DAOUSDT
DAO Maker / Tether USD
crypto Composite

Security initiatives in this space are long overdue, but execution is what matters. The DAO situation burned a lot of people, and the lesson wasn't just about smart contract vulnerabilities. It was about how fast things unravel when there's no clear response framework in place. Curious how this round actually structures accountability compared to last time, because vague commitments don't hold up under pressure. Anyone tracking whether there are concrete audit requirements tied to this, or is it still voluntary?

Overcollateralized lending is clearly the default and it works, but it also means you need capital to access capital. I’ve been looking at the undercollateralized / reputation-backed side of this and I’m curious how people here actually feel about it.
A couple things I wonder:
1. Would you ever fund a stranger’s loan based on on-chain reputation (wallet history, DAO activity, repayment record) instead of collateral?
2. If no, is it the default risk, sybil issues, or just “I’ve been rugged too many times”?
Not looking for protocol recs unless you’ve actually used something. More interested in the mental model of it. Would you lend to a person on-chain the way you’d lend to someone in your network IRL?