Best Yield strategy

  • DeFi Agreement Euler Finance Experiences $10M Exposure

    According to the report, Idle Finance of the DeFi agreement tweeted that after investigation, the exposure of Euler Finance event to the agreement’s Yield Tranches strategy involved about US $5.35 million in stable currency and 320 ETHs, and the exposure of Best Yield strategy involved US $4.8 million in stable currency and 313 ETHs. IdleFinance: The relevant strategies are affected by the Euler event, involving about US $11 million in stable currency and 630 ETHs Analysis based on this information:Idle Finance, a decentralized finance (DeFi) agreement, announced that Euler Finance event resulted in an exposure of approximately $10.15 million worth of stable currency and ETH. Specifically, the exposure of Yield Tranches strategy involved about $5.35 million in stable currency and 320 ETHs, while the Best Yield strategy involved $4.8 million in stable currency and 313 ETHs. This news highlights the risks that come with investing in DeFi protocols. The exposure of Euler Finance event to Idle Finance agreement shows that…

    03/14/2023
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