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Miri está dejando caer demasiado alfa para ser honesto casi no quiero RT pero es 100% cocalphaine colombiana de grado puro
"AFAIK solo @eth_strategy está preparado para este cajero automático"

19 ago, 19:10
funniest outcome is DATs following the same path as @OlympusDAO:
>blowing up from full (9,9)
>multi-year bear
>survivors adopting combo of Cooler Loans / YRF / RBS
they would then:
>lend against holdings via SPV
>earn on borrows + trsry deployments
>use yield for cont. buybacks + building liquidity reserves (cash & cash eqs)
>protect NAV floor with reserves (no selling BTC/ETH)
>create vehicle for perp lev exposure to NAV premium (a la @origami_fi hOHM)
i.e. making the reflexivity more asymmetrical like present-day OHM and becoming procyclical on the way up / antifragile on the way down
(vs being procyclical both ways like DATs are now and OHM used to be)
AFAIK only @eth_strategy is primed for this atm
if any other DATs want to skip the blowing up part and learn from mistakes of the past feel free to DM

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