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SyrupUSDC is making progress on Aave! 🚀 More looping opportunities underway.
After $19.3B+ (actual number may grow...) in liquidations yesterday, especially with people getting hit hard by USDe depegging on CEX, it's time to think about DeFi's robustness differently.
On risk management: @CIAN_protocol had zero liquidations yesterday for all looping vaults managed. When managing SyrupUSDC loops, we provide institutional-level speed to exit for meaningful sizes—no need to wait 7 days to cool down and unwind when you need out.
On infrastructure robustness: SyrupUSDC looping on Aave @aave uses Proof of Reserves pricing as oracle instead of market price. This means no cascade liquidations triggered by temporary market panic, as long as the underlying reserves remain sufficient. @maplefinance built this with sustainable yields beyond 20% APY through actual reserve-backed mechanisms.
That's DeFi's unique strength—when built right.
Read more on why market price oracles aren't appropriate for reserve-backed tokens:
Proposal:
Who's jumping in to diversify their stablecoin looping opportunities? 💪
#RWA #DeFi #SyrupUSDC #Aave

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