Trustless is building the future of defi on zkSync. Join us: https://xitter.cf/t.co/z8Wapzc3Uf
everywhere
Joined July 2020
- Tweets156
- Following143
- Followers19.3K
- Likes725
Trustless retweeted
The entire DeFi industry - VCs, DAOs, devs, everyone - is colluding to hide the fact that if 5 people, chosen by @chainlink, ever decide (or are forced) to go rogue, the entire DeFi ecosystem can be intentionally destroyed in the blink of an eye.
Trustless: the next big thing in degovernance
>99% of the #DeFi protocols are fully centralized / team-ran or captured by rogue governance (Hello $MKR)
Remaining 1%?
One doing degovernance @reflexerfinance
Some no gov 👋 @LiquityProtocol
Still waiting for a live protocol with decaying governance: @trustlessfi first?
We are honored to be on your list!
Additional list of stablecoins projects I follow closely because they move the needle in the right direction:
LIVE - @reflexerfinance @LiquityProtocol @BeanstalkFarms
SOON - @DYADstable @trustlessfi
Feel free to add to it: I'm always in to explore new stablecoin models!
Trustless retweeted
Can some good come from FTX’s ruinous downfall?🙏Here’s why @ErikVoorhees, as fmr CEO of an exchange, is “pissed” even as he hopes this brings focus back to true DeFi.
For regulators who may vilify the industry? 🔥“Wake up to what crypto can actually do.”
youtube.com/watch?v=fQw-oMCs…
Trustless retweeted
Top Tier Zksync Testnet You Should Interact With
@tevaera Active✅
@trustlessfi Active ✅
@MintSquareNFT Ended
@spacefi_io Active ✅
@MESprotocol Active ✅
@syncswap Ended
@raise_fi Active ✅
This List Was Curated In No Particular Order, Zksync Goes Live < 12 Days
Uniswap V3 on zkSync is essential for Trustless protocols. Read more here: trustless.fi/blog/uniswap-v3…
Uniswap community, come to zkSync! #JoinTheMission
Security, Ethos, Scalability
@zksync ♥️ @Uniswap
gov.uniswap.org/t/deploy-uni…
All data necessary for a keeper to liquidate Hue positions is stored on-chain. This removes the risk of a centralized service going down, removing single points of failure. Read more: buff.ly/3x8cVX0 #DeFi
Hue incentivizes anyone to call a function once daily to automatically adjust interest rates. The protocol updates the interest rate trustlessly according to an on-chain calculation. Read more: buff.ly/3Rxsccf #DeFi
Hue derives all prices from Uniswap TWAPs. Uniswap TWAPs represent the true on-chain price of two assets; no centralized entity can control these prices. buff.ly/3RJQBuG #DeFi
Learn about the pros and cons of Uniswap V2 vs Uniswap V3 for prices in a decentralized protocol: buff.ly/3B2bVVJ #DeFi
In Hue positions can be instantly liquidated so that Hue can correct undercollateralized debt before it further endangers the protocol. Read more: buff.ly/3x8cVX0 #DeFi
Trustless retweeted
Coinbase updated its @MakerDAO proposal to explain that Maker must name 4 people who will be the only people authorized to move $1.6 BILLION between Coinbase and the trustless Maker vault where the USDC currently sits.
DAI holders would have to trust Coinbase AND these 4 ppl.
