety 💀👑 @MonkeDAO 🐒



vault curation eats dao advisory $5m isn't enough for @chaoslabs $1.6m wasn't enough for @gauntlet_xyz either so both quant risk firms walked gauntlet left in feb 2024 and built a $1.5-2b curation book on @MorphoLabs in 18 months chaos labs just exited today, the same week aave v4 ships vault curation went from $300m to $7b tvl in about a year is aave left with llamarisk at $500k a year? on $26b in tvl? dao advisory was a fixed retainer capped by governance votes vault curation is a performance fee that scales with the book who underwrites the next $6m of bad debt?






Update: We've recovered more, & moved USDC + USDT to only a 1% markdown 🎉 Project 0 resumes operations at 9PM EST!


Read this week's edition here: canva.link/0f8mztd40aqpyx0 To view all past editions: monkedao.io/newsletter/








