Yesterday, Arbitrum directly froze 30,766 ETH from addresses related to the KelpDAO vulnerability.


My first reaction after reading it was that the speed of protecting funds really can't be slow; hackers act very quickly, disappearing in the blink of an eye.
At least the intention was good—protect the money first.

This also made me think of @worldlibertyfi's USD1 liquidity pool.
Yesterday, utilization hit 100%, and available liquidity turned negative; the pool was almost drained.
Today, suddenly, there’s nearly ten million in available funds.
Many people think it’s finally normal, but I keep an eye on the data and become even more hesitant to move casually.

Yesterday’s high interest rate of 36.9% skyrocketed because liquidity was about to run out.
The system asks users to deposit money at high prices, and the interest earned is essentially the right to exit at any time, as a form of compensation.

Now that interest rates have fallen back, things seem calmer, but the most basic players in the pool have already changed.
Yesterday’s borrowers who were under the surface have surfaced, and today, those holding low-yield positions are standing at the bottom.

Even more cleverly, just as the pool stabilized, a proposal to destroy and lock tokens was introduced.
Earlier, high interest rates attracted liquidity; later, long-term lockups suppressed sentiment.
#USD1扛波动, #WLFI appeals to people's hearts—this strategy is quite methodical.

If another wave of volatility like yesterday’s happens, can you still stay steady?
During that liquidity injection yesterday, were you involved?
ETH3,51%
USD10,01%
WLFI1,22%
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