06:55
Opinion: Market feeding price + high collateral rate leads USDe to repeat the UST tragedy, LSD-type assets face the same problem.
The founder of dForce, Mindao, pointed out that the current market big dump is similar to the Luna incident, as large trading platforms accept illegal stablecoins as high LTV collateral, leading to risk transmission. He emphasized that illegal stable assets combined with high collateral rates and market price feeds further amplify the risks, especially as LSD-type assets face the same issues.

