观点:市场喂价+高抵押率导致USDe重蹈UST覆辙,LSD类资产面临同样问题

Blockbeats
Oct 11

BlockBeats 消息,10 月 11 日,DeFi 协议 dForce 创始人 Mindao 在社交平台发文表示,这次暴跌和 Luna 暴雷类似点在于,都发生在大交易平台开始接受非法币稳定币作为高 LTV 的抵押物,风险开始在交易平台间穿透。彼时是 UST,今天是 USDe,“稳定性”+高质押率迷惑了大部分人。

引入非法币稳定资产做抵押物时,最糟糕的组合是采用市场价格喂价,同时允许高抵押率;加上 CEX 本身没有完全开放的套利环境,套利效率低,风险进一步放大。LSD 类资产面临一样的问题。这类资产实际上都是披着“稳定性”外衣的波动性资产。

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