Apparently there was some unnoticed price shake in frxETH - interesting for stress-testing crvUSD soft liquidations.
11 Oct 2023, 06:34
Apparently there was some unnoticed price shake in frxETH - interesting for stress-testing crvUSD soft liquidations.
An N=10 position in soft liquidation took a -0.6% hit (would have been -0.12% if was N=50). Which is an excellent number for that move!