Finance Redefined: Is DeFi really a threat to centralized finance? Oct. 14-21

Maybe some rich crypto whales could use these loans for a more tax-efficient use of their money without losing their crypto position, but even that is still a form of leverage - you lose more when it goes down compared to just selling the portion you need to pay for expenses.

AMMs like Uniswap or Curve will never really replace order book exchanges because they can't price things "Correctly" on their own.

The Dharma-led governance vote to reduce the voting quorum on Uniswap failed because it didn't reach quorum.

Even some in the community suggest that people really thought it would have passed.

The logic is that once you reach the threshold there's no point to add more votes since it costs gas and work to rally voters.

Maybe the vote really whiffed by a hair because it couldn't gather the community support it needed.

At this point I'm not even sure what to say anymore, but Yearn Finance founder Andre Cronje was once again "The cause" of some people losing money in a pump & dump scheme.

Its token, KPR, was once again listed on Uniswap by people who discovered the contract.

There's just no way he could disclaim harder that people shouldn't throw their money into these contracts, and the losses are just due to the games these people play on Uniswap.

Basically, the idea is that by providing liquidity they have a "Short volatility" position - they lose if volatility is high, and they make more money from fees if volatility stays low.