The next big risk might be in so-called "neutral strategies"—super dangerous! @StablesLabs founder Flex Yang (Yang Zhou, ex-Babel Finance) has wallets linked to these addresses (I’ll paste the links at the end). All USDC/USD1/USDT liquidity seems to have been pulled out of Euler/Lista/Silo using sUSDX/USDX as collateral, paying 100% borrowing interest and seemingly with no intention of repayment. This is very likely to impact projects like Euler/Lista/Silo. Currently, @eulerfinance says they are working with @StablesLabs, but all they’ve done is lower the supply cap for sUSDX—absolutely! No! Other actions! Previously, @StreamDefi did the same thing, and they defaulted too. Let me say it again: Yang Zhou’s wallet is paying absurd interest rates of up to 100% annualized, while the collateral’s yield is only 5.5%. https://((((debank.com))))/profile/0x50de1aa50ff7f5b067e9bdfb317d113c8c0d3da8 https://((((debank.com))))/profile/0x5dbf56810f0c07e68c2dd8214408074148541d24 https://((((debank.com))))/profile/0xfdb9a0714f9cb8ff16854726ed067ce07e431767 https://((((debank.com))))/profile/0x36acf76ab1722d1dddd6690642ed4143bd4aca1f