THE BIGGEST DEFI EXPLOITS & PRICE ORACLES

Another $2 million DeFi exploit on mirror protocol was exposed today. DeFi seems to be collapsing and outflows are reaching all-time highs. What's going on? An explanation of price oracles and failures👇
Proprietary Research & Analysis. Deep-dives into DeFi, GameFi, NFTs, and DAOs. Market analysis & insights from futures and options markets.
Another $2 million DeFi exploit on mirror protocol was exposed today. DeFi seems to be collapsing and outflows are reaching all-time highs. What's going on? An explanation of price oracles and failures👇
As of April 26, 2022, over 19,000 dApps had been built on Polygon, up from only 3,000 in November 2021. Moreover, these dApps are not simply a port-over from Ethereum, and Alchemy data shows that 65% of the teams integrated exclusively on Polygon, compared to 35% deployed on Ethereum.
Alethea and Altered State Machine (AST) are at the vanguard of the NFT revolution that aims to tokenize artificial intelligence ownership through a “train-to-earn” model that will reward numerosity rather than scarcity.
A smart-contract-based borrowing and lending model has the ability to dynamically adjust risk in response to market conditions without the inherent delay that current monetary policy is predicated on.