I mentioned this before, didn't get much of an answer,

Question

iExec RLC Official Discussion _ NO PRICE TALK

I mentioned this before, didn't get much of an answer,

but it's much much more relevant today.

On May 6 2021, the iExec multisig wallet sent 10,800 ETH ($37.7m at the time, $11.9m today) to 3AC wallet. Over the past 2 weeks, 3AC collapsed due to careless overleverage. Did iExec team have business relationships with 3AC as of June 15? Did the team suffer any losses from the ordeal?

#cryptocurrency #english #rlc

0

23.06.2022

6 ответов

21 просмотр

Ñïķøłäś

Ñïķøłäś
Good question

It is a question for @sulliwane I guess

0

23.06.2022

Rafal

Reached out internally about this. I’ll let you know what they say.

0

23.06.2022

Paulo Espírito Santo

Rafal
Reached out internally about this. I’ll let you kn...

Hi Buddy! DM Please! Thnak you!

0

23.06.2022

Victor

Sorry for the late reply! Blair and Rafal told me about questions from the community about our asset management, especially given recent market events (LUNA, 3AC). One specific transaction that occurred in early 2021 has been called out. It is true that part of the Treasury is being put to work in order to generate a passive income. While we are unable to comment about specific asset allocation or counter-parties (regarding past or current transactions), it's important to keep in mind that only a portion of the Treasury is dedicated to this activity. The Treasury is spread among very different risk profile yield products (ex: lending, staking, real estate, defi, etc). Since the beginning, we're following a strict risk management policy (on the risk averse side of the spectrum) that's designed to be resilient to one or multiple failures. We heard about the difficulties faced by some players in the AM industry. Independently of them being able to recover or not, I can reassure you that iExec is in a healthy shape financially and ready to face the bear market. The previous bull market gave us plenty of time to prepare ;) Without being any more specific, I hope that clears up your concerns.

0

26.06.2022

Alpha Eyes

Victor
Sorry for the late reply! Blair and Rafal told m...

So iExec is a VC?

0

02.07.2022

Ñïķøłäś · Accepted Answer

Ñïķøłäś

Good question

0

23.06.2022

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I mentioned this before, didn't get much of an answer,

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