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Don't remind me again today

#Euler DAO借贷协议事件 Seeing the response from the Morpho co-founder regarding the lack of liquidity, I couldn't help but recall the previous incident with Euler DAO. This "lack of liquidity" is often a precursor to risk. Although they claim it is a normal mechanism, we must remain vigilant. The utilization rate of the lending protocol has surged to 100%, and the interest rate has skyrocketed by 4 times, which is abnormal! I have witnessed too many projects evolve from "small problems" into major collapses. I suggest everyone closely follow the subsequent developments of Morpho, especially those problematic liquidity pools. Remember, to survive on-chain, risk awareness must be maintained at all times. Don't be lured by high interest rates, and do not blindly trust the explanations from the project party. Protecting your assets is the key!

EUL1.88%
MORPHO-6.52%
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