USD perps collateral earns 6.07% on @Backpack. | armaniferrante on Binance Square

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USD perps collateral earns 6.07% on @Backpack.

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-0.02%

15

0

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People dunk on Ethereum project management but the rollup stages, the social expectations around them, and the collective priority to decentralize is really impressive. Would be good to see it applied to other things like upgrade authorities in DeFi, proof of reserves in CEXs, and other single points of failure.

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People dunk on Ethereum project management but the rollup stages, the social expectations around them, and the collective priority to decentralize is really impressive. Would be good to see it applied to other things like upgrade authorities in DeFi, proof of reserves in CEXs, and other single points of failure.

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What centralized exchange has the best proof of reserves?

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Would you pay a monthly subscription fee to an external party (e.g. a respected auditor) to fully validate the ledger of a centralized exchange?

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Rule number one of crypto: don't threaten people's bags.

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