Bible Network Crypto DeFi Onchain RWA AI Agent Stablecoin CryptoTax DeFAI Chain SAFU AGI Claude Me Claude Skill Claude Design Claude Cowork
Independent Media
Not affiliated with any project
DeFi Protocol Mechanics, Decoded
defi-bible.com
LATEST
Stablecoin Supply Just Shed $15 Billion in Three Months, the Biggest Drop Since Terra — But It's Not a Depeg  ·  You Don't Even Need to Own Bitcoin to Bet on It: What a Perpetual DEX Is Actually Trading With You  ·  When Your Position Gets Liquidated, It's Not Just "Sold": Dissecting Dutch Auctions vs. Fixed-Discount Liquidation  ·  No Code Was Broken: How a Governance Exploit Drained $8.5M From Term Labs' Vaults Despite a Seven-Day Timelock  ·  The Same ETH, Used Twice: What Restaking Actually Re-Stakes, and Where the Risk Stacks Up  ·  What Are You Actually Mining in Liquidity Mining? A Guide for People Who've Never Touched DeFi

Victor Lam

Writes about governance, protocol upgrades, and the political economy of decentralized systems.

Articles

news

No Code Was Broken: How a Governance Exploit Drained $8.5M From Term Labs' Vaults Despite a Seven-Day Timelock

August 31, 2026
news

Ethereum Proposal Would Burn Staking Yield to Zero — Aave and ether.fi Founders Push Back: What EIP-8363 Actually Does

August 28, 2026