RE: https://mastodon.social/@Alex0007/116114605493990335
Funny thing is: I posted about Etherfuse MM uptime inconsistency 10 months ago and it led to an exploit in the end.
https://www.reddit.com/r/Stellar/comments/1k5vslk/etherfuse_market_maker_bot_disappeared_from_ustry/
Blend YBX pool oracle price was manipulated resulting in 10M USDC loss
The Smoothie UI keeps getting meaningful updates. It is my favorite UI to look at.
AWESOME tool to track your Blend LP positions
At this point, I'm starting to wonder if Stellar.expert will ever get back to displaying the actual state.
Today's situation at the YieldBlox v2 lending pool (blend.capital, Stellar network) lasted about 5 hours.
Supplying USDC had an APY of over 100%.
And here is interesting read about Reflector oracle contracts (created by author of stellar.expert) that are used in Blend.capital.
tldr: they are needed to determine the actual value of asset
Great technical and economic documentation that provides basic information about:
- How lending and borrowing works, what the risks are, and how they are managed
- How smart contracts work (specifically in Stellar network)
Alex0007
Alex0007
Information
