Merlin Egalite | Morpho 💙 @MerlinEgalite
wizard building public financial infra @MorphoLabs linktr.ee/MerlinEgalite 🌍 Joined November 2018-
Tweets3K
-
Followers2K
-
Following161
-
Likes4K
indeed
You'll soon be able to enjoy fixed rates on top of Morpho Blue thanks to our friends at @delv_tech and their Hyperdrive. Nice work @CharlieStLouis @JonnyRhea & team 🎉 Testnet live here 👇
You'll soon be able to enjoy fixed rates on top of Morpho Blue thanks to our friends at @delv_tech and their Hyperdrive. Nice work @CharlieStLouis @JonnyRhea & team 🎉 Testnet live here 👇
Gas at 8 Gwei ⛽️ - supply collateral + borrow: ~7$ - supply through a MM vault: ~8$ It has never been so cheap to use a lending protocol for years
Feels like it's already Summer out there for @BlockAnalitica 🥵
Feels like it's already Summer out there for @BlockAnalitica 🥵
Detailed retrospective on yesterday's ezETH price drop by @gauntlet_xyz 11 bps of loss covered after 2 days of interest accrual. More detailed in Morpho's forum.
Detailed retrospective on yesterday's ezETH price drop by @gauntlet_xyz 11 bps of loss covered after 2 days of interest accrual. More detailed in Morpho's forum.
Many doc improvements planned in the coming weeks. What do you HATE about it?
You might not see it, but the offchain team is working hard to introduce new features and fix small bugs in the interface, performing multiple updates per day. We hear your feedback and take them into account so please send them; the discord is open for this 🫡
Morpho Blue paradigm is hard to grasp. See it has a true financial infra on which whatever product can be built on top to offer tailored solutions to user needs. It has no equivalent in the lending space. This is why MetaMorpho vaults exist for lenders trusting curators to…
Morpho Blue paradigm is hard to grasp. See it has a true financial infra on which whatever product can be built on top to offer tailored solutions to user needs. It has no equivalent in the lending space. This is why MetaMorpho vaults exist for lenders trusting curators to…
Glad to see that MetaMorpho vaults getting traction. This is how the lending space will scale.
Justified and research-led decision is the way to go. Thank you @LouisBachelier for your help.
Justified and research-led decision is the way to go. Thank you @LouisBachelier for your help.
Wondering how to migrate your positions from Aave or Morpho-AaveV3 to Morpho Blue in 1 click? Here is the solution 👇
Wondering how to migrate your positions from Aave or Morpho-AaveV3 to Morpho Blue in 1 click? Here is the solution 👇
Considering taking some days off, what do people do in general?
Builders building liquidation bots in rust on sundays on Morpho Blue. Bluellish 💙
Builders building liquidation bots in rust on sundays on Morpho Blue. Bluellish 💙
Could @bryan_johnson make it to Forbes 30U30? 🤔
Paul Frambot | Morpho @PaulFrambot
5K Followers 360 Following Making finance a common good @MorphoLabs 🦋 - Farcaster: https://t.co/q2HJBveKnfMorpho Labs 🦋 @MorphoLabs
25K Followers 12 Following Building the most secure lending protocol on Ethereum. Join the community: https://t.co/EQJUOM3tkbMarc “Chainsaw” Z.. @lemiscate
86K Followers 2K Following @Aavechan Initiative founder Aave DAO service providerPablo 📐 @pablo_veyrat
4K Followers 267 Following Core Contributor at @AngleProtocol 📐 Proud European citizen building an open financial ecosystem 🇪🇺monetsupply.eth @MonetSupply
28K Followers 3K Following work @BlockAnalitica. Ðao appreciator. $SOCKS keep feet warm. pfp by @badkidsart. not financial advice.Figue 🗳️♻️ -.. @Figue_me
2K Followers 1K Following 🛡️ Chaotic Neutral founder of @Paladin_vote 📜 Covering all things economic governance ♥️ Transparency / Progress / PermissionlessPatrick Collins @PatrickAlphaC
84K Followers 4K Following Co-founder of 🛡️@cyfrinaudits | 🟪 @soloditofficial | 🦅 @codehawks | 🎓 @cyfrinupdraft Building the Web3 we promised.Morpho Intern @Morpho_Intern
456 Followers 234 Following Educated Degen | Not to be Taken (too) Seriously | Clearly Not Financial AdvicePaul Razvan Berg @PaulRBerg
16K Followers 1K Following Co-founder @Sablier. Interested in crypto, longevity, physics, and epistemology.scoopy trooples @scupytrooples
96K Followers 3K Following @AlchemixFi @egirl_capital 錬金術師 my tweets are my own ꙮꙮStarny.eth 🦇🔊 ... @0xStarny
2K Followers 2K Following Belgian, passionate about blockchain, NFT and especially DeFi. Head of Everything. Visit my IPFS website 👇👇👇👇L0GYKAL @L0GYKAL
2K Followers 5K Following Refracting the yield @spectra_finance 🕶️ President @bsa_epfl 👨🎓 Guidance @Ondefy 🏄 Student @ICepfl and Angel investorSeraphim @MacroMate8
56K Followers 5K Following Head of Taking Risk | Head of Growth at @ethena_labs | Ambassador at @vertex_protocol | Advisor to @metastreetxyzMichael Bentley @euler_mab
10K Followers 2K Following CEO of Euler Labs @eulerfinance. Dynamical systems and evolutionary game theory @UniofOxford. Opinions my own.Willow Dykhouse @DykhousWill
64 Followers 5K Followingalim.eth ᛋ @AlimKhamisa
3K Followers 4K Following product @delv_tech | co-founder @DeFiToronto | alim_.lensjonny ray ᛋ @JonnyRhea
7K Followers 943 Following co-flounder 🐠 @delv_tech | linux and led zeppelin | prev failures: musician, mathematician, aerospace engineer, data scientist, @ethereum core devCynthia Nessel @NesseCynthi
72 Followers 5K Followingakif @akifburda001
71 Followers 795 Following Yüce Peygamberimiz Hz. Muhammed Mustafa sav. efendimiz ve Mustafa Kemal Atatürk ile Türk'lüğüm kırmızı çizgim.👍💓🙏🇹🇷 Çomarlar ve tarikatlar uzak dursun.Alida Skiff @AlidaSkiff30193
77 Followers 5K FollowingOverly Literate Skate.. @0xflashmine
3K Followers 1K Following arXiv & IACR news, skateboarding, reading | prev: consensys, polygonPamula Shymske @ShymPamu
11 Followers 2K Followingxr01mxjnhyh @339kgbnv79
32 Followers 1K Following We first transfer USDT to you TRC20, you return 90% to BEP20, you get 10% , 2K per day Our co hv a large amt of USDT need to from TRC20 convert to BEP20 networkNatividad Zelinski @NatividadZ97759
67 Followers 5K Followingmahamudul hasan @swapon5896
6 Followers 209 Followingjosef.je @JosefJ_
2K Followers 745 Following Making DeFi mortgages a reality! @PWNDAO | host of @ETHPrague & @EthereumZurichsnowdev @snwdev
219 Followers 2K FollowingDimitrob @Dimitrob2
703 Followers 726 Following Studio dev lead at @strikergameshq. Building kickass web3 titles @animeragame. ex-Konami.etra @0xcorreltrading
358 Followers 3K Following Cooking on Agents/Trading Advisor @arbius_ai Prev @ Co-founder at @nftperp Prev @ Sold https://t.co/cCej4a0igv - 1st app on Bittensor $TAOdantesito.eth 🇦�.. @d4rm_
1K Followers 834 Following 19yo • gordo compu full-time • devrel @proofxme 🪪 • building @libly_xyz 📖 • systems engineering @fcex_unicen 📚️ • https://t.co/O9lZ3vDAVNThresa Turri @ThresaT62016
37 Followers 5K Followingortegas @OrtegasCrypto
49K Followers 2K Following Web3 Researcher | Giving alpha | Airdrop Content Creator and tester |I'm interested in @Blast_L2 | Ambassador👉@wasabi_protocoldeadmanwalking @NickKatsios
101 Followers 819 Followingking of chains @besiktaseth
287 Followers 3K FollowingJChen @0xJChen
1K Followers 5K Following Crypto Option @GreeksLive, Governance @UMichBlockchain; intern @subway | prev. Research on Reinforcement Learningpeterxing.eth🧢🦾.. @peterxing
24K Followers 24K Following accelerating data & ai @microsoft @azure, cofounder @transhumanau @transhumancoin h+ @singularityu advisor @waviaglobal ex emtech director @kpmg @deloitteAleksander Biesaga @AlekBiesaga
3K Followers 5K Following Crypto | AI | Investing | Golf | Tennis📍Dubai 🇦🇪kazoomarc @datamoree
635 Followers 5K Following • random-digital-art-ish — FB: https://t.co/ZEI4oo3qwq — IG: https://t.co/Rh4056hSDdAdolfo Güell @adolfoguelldmz
59 Followers 355 Following Industrial Engineer and generalist. Strategy at @life5_insurance. Creator at Weekwise.Dannielle Phebus @DannielleP88082
80 Followers 5K FollowingYev🇺🇦 @jerh17
3K Followers 1K Following CBDO & Co-Founder @hackenclub security auditor | Forbes 30 Under 30stackinbit.btc 🟧 @stackinxbt
409 Followers 4K Following #Bitcoin Investor & Oridinals Collector 👁️🗨️Alex @WeseleyAlex
200 Followers 815 Following now contributing @artemis__xyz @mechanism_inst prev datasci and head of research @cublockchain curb enthusiast 🇦🇷Dujancourt Vincent @horizon44436
10 Followers 31 FollowingCampbell 🥚 @CampbellEaston
2K Followers 773 Following The Bryan Johnson of crypto marketing. Shiposting about ETH, MEV and liquidations. Current @UMAprotocol. Prev worked on @McKinsey, @WorldBank, @UN.Paul Frambot | Morpho @PaulFrambot
5K Followers 360 Following Making finance a common good @MorphoLabs 🦋 - Farcaster: https://t.co/q2HJBveKnfMorpho Labs 🦋 @MorphoLabs
25K Followers 12 Following Building the most secure lending protocol on Ethereum. Join the community: https://t.co/EQJUOM3tkbMarc “Chainsaw” Z.. @lemiscate
86K Followers 2K Following @Aavechan Initiative founder Aave DAO service providersamczsun @samczsun
143K Followers 203 Following hunter @paradigm, powered by @openai. art by @Keiseeaaa,@vincywp. reach out via telegram https://t.co/1IDOUbRX6vsassal.eth/acc 🦇�.. @sassal0x
251K Followers 1K Following Independent Ethereum educator, angel investor and advisor. Founder of @thedailygwei ⛽ Follow me on Farcaster: https://t.co/MVK4xfPScctokenbrice.eth (🐜,.. @TokenBrice
25K Followers 922 Following ⛓️ Unstoppable code zealot & liquidity shaper 🧰🌊⚙️ #DeFi Strategy @DeFiCollective_ Advisor @mavprotocol 🤼 @LuchadoresNFT fanatic 🇫🇷 @DeFi_FR G.OLefteris Karapetsas |.. @LefterisJP
56K Followers 772 Following Founder of @rotkiapp🐦, the portfolio tracker that protects your privacy. #Berlin. University of Tokyo graduate. Marathon runner. #ethereum developer. #birdingMudit Gupta @Mudit__Gupta
64K Followers 1K Following CISO @0xPolygon labs | Tech @Deltabc_fund | Blockchain Security Researcher | Ethereum & Web3 dev | Advisor & Angel Investor | Opinions are my own 🦇🔊scottlewis.canto @scott_lew_is
75K Followers 2K Following invented TVL, the dex aggregator, CSR and competitive audits. cofounder: @slingshotcrypto @code4rena @defipulse @atriumNFT. mech design. canto contributor. web+monetsupply.eth @MonetSupply
28K Followers 3K Following work @BlockAnalitica. Ðao appreciator. $SOCKS keep feet warm. pfp by @badkidsart. not financial advice.pascal0x 🧪🦇🔊 @pscltllrd
8K Followers 1K Following Playing with synthetic flavors at @Jarvis_Network.Figue 🗳️♻️ -.. @Figue_me
2K Followers 1K Following 🛡️ Chaotic Neutral founder of @Paladin_vote 📜 Covering all things economic governance ♥️ Transparency / Progress / PermissionlessLouis Guthmann zk/acc.. @GuthL
17K Followers 2K Following Head of Product/Market Strategy at @StarkWareltd. My DM are open - More about Starknet projects: https://t.co/SOclSu6aW8Morpho Intern @Morpho_Intern
456 Followers 234 Following Educated Degen | Not to be Taken (too) Seriously | Clearly Not Financial AdvicePaul Razvan Berg @PaulRBerg
16K Followers 1K Following Co-founder @Sablier. Interested in crypto, longevity, physics, and epistemology.kirk @OneTrueKirk
4K Followers 2K Following father, garden appreciator, building @creditguild. occasional curmudgeon. Writing at https://t.co/deW8VVdiQhNick Shalek @nshalek
4K Followers 341 FollowingRibbit Capital @RibbitCapital
10K Followers 21 FollowingSecurity Alliance @_SEAL_Org
6K Followers 72 Following Securing the future of crypto | Cover art by @yueko__Travis Kling @Travis_Kling
106K Followers 1K Following Find your Ikigai 🌊 None of this is investment advice.Albert Wenger 🌎�.. @albertwenger
69K Followers 4K Following VC at https://t.co/PK5K4ZzdrG. Blog at https://t.co/AeG4JkFOme. Book at https://t.co/qQB0u6B0oY. Hearts == stars, follows != endorsements.gaut is doing nothing @0xgaut
135K Followers 1K Following @alongsidefi — tweets that won’t put you to sleepFred Montagnon (frd.e.. @fred_montagnon
16K Followers 5K Following Engineer. BA. Chairman @ArianeeProject. Investing in two key areas: tech that enhance digital sovereignty and those that optimize the use of resources.Base 🛡️ @base
677K Followers 201 Following A new Ethereum L2, incubated by Coinbase and built on the open-source OP Stack. We have no plans to issue a new network token.☠ Bluetouff @bluetouff
30K Followers 4K Following Building things while breaking stuff... monkey see, monkey hack. https://t.co/dqJ6jlWyKSVictor Charpiat (🐊.. @VCharpiat
2K Followers 4K Following Founder of @KolatCrypto | 🇫🇷 lawyer specialized in crypto-assets and fintech | #bitcoin and #ethereum maximalist | experimenting with DeFiHenri @henrlihenrli
8K Followers 1K Following Perpetual student, head of developer relations @starknetfndn AMA about blockchains, zero knowledge proofs & validity rollupsJoseph Wang @FedGuy12
159K Followers 598 Following Subscribe at https://t.co/VGtUvtX2QK for latest thoughts and analysis. YouTube: https://t.co/wTjbN1iNQ8kain.eth @kaiynne
123K Followers 535 Following @infinex_app working group lead. Wheat thresher enthusiast. Partner @bodhi_ventures.Max G /dd @gm_maxg
1K Followers 541 Following People follow me to get help in having a healthier and longer life with Blueprint. 1200+ people have joined our Don't Die Club.Sam MacPherson @hexonaut
8K Followers 615 Following Co-founder @phoenixlabsdev - contributing to ⚡️Spark⚡️. Previously Protocol Engineering @ MakerDAO.Jesse Pollak (jesse.x.. @jessepollak
109K Followers 2K Following @base contributor #001 @oakcurrency with @0xcity3Patrick McKenzie @patio11
164K Followers 796 Following I work for the Internet and am an advisor to @stripe. These are my personal opinions unless otherwise noted.Alana Levin @AlanaDLevin
8K Followers 635 Following Investing @variantfund. Thinking about token design, incentive structures, mev, data architecture, scaling solutions, and ZK tech | Prior: @BCG @WhartonDiego Saez Gil @dsaezgil
24K Followers 2K Following Founder & CEO @PachamaInc on a mission to restore nature & solve climate change. Technology to realign economy and ecology.Gauntlet @gauntlet_xyz
21K Followers 57 Following Solving DeFi's most complex economic problems to drive adoption and understanding of the financial systems of the future | research, risk mgmt, and optimizationJake Chervinsky @jchervinsky
132K Followers 906 Following Lawyer, but not yours. CLO @variantfund. Board @fund_defi. Ex @blockchainassn, @compoundfinance. Tweets are not legal or financial advice.Pantera Capital @PanteraCapital
168K Followers 447 Following First U.S. institutional asset manager focused exclusively on blockchain technology. Subscribe to our monthly letter: https://t.co/Gy0Apw7uUG…Pierre Entremont @PEntremont
4K Followers 2K Following MP at @frst_vc (4🦄) - I also coined the term NFT (https://t.co/QkYT9SCC42)Nick Cannon @inkymaze
6K Followers 2K Following vp growth @gauntlet_xyz. @aerafinance. poker → crypto ⇄ fintech.George Mack @george__mack
287K Followers 942 Following The best ideas I think or find. Get the best ideas, essays and videos I've collected here: https://t.co/q33ixsFPbqRebecca Rettig @RebeccaRettig1
12K Followers 4K Following Chief Legal & Policy Officer @0xPolygon Labs. Advisor @ElectricCapital. Former @aaveaave co. tweets ≠ advice. lawyer ≠ yours. opinions = mine.Startup Archive @StartupArchive_
39K Followers 1 Following We curate the top 1% of ideas from the world's best founders. Join 8,000+ others who read the free newsletter 👇Marc Boiron @0xMarcB
15K Followers 3K Following Chief Executive Officer at @0xPolygon Labs. Advisor @variantfund. Board @fund_defi. Formerly @dYdX. Opinions are my own.Steakhouse Financial @SteakhouseFi
3K Followers 1 Following We are pioneering open and transparent finance. Financè should be open, transparent, and neutral for every human being to participate in the economyGevulot @gevulot_network
8K Followers 5 Following Gevulot is the first decentralized proving layer for the modular stack. https://t.co/Rkc6TO4DbVPatrick Skinner (🐘.. @PSkinnerTech
3K Followers 983 Following 🥑 Lead DevRel @fwdresearch | @ArweaveEco 🧑🎓 @DevRelUni Cohort #1 🚀 @Developer_DAO Member 🗿 @EPOCHIsland Islander 🪖 Prev Paratrooper Medic @USArmyjonwu.eth @jonwu_
90K Followers 2K Following 🇺🇸 Hanging with early stage founders. Chief Storyteller at @fortyiq. Did the things @aztecnetwork @baincapital @harvardHBS @yale. Other ½ of @maggielove_.Elizabeth Warren @SenWarren
6.9M Followers 508 Following U.S. Senator, Massachusetts. She/her/hers. Official Senate account.Mistral AI @MistralAI
90K Followers 0 Following Fast, open-source and secure language models. Join us https://t.co/INALdNGvCPJason Rosenthal @jasonrosenthal
5K Followers 785 Following Operating Partner & Head of Crypto Startup School @a16zcrypto. 25 years working on frontier tech. 2X CEO, 4 exits & most recently VP Subscriptions @Google.The DeFi Collective (.. @DeFiCollective_
1K Followers 52 Following We harness all relevant on-chain & off-chain resources to foster a supportive environment where #DeFi can emerge as a credible alternative to TradFiRyan Wyatt @Fwiz
425K Followers 9K Following Chief Growth Officer serving the @Optimism Collective 🔴adcv_ @adcv_
1K Followers 962 Following chef at @steakhousefi, professional stablecoin enjoyer at @lidofinance @makerdao & frens, certified low-iq takes only.Tom BENOIT @TomBenoit_
26K Followers 134 Following 🇫🇷 Essayiste et entrepreneur. Directeur de la rédaction de Géostratégie magazine. Compte officiel. Vérités économiques et financières. Rejoignez-moi 🔝Fuse Energy @FuseEnergyTech
847 Followers 49 Following Accelerating the world’s transition to fusion energy.Toni Wahrstätter ⟠ @nero_eth
5K Followers 527 Following Research & Data at Ethereum Foundation | https://t.co/HJkfzUaUb2 https://t.co/ut8WcgWa1nSahil Bloom @SahilBloom
1.1M Followers 127 Following Exploring my curiosity and sharing what I learn along the way. Gave up a grand slam on ESPN in 2012 and still waiting for it to land.1/ A new @MorphoLabs yield source just dropped on Hyperdrive Testnet! 🦋
@hmalviya9 A less sensational retro x.com/gauntlet_xyz/s…
1/ Following the ezETH liquidity crunch and price drop, we posted a Morpho forum update covering the impact on Gauntlet LRT Core. tl;dr - LRT Core suppliers in the vault for more than 2 days are net positive in their supply position given accrued interest. More below 🧵 👇
@martin__a__s @PaulFrambot every “there’s risk that people unknowingly take” argument lies on the existence of an omnipotent risk curator, for which if it existed then there would be no yield as we know it (premium paid for a risk) leveraging permissionless defi to help the market curate risk is scalable
@0xdjma @RenzoProtocol @MorphoLabs Some facts > All oracles depegged including CL > Tranched ezETH markets (86/77/62.5% LLTV) worked > Vault imposed supply caps across tranches worked > Isolated vaults worked
I definitely agree with this. If we really want to build an open and permissionless financial system then we need to be ok with people taking risks and sometimes losing. @MorphoLabs communication always was "choose your own provider" which provider you trust is the users…
The narrative that lenders should somehow never lose in DeFi is very strange. Risk-free reward does not exist. People should be free to take risks. Sometimes they pay off, sometimes they don't. Any protocol which claims to provide risk-free rewards is lying to you.
Don't just focus on the form (it's secondary here) The exchange between @lemiscate and @PaulFrambot (who are both experts on the subject) is about a fundamental issue: is DeFi a matter of products or infrastructure? Worth reading!
Marc, unlike on Aave, Morpho users are free to choose which assets they use as collateral, the oracle and the Liquidation LTV. Does that mean that all strategies are risk-free? Of course not! Users can take the risk they want. Morpho Blue is a permissionless lending and…
JUST IN Centralized money market mad at permissionless lending protocol for NOT being centralized
It's worse than I thought. Imagine waking up to find your position liquidated alongside all users. The close factor is 100% The liquidation penalty is up to 20%, but you had leverage, so you ended up with nothing left. at least ~50k$ bad debt, no safety module Just use Aave.
We saw major liquidations on one Morpho Blue market for ezETH/WETH Thanks to @MorphoLabs's modular risk management, our vaults, such as steakETH or steakUSDC, are unaffected and remain, proudly, very boring Always be maxxing Boringmaxx Yieldmaxx Steakmaxx Morphomaxx
@lemiscate Marc, borrowers don't use the MetaMorpho vaults... you can learn more about how the protocol works on docs.morpho.org
Marc, unlike on Aave, Morpho users are free to choose which assets they use as collateral, the oracle and the Liquidation LTV. Does that mean that all strategies are risk-free? Of course not! Users can take the risk they want. Morpho Blue is a permissionless lending and…
This is called a turkey chart. When your protocol, by design takes shortcuts on risk and oracles everything great until suddenly it’s not. Just use Aave.
1/ In just over one month since launching our first MetaMorpho vaults on Morpho Blue, we’ve surpassed $50M in TVL! Let’s explore our top vaults. 👇 Note: 0% performance fees on all Gauntlet-curated vaults for the first six months.
Today, we're excited to share our latest research paper co-authored with @LouisBachelier, which delves into Interest Rate Model (IRM) Optimization in DeFi Lending. The insights from the studies helped inform the development of the AdaptiveCurveIRM, the immutable IRM used in…
Migrating to Morpho Blue couldn't be easier 🦋 Connect your wallet and migrate any existing supply positions from AaveV2, AaveV3, or Morpho-AaveV3 to Morpho Blue 🔀 #MoveToMorpho
We made it to Forbes 30U30 Europe btw. Morpho’s linkedin street cred is reaching ATH.
Update: I you need to passively earn on your USD that would be on $USDA @MorphoLabs. Single sided (lending) + Risk managed by @gauntlet_xyz + LST/LRTs borrowers Below: order by net APY.
1/ @Re7Capital has launched a new USDA MetaMorpho Vault 💵 The vault is uniquely curated to generate yield by allocating USDA across various high-yielding markets that support collateral assets from @RenzoProtocol, @LidoFinance, @KelpDAO, and soon @pendle_fi.
🤯 Anyone to arb this? @AngleProtocol is seeding liquidity into its vault but it's not eligible to any of the rewards (why cannibalize rewards from other protocol users), hence the large APY compared to the already large (>$3m) liquidity
Infinite APY opportunity on @Gauntlet vault managing @AngleProtocol's USDA asset partially backed by @SteakhouseFi USDC vault. There's a lot to unpack here I know.
Did you know on @MorphoLabs borrowing USDC against wstETH is below 5%? And there is $15M of liquidity. Only 2.3% borrow rate for PYUSD. Is is time to refinance? app.morpho.org/market?id=0xb3…
@lemiscate DAI just increase by 4x the total amount of GHO. DAI is at peg, GHO isn't. Ethena Morpho market is yielding 20%. "Wtf are you talking about? You never managed a stablecoin in your life" 😉