My thoughts on the Kamino fake liquidations data scandal. There are two possible explanations:
1. Kamino team truly did not understand what liquidation means. The way liquidations are treated is literally the *most* important risk parameter in a lending protocol. If they don't understand this core tenant of lending markets, what else don't they understand? Are they competent enough to trust with your deposits?
Not understanding what liquidation means is completely unforgivable for a lending protocol, so maybe there is an alternative explanation:
2. The alternative to incompetence is that the Kamino team was actively misrepresenting a core part of their protocol in order to mislead users and attract deposits.
Which is worse?

My thoughts on the Jupiter collateral scandal. There are two possible explanations:
1. Jupiter team truly did not understand what isolated collateral means. The way collateral is treated is literally the *most* important risk parameter in a lending protocol. If they don't

Tushar Jain

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關於Kamino虛假清算數據醜聞，我的看法是：有兩種可能的解釋：

1. Kamino團隊確實不理解清算的含義。清算的處理方式是借貸協議中最重要的風險參數。如果他們連借貸市場的核心原則都不懂，那他們還有什麼不懂的？他們有能力管理你的存款嗎？

對於一個借貸協議來說，不理解清算的含義是完全不可原諒的，所以或許還有另一種解釋：

2. 除了能力不足之外，Kamino團隊還故意歪曲協議的核心部分，以誤導用戶並吸引存款。

哪種情況更糟糕？

訪談圍繞比特幣與早期挖礦、加密託管、穩定幣、創新投資模式，以及「自建 vs 收購」等關鍵議題展開。
文章作者：嗶嗶 News
文章來源：TechFlow
鏈接：https://www.techflowpost.com/article/detail_29488.html
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