Galois Kevin
Galois Kevin|Oct 12, 2025 07:37
Last few thoughts. Cap the maximum allowed USDe which can be used as collat for perps to some function of the liquidity in the USDe/USDT book or wherever USDe is sent during liquidation. Also, even though hard coding USDe 1:1 with USDT on DeFi correctly saved people a lot of money this time, this is not a sound long term solution. It working this time will create invisible tail risk by emboldening folks to do more hard coding like this.(Galois Kevin)
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