Will DeFi Survive This? - podcast episode cover

Will DeFi Survive This?

Aug 02, 20231 hr 3 min
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Episode description

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?

 

*CORRECTION: The address that exploited the CRV/ETH pool controls .082% of the circulating supply, not the 8% accidentally mentioned in this segment.
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TIMESTAMPS


0:00 Intro
7:23 EVM Exploit Explained
13:21 MEV Bot Sidequest
18:21 CRV Contagion
23:43 CORRECTION: SEE SHOWNOTES*
31:43 The OTC Bailout
35:43 Buying Mansions On Leverage
41:43 Second Order Risks
47:43 Who is to Blame?
53:43 Are we in the Clear?
56:43 Lessons Learned
1:01:43 Risks and Disclaimers
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RESOURCES


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


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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 ⁠ 

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