This time, Yei @YeiFinance Stream Finance was attacked. The way they handled it is quite impressive.



At first glance, I thought they would definitely run away or shift the blame, after all, they only raised 2 million USD and have already issued tokens.

Unexpectedly, within about a day, they fulfilled their promise to borrow 8.6 million USD in USDC collateralized by sfastUSD on the main board market.

Trust is the most lacking element in the DeFi space. As the leading DeFi project in the Sei ecosystem, Yei's actions have greatly boosted their reputation.

Personally, I prefer to choose the ecosystem's leading protocols in DeFi, as they set the benchmark and have a lower risk of failure.

Recently, there have been several incidents of stablecoins losing peg. This time, Yei also exposed the risks of protocol dependence on stablecoins. Everyone should pay more attention! After all, not every project can have the responsibility that Yei Finance demonstrates!
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