depegged posts

• stETH depegged at Curve Finance

  By chovy 4 months ago

  stETH briefly lost its peg after a whale move $101 million worth of ETH from Curve Finance. This could mean that borrowers who used stETH as collateral for DeFi borrowing could have been liquidated. Ethereum developers are preparing to launch a testnet before the Shanghai upgrade that will allow stakers to test withdrawals.