3 ms·
It is worth noting that the depeg started at a time when liquidity was moving from curve finances ust-3pool to 4pool(Both trading pools of stablecoins). This re
by cdiddy2 4y ago
It is worth noting that the depeg started at a time when liquidity was moving from curve finances ust-3pool to 4pool(Both trading pools of stablecoins). This resulted in much less liquidity for a time which would be perfect time to attack the weakness.
It was always going to blow up though so it is possible this was just a coincidence and all it needed was slightly less liquidity to trigger the run.