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GM Defiers!
Happy Friday! The DeFi community is breathing easier after Curve founder Michael Egorov paid down a large portion of his debt, reducing the risk of liquidations and bad debt across major lending protocols.
On another front, the rapid ascent of FDUSD, following its listing on Binance, showcases the ripple effect major exchanges can exert over token dynamics. Meanwhile, MetaMask has enhanced its Portfolio app to offer staking for Ether and MATIC.
✍️ In today’s newsletter:
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Watch our video on the $70M Curve exploit. And check out our podcast with Aya Kantorovich, the co-CEO and co-founder of Fractal.
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