1/ Never a dull day in DeFi. $EMN just so everyone is clear was never a released Yearn product, it was a set of preliminary contracts deployed and under testing. The Yearn: Deployer tag on etherscan was never authorized by Andre. Etherscan put it there themselves. I don’t believe
2/ he envisioned that $15m in DAI would be sent to this contract before he went to sleep. But I trust Andre’s integrity and his long term vision. Another thing to bring up is that you could only buy $EMN by calling functions on the smart contract. Anyone who bought it was a
3/ sophisticated DeFi user this was not Grandma Sue degening her pension. If you didn’t understand the risks, that’s on you, maybe a CD at Charles Schwab is better suited. People should take ownership over their actions.
4/ This is the current news cycle, but did everyone forget about the KuckCoin hacker who stole $150m and couldn’t even figure out how to sell on Uniswap without 50% slippage?
5/ There was some other garbage news on Justin Tron today I didn’t even read because he is irrelevant ($TRX are the NPCs in the DeFi MMMORPG). Does anyone not remember when China “banned” BTC for the 3rd time (so they could accumulate)?
6/ This was absolutely nothing compared to SIBOS. Marines literally went down and never came back. F. This will be a blip on the total timeline of DeFi. The builders will keep building, the space will continue to grow, and 3-5 years from now the real and innovative projects will
7/ still be around. I trust the vision of Sergey just like I trust Andre’s. As for the hacker, well (he?🧐) could certainly keep his $7m and smash god-tier telemunda novias for the rest of his days. Imagine the smell (I don’t have to).
8/ Or he could do the right thing and return the funds back to the multi-sig minus a 10% “finder’s fee”. Karma is on you, but I’ll hope you’ll do the right thing. Also, I’ve been in this space long enough to know that no one knows what they are talking about. Literally no one.
9/ I’ve seen “pro” traders buy the top, watch it dump 50%, sell the bottom with tons of slippage. No one has a clue. Don’t listen to me, a cartoon, a Kirby character, or anyone. Make your own decisions.
10/ Again focus on the long-term and the builders. $LINK $YFI $ETH $SNX. We all gonna make it brahsefs. Tweets as always are my own, and don’t represent anyone else’s views.
11/ The days of sticking your pp's into Cherry pies or whatever else is cooking may be over. But the real builders will keep building.
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