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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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