Channels

Worldcoin

Read

Light

<div class="coingape"> 
 <h2 id="the-new-backup-pool-solution">The New Backup Pool Solution</h2> 
 <p>Lightning HSL’s proposal is centered around the introduction of a mainstream stablecoin backup liquidation pool. USDT, a commonly used stablecoin, serves as an example. Under this plan, any user looking to acquire discounted mortgage products can deposit USDT into this backup pool. Users on the brink of liquidation could then use the USDT in the backup pool to repay debts, subsequently withdrawing their collateral to sell to the backup pool at a discounted rate.</p>  
 <div class="quads-location quads-ad90952 " id="quads-ad90952" style="float:none;text-align:center;padding:0px 0 0px 0;"> 
  <div class="ad1"> 
   <div class="advertised"> <span class="ad-placeholder">advertisement</span> 
   </div> 
  </div>  
 </div> 
 <p>However, there is skepticism about this idea. Analysts contend that even while this method may approximate the stable pool proposed by Liquidity, it might not produce the desired results in practical settings. Concerns arise due to the significant differences in the collateral assets between the two. Critics worry that customers buying reduced <a rel="noopener noreferrer nofollow" title="CRV" href="https://thebittimes.com/tag/crv.html">CRV</a> could quickly bring the market back to its previous crash, putting their positions at risk of liquidation.</p> 
 <p>These analysts contend that the lending platform’s strategy is what’s at the heart of the issue. It should separate the assets of the lending pool, classifying collateral according to its market liquidity and setting suitable borrowing restrictions in accordance.</p> 
 <p>Also Read: Worldcoin to Share Iris-Scanning Technology for Third Parties to Build Digital ID Systems</p>  
 <div class="quads-location quads-ad148831 " id="quads-ad148831" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div class="NewTrendin dsdsd m-on"> 
   <h5> 
    <svg class="inline-block w-5 ml-1 text-black _text-digg-blue" width="34" height="20" xmlns="//www.w3.org/2000/svg" viewbox="0 0 17 17" fill="currentColor"> <path fill-rule="evenodd" d="M12 7a1 1 0 110-2h5a1 1 0 011 1v5a1 1 0 11-2 0V8.414l-4.293 4.293a1 1 0 01-1.414 0L8 10.414l-4.293 4.293a1 1 0 01-1.414-1.414l5-5a1 1 0 011.414 0L11 10.586 14.586 7H12z" clip-rule="evenodd"></path> 
    </svg>Recommended Articles </h5> 
   <div class="TrendSList owl-carousel owl-relatedpostar"> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/03/cf35a15cb82cd1ed6fc87ff4ecbfc001.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/08/03/cf35a15cb82cd1ed6fc87ff4ecbfc001.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4"> Crypto Presale Projects For 2023 To Invest; Updated List </h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto exchange affiliate programs" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/01/9acafad721dcbc6c15e6daccd38017cb.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/08/01/9acafad721dcbc6c15e6daccd38017cb.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto exchange affiliate programs" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Best Crypto Exchange Affiliate Programs In 2023</h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/01/f88de9f91a8c6b7926f52e209e8f697e.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/08/01/f88de9f91a8c6b7926f52e209e8f697e.webp" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4"> Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks [Updated] </h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/01/e59946958a3ce000f279efb2e1b9c852.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/08/01/e59946958a3ce000f279efb2e1b9c852.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Crypto Telegram Channels List 2023 [Updated]</h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/07/31/48cfebc8a0493db9937bed5dd005ee19.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/07/31/48cfebc8a0493db9937bed5dd005ee19.webp" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Top 10 Web3 Games To Explore In 2023; Here List</h6> <span>Must Read</span> 
    </div> 
   </div> 
  </div> 
 </div> 
 <h2 id="a-rel-noopener-noreferrer-nofollow-title-crv-href-https-thebittimes-com-tag-crv-html-crv-a-gets-protection-on-binance"><a rel="noopener noreferrer nofollow" title="CRV" href="https://thebittimes.com/tag/crv.html">CRV</a> Gets Protection On Binance</h2>  
 <div class="quads-location quads-ad124348 " id="quads-ad124348" style="float:none;text-align:center;padding:0px 0 0px 0;">   
 </div> 
 <p>In a positive move following the exploit, crypto market makers intervened on Binance to support <a rel="noopener noreferrer nofollow" title="CRV" href="https://thebittimes.com/tag/crv.html">CRV</a>. Data from Paris-based crypto provider Kaiko reported that the 2% bid-side market depth, a measure of buy orders within 2% of the mid-price, rose from roughly 500,000 <a rel="noopener noreferrer nofollow" title="CRV" href="https://thebittimes.com/tag/crv.html">CRV</a> to over 1 million <a rel="noopener noreferrer nofollow" title="CRV" href="https://thebittimes.com/tag/crv.html">CRV</a> post-exploit.</p> 
 <p>Following the late Sunday exploit, <a rel="noopener noreferrer nofollow" title="CRV" href="https://thebittimes.com/tag/crv.html">CRV</a> quickly decreased more than 14% to 58 cents. The sudden dip sparked more <a rel="noopener noreferrer nofollow" title="CRV" href="https://thebittimes.com/tag/crv.html">CRV</a> selling as concerns about a potential liquidation of Curve founder Michael Egorov’s multi-million dollar worth of USDT and FRAX borrowings that were secured by <a rel="noopener noreferrer nofollow" title="CRV" href="https://thebittimes.com/tag/crv.html">CRV</a> grew. <a rel="noopener noreferrer nofollow" title="CRV" href="https://thebittimes.com/tag/crv.html">CRV</a> token is trading at <span class="sc-16891c57-0 dxubiK base-text">$0.5783, at the time of writing.</span></p> 
 <div class="sc-16891c57-0 qcwxm"> 
  <div class="sc-aef7b723-0 sc-5219c53f-0 hPqPqM" data-sensors-click="true"> 
   <img decoding="async" class="aligncenter size-full wp-image-155821" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201026%20559'%3E%3C/svg%3E" alt="CRV Chart" width="1026" height="559" data-lazy-src="https://cdn.thebittimes.com/images/2023/08/03/d844864ce64675f452b682bcc5db31a2.webp"> 
   <noscript> 
    <img decoding="async" class="aligncenter size-full wp-image-155821" src="https://cdn.thebittimes.com/images/2023/08/03/d844864ce64675f452b682bcc5db31a2.webp" alt="CRV Chart" width="1026" height="559"> 
   </noscript> 
  </div> 
 </div> 
 <p>It is yet to be seen whether Lightning HSL’s proposal will be implemented or how it would influence the crypto market. However, it opens up a dialogue on novel mechanisms to mitigate risks associated with crypto borrowing and liquidation.</p> 
 <p>Also Read: Australian Regulator ASIC Sues eToro for Offering High-Risk Derivative Products</p> 
</div>

New Backup Pool Solution: A Remedy For CRV Liquidation Crisis?

Table of Contents

TheBitTimes

Muita 3. elok. 2023 julkaistuja artikkeleja

Bitstamp's Epic XRP Announcement Leaves Community Upset

SK C&C to Spearhead Establishment of Korea’s First Alternative Trading System

The Rise of Uhive: An Emerging Social Network Driving Crypto Value 🚀💫

ROTA Official NFT: The Varied Collection of APE in PFPs Category

DigiToads presale draws Dogecoin holders, DOGE losing liquidity

JUST IN: Coinbase Confirms Mainnet Launch Date for Base

Join our free newsletter for daily crypto updates!