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I'm one of the signers of governance multisig. I'm using 0x7321ED86B0Eb914b789D6A4CcBDd3bB10f367153 lumberg.yearnmultisigsigner.eth.
Lumberg
@lumbergdoteth
Co-founder | DeFi Builder || delegate | council | council
Web3Joined February 2012
Lumberg’s posts
It’s clear to me that recent events surrounding the exploit have not been well understood.
I would like to take this time to set the story straight.
Replying to
Industry standard for whitehat bug bounty payout is 10%.
Aave should pay the 10% whitehat bounty to Yearn. $1.7B.
New ApeCoin Non-Staking Distribution Proposal
Cap added per NFT
Auto-compounding
Safe and Easy - No staking; just claim $APE from apecoin.com
Co-authored with
Cap added per NFT
Auto-compounding
Safe and Easy - No staking; just claim $APE from apecoin.com
Co-authored with
Replying to
Throughout this entire ordeal, Aave collected ~$2m in flash loan fees, while Yearn devs were busy fixing their 11-figure vulnerability. Aave didn’t have the decency of recognizing the fact that Yearn devs were the whitehats that saved their ass.
MakerDAO was an OG DeFi protocol aiming to build an autonomous, decentralized stablecoin for the internet with low volatility against fiat currency, backed by ETH.
DAI is now migrating to USDS, a censorable stablecoin that goes against its original vision.
RIP DAI, 2017-2024
uniswap:
- 7 employees
- ~13m raised
- 1.83-billion Liquidity
- Tier 1 VCs
sushiswap:
- Community/DAO-funded devs
- 10% devs share
- 1.42-billion (of Uniswap's current) Liquidity staked
- 16.7% of trading fees distributed to SUSHI token holders
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Matteo Leibowitz
@teo_leibowitz
coinbase:
- 1200+ employees
- ~$550m raised
uniswap:
- 7 employees
- ~$13m raised x.com/haydenzadams/s…
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