DeFi
POST ALL YOUR LINKS, COMMENTS, AND QUESTIONS PERTAINING TO DEFI IN HERE.
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POST ALL YOUR LINKS, COMMENTS, AND QUESTIONS PERTAINING TO DEFI IN HERE.
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The SEC has lost the plot, going after international businesses because they don't follow US law. How's that that make sense?
Terra is now suing the SEC lmao
God complex much? This is going to be interesting. I wonder what would happen if I started a project like Terra here in Australia which would be 100% legal and I could probably put in for government funding.
Would I expect a BS letter from the SEC too? Wtf are US politicians doing other than sleeping at the wheel?
https://www.coindesk.com/business/2021/10/23/terras-do-kwon-was-served-by-sec-new-lawsuit-shows/
Expect this to continue with cryptocurrency projects. The arm of the SEC, in their mind, knows no limit. This is where we need true decentralization.
It is also why one should be optimistic on Hive.
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I'm literally in the process of figuring out how to launch something. Crypto is legal here so long as it's not a rip off
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Ripping anyone off*
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Synthetic stocks were always going to be an issue and that is why I mentioned it in one of your previous terra posts. They will fight anything that involves the stock market.
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Terra is suing the SEC? Good for Terra! Usually it's the SEC suing everyone else and their crazy three-legged pets.
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ADAYield a new lending platform to lend, hold and LP your assets. Looks new so DYOR.
https://adayield.net/
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Is this a threat, or merely an observation?
DeFi needs to figure out protections, true. The question then becomes this: Who should help DeFi develop those protections?
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