if they increase their transparency massively and champion new lend protocol with partial liquidations and lowest penalties, they could bring the trust back especially, also if you could give liquidation insurance to loopers or others, which is not that hard to do if you have confidence in your strategies the bigger concern is, if your strategy's confidence is relying on trusting a 3rd party to honor their senior rights commitments then it might never get back to the place it was before and that is a structural issue in the foundation
Aave USDe looping positions have been largely deleveraged after 10/10. Furthermore, fear around yield bearing stablecoins is growing after xUSD, deUSD incidents. Wondering if USDe can turn its supply back into an uptrend. data h/t @sealaunch_
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