Gearbox: Due to the depegging of ezETH, some users were liquidated, and the passive lenders of the protocol did not generate bad debts
Gearbox, a DeFi composable leverage protocol, stated that due to the ezETH being unanchored in the RedStone Oracles report, some Credit Accounts users were liquidated, but the protocol's passive lenders did not incur bad debts. The team will release a report reviewing this incident.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
New spot margin trading pair — ERA/USDT!
Launchpool - Unique ERA Event: Stake BTC ETH for a Chance to Win a 10% APR Boost
Bitget to support loan and margin functions for select assets in unified account
ERAUSDT now launched for futures trading and trading bots
Trending news
MoreCrypto prices
More
