Fellow European here. Unfortunately, it's not about size, it's about trajectory. On that front we're clearly stagnating...
data.worldbank.org/indicator…
During the 2020 Covid Crash, MakerDAO incurred $8M of bad debt, and all of DeFi went crazy.
Today, $20B+ got liquidated across crypto but DeFi functions perfectly.
Carry on folks, carry on.
TVL is just one metric.
From a BD perspective we @NexusMutual primarily care about selling more covers and generating premium. And in those areas we've been steadily growing again both in ETH and USD terms.
Maybe next time contact us before you announce and mention in the announcement itself that it's a fork of our protocol, rather than having it in the docs. This is years of hard work. Credit where credit's due.
"duh"
There are multiple ways to read the Donald's truth social post:
1. Crypto Reserve = SOL + XRP + ADA
2. Crypto Reserve = BTC + SOL + XRP + ADA
3. Crypto Reserve = BTC + ETH + SOL + XRP + ADA
The case for 2 and 3 is that BTC and/or ETH are so obvious that it's not worth mentioning.
Why "only" mention SOL/XRP/ADA then? Bc the advisors and insiders front ran the sh*t out of this announcement.
There are multiple ways to read the Donald's truth social post:
1. Crypto Reserve = SOL + XRP + ADA
2. Crypto Reserve = BTC + SOL + XRP + ADA
3. Crypto Reserve = BTC + ETH + SOL + XRP + ADA
The case for 2 and 3 is that BTC and/or ETH are so obvious that it's not worth mentioning.
Why "only" mention SOL/XRP/ADA then? Bc the advisors and insiders front ran the sh*t out of this announcement.