Andrew Huang pfp
Andrew Huang
@ahuang
https://twitter.com/samczsun/status/1554252024723546112?s=21&t=wu1kq3i8Pu5nwwuSOGerKg My current mental model of bridges is that with total value-at-risk all the time, it’s a question of when, not if, the bridge will be exploited
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Andrew Huang pfp
Andrew Huang
@ahuang
It follows that one of the design constraints of a “bridge” should be to limit the total VAR. otherwise it’s gg
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