Abracadabra proposes hiking loan interest rate by 200% to manage Curve risk

PANews ｜2023-08-02 19:05

The Curve Finance exploit has created a liquidity crisis in the DeFi ecosystem and many lending protocols are rushing to minimize their exposure.

Author ：PANews
This article reflects the opinions of PANews's columnist and does not represent the stance of PANews. PANews does not assume legal responsibility. The article and opinions do not constitute investment advice.
Image Source ： PANews If there is any infringement, please contact the author to remove it.

Comment

Recommend Reading

PANews

2023-08-02

Chinese police vs. Web3, blockchain centralization continues: Asia Express
PANews

2023-08-02

NFT Collector: On-chain music sounds off with latest raise, artistic duo Hackatao find their lane
PANews

2023-08-02

India puts forward suggestions for G20 crypto roadmap
PANews

2023-08-02

Worldcoin cryptocurrency project suspended in Kenya
PANews

2023-08-02

SBF denies witness tampering in effort to avoid jail
PANews

2023-08-02

FTX creditors unimpressed with exchange's bankruptcy exit plan

Abracadabra proposes hiking loan interest rate by 200% to manage Curve risk

Hot

Selected Features More

PAData

PANews AMA

DeFi

PANews

More