Lending markets and CDP stablecoins are two sides of the same coin. It is not some grand conspiracy. Quite frankly it’s DeFi 101 at this point. What’s cool w/ Felix / Liquity V2 codebase is that it allows for localized, market driven rates rather than one size fits all borrowing
1/ It’s time to realize that CDP stables, such as $feUSD and $USDXL are fake money. 🧵
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