🚀 Concerns Arise Over Euler Protocol Following xUSD Depeg
#EulerProtocol #xUSD #depeg #crypto #lending #oracle #baddebt #USDT #vaults #APY
According to PANews, the recent depegging of xUSD has raised concerns about the Euler crypto lending protocol. There are suspicions that the price data from the protocol's oracle may not have been updated promptly, potentially leading to bad debt. Reports indicate that the utilization rate of USDT vaults briefly reached 100%, with the annual percentage yield (APY) soaring to 65%.#EulerProtocol #xUSD #depeg #crypto #lending #oracle #baddebt #USDT #vaults #APY
🚀 Concerns Arise Over Euler Protocol's Curator Vault Utilization
#EulerProtocol #CuratorVault #PeckShield #xUSD #CryptoLending #OraclePrice #Blockchain #Cryptocurrency #EUL
According to Odaily, PeckShield has reported on the X platform that several Curator vaults on the Euler crypto lending protocol have reached 100% utilization, which appears unusual.
Previously, it was noted that after xUSD lost its peg, the oracle price data on Euler may not have been updated in a timely manner.#EulerProtocol #CuratorVault #PeckShield #xUSD #CryptoLending #OraclePrice #Blockchain #Cryptocurrency #EUL