An analysis of the CDP landscape, specifically Liquity and its ecosystem forks.
It always a pleasure to read your articles. Perfect level of understanding for me. Synthetic enough. Thanks.
Just read your newsletter and I'm still trying to understand what you mean by "liquity forks" how are these other protocols forks, did they copy Liquitys code?
a fork uses the underlying code base of another system to build an independent project (e.g. pancakeswap is a fork of uniswap)
According to Lybra they built 90 percent of their code from scratch.
It's from the category on DefiLlama called Liquity forks. It esentially means that they have forked the codebase and slightly modified it.
It always a pleasure to read your articles. Perfect level of understanding for me. Synthetic enough. Thanks.
Just read your newsletter and I'm still trying to understand what you mean by "liquity forks" how are these other protocols forks, did they copy Liquitys code?
a fork uses the underlying code base of another system to build an independent project (e.g. pancakeswap is a fork of uniswap)
According to Lybra they built 90 percent of their code from scratch.
It's from the category on DefiLlama called Liquity forks. It esentially means that they have forked the codebase and slightly modified it.