CDP engineering is no joke as liquidity stablecoin<>crypto goes up - working on something! Otherwise looks like Tether on banking weekends + volatility few years ago https://t.co/wqIRHGqtCC
CDP engineering is no joke as liquidity stablecoin<>crypto goes up - working on something! Otherwise looks like Tether on banking weekends + volatility few years ago https://t.co/wqIRHGqtCC
There are rumors that MMs got serious damage on Oct 10th
Luna crash - 3AC collapse happen again? https://t.co/f5i1iH8VmV
UPDATE #2: Significant depeg on $crvUSD now as pegkeepers exhausted all their reserves ⚠️
crvUSD/USDT trading down to 0.95
crvUSD/USDC trading down to 0.96
Borrow rates have spiked to 30% lol
@yieldbasis is not good for crvUSD, only a matter of time before crvUSD/YieldBasis end up with a sizable chunk of bad debt!!
$YB $CRV $CVX
Where did you take these prices? Which pools exactly?
We track 38 main $crvUSD pools and minimum weighted price today was 0.9814
I checked biggest (> $30m TVL) $crvUSD/USDC & USDT pools manually at @dexscreener and minimal price there was ~0.97
However all pools form liquidity & determine price together, so we account all of them
Link to the dashboard in comment