Will DeFi Survive This?

A special mid-week episode is in order as we discus the string of events that led to one of the largest risks DeFi has faced in a long time.
What happened to Curve, what's at risk, and what can we learn from all of this?

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TIMESTAMPS

0:00 Intro
8:00 EVM Exploit Explained
14:00 MEV Bot Sidequest
19:00 CRV Contagion
24:00 A lesson In Leverage
(CORRECTION: The address that exploited the CRV/ETH pool controls .082% of the circulating supply, not the 8% accidentally mentioned in this segment.)
32:00 The OTC Bailout
36:00 Buying Mansions On Leverage
42:00 Second Order Risks
48:00 Who is to Blame?
54:00 Are we in the Clear?
57:00 Lessons Learned
1:02:00 Risks and Disclaimers
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RESOURCES

DeFi's Contagion Curveball
https://www.bankless.com/defi-contagi...

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://www.bankless.com/disclosures⁠