vBTC+ strategy on #ACoconut v2 #BSC remains secure as we do not hold or collateralize against any XVS positions.

19 May 2021, 03:33
✅vBTC+ strategy on #ACoconut v2 #BSC remains secure as we do not hold or collateralize against any XVS positions 🦾This incident further highlights the robustness of BTCB+ as BTCB+ automatically rebalances between underlying protocols to achieve optimal risk-adjusted returns

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ACoconut
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19 May 2021, 03:33
✅vBTC+ strategy on #ACoconut v2 #BSC remains secure as we do not hold or collateralize against any XVS positions 🦾This incident further highlights the robustness of BTCB+ as BTCB+ automatically rebalances between underlying protocols to achieve optimal risk-adjusted returns Venus, BSC's largest lending platform, once again experienced problems. By manipulating the price of XVS, someone borrowed 4100BTC and 9600ETH, generated more than $100m in bad debts. Venus had similar loopholes before, and was loaned 3000 Bitcoins and 7000 ETH.
vBTC+ strategy on #ACoconut v2 #BSC remains secure as we do not hold or collateralize against any XVS positions.
✅vBTC+ strategy on #ACoconut v2 #BSC remains secure as we do not hold or collateralize against any XVS positions 🦾This incident further highlights the robustness of BTCB+ as BTCB+ automatically rebalances between underlying protocols to achieve optimal risk-adjusted returns https://t.co/S26ka2pp0q Venus, BSC's largest lending platform, once again experienced problems. By manipulating the price of XVS, someone borrowed 4100BTC and 9600ETH, generated more than $100m in bad debts. Venus had similar loopholes before, and was loaned 3000 Bitcoins and 7000 ETH. https://t.co/PmsWebLyQY