Building the Risk Layer for On-Chain Finance @mywebacy Prev: @Cointelegraph, @Lavaragexyz, @infineogroup
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Joined March 2022
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I did a deep dive into the sixteen largest Morpho vaults using Webacy's API. I put together an article looking at where the yield comes from, how much the vaults overlap, and the context behind some of the large holders.
It’s meant to be educational about vaults on Morpho, with no recommendation for or against investing in these products. It’s also a chance to share the work we do at Webacy.
We built this product so anyone can dig into blockchain data and do more thorough onchain due diligence. You can explore the data for free at DD.xyz.
If you like the article and would like free access to our API to dig in yourself, please reach out.
noahpollack.substack.com/p/w…
Noah | Webacy | DD.xyz retweeted
One year of building @ReahPlatform from the ground up.
500+ businesses and $600M+ in transactions later, we're still just getting started. Huge thanks to our customers and partners who trusted us and helped shape what Reah is today.
More to come!
One year ago today, we started building @ReahPlatform.
Since then we’ve gone from an idea to $600M+ in transactions processed for 500+ businesses worldwide - one platform to manage banking, treasury, digital assets, payments and cards.
Really proud of this team. On to year 2!
Noah | Webacy | DD.xyz retweeted
Buccaneers beat Atlanta 16-0 without completing a pass.
They are the first NFL team since the 1974 Buffalo Bills to win a game without completing a pass.
Alright what type of psyop is going on here.
Who at @Kalshi is responsible for this.
Noah | Webacy | DD.xyz retweeted
In the 3 highest-rate Morpho vaults, rewards made up 38% to 57% of the displayed rate.
Strip them out and those vaults rank 9th, 13th and 14th of the top 16.
The rewards came from one-week campaigns.
We traced where $4.34B in vault yield actually comes from 👇
At some point in 2017, the City of Philadelphia made a deal with the devil. We sacrificed the Sixers young core and the process more broadly to allow the Eagles to have the greatest decade in franchise history.
Unfortunately for Jalen Hurts, I think we’ve now repaid the blood oath and the Sixers are destined to win their first chip in almost 50 years.
Noah | Webacy | DD.xyz retweeted
Two vaults can have the same headline APY and present completely different risk.
We analyzed the 16 largest Morpho vaults (about $4.34B) using Webacy's vault risk data:
> 7 vaults send $1.45B into one cbBTC/USDC market
> The top 3 vaults get 38 to 57% of their rate from rewards
> 4 vaults have 98% or more of their shares at a single address
Noah | Webacy | DD.xyz retweeted
Two weeks ago I pointed out the Eagles did not attempt a straight drop back pass from under center. Defenses know any time the Eagles are under center they are either running or running PA. This allows the defense to blitz without fear of getting beat by a quick pass.
3 weeks later the Eagles still have not attempted a straight drop back from under center. The Panthers have (predictably) blitzed every time the Eagles are under center. How has the coaching staff not figured this tell out yet and adjusted?
Noah | Webacy | DD.xyz retweeted
So to recap, the Eagles may be without their starting LG, C, RT, RB, WR1 and WR2 in London. And they will also likely be missing their backup C, backup RB, and WR4 as well.
Dontayvion Wicks was added to the #Eagles injury report with a hamstring injury. He was limited at practice, which suggests it happened today.
Noah | Webacy | DD.xyz retweeted
No Saquon Barkley
No AJ Brown
No DeVonta Smith
No Dallas Goedert
No Lane Johnson
No Landon Dickerson
No Cam Jurgens
No Fred Johnson
No Tank Bigsby
No Hollywood Brown
And the dumbest person you know is taking victory laps around Jalen Hurts’ struggles…
Noah | Webacy | DD.xyz retweeted
It is extremely rare to come across a player like @LaneJohnson65. Extremely rare
In the spring of 2013, I found myself on a field in East Texas working out a young Lane Johnson. I believe he was 22 years old
All these years later, to say I am proud of the career you built and the man you became would be an understatement. A Hall of Fame career. It’s been a privilege and honor to have coached you.
I am so proud of you, Lane
Noah | Webacy | DD.xyz retweeted
The Eagles' Week 1 starters on offense:
- Jalen Hurts
- Saquon Barkley (Hamstring injury)
- DeVonta Smith (Hamstring injury)
- Dontayvion Wicks
- Makai Lemon
- Dallas Goedert (Sprained MCL)
- Jordan Mailata
- Cam Jurgens (Concussion Protocol)
- Tyler Steen
- Landon Dickerson (IR)
- Lane Johnson (Retired)
That's over half of the offense that is currently hurt/retired 😳
