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Your Favorite L1 Was Overpriced | Roundup

Bell Curve

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C5 Centralized Finance Is a Black Box

The ability to have transparency and decentralization that's where you have a competitively advantage position relative to the centralized black box providers. The thing that we've been saying for the last six months is that C5 centralized finance ultimately can run away with the value. You would have been able to figure out the insolvency or the ill liquidity way sooner because it's all on chain. So if you have any situation here I think the other big lesson here from pool delegate perspective when you're making credit worthy decisions don't put over 40% of the pool into a single centralized entity. Like that's just not smart.

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