🚨 $BTC Money Flow Index Signals Another Bear Market Phase… But History Suggests This Is Not The End.
The Money Flow Index (MFI) is once again tracing a pattern that closely resembles the major correction cycles of 2014, 2018, and 2022. Every previous cycle followed a remarkably consistent sequence: a euphoric market top, an aggressive first capitulation, a deceptive relief rally, a deeper liquidity sweep, and finally a long term accumulation bottom before the next expansion phase. The current ...
I saw the Babylon-Aave v4 news today, testing starting this quarter, native BTC collateral, no wrapping. Went back to my notes to see how it actually works.
My first assumption was it'd work like the whitepaper's simple example. One borrower, one lender, both pre-sign, no committee. Clean.
That's not quite it once you're plugging into something like Aave.
Aave isn't one lender. It's a pool. There's no single counterparty to co-sign a vault with.
The whitepaper actually covers this, further i...