InsideTheSim 🎩🍪
@insidethesim.eth
NEW 100,000,000 $L Airdrop thread! RULES: ✅Like this cast ✅Recast this cast ✅Reply below with your *funniest* $L In ~48 hours from the cast post date (Tuesday around 10:30 EST) everyone who has done the above and received a "like" on their reply from me will qualify for a share of the drop. --- $L is a pressure release valve. There's something cathartic about sharing your losses with the world. With our online personas we tend to be performative and part of the act is only broadcasting our wins. Being honest and sharing your losses is healthy for you and beneficial to others, arguably more so than hearing about your wins. Take the $L, share it, learn from it, teach others. Grow. 🌱 This earlier competition resulted in a great "confession thread". Read the quote-casts on it and enjoy! PREVIOUS AIRDROP THREAD farcaster.xyz/insidethesim... We're running it back, but with a twist. This time share your most humorous $L to win. Take the $L CA: 0xe6fab54FbDcFc99703bbF8dddc353cd5438e5b07
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PhiMarHal
@phimarhal
Funniest? You decide. A couple weeks ago, I moved a sizeable amount of ETH the other day out of a DeFi position. You know where the price was then. The goal was to derisk. I wanted to have the collateral ready in case we dropped further and I needed to cover other leveraged positions. But, liquid ETH that doesn't yearn yield burns my pockets. It's not even rational. It's instinctive. I have one protocol in mind for low risk lending. Euler, on Base. I go to their website. Click through the steps. Then I notice they only take wETH, not ETH. Yes, I could have swapped myself. But I was thinking in general about easy UX improvements you can make to protect your users. I write a Twitter thread about it. Euler developers even thank me about it, good sports that they are. Meanwhile, I throw my ETH in Impermax. It's a small protocol, but I trust the devs there. Back in 2021, they've shown an approach to security beyond many others. I trust them almost blindly by now.
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PhiMarHal
@phimarhal
A week after my deposit, Impermax gets exploited. All my money, gone. All because the swap to wETH on Euler made me hesitate - then write a thread - then decide, philosophically, to reward the better Impermax UI. Not feeling so philosophical anymore. Then I get a ping on Twitter. It's the Euler devs. They implemented handling native ETH. Too bad my own ETH is gone by now. 🥲
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PhiMarHal
@phimarhal
(happyish resolution: Impermax devs managed to recover two thirds of the funds, so all lenders will get some of their deposits back in a couple weeks.)
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InsideTheSim 🎩🍪
@insidethesim.eth
Ouch. Funny, but in a tragic comedy sort of way. $L
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