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I came across a new project called @vestafinance and decided to dive deeper into it because it drew my attention. Why?
Let’s make a 🧵👇🏽 about it!
I came across a new project called @vestafinance and decided to dive deeper into it because it drew my attention. Why?
Let’s make a 🧵👇🏽 about it!
/2
First things first, what is @vestafinance? It is a #collateralized #debt protocol which means that the protocol allows for borrowing with a slight over-collateralization of just 110% instead of the usual 150 - 180% rates in $DeFi.
First things first, what is @vestafinance? It is a #collateralized #debt protocol which means that the protocol allows for borrowing with a slight over-collateralization of just 110% instead of the usual 150 - 180% rates in $DeFi.
#OODA loop.
The analogy of charioteer controlling 5 horses in battle may help.
- The field in front = Area of Responsibility.
- The horses = forces at contact
- Charioteer takes feedback from all 5 horses, aligns their effort and ensures their energies are synergised. (1/n)
The analogy of charioteer controlling 5 horses in battle may help.
- The field in front = Area of Responsibility.
- The horses = forces at contact
- Charioteer takes feedback from all 5 horses, aligns their effort and ensures their energies are synergised. (1/n)
- The charioteer here is empowered, and a decentralised decision-maker in the #TBA.
- Over the charioteer is the chariot commander, who coordinates with other chariots, lets call it #OODA at the theater level.
- Over him is another strategic commander.
(2/n)
- Over the charioteer is the chariot commander, who coordinates with other chariots, lets call it #OODA at the theater level.
- Over him is another strategic commander.
(2/n)
#OODA an aggregation of #SituationalAwareness at the #TBA, #theater, up to Central HQ, consisting of feedback going up and directions flowing down, to be converted into execution at each stage.
Remember that the whole picture won't be available to all, nor is it desired. (3/n)
Remember that the whole picture won't be available to all, nor is it desired. (3/n)
