10 open money networks conveniently bundled in one $OPEN token. https://xitter.cf/t.co/TL27TrfrzA telegram: https://xitter.cf/t.co/qXlatfa3Xu
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Joined April 2025
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If you are a vlSQUILL holder please vote asap.
xitter.cf/OpenMoneyIndex/status/…
🚨 vlSQUILL-OPEN holders: Vote AGAINST.
A malicious governance proposal seeks to grant an operations executor “Rebalance Manager rights” over the OPEN index.
This could enable unauthorized value extraction at holders’ expense.
🗳️ Voting starts Tuesday, 10:20 AM ET.
app.reserve.org/ethereum/ind…
🚨 vlSQUILL-OPEN holders: Vote AGAINST.
A malicious governance proposal seeks to grant an operations executor “Rebalance Manager rights” over the OPEN index.
This could enable unauthorized value extraction at holders’ expense.
🗳️ Voting starts Tuesday, 10:20 AM ET.
app.reserve.org/ethereum/ind…
*into permissionless protocols
The chief economist at Apollo is warning that mass adoption of AI agents could trigger a bank run as they optimize user investments. Gary Gensler spent his last few years as SEC chair warning that the exact same problem will hit the markets: the pursuit of algorithmic perfection at scale destroys system stability. Personal-finance agents making simultaneous optimal decisions could potentially cause a massive flash crash.
Agent acausal coordination, with no messages passed between them, will show up in a lot of places. Markets will get the big headlines, but huge numbers of clever advisors making very similar choices will impact all of human society. Capability gains make this worse, not better. The smarter the agents, the narrower the optimal path; and knowing that other agents see that exact same path lets them move together without talking to each other. Agents do not need to collude to act in unison. Thus, they break no human laws by doing so. Human laws were not written for this. They were not written for a lot of what is coming, and it is about to start happening very fast.
A prospective $OPEN Money Index methodology that has outperformed BTC and ETH in bulls and outperforms ETH in bears.
Should this methodology become the next iteration for OPEN? Scrutiny invited in the RFC linked below.
GM open money trenches,
If you live in one of the communities tagged below, $SQUILL governance may have landed in your wallet in 2025. It gave holders a vote over how the $OPEN Stablecoin Networks Index is built.
Sold it? No hard feelings.
Locked it as vlSQUILL? Grab a wrench.
OPEN is back in the garage testing new index methodologies. Early backtests have found options that beat ETH in both bull and bear markets. Now we need analysts, autists and enthusiasts to help stress test.
Kick the tires. Challenge the assumptions, methods and conclusions.
Have a better way to build OPEN? Put it on the table. Anything is in play.
Review and comment:
forum.reserve.org/t/help-pee…
@leviathan_news @DefiLlama @reserveprotocol @protocol_fx @aave @CurveFinance @InverseFinance @fraxfinance @LiquityProtocol @SkyEcosystem @AlchemixFi @OriginProtocol @GearboxProtocol @10b57e6da0
GM open money trenches,
If you live in one of the communities tagged below, $SQUILL governance may have landed in your wallet in 2025. It gave holders a vote over how the $OPEN Stablecoin Networks Index is built.
Sold it? No hard feelings.
Locked it as vlSQUILL? Grab a wrench.
OPEN is back in the garage testing new index methodologies. Early backtests have found options that beat ETH in both bull and bear markets. Now we need analysts, autists and enthusiasts to help stress test.
Kick the tires. Challenge the assumptions, methods and conclusions.
Have a better way to build OPEN? Put it on the table. Anything is in play.
Review and comment:
forum.reserve.org/t/help-pee…
@leviathan_news @DefiLlama @reserveprotocol @protocol_fx @aave @CurveFinance @InverseFinance @fraxfinance @LiquityProtocol @SkyEcosystem @AlchemixFi @OriginProtocol @GearboxProtocol @10b57e6da0
1/
🚨 OPEN GOVERNANCE TAKEOVER ATTEMPT
A newly funded wallet spent 1 Ether—about $2,500—to acquire 125,280 SQUILL, approximately 10.06% of the voting power and just enough to meet OPEN’s currently displayed quorum alone.
3/
The title disguises these changes as routine “reconstitution.” The proposal description is blank.
No constituent assets have moved. This can still be stopped.
ACTION SUGGESTED
Vote-lock SQUILL and self-delegate before the September 10, 4:08 a.m. PDT voting snapshot.
4/
🚨 OPEN GOVERNANCE TAKEOVER ATTEMPT
ACTION SUGGESTED cont'd
Vote AGAINST between September 10 and September 13.
Simply holding SQUILL is not enough. It must be vote-locked and delegated before the snapshot to count.
Proposal: app.reserve.org/ethereum/ind…
Friendly reminder to projects:
Add an LLM-friendly endpoint to your docs. It helps builders ship faster, improves SEO, and lets the coming wave of AI agents compose on top of your protocol more easily.
See @Morpho 's docs and search "LLM" for a great example.
Stablecoins, but actually yours.
Use Pharos to identify stablecoins with no blacklist function, that no one can have their hands in your pocket.
We have upgraded the Blacklist Tracker on Pharos.
Blacklist risk is one of the most underrated dimensions of stablecoin security. Most users never think about it until an asset gets frozen. These updates make it easier to see that risk clearly before it becomes a problem.
Here is what is new:
- See the blacklistable status of all tracked stablecoins by count
- Click any bar to view the matching stablecoins instantly
- View blacklistable status weighted by market cap
- A cleaner, better optimized UI throughout
Know what you are holding.
vlSQUILL-OPEN, ready to vote onchain?
Click through to links below.
The @OpenStableIndex posted a new proposal on the forum to update governance parameters. Calling all $SQUILL governors to provide feedback.
Link ⬇️
Best stablecoin dashboards in the industry, now tracking "blacklistable" among other things. @PharosWatch
OpenMoneyIndex retweeted
good for decentralize stablecoin with true yield, and bad for USDC, circle & coinbase
Blog - OCC just killed all Stablecoin Rewards (I told you so). While this is draft guidance, don't expect it to change substantially. Blog on guidance, impact and the "hammer" the OCC wields. blog.starpointllp.com/2026/0…
Today is the 2nd best day to weigh in on shaping OPEN's v1.2 methodology. The first best day was Jan 28.
Get involved?
[RFC] Request For Comments: The OPEN Rules Upgrade v1.2
forum.reserve.org/t/rfc-requ…
OpenMoneyIndex retweeted
for this brief moment in time, we have an enourmous edge over the chungus institutions and corpos who are bound by rules and regulations and cannot move quick, while we are agile and nimble and can command arbitrary sized armies of agent swarms.
[RFC] Request For Comments: The OPEN Rules Upgrade v1.2
forum.reserve.org/t/rfc-requ…