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Rune
Rune|Nov 29, 2025 17:58
🚜🚜🚜Update on sUSDS/stUSDS curve pool Turns out the sUSDS/stUSDS curve pool was configured wrong, so it is not properly providing deep liquidity between the two assets... Instead, for the next month it became an unintended stUSDS farm 🚜 If you deposited stUSDS into the pool, your funds are completely safe, you're just holding a portfolio of almost entirely stUSDS and a tiny amount of sUSDS, with an extra incentive on top (right now the yield is something like 55% total). You can withdraw your stUSDS at any time. The issue is that there will not be much trading volume, and the pool composition will be overwhelmingly stUSDS with barely any sUSDS. To solve this issue a new Curve USDS/stUSDS pool will be deployed with a new incentive. This time properly configured to support ERC4626 so that it will actually provide deep liquidity and let an stUSDS discount market form, as intended.(Rune)
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Timeline

Dec 29, 15:07Yi Lihua's Trend Research withdrew 13,462 ETH from Binance
Dec 28, 13:09Whales are accumulating LINK tokens
Dec 23, 03:35Suspected Ethena team-associated wallet transferred 17,900 AAVE to the exchange
Dec 22, 12:26Bybit Wealth Management launches Mantle Vault high-yield asset management treasury
Dec 22, 08:00Users recover funds stuck in Multichain
Dec 21, 01:20Cango_group builds full-stack mining and AI facilities
Dec 20, 12:04Binance obtains ISO/IEC 42001 certification
Dec 20, 01:06Ethena Labs deposited 18.36 million ENA into Bybit
Dec 19, 17:37Cryptocurrency is transitioning from the experimental phase to large-scale deployment.
Dec 18, 14:32@theunipcs withdraws FLOKI and lends USDT

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