Following the IMF May 6 DIA oracle incident, the IMF team and ecosystem contributors have established MemeFi United, a coordinated recovery initiative focused on supporting affected IMF-linked users and restoring bad debt coverage.
We have already made meaningful progress toward remediation and recovery efforts, with ...
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UPDATE - DIA Oracle Incident
Following internal review and legal analysis, the IMF ecosystem’s direct exposure from the oracle incident is currently estimated at approximately ~$450K, made up of:
~$417K of borrower collateral liquidated across IMF-serviced markets, and
~$33.3K of IMF-USDS vault bad debt
The IMF depl...
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i keep coming back to the idea that one of the biggest problems of the AI era might simply be reality itself.
for most of internet history, the problem was information scarcity.
how do we publish more things?
how do we connect more people?
how do we increase access to knowledge?
now the problem is rapidly becoming:
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just 12 of the 1,441 grayscales among a total of 10,667 ethereans claimed so far at etherean.ai
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