Marcin | RedStone π ETHWarsaw π΅π±
@MarcinRedStone
Co-Founder @redstone_defi Oracles β¦οΈ Summoner @ETHWarsaw π΅π±
RED is live. The real hard work continues. Traction, new products and solid fundamentals, we will keep working on them long term. By builders, for builders.
RED is live. $RED is the foundation of the RedStone ecosystem. Stake RED to secure the oracle price feeds.
What happens when Justin Sun withdraws 600M of $ETH from Aave? β’ ETH Borrow & Lend rates spike β¬οΈ β’ The backbone of DeFi, LST looping, is temporarily unprofitable β’ The market stETH / ETH rate depegs ~0.3% How DeFi's biggest moves can suddenly spook leverage loopers π
Duration risk β³ Thatβs a major aspects weβre discussing with big financial institutions every week now. The below case study is a good example of why it matters at large. With tokenized assets weβre talking quarterly or longer redemption, not βjustβ 18 daysβ¦
What happens when Justin Sun withdraws 600M of $ETH from Aave? β’ ETH Borrow & Lend rates spike β¬οΈ β’ The backbone of DeFi, LST looping, is temporarily unprofitable β’ The market stETH / ETH rate depegs ~0.3% How DeFi's biggest moves can suddenly spook leverage loopers π
RedStone is now part of the GSF. GSFβs mission is to foster the development and growth of the Global Synchronizer in the @CantonNetwork. RedStone is excited to collaborate with other members, including Moody's, Copper, and Euroclear, to build the data infrastructure needed toβ¦
Vitalik published Ethereum whitepaper 11 years ago. What did you do that day?
0/ 11 years ago, the Ethereum Whitepaper outlined the vision, purpose, and technical design of Ethereum.