defi
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This is a massive loss. It's unclear how this will be settled in between xUSD/xBTC/xETH holders and lenders against these tokens, so let’s go over all stablecoins/vaults that have (in)direct exposure to Stream.
Best we can tell, these stablecoins have indirect exposure:
Elixir’s deUSD:
Elixir... See more
YAM 🌱x.comxusd collateral loss
21/ ADL is kind of like reaching the end of the Truman Show. Perps markets build this very beautiful simulation of the underlying spot
But at the of the day it’s all imaginary. Most of the time we don’t have to think about it… but sometimes we hit the edge of the simulation https://t.co/Lm5raLCkz8