Elixir, a decentralized finance (DeFi) liquidity provider, announced it is sunsetting its synthetic stablecoin deUSD in response to severe fallout from Stream Finance’s $93 million loss. Stream, a DeFi yield aggregator, halted withdrawals on November 4 after an external fund manager disclosed the massive shortfall, revealing $285 million in total debt across lenders—including $68 million
Related Articles
Don't miss out on breaking stories and in-depth articles.