MoonFrog || $CRV Booster || ve(👑,👑)

$YB now trading bellow Kraken Launch price of $0.2 Binance sale price was $0.1 ..... Who is even buying YB now with the upcoming April unlocks? 😬 x.com/Tokenomist_ai/… There's a material risk here for crvUSD because if $YB keeps dumping due to the looming unlocks and big YieldBasis LPs start withdrawing their BTC as yields decline, crvUSD peg could come under sustained pressure! Yields for all stakers are already sub 10%, and 80%+ of bitcoin on YieldBasis is in staked form: If big LPs decide to exit while $crvUSD pools are in an unbalanced state with no pegkeeper reserves, the depegs could be quite large: x.com/DefiMoon/statu…

Ever wondered how @CurveFinance's fee architecture works? I built an interactive map that visualizes the full flow, with live on-chain and api data. Check it out here: docs.curve.finance/fee-architectu…

This is NOT an @InverseFinance exploit, but an issue with LlamaLend. The exploiter liquidated practically all users who supplied sDOLA and borrowed crvUSD on Llamalend. He did a 'donation attack' on sDOLA, moving it from ~1.188 sDOLA = 1 DOLA to ~1.358 sDOLA = 1 DOLA. We don't understand yet how this actually liquidated users. It's clearly unintentional behaviour, the value of your collateral going up should move you further away from liquidation, not closer. The secondary effect on sDOLA lasted, so anyone holding sDOLA (and not leveraging it on LlamaLend) is now up approx. 14%. DOLA is actually trading at attractive levels, almost a 1% discount - consider repaying your DOLA debt cheap. Here is the exploit transaction: app.blocksec.com/phalcon/explor… Exploiter: debank.com/profile/0x33a0… Funded and deposited back to Tornado, clearly a blackhat.

🚨 $crvUSD depeging again as borrow rates have exploded to 40% crvUSD/USDC 0.985: If bitcoin starts cascading here due to $MSTR crashing, crvUSD will depeg very hard as the pegkeepers are empty and the pools are very imbalanced. There's only $2m of exit liquidity in each of the top crvUSD pools on Curve, so it won't take much to crush the crvUSD peg right now. The ratio is 10:1 😬😱 If @yieldbasis LPs start to panic at some point and begin to withdraw their BTC, the downward pressure on the peg will increase substantially!! Like I said many times before, CurveDAO was irresponsible to approve not only the initial 60m crvUSD credit line, but also the subsequent 300m credit line for YieldBasis without extensive real-world testing. RIP $YB $CRV $CVX 🪦

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

According to Bloomberg, Aave founder Stani Kulechov purchased a five-story Victorian mansion in London’s Notting Hill for £22 million (around $30 million), making it one of the most expensive residential transactions in London over the past year. The deal was completed in November, with the final price about £2 million below the broker’s initial guidance. The property offers panoramic views over Notting Hill. bloomberg.com/news/articles/…

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

UPDATE #3: LMAO never thought I'd get blocked by Egorov 😆 Major🚨when devs refuse to acknowledge structural issues and block those who point them out! $crvUSD ⚠️ $CRV ⚠️ $YB

The $YB sale is now live on Kraken Launch Same price for all: $0.20 while supplies last Join here → k.k.xyz/JDNW/prpt6qta