The Defiant
@DefiantNews
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Joined March 2020
937 Following 724.2K Followers
A wallet bought yield tokens in a $9 million Pendle pool, dragged the PT price down 2.8%, and liquidated $36.1 million of looped positions on @Morpho in 14 minutes.
@pendle_fi and @SteakhouseFi say the oracle worked as designed. No bad debt.
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