Distributed credit protocol maple Reported The debt is not bad because the platform user’s position has not been cleared during the price crash on February 2.
The user also reported that he had deposited $ 10 million to strengthen his margin during the period to avoid liquidation events. Ethereum (ETH) has been simply dropped to a low $ 2,000 price area, and major cryptocurrencies have led to $ 10 billion a day, with a decrease in the range of 10% to 30%.
Maple is a distributed credit protocol that deposits assets in grass that users act as an institution’s credit line. According to rwa.xyz dataMaple managed $ 2.5 billion in loans as of February 7.
The report emphasizes that Maple’s blue chip and high -profit fixed loan products have been completely different in different moisture during this volatility, which is due to margin coke issued before the level of collateral becomes important.
The high profit fixed pool showed $ 2 million in the large -scale liquidation on February 2.
Maple’s blue chip fixed loan grass accepts Bitcoin (BTC) and ETH as collateral by qualified managers. Meanwhile, high -profit fixed pools acquire higher profits by acquiring loans supported by certain digital assets and receiving loans or reinvesting mortgages.
Syrup is a pool that combines two strategies to increase the yield to provide more risks. The pool issued a margin phone to 35%of the loan, resulting in $ 5 million with a new deposit.
Mr. Bong -in raised an additional $ 7.4 million in collateral and repaid $ 7.4 million loans to strengthen Maple’s loan book stability.
As of February 6, the level of mortgage between the swimming pool is 165%.
The report also emphasized that the yield options available in the Defi protocol were withdrawn, and the safe continued to provide two -digit revenue per year.
AAVE handles $ 220 million liquidation
AAVE was also intended during the large -scale liquidation on February 2. According to Chaos Labs dataMoney Market has successfully handled $ 220 million in liquidation while maintaining additional bad debt.
CHAOS LABS emphasized that AAVE’s liquidation mechanisms ensured the location efficiently. Most liquidation occurred in the major instances of Ether Lee, minimizing the loss of protocols.
Despite the liquidation size, AAVE’s existing bad debt decreased by 2.7% due to the decrease in the value of debt assets.
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