

Two Paws
113 posts

@TwoPawsDefi
A New Era of non-liquidation lending protocols. All profit is yours. ETH Network $TWOPAW Arbitrum Network $TWOPAW Telegram chat: https://t.co/iwT7RWcBmj







Wen? Now. 🧑🚀💙🧡








Our system monitored that @eulerfinance is being attacked. Please take action! phalcon.blocksec.com/tx/eth/0xc310a…


In light of the current volatility surrounding stablecoins, Aave DAO has frozen USDC, USDT, DAI, FRAX, and MAI on Aave v3 Avalanche. This measure prevents new positions from adding risk to the protocol. governance.aave.com/t/arc-stableco…





Not a lot of panic around $USDC (yet) Some significant 24 hr outflows, including $680 milly from Coinbase to Circle, which could be redemptions/burns 3pool looks reasonably balanced, however, and a bunch of market makers/institutions actually loaded up in the past 24 hrs


USDC has 11.4b split between 7 banks. Two were SVB and SI. BNY Mellon likely holds the majority of assets (it's safest, if they wanted yield they'd be in treasuries). If 20% is in SVB and haircut on SVB is 92% (aggressive) then backing of USDC is cut by 182m, which is easily absorbed by CB balance sheet





