If Morpho delists curators from their UI, does it mean that the existing curators are endorsed and "curated" by the Morpho team? Just trying to understand: is it a permissionless infra anyone can create a vault on, or is it a vetted list of safe curators by Morpho?

In 2024, we built stETH redemption protocol. This allowed us to collateralise illiquid stETH positions and solve eth staking illiquidity. Soon, this tech will drive the only scalable, verticalised RWA offering. 1 click margin and instant redemption of RWA’s, with 0 liquidity fragmentation.

Vault curation is a meme because there is no curation - there is only capital allocation and deallocation. Every curator simply allocates capital to all the same markets so these markets stay somewhat liquid. No curator does the risk management, because there are no tools on Morpho to do any of it. Wrong oracle? - bad luck, buddy, can't do anything cause the market is immutable and unpausable. Best thing the curator can do is deallocate first and leave the slower curator with a bad debt - these are all the tools available for risk management. No advanced tools to set velocity-based limits, advanced oracles, unique interest rate curves, automated ceilings or market pauses, and many other things without which no proper lending market can exist nowadays are available to curators. Risk in capital markets is not stale. What works today and has low risk does not necessarily work tomorrow. Imagine you are using a bank that lends your money with no risk controls in place - would you want to be a client of this bank? So whenever I hear people say that some institutions will use Morpho as an onchain credit layer, well, I think people are misled in their understanding of lending markets, or these institutions will be at a huge disadvantage.

@cryptographicas One of the main issues is that curators are helpless in these situations and they don’t curate anything. Markets are immutable and there is no way to make immediate changes to save the users. Just watch and observe how everything collapses - this is the fundamental problem

$500M alone came into the Bitwise market on @JupiterExchange But this is just the tip of the iceberg - Bitwise will become the biggest curator onchain, probably as early as the end of the year 🌊

Institutions, builders and digital asset leaders came together in Singapore for Re-DeFining Finance, hosted by Fluid and @agi3official. A room focused on the conversations shaping the next phase of finance. Mastercard, @FTDA_US, @GSR_io, @ethereuminsti, @JupiterExchange, @BitGo, @FireblocksHQ and more joined us.

Yesterday marked a major first for Smart Vaults: USDC/USDT became the first pool to reach 8 figures in daily trading volume. In these vaults, your positions earn trading fees by doubling as Dex liquidity. So the more volume that flows through the pool, the more fees generated

Second panel: 17:00 to 17:30 Why $30 Billion in Tokenized Assets Can't Mobilize: Custody, Control and Counterparty Risk Re-Defining Finance with @0xfluid Moderator: Beeshal Rizal @beeshal, CSO, Fluid Protocol @0xfluid Speakers: Kunaal Patel, Head of Institutional BD, Asia & MENA, of Ondo Finance @Ondo Chetan Karkhanis, Senior VP, Franklin Templeton Ivan Chan, Senior Director, Head of Greater China, BitGo @BitGo Ethan Tan, Head of Corporate Development, Pinetree Securities Join us live on 20 August at 17:00 SG

AMMs will win, but there is a long road ahead of us. Some general thoughts on the article and AMMs in general: First of all, I view AMMs more as an options selling venues. Mark outs, lvr and other stuff is bs - all that really matters is that the realized volatility was higher than the IL you accrued, or in simple terms - lping vs hodl shall be profitable to justify providing liquidity on AMMs. Someone is just selling naked options (lping without hedging), someone is hedging on perps, on lending markets, via options, etc (most serious lp goes hedge from my experience). Ultimately, providing concentrated liquidity is a trading strategy. Secondly, the assets are correlated until they are not. How do you know it in advance (unless it is just usdc-usdt pool)? The comparison with ETF does not really work imo - ETFs sell the losers and buy the winners - LPing on AMMs does exactly the opposite. AMMs in their current form are not the place for active market making from the traditional pov (neither are the blockchains). It is the best and the worst thing about AMMs. AMMs allow everyone to become the market maker, earn (well, or lose), but passive lping can not compete with active market making as we have seen on the example of propamms on Solana. But there are a lot of expatriations and innovations going on to make AMM lping attractive for active trading firms. Composability - this is the ultimate killer feature of Defi and AMMs. Use your LP as collateral to hedge, to borrow, to leverage, to collateralize, etc. @0xfluid Smart Collateral has shown how powerful and capital efficient these features can be - with a fraction of TVL we can bootstrap hundreds of millions in liquidity - no traditional mm can compete with that, and stablecoin volumes are now fully dominated by AMMs. And the best part - MMs hate AMMs - we are on the right track.

Everything you want to know about Jupiter Lend v2, answered live. Join us on Thursday at 4 PM UTC for a Spaces with @beeshal from the Fluid Team Bring all your questions and set a reminder below 👇

FYI, not just the bet on Dubai RWA institutional wave but all of tradFi and banking. I spent last 10 days in Swiss meetings the biggest private banks here with Kinetic and AGI3. Going to Singapore tomorrow to do the same. Fluid’s institutional wave will be massive and probably biggest that DeFi has ever seen.

We’re heading to Singapore 🇸🇬 Together with @agi3official, we’re bringing institutions and the biggest digital asset companies together at one of Singapore’s most iconic venues. See you on August 20th.

Your liquidity already earns yield. Now it can earn trading fees too. Introducing Jupiter Lend v2 Smart Vaults turn your loans into active DEX liquidity, unlocking new revenue to boost your collateral yield while pushing down your borrow cost. Earn more, Pay Less, and Put your whole position to work. Welcome to the next era of onchain lending 👇

Fluid DEX is the best venue for stablecoin trading - now available on @solana - and I am so excited about this! Solana DEX landscape is very mature and dominated by propAMMs, but propAMMs are not very efficient for stablecoins because mms have very low margins there - this is where Fluid DEX shines the most - extreme capital efficiency. For comparison, Solana has almost 2x DEX volume compared to Ethereum, while USDT-USDC volumes are 50% higher on Ethereum than on Solana, but let’s revisit these values in a month or so. Stay Fluid 🌊 on @JupiterExchange