Gearbox: The unpegging of ezETH has led to some users being liquidated, and the passive borrowers in the protocol have not generated bad debts
The composable leverage protocol Gearbox of DeFi posted on platform X, stating that due to the unpegging of ezETH, some users were liquidated. However, there were no bad debts generated by the passive borrowers in the protocol. The team will release a report reviewing this event.
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
The White House is reviewing the proposed crypto asset reporting framework
Investment bank TD Cowen: SEC to enter a critical regulatory period, Chairman Atkins will lead crypto rulemaking
Bloomberg ETF analyst: Grayscale may launch its first Dogecoin ETF
Data: BitMine currently holds approximately 3.56 million ETH, with an unrealized loss of $2.98 billion.