(1/4) We chose to become one of the first public crypto companies. This decision carries the weight of high transparency, and that transparency is a core part of our ethos. It’s one of the key differentiators of our platform.
56
179
749
Conversation
(2/4) We manage risk and prioritize the security of customer funds first and foremost. We keep things simple. No DeFi lending activities, no algorithmic stablecoin staking or lending, no derivative assets, and certainly no stETH.
Replying to
(3/4) Our straightforward, low-risk approach to asset management is the result of our decades of experience leading companies through market cycles. We have the experience to back our decisions and weather any bear market.
22
48
330
(4/4) Our sole mission is to make crypto as simple and safe as possible for consumer use. As a company we always act in the best interest of our customers.
This morning’s press release has more details:
33
49
400
Replying to
Quote Tweet
The Degen Loan
In one of the most degen loans of all time, Voyager lent around $700m to 3AC - undercollateralized. They used interest payments to provide retail-facing yield through their platform and skimmed a cut for themselves. Upon this revelation, VOYG fell over 50%. (6/14)
Show this thread
1
Replying to
I am kind of lost here... Why you are having liquidity issues when you posted a few days ago this? Sounds really scary!
1
Replying to
Don't say this crap next time my fren. You think lending to 3ac with close to zero collateral is a safer play than any of those you have mentioned. Cry out loud dear public company
1