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1. parker+(OP)[view] [source] 2022-06-09 21:26:02
A few months ago I found Stablegains. I asked myself, “how is this possible?”, “why is this backed by YC?”.

Started digging around. Read their TOS and Privacy Policy. Analyzed their relationship with the Anchor protocol.

Then I found screenshots of the founder’s notebooks and code. Showing deposit amounts…

At that point I knew this wasn’t about actually delivering value to customers if they were so sloppy with their security.

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