Wondering how you can make #Cardano better? Staying engaged and voting with your delegation is a huge first step!

If there is one thing we should have learned from catalyst, it's that decentralized funding doesn't work very well. We need a cohesive vision, and IO is the only one who can bring that to the table at the moment

This absolutely must get funded! Without it, the DeFi Kernel’s credit market won’t launch! #Cardano #DeFi

1/5 Pogun’s treasury proposal is now live on the Cardano governance ballot! We're requesting $2.95M (₳12.29M) to build the definitive home of Bitcoin DeFi on Cardano: a credit market, a yield platform, and a Bitcoin bridge delivered by the end of 2026. pogun.io/treasury-proposal

Look guys, it's actually really straightforward, a bunch of people staked their ETH on the Ethereum blockchain to earn yield, except they didn't want their capital to be locked up, so they actually staked with a liquid staking protocol called Lido who provided them a liquid staking receipt token called stETH, except they decided to juice their yield further by depositing their stETH receipt tokens into a restaking protocol called Eigenlayer, except they didn't want to lock up their capital, so they actually restaked with a liquid restaking protocol called KelpDAO who provided them with a liquid restaking receipt token called rsETH, except they decided to juice their yield further by depositing their rsETH tokens into a lending protocol called Aave so that they could open a leveraged looping position that borrows ETH against the rsETH collateral and restakes the ETH into rsETH which is then deposited as collateral, except it turns out rsETH used a cross-chain bridge called LayerZero that was hacked by north koreans causing rsETH to become undercollateralized and now these looping positions are stuck and unprofitable, and everyone is pointing fingers at each other, and also DeFi is a very serious industry

An update on our engagement with @Mastercard. While Cardano was not included in the initial cohort of 85 launch partners, @emurgo_io has been actively engaging with their APAC team to change that and ensure our ecosystem is represented. Following a leadership transition at Mastercard APAC —where our primary contact moved to EY — we have successfully connected with his successors. They were excited to speak with us and I am pleased to share we are now in the Qualification Stage for the Global Crypto Partner Program. With the continued support of the Cardano community, I am confident in a positive outcome. This important: Please like and share to show @Mastercard the strength of our ecosystem. Mastercard is a global firm.. we need to show them that our inclusion into their Partner Program will make a difference to them. Surely this is an initiative the entire Cardano ecosystem can support! #cardano86 Let's go!!! #cardano #mastercard @Cardano_CF @Cardano @IOGroup @midnightfdn

@CypherDevShop (@ILikeCardano) finished the audit of the DeFi Kernel's order book and credit market 🎉 No security issues found 👀 Ideally a 2nd audit firm will confirm this result, but this is a great start! #DeFi #Cardano #CardanoDeFiKernel github.com/cypher-enterprise…

Somewhat hopeful for SLV's to be a capital efficient option for liquidity deployment, but the UX needs to be good enough to bring users in

Though it wasn't funded, this proposal started out with the goal of improving Djed, and I believe the core ideas could be used by the Djed team catalystexplorer.com/en/prop…

Brief Thoughts on Djed x.com/i/broadcasts/1gqxvrMRd…

I haven't published anything in a while, but here is a new blog post explaining why I deliberately chose to use On-Chain Intents for the DeFi Kernel 👇 #Cardano #DeFi #CardanoDeFiKernel github.com/fallen-icarus/med…