
Cryptan_PIEN🐧
368 posts

Cryptan_PIEN🐧
@Cryptan_PIEN
Airdrop🪂 | Quests | Alpha Your crypto sidekick in the hunt for free money 🧙♂️💰 Not financial advice, but probably a good idea💸






Bear Market Accumulating? Get paid up to 93.2% APR to accumulate; $BTC, $ETH, $SOL & $HYPE? Currently possible via selling cash-secured-puts on @ryskfinance. If you're going to accumulate right now during this nightmare mode bear market then you may as well get paid premiums to do so. Im not associated with Rysk btw, just worth sharing for all those accumulating right now.











People have asked me for an update on whether we are working with any of the teams behind any of the insolvent assets. We are not, but we are trying to. Despite multiple attempts to contact the Elixir, Stream, and StableLabs teams, we have not yet received a response and hope they will open lines of communication as soon as possible. If they are reading this, or if anyone can help us reach them, please get in touch. I want to stress that while Euler had no control over the recent events and has no control of the underlying curated markets, our team has been working around the clock to support users and curators in every way we can. We stand ready to provide the same level of assistance to the asset issuers to help facilitate recovery efforts, but they need to engage with us. Although some have reportedly been in touch with third parties and expressed a willingness to cooperate with Euler and Euler users, we have yet to hear from them directly despite repeated outreach across multiple channels. We want to help them do the right thing for affected users and minimise losses and damage as quickly as possible. We therefore urge @elixir, @StreamDefi, and @StablesLabs to get in touch without delay to begin the conversation.









Stream Finance has announced the insolvency of its protocol. This statement aims to address Stream Finance’s position with mHYPER and provide clarity to holders. Stream Finance is a yield-aggregating platform that allocates capital across various on-chain and off-chain strategies to generate returns for its LPs. As part of its yield-farming strategy, Stream Finance built a leveraged position in mHYPER over the past weeks. As of today, Stream Finance holds approximately $75M worth of leveraged mHYPER positions. Hyperithm and the Midas team are working closely with Stream Finance to support a gradual and orderly unwinding of these positions and to ensure that any potential liquidations occur smoothly. When a leveraged mHYPER position exceeds its LLTV on lending markets such as Morpho or Euler, any participant can take over and unwind the position through the instant redemption feature on Midas. mHYPER currently maintains over $75M in liquidity buffer to facilitate instant redemption, ensuring that liquidations are always executable and profitable for liquidators. mHYPER holders remain unaffected, and the vault continues to operate as normal.




