I generally love onchain times but you have done your readers a major disservice by describing Risk Harbor as a "Risk management marketplace for Defi". How do you forget "built on Terra Luna using UST as collateral that was accused of removing millions of user funds through a back door?" By choosing the word "DeFi" over "Terra Luna" it seems like a deliberate choice to obfuscate. I am using Karak but I think it is a really poor choice to underplay the risks and the past of the project (which is a major reason it is under farmed)
The purpose of this post was to explore the technical/underlying design of Karak and not dive into the founders past projects. While we do acknowledge what happened with risk habour, a lot of of information, both true and false, have been spreading on Twitter. Readers are free to go do additional research on this subject and decide for themselves what the truth is. Also, $1 billion in TVL is not under farmed in my book.
Thor, the point of my comment is that you literally did not acknowledge what happened. The article danced around mentioning Luna and went for the overly generic "DeFi". YOu didn't advise new readers that there was any controversy or additional risk at all.
Good research. Thanks.
I generally love onchain times but you have done your readers a major disservice by describing Risk Harbor as a "Risk management marketplace for Defi". How do you forget "built on Terra Luna using UST as collateral that was accused of removing millions of user funds through a back door?" By choosing the word "DeFi" over "Terra Luna" it seems like a deliberate choice to obfuscate. I am using Karak but I think it is a really poor choice to underplay the risks and the past of the project (which is a major reason it is under farmed)
The purpose of this post was to explore the technical/underlying design of Karak and not dive into the founders past projects. While we do acknowledge what happened with risk habour, a lot of of information, both true and false, have been spreading on Twitter. Readers are free to go do additional research on this subject and decide for themselves what the truth is. Also, $1 billion in TVL is not under farmed in my book.
Thor, the point of my comment is that you literally did not acknowledge what happened. The article danced around mentioning Luna and went for the overly generic "DeFi". YOu didn't advise new readers that there was any controversy or additional risk at all.