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Reinsurance is the most suitable RWA for DeFi bc yields are > double digit, > uncorrelated to crypto/risk markets > low vol thereby reducing basis risk for loopers @onrefinance leading

sui went down for 5 hours yesterday. second full network halt in 150 days. uptime now below 99.86% over that window. solana during its worst outage era in 2022 was getting destroyed for exactly this. difference is solana was a $4b chain back then. sui is $3.7b right now, marketing "enterprise-grade infrastructure" and "sub-second finality" to institutions while validators can't coordinate block production. you cannot sell reliability to circle, coinbase, and a16z portfolio companies when your consensus layer freezes under the same stress that solana just processed $250m USDC through without blinking. mysten labs has the team and the funding to fix narwhal-bullshark. but one more outage and the institutional pipeline closes permanently. the market prices in resilience during drawdowns, not whitepapers.

⚠️SUI DROPS -5% AS MAINNET SUFFERS NETWORK OUTAGE The Sui team has confirmed a network-wide stall, with developers currently working on a solution. The network has been down for over two hours, temporarily halting all transactions on the mainnet.

Breaking: The Sui blockchain network has stopped producing blocks for nearly an hour. The official statement: The Sui Mainnet is currently experiencing a network stall. The Sui Core team is actively working on a solution. Transactions may be paused at this time.

Sui Mainnet is currently experiencing a network stall. The Sui Core team is actively working on a solution. Be aware that transactions may be paused at this time. Updates will be shared as soon as they are available.