Stream Finance: The Lessons Behind Its Collapse

Stream Finance: The Lessons Behind Its Collapse

By Crypto Economy
TL;DR Stream Finance suspended withdrawals after losing $93 million under external management, which caused its xUSD stablecoin to crash 88% in value. The “risk curator” model, based on vaults offering 18% yields on stablecoins, collapsed due to leveraged exposure to markets on Euler and Morpho.

Article Details

Market Sentiment
Negative
Category
general
Reading Time
1 min
Article Type
Article

Additional Information

Read the Full Article

Continue reading this article on Crypto Economy

Read Full Article

Source: Crypto Economy

Type: Article

Continue Reading

Stay informed with more cryptocurrency news and insights