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The Pledge

The Pledge

The Carry Question: What Stablecoin Proceeds Need to Earn

What the yield section of the calculator can show — and what it cannot. By the time they sign with us, most borrowers have spent weeks thinking about collateral, LTV, and...
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Collateral Damage / The Pledge

Did You Think You Were Safe? DeFi Lending Exposed.

Three Weeks of Social Engineering, Twelve Minutes to Drain.
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Short Squeeze
Collateral Damage / The Pledge

The Squeeze Trap: Bitcoin’s Coiled Spring Has Two Ends

Perpetual futures funding rates have run negative for 46 consecutive days — the longest such streak since the wreckage that followed FTX's collapse in late 2022.
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Recent Posts

  • The Carry Question: What Stablecoin Proceeds Need to Earn
  • Did You Think You Were Safe? DeFi Lending Exposed.
  • The Squeeze Trap: Bitcoin’s Coiled Spring Has Two Ends
  • Borrowed Confidence: Restored Appetite for Leverage Is Threatening Bitcoin
  • The Perils of the Glass House

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  • Stress Test
  • The Pledge

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