stETH large-scale withdrawal Figment may become a new choice for ETF staking

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On August 15, analyst Ben Lilly pointed out that the current stETH is being withdrawn from Lido. Another lending protocol, Figment, is absorbing Lido's market share, which means Figment could potentially be the staking partner for the ETF. 32% of stETH (wstETH) is being used as collateral for the lending protocol, and depeg could mean liquidation for the lending protocol.

It is worth noting that currently, 278,000 wstETH is in a "high-risk" state (high risk is defined as a health coefficient between 1 and 1.1 times).

STETH-1.31%
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SandwichHuntervip
· 17h ago
Tee tee tee, all are提, this flavor is too strong.
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Deconstructionistvip
· 08-15 19:00
Is it another major reshuffle?
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SolidityStrugglervip
· 08-15 04:49
Stake losses are all gone, I'm leaving.
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NFTHoardervip
· 08-15 04:48
It's a bit dangerous, don't mess it up, Lido.
View OriginalReply0
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