08-02-2023, 12:23 PM
Abracadabra proposes hiking loan interest rate by 200% to manage Curve risk
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-08/b4ed81a2-8080-4d6b-b6fe-a30a48b44cab.jpg"></p><p>The Curve Finance exploit has created a liquidity crisis in the DeFi ecosystem, with several lending protocols rushing to minimize their exposure. </p>
https://cointelegraph.com/news/abracadab...curve-risk
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=840/https://s3.cointelegraph.com/uploads/2023-08/b4ed81a2-8080-4d6b-b6fe-a30a48b44cab.jpg"></p><p>The Curve Finance exploit has created a liquidity crisis in the DeFi ecosystem, with several lending protocols rushing to minimize their exposure. </p>
https://cointelegraph.com/news/abracadab...curve-risk