vaults allocation should be solved with futarchy based markets
should we ship it to @SuperlendHQ to whitelist vault strategies and allocate through prediction markets
vote on values (that it will generate high yield) and bet on belief (that it is risk free)
and your money also acts as a backstop
DeFi is failing its users when curators act like black boxes. The recent Beefy → Silo → Valarmore → xUSD situation proves it.
FYI - I personally had funds and family savings in this “safe USDC vault on Arbitrum” promoted on Beefy.
What we actually got was 100% exposure to xUSD — without ever being told 🧵
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