Euler WAS the only place you could borrow USDai afaik.
HOWEVER
Someone created a 20x ungoverned USDT vault on Euler below paired with Frontier USDT to borrow.
With 3x non-aligned Allo, you can get up to 60x Allo!
Weeee @OlimpioCrypto @PendleIntern
Plasma Frontier USDai market on @eulerfinance disabled borrowing, you literally cannot borrow USDAI anywhere.
Traders must swap to USDAI above peg, meaning the depeg will only get worse 👇
Per @Bitcoineo, "@0xZergs confirmed they won't increase caps before 20th Nov"
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