
Tarun Chitra discusses the risks and evolution of DeFi lending and restaking protocols.
Tarun Chitra, Co-Founder & CEO of Gauntlet, joins us to talk about the evolution of DeFi lending, the shift toward active vault management, and recent high-profile security exploits like Resolve and KelpDAO. We dive into the hidden risks of restaking protocols, the friction between DAO ideologues and risk curators, open-source versus closed-source infrastructure vulnerability, and how AI agents are shaping both cyberattacks and defensive measures in Web3. Subscribe to the newsletter! https://newsletter.blockspacemedia.com Notes: * North Korea stole $800M from Bangladesh bank. * Some re-staking protocols had LTVs up to 0.98. * DAO parameters often update only once a week. Timestamps: 00:00 Start 00:16 DeFi vibe check 01:44 Vaults in DeFi 06:13 Actively managed vaults 14:21 Collateral risks 19:00 Attack learnings 21:37 KelpDAO 29:11 Transperency 30:15 Composibility risks 37:47 Should finance be open source? 43:02 Timelocks 49:28 Clawbacks are the future! The Gwart Show is sponsored by Ellipsis Labs. Ellipsis Labs builds the most efficient on-chain markets. Their orderbook and Prop AMM products have delivered price improvement to hundreds of billions of dollars in retail volume…
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