The DeFi Interface of Arbitrum
Decentralized finance (DeFi) has been one of the fastest-growing segments in the cryptocurrency industry, and for a good reason. It offers unique advantages that traditional financial systems can't match, such as global reach, transparency, and permissionless access. However, as DeFi continues to evolve, it also becomes increasingly complex, with new protocols, platforms, and tokens popping up almost daily. With Risedle, users can interact with various tokens and applications in a unifie...
The DeFi Interface of Arbitrum
Decentralized finance (DeFi) has been one of the fastest-growing segments in the cryptocurrency industry, and for a good reason. It offers unique advantages that traditional financial systems can't match, such as global reach, transparency, and permissionless access. However, as DeFi continues to evolve, it also becomes increasingly complex, with new protocols, platforms, and tokens popping up almost daily. With Risedle, users can interact with various tokens and applications in a unifie...
Profanity Address Exploit on Binance Smart Chain
Around 30 days ago, we experienced exploit that caused by profanity attack as discovered by 1inch in this article: A vulnerability disclosed in Profanity, an Ethereum vanity address tool. Similar cases:Dappnode $165k exploit, private key generated using fork of ProfanityRubic $200k exploit, admin private key compromisedWe had anticipated the potential exploit before by moving on some of the internal wallet and deployer however unfortunately we missed 2 wallets that was being used as initial m...
Profanity Address Exploit on Binance Smart Chain
Around 30 days ago, we experienced exploit that caused by profanity attack as discovered by 1inch in this article: A vulnerability disclosed in Profanity, an Ethereum vanity address tool. Similar cases:Dappnode $165k exploit, private key generated using fork of ProfanityRubic $200k exploit, admin private key compromisedWe had anticipated the potential exploit before by moving on some of the internal wallet and deployer however unfortunately we missed 2 wallets that was being used as initial m...
Supercharged Web3 Trading Experience
You may notice that the current DeFi ecosystem is developed in silo, where every protocol compete to get the highest liquidity or usage by using token incentives. This competition created a misaligned incentives model that leaves a lot of token to go into death spiral, bleed to dry and race to zero fees.It’s all never-ending death spiralComposability has been discussed endlessly but yet we only see small number of projects that focused on this area. Everyone is trying to become the new primit...
Supercharged Web3 Trading Experience
You may notice that the current DeFi ecosystem is developed in silo, where every protocol compete to get the highest liquidity or usage by using token incentives. This competition created a misaligned incentives model that leaves a lot of token to go into death spiral, bleed to dry and race to zero fees.It’s all never-ending death spiralComposability has been discussed endlessly but yet we only see small number of projects that focused on this area. Everyone is trying to become the new primit...
The Future of Risedle
We are sad and disappointed. We have spent the last 6 months basically trying to build on top of Rari Fuse and have pictured the future where the Rari Fuse can become the base layer of the permissionless leverage platform. With the dissolution of TribeDAO, this future will become much harder to attain. It took us a bit of time to recuperate and decide where the future of Risedle going to be. Couple of lessons that we learn coming out of this.Nothing Last ForeverTechnology adoption life cycleC...
The Future of Risedle
We are sad and disappointed. We have spent the last 6 months basically trying to build on top of Rari Fuse and have pictured the future where the Rari Fuse can become the base layer of the permissionless leverage platform. With the dissolution of TribeDAO, this future will become much harder to attain. It took us a bit of time to recuperate and decide where the future of Risedle going to be. Couple of lessons that we learn coming out of this.Nothing Last ForeverTechnology adoption life cycleC...
CAKERISE & CAKEDROP are live on Risedle
Today, we launched CAKERISE and CAKEDROP, the first leveraged tokens built on top of Fuse that is maintained by Midas Capital on BNB Smart Chain. CAKERISE and CAKEDROP are derivatives products with no margin or liquidation risks. It provides you with leveraged long and short exposure to the CAKE token, which may amplify profitability and potential losses:If CAKE price goes up 5% 🟢, then:CAKERISE price will up 10% 🟢CAKEDROP price will down 10% 🔴If CAKE price goes down 5% 🔴, then:CAKERISE p...
CAKERISE & CAKEDROP are live on Risedle
Today, we launched CAKERISE and CAKEDROP, the first leveraged tokens built on top of Fuse that is maintained by Midas Capital on BNB Smart Chain. CAKERISE and CAKEDROP are derivatives products with no margin or liquidation risks. It provides you with leveraged long and short exposure to the CAKE token, which may amplify profitability and potential losses:If CAKE price goes up 5% 🟢, then:CAKERISE price will up 10% 🟢CAKEDROP price will down 10% 🔴If CAKE price goes down 5% 🔴, then:CAKERISE p...
