DAI supply back up over 5b. A 13% increase MoM.

sDAI proving to be the best combination of liquidity and yield this cycle.

With 25% on-demand access to USDC it should be a part of every treasury.

.Maker is making 66% APY on 100 million DAI (2% of current total DAI supply), building a huge pile of cash for Endgame and MKR buybacks, gonna deploy 500 million more (10% of DAI supply), and you're still in the wrong side of history?

The key to understand the Maker / Morpho Labs 🦋 / Ethena Labs deal is to understand the fixed price oracle and its implications.
Here is the guide 'Money view of the MakerDAO/Morpho/Ethena drama' => cryptobanking.network/money-view-of-…

Look, MKR is just going to keep winning and generating outsize profits. The cope and misinformation will also continue to flow. It is what it is

IMO, the risk of Ethena is greatly overexaggerated.

It's not a widowmaker trade like gbtc/btc (let alone luna/terra). it's a very common and relatively low risk trade many firms employ. even more so if you can use a primer broker like copper/fireblocks. pretending otherwise is…

The risk of the crypto perp basis trade is massively misunderstood and mispriced

I think the number one reason for this is the mistaken belief that the crypto collateralizing the trade has to be held on centralized exchanges

But it doesn’t, the collateral is held with…

“Maker is now a hedge fund” is the most mid take ever.

Almost like none of you know what a bank is or what Maker’s purpose is in the first place.

Study Kirk.