defi-research

ヽ(⌐■_■)ノ♪♬ @ @gauntlet/🤖Ventures/tldr/Aera \\ ¯\_(ツ)_/¯ Struggling with the nature of randomness \\ main: @gaa \\ /red-bull /defi-research maxi

Hey @pinged,

What’s the chances that Ethena has a crash like Terra Luna did?

Building /stokefire a mobile strategy game onchain. Run and own poolfish.xyz a calculator for LP providers. Built Potion solo and sold for $300k.

Macro analyst focusing on crypto. Dabbler of memecoins.

That is a really good point.
We are putting a lot of trust into some operators.

We can argue whether $ENA is the next $LUNA.

One thing we can’t deny is that it’s centralised AF. We gunna deposit into a protocol that takes our assets to a CEX for funding rates?

That is bonkers imho

Bull market means ethos and etiquette is forgotten.

Former financial advisor.  Teaching crypto to financial professionals for 4 years.  Multi-family office for crypto wealthy


Going through their docs maybe?

I’ve heard a podcast or two on it but didn’t give me a feeling of really understanding it.

I've avoided learning too much about it, but with billions in there, I need to.

Where is the best place I learn about how Ethena works?