"You have X years to escape the permanent underclass." The Permanent Underclass is a concept plaguing the minds of all retail, operators, builders that exist in the AI-osphere. It is so sharp as a

Aave Labs just asked the DAO for $50 million. In exchange, they promise to give back revenue that arguably already belongs to the protocol. @Marczeller is calling it a slow-motion coup. Aave Labs calls it alignment. The truth sits somewhere between corpora…

This is even incredibly dumb to do in war time. Imagine instead of stocks you owned egg laying chickens. The value of the chickens went up and now you have to sell your chickens to cover the unrealized gains. After selling the chickens you now have fewer …