Daily Degen 2022 June 23 🦍📓

TLDR;

- Crypto is speed running the history of finance

- Voyager has BIG exposure to 3AC

- The future of Olympus DAO looks gud

- dydX to create its own blockchain for its dapp

---

1/ @ChainLinkGod on how crypto history has parallels with trad-fi history

ChainLinkGod.eth @ChainLinkGod

History doesn’t repeat but it does tend to rhyme Bernie Madoff Ponzi (TerraUSD) Fall of Lehman Brothers (3AC) Wirecard insolvency (Celsius) Robinhood trade halt (Bancor)

2/ @investvoyager revealed to have more than 15,000 BTC worth of exposure to 3AC. Ensuing news plunged the shares by 60%.

db @tier10k

[DB] Voyager's exposure to 3AC consists of 15,250 BTC and $350 million USDC, 3AC has not repaid requested amounts. Voyager: Failure to repay by June 27 will constitute an event of default Voyager intends to pursue recovery from 3AC

3/ @WartuII on the future of @OlympusDAO

Wartull @WartuII

Over 200 of you voted for the topic of today's thread, and it is very clear you all want to know my perspective on where OHM will be (or should aim to be) in 5 years. Let's dive in! 👇 🐢

Wartull @WartuII

Topic for tomorrow's thread?

4/ @dYdX V4 to release on its own cosmos-based blockchain

dYdX @dYdX

We’re excited to announce that dYdX V4 will be developed as a standalone Cosmos-based blockchain! 🔗🎉 dydx.exchange/blog/dydx-chain

dydx.exchangeAnnouncing dYdX ChainRebuilding dYdX as a standalone Cosmos based blockchain featuring a fully decentralized, off-chain, orderbook and matching engine.

5/ Where do I buy DraculaCoins??

Quartr @Quartr_App

A new breed