xUSD has ~$170M backing it on-chain.
They’re borrowing ~$530M from lending protocols.
That’s 4....
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
Quick Insights
Avoid xUSD and associated vaults on Morpho / Euler due to its precarious 4.1x leverage against illiquid positions, indicating high risk rather than sustainable yield. This situation is described as "degen gambling" and suggests a strong recommendation to stay away.
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About CBB (xpl era)