think this is a first for our space
kinto asking for 750k 50% APR ~1 month uncollateralized loan to repay users affected by exploit
thats a 10% premium for repaying their users immediately while they figure out how to repay the wildcat lenders
pretty cool usecase i wonder if this could become a new standard and if every party will get paid in the end
would you take a gamble for a 10% return in size?
Remember when all of CT was obsessed with InfoFi?
Kaito airdrop, earning yaps, smart followers... but the meta's changed. What is valuable content now?
We’re breaking it all down on Hot Takes with @0xWenMoon, @0x_ultra, @naruto11eth & @ri5hitripathi
On July 16th, 5pm UTC.