KoMo-T
4.6K posts
@888behappy888
BE FREE. cryptoやNFT世界情勢を中心にトレンドや趣味趣向関連をボーダレスに自由気ままにやってます。1000年以上の歴史を持つ里山にて、チビ4人の6人家族.里山暮らし。 自営。 DYOR/NFA CNP/$FNCT/$DOG/BITMAP
仕事でしか飛行機乗らないから、溜まったマイルは電子マネーに変えるのが一番いいと思ってる。つまりは人によるってこと。
【速報】仮想通貨取引所 CEOが560億円を持ち逃げか - Zondacryptoで深刻な問題が発覚 ・CEOがイスラエルへ逃亡 ・BTC準備金の約99%が消失 ・約4,500BTCは「秘密鍵が不明」でアクセス不能 ・鍵を持つ創業者は2022年から行方不明（殺害の可能性も） ・出金停止、経営陣辞任 ・当局が捜査を開始
MEXC sitting on $260m in USDC/USDe debt on aave v3 at 1.01 health factor. $110k daily interest accrual. health factor decays ~0.04% every 24 hours with no action. that's 6-8 days until forced liquidation if ETH doesn't move up and they don't add collateral. $260m in ETH/wBTC collateral hitting the market in a cascading liquidation is the next black swan everyone can see coming on-chain in real time. the kelp exploit was round one
今週のハッキングニュースで救われないのは、 DeFi → 大流出 CeFi → 大流出 自己保存 → Ledgerアプリフィッシング事件 とまぁありとあらゆる仮想通貨保存方法でやられているところ。
【注意】「黄砂」あす20日から日本列島に飛来か、広い範囲で影響の可能性 news.livedoor.com/lite/article_d… あさって21日午後から、日本列島の広い範囲で飛来が予想されている。洗濯物などを屋外で干す際は注意が必要。また、目、鼻、皮膚などのアレルギーや、呼吸器に疾患がある方は、十分に注意を。
The fallout from the Kelp rsETH exploit is going to be messy and could potentially be quite a bit more severe than some people are making out right now. It seems rsETH on mainnet is technically still backed, but, there's no liquidity to sell rsETH, and with rsETH contracts paused, there’s currently no usable redemption path either. In the unlikely case they socialised the loss across all rsETH holders, it would be worth something like 81.25% (1 - $300m/$1.6b) of its original value. I don't think they will do that though. It would likely push a number of large positions on Aave towards undercollateralisation and risk creating bad debt. That alone would be enough to trigger a long and painful lawsuit. So realistically rsETH holders on L2s are likely going to swallow the loss. Who are they? Why did they have rsETH on L2s in the first place? Could be other DAOs or funds etc who've taken a huge hit. That alone could have consequences we won't know about for some time. Impacted individuals on L2s will likely consider their own legal action to force socialisation, potentially prolonging the delay before redemptions are opened. Either way, once redemptions are eventually opened, it's unlikely any lending protocols would re-allow collateralisation, so there will be need to be a massive unwind of huge volume of rsETH/ETH looping trades. All those looping trades are currently massively negative ROE. Aave ETH utilisation is currently at 100% with ETH borrow rate at 8.71%. Since staked ETH yield is around 2.5%, the ROE for any LST or LRT borrow or looped borrow is anywhere between -6.21% and around -90%, depending how degen people are. So we could see an unwind of lots of LST loops aside from just rsETH/ETH ones. The normal path to unwind a loop is to swap collateral and repay, but this is unlikely to be possible for such a large amount of unwinds at once, and certainly won't be feasible for rsETH unless someone puts up significant liquidity for it. When the swap and repay path fails, you normally have to withdraw as much collateral as you can, manually redeem, repay some debt, withdraw more collateral, and so on. Here's the kicker. If rsETH is no longer collateral and no longer has borrowing power, this makes it much more difficult for people to manually unwind as well. If people get stuck for longer periods paying huge negative ROE for too long, and there’s no liquidity to liquidate them, their equity gets eroded. Once debt exceeds recoverable collateral value, bad debt appears, and can keep worsening as interest accrues and the position remains unresolved.
