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Bonk Eco continues to show strength amid $USELESS rally
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Boop.Fun leading the way with a new launchpad on Solana.
Happening now. They’re starting with my question of what a default looks like.
“A haircut on holders of USDS or DAI.”
But… this feels like it’s not a credit event? Would a credit default swap on sovereign bonds recognize a devaluation as a credit event? Anyone know?

20 tuntia sitten
Reminder that S&P today will be walking through how they gave Maker/Sky such an embarrassing B- credit rating. I encourage others to ask questions as well if allowed, bc this was a terrible rating. Either they see something I don’t or Sky should contest this rating

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