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Latest DeFi yield vault drama wipes out $69M of msUSD and AVLT market cap / I started my Twitter/X journey in 2022. Never in a million years would I have expect

A fast-moving Web3 discussion is forming around Latest DeFi yield vault drama wipes out $69M of msUSD and AVLT market cap / I started my Twitter/X journey in 2022. Never in a million years would I have expect.

Heat
68
Confidence
70%
Evidence
8
Updated

Why It Happened

Multiple social or news items are discussing the same topic in a short time window.

Actors

Manifold FinanceMiddleware for DeFi scaling and revenue generation

Manifold Finance provides solutions encompassing the middleware market for decentralized finance applications and protocols for both scaling and usability purposes. Part of our mission is helping scale the Ethereum ecosystem, which is where the idea of ‘middleware strategies’ comes into play. Our solutions can be thought of as an ‘APY strategy’ that you might find with something like Yearn Finance, except instead of providing capital (e.g. through depositing into a strategy with Yearn), we create applications that provide services that generate revenue (a prime example being YCabal).

MAMaster of CryptoProject
WIWise AdviceProject
AIXBTAI-powered crypto market intelligence platform

AIXBT is an AI agent and driven crypto market intelligence platform designed to provide token holders with a strategic edge in the rapidly evolving crypto space. Leveraging advanced narrative detection and alpha-focused analysis, AIXBT automates the process of tracking and interpreting market trends, helping users gain actionable insights. This project emphasizes integrating various data sources and platforms for comprehensive analysis and decision-making.

Star XuFounder · OKX

Star Xu is the founder of OKX and established OKX in . In , Xu graduated from Beijing University of Science and Technology with a Bachelor's degree in Applied Physics and a Master's degree in Mathematics from Renmin University of China. He dropped out of graduate school to start the group buying website Wantuan.com, and then joined Yahoo China. From to , Xu Mingxing started his own business again, founding Douding.com, a document sharing service website, and served as the Chief Technology Officer.

Timeline order

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Parent event 01

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