I'm seeing a lot of confusion on the timeline about the Jupiter and Kamino spat over "isolated vaults"... Jupiter's definition of "isolated" seems to be that each Jupiter Lend vault can be configured with its own parameters for liquidation thresholds, LTVs, asset limits, etc. Kamino's co-founder has countered that Jupiter's vaults still rehypothecate (reuse) deposited assets, and thus, there's some level of cross-protocol risk if one asset blows up. Ergo, vaults are not fully isolated. Kamino also blocked a tool that would let its users migrate to Jupiter Lend earlier this week. A Jupiter exec said today that some of its tweets were misleading and so they deleted them, and promised a better explanation soon. An insider told The Block: "It’s very unacceptable to claim and market isolated vaults when in fact assets are being rehypothecated. That’s a very serious violation of trust." Full @TheBlock__ story: https://t.co/LEEn2OPxmp
Top DEXs Aerodrome, Velodrome hit with front-end compromise, urge users to avoid main domains https://t.co/RA7St5POMO