Wrote up what an ideal vault looks like from our credit perspective @sprinter_ux. Including why circuit breakers need to be user-class-aware and how ring-fencing prevents contagion acrossvaults. Complements your custody framing from the credit angle: x.com/nad_roid/status/20368130...

Veda
@veda_labs
03-24
The way our industry safeguards digital assets is about to change. Today, we submitted a letter to the SEC and CFTC proposing that vaults that adhere to specific criteria be designated as qualified custodians. Properly designed vaults: - Never expose client assets to
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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