This categorisation doesn’t make sense and is pretty much self-serving. First of all, arguing that a vault where a curator has discretion over how capital is allocated across markets, and can even expand into new markets beyond the user’s initial mandate, which, btw, is a known Morpho drawback (very non-LP friendly), should be considered non-custodial simply because it has a timelock is about as strong an argument as a wet European paper straw. Especially the part of implicit approvals that simply changes the whole allocation mandate and users don’t even have the proper tools to monitor these changes. Also the part on relying roles, doesn't really solve much, simply creates a blame game and relocates potentially liability but doesn't solve the actual problem. Vaults that could reasonably be considered non-custodial are those without a manager. For example, vaults that simply wrap deposits into a lending protocol, or the original Yearn vaults. These are make sense to be categorized as non-custodial vaults. There’s nothing inherently wrong with discretionary vaults, as long as the regulatory path is figured out. I’m all for developing industry standards, but let’s at least do it in a way that serves the broader industry rather than your own interests. 😂

tomorrow.

Scammers found a way to make people drain their own wallets without sending them a phishing link. They uploaded YouTube tutorials showing people how to build an AI crypto trading bot with Claude. People followed the tutorial themselves. Copied the code. Deployed the smart contract themselves. Funded it from their own wallets. And approved every transaction themselves. Except the “trading bot” had no trading logic. It was built to send their ETH straight to the scammers. 224 wallets lost 274.6 ETH, worth about $517,000 when it was stolen. The median victim lost 1 ETH. Some victims even got an error after getting drained telling them to deposit another 50% to fix the bot. They literally got people to build, fund and approve their own wallet drainer. You've got to be very careful this days

Wanted to take a moment to review all the features of the new Safe Launch tool by StonkBrokers for token launches, going live today. So the question is, how would you trade these coins? The level of customization will lead to interesting strategy, and I am eager to see the experiment go live. NFA. Please do not risk more than you can afford to lose, and have fun. This is about monetizing safety and using those funds to push distribution and deepen liquidity. Four sections below.

Distribution. Distribution. Distribution! Tomorrow the StonkBrokers Safe Launch anti sniper customizable token launch feature goes live. This is not the entire Stonk Launcher, but rather a core feature that will exist as an option within the launchpad, allowing teams to customize their launch while utilizing the StonkBrokers anti snipe time decay model. 1% of all anti snipe fees have been reserved for a special referral program. Anyone, not just StonkBrokers, can now create their own Clock In Card and receive a share of the anti sniper fees generated by anyone who trades using their Clock In Card link. Everyone can clock in.

The next generation of the ether.fi crypto neobank is live. Earn, trade, borrow, spend. One app to replace your traditional bank. What’s new: → Tokenized stocks and metals trading → An integrated @Aave market on @Optimism, borrowing against your full portfolio at ~4% → New on and off-ramps support over 30 new currencies → New payment methods: Cash App, Apple Pay, LemonPay, and more → Programmatic ETHFI buybacks from every product and revenue line

1/ The first rule of Memecoin Club: you are the exit liquidity. The second rule of Memecoin Club: YOU ARE THE EXIT LIQUIDITY. We decoded 1.9M trades on the new @Uniswap memecoin launchpad on @RobinhoodCrypto chain to write the other six rules 🧵